Why Cryptocurrencies Use So Much Energy--and What to Do About It.

The article discusses concerns regarding the electricity consumption of mining for cryptocurrencies such as Bitcoin and suggested prevention measures. Topics include Bitcoin's use of a proof-of-work system to mine new bitcoins which uses a lot of computer power and electricity, Bitcoin's adoption of...

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Publicado en:Communications of the ACM Vol. 61; no. 7; pp. 15 - 18
Autor principal: Kugler, Logan
Formato: Artículo
Publicado: Association for Computing Machinery Jul2018
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        au: Kugler, Logan
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        Cryptocurrencies
        Electric power consumption
        Bitcoin
        Application-specific integrated circuits
        Graphics processing units
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        subj:
          Cryptocurrencies
          Electric power consumption
          Bitcoin
          Application-specific integrated circuits
          Graphics processing units
      ab: The article discusses concerns regarding the electricity consumption of mining for cryptocurrencies such as Bitcoin and suggested prevention measures. Topics include Bitcoin's use of a proof-of-work system to mine new bitcoins which uses a lot of computer power and electricity, Bitcoin's adoption of application-specific integrated circuits to allow faster mining, and efforts to find greener ways to mine cryptocurrencies such as Ethereum's mining on general-purpose graphics processing units (GPUs).
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