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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Bibliographic Details

Published in:	Communications of the ACM Vol. 61; no. 7; pp. 15 - 18
Main Author:	Kugler, Logan
Format:	Article
Published:	Association for Computing Machinery Jul2018
Subjects:	Cryptocurrencies Electric power consumption Bitcoin Application-specific integrated circuits Graphics processing units
Online Access:	View this record in EBSCOhost