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BitcoinMininganditsEnergyFootprint
ISSC 2014 / CIICT 2014, Limerick, June 26 27 Bitcoin Mining and its Energy FootprintKarl J. O Dwyer and David Malone Hamilton InstituteNational University of Ireland MaynoothE-mail: Bitcoin is a digital cryptocurrency that has generated considerable publicinterest, including both booms in value and busts of exchanges dealing in of the fundamental concepts of Bitcoin is that work, called mining, must be donein checking all monetary transactions, which in turn creates Bitcoins as a reward. Inthis paper we look at the energy consumption of Bitcoin mining.
ISSC 2014 / CIICT 2014, Limerick, June 26–27 BitcoinMininganditsEnergyFootprint KarlJ. O’Dwyer† and David Malone∗ HamiltonInstitute NationalUniversityofIrelandMaynooth
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