2022
DOI: 10.1155/2022/4808703
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Mining Cryptocurrency-Based Security Using Renewable Energy as Source

Abstract: Cryptocurrency mining and blockchain technology using renewable energy as the main electricity source has gained attention for sustainable development in financial areas. However, very few studies have been reported concerning the power usage of cryptocurrencies using renewable energy. In this article, we report the effect of overclocking and undervolting on power usage and the hash rate for mining dogecoin with solar energy as renewable energy. The mining rig used in this work consists of different graphics p… Show more

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Cited by 55 publications
(10 citation statements)
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References 37 publications
(55 reference statements)
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“…The comprehensive literature review technique provided by current ADS approaches [16] is used in this section. The SLR is compiling pertinent papers that identify specific research issues and questions for further investigation.…”
Section: Methodsmentioning
confidence: 99%
“…The comprehensive literature review technique provided by current ADS approaches [16] is used in this section. The SLR is compiling pertinent papers that identify specific research issues and questions for further investigation.…”
Section: Methodsmentioning
confidence: 99%
“…. Among renewable sources, while Our results are focused on Bitcoin but apply to other PoW blockchains as well ( [140]). Nevertheless, the reader should consider the difficulty of not only multiplying Bitcoin's current scale several times, but also competing PoW DLTs simultaneously matching this scale Additionally, general decarbonization efforts will positively impact Bitcoin's carbon-intensity profile insofar as it relies upon "the grid" [3], [19] individual sites such as hydro or geothermal will continue to exist, solar and wind are gaining importance, given a cost and scalability advantage [11], [58].…”
Section: E Takeawaysmentioning
confidence: 99%
“… Central Processing Unit (CPU) utilizes one or more processors and thus is poorly profitable for its users [ 27 ]. A Graphics Processing Unit (GPU) utilizes one or more graphics cards [ 28 ] and is currently claimed to be the most popular and well-known method of cryptocurrency mining [ 29 ]. Field-Programmable Gate Array (FPGA) is an electronic circuit that one can program to execute certain logical operations with a programming language such as Verilog or VHDL.…”
Section: Introductionmentioning
confidence: 99%
“…A Graphics Processing Unit (GPU) utilizes one or more graphics cards [ 28 ] and is currently claimed to be the most popular and well-known method of cryptocurrency mining [ 29 ].…”
Section: Introductionmentioning
confidence: 99%