Proof-of-Work cryptocurrencies are potential candidates for creating such imbalances as disturbances in mining can cause abrupt changes in power demand. The problem is amplified by the ongoing centralization of mining hardware in large mining pools.
Sep 7, 2018
▷ Proof-of-Work cryptocurrencies consume high loads of electric power from the grid. We investigate whether the power consumption of. Bitcoin and Ethereum in ...
This paper investigates power consumption characteristics of miners, consult mining pool data, and analyzes the amount of total power consumption as well as ...
Proof-of-Blackouts? How Proof-of-Work Cryptocurrencies Could Affect Power Grids · List of references · Publications that cite this publication.
Proof-of-Blackouts? How Proof-of-Work Cryptocurrencies Could Affect Power Grids ; Event Type. Conference ; Event Dates. 10-12 Sept 2018 ; Page Range. pp. 184-203.
Sep 10, 2018 · Proof-of-Work cryptocurrencies are potential candidates for creating such imbalances as disturbances in mining can cause abrupt changes in power demand.
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If mining operations are interrupted by the blackout, we expect the total computing power of the network to decrease. We hence first confirm that the hashrate ...
Sep 10, 2018 · Proof-of-Work cryptocurrencies are potential candidates for creating such imbalances as disturbances in mining can cause abrupt changes in power ...
... Proof-of-Blackouts? How Proof-of-Work Cryptocurrencies Could Affect Power Grids", booktitle="Research in Attacks, Intrusions, and Defenses", year="2018 ...
Mar 12, 2024 · After several instances in which energy-intensive proof-of-work cryptocurrency mining threatened to destabilize the grid and led to price spikes ...