0% Complete
صفحه اصلی
/
هشتمین کنفرانس بین المللی فناوری و مدیریت انرژی
Short and long term prediction of Bitcoin energy consumption
نویسندگان :
Alireza Ghadertootoonchi
1
Masoumeh Bararzadeh
2
Maryam Fani
3
1- دانشگاه شریف
2- دانشگاه صنعتی شریف
3- دانشگاه صنعتی امیرکبیر
کلمات کلیدی :
Blockchain،Hash rate،Bitcoin energy consumption،Machine learning،Bitcoin energy consumption prediction
چکیده :
Bitcoin’s (BTC) mining process utilizes the proof of work (PoW) concept as the consensus algorithm, which consumes electricity. As a result, there are concerns regarding its sustainability and carbon emission. If one wants to estimate these, they first should have an estimation of the network’s energy consumption which is hard to calculate due to its decentralized nature. To do so, two methods are conceivable. First, considering electricity price and miner’s revenue (electricity costs are considered as a part of total revenue, then divided by electricity price to obtain electricity consumption), second, using hash rate along with the efficiency of mining devices. The latter is utilized in this study for short- and long-term predictions. In the short-term, recurrent neural network (RNN) is used, whereas in the long-term logistic functions are applied. It has been concluded that the ultimate energy consumption of the Bitcoin network, which will happen around 2025, is in the range of 40.4 to 73.41 TWh annually and its estimated value is 58.56 TWh.
لیست مقالات
لیست مقالات بایگانی شده
عملکرد سیمولاتور توربین بادی متصل به باس DC فلایویل در ریزشبکه تحقیقاتی امیرکبیر
معظمه طالبی خشکرودی - گئورک قرهپتیان
بررسی فرآیندهای پیش تصفیه لجن فعال جهت افزایش تولید بیوگاز با روش هضم بی هوازی
سمانه قاسمی نیا - علی پیروزی
تجزیه و تحلیل ترمودینامیکی سیستم ترکیبی جذب و تراکم بخار با سیال عامل لیتیوم بروماید و آب
رحیم زاهدی - سیاوش گیتی فر - ابوالفضل احمدی - حسین یوسفی
Improving Transient Stability in Power Systems Through Integration of Large-Scale Photovoltaic Power Plants
Hadi Abbaspour - Siavash Yari - Hamid Khoshkhoo - Innocent Kamwa
Performance of Bifacial Solar System for 1MW grid- connected solar power plant in Mashhad, Iran: Design, Simulation and Economic Analysis
Afrooz Ghavami - Mostafa Eidiani - Hossein Zeynal - Zuhaina Zakaria
Assessment of Cyber Security in the Renewable Electricity Market Considering System Reliability Using Machine Learning
Daryoush Tavangar Rizi - Mohammad Hassan Nazari - Maryam Fani - Seyed Hossein Hosseinian
Steam consumption prediction in a tire factory using machine learning approaches
Ali Foadaddini - Hamid Saadatfar - Edris HosseiniGol - Matin HosseinPour - Mahtab Aminzadeh
Investigating the Role of Private Sector Participation in Distribution Network Expansion Planning through Distributed Energy Resources Installation
Hossein Shahinzadeh - Amirreza Baghernezhad - Ahmad Hafezimagham - Hamed Nafisi - Majid Moazzami - Hossein Askarian-Abyaneh
High Frequency Behavior Evaluation of Grounding System in Wind Farms
Nabiollah Ramezani - Ali Shabani
Implementation and investigation of a Blockchain based method for natural gas audit
Mohammadhossein Ghorbi - Amirhosein Mansouri
بیشتر
ثمین همایش، سامانه مدیریت کنفرانس ها و جشنواره ها - نگارش 44.0.1
