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12 Angry Miners

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Data Privacy Management, Cryptocurrencies and Blockchain Technology (DPM 2019, CBT 2019)

Part of the book series: Lecture Notes in Computer Science ((LNSC,volume 11737))

Abstract

In this paper we investigate the behavior of miners, in terms of which type of hardware they use, based on publicly-available macro-scale data of Bitcoin. We provide a model for the market share of mining hardware, which is then used to estimate the energy consumption, the distribution of electricity price among Bitcoin miners, and the total investment in the backbone of the Bitcoin network.

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Notes

  1. 1.

    https://github.com/EAAL/Bitcoin.

References

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Author information

Authors and Affiliations

  1. ETH Zurich, Zurich, Switzerland

    Aryaz Eghbali & Roger Wattenhofer

Authors
  1. Aryaz Eghbali
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  2. Roger Wattenhofer
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Corresponding author

Correspondence to Aryaz Eghbali .

Editor information

Editors and Affiliations

  1. Universitat Oberta de Catalunya, Barcelona, Spain

    Cristina Pérez-Solà

  2. Universitat Autonoma de Barcelona, Bellaterra, Spain

    Guillermo Navarro-Arribas

  3. University of Luxembourg, Esch-sur-Alzette, Luxembourg

    Alex Biryukov

  4. Institut Mines-Télécom, Evry, France

    Joaquin Garcia-Alfaro

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Eghbali, A., Wattenhofer, R. (2019). 12 Angry Miners. In: Pérez-Solà, C., Navarro-Arribas, G., Biryukov, A., Garcia-Alfaro, J. (eds) Data Privacy Management, Cryptocurrencies and Blockchain Technology. DPM CBT 2019 2019. Lecture Notes in Computer Science(), vol 11737. Springer, Cham. https://doi.org/10.1007/978-3-030-31500-9_25

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  • DOI: https://doi.org/10.1007/978-3-030-31500-9_25

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-31499-6

  • Online ISBN: 978-3-030-31500-9

  • eBook Packages: Computer ScienceComputer Science (R0)

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