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Cryptocurrency mining feasibility using low-cost hardware

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Date of Conference

July 18-22, 2022

Published In

"Education, Research and Leadership in Post-pandemic Engineering: Resilient, Inclusive and Sustainable Actions"

Location of Conference

Boca Raton

Authors

Navas, William

Garofalo, Víctor

Campoverde, Roger

Zambrano, Dennis

Pincay, Freddy

Vera-Ortega, Raquel

Plaza, Angel

Abstract

The development of prototypes with low-cost and environmentally friendly components are an important part of the characteristics of project proposals within the academic and technological area in the Faculty of Industrial Engineering of the University of Guayaquil, the present work carries out a feasibility evaluation of mining of cryptocurrency using the Raspberry Pi hardware, documenting the process and evaluating each of the parties involved, in search of a viable option that allows mining a cryptocurrency, taking into account the security of the network through the mining process, it is intended find an energetically sustainable without giving up the fundamental principles of cryptocurrencies

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