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Minting Money With Megawatts

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About the Authors References [1] Satoshi Nakamoto. Bitcoin: A Peer-to-Peer Electronic Cash System. http://bitcoin.org. May 24, 2009. [2] Wikipedia. Bitcoin. http://en.wikipedia.org. Retrieved April, 2015. [3] Dirk Merkel. Bitcoin for beginners, Part 2. http://www.javaworld.com. December 6, 2011. [4] Robleh Ali, John Barrdear, Roger Clews and James Southgate. Innovations in payment technologies and the emergence of digital currencies. http://www.bankofengland.co.uk. Quarterly Bulletin, Q3 2014. [5] Bitgo. Based on graphic by Bitgo. http://www.bitgoinc.com/. Downloaded April, 2015. [6] Adam Back, et al. Enabling Blockchain Innovation with Pegged Sidechains. http://www.blockstream. October 22, 2014. [7] Financial Times. Iceland’s daring raid on fractional reserve banks. Financial Times. April 9, 2015. [8] Wikipedia. Gold reserve. http://en.wikipedia.org. Retrieved June, 2013. [9] Savills. UK Housing Stock Climbs [to] £5T. http://www.savills.co.uk. February, 2013. [10] Global Finance. Payments Volumes Worldwide. http://www.gfmag.com. Based on BIS report published January, 2013. [11] Ed Parry. Financials. https://www.paypal-media.com/about. Retrieved, April 2014. [12] European Central Bank. Virtual Currency Schemes. http://www.ecb.europa.eu. October, 2012. [13] Wikipedia. Network effect. http://en.wikipedia.org. Retrieved June, 2013. [14] Wikipedia. Geometric Brownian motion. http://en.wikipedia.org. Retrieved June, 2013. [15] Blockchain.info. Bitcoin Block Explorer. https://blockchain.info. Retrieved, April 17, 2015. [16] Bitnodes. Global Bitcoin Node Distribution. https://getaddr.bitnodes.io. Retrieved, April 14, 2015. [17] Sourceforge. Bitcoin. http://sourceforge.net. Retrived April, 2014. [18] CoinDesk. State of Bitcoin 2015: Record Investment Buoys Ecosystem. CoinDesk. April 10, 2015. [19] Wikipedia. Legality of Bitcoins by country. http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country. Retrieved April, 2014. [20] HMRC. Revenue & Customs Brief 09/14. http://www.hmrc.gov.uk. March, 2014. [21] Bank of England. One Bank Research Agenda . http://www.bankofengland.co.uk. 2015. [22] Wikipedia. SHA-2. http://en.wikipedia.org. Retrieved February, 2015. [23] The Bitcoin Wiki. Mining hardware comparision. https://en.bitcoin.it. Retrieved, August, 2013. [24] Nermin Hajdarbegovic. Kncminer plans 16nm bitcoin mining asic launch in 2015. CoinDesk. November 18, 2014. [25] Jonathan Koomey & Samuel Naffziger. Moore’s Law Might Be Slowing Down, But Not Energ Efficiency. IEEE Spectrum. March 31, 2015. [26] J ́on H Egilsson & Sveinn Valfells. Global Payment Processing Using Icelandic Energy Resources. Memorandum for Landsvirkjun. August, 2013. Presented at University of Iceland, April 17, 2015 Sveinn Valfells, PhD & J ́on Helgi Egilsson Minting Money With Megawatts / 23 View publication stats 2

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