PDF Publication Title:
Text from PDF Page: 019
Methods This section provides the methodology for calculating the range of power consumption, and the approach to derive a best-guess estimate. (1) Lower limit The lower limit is defined by a scenario in which all miners use the most efficient hardware. We calculate the lower limit of the range by multiplying the required computing power – indicated by the hash rate – by the energy efficiency of the most efficient hardware: 𝐸𝐿𝐿 =𝐻∗𝑒𝑒𝑓, (1) with: - 𝐻=h𝑎𝑠h𝑟𝑎𝑡𝑒[𝐻/𝑠] - 𝑒𝑒𝑓=energyefficiencyofmostefficienthardware[𝐽/𝐻] (2) Upper limit The upper limit is defined by the break-even point of revenues and electricity cost. Rational behavior would lead miners to disconnect their hardware from the network as soon as their costs exceed their revenues from mining and validation. 𝐸𝑈𝐿 = (𝑅𝐵+𝑅𝑇)∗𝑀 ∗ 1 , (2) 𝑃𝑁 𝑡 - 𝑅 = 𝑏𝑙𝑜𝑐𝑘 𝑟𝑒𝑤𝑎𝑟𝑑 [𝐵𝑇𝐶] with: 𝐵 - 𝑅𝑇 = 𝑡𝑟𝑎𝑛𝑠𝑎𝑐𝑡𝑖𝑜𝑛 𝑓𝑒𝑒𝑠 [𝐵𝑇𝐶] - 𝑀=𝑚𝑎𝑟𝑘𝑒𝑡𝑝𝑟𝑖𝑐𝑒[𝑈𝑆𝐷/𝐵𝑇𝐶] - 𝑃 = 𝑒𝑙𝑒𝑐𝑡𝑟𝑖𝑐𝑖𝑡𝑦 𝑝𝑟𝑖𝑐𝑒 [𝑈𝑆𝐷/𝑘𝑊h] 𝑁 - 𝑡=𝑡𝑖𝑚𝑒𝑝𝑒𝑟𝑖𝑜𝑑𝑒[h] (3) Best-guess The best-guess estimate follows the approach of the lower limit, but includes the anticipated energy efficiency of the network, as well as further losses from cooling and IT components. 𝐸𝐵𝐺 =𝐻∗𝑒𝑁∗𝑃𝑈𝐸𝑁, (3) 16PDF Image | The Carbon Footprint of Bitcoin
PDF Search Title:
The Carbon Footprint of BitcoinOriginal File Name Searched:
2018-018.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com (Standard Web Page)