Comparative Study Between Ecological and Economic Methods of Cryptocurrency Mining

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This work presents the result of a comparative analysis that has been carried out between three cryptocurrency mining methods. The mining methods used are ecological since they do not require equipment that consumes large amounts of energy and does not overheat. Nor do they require large investments. Among the conclusions, it stands out that, although large amounts of economic wealth are not accumulated, crypto actives can be mined or accumulated through ecological and economic methods.

Original languageEnglish
Title of host publicationManagement, Tourism and Smart Technologies - ICMTT 2023 Volume 1
EditorsCarlos Montenegro, Álvaro Rocha, Juan Manuel Cueva Lovelle
PublisherSpringer Science and Business Media Deutschland GmbH
Pages3-12
Number of pages10
ISBN (Print)9783031441301
DOIs
StatePublished - 2024
EventInternational Conference on Management, Tourism and Technologies, ICMTT 2023 - Bogotá, Colombia
Duration: 4 May 20236 May 2023

Publication series

NameLecture Notes in Networks and Systems
Volume773
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

ConferenceInternational Conference on Management, Tourism and Technologies, ICMTT 2023
Country/TerritoryColombia
CityBogotá
Period4/05/236/05/23

Bibliographical note

Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.

Keywords

  • Bitcoin
  • Cryptocurrencies
  • Cryptocurrency Mining
  • Ecological Mining
  • Economic Mining

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