Market Cap
24h Vol
7054
Cryptocurrencies
82654
Markets
Bitcoin.com
2019-11-29 13:45:54

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns, and systemic risks.” The authors state that silicon photonics could be used to shift mining […]The post Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use appeared first on Bitcoin News.