Friday 24 April 2020

What distribution would the quantity of mining hardware in function of mining efficiency follow?

Hey guys,

For my thesis, I have to make estimates on the hardware that is being used to mine bitcoin (and altcoins). As exact data is unavailable, I am trying to model the quantities (as % of the total network hashrate) as a function of their efficiency (amount of hashes / Joule of energy).

Does anyone have any idea what function this would/could resemble? For example, it could follow a power law where the least efficient - but still profitable - hardware is the most common (as it has often been in the market for longer) and the highly efficient ones (which are highly expensive) are rather rare. Other options are normal, uniform, exponential,...

Any insights or resources on this would be of great help!



Submitted April 24, 2020 at 06:57PM by Bellyforest https://bit.ly/2yILh7S

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