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Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use – Bitcoin News

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.”








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