Visual analytics of bitcoin mining pool evolution : on the road toward stability? - Institut Mines-Télécom Business School Accéder directement au contenu
Communication Dans Un Congrès Année : 2021

Visual analytics of bitcoin mining pool evolution : on the road toward stability?

Résumé

We present our work on visual analytics tools to support the analysis of Bitcoin mining pool evolution. Mining blocks are a critical component of the Bitcoin ecosystem, helping to keep the system secure, valid, and stable. At the same time, mining is a resource-intensive activity that continues to get more and more difficult. Mining pools have emerged to address this issue and to ensure a more stable and predictable income by sharing computing power. Yet, increased centralization of the mining power is also not without dangers (e. g., the 51% attack), and, thus, it is important to better understand and analyze mining pool activities in Bitcoin. Here, we report three contributions: our extensive data collection on Bitcoin mining pools, our development of two custom visualizations, and our first exploratory data analysis leading to hypotheses and documented activities about pools' main features such as market share, reward rules, or location.
Fichier principal
Vignette du fichier
Mining_Pool_Evolution_Visualization(1).pdf (829.39 Ko) Télécharger le fichier
Vignette du fichier
Tovanich_2020_VAO.png (78.41 Ko) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)
Format : Figure, Image

Dates et versions

hal-02902465 , version 1 (20-07-2020)
hal-02902465 , version 2 (20-10-2020)

Identifiants

Citer

Natkamon Tovanich, Nicolas Soulié, Petra Isenberg. Visual analytics of bitcoin mining pool evolution : on the road toward stability?. BSC 2020-2021 - 3rd International Workshop on Blockchains and Smart Contracts held in conjunction with the 11th IFIP International Conference on New Technologies, Mobility and Security, Apr 2021, Paris, France. ⟨10.1109/NTMS49979.2021.9432675⟩. ⟨hal-02902465v2⟩
958 Consultations
1893 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More