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MoneroResearch.info |
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Švarcmajer, M., Köhler, M., Marinčić, J., & Perić, J. 2025, Utilizing Faculty Computers for Cryptocurrency Validation and Mining During Idle Time. Paper presented at 33rd International Conference on Organization and Technology of Maintenance (OTO 2024). Added by: Rucknium (15/04/2025, 15:17) |
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| Resource type: Proceedings Article ID no. (ISBN etc.): 978-3-031-80597-4 BibTeX citation key: anon2025 View all bibliographic details  |
Categories: Monero-focused Creators: Ademović, Glavaš, Hadzima-Nyarko, Hanák, Köhler, Marinčić, Perić, Švarcmajer Publisher: Springer Nature Switzerland Collection: 33rd International Conference on Organization and Technology of Maintenance (OTO 2024) |
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| Attachments | URLs https://link.sprin ... 8-3-031-80597-4_10 |
| Abstract |
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In the world of cryptocurrencies, there is the possibility of participating in numerous processes in which some kind of reward is obtained, most often in the form of cryptocurrency. This paper investigates the possibilities of using laboratory computers at the Faculty of Electrical Engineering, Computing and Information Technologies in these processes when they are not used for teaching purposes. The hardware specifications of the computer were collected and an insight into the ways of cryptocurrency earnings mining and validation was provided. Mining is the most well-known earning process, and it was introduced with the Bitcoin cryptocurrency, and based on this cryptocurrency, this process is described in detail. Due to the hardware configuration of the computer, in this paper we focus on the profitability of CPU mining of cryptocurrencies that can be mined this way, namely Monero, Zephyr, Raptoreum, Skytere and Subi Network. This type of mining has been unprofitable for Bitcoin for years. Computing power does not have to be used only for the mining process. For example, Solana uses CPUs to validate transactions. This paper combines technical and economic analyses, taking into account computer specifications to assess the economic viability of cryptocurrency mining and validation on college computers. We highlight the importance of organization, maintenance, and economic factors in managing these processes, providing practical guidelines for optimal utilization of faculty resources for the purpose of cryptocurrency earnings.
Added by: Rucknium |