Apr 28, 2023
Stanford team shines light on cryptocurrency, designs photonic circuits to save energy
Posted by Gemechu Taye in categories: blockchains, computing, cryptocurrencies, space travel
Cryptocurrency mining is only accessible to those with access to highly discounted energy. The newly-developed low-energy chips will make it possible for everyone to participate in mining profitably.
If you were to ask anyone their feelings about cryptocurrency in 2020, chances are they would respond along the lines of “to the moon”(Crypto investors often use the phrase when they believe that certain cryptocurrencies will rise significantly in price). However, a year later, those sentiments seemed to have jaded. A sense of negativity — FUD (fear, uncertainty, and doubt), as crypto-sympathizers would call it — seemed rife.
Stanford University.