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ICAST 2019
Recruiting Future Backup
Cryptocurrency Miners with Solar
Power Bank on Single Board
Computers
Fajar Purnama, Irwansyah,
Muhammad Bagus Andra, Tsuyoshi
Usagawa
1
Human Interface Cyber Communication Laboratory,
Kumamoto University
2/30
ICAST 2019
Outline
1 Introduction
2 Materials, Assembly, and Mining Steps
3 Financial and Technical Aspect
4 Conclusion and Future Work
3/30
ICAST 2019
Introduction
Introduction
4/30
ICAST 2019
Introduction
Bitcoin and Cryptocurrency
5/30
ICAST 2019
Introduction
What Common People Know
John McAfee Crazy Price prediction:
People are attracted to get rich quick scheme,
including me initially.
6/30
ICAST 2019
Introduction
What Common People Donā€™t Know
Account in institutions: not your power, can be frozen anytime.
Bitcoin, gold, cash: your power, your money, diļ¬ƒcult to conļ¬scate.
Attractive features: borderless, decentralized, private, uncensored.
7/30
ICAST 2019
Introduction
What Common People Donā€™t Know
Account in institutions: not your power, can be frozen anytime.
Bitcoin, gold, cash: your power, your money, diļ¬ƒcult to conļ¬scate.
Attractive features: borderless, decentralized, private, uncensored.
8/30
ICAST 2019
Introduction
Traditional Monetary System is Dangerous during Crisis
Hyper inļ¬‚ation in Venezuela, itā€™s diļ¬ƒcult to withdraw even $1.
How about Zimbabwe, Argentina, Lebanon, etc, and your country?
9/30
ICAST 2019
Introduction
Hard Asset and Cryptocurrency are Harder to Conļ¬scate
10/30
ICAST 2019
Introduction
What makes bitcoin strong and secure?
Proof of Work / Mining
Conļ¬rming transactions.
Maintain ledgers /
blockchain.
Issuing new coins.
How to attack bitcoin:
Outperform the workers.
Current network hash rate is
85 Million TH/s.
You need 129 billion i7
computers.
Workers = Miners because they are rewarded with bitcoin.
11/30
ICAST 2019
Introduction
Unfortunately, bitcoin mining today:
Very centralized: to destroy bitcoin, target these mining farms.
Very competitive: larger processing power larger portion of
mining reward that discourage small miners.
12/30
ICAST 2019
Introduction
Problem with Mining: Electricity and Other Expenses
Larger processing power, larger electricity cost, lower proļ¬t for
small miners.
Unproļ¬table example mining Litecoin on Single Board Computer.
Device Daily Income
Asus Tinker Board CPU $ -0.015322158
Asus Tinker Board GPU $ -0.018370232
Application Speciļ¬c Integrated Circuit USB $ -0.02596304
13/30
ICAST 2019
Introduction
As a cryptocurrency supporter
Objective
Encourage more miners.
Educate ordinary people to
mine.
Encourage the use of green
energy for mining.
Reason
The more the honest miner the more secure the network.
The more decentralized the miner the stronger the network.
14/30
ICAST 2019
Materials, Assembly, and Mining Steps
Do you need specialized hardware to mine?
15/30
ICAST 2019
Materials, Assembly, and Mining Steps
Ready softwares are available online.
Webchain Miner Application on Smartphone:
Do you prefer to gamble? Average ļ¬nding a bitcoin block on CPU
is 70 years, but who knows you maybe lucky!
16/30
ICAST 2019
Materials, Assembly, and Mining Steps
Codes are open source.
Bitcoin source code on Github:
Advance education
module can be:
Write or optimize
miner code.
Create application
on existing
blockchains.
Write or optimize
blockchain.
17/30
ICAST 2019
Materials, Assembly, and Mining Steps
Our Innovation
Materials, Assembly, and
Mining Steps
18/30
ICAST 2019
Materials, Assembly, and Mining Steps
Solar Panel Power Bank Powered Single Board Computer
19/30
ICAST 2019
Materials, Assembly, and Mining Steps
Materials
Materials Speciļ¬cation Price
Solar Panel 20W, 5V, 2A, 56cmĖ†2 āˆ¼$15
Power Bank 5V, 2A, 20000 mAh āˆ¼$20
Two Type C USB Cable āˆ¼$10
Internet Connection āˆ¼1mBps, 3GB/month āˆ¼$8.95
USB Computer Devices Asus Tinker Board (ATB) āˆ¼$50
ASIC USB (additional) Futurebit Moonlander 2 āˆ¼$60
Total: āˆ¼$163.95
Note: Watt (W), Volt (V), Ampere (A), centimeter (cm),
miliampere hour (mAh), megabyte per second (mBps), gigabyte
(GB), application-speciļ¬c integrated circuit (ASIC), universal serial
bus (USB).
20/30
ICAST 2019
Materials, Assembly, and Mining Steps
Steps
1 Setup the hardware as image on previous 2
slides.
2 Install the operating system.
3 Installing the miner and its dependencies.
4 Choose a coin to mine.
5 Joining a pool or setup solo mining.
6 Creating a cryptocurrency wallet.
7 Begin mining and measurement.
21/30
ICAST 2019
Financial and Technical Aspect
Financial and Technical Aspect
Will this work?
22/30
ICAST 2019
Financial and Technical Aspect
Simplicity:
Item quantity: 4 + additional 1, all
available online $100 - $170.
Item Size: portable and does not exceed a
single working table area.
Hardware Operation: plug-in and
plug-out.
Software Operation: requires literacy but
anyone can study.
23/30
ICAST 2019
Financial and Technical Aspect
Measurement Result
Solar Power Generated Daily
Average Input Daily Sunlight Electricity Daily
3.825 watt (W) 12 hour (h) 45.9 watt hour (Wh)
Asus Tinker Board (ATB) average resource consumption
Device CPU RAM Data Rate Power
ATB CPU 100% 205 MB 0.626 kBps 3.55 W
ATB GPU 25% 800 MB 0.53 kBps 4.29 W
ASIC USB 2% 200 MB 1.064 kBps 8.21 W
24/30
ICAST 2019
Financial and Technical Aspect
Financial Report
Financial Statement
Variable Category Value
Mining Income:
ATB CPU
Income
LTC 10-12 x 17 /s
ATB GPU LTC 10-11 x 2 / s
ASIC USB LTC 10-9 x 12 / s
Electricity
Cost
$ 0.18 / kwh
Internet $ 8.95 / month (3 GB)
Proļ¬tability with free Internet
Device
Daily Proļ¬t
Paid Electricity
Daily Mining
Time Solar
Daily Proļ¬t With
Solar Powerbank
ATB CPU $ -0.015322158 12 h 56 m $ 0.000007456
ATB GPU $ -0.018370232 10 h 42 m $ 0.000072479
ASIC USB $ -0.02596304 5 h 35 m $ 0.002218685
25/30
ICAST 2019
Financial and Technical Aspect
Variables that Aļ¬€ects Income
Variable Value
ATBCPU Hashrate 2.06 kH/s
ATBGPU Hashrate 24.2 kH/s
ASIC USB 3.3 MH/s
Network Hashrate 450 TH/s
Block Diļ¬ƒculty 15,608,688
Block Reward LTC 25
Coin Price $ 94.22 / LTC
26/30
ICAST 2019
Conclusion and Future Work
Conclusion and Future Work
27/30
ICAST 2019
Conclusion and Future Work
Conclusion and Future Work
Financially
Does not work! Currently takes 500 days to earn $1.
Technically
Aļ¬€ordable module suited for education, hobby, and evangelist.
Promotes green energy mining.
Future Work
Find more proļ¬table coins.
Explore other renewable energies.
Include investment strategies / ļ¬nding undervalued coins.
Include business strategies / expanding the mining farm.
28/30
ICAST 2019
Conclusion and Future Work
Thank You
29/30
ICAST 2019
Conclusion and Future Work
Crytocurrency Transaction
30/30
ICAST 2019
Conclusion and Future Work
This Work Targets on The Education Sector
Objective:
Promote the use of renewable energies such as hydro, solar,
and wind.
Educate about mining ļ¬nancially and technically.
Create an aļ¬€ordable and simple renewable energy mining
module for general public and schools.
Open possibility for free energy cost mining.
Beneļ¬t:
Introduces cryptocurrency to the common people.
More honest miners secures the network.
Further innovation is these technologies.

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Recruiting future backup cryptocurrency miners with solar power bank on single board computers

  • 1. 1/30 ICAST 2019 Recruiting Future Backup Cryptocurrency Miners with Solar Power Bank on Single Board Computers Fajar Purnama, Irwansyah, Muhammad Bagus Andra, Tsuyoshi Usagawa 1 Human Interface Cyber Communication Laboratory, Kumamoto University
  • 2. 2/30 ICAST 2019 Outline 1 Introduction 2 Materials, Assembly, and Mining Steps 3 Financial and Technical Aspect 4 Conclusion and Future Work
  • 5. 5/30 ICAST 2019 Introduction What Common People Know John McAfee Crazy Price prediction: People are attracted to get rich quick scheme, including me initially.
  • 6. 6/30 ICAST 2019 Introduction What Common People Donā€™t Know Account in institutions: not your power, can be frozen anytime. Bitcoin, gold, cash: your power, your money, diļ¬ƒcult to conļ¬scate. Attractive features: borderless, decentralized, private, uncensored.
  • 7. 7/30 ICAST 2019 Introduction What Common People Donā€™t Know Account in institutions: not your power, can be frozen anytime. Bitcoin, gold, cash: your power, your money, diļ¬ƒcult to conļ¬scate. Attractive features: borderless, decentralized, private, uncensored.
  • 8. 8/30 ICAST 2019 Introduction Traditional Monetary System is Dangerous during Crisis Hyper inļ¬‚ation in Venezuela, itā€™s diļ¬ƒcult to withdraw even $1. How about Zimbabwe, Argentina, Lebanon, etc, and your country?
  • 9. 9/30 ICAST 2019 Introduction Hard Asset and Cryptocurrency are Harder to Conļ¬scate
  • 10. 10/30 ICAST 2019 Introduction What makes bitcoin strong and secure? Proof of Work / Mining Conļ¬rming transactions. Maintain ledgers / blockchain. Issuing new coins. How to attack bitcoin: Outperform the workers. Current network hash rate is 85 Million TH/s. You need 129 billion i7 computers. Workers = Miners because they are rewarded with bitcoin.
  • 11. 11/30 ICAST 2019 Introduction Unfortunately, bitcoin mining today: Very centralized: to destroy bitcoin, target these mining farms. Very competitive: larger processing power larger portion of mining reward that discourage small miners.
  • 12. 12/30 ICAST 2019 Introduction Problem with Mining: Electricity and Other Expenses Larger processing power, larger electricity cost, lower proļ¬t for small miners. Unproļ¬table example mining Litecoin on Single Board Computer. Device Daily Income Asus Tinker Board CPU $ -0.015322158 Asus Tinker Board GPU $ -0.018370232 Application Speciļ¬c Integrated Circuit USB $ -0.02596304
  • 13. 13/30 ICAST 2019 Introduction As a cryptocurrency supporter Objective Encourage more miners. Educate ordinary people to mine. Encourage the use of green energy for mining. Reason The more the honest miner the more secure the network. The more decentralized the miner the stronger the network.
  • 14. 14/30 ICAST 2019 Materials, Assembly, and Mining Steps Do you need specialized hardware to mine?
  • 15. 15/30 ICAST 2019 Materials, Assembly, and Mining Steps Ready softwares are available online. Webchain Miner Application on Smartphone: Do you prefer to gamble? Average ļ¬nding a bitcoin block on CPU is 70 years, but who knows you maybe lucky!
  • 16. 16/30 ICAST 2019 Materials, Assembly, and Mining Steps Codes are open source. Bitcoin source code on Github: Advance education module can be: Write or optimize miner code. Create application on existing blockchains. Write or optimize blockchain.
  • 17. 17/30 ICAST 2019 Materials, Assembly, and Mining Steps Our Innovation Materials, Assembly, and Mining Steps
  • 18. 18/30 ICAST 2019 Materials, Assembly, and Mining Steps Solar Panel Power Bank Powered Single Board Computer
  • 19. 19/30 ICAST 2019 Materials, Assembly, and Mining Steps Materials Materials Speciļ¬cation Price Solar Panel 20W, 5V, 2A, 56cmĖ†2 āˆ¼$15 Power Bank 5V, 2A, 20000 mAh āˆ¼$20 Two Type C USB Cable āˆ¼$10 Internet Connection āˆ¼1mBps, 3GB/month āˆ¼$8.95 USB Computer Devices Asus Tinker Board (ATB) āˆ¼$50 ASIC USB (additional) Futurebit Moonlander 2 āˆ¼$60 Total: āˆ¼$163.95 Note: Watt (W), Volt (V), Ampere (A), centimeter (cm), miliampere hour (mAh), megabyte per second (mBps), gigabyte (GB), application-speciļ¬c integrated circuit (ASIC), universal serial bus (USB).
  • 20. 20/30 ICAST 2019 Materials, Assembly, and Mining Steps Steps 1 Setup the hardware as image on previous 2 slides. 2 Install the operating system. 3 Installing the miner and its dependencies. 4 Choose a coin to mine. 5 Joining a pool or setup solo mining. 6 Creating a cryptocurrency wallet. 7 Begin mining and measurement.
  • 21. 21/30 ICAST 2019 Financial and Technical Aspect Financial and Technical Aspect Will this work?
  • 22. 22/30 ICAST 2019 Financial and Technical Aspect Simplicity: Item quantity: 4 + additional 1, all available online $100 - $170. Item Size: portable and does not exceed a single working table area. Hardware Operation: plug-in and plug-out. Software Operation: requires literacy but anyone can study.
  • 23. 23/30 ICAST 2019 Financial and Technical Aspect Measurement Result Solar Power Generated Daily Average Input Daily Sunlight Electricity Daily 3.825 watt (W) 12 hour (h) 45.9 watt hour (Wh) Asus Tinker Board (ATB) average resource consumption Device CPU RAM Data Rate Power ATB CPU 100% 205 MB 0.626 kBps 3.55 W ATB GPU 25% 800 MB 0.53 kBps 4.29 W ASIC USB 2% 200 MB 1.064 kBps 8.21 W
  • 24. 24/30 ICAST 2019 Financial and Technical Aspect Financial Report Financial Statement Variable Category Value Mining Income: ATB CPU Income LTC 10-12 x 17 /s ATB GPU LTC 10-11 x 2 / s ASIC USB LTC 10-9 x 12 / s Electricity Cost $ 0.18 / kwh Internet $ 8.95 / month (3 GB) Proļ¬tability with free Internet Device Daily Proļ¬t Paid Electricity Daily Mining Time Solar Daily Proļ¬t With Solar Powerbank ATB CPU $ -0.015322158 12 h 56 m $ 0.000007456 ATB GPU $ -0.018370232 10 h 42 m $ 0.000072479 ASIC USB $ -0.02596304 5 h 35 m $ 0.002218685
  • 25. 25/30 ICAST 2019 Financial and Technical Aspect Variables that Aļ¬€ects Income Variable Value ATBCPU Hashrate 2.06 kH/s ATBGPU Hashrate 24.2 kH/s ASIC USB 3.3 MH/s Network Hashrate 450 TH/s Block Diļ¬ƒculty 15,608,688 Block Reward LTC 25 Coin Price $ 94.22 / LTC
  • 26. 26/30 ICAST 2019 Conclusion and Future Work Conclusion and Future Work
  • 27. 27/30 ICAST 2019 Conclusion and Future Work Conclusion and Future Work Financially Does not work! Currently takes 500 days to earn $1. Technically Aļ¬€ordable module suited for education, hobby, and evangelist. Promotes green energy mining. Future Work Find more proļ¬table coins. Explore other renewable energies. Include investment strategies / ļ¬nding undervalued coins. Include business strategies / expanding the mining farm.
  • 28. 28/30 ICAST 2019 Conclusion and Future Work Thank You
  • 29. 29/30 ICAST 2019 Conclusion and Future Work Crytocurrency Transaction
  • 30. 30/30 ICAST 2019 Conclusion and Future Work This Work Targets on The Education Sector Objective: Promote the use of renewable energies such as hydro, solar, and wind. Educate about mining ļ¬nancially and technically. Create an aļ¬€ordable and simple renewable energy mining module for general public and schools. Open possibility for free energy cost mining. Beneļ¬t: Introduces cryptocurrency to the common people. More honest miners secures the network. Further innovation is these technologies.