Presenter(s)
Rustam Kuzhin, Rishabh Sanjaykumar Shukla
Files
Download Project (696 KB)
Description
Model for assessing of the viability of using biodiesel generator to produce electricity for mobile cryptocurrency mining containers and to provide electricity for a local community needs in Liberia. Proposed modular and cost effective design for biodiesel generated Electricity and Cryptocurrency Mining. The model considers the features of mining hardware, the price of virtual currency, Operation maintenance cost and fuel cost to produce 1 kWh using biodiesel generator, heat loss of container, cooling system for mining hardware, to predict the payback period of the investment. This work will help the local communities around the world to access the energy and cryptocurrency. Also it will help to improve the sustainability of cryptocurrency mining businesses by reducing their dependence on exhaustible energy resources and their impact on the environment.
Publication Date
4-20-2022
Project Designation
Course Project
Primary Advisor
Kevin P. Hallinan
Primary Advisor's Department
Mechanical and Aerospace Engineering
Keywords
Stander Symposium project, School of Engineering
Recommended Citation
"Excess energy and cryptocurrency for a local community in Liberia" (2022). Stander Symposium Projects. 2762.
https://ecommons.udayton.edu/stander_posters/2762
Comments
Presentation: 9:00 a.m.-10:15 a.m., Kennedy Union Ballroom
This project reflects research conducted as part of a course project designed to give students experience in the research process.
Course: RCL 595