Stanford’s “next generation” of mining: an energy-efficient model

A team of researchers at Stanford (USA) unveiled a breakthrough mining concept aiming to reduce energy consumption by up to 35% compared to conventional ASIC setups. According to the group, this “next-generation” hardware relies on an innovative cooling framework and optimized computational processes. During trials, the team tested 40 prototypes, demonstrating an 18% boost in performance.

The project’s primary goal is to cut the crypto industry’s carbon footprint, which has surged in recent years due to rising network complexity. Data from Stanford’s research center shows that global energy usage for bitcoin mining now exceeds 150 TWh per year. Developing a more “green” approach could help miners lower costs and meet environmental standards.

Researchers say that the commercial launch of these devices could occur within the next 12-18 months, pending successful certification. Their roadmap includes building fully-fledged mining farms based on the new architecture and partnering with clean-energy suppliers. Several major funds have already expressed interest in financing further proof-of-concept efforts.