Crafting performance-based cryptocurrency mining strategies using a hybrid analytics approach
Yükleniyor...
Tarih
2021
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Crafting and executing the best cryptocurrency mining strategy is vital to succeeding in cryptocurrency market investments. This study aims to identify the best cryptocurrency mining strategy based on service providers’ performance for cryptocurrency mining using a hybrid analytics approach, which integrates the Analytic Hierarchy Process (AHP) and Fuzzy-TOPSIS techniques, along with sensitivity analysis. The results show that hosted mining is the overall best cryptocurrency mining strategy, followed by home mining and cloud mining, based on both total cost of operations and cryptocurrency payout criteria. The empirical findings also suggest that the critical features of the highest performing service providers (i.e., hosted mining strategies and cloud mining) were their flexibility of contracts and the superior efficiency in terms of the daily payout. Finally, of the three location alternatives for home mining, Turkey ranks first compared to the U.S. and Europe.
Açıklama
Anahtar Kelimeler
AHP, Bitcoin, Cloud Mining, Cryptocurrency Mining, Fuzzy-TOPSIS, Hosted Mining
Kaynak
Decision Support Systems
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
142
Sayı
Künye
Hacıoğlu, Ü., Chlyeh, D., Yılmaz, M. K., Tatoğlu, E. ve Delen, D. (2021). Crafting performance-based cryptocurrency mining strategies using a hybrid analytics approach. Decision Support Systems, 142.
