TY - JOUR
T1 - A cost-efficient-based cooperative allocation of mining devices and renewable resources enhancing blockchain architecture
AU - Mohamed, Mohamed A.
AU - Mirjalili, Seyedali
AU - Dampage, Udaya
AU - Salmen, Saleh H.
AU - Obaid, Sami Al
AU - Annuk, Andres
N1 - Funding Information:
Acknowledgments: This project was supported by Researchers Supporting Project number (RSP-2021/385), King Saud University, Riyadh, Saudi Arabia. Furthermore, the authors would like to thank the Estonian Centre of Excellence in Zero Energy and Resource Efficient Smart Buildings
Funding Information:
and Districts, ZEBE, grant TK146, funded by the European Regional Development Fund to support this research.
Publisher Copyright:
© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https:// creativecommons.org/licenses/by/ 4.0/).
PY - 2021/9/1
Y1 - 2021/9/1
N2 - The impressive furtherance of communication technologies has exhorted industrial companies to link-up these developments with their own abilities with the target of efficiency enhancement through smart supervision and control. With this in mind, the blockchain platform is a prospective solution for merging communication technologies and industrial infrastructures, but there are several challenges. Such obstacles should be addressed to effectively adopt this technology. One of the most recent challenges relative to adopting blockchain technology is the energy consumption of miners. Thus, providing an accurate approach that addresses the underlying cause of the problem will carry weight in the future. This work addresses managing the energy consumption of miners by using the advantage of distributed generation resources (DGRs). Along the same vein, it appears that achieving the optimal solution requires executing the modified reconfirmation of DGRs and miners (indeed, mining pool systems) in the smart grid. In order to perform this task, this article utilizes the Intelligent Priority Selection (IPS) method since this method is up to snuff for corporative allocation. In order to find practical solutions for this problem, the uncertainty is also modeled as a credible index highly correlated with the load and generation. All in all, it can be said that the outcome of this research study can help researchers in the field of enhancement of social welfare by using the proposed technology.
AB - The impressive furtherance of communication technologies has exhorted industrial companies to link-up these developments with their own abilities with the target of efficiency enhancement through smart supervision and control. With this in mind, the blockchain platform is a prospective solution for merging communication technologies and industrial infrastructures, but there are several challenges. Such obstacles should be addressed to effectively adopt this technology. One of the most recent challenges relative to adopting blockchain technology is the energy consumption of miners. Thus, providing an accurate approach that addresses the underlying cause of the problem will carry weight in the future. This work addresses managing the energy consumption of miners by using the advantage of distributed generation resources (DGRs). Along the same vein, it appears that achieving the optimal solution requires executing the modified reconfirmation of DGRs and miners (indeed, mining pool systems) in the smart grid. In order to perform this task, this article utilizes the Intelligent Priority Selection (IPS) method since this method is up to snuff for corporative allocation. In order to find practical solutions for this problem, the uncertainty is also modeled as a credible index highly correlated with the load and generation. All in all, it can be said that the outcome of this research study can help researchers in the field of enhancement of social welfare by using the proposed technology.
KW - Blockchain technology
KW - Distributed generation resources
KW - Modified reconfiguration of miners
KW - Smart grid
KW - Unscented transform
UR - http://www.scopus.com/inward/record.url?scp=85115635278&partnerID=8YFLogxK
UR - https://doi.org/10.25905/21728699.v1
U2 - 10.3390/su131810382
DO - 10.3390/su131810382
M3 - Article
AN - SCOPUS:85115635278
SN - 2071-1050
VL - 13
JO - Sustainability (Switzerland)
JF - Sustainability (Switzerland)
IS - 18
M1 - 10382
ER -