Department - Author 1

Electrical Engineering Department

Degree Name - Author 1

BS in Electrical Engineering



Primary Advisor

John Oliver


This project attempts to implement an open source FPGA based Bitcoin miner on an Altera DE2-115 development board. Bitcoin is an experimental peer-to-peer digital currency based on public key cryptography. The advantages of Bitcoins are that they can be transferred between any two people anywhere in the world, and they do not have the same fees and lack of control associated with traditional methods of currency transfers. The first part of this project focuses on detailing how the Bitcoin network and open source miner work. The second part of the project attempts to improve the performance of the open source miner, but a lack of resources on the Cyclone IV EP4CE115F29C7 ultimately prevented implementing a dual pipelined design.