Vienna — A mathematical discovery by computer programmers, who used a 350-year-old equation to find a record-breaking prime number, may also offer answers to bitcoin’s out-sized demand for electricity. The Great Internet Mersenne Prime Search found and confirmed the biggest known prime number, a figure 23-million digits long discovered with the maths of 16th-century French monk Marin Mersenne, according to a statement earlier in January. That effort, along with other collaborative computing networks, are advancing the science of cryptography, which is essential to creating and tracking bitcoins. "These ideas could be seen as intellectually connected," said Seth Schoen, a senior technologist at San Francisco’s Electronic Frontier Foundation, which is offering a $150,000 bounty to the first person or group to discover the first 100-million-digit prime number. "Cryptocurrency mining could be seen as an indirect descendant of distributed computing projects." The process of searching for...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.