Blockchain Goes Green? An Analysis of Blockchain on Low-Power Nodes

Abstract: Motivated by the massive energy usage of blockchain, on the one hand, and by significant performance improvements in low-power, wimpy systems, on the other hand, we perform an in-depth time-energy analysis of blockchain systems on low-power nodes in comparison to high-performance nodes. We use three low-power systems to represent a wide range of the performance-power spectrum, while covering both x86/64 and ARM architectures. We show that low-end wimpy nodes are struggling to run full-fledged blockchains mainly due to their small and low-bandwidth memory. On the other hand, wimpy systems with balanced performance-to-power ratio achieve reasonable performance while saving significant amounts of energy. For example, Jetson TX2 nodes achieve around 80% and 30% of the throughput of Parity and Hyperledger, respectively, while using 18x and 23x less energy compared to traditional brawny servers with Intel Xeon CPU.