The Intelligent Bitcoin Miner, Part II

At a Glance

This app simulates the behavior and profitability of Bitcoin miners for The Intelligent Bitcoin Miner Part II.

The code is divided into four main files:

config.py, which sets user-adjustable parameters;
constants.py, which sets hard-coded parameters;
CMDataLoader.py, which fetches historical data from the Coin Metrics API;
agents.py, which specifies agent behavior;
generators.py, which generates agents according to specified distributions;
Simulator.py, which specifies the behavior for a simulation run over one or several trials;
and main.py, which runs simulations and outputs summary plots in /plots/.

For more information on the model parameters, please see the attached article or dive into the code!

We use historical price and hashrate data from Coin Metrics and rig price data from Hashrate Index and General Mining Research to seed our model.

This project requires python3 and virtualenv.

On debian 12, install following packages.

sudo apt install python3 virtualenv python-is-python3

Python version should be 3:

python --version

Clone the repository to your computer, and cd into the cloned directory. Start a new virtual environment and install the requirements:

python -m venv .venv
source ./.venv/bin/activate
./.venv/bin/pip install -r requirements.txt

./.venv/bin/python main.py

Happy hashing!