Inspiration

Help crypto investors understand the true environmental cost of their alternative asset trading.

What it does

Online tool that calculates the amount of energy consumed mining transactions to a bitcoin wallet.

How we built it

Hosted on Google Cloud Run and accessible from the https://cryptoimpact.tech link.

Full stack web app written in Typescript. React UI and NodeJS backend. Frontend is compiled to static files, and the express web server runs on the serverless Google Cloud Run, which helps keep costs down. The web server is built using Docker.

Challenges we ran into

Rate limited on Blockchain.com API. Had to change API provider half way through project

Accomplishments that we're proud of

Successfully tracing the energy consumption for any arbitrary wallet. Being able to pivot to a new API.

What we learned

The true cost of transferring bitcoin.

What's next for Crypto Impact

Add support for viewing multiple wallets at the same time, because many crypto investors keep more than one wallet.

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