• Milind Tote
• Ankit Kumar
• Mayank Mahankal
• Siddhesh Khadse
• Vrushabh Uprikar

In this paper, we are focusing on Bitcoin and its parallel mining. Cryptocurrency mining has become a challenge for a new miner to get Bitcoin in form of reward by mining them. We use game theory to generate nonce value in efficient and faster way using multiple threads with the help of parallel mining. We showed difference between sequential mining and parallel mining. How parallel mining helps to increase the hash rate to mines new and valid blocks for the Bitcoin. We further improve this using parallel processing for mining the Bitcoin using multi-threading combined with game theory to improve the efficiency of mining.

Proof of work, cryptocurrency, Blockchain, Bitcoin, Game Theory, parallel processing, serial processing.

"PARALLEL MINING IN BLOCKCHAIN FOR BITCOIN USING GAME THEORY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.621-625, May-2019, Available :http://www.jetir.org/papers/JETIRBV06134.pdf

"PARALLEL MINING IN BLOCKCHAIN FOR BITCOIN USING GAME THEORY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp621-625, May-2019, Available at : http://www.jetir.org/papers/JETIRBV06134.pdf