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What kernel is used for ETH mining (minimum configuration for ETH mining)

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ETH What kernel to use for mining

ETH What kernel to use for mining In ETH’s official forum, what kernel to use for ETH mining? According to the description of eth.money, eth is a virtual machine (EVM) used to support the Ethereum blockchain network. Its characteristics include: 1. No need for trust; 2. No need to run nodes; 3. Use hardware devices to protect transaction records, keys, etc. These features are implemented by modifying specific hash values, thereby avoiding loss and attack caused by errors. And ETH adopts a new consensus algorithm that allows users to control their own private keys

ETH Mining Minimum Configuration

Editor’s Note: This article is from Caiyun Blockchain (ID: cybtc_com) and is authorized to be reprinted by Daily Planet Daily

Ethereum developers are studying how to deploy smart contracts in ETH2.0 and provide users with secure decentralized mining services. Eth is a new digital currency network based on Proof of work mechanism and time stamp, which can store more than 1 billion bytes of data blocks (TPS). If this calculation is accurate, tested, and runs well, then the deflationary characteristics of Ethereum are guaranteed

According to the current official data of Ethereum, its total accounting power has reached 21.9THash/s, an increase of nearly four times over the previous day. Therefore, the platform is currently expected to launch a new EIP-1559 proposal in May 2020- a new PoS consensus algorithm and application specification for executing arbitrary operating code. These changes will help ensure a healthier and faster development of the Ethereum ecosystem, and improve its scalability through wider network usage. In addition, as the new round of adoption rate continues to increase, the number of verification nodes on the Ethereum network is also increasing, which enables users participating in the Ethereum network to better obtain incentives and rewards

Although Ethereum mining should be configured with the minimum configuration, this configuration is not high enough for ordinary people. In order to allow more people to pledge or participate in mining on the ETH network, it is recommended to choose at least three configurations:

1. The cheapest configuration is 1Gwei, which is 10 million ETHs 2. The minimum configuration is 3Gwei (20 million ETHs) 3. The latest allocation is $1.5w, which is $40 million in funds 4. The maximum allocation is $5 million in funds, or an additional investment of $3000.

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