What coins does the g2 miner mine (g-series mining)?
The g2 miner mines what coins? The g2 miner has high computing power but low eff
The g2 miner mines what coins? The g2 miner has high computing power but low efficiency. By understanding the G2/ETH mining algorithm, we can understand that there is a significant difference between the price of g2/ETH and the market value of Bitcoin, with the main reasons being:(1) The Bitcoin network consumes approximately 0.015 Bitcoins per kilowatt-hour;(2) Due to the proof-of-work (POW) consensus mechanism, the price of Bitcoin fluctuates over time. Therefore, it is widely believed that the Bitcoin price will be maintained at over $100,000 in the market, indicating that miners have started to purchase Bitcoin in large quantities;(3) The network difficulty and block rewards of Bitcoin are constantly decreasing, so many investors choose to wait.
G-series Mining
According to reports and official news, the g-series mining has currently been launched on the testnet. It is said that g-series mining will be launched in batches after May 1, 2020. According to the official Grin website, as of the end of June, there were about 200 clients participating in the project’s validation work.
As of the time of writing, over 600,000 Antminer S17Pro and over 3 million Whatsminer M30s mining nodes have been successfully deployed on the Bitcoin network. Furthermore, according to the previously announced computing power rankings, Antminer L3+ and L3++ versions have also been upgraded and improved.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/23068/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Ethereum Foundation funds ETH Beijing Hacksong for public goods, L2 applications and open research
On March 7, the blockchain association of Peking University tweeted that ETH Beijing Hacksong had received funding from the Ethereum Foundation. The Hacksong m…
-
How Coinbase’s Vision Can Accelerate UK’s Cryptocurrency Industry
On April 18th, Coinbase emphasized in a blog article on April 16th that the UK can \”accelerate\” its cryptocurrency industry and become the \”innovation center of the Web3 economy\”.
-
Helio Raises $3.3 Million in Seed Round to Revolutionize Web3 Payment Solutions
According to reports, Helio, a Web3 payment financial technology company headquartered in London, announced the completion of a seed round financing of $3.3 million, led by Peak an
-
What is the currency BAND (currency BSV)?
What is the currency BAND According to official sources, there are two main cur
-
The A-Share Market Opening and the Performance of Blockchain and Digital Currency Sectors
According to news, the A-share market opened with the Shanghai Composite Index at 3379.23 points, a decrease of 0.19%, the Shenzhen Composite Index at 11834.77 points, a decrease o
-
BTC fell below $27700
According to reports, the market shows that BTC has fallen below $27700 and is currently trading at $27697.3, with a intraday decline of 2.54%. The market is volatile, so please ta
-
What does “挖头矿” mean (mining boss)
What does \”挖头矿\” mean? The significance of \”挖头矿\” is to transfer coins from one a
-
Suzhou releases 30 demand scenarios in 7 major fields of the metaverse, soliciting solutions from society
According to reports, the Suzhou Municipal Bureau of Industry and Information Technology recently released 30 major application scenario requirements for the 2023 Suzhou Metaverse,
-
Breaking News: Coinme and Related Defendants Fined by SEC Over Alleged Misleading Token Issuance
According to reports, the US Securities and Exchange Commission has imposed a fine of nearly $4 million on Coinme and related defendants based in Seattle. The SEC stated that Coinm
-
OKX Web3 Wallet and X2Y2 Enter Official Partnership for Seamless NFT Trading
On April 9th, it was reported that OKX Web3 Wallet has reached an official partnership with the NFT trading market X2Y2. Users can connect to OKX Web3 Wallet to trade NFT assets on
-
When did the Graph project start? (graphitabs)
The Graph project started to enable people to conduct transactions more convenie
-
Approval of “Enabling SUDO Transfer Function” to Boost NFT Transaction Agreement Sudoswap
On February 19, according to Tally, the proposal of \”enabling SUDO transfer function\” for the community proposal of the NFT transaction agreement sudoswap was …
-
Tether collaborates with Binance to exchange Tron for Ethereum ERC20
It is reported that Tether, the issuer of stable currency, said that in a few minutes, Tether would coordinate with Binance to exchange the chain from Tron to …
-
Ouyi OKX Onboards ClearLoop: Enhancing Institutional Clients’ Trading Experience
According to reports, according to a statement on Monday, Ouyi OKX joined Copper\’s ClearLoop platform, allowing institutional clients of both companies to store assets in the custo
-
The Rise of the King: Why Bitcoin is Superior to Other Cryptocurrencies
According to reports, legendary trader Peter Brandt stated that I believe Bitcoin is superior to other cryptocurrencies and will bury all impostors. In the end, there will only be
-
Binance’s BNB Goes Green: A New Scenario in Data Storage
On February 14, CZ said in a speech on Binance\’s official Twitter Space that most people underestimated the potential of BNB Greenfield. Greenfield will open u…