What Coins are Mined by Cryptomining?
What coins are mined by cryptomining? Today, let\’s talk about several mining ma
What coins are mined by cryptomining? Today, let’s talk about several mining machines that are used for cryptomining.
The earliest issuance mechanism of Bitcoin is the Proof of Work (POW) consensus algorithm, but later it encountered problems due to the discovery of flaws in ASIC chips. This has led to Bitcoin network’s inability to meet transaction demands and limited block capacity over a certain period of time.
Currently, the most popular blockchain applications of various cryptocurrencies such as BTC, LTC, BCH, etc. are in the market: Ethereum, Litecoin, Monero, etc.
Currently, most mainstream crypto assets on the market adopt the PoW mechanism, optimizing the computing power of the Bitcoin network to achieve a decentralized digital economy.
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