Who knew ten years ago that it would take a moderate computer to contribute to scientific research and various other pursuits of answers, AND bring in a profit for the owner of that computer? Not I for certain, but then again, a lot has evolved since the days of Satoshi Nakamoto, whoever they may be, developing the prevalent structure for blockchain technology and cryptocurrency generation.
A look at the cryptocurrency industry as it stands today reveals volatile market movements of the worth of the various types such as Bitcoin, LiteCoin, Ether, and Ripple. This occurred in short and sharp bursts due to the age-old human vice – greed. By estimating the future of cryptocurrency over and above realistic expectations, there was a flurry of investment that prevented the high payouts of the initial days. Hence, the cost and processing power required to participate in cryptocurrency mining went up.
GPUs – Your Way To Crypto Currency Riches
The solution was obvious – more processing speed had to be deployed, which meant the usual tasks of graphics processing units, or GPUs were replaced by hashing algorithms like the most common SHA 256 version on which Bitcoin is based. These processors run many hundred times the speed of normal computer processors, and hence they can submit more Proof of Work (PoW) that is required to claim the share of valuable cryptocurrency generated upon successful achievement of the calculative goals.
In addition to performing more floating point operations per second (known as flops), GPUs score over normal CPUs by being more efficient in terms of power consumption and relative heat dissipation. This is critical factors that cannot be overlooked, which is why HashGains employs the highest standards of quality control to its GPU systems. Come and take a deeper look at the possibilities of GPU mining with HashGains!
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