Martial Arts of Cryptocurrencies

in #bitcoin7 years ago

The Chinese company Bitmain began selling Antminer X3 equipment for the production of Monero and other coins. Engineers developed an anonymous algorithm called Cryptonight. The new equipment costs $12,000 dollars. Its characteristics are a power of 550 watts and a hash rate of 220 kH/s. Antminer X3 can mine a cryptocurrency in the amount of $170 per day. The code of the platform has made changes that will not affect ordinary users but will limit the capabilities of industrial miners. Bitmain at once warns – buyers themselves are responsible for all risks. The equipment cannot be returned. To counter ASIC-miners, the creators of Monero are ready to change the algorithm with every planned fork every six months.

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