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What configuration is used for xmr mining (mining software xmrig configuration algorithm)

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What configuration is used for xmr mining (mining software xmrig configuration algorithm)

What configuration is used for xmr mining? What configuration is used for xmr mining Xmr is a branch of blockchain networks that uses a PoW+POS hybrid consensus mechanism to ensure that block rewards are not manipulated by the entire network’s computing power. Due to the high computational resources and storage space required for transaction verification on Bitcoin (approximately 4GB), the system can support processing power of thousands of transactions per second (approximately 20tps). Therefore, for blockchain projects that hope to achieve complete decentralization through PoS, using PoW+POS will have more advantages than traditional POB mining According to the official introduction, xmr mining is divided into three main components: XMR-ASIC, RTX3080, and some other specialized integrated circuits (GPU/CPU). Among them, RTX3070 has a chip specifically used for xmr mining and has graphics card function. (The above content does not constitute investment advice)

In addition, xmr mining also includes the following types of hardware:

1. Computer: desktop (laptop), mobile phone or personal computer (professional version); 2. Server: Notebook, mobile operating system; 3. Smart Contract Software Kit (SDK), etc

Mining software xmrig configuration algorithm

According to BitMEX Research, Bitcoin mining software xmrig has configured a new mathematical model for its algorithm. In XMRig, the mining process is described as a “complex random function”, which means that when the price of Cryptocurrency is higher than the average cost, the mining difficulty will increase. If this issue is resolved, it will help determine when to proceed with mining. Due to the fact that most machines use the SHA256 (hash rate divided by computing power) mining method to validate new blocks. Therefore, it requires an algorithm to ensure that each block can achieve the same result.

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