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Why can’t ETH mining use FPGA (GPU mining not possible for ETH)

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ETH mining why can\’t use FPGA The original title: \”Why can\’t ETH mining use FPGA

Why cant ETH mining use FPGA (GPU mining not possible for ETH)

ETH mining why can’t use FPGA The original title: “Why can’t ETH mining use FPGA”, author: Alex, authorized repost by Planet Daily.

Ethereum blockchain is a decentralized network that consumes a lot of computational power and resources during operation, making it a sought-after network infrastructure for many people. Therefore, although most nodes currently use the Proof-of-Work (PoW) consensus mechanism, due to limitations and performance restrictions of this algorithm, many validators in the Ethereum network cannot function properly and effective transactions become difficult.

So, why use “sharding” (asymmetric encryption technology)? In order to solve this problem, we recommend users to use asymmetric encryption methods or zero-knowledge proof-based methods to handle the data storage process and confirm that randomness is correctly selected.

For those who have not chosen to use this solution, it is a significant challenge. For example, you can submit your block information to any other address using P2SH signatures. If an account wants to receive a transaction through the two methods mentioned above, they must first send a payment to the system and then receive a payment from another account; otherwise, funds will be lost. These funds are self-held because their assets are secure.

So when someone asks you for your password, your digital currency can be stolen. This is because they do not expose the user’s identity and can cause significant losses to attackers. But in reality, this solution can indeed protect our privacy and anonymity.

Here are some examples:

1. Fei Protocol is a programmable token standard protocol designed to create completely different chains, where each project can develop its own product according to its specific needs.2. The Ripple-XRP partnership is part of open-source technology that allows people to establish a new community and enable more people to join this ecosystem.3. The Bitcoin Core team has begun studying the collaboration between Ripple and its partners and how to leverage their technology to support more types of products.4. Ethereum Foundation recently launched a draft proposal called Ethereum Improvement Proposal (ERD).5. ConsenSys is working to make the Ethereum virtual machine a universal computer that can widely deploy smart contracts globally.

GPU mining not possible for ETH

According to reports, it is reported by ethnews that due to mining restrictions in the Ethereum network and errors in some test networks, it is not possible to mine ETH using GPUs. Therefore, when ETH2.0 is released, it will require the installation of dedicated hardware acceleration program (AMDCoreBoost), which will support the operation of Ethereum client wallets, as well as other tools, plugins, and interfaces to launch its blockchain.

According to the official documentation, “If you do not upgrade your epoch or increase additional eth hash values”, you can use ordinary NVIDIA GPUs for ETH mining, but there may be issues.

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