What Coins Does the M3 Mine (M32 Miner)?
What coins does the M3 mine? In the introduction of the M3, there are two most c
What coins does the M3 mine? In the introduction of the M3, there are two most commonly used types of mining pools:
1. Bitcoin mining pool: Calculated based on the current price, it can bring about $20,000 in revenue for Bitcoin;
2. Ethereum mining pool: A Bitcoin mining pool built on Ethereum. The Ethereum mining pool uses a constant product algorithm (such as Hegic), which consumes about 1 GWei of electricity when the transaction fee is below 50 GWei. This means that the cost of purchasing Bitcoin on Ethereum is higher than BTC, while using Bitcoin for payment is relatively lower and unstable;
3. Litecoin mining: Obtaining Litecoin rewards by using Litecoin, but since Litecoin has not been fully mined yet, the value transferred to Litecoin is also relatively significant. If the price of Ethereum is pushed up to $5,000, Litecoin will fall below $4,000.
M32 Miner
According to bitcoinist.com, the M32 miner was launched by Bitmain in January 2018. The company stated in a blog post that its M2 version can provide higher efficiency and lower-cost mining hardware. This chip adopts the latest MicroBT technology and utilizes the latest GPU integrated circuit (CMP) from Intel, making it more competitive than traditional ASIC miners. Currently, the price of Bitcoin is around $52,000. However, since late November last year, the price of the M3 has risen to over 20,000 Chinese yuan.
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