What machine is used to mine Bit Diamond (BCD)

08/18/2023 07:55 • Digital Disruptors • 70 views

What machine is used to mine Bit Diamond (BCD)?

In October 2018, “AntPool,” launched by Shenzhen Qianhai Shekou Energy Technology Co., Ltd., went live. After testing on Bitcoin block height 128,000, it was found that there are already many mainstream mining machines on the market, such as Antminer S19 and Whatsminer M30s. Among them, Antminer S19 and Whatsminer M20 are currently at the highest price levels. At the same time, as the market heats up, some new machines have also been introduced recently.

According to publicly available information, Bit Diamond made its first appearance on the exchange at the end of 2017 and became one of the first batch of cryptocurrency companies to be included in the regulatory list. BitMax, the first listed trading platform for Bit Diamond, announced its cooperation and strategic investment with Bitmain in early 2017. In the middle of 2018, Bit Diamond opened its sales business to the public again. At the end of the first quarter of 2020, the company announced that it would sell its native token BTM (Bytom) at a rate of 0.03 USD per T computing power. It is revealed that this pre-sale has attracted more than 100 million USD in investment funds.

Bit Stone

Bit Stone is the world’s first encrypted digital asset trading platform based on the T+ technology concept, jointly launched by BTC.com and AntPool. It has already cooperated with many top blockchain companies, such as OKEx and Huobi. Bit Stone will adopt the “one thing, three uses” as the core design of the underlying framework, and combine the latest technological features to create a completely new product experience.

On June 10, 2018, the Bit Stone team completed the design work of the first new on-chain data structure model based on DAG technology. After splitting and processing the information of each node in the Bitcoin network, the first block was generated. This block can be called “Bit Cash,” a non-fungible token, achieving up to 3 confirmed transactions per second. (Official website introduction)

In addition, Bit Stone has also introduced a new algorithm mechanism, making it more secure and reliable. At the same time, it has improved stability by leveraging the advantages of hard disk mining. According to the data released, except for the previous block, these blocks will allocate rewards of different levels based on different computing power levels, and the corresponding income will be directly reflected in the Bit Cash held by the miners.

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What machine is used to mine Bit Diamond (BCD)

Bit Stone

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