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What algorithm is used in the L3 miner? (Miner Algorithm)

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What algorithm is used in the L3 miner? According to official sources, what algo

What algorithm is used in the L3 miner? (Miner Algorithm)

What algorithm is used in the L3 miner? According to official sources, what algorithm is used in the L3 miner for Bitcoin? The mining master (L3) was released on January 8, 2018. Its main difference lies in the use of a new chip design structure, which improves efficiency by using mainstream ASIC products such as Bitmain’s Antminer M30S+ under conditions of low computing power and high cost, and reduces electricity and power consumption costs.

It is reported that L3+ is a new computing mode that optimizes the number of graphics cards to achieve higher hash rates and stronger collision resistance.

Miner Algorithm

According to cointelegraph report, miners can use different algorithms to optimize the efficiency of ASIC mining. For example, the latest generation M20S+ Pro series ASIC Bitcoin mining machine from Bitmain uses the DAG file format (HDG), which divides the graphics cards into multiple versions. This different proportion of data structure allows for faster and more secure calculations, while the Ethash algorithm used in Ethereum Classic can increase computing power by more than 100 times. Therefore, this type of chip has the following characteristics:

1. Proof of work mechanism

2. Global dynamic random number generation algorithm

3. Anti-witch attack algorithm

4. Scalability

5. High degree of decentralization

6. Security

7. Energy consumption and cost control model

8. Advanced hardware performance

9. Advantages of low-frequency ASIC miners

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