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What does Antminer A3 mine (Antminer mines LTC)

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According to the official website of Bitmain on July 8th, what does Antminer A3

What does Antminer A3 mine (Antminer mines LTC)

According to the official website of Bitmain on July 8th, what does Antminer A3 mine? When the price of Bitcoin is $22,000, Antminer A3 can achieve a hashrate of 150TH/s. According to Bitmain’s official introduction, the power consumption of A3 is about 1 kilowatt (100 yuan per kilowatt-hour), and it can effectively reduce power consumption and maintenance costs.

The biggest feature of Antminer is that it adopts the latest technology and achieves high performance through advanced chip design, machine heat dissipation, and fan control. However, due to certain defects in the Proof-of-Work (POW) mechanism in the Bitcoin network, it cannot fully play its role as a “digital gold”.

Antminer mines LTC

According to the official information from Antminer, the hashrate of mining Litecoin (LTC) accounts for approximately 0.4% of the total network hashrate.

Currently, Antminer ranks 7th in terms of hashrate, with a total hashrate exceeding 2000TH/s. It is worth mentioning that LTC provides a decentralized and permissionless network architecture for the LTC network; through this platform, users can create DeFi applications based on the Ethereum blockchain; it supports various cryptocurrencies such as Bitcoin for transactions; and it also offers ETH-compatible wallets, lending protocols, or decentralized exchanges.

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