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What is the use of the L3 miner (L2 miner)

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The L3 miner is used for what? According to official news, what is the use of th

What is the use of the L3 miner (L2 miner)

The L3 miner is used for what? According to official news, what is the use of the Antminer L3 miner? Mining machines are divided into two types: Bitcoin and Ethereum; based on computing power, it is used for cryptocurrency mining.

L2 is specialized mining hardware based on Ethereum technology. Its power consumption is so low that it can be ignored (such as electricity fees). Due to the use of the latest CPU design algorithm and to improve computational power, ASIC graphics cards are more suitable for mining, hence they are called L3.

Mining machines based on Bitcoin and Ethereum are high-tech enterprises. Their applications in Bitcoin mainly involve hedging the risks caused by digital asset price fluctuations. Therefore, compared to Bitcoin, the price of Ethereum is relatively stable, and its profits are also higher (generally speaking), much better than Bitcoin. (Note: According to the current market analysis, mainstream virtual tokens like Bitcoin have started to decline)

So the L3 mining machine has two main uses:

The first type is used as a form of mining digital tokens, similar to Bitcoin mining.

The second type is to provide block rewards as an incentive for miners to participate in the consensus mechanism voting. If a user believes that they have a sufficient amount of coins, they can delegate their coins to others for mining and obtain a certain share of the coin value.

The third type is to use L3+ technology to distribute the mined coins to users in a certain proportion through smart contracts.

L2 Miner

The Bitcoin L2 miner series was introduced in 2017 and is mainly divided into two types: L1 and second-layer solutions. The income from L1 mining corresponds to it (such as BTC/ETH), while the second-layer solution requires longer latency. Therefore, most of the L2 products circulating in the market belong to low power consumption and high efficiency product types. The profit maximization of the second-generation products is achieved by reducing power consumption. In comparison, the former allows more people to participate in the growth of computing power to gain income but also brings higher energy waste costs.

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