New Aleo Crypto Coin Could Give GPU Miners A Second Probability

There’s a likelihood that cryptocurrency miners might have discovered a brand new kind of coin to mine with their instantly ineffective GPUs — and it is even spurring GPU purchases and a brand new line of motherboards based mostly on an previous chipset. Aleo is a brand new cryptocurrency presently within the testnet 3 section; nonetheless, it is reportedly very near its important internet launch and has garnered curiosity from cryptocurrency miners.

In accordance with a recent tweet (opens in new tab) from the official Aleo account, there are presently as much as 14,000 nodes mining the coin. As well as, there are 20 million proofs per second, representing a 1000X enchancment over the testnet 2 section. Nevertheless, not like different cryptocurrencies, Aleo would not rely solely on one of the best graphics playing cards — you can too mine Aleo with a processor as a result of a part of the algorithm will depend on processor efficiency, so it has a job within the mining course of. As such, miners might want to discover one of the best mixture of processor and graphics card.

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