Sentence examples for mining hardware from inspiring English sources

We define the investment in mining hardware by Miner i as m i. Mining consumes energy.

In fact, its design strives to prevent a computational arms-race among miners by reducing the benefits associated with specialised mining hardware; Peercoin is designed to allow more energy-efficient mining.

In the past year, bespoke chips called ASICs (application-specific integrated circuits) have appeared on the scene.Your correspondent visited a miner who operates a rack of mining hardware in his modest apartment.

Netezza, another vendor of data mining hardware, is looking to move into cheaper parts of the market.

If you're a bitcoin nerd, you'll know that finding cheap, low-power mining hardware is pretty hard to do.

Citing third party figures, Bitmain claims to have a dominant 75percentt of the ASIC mining hardware market.

(You might be thinking: couldn't you just mine at a central hub with cheap electricity, and distribute cryptocurrency to your devices using software wallets instead of hardware mining chips? Well, yes.

Not surprisingly, the process is extremely slow compared to hardware mining and is entirely impractical.

As Bitcoin has become more valuable, it's become more resource and energy intensive to "mine" coins and hardware makers roll out more sophisticated and dedicated mining rigs every year.

"I left mine in a hardware store once," Mr. Finckel said with mock pride.

21 is a mysterious Bitcoin hardware and mining startup backed by Andreessen Horowitz that unwrapped its first product earlier this year.