Sentence examples for mining hardware to from inspiring English sources

UPDATE 2: I've recently switched my mining hardware to Dogecoin due to its rising popularity and lower difficulty.

This full-service blockchain firm expanded from its roots providing bitcoin mining hardware to launch its own blockchain, plus software designed to help U.S. law-enforcement and others investigate illicit activity using bitcoin.

While the company has remained tight lipped about its intentions, it is shifting away from mining Bitcoins for itself and focusing more on distributing mining hardware to consumers with the aim of supporting broader adoption of the technology.

Bitcoin's free market mining incentives have already led to one multi-billion-dollar firm controlling roughly 40percentt of the entire network hashrate, and supplying most everybody else's mining hardware to boot.

Mining means that only people with high technical skill or the capital to operate now-expensive mining hardware get access to new Bitcoin.

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

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.

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

In early 2018, we anticipated strong market growth for cryptocurrency mining hardware in 2018 due to the upward trend of cryptocurrencies price in the fourth quarter of 2017, and we placed a large amount of orders with our production partners in response to the anticipated significant sales growth.

Those coins could be used to buy the company's Bitcoin mining hardware, a physical asset; or used to have a stake in companies using their equipment.

Those chips are then used to power mining hardware which lets the owner earn a reward by mining Bitcoin and other cryptocurrencies.