Blockchain Mining Systems

Blockchain Mining Systems

Blockchain Mining Systems

High-end Quality Blockchain Mining

Cryptocurrency Mining is the act of verifying transactions on the blockchain.  Blockchain Mining Systems aims to implement more than 1 TH/s or 1 Terahash of Cryptocurrency Mining to the security of ERG / Bitcoin Blockchain Cryptocurrency Network.

One terahash is 1 trillion (1,000,000,000) hashes per second. In the context of Bitcoin mining or blockchain, the rate of hashes per second is important because it determines how long it takes to complete a block.

Most average sized cryptocurrency mining systems or blockchain mining systems has around a few megahash or gigahash which is a healthy start.  Most blockchains operate in the petaflop or exahash range.

How much is a exhash

A high hashrate indicates there’s more competition, but the reward could still be worth it. For example, the Bitcoin hashrate has been as high as 179 exahashes per second (1 exahash = 1 quintillion), but miners were still incentivized to participate because the potential reward was worth the cost.  Usally an exahash hovers around the entire blockchain with all cryptocurrency and blockchain miners combined worldwide.  The number will increase as soon as more cryptocurrency and blockchain miners are added to the particular overall network

What is a petaFLOPS? One petaFLOPS is equal to 1,000,000,000,000,000 (one quadrillion) FLOPS, or one thousand teraFLOPS. 2008 marked the first year a supercomputer was able to break what was called “the petaFLOPS barrier.” The IBM Roadrunner shocked the world with an astounding Rpeak of 1.105 petaFLOPS.