Tuesday, May 29, 2018

Ushering in the Exahash Era with the SHA-256 Cryptocurrency Mining Algorithm

Colleagues, the Exahash era of SHA-256 mining is rapidly moving into the mainstream … and much sooner than expected. Exascale computing is defined as a system that can process more than one exaflop per second  which is equal to a billion billion calculations per second. The BTC network surpassed 1 exaflop in May 0f 2013, which at the time was up to eight times faster than the combined speed of the top 500 supercomputers in the world. Enter 2018. The BTC hashrate is over 30-35 exahash per second or over 30 billion gigahashes per second, and the BCH network is 3-5 exahash per second or over 5 billion gigahashes per second. Nakamoto consensus is a name for Bitcoin’s decentralized, pseudonymous consensus protocol and is considered as Bitcoin’s core development and innovation. So when will we see the 500 exahash zetahash era? Share a comment and subscribe today! Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)

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