BlockDAG’s SHA-3 Upgrade Drive Crypto Mining Innovation, Nearly 5800 Miners Sold
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Speeding up in innovation, BlockDAG has once again set a benchmark in the crypto world with its 31st Development Release. The release introduces significant enhancements to its mining technology and the security of its network with advanced SHA-3 protocols selling nearly 5800 miners. This update marks an evolution in BlockDAG’s commitment to enhancing security and mining efficiency, particularly with features designed to combat quantum computing threats. BlockDAG’s Impressive Mining Sales and Coin Price Increase BlockDAG continues to lead in crypto innovation with its latest Dev Release. It’s not just the technology that’s advancing; the platform’s mining sector is witnessing remarkable growth. The newly released X30 Miner, specifically designed for BlockDAG’s ecosystem, provides an exceptional 280 GH/s hash rate. This development has proven highly beneficial, potentially yielding up to 600 coins daily for miners, contributing to a 650% surge in coin price from the first to the thirteenth batch of its presale. This presale phase has been extraordinarily successful, with 5800 miners already sold and more than 9.1 billion BDAG coins purchased, accumulating over $28 million. The user-friendly design of the BlockDAG mining tools, compatible with mobile devices, has broadened participation, attracting both experienced miners and novices to the platform. Enhancements in BlockDAG’s Dev Release 31 Dev Release 31 from BlockDAG focuses on refining the network’s security and efficiency. The updated SHA-3 implementation now includes parallelization and dynamic difficulty adjustments, optimizing the mining process to be more energy-efficient and equitable. Furthermore, this release introduces memory-hard functions, enhancing the network’s defense against the potential threats posed by quantum computing. Additionally, Dev Release 31 tackles network congestion by improving transaction processing mechanisms. This enhancement optimizes data handling and storage, crucial for maintaining high throughput and low latency across the network. Such improvements are expected to significantly improve user experiences by reducing transaction confirmation…
Filed under: News - @ May 20, 2024 2:06 am