With the ever-changing environment and the way everything is perceived, money is not really an exception. There has been an increasing trend of cryptocurrency, a virtual currency designed for exchange medium where the records of individual ownership are secured in a computerized database. Bitcoin and Ethereum are famous cryptos.
There is a term hashrate that is used in the mining of crypto. It is the total computational power that is used in processing transactions and to mine Proof-of-Work blockchain like Bitcoin.
A hash is an alphanumeric code representing words, data, and messages of any kind with the length being fixed. Projects of crypto use different types of hashing algorithms to develop different hash codes. These are unique codes for every other word. Before adding the transactional data to the next block, miners must guess a number with the help of their machines to compete. Every hash is random, and prediction is nearly impossible, it takes a large number of guesses (in millions) before a miner wins the chance to fill another block in the blockchain. Every time this happens, the miner gets the block reward along with fee payments associated with transactions.
The hashrate is crucial for the assessment of a blockchain network’s strength and security. The more miners are online to discover the next block, the hashrate rises higher, which makes it harder for malicious and fraudulent agents to create disruptions in the network. It is very difficult for the miners to produce hashes. If the miners online are larger in number, the more hashrate is created.
If the hashrate declines, it means the network is vulnerable. So it is important to increase the hashrate significantly. The question that arises is how?
A relatively new utility known as OhGodAnETHlargementPill is making rounds in the crypto market for all the right reasons. It increases the hashrate of GTX-1080Ti and GTX-1080 graphic cards significantly. Both of these use GDDR5X memory that is very fast. Other cards of NVidia that are particularly used for mining, such as 1050Ti, 1050, 1070, 1070Ti are based on GDDR5.
The developers of the utility ETHlargementPill used all features of GDDR5X memory and increased the mining of the hash by using the Dagger Hashimato algorithm by nearly 40%.
Why use the ehtlargementpill?
As you now know, the higher the hashrate, the higher the security of the network, it becomes a must to fly it upwards. The competition today is cutthroat in discovering the next blockand is only going to go skywards soon. The hash rate of each miner is contributed to sort the block information out.
In such a competition, you must not get mixed in the crowd and stand out from it. For that, you need to enhance the efficiency of the mining hardware with the help of upgraded equipment and effectively reduce the costs involved in the mining activities. As it is a widelyknown fact to every miner that the main link between mining hardware and blockchain network is mining software, so it needs to process information fastly.
Starting mining is not particularly hard, moreover, it is easy but the difference between time-taken to increase the mining performance v/s mining gears can help you gaining considerable changes by improving efficiency by 20-40%. You can take significant steps to improve GPU’s hashrate and increase the efficiency of the mining process. Some of them are:
- Mining software
- GPU Warmth
The hashrate of graphic cards can be improved and the mining activities can be enhanced by the Ethereum mining speed booster.