Gridseed GridseedASIC Technogy is leading in giving the most recent and the best, in the Crypto mining world. We offer the first world class ASIC Scrypt and SHA miners. Gridseed may be taking a shot at another much bigger Scrypt ASIC miner, or that is the thing that got as data from a reader that sent a connection to publication on another mining gathering called Miner Talk.
LitecoinAsic Litecoin uses scrypt in its proof-of-work algorithm: a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard. The Litecoin network will produce 84 million litecoins, or four times as many currency units as will be issued by the Bitcoin network
ScryptAsic Producers are planning to ship scrypt-based gear that will speed up mining and decrease the force overhead for the option cryptocurrency calculation. One of the biggest differences between scrypt and SHA-256 is that the former relies heavily on computing resources aside from the processing unit itself, particularly memory.
GridseedAsic ASIC stands for Application Specific Integrated Circuit, which implies a chip which has been intended to do one particular thing just – and is subsequently speedier or more productive at doing it. The Gridseed ASIC is adept at the hashing calculations required to secure a cryptocurrencyblockchain (either Bitcoin or Scrypt based), but it can’t do anything else. Typically, ASICs can be used only for one or the other type of cryptocurrency
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