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New Aleo Crypto Coin Might Give GPU Miners A Second Probability

There’s a likelihood that cryptocurrency miners could have discovered a brand new sort of coin to mine with their immediately ineffective GPUs — and it is even spurring GPU purchases and a brand new line of motherboards based mostly on an outdated chipset. Aleo is a brand new cryptocurrency presently within the testnet 3 section; nonetheless, it is reportedly very near its important web launch and has garnered curiosity from cryptocurrency miners.

In line with a recent tweet (opens in new tab) from the official Aleo account, there are presently as much as 14,000 nodes mining the coin. As well as, there are 20 million proofs per second, representing a 1000X enchancment over the testnet 2 section. Nonetheless, in contrast to different cryptocurrencies, Aleo does not rely solely on the perfect graphics playing cards — you can even mine Aleo with a processor as a result of a part of the algorithm depends upon processor efficiency, so it has a job within the mining course of. As such, miners might want to discover the perfect mixture of processor and graphics card.

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