What is GPU Mining (GPU utilization rate for mining is only 2%)
What is GPU mining? According to official news, GPU mining is a method of mining
What is GPU mining? According to official news, GPU mining is a method of mining cryptocurrency. In the Bitcoin network, a large number of blocks are generated and broadcasted to other nodes at regular intervals to support its security and stable operation. Due to the current high price of these coins, many investors consider buying them as collateral for mining. However, as the price of Bitcoin rises, some small players are looking for new ways to participate and obtain more computing power (which is comparable to the profits of ordinary users), and this situation will soon change.
GPU utilization rate for mining is only 2%
According to data from cryptobriefing, currently, GPU accounts for 12% of mining. And based on the current price of the Bitcoin network, about 10% of the shares have been mined. According to bitinfocharts’ data, as of the time of writing, over 600 million computers worldwide (accounting for 15% of the total number of GPUs worldwide) have mined blocks, which means that only 2% of people are able to mine using GPU. If valued in US dollars, it is approximately 100 million dollars.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/metaverse/23245.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
OpenSea Upgrade: Better NFT Management
It is reported that OpenSea Seaport has been upgraded to version 1.4, which supports multiple NFTs with a single signature. Open Sea said that it would no long…
-
Coinbase: Its Service Performance is Under Scrutiny
It is reported that the performance of some services of Coinbase, a cryptocurrency exchange, declined.
Coinbase of Cryptocurrency Exchange: Some servic…
-
UNI Surges Through US $7, Marking a 5.89% Daily Increase
It is reported that the market shows that the UNI has broken through US $7 and is now reported at US $7.01, with a daily increase of 5.89%. The market is volat…
-
MetisDAO Building the First Hybrid Rollup for a Secure and Development-Friendly Layer 2
It is reported that MetisDAO, the Ethereum expansion solution, officially announced that it is building the first hybrid rollup by combining the Optimistic Rol…
-
The Rise of Hacker Attacks and the Importance of Protecting Your Cryptocurrency
According to reports, PeckShield monitoring shows that in April 2023, approximately 41 hacker attacks stole $93.4 million. As of April 30th, 1245 ETHs and 2515 BNBs have been trans
-
First Republic Bank’s Intraday Decline Expands to 43%
According to reports, the intraday decline of First Republic Bank has expanded to 43%, and trading has been suspended again.
First Republic Bank\’s intraday decline widened to 43% a -
An anonymous user gave a free “base. eth” domain name to Base
On April 6th, according to the official Twitter account of Base, an anonymous user presented the \”base. eth\” domain name to the project.
An anonymous user gave a free \”base. eth\” d -
Bank of Communications: The Need for Stability In a Turbulent Financial Market
12: 00-21:00 Keywords: Bank of Communications, Stable Currency, Luno, Grayscale
Important updates on the evening of April 17th
If there\’s anything that the world has learned from t -
Weakening Correlation Between Cryptocurrencies and Traditional Markets
According to reports, Bernstein analysts said that the correlation between cryptocurrency and US stock market and macro events was weakening, and the cryptocur…
-
Data: A Smart Money address purchased 2.52 trillion PEPE at 0.013 ETH, earning a profit of 32000 times
On April 20th, according to Lookonchain monitoring, a Smart Money address purchased 2.52 trillion PEPE (currently worth 816000 US dollars) for 0.013 ETH (approximately $25), earnin