2020 currency Ethereum region
Ethereum is likely to rise to 10000 in 2021
institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%
while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market
extended information:
the increase of Ethereum is as follows:
the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter
each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions
top ten Ethereum mining software in 2020
in terms of market value, Ethereum is the second largest cryptocurrency, second only to bitcoin. Ethereum's popularity among the holders has increased rapidly because it can build the whole decentralized ecosystem and applications on top of its blockchain. As Ethereum is friendly to GPU mining, Ethereum is a good choice for PC users (especially those with AMD high-end graphics cards). However, 24ker should also warn readers that at this time point, Ethereum's price is $241, which means that even if you use radon VII (90mh / s), your weekly profit is less than $7, The annual profit is about $339. However, considering the potential value-added space of Ethereum, if the price can return to the healthy range of $500-600, it means that your radon will be back in one year
if you already have Ethereum mining hardware and an effective wallet, all you have to do is to find the best eth mining software, which will help you manage the mining work effectively
in this article, we will introce the features, advantages and compatible operating systems. But before we get there... Let's talk about the basics
why Ethereum
unlike traditional currencies, Ethernet operates on the public ledger system, which makes mining itself the core power of Ethereum network. When miners receive the transaction data sent by other members of the network, they assemble them into a structure called Merkle tree, and then try to find an acceptable hash value
only one hash will be returned for each dataset, and the hash value cannot be used to dece the original data. Its purpose is to effectively ensure that the block information is not tampered with. Moreover, if someone changes even one number in any long transaction string, the output hash value will be completely different, and false transaction or fraud will be eliminated
as you can see, if there is no Ethereum mining, Ethereum network will be paralyzed immediately. Therefore, participating in Ethereum mining is not only the mining revenue, but also the support for the operation and growth of Ethereum
what is mining software< In short, mining software is a program that uses a computer graphics card (GPU) as a resource to solve complex mathematical equations. Once the equation is solved, the data is added to the rest of the blockchain
the mining software will monitor the input and output of the hardware, and display statistical data to you, such as miner speed, fan speed, temperature and hash rate
the Ethereum mining software described in this article can be connected to many available Ethereum mining pools
Ethereum mine pool
Ethereum mine pool is a resource area that is equally distributed and shared among miners. Nowadays, it has become too difficult for a person to dig a mine, so it is necessary to use the way of mining pool to fight in groups
today, Ethereum is one of the most famous choice of Ethereum mines. The pool allows its users to remain anonymous and pay only a small 1% mining fee<
top ten Ethereum mining software:
1-ethminer (Ethereum Royal)
it can be seen from the name that ethminer is specially designed for mining Ethereum, and currently supports Linux, MAC and windows. Make sure to download the version corresponding to the device's operating system
in addition to Ethereum, you can also use ethminer to mine all tokens according to ethash algorithm, including expand, elaism, metaverse, musicoin, Pirl, Ethereum classic, etc< Ethminer is a command line software. This means that you can start it from the Linux console or the windows command prompt, or you can use the windows CMD / batch file or the Linux bash script to create a shortcut to the preset command line<
(2-cgminer)
this program was released in 2011. Because it is compatible with three different mining hardware (ASIC, FPGA and GPU), it is still one of the most popular mining software options. CG miner is an open source Ethereum miner written in C language, and provides support and binary files for openwrt router, RPI, etc
the advantages of cgminer include the ability to match your hash rate with zero latency extension, remote interface function and advanced detection of new blocks. The software can be used for Mac, Linux and windows
3 - Claymore (maximum efficiency)
if you are looking for the most efficient Ethereum mining software, please consider using Claymore's al Ethereum mining machine, which can speed up to any hash rate without sacrificing the mining speed
Claymore recently released v12.0 upgrade, which reces the equipment cost of al mining mode from 2% to 1%. The upgrade also offers 3gb and 2GB cards with zero development costs. However, Claymore al miner can't run on Mac. At present, it can only run on Linux and windows. But it supports both NVIDIA and AMD cards
other coins you can mine with this program include siacoin, lbry, decred and Pascal< If you are not familiar with cryptocurrency mining and are looking for the simplest Ethereum mining software, please check wineth
the software is based on the ethminer that we have just evaluated, but wineth provides users with a more simple and easy to understand GUI, combined with "intelligent" algorithm, which will provide the configuration that can ensure the best performance on the new user's hardware
as can be seen from the name, wineth is only compatible with windows devices, and you can find it in the windows 10 app store.
1. Ethereum: a better value accumulation target
for many years, accumulating bitcoin has been the main way to store the value of cryptocurrency. Investors use bitcoin as a sharp weapon against the economic crisis. However, institutional traders are now also interested in Ethereum
in the 2020 annual review report of coinbase, it is noted that institutional customers are more and more interested in Ethereum. The reason is related to how investors evaluate Ethereum ecosystem
first of all, it is the original currency of the network. Because Ethereum is a platform for many valuable projects, Ethereum has become a powerful trading currency in Ethereum ecosystem
Why are more and more institutional traders hoarding Ethereum
the report points out that the driving force for Ethereum holders to invest comes from: first, Ethereum's potential as a value store is constantly developing; 2、 Ethereum's status as a digital currency provides the basis for its network transactions<
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2. Investment institutions such as coinbase and Gemini are optimistic about Ethereum and defi
Arthur Cheong, founder of definance capital and portfolio manager focusing on defi encryption fund, pointed out in a statement in coindesk, "I think bold investors will explore Ethereum and defi after studying bitcoin."
according to the data, some investment institutions such as coinbase and Gemini are incredibly bullish on Ethereum. In addition, more and more large investors are looking for different decentralized financing space
Why are more and more institutional traders hoarding Ethereum< However, deniss vinokourou, a digital asset investment manager, believes that "not everyone is satisfied with the risks associated with defi that still exist, but the rapid growth of active projects in Ethereum supports capital appreciation."
unlike bitcoin, Ethereum has many ways to retain investors and lock them in for a long time. After the release of eth2.0, Ethereum owners have made a lot of profits in long Ethereum
the original text is from ambcrypto and compiled by blockchain knight. The right in English belongs to the original author. If you want to reprint it in Chinese, please contact the compiler.
