Mining caused a "computational boom"

in #money6 years ago

The growth of the mining industry's need for computing power, along with other factors, caused a "boom in computing resources."




The power of computing has increased due to the growth in demand caused by the progress of graphics in games and, surprisingly, thanks to the creation of workflow algorithms that combine perfectly with video cards. These algorithms are present in some of the major modern crypto currencies


In recent years, video cards were bought like hot cakes, even because they have a demand in the mining sector. The stock prices of its Nvidia and AMD companies grew significantly during the period of the cryptodynamic boom. In the subsequent collapse of the cryptocurrency markets, Nvidia's positions proved to be more solid.


Currently, Google is exploring the prospects of highly successful technology and the implementation of its own development. In March, the Internet giant issued a patent for an inviolable registry, which could store signatures and track changes in the data.


The method consists in the fact that the electronic device adds the new block blokcheyn is desired, the association of a new block as the existing block and the block of second blokcheyna that is identified by creating a signature for the new block based to said first and second signatures and associated signature new block. The desired block and the second block can be part of the cellular lattice.

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