ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ETC hashrate set new high, try new JASMINER X4-Q

By: Get News

Antpool, one of the world’s largest mining pools, has announced that it will no longer manage Ethereum accounts after The Merge is implemented.

“As ETH 2.0 (The Merge) comes along with the risk of censorship among different countries, Antpool, for the sake of clients’ asset security, will not be able to maintain the user’s ETH assets on the PoS chain,” the mining pool operation detailed on Saturday. Antpool also mentioned that the pool advocates decentralized proof-of-work created by Satoshi Nakamoto and it “fully supports BTC, ETC and other PoWs tokens.”

Antpool added: Antpool will continue providing Ethash mining pool services for users who plan to keep mining Ethash tokens like Ethereum Classic, and will make every effort to ensure hash power stability and asset security.

Since Antpool’s CEO announced on July 26 that the company had invested $10 million to support the ETC ecosystem, ETC’s market capitalization and network-wide hash rate have skyrocketed, especially since the hash rate hit another record high of 46.04TH/s on August 27.

According to the analysis, ETC is likely to surpass that record again in the near future, in addition to the 975.15 TH/s hash rate that still points to the ETH network today. Although there are several different Ethash-backed coins, ETC has been the main beneficiary of The Merge so far.

Currently, ETC has also managed to climb from the 20th largest market valuation to the 19th. ETC has managed to climb 61.2% higher against the U.S. dollar during the last 30 days. In fact, ETC’s price rise over the past month is higher than ETH’s 18.4% rise in the same time period.

This month, JASMINER, the world’s leading ETC hash rate provider, released the new version of JASMINER X4-Q, which allows users to get an ultra-high hash rate of 1040MH/s±10% with only 480w±10% power consumption, plus a unique

The new JASMINER X4-Q also continues to use the innovative 3U form, which is more expandable, and has a new and improved dual-fan cooling noise reduction system that reduces the noise value to less than 40dB, which is comparable to a home computer mainframe, and can be placed in a family room or IDC room without the slightest perception of noisy sound. The JASMINER X4-Q solves the problem of huge noise and power consumption from mining, and can bring miners a more extreme quiet enjoyment.

At present, the good news of ETC keeps emerging, both the hash rate ecological construction of big mining pool capitalists and the climbing market value have created excellent development opportunities for ETC miners. Now it is the most profitable investment to get an ETC miner that is not only energy efficient, but also as quiet as a home computer. With the upgraded high throughput chip architecture and more flexible and expandable structure design, JASMINER X4-Q can better meet the ETC mining needs and provide ETC miners with higher hash rate, lower power consumption and lower noise product experience.

Media Contact
Company Name: JASMINER
Contact Person: Panda Hou
Email: Send Email
Phone: 400-022-3866
City: Beijing
Country: China
Website: www.jasminer.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.