New Aleo Crypto Coin Could Give GPU Miners A Second Probability

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There’s a likelihood that cryptocurrency miners might have discovered a brand new sort of coin to mine with their all of a sudden ineffective GPUs — and it is even spurring GPU purchases and a brand new line of motherboards based mostly on an outdated chipset.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 at the moment within the testnet 3 part; nevertheless, it is reportedly very near its most important web launch and has garnered curiosity from cryptocurrency miners.

In response to a latest tweet (opens in new tab) from the official Aleo account, there are at the moment 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 part. Nonetheless, not like different cryptocurrencies, Aleo would not rely solely on the greatest graphics playing cards — it’s also possible to mine Aleo with a processor as a result of a part of the algorithm relies on processor efficiency, so it has a task within the mining course of. As such, miners might want to discover the very best mixture of processor and graphics card.

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