In attention to information socialized by Derek Andersen for the Cointelegraph portal, "Cloud-based cryptocurrency mining platform NiceHash has introduced a new firmware product with features developed by Marathon Digital, making the mining company's technology available to retail and home miners."
In this regard and according to Ashu Swami (current CTO of Marathon Digital), "The new firmware will be marketed as NiceHash Firmware Powered by MARA. According to NiceHash, Marathon Digital is the world's largest Bitcoin miner by market capitalization and the most efficient. The company mined 390 BTC in May."
Also specified Swami, "This collaboration allows us to bring advanced security and optimization features to Bitcoin miners of all sizes, improving their performance and profitability."
Importantly, "NiceHash firmware is compatible with a variety of application-specific integrated circuit (ASIC) mining machine models and ASIC management tools. It also operates with a variety of algorithms and can switch between them as their efficiency varies."
What is certain is that pooling resources to support the mining industry as "The profitability of cryptocurrency mining has been closely watched since the halving that reduced miners' profit per block by 50% in April. U.S. presidential candidate Donald Trump."
SOURCES CONSULTED
Cointelegraph. Home miners may benefit from NiceHash, Marathon Digital collaboration. Link
OBSERVATION:
The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph
