What does it mean to mine Ethereum?
Mining is the process of creating a block of transactions to be added to the Ethereum blockchain. Miners process pending transactions and receive block rewards in the form of Ether for each block generated. Generating a block requires intensive computational work (or hashing power) due to the difficulty set by the Ethereum network protocol. This difficulty level is proportional to the total amount of computational power (also known as the total hashrate of the network) being used to mine Ethereum and serves as a way to secure the network from attacks as well as tuning the speed at which blocks (and block rewards) are generated. This system of using hashing power generated is known as Proof of Work (PoW). This is where our ETHLargementPill comes in handy.
What is EthLargementPill?
EthLargementPill significantly increases the hashrate of the GTX1080 and GTX1080ti graphics cards. Both types of video cards have very fast GDDR5X memory. Other Nvidia cards usually used for mining – 1050ti, 1060, 1070,1070ti – are based on GDDR5.
EthLargementPill Bios Editor is able to utilise all the features of the GDDR5X memory and increase the mining hash by the Dagger Hashimoto algorithm by about 40%!
What does this mean for me?
When it comes to mining blockchain the competition is piling up day by day. Miners worldwide have undergone intense competition while attempting to solve the block. Every miner contributes their hash rate to the blockchain network to produce an equivalent hash rate to sort out the information available in the block. To stand out from the crowd and get the rewards we need every bit of performance we can get. ETHLargementPill is the utility we need to make sure we’re getting all we can from our cards.
Visit our Downloads Page to Download ETHLargementPill Mining Bios Editor and increase your hashrate today!