There’s a probability that cryptocurrency miners might have discovered a brand new kind of coin to mine with their instantly ineffective GPUs — and it is even spurring GPU purchases and a brand new line of motherboards primarily based on an outdated chipset. Aleo is a brand new cryptocurrency presently within the testnet 3 section; nevertheless, it is reportedly very near its major web launch and has garnered curiosity from cryptocurrency miners.

Based on a recent tweet (opens in new tab) from the official Aleo account, there are presently 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 section. Nevertheless, in contrast to different cryptocurrencies, Aleo would not rely solely on the best graphics cards — it’s also possible to mine Aleo with a processor as a result of a part of the algorithm will depend 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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