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RissMiner, GBT Prices, RissMiner Goal: All You Need to Know

Craig Richer by Craig Richer
October 25, 2021
in Blockchain
A A
RissMiner, GBT Prices, RissMiner Goal: All You Need to Know
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Since Ethereum’s popularity earlier this year, we’ve seen a plethora of gaming graphics cards repurposed for mining, often in exorbitant quantities. With a silicone shortage expected until 2021, miners may have to consider alternative GPU solutions. ASICs (including application-specific circuits) enter the picture. RissMiner (RissMiner.com), a company that specializes in crypto-specific ASICs, has released a GBT miner specifically designed for cryptocurrency.

There are significant advancements throughout, including a hash rate of 4 GH/s, which is a significant improvement over the DBT’s 1.3GH/s. This improved performance comes at the expense of a 2200W output.

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The release is, however, a little late because the graphics card market has been irreparably damaged at this point. Furthermore, once Ethereum transitions to a stake model that assigns value based on your own value rather than a work model proof that assigns value based on your production capacity, the miner will be burdened with a costly weight.

Is this a response to a lack of a graphics card? The answer could be yes or no. If RissMiner can generate a sufficient amount of GBT, it could be an important part of the solution to the graphic card shortage. Instead of the graphics cards going to cryptocurrency miners, the miners will be busy on ASIC miners, and consumers will eventually be able to get their hands on the latest graphic cards. Due to the global semiconductor shortage, RissMiner is unlikely to produce GBT on a large scale.

RissMiner’s long term goal

RissMiner’s mission is to make crypto mining simple and profitable for everyone, including newcomers. Anyone can begin extracting these miners by plugging the unit into an outlet, connecting the system via WiFi or a cable, and entering the pool data. Users can also join RissMiner’s mining pool, which charges a 0% commission. Customers’ delivery and customs fees are also covered by the company.

RissMiner miners all rely on cutting-edge ASIC technology. RissMiner mining platforms powered by 5nm ASIC chips offer high hash rates for mining bitcoin, litecoin, ethereum, and monero, as well as energy efficiency. As a result, in today’s cryptocurrency market, the profits of these miners are unrivaled.

RissMiner, GBT Prices, RissMiner Goal: All You Need to Know

RissMiner, GBT Prices, RissMiner Goal: All You Need to Know

RissMiner, GBT Prices, RissMiner Goal: All You Need to Know

Craig Richer

Craig Richer

Newsroom Editor

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