What is mining as a service and how can it benefit from tokenization?
Mining based on the POW protocol is losing its popularity. Undoubtedly, the first way to achieve consensus, devised by Satoshi Nakamoto, is worthy of mention and respect, but it wastes too much energy.
Mining based on the POW protocol is losing its popularity. Undoubtedly, the first way to achieve consensus, devised by Satoshi Nakamoto, is worthy of mention and respect, but it wastes too much energy. A single device on ASIC chips consumes 2-3.2 kWh and costs $5-15 thousand, noted in BitRiver.