The cryptocurrency economy is nearing the end of 2018’s fifth month after a spectacular year of bullish prices throughout 2017. The past five months have been incredibly bearish as far as market values are concerned but the processing power of digital assets, particularly SHA-256 cryptocurrencies, continues to increase exponentially. Today SHA-256 miners makeup on of the largest computational networks ever created since the dawn of the internet.
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SHA-256 Mining Has Created One of the Largest Computational Systems in the World
There’s always a lot of talk about how valuable cryptocurrencies are today or how much electricity miners use to process blocks across the multitudes of public blockchains. However, there usually isn’t much talk about the powerful computational processing power these networks achieve on a daily basis. Since the inception of the original Bitcoin network back in 2009, and the myriad of other SHA-256 networks leading up to today has led the significant advancement in Exascale computing.
The most profitable SHA-256 cryptocurrencies on the market today on May 28, 2018 according to Coinwarz.
Cryptocurrencies with the SHA-256 algorithm are processed by mining computers and at a speed at which miners complete a hash operation (complex math problem) which then, in turn, is called the hashrate. When an individual miner or organized pool has a higher hashrate it increases their chances of finding the next block reward. These rewards and the profitability of cryptocurrencies as a whole has truly led to one of the largest computational networks ever created.
Computer Scientists Expected Computers to Break the ‘Exahash Era’ in 2018 SHA-256 Cryptocurrency Networks Broke the Record Two Years Before the Predicted Date
Exascale computing refers to a system that can process more
