What role does Moore's Law play in the performance improvement of cryptocurrency mining hardware?

1 answers

• Dhruv AnghanFeb 05, 2022 · 4 years ago
  In the world of cryptocurrency mining, Moore's Law is the secret sauce that keeps the performance improvement of mining hardware going. It's like having a magic wand that constantly upgrades the capabilities of mining equipment. Thanks to Moore's Law, the number of transistors on a microchip doubles every couple of years, which means that mining hardware can process more data and perform calculations at a much faster rate. This allows miners to stay ahead of the competition and mine cryptocurrencies more efficiently. So, next time you hear about a new generation of mining hardware, you can thank Moore's Law for making it possible.
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