How does the X20 Hashing Algorithm Keep Mining Hardware Cool?

How does the X20 Hashing Algorithm Keep Mining Hardware Cool?

The X20 algorithm is the latest version of the popular X11 mining algorithm, which has been founded by the Pieta team.

Being a successor to the energy-efficient X11 algo, the X20 algorithm does the same job of reducing energy consumption in the crypto mining process to increase the overall efficiency. Let’s see how it works.

The X11 algorithm, which was created a few years ago, has received both appreciation and criticism from the mining community, as the algorithm has many benefits along with some cons as well.

Now that the new X20 algorithm has been developed to overcome the drawbacks of X20, let’s see how this mining algorithm can keep mining hardware cooler and save energy more efficiently.

X20 Hashing Algorithm for Power Cost in Mining

Lowering the mining power cost was one of the main purposes behind the creation of the X20 algorithm. The algorithm is highly effective in making the overall mining process easier and more efficient, thus computers and graphics cards using this algo do not require a lot of electricity in order to mine cryptocurrencies.

This is why the X11 algorithm has instantly become so popular among the miners who were troubled by the high electricity cost in mining.

The new X20 algorithm goes one step ahead by further increasing the efficiency and effectiveness of mining and reducing energy consumption in the process.

Don’t be surprised if you see a significant reduction in your electricity costs within just a month of using the X20 algorithm, because this is what the program has been designed to do.

The straight impact of lower electricity costs would be on the price of the coin you’re mining as well as on your profitability. As the input cost (energy) decreases, the profitability will increase as you’ll be able to mine more coins for the same cost.

This will also increase the value of the mined coins, especially in places where electricity costs are high.

So, how does X20 keeps the Mining Hardware Cool?

Let’s come back to the main point. Now that you know that the X20 algorithm makes mining more effective and reduces energy consumption. Besides lowering the electricity cost, it has another major benefit in terms of improving the lifespan of the mining hardware. Let’s see how that works.

Since the X20 algo reduces energy consumption in mining, it keeps the hardware cool. It maintains a balance between the hardware such that the energy usage is reduced up to some extent.

According to many reports, this algorithm keeps mining hardware a lot cooler as compared to other mining methods such as Script or SHA-256, as the requirement for processing power is quite lower with this mining method.

The less electricity consumption results in lower operating costs but a major benefit is to the hardware as their lifespan get increased by many years because of lower energy processing and high cooling.

The best benefit of the new X20 algorithm by Pieta is that it is enabling anyone to mine cryptocurrencies at significantly lower input costs.

Currently, Pieta is developing its own mining rigs which could be powered by green & cheap solar energy which will further increase the mining efficiency and reduce the cost.

Originally publish on pieta blog

Published at Mon, 22 Apr 2019 06:50:07 +0000