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HomeNewsFractal Bitcoin Surges in Mining Rankings! See How It's Outperforming Litecoin!

Fractal Bitcoin Surges in Mining Rankings! See How It’s Outperforming Litecoin!

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  • Merged mining positions Fractal Bitcoin fourth in f2pool’s earnings, surpassing major cryptos like Litecoin in profitability rankings.
  • Nearly 44,000 blocks mined on Fractal Bitcoin’s network, demonstrating a robust infrastructure with over 2 million FB tokens.

Bitcoin mining faces dwindling profitability, merged mining with Fractal Bitcoin as a critical relief for miners. This method enables miners to process transactions on two networks simultaneously, both utilizing the SHA-256 algorithm. This approach not only optimizes potential earnings without additional operational costs but also enhances the security of both networks.

Fractal Bitcoin, a sidechain of Bitcoin, has successfully captured a substantial hash rate of 241 EH/s from the main Bitcoin network through merged mining. This collaboration has positioned Fractal Bitcoin in the fourth spot in the earnings ranking of the mining pool f2pool, surpassing established cryptocurrencies like Litecoin, which also engages in combined mining with Dogecoin.

Source: https://www.f2pool.com/coins

Since its implementation on September 19, merged mining of Bitcoin and Fractal Bitcoin has generated close to one million dollars in revenue over the past 24 hours. This success not only proves the financial viability of merged mining but also suggests growing interest and potential for employing this technique with other crypto-assets sharing similar technical features.

Source: Explorer Unisat

To date, nearly 44,000 blocks have been mined on the Fractal Bitcoin network, with over 2 million FB tokens in circulation. The volume of tokens and the frequency of mined blocks indicate a robust and expanding infrastructure likely to attract further participants interested in exploring the benefits of merged mining.

Besides offering an alternative revenue stream for miners, the merged mining between Bitcoin and Fractal Bitcoin underscores the significance of innovations in the crypto mining sector that seek to enhance efficiency and security.

At a time when Bitcoin mining profitability faces challenges, particularly following the halving event, solutions like Fractal Bitcoin not only provide economic relief but also present a model for the future development of blockchain infrastructure.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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