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Cryptonight Mining Profit Calculator
Cryptonight is a proof-of-work algorithm renowned for its memory-hard attributes, requiring miners to utilize a substantial amount of memory to complete their mining computations, thus safeguarding against ASIC optimization. This ensures equitable competition among miners, fostering true decentralization. You can accurately calculate the profit from coins mined using this algorithm with our ASIC miner profit calculator, enabling miners to evaluate the profitability of Cryptonight-based ventures more efficiently. Delving into Cryptonight's technical intricacies, it employs a scratchpad memory size of 2MB, distinguishing it from other algorithms by necessitating persistent and intensive memory-bandwidth usage. Advanced users often optimize for the RandomX variant, which introduces dynamic execution paths and memory-hard computation techniques. The algorithm’s adaptability to fork towards Cryptonight Adaptive (CN-Adaptive) demonstrates its resilience against ASIC development, ensuring ongoing alignment with CPU-mining proficiency.
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Cryptonight's proof-of-work algorithm is captivating owing to its memory-hard architecture, which mandates a significant amount of memory to execute the mining calculations. This unique characteristic endows it with immunity to ASICs, specialized hardware devices that are meticulously optimized for cryptocurrency mining and can outperform standard computer hardware. A notable benefit of Cryptonight is its promotion of decentralization in the mining process. By eliminating the imbalanced advantage large mining operations would have over individuals with less potent hardware, the algorithm prevents centralization, thereby averting security risks that can result from centralization. In addition to promoting decentralization, Cryptonight's architecture is engineered to be lightweight and efficient, rendering it ideal for deployment on devices with restricted resources, such as mobile phones or IoT devices. This feature creates new prospects for decentralized mining and enhances the accessibility of cryptocurrency mining to a broader audience, potentially resulting in a substantial expansion of the adoption rate of cryptocurrency. It's important to mention that Cryptonight has undergone numerous enhancements and updates since its launch in 2013. The latest iteration, Cryptonight V8, has gained widespread adoption in several cryptocurrencies, including Monero and Bytecoin.
Bitcoin Mining Statistics
Remaining Blocks
🔗
1309
Remaining Time
📅
~8 days
Next Change
⛏️
5.18%
Block Time
🕒
~9 min
Progress
⏳
35.07%
14.1K TX
179 vB/s
0.218 BTC
The next difficulty adjustment will executed in ~8 days (and 15 hours), currently there are 1309 blocks remaining ( 35.07% done).
Estimated Difficulty Change: 5.18%
Time per Block 9 minutes
Unconfirmed Transactions: 14087
Average Virtual Memory Size: 179 vB/s
Generated BTC (24 hours): 0.218 BTC