Blockchain
CryptoProfit Launches, Aims to Disrupt the Crypto Mining Industry
New York, New York–(Newsfile Corp. – November 1, 2021) – CryptoProfit, an innovative creation is proud to announce its launch, as it aims to take the Crypto Mining industry to new heights. Mining is steadily emerging as a popular choice amongst crypto enthusiasts looking for profits.
Figure 1: CryptoProfit Launches, Aims to Disrupt the Crypto Mining Industry
And that’s where CryptoProfit arrives to make things simpler. The noted technology company’s recently released ASIC miners, CP 1, CP 2 and CP PRO have brought about a paradigm shift in how people approach crypto mining. Both these products can be used for mining Bitcoin, Litecoin, Ethereum, and Monero with an immensely high profit making potential.
Suited for everyone
While designing its crypto miners, CryptoProfit has invested heavily on maximizing the hash rate with moderate power consumption. CP Pro is the company’s product that is perfectly suited for the beginners.
Both these products come pre-configured and can be used at home because they don’t create a lot of noise. The units can operate with a moderate internet data speed of just 10 kb/second.
Hash Power and Power Consumption:
CP 1 Miner: Bitcoin 390 TH/s, Litecoin 45 GH/s, Ethereum 3 GH/s, and Monero 3.5 MH/s, and 600 W power consumption.
CP 2 Miner: Bitcoin 650 TH/s, Litecoin 68 GH/s, Ethereum 6 GH/s, and Monero 8 MH/s, and 800 W power consumption.
CP Pro Miner: Bitcoin 2150 TH/s, Litecoin 220 GH/s, Ethereum 15 GH/s, and Monero 19 MH/s, and 2200 W power consumption.
The monthly power cost for CP PRO is less than 300 USD. Unlike any other product available in the market, depending on the coin mined, AW Pro makes it simpler and comfortable, for everyone.
CryptoProfit has recently made crypto mining even more profitable for its customers by waiving off the custom as well as shipping fees.
About CryptoProfit
CryptoProfit is an innovative technology company created and managed by an experienced team of engineers and enlightened minds inspired by the idea of bringing the best technology to the crypto mining market. The company operates with the vision of bringing unprecedented crypto mining opportunities for all types of investors.
Media Details
Company Name: CryptoProfit
Contact Name: Jorge Quinlan
Email: [email protected]
Website: https://cryptoprofit.live/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101518
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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