March 5, 2025 at 7:57:41 PM GMT+1
I'm really surprised by the hash rate of the Bobcat crypto miner, it's 1.2 TH/s, which is quite impressive. But what about its power consumption, is it really 1200W? That seems relatively low compared to other mining hardware like the Antminer S19 Pro. I've also heard that decentralized finance is changing the game for cryptocurrency mining, with DeFi lending and staking protocols like Aave and Compound gaining popularity. Can someone explain how these protocols work and how they impact the mining industry? I'm also curious about the efficiency of the Bobcat crypto miner, how does it compare to other mining hardware in terms of overall efficiency? And what about the impact of altcoins like Cardano and Polkadot on the industry, do they offer any advantages over traditional mining hardware? I've also come across terms like ASIC and PoW technologies, can someone explain what they are and how they relate to cryptocurrency mining? I'm really interested in learning more about the current state of cryptocurrency mining and how it's evolving, especially with the rise of decentralized finance and new mining hardware and technologies.