Ethereum and Bitcoin have almost become household names. Although they are often mentioned in succession, they are far from the same.

Bitcoin was created as a decentralized alternative currency. Ethereum is inspired by Bitcoin, but has bigger ambitions: to create a software platform that supports not only cryptocurrencies, but any kind of decentralized application that can be run without the need for a third party, giving people more control over their data.
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What is Ethereum?
Ethereum is an open source decentralized computing platform network. The Ethereum network works like the Bitcoin network, built with blockchain technology, essentially a digital public account, where financial agreements can be verified and stored solely by software, without the participation of a third party.

The easiest way to view the Ethereum network is as a secure database that everyone can access. When new "blocks" of data are added, they are cryptographically "chained" to a main block, essentially creating a non-editable record of previous changes.

Ethereum is considered one of the largest cryptocurrencies (besides Bitcoin) because ether is the second largest crypto currency after Bitcoin in terms of market value.
But what makes Ethereum so exciting for users and enthusiasts is the network's potential to do more than just conduct financial transactions. Ethereum takes the Bitcoin blockchain further by allowing developers to run applications (known as "smart contracts") that can host any type of decentralized application.
Eth mining is the process of verifying and adding transactions between users to the blockchain ledger. Mining is also responsible for adding new coins to the current circulating supply, and it is one of the key components that allows cryptocurrencies to function without the need for a central authority. A miner is a network node responsible for collecting and organizing block transactions. Every time a transaction is made, all nodes on the network receive it and verify its authenticity. Innosilicon A11 Pro ETH (2000Mh) is an excellent choice for high hash rate Eth mining.
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Despite some believing that the cryptocurrency gold rush is over, there are still plenty of reasons to invest in the best mining rigs and processors on the market. Two miners, on the other hand, will issue a valid block at the same time, resulting in a network of two competing blocks.

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Ethereum benefits
Large and existing network. “The benefits of Ethereum are a proven network that has been proven over many years of use and billions of transactions of value.

2. Wide range of functions. In addition to being used as a digital currency, Ethereum can also be used to process other types of financial transactions, execute smart contracts, and store data for third-party applications.

3. Constant innovation. A large community of Ethereum developers is constantly looking for new ways to improve the network and develop new applications. "Due to the popularity of Ethereum, it is often the blockchain network of choice for new and exciting (and sometimes risky) decentralized applications," Avital says.

4. Avoid middlemen. Ethereum's decentralized network promises to leave users between third-party intermediaries, such as lawyers who draft and interpret contracts, banks that negotiate financial transactions, or third-party web hosting services.

Eth mining simplified

Yes, this Eth miner will help you mine your Eth with minimal effort. The protocol regularly adjusts the target value, also known as hashing difficulty, to ensure that the speed at which new blocks are created is stable and proportional to the amount of hash effect available on the network. If you decide to buy this mine, you are making a good decision.