Aleo Could Be the New Ethereum and Offers GPU-Mining on a Budget

Aleo Could Be the New Ethereum and Offers GPU-Mining on a Budget ...

Aleo is a brand-new cryptocurrency that is currently in trialnet phase 3. It is believed to be very close to its main net debut.

According to a recent tweet from the official Aleo account, the currency is currently being mined by up to 14,000 nodes. This is a 1000 times increase from the testnet 2 phase. Aleo is also possible to mine it using a CPU since the algorithm depends in part on processor speed.

Aleo, a cryptocurrency coin, is geared to be used by low-spec miners as well.

According to the Aleo GitHub page, a processor with 16 cores, 128GB of storage, and a network connection with upload and download speeds of 10 Mbps are the absolute minimum requirements for an Aleo miner. However, competitive miners will likely require greater capacity than the suggested hardware.

Aleo is currently in the testnet phase. Therefore, the ideal CPU and graphics card pairing for the current mining community, according to Twitter user I_Leak_VN, comprises last-generation GeForce RTX 3080 graphics cards from NVIDIA and old Xeon E5 CPUs from Intel.

Graphics CardPerformance
GeForce RTX 30901,050M
GeForce RTX 3080 Ti1,030M
GeForce RTX 3080940M
GeForce RTX 3070780M
GeForce RTX 3060 Ti640M
GeForce RTX 3060480M
GeForce GTX 1660 Super170M

The most commonly used cryptocurrency relies heavily on graphics card power, and miners construct their mining rigs using dirt-cheap alternatives like Celeron or Pentium CPUs. This suggests that a graphics card may be quite beneficial.

According to a Minernav report, Shenzhen AngXun Technology has taken the opportunity to develop new LGA2011 motherboards for mining Aleo.

The fact that Aleo will be successful is untrue, just as with any other cryptocurrency. Last year, the Chia currency was the focus of much discussion, and it eventually resulted in a hard drive shortage. Eventually, the craze faded, and the Chia currency never gained traction.

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