HowellBit Project Details

Cryptocurrency mining traces its lineage to distant 2009, when the first digital currency (bitcoin) based on cryptographic principles appeared. Over the past 8 years, the production of coins has not stood still - this sphere has been actively developing. Bitcoin solo-mining on the CPU, which was the only option for generating blocks at the initial stage of mining, is a thing of the past and the processor and graphics card have been replaced by specialized integrated circuits called ASIC. Mining with ASIC-miners makes the process of generating blocks more efficient, because in fact these devices are focused on performing one task, which is to calculate.