Bitcoin and BTC.com in China Continue to Top the Second Edition of CryptoSuper500 List
Inspired by the TOP500 list, biannual list of the most powerful cryptocurrency mining pools tracks compute power and economic value
Cryptocurrency Supercomputing refers to large-scale cryptocurrency mining operations which are typically powered by accelerator technologies such as GPUs, FPGAs, or custom ASICs. Bitcoin is the most notable of such currencies. Cryptocurrency mining via Proof of Work is important since it continues to represent the most effective consensus algorithm to maximize security in a decentralized manner.
"Driven by Artificial Intelligence (AI), Blockchain, Internet of Things (IoT), and 5G connectivity, a new wave of enterprise applications demands supercomputing power. Cryptocurrency mining is an important part of that mix, impacting investment decisions globally," said Dr. Stephen Perrenod, OrionX Partner and Analyst and the developer of the CryptoSuper500. "CryptoSuper500 tracks supercomputer class systems that are used for such mining applications."
The annual economic value (AEV) of the top 5 pools in the current list compared to the last list (published in November 2018) are as follows:
The eight coins mined with Proof of Work consensus algorithms and that made the cut for our analysis are
The full list with additional explanation is available in a slide presentation at OrionX.net/research.
"The traditional data center is becoming a supercomputer center," said Shahin Khan, OrionX Partner and Analyst. "Corporate IT departments increasingly rely on versatile supercomputers as the engines of digital transformation. Green500, IO500, CryptoSuper500 and similar competitive lists point to the versatility of supercomputers and the need for supercomputing in Fortune 500."
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* Note: This effort is an analysis of the technologies and trends surrounding blockchain and cryptocurrencies. It is not, and must not be considered as, financial, investment, or legal advice.
Overall: coinmarketcap.com, coinwarz.com, cryptoslate.com
ETH: etherscan.io, btc.com
BCH: btc.com, cash.coin.dance
LTC, ZEC, XMR, DASH: miningpoolstats.stream
Cryptocurrency topics: orionx.net/blog