PROHASHING announces the official release of the Octopus algorithm

With the mid September Ethereum merge looming, PROHASHING's GPU miners have the option of switching over to a handful of other GPU mined coins, and that list now includes Conflux.
By: PROHASHING, LLC
 
STATE COLLEGE, Pa. - Aug. 29, 2022 - PRLog -- PROHASHING, LLC has officially released Octopus, one of two algorithms being added to its arsenal in anticipation of the upcoming Ethereum merge from Proof of Work to Proof of Stake mining. Having recently added the GhostRider algorithm in an effort to increase the number of options for CPU miners, PROHASHING has turned its attention to its GPU mining customers.

"Ethereum is moving to Proof of Stake, and with the Ethash algorithm no longer being an option, we want to offer some additional GPU coins to our Proof of Work miners," stated Steven Godshall, Director of Financial Engineering, "Conflux blocks are found more frequently than with other coins like Ethereum Classic or Ravencoin, so PPLNS and Solo mining could be more viable for smaller miners with this coin."

Now that Octopus has been released, PROHASHING engineers are taking another step toward increasing its number of available GPU algorithms by working on the implementation of Ergo coin's Autolykos2 algorithm. PROHASHING miners can expect to see Ergo mining available mid September before the Ethereum merge.

To start mining Conflux with PROHASHING, read the updated GPU Quick Start guide at https://prohashing.com/guides/gpu-quick-start, or go straight to the PROHASHING Worker Configurator at https://prohashing.com/tools/miner-configurator/Octopus.

PROHASHING, LLC is a trusted US based cryptocurrency mining pool founded in December 2013 and officially launched in August 2014. Its focus is on providing an accessible, transparent, and secure platform, as well as reliable customer support, to cryptocurrency miners located around the globe, while also remaining legally compliant. More at https://prohashing.com.

Contact
Sarah Manter
Director of Communications
PROHASHING, LLC
***@prohashing.com
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Tags:Cryptocurrency Mining
Industry:Software
Location:State College - Pennsylvania - United States
Subject:Features
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