BlockDAG presents a new approach to mining, allowing users without expensive hardware to participate in blockchain projects.
Mobile Mining with the X1 App
The X1 app enables users to participate in mining with their smartphones. Users can simply tap to 'mine' and earn daily rewards, which will be paid out after the mainnet launches. This app provides newcomers with a way to explore mining through a game-like setup.
Strengthening the Network Through Hardware Mining
BlockDAG is also actively developing hardware mining, having sold over 18,900 ASIC devices. These devices are designed for energy-efficient block validation using Proof-of-Work. This distribution of hardware helps reduce the risk of mining efforts being concentrated in the hands of a few groups, as has been observed in other networks like Bitcoin.
A System That Combines Mobile and Hardware Mining
BlockDAG utilizes a combination of Directed Acyclic Graph (DAG) and Proof-of-Work (PoW). This hybrid system allows for high transaction processing speeds while incorporating security for users. This is an atypical approach that seeks to encapsulate ease of access for average users and tight network security.
BlockDAG shows that a new approach to crypto mining is possible, combining opportunities for both newcomers and professionals, thus opening doors for a wider audience.