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BlockDAG Prepares for Launch: Over 19,000 Miners Distributed and $376M Raised

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by Giorgi Kostiuk

2 hours ago


BlockDAG, a new player in the blockchain market, has already set impressive records ahead of its official launch. More than 19,000 miners are distributed globally, with a total investment of $376 million.

Inside BlockDAG’s Mining Architecture

The BlockDAG system merges Directed Acyclic Graph (DAG) with the security of Proof-of-Work (PoW). This ensures high transaction throughput while securing the network at Bitcoin-level security. A key feature of BlockDAG’s equipment is its flexibility, catering to devices ranging from smartphones to large-scale ASIC rigs.

1. X1 Mobile Miner – Accessible to All The X1 app transforms any smartphone into a BDAG miner, earning up to 20 BDAG daily.

2. X10 Miner – Easy Entry Hardware The X10 provides accessible mining without noise and minimal energy consumption.

3. X30 Miner – Balanced Mid-Tier Rig The X30 combines high performance with energy efficiency, ideal for semi-professional setups.

4. X100 Miner – Industrial-Grade Beast The flagship X100 ASIC rig is designed for large operations aiming to capture substantial PoW share.

Importance of 19,000 Miners

The establishment of a network with over 19,000 miners pre-mainnet emphasizes BlockDAG’s unique strengths:

* Decentralization from the start, preventing centralized control. * Instant chain security with substantial hashrate. * Long-term incentives for hardware owners to support network health. * Global distribution that avoids region-based centralization.

Tech Innovations Powering BlockDAG

The hybrid DAG-PoW model addresses the longstanding blockchain dilemma of speed vs. security. Allowing multiple blocks to be confirmed in parallel significantly increases throughput while ensuring blocks are verified through computational effort via PoW. Key advantages include:

* High TPS, reaching thousands compared to Bitcoin's 7-10. * Low latency for fast transaction finalization. * Energy diversity with adjustable difficulty across device types. * EVM compatibility for easy migration of Ethereum-based applications.

The previously recorded achievements of BlockDAG signal a stable foundation for future growth and success. The combination of miners and investments establishes a unique platform ready to dominate the market upon mainnet launch.

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