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Project Overview
Gather enables websites to earn from users who simply browse the site with its code embedded. Cryptocurrencies can be mined using the users' idle processing power with a CPU or GPU. The Gather ecosystem is derived from the processing power generated by the hardware layer and securely transferred back to the application layer via the protocol layer. Stakeholders are incentivized with $GTH to generate revenue by providing processing power for the hardware layer and to maintain a healthy network for the application layer.
Related news
Zcash mining rewards per solo machine are about 2x Bitcoin's, with roughly 4x higher reward per unit of electricity
Odaily News: Crypto asset management firm Grayscale estimates that Zcash mining rigs generate daily mining rewards roughly 2x those of Bitcoin mining rigs, and about 4x on a per-unit-of-electricity basis. Zcash mining activity has grown to more than 2.5x its level at the start of the year.Zach Pandl, head of research at Grayscale, said that at current valuations, Zcash mining profitability is relatively high, as token price gains have driven up mining rewards and encouraged more hash rate to join. Grayscale believes that more hash rate can support network security.The comparison uses the Bitmain S23 Hydro and Bitmain Z15 Pro as samples, assuming an electricity price of $0.05 per kilowatt-hour, full-load operation, and excluding transaction fees. Pool fees, cooling, other operating expenses, and equipment costs are not included in the calculation, and actual profitability is still affected by these factors.Bitcoin miners' total daily rewards are about $35 million, higher than Zcash's roughly $2 million. Grayscale's Zcash investment product assets under management surpassed $500 million on September 8 and recorded more than $70 million in cumulative external inflows. (Bitcoin.com News)
Bitcoin Hashprice Rises 20.41% in Four Days, Miner Revenue Climbs to $38.29/PH/s
Odaily News: Bitcoin's Hashprice has increased by 20.41% over the past four days, rising from a daily rate of $31.80/PH/s on August 18 to $38.29/PH/s on August 22. Hashprice is used to measure mining revenue corresponding to a specific amount of hashrate, and this increase has boosted miner income.As of August 22, a total of 133 large, medium, and small mining pools, along with individual mining operations, contributed hashrate to the Bitcoin network. Mining pool Foundry USA led with 214.73 EH/s, followed by Antpool with 156.17 EH/s and F2pool with 110.62 EH/s, while ViaBTC recorded 91.02 EH/s.The Bitcoin network's total hashrate has risen to approximately 922 EH/s, approaching 1 ZH/s. In August, miners have so far earned $682.69 million from block subsidies and transaction fees, of which transaction fee revenue accounted for $5.14 million, lower than July's $875 million.On August 22, the average block interval on the Bitcoin network was 10 minutes and 5 seconds, with current data indicating an expected difficulty adjustment of approximately -1% for the day. Based on an electricity cost of $0.10 per kilowatt-hour, the Bitmain Antminer S23 Hydro 3U is projected to yield an estimated daily profit of $17.86. (Bitcoin.com News)