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How does genesis mining allocate resources for different cryptocurrencies?

avatarTour BranchMar 28, 2022 · 3 years ago1 answers

Can you explain how genesis mining distributes resources among various cryptocurrencies? I'm curious about the factors they consider and how they ensure a fair allocation.

How does genesis mining allocate resources for different cryptocurrencies?

1 answers

  • avatarMar 28, 2022 · 3 years ago
    Genesis mining, like other mining operations, allocates resources for different cryptocurrencies based on their mining power and profitability. They have a diverse portfolio of mining equipment that can be allocated to different cryptocurrencies based on their specific requirements. This allows them to mine a wide range of cryptocurrencies efficiently. Additionally, they continuously monitor the market conditions and adjust their resource allocation strategy accordingly. This flexibility enables them to adapt to the dynamic nature of the cryptocurrency market and maximize their mining output.
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