Cloud Mining is carried out on StormGain equipment and does not use the power of users' devices. Mining does not use any CPU, battery, graphics cards or other hardware resources on users devices. Users are able to manage and view transactions via the Stormgain application for cloud mining ONLY. Mining is carried out on equipment owned by Stormgain.
Ethereum Cloud Mining Calculator Gpu Vs Cpu Bottle
"The millions of GPUs out there that are mining cryptocurrency, ethereum, zcash, grin, monero, they have video encoding on those chips that can't hash cryptocurrency," Doug Petkanics, Livepeer's founder, explained to CoinDesk in a phone call. "They are sitting there doing absolutely nothing."
In other words, if a mining farm is mining monero, it can keep doing that. Once Streamflow goes live on the ethereum mainnet, however, the GPUs in that farm will be able to also earn both ETH in fees and Livepeer's LPT token in block rewards for using the currently untapped video transcoders. 2ff7e9595c
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