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What is stratum+tcp://equihash.usa.nicehash.com:3357 and how does it relate to cryptocurrency?

avatarBomp ScoutNov 28, 2021 · 3 years ago1 answers

Can you explain what stratum+tcp://equihash.usa.nicehash.com:3357 is and how it is connected to cryptocurrency?

What is stratum+tcp://equihash.usa.nicehash.com:3357 and how does it relate to cryptocurrency?
Stratum
Tcp
Equihash

1 answers

  • avatarNov 28, 2021 · 3 years ago
    Stratum+tcp://equihash.usa.nicehash.com:3357 is a mining protocol that plays a crucial role in the world of cryptocurrency. It enables miners to connect to the NiceHash mining pool and participate in the process of mining various cryptocurrencies. The 'stratum' part refers to the communication protocol used between miners and the mining pool, while 'tcp' stands for Transmission Control Protocol, which ensures reliable data transmission. Equihash is a specific mining algorithm used by NiceHash, which allows miners to mine cryptocurrencies such as Bitcoin, Ethereum, and others. By connecting to stratum+tcp://equihash.usa.nicehash.com:3357, miners can contribute their computing power and earn cryptocurrency rewards for their mining efforts.

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