Poldot Mining is Leveraging Advanced ASIC Technology to Increase Bitcoin’s Hashrate

In a world that acknowledges the potential of cryptocurrencies, Bitcoin remains at the forefront, creating opportunities for businesses globally. One such company, Poldot, is based in Nigeria and is showing us just how far-reaching Bitcoin has become.

Metu, the executive director of Poldot Mining, disclosed in a video that the miners employed by her company are earning $7 daily. The miners showcased in the video are identified as the A11 78TH model Avalon miners, a product of the esteemed company, Canaan Inc. Canaan is credited with the invention of the world’s first ASIC-powered Bitcoin mining machine in 2013, a development that significantly accelerated the growth of the hashrate within the Bitcoin mining sector.

Canaan’s Avalon machines have helped fuel the evolution of Bitcoin mining, transforming it into a global phenomenon. It has enabled companies like Poldot to leverage advanced technology and increase their overall hashrate, thereby enhancing efficiency and profitability.

The strides made by Poldot in Nigeria are reflective of the wider adoption and acceptance of Bitcoin mining across the globe. It underscores the universal appeal and the boundless opportunities that Bitcoin mining presents, regardless of geographical locations.

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