Blake2B-Sia

The Blake256 hash algorithm has increased security and effectively gives out the estimations required for mining. Because of this, the miner is very good at mining cryptocurrencies. It cannot be denied that it is helpful for mining digital currencies and results in efficient mining.

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Blake2b miners are used to mine cryptocurrencies using the Blake2b hashing algorithm. It is a fast and highly encrypted algorithm developed for 64-bits platforms. The Blake2b algorithm is best worked with mining specific cryptocurrencies such as Verge and Siacoin. A Blake2b miner can process up to 1 Gb/s, marking its greater efficiency. Blake2b diggers can perform computations a lot quicker and more efficiently.

What Is Siacoin (SC)?

Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the "backbone storage layer of the internet."

Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.