The NGK public chain project will be launched soon, and the important ecological NGK computing power mining in the project will also be launched, officially opening DPOSS mining. Because of its low energy consumption, low construction cost, and high yield, it will definitely attract the attention of the industry.
NGK computing power mining project is an important part of the NGK public chain, and is the industry’s leading distributed mining solution. NGK provides a safe and efficient cross-chain protocol system for public chains and traditional centralized networks. It is an important tool for solving “data islands” and creating a “blockchain+” business ecosystem.
NGK builds a blockchain commercial public chain that seamlessly connects the blockchain with the enterprise by using blockchain technology and the NGK token economic model to jointly create a global digital credit society.
The NGK team conducted a two-year survey, conducted detailed research on mainstream consensus mechanisms such as POW, POS, and DPOS, and found various problems. POW consumes a lot of energy, costs a lot to purchase mining machines, and is highly specialized. It is impossible for ordinary users to build their own mining pools or even mines. The POS/DPOS mechanism unable to generate revenue for ordinary users through mining, and the centralization benefits are obvious.
NGK chose the DPOSS mechanism that everyone could participate in and easily get started as the basic consensus mechanism for NGK computing power mining, which is to use USDN to purchase computing power from block producer. USDN is the stable currency of the NGK public chain, which could generally be obtained through mainstream currency or NGK token exchange. Block producers integrate attributes such as mining machines, electricity, network, and computing capabilities, and realize computing power mining by connecting to APP. The advantage of this model is that the threshold is low to allow ordinary users to participate, and the level of specialization is low, and the energy consumption is low.
When people hear of mining, they feel that it is a very expensive and difficult thing to get started but NGK had changed this situation. Having a mine at home has always been a joke, and the NGK computing power mining ecosystem realizes cloud mining through the DPOSS mechanism, making this joke a reality.