M1 mining machine officially announces that from February 7, 2022, M1 mining machine officially activates the dual mining function, which is fully compatible with the consensus algorithm of WEB3.0 core network MSD public chain in addition to MSPC. Since then, the M1 mining machine’s algorithm ecology has expanded from a single MSPC to join the MSD network. In the future, the M1 mining machine will produce MSPC and MSD rewards simultaneously, bringing additional lucrative mining revenue to all M1 miners. After the dual mining function is launched, M1 mining machine becomes one of the few physical miners that truly realize dual consensus simultaneous mining, and the objective mining revenue will drive the consensus of the two distributed networks of MSPC and MSD to expand rapidly.
1.M1 mining machine, one machine dual mining, a multi-win advanced mining strategy
Dual mining refers to running two mining algorithms on a specific mining device at the same time and without interfering with each other, so as to obtain the rewards of two consensus algorithms per unit of time, double mining is a more advanced strategy compared to traditional mining.
First of all, M1 machine double mining facilitates the overlay amplification of the consensus degree between the two main networks of MSPC and MSD. MSPC miners are also the maintainers of MSD consensus, and the consensus group joining MSD will inevitably become MSPC miners at the same time. The expansion of consensus is achieved between the two distributed networks through the M1 mining machine.
For the miners of the M1 mining machine, they can obtain another token reward in the form of dual mining with one machine. Dual mining allows the miners to earn more mining income and return to the current cycle faster. It is also more popular in the market.
The M1 mining machine after the opening of dual mining has broken through the limitation of a single MSPC consensus, giving full play to its own hardware potential. The revenue spillover from dual mining also allows the M1 mining machine to continuously add value to itself, which is a positive self-empowerment for the M1 machine itself.
M1 dual mining opens up a new way of collaboration between miners and the mainnet, allowing multiple parties to benefit from the dual mining mode.
2.MSPC early miners become the first beneficiaries of dual mining
In the fourth quarter of 2021, MSPC has listed a total of 100,000 mining machines. All these mining machines will activate the dual mining mode on February 7th. The original MSPC output will remain unchanged and will receive additional MSD rewards. MSPC early miners have the most experience of dual mining and are also the earliest beneficiaries.
In the dual mining mode, M1 mining machines can obtain MSD income without additional costs. The overall mining return cycle is advanced, and the return on investment is greatly increased. The M1 mining machine has far exceeded the early miners in the initial stage of investment.
3.Double mining, driving the trend of MSPC and MSD mining
At present, there are not many physical mining machines with real dual mining function on the market. M1 has realized the super function compatible with the two distributed network consensuses of MSPC and MSD at the same time by virtue of its technical advantages. The M1 mining machine has won the attention of the market with its dual mining, and it has also brought a new hot spot for MSPC and MSD mining. Attracted by the high return of dual mining, many wait-and-see miners choose to enter the mining market. The consensus of MSPC and MSD fission more rapidly. According to the current market demand for M1 mining machines, the sales volume of M1 mining machines in the next one and two quarters is expected to break the growth record set last year.
Dual mining brings up the mining boom of MSPC and MSD, besides the expanding miner groups of the two main networks, the more profound impact is that MSPC and MSD will step into the fast lane of development with the power of the miner groups and make rapid progress towards the mainstream mining coins.
Giving miners more revenue than expected is the charm of the mining industry. M1 mining machine dual mining mode brings infinite possibilities for MSPC and MSD, and the combination of MSPC+MSD with dual mining will open another possibility for the global mining industry.