Is Alph the next Kaspa? Is it worth the investment? And how to mine Alephium? Let’s find out the answer from our article.
What is Alephium (ALPH)?
Alephium is an operationally sharded L1 blockchain built on a novel and complete sharding algorithm called BlockFlow. It improves BTC’s UTXO model to make it scalable and uses a DAG data structure to reach consensus between different shards, which will allow up to 10,000 transactions per second (currently over 400 TPS, compared to Bitcoin’s 7 TPS). Alephium proposes a stateful UTXO model that provides layer 1 scalability and the same level of programmability as the account model implemented on ETH while being more secure. PoLW is Alephium’s consensus algorithm. It optimizes the network’s energy consumption without compromising its security and decentralization.
Alephium (ALPH) Price Prediction 2024, 2025–2030
According to the Alephium price prediction from Coincodex.com, the price of Alephium is predicted to rise by 228.43% and reach $ 6.19 by September 1, 2024. Per their technical indicators, the current sentiment is Neutral while the Fear & Greed Index shows 57 (Greed). Alephium recorded 14/30 (47%) green days with 27.21% price volatility over the last 30 days. Based on the Alephium forecast, it’s now a good time to buy Alephium. (by coincodex.com)
Top Pick Asic Miners for Alephium Mining
Therefore, we can see that Alph’s prospects are worth looking forward to. As a long-term investment, the best way is to join the ranks of mining.
Recently, several major manufacturers have launched mining machines, including Goldshell, Bitmain, and Iceriver. At the first round, Goldshell launched AL BOX 360G, and then AL BOX II 720G. These two machines have just entered the market and brought very good popularity.
In July 2024, Bitmain launched AL1 15.6T, which attracted great attention among all mining machines, with daily income reaching $1000 per day. Then Iceriver also released AL0 400G ALPH miner, with an official price of $799 after it. Although the hashrate is far less than AL1, it is indeed the cost-effective choice, suitable for home mining and the miners who try to invest in Alph.
If you want to start the journey of mining Alephium, Contact Yesmining to get more information.