The main purpose of forming QTC was to make mining process more doable for an average person. The existing mining infrastructure has a number of flaws that prevent blockchain from being as distributed search engine
as it could be. The initial expenses of mining from the other mining networks are high. Cryptocurrency mining has made it extremely difficult for the average person to mine, as it requires a great deal of expertise about specific devices. Not only that, it also demands a large amount of resources which makes mining more difficult and time-consuming. So, the average person is reluctant to mine.
To make the mining process less expensive and more doable the Qitcoin mining system uses hard disk storage. Now, anyone can mine with QTC. Because Qitcoin is devoid of these issues, it does not consume high energy. It also does not necessitate any special equipment or professional skills. It built on the CPOC consensus algorithm. According to the software’s economic model; it creates a block every three minutes which boasts 3000P network capacity. Thus, it is eco-friendly.
A simple and decentralized system of Qitchain creates a more secure and well-run product. We believe that the Qitchain QTC will finally be the one to tackle the problems that have plagued internet users for the past two decades. We are grateful for its innovative mining method. Finally, the community will have a voice.
How does it work?
QTC mining process fills the hard disc plot with SHABAL algorithm and hash values. The transaction then carries out between peer-to-peer networks made up of Bitcoin-based wallets. The following step calls ‘forging,’ and it involves miners to interact with the network group via the wallet system. When the wallet acquires a block, it starts processing the following block. The wallet also organizes the block and sends the hash values to the miner, attempting to determine the best corresponding nonce. Nonce will now establish a time limit. The block is ready to broadcast when this limit is reached. After the broadcasting of block, verification is urged.
How Qitcoin help Miners?
The PoW process consumes more energy. It forces miners to transfer currency, causing the mining economy to fall. This mechanism creates monopolies, driving ordinary people out of the market because it requires specialized equipment and in-depth expert knowledge.
Qitcoin has implemented a Proof-of-Capacity (PoC) system that allows anyone to participate in mining. It allows miners to join with ease because all they need is a hard disc, which is readily available on the market. As it consumes low power consumption, it becomes easier for miners to forecast their earnings. It also aids in lowering the danger of price fluctuation in the secondary market.
As a result, the Qitcoin ecosystem is the one that can answer miners’ problems with its easy, innovative, and low-cost mining process.
How does the Turbo Plotter solve problems for Miners?
Because the Qitchain Turbo Plotter spends less time plotting and more time mining, more profit accomplishes in less time. This plotter works with both CPUs and GPUs. It has the added benefit of employing an SSD disc as a staging device before writing to the final hard drive. This disc aids the user in speeding the plotting process. However, a big SSD drive is required to make it worthwhile. It is the best plotter that can assist miners in eliminating time-consuming old techniques.
The Qitcoin QTC plotter is an easy one-page webpage that is quick and ideal for externals. Open co-function is supported by both CPUs and GPUs. The pro version of it can run up to eight GPUs simultaneously, demonstrating its efficiency.
There is no hassle caused when calculating nonce counts because this application does everything smoothly. This plotter appears to be the finest solution for getting rid of the weeklong process because it allows users to plot overnight. It has actually aided miners in achieving easier and faster growth. There is no limit to the number of plots that can run at any given moment. If your hardware can handle it, you can plot as many as you like.
Turbo plotter has a cool feature that helps users to verify their plots. It only writes optimum plots; after plotting, it determines whether the plot is good or not. If only green boxes appear on the screen, the plot is good. However, if people see red boxes, there is an issue with the plot, and the user will most likely need to re-plot it. At the end of the plotting phase, the contents of the temporary files compress and move to the destination plot file. Users can save the extracted file to the user’s preferred location.
The Qitcoin Turbo Plotter displays two graphs: Compute graph and Write graph. Computation displays the GPU’s or computing performance in nonce per minute. It displays the number of gigs completed and estimates the completion time. Following this, it imports the plot file that the user just generated. After that, the mining process begins immediately.
As a result, turbo plotters enable miners to boost their processing power and efficiency by allowing them to operate multiple instances and queue up to 32 discs per order.
How to use Turbo Plotter
Users need to plot before they start mining. When a user starts plotting the hard drive through Qitcoin Turbo Plotter
, a list of all potential nonce values generate along with the account ID of a miner.
A nonce is a set of numbers or a range of numbers with which one wants to begin their plot. If someone is creating their first plot and wants to begin with 0 and plot a hundred thousand nonces, the next plot should begin with one hundred thousand and one, implying that each plot should have its own nonce range.
Each nonce value in the list has 8192 hashes that are sequenced from 0 to 8191. Within the hashes, scoops (a pair that combines two adjacent items) are created. All hashes that are next to one another are coupled in duplet. To explain, suppose that hash 1 and hash 2 are adjacent to each other, so they form scoop 1. Likewise, this goes out till the end.
The contents of the temporary files compress and relocate to the destination plot file at the end of the plotting phase. The generated file can export to the user’s preferred location. After the plotting process gets complete, users can open and import the newly created plot file. After then, the mining process begins right away.
The hard disc plot file is filled with hash values and SHABAL algorithm by miners in the QTC mining process. Following that the transaction carries out between peer-to-peer networks made up of Bitcoin-based wallets. After that ‘forging,’ involves miners interacting with the network group via the wallet system. When the wallet receives a block, it starts processing the upcoming block. The wallet also arranges the block and sends the hash values to the miner, attempting to identify the best relevant nonce.
Thenceforth, nonce sets a time limit; when this limit reaches, the block is ready to
broadcast. In the end, after broadcasting of block, verify.
Turbo Plotter is live for Miners
Great News! Qitchain Turbo Plotter is live now. You can purchase an infinite edition of Turboplotter; we provide this plotter to our miners for only 1 QTC. Send an email to [email protected]
to make a purchase right now.
In a nutshell, using Qitcoin Turbo Plotter spends less time plotting and more time mining, which means users can earn more money can in less time. It works with both CPUs and GPUs and has the advantage of employing an SSD drive as a staging drive which helps to speed up the plotting process.
It is the best plotter that can assist miners in eliminating time-consuming old techniques. As a result, it enables users to complete plotting tasks in a single night. It has aided miners in achieving easier and faster growth.