Historical back testing was conducted against the Abelian proprietary mining optimization AI algorithm to estimate mining profitability improvement between October 2015 — October 2018.
The results illustrate that the Abelian platform has the capacity to improve mining profitability on average between 40% to 80% (when only accounting for a small subset of coin options).
The testing was conducted for GPU mining and SHA-256 ASIC mining, with each test condition assuming three mining strategy scenarios:
Daily cash out: assumes the miner is exchanging mined coins into USD daily
Yearly cash out: assumes the miner exchanges mined coins into USD on a yearly basis
Daily exchange into Ethereum/Bitcoin: assumes the miner is accumulating Ethereum/Bitcoin over time
Testing scenario has assumed that the GPU miner is accumulating Ethereum and the ASIC miner is accumulating Bitcoin. This allows a comparison between mining one coin directly (Ethereum or Bitcoin) and mining other coins to exchange for Ethereum/Bitcoin (utilizing the Abelian platform).
GPU Mining — Abelian Artificial Intelligence Performance Summary
In all three scenarios, back testing indicated a profit/performance increase between 42.1% and 78.9% when utilizing profit optimal activity switching on the Abelian platform (compared with mining Ethereum only).
ASIC Mining — Abelian Artificial Intelligence Performance Summary
The daily cash out and daily exchange into Bitcoin scenarios indicated a profit/performance increase of 37.6% and 41.3% respectively.
The yearly cash out scenario saw a profit/performance decrease of 26.9%. The decrease in profitability in this scenario was due to the massive price correction of Bitcoin Cash relative to Bitcoin.
Abelian’s goal is to improve mining performance and profitability for commercial and private miners. The results of the AI back testing outline the performance optimization capabilities on the Abelian platform, with potential to significantly increase profitability for mining operations.
It is important to note that back testing only included five coins as mineable coins on the Abelian platform. In reality, the Abelian platform is able to support a much wider scope of cryptocurrencies, which could increase mining profitability percentages seen in these results.
For further information on our platform, visit our website https://abelian.tech or come chat to us on Telegram: https://t.me/abeliansolution
