Abelian Technology Platform Specifications
In the previous article, we looked at the technical aspects of how Abelian mining will operate in an efficient and automated way. Analogous to the technical aspects, there are also platform specifications that need to be further dissected. A reason why Abelian’s approach to collective mining is beneficial to miners is that of one headlining factor: mining rewards will be sent directly to miners’ pockets. This initiative helps solve one of the largest security threats in crypto which is the offensive of hackers to steal coins from a centralized source. Consequently, this will also give miners tighter controls over their own digital assets — the individual can finally have economic freedom.
It is obvious that each individual miner will have varying mining rigs, so each person will need to be optimized relevant to their own personal set-up. Right from the start, Abelian will begin supporting X11, Scrypt, Equihash and SHA-256 algorithms. They are currently exploring the use of Argon2d with the realistic expectation for that to become a part of the growing list of supported algorithms. With a holistic approach for sustenance, the Abelian platform will be capable of mining more than 200 coins. Broad coin adoption is a selling factor for new and current actors in crypto-mining.
As many of you already know, a large part of crypto volatility has to do with security. For each mining participant, security should be at the top of your list. In what is still a free and open market, there are a lot of bad actors trying to manipulate individuals and steal their assets. As security is increasingly a threat, the growth of two-factor authentication is simultaneously becoming more relevant in the crypto world. Abelian most definitely has implemented two-factor authentication for the mining platform. They have also added additional security measures to ensure that user and account managers operations are private and secure.
As the individual miner regains more control over their mining operations, they will require dynamic tools that will allow them to have some oversight of their operations. The Abelian dashboard is expected to fill that need with real-time mining data. The dashboard will consist of the average mining profitability of the different mining algorithms alongside the average earnings of those setups. Additional to live profitability, the dashboard will also display the expected payouts to miners per base computation power, live working blocks, owed payouts, electricity usage, as well as a growing list of useful information miners, require to specifically optimize their own mining needs. In general, this streamlines the mining process and increases the ease of entry for potential miners.
With all these tools instantly available to miners, there needs to be some sort of blanket that will ensure all the calculable data is accurate. To make sure everything is operating at optimal levels, monitoring becomes more relevant. With Abelian Technology, monitoring software will collect information continuously, actively determining the performance of the system. The data will automatically be analyzed. Alarms will be triggered based on certain algorithms, hash-rate, and some predefined events. These alarms will notify users to allow real-time operational data on one’s mining endeavor.
To maintain the global characteristics that crypto is known for, Abelian’s mining platform will offer multiple languages to support users from different countries. In addition, they will be offering a responsive web application interface that will be optimized for mobile devices and tablets.
When looking at the current set of companies dedicated to crypto-mining, there are many obvious differences between them. Some focus on central aspects of mining algorithms and profit distribution. Others try and make it as basic as possible so not too much effort needs to put into mining, thereby lacking all the tools you need to make informed decisions. The main objective of Abelian is trying to cover is the decentralization of mining operations, as well as provide the appropriate tools for miners to make informed decisions based on real-time data. Encompassed in this vision includes a wide-support and algorithmic implementation for the different hardware. Security is also a top priority, so two-factor authentication and additional security features are necessary. A mining platform wouldn’t be complete without user accessible mining data. This will include profitability, electricity use and much more. With each individual’s preferences established, monitoring will occur to maintain optimal mining. With an open and multinational product, Abelian has separated themselves from the pack, giving users a complete and easy user experience.