African Web3 Developers Volume #13
Attention: Ever wondered what an ASIC miner actually is?
Interest: ASIC miners have grown in popularity because they have solved all the problems that have been hampering Bitcoin mining. They have been introduced to take over the crunching of computations in the mining process, which can be done more efficiently and more quickly by the ASIC miner.
One of their major advantages is that they use little electricity, which means you can power your rig with a small solar panel or a battery pack. This can be a great way of making a profit while offsetting your carbon footprint and getting rid of your power bill.
Desire: Want to learn how to buy an ASIC miner?
An ASIC miner is essential to Bitcoin because it’s the only device that can use the SHA-256 algorithm, which was created by the NSA in 1995. This algorithm makes it difficult to create fraudulent blocks or alter past transactions.
The good news is that all these benefits come at an affordable price. The best ASIC miner has an entry level price of $500 and electricity costs around $0.025 per Kwh.
Action: Buy an ASIC miner today!
👐 CHECK OUT AND GET INVOLVED:
⚒Upcoming Hackathons, Workshops, and Information Sessions:
- Hackathon: The best happening in December
- 📺 More info: Here
2. Workshop: Web3 Workshop — Building Your First Dapp
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3. Grants:
DoraHack Grants
- View Information about Grant: Here
Gitcoin Grants
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Video 📺 : Watch, discover and learn: A web3 Journey
Video 📺 : Learn Blockchain, Solidity, and Full Stack Web3 Development with JavaScript — 32-Hour Course
Video 📺 : Solidity, Blockchain, and Smart Contract Course — Beginner to Expert Python Tutorial
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We do this enormously for your edification and appreciation.
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