What does Caiyun Bitcoin mean (Caiyun Bitcoin Mining Pool)?
What does Caiyun Bitcoin mean? According to official sources, Caiyun Bitcoin me
What does Caiyun Bitcoin mean? According to official sources, Caiyun Bitcoin means “lightning” and “mining machine” in Chinese. Various software running on the Caiyun platform utilizes Bitcoin technology. For example, Charles Hoskinson, the author of the Bitcoin whitepaper, the vice secretary general of the Blockchain Branch of the China Computer Federation, and the chief scientist of Baidu, is a part of Caiyun Bitcoin. Caiyun Bitcoin is an open-source protocol composed of seven different components: consensus algorithm, smart contracts, transaction system, and cryptocurrency. These components are based on the underlying framework of blockchain technology, which supports the issuance and trading of any digital assets or other virtual goods. One of these components is called “Caiyun Coin,” which is a cryptocurrency used for data storage, processing, and transmission through the network, providing anonymity.
Caiyun Bitcoin Mining Pool
Caiyun Bitcoin Mining Pool (Genesis Mining Pool) is developed by Caiyun Technology Holdings Limited, based in Singapore. It is a global digital currency mining service provider.
Caiyun Bitcoin Mining Pool aims to create the world’s first “shared computing power” system product. By combining distributed storage with AI chips, it ensures data security, privacy, and safety. The “computing power interconnection” technology will create more wealth benefits for users. The Caiyun Pool has recently completed the delivery of the first round of 1000T hosted Bitcoins and has launched the POS machine gun pool mode. It is expected to officially start operating in September.
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