Raptoreum represents a type of digital currency that can be mined on systems resistant to ASIC and FPGA, as long as you possess a CPU. It empowers everyday people to earn rewards through their mining activities. The system facilitates mining of this cryptocurrency using a CPU-based platform, impervious to ASIC and FPGA mining methods. Consequently, participants can earn RTM mining rewards without the requirement to spend on expensive mining equipment, making it one of the most user-friendly platforms accessible.
GhostRider
Now that you understand that Raptoreum uses work credentials to back up its blockchain algorithm, use GhostRider, a new algorithm optimized for the CPU to mine the cryptocurrency. What the news says about the cryptocurrency’s GPU miners is by no means unknown.
Raptoreum is, as far as I can tell, the most profitable CPU coin crypto this month. In fact, I think it’s the most profitable thing you can currently run on your CPU. It’s a serious project and as of mid-2018 no miner contains anything malicious or harmful, so go through the source code and check it.
What is Raptorium blockchain?
One can imagine the Raptoreum blockchain as an open public register in which transactions are built on blocks. It enables the creation of assets and smart contracts in a secure way. The future of the Raptoreum looks great with the development of a new type of Smart Contract Smart Node Network Layer that will execute smart contracts on blocks of the blockchain.
Smart Contract
No ASICs and FPGAs suppored
With a platform resistant to ASICs and FPGAs, Raptoreum miners will be able to use old and redundant hardware for decentralized mining. Raptoreum’s user-centeredness and ability to decentralize network functionality will allow for multiple uses.
The platform was built by the Raptoreum team to prevent the use of ASIC and FPGA-oriented hardware. The same platform can be simple, flexible, powerful, and scalable.
Each exchange has its own way of setting up a trading account, so I will skip this part of the guide, but most exchanges are affiliated first and have a much simpler setup process than Coinbase. If your financing is done with Bitcoin or Ethereum and you have already bought something, the setup should take much less time.
Since Coinbase allows the purchase of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, you must transfer your BC and Ethereum investments to a cryptocurrency exchange. There is a stock exchange that trades Raptoreum (RTM) and all you need is your account or ETH wallet ID.
Once you have set up your trading account on the stock exchange, you simply have to transfer all your BTC / ETH from Coinbase to the stock exchange.
Raptoreum has taken a step into the CPU mining community with its innovative algorithm GhostRider, which was developed specifically for mining Raptoreum. The GhostRiders algorithm is ASIC and FPGA resistant, making it a perfect coin for ordinary people with their CPUs. Raptoreum mining fixes the issue of centralization that often comes with ASIC and FPGA mining, allowing for a more decentralized and accessible mining experience. With GhostRider, Raptoreum has leveled the playing field, giving everyday CPU users the opportunity to participate in mining and earn rewards. This new approach to mining is creating a buzz in the community, and many are excited about the potential for Raptoreum to become a leading player in the CPU mining space. Additionally, Raptoreum’s focus on CPU mining opens up opportunities for individuals who may not have the resources to invest in specialized mining equipment. This inclusive approach to mining also aligns with the growing interest in environmentally-friendly and sustainable cryptocurrency practices. With its unique algorithm and commitment to accessibility, Raptoreum is worth exploring crypto art and could pave the way for a new wave of CPU-focused cryptocurrencies.
The name Raptoreum comes from a team with extensive security experience and high-level capabilities that cover all aspects. Their unique strengths in the crypto community can be used for a successful project. The name is derived from the Victoria term for birds of prey, meaning that in this case, it is a place that affects birds of prey.
Some Raptoreum’s History lessons
Raptoreum’s launch began with a simple idea: Introduce smart contracts that enable trustless online transfers (Goodbye central marketplaces like Ravencoin) and codebase automation of assets (RTM) on the platform. FPGA is becoming more widespread and offers a way to outperform smaller operations without centralizing profits for smaller coins.
This is an ideal opportunity to get into the hands of cryptocurrency mining equipment. Chinese e-commerce giant Alibaba announced on Monday that it will stop selling cryptocurrency mining devices on its platform from October 8.
