2020, the birth year of the computing power infrastructure

Updated on Feb 25, 2020 at 8:04 am UTC by Tanvir Zafar · 5 min read

Computing power is the fuel of our technologically advanced society. In order for us to continue development, it needs to evolve and be better for us just as well.  

Just about every aspect of human life has become infiltrated by disruptive, progressive technology. The most innovative individuals and companies across the world are the ones who know how to involve technology in the most crucial aspects of their operation, thus ensuring that they can effectively scale and optimize their functionality while also maintaining the right levels of profit.

The need for computing power to change with the times

However, just like everything it’s important for technology to also change and be able to keep pace with the times. Considering the spike in its demand level and the fact that more and more companies are coming to rely on some form of technology or the other- including and especially the Internet- for their operations, computing power has now become more of a necessity.

Decades ago, we had devices that were unable to function at the levels we’re seeing today. Computers were significantly limited, and even the biggest of them would have taken ours to conduct simple mathematical processes. Now, it’s much different- people have the power of the entire Internet on their fingertips, and we are getting so much done than we ever imagined was even possible.

Still, it’s just not enough- and in times such as this, it’s important for computing power optimization to be at the forefront of technological discussions. The advent of blockchain and cryptocurrencies, artificial intelligence, and communications wonders such as 5G technology has ensured that firms and individuals are moving at speeds we didn’t believe was possible. If the platforms we’re running all of these processes on aren’t moving at the same pace we are, then we’re looking at a future when things become much bleaker.

Computing power is the fuel of our technologically advanced society. In order for us to continue development, it needs to evolve and be better for us just as well.

Innovative technologies have been of great help 

Of course, this hasn’t left us all without hope. Thanks to several technological advancements, we now know that there’s a way to do more and use less in compute power. While progress isn’t near a level when we can all be safe in the future of technology and the Internet, there’s no doubt that we are making a lot of progress nonetheless.

Over the years, blockchain technology has become one of the vanguards of technological optimization. The blockchain- a public ledger where details and transactions are being kept- is being explored by individuals, companies, and governments, with everyone seemingly interested in how it could possibly help them to do their jobs better.

Now, it doesn’t matter what industry you belong to- there’s a significant chance that blockchain will find you. Aviation, finance, sports, retail, and many more industries are feeling the blockchain revolution in our way or the other. There are firms making use of cryptocurrencies to make and accept payments, while others store records on the blockchain itself. The result has been role and function optimization levels, the likes of which we haven’t seen before.

Case study: RRMine

In the financial space, one of the most revolutionary products has been RRMine; a decentralized computing power asset management and trading platform that uses blockchain to provide an open and transparent system for trading and asset management to customers across the world. RRMine is the world’s first decentralized platform based on blockchain technology. It has been in operation since 2017, and in that time, the company has been able to deliver the same level of operational efficiency despite the volatility of the crypto space.

The platform has cooperative large-scale data centers. The company has almost 20 data centers across the world, scattered in countries – 20% in the United States, 50% in China (especially in areas that have a high level of hydroelectricity such as Sichuan, Yunan, and Guizhou), 10% in Russia, and 15% in Canada.

Of course, RRMine isn’t just a crypto computing power platform. The service acts as a cross-industry computing power asset trading platform that combines computing power from platforms such as AI, crypto, and IPFS.

On RRMine, there are over 100,000 sets of computing machines, all of which provide thousands of Petahashes per second. They work in tandem, forming a global distributed computing power supply network and accessing the RRMine platform through the global TOP10 mine pool. Users can hold a computing power contract for up to 3 years.

RRMine also has an unique platform technology known as RRP (RRPool), which ensures the real-time delivery of computing power in each transaction. As it is with every other blockchain platform, processes being carried out on here are auditable and transparent, while users can rest assured that all their transaction data are on the BHP public chain- traceable, available in real time, and tamper proof.

Blockchain, News
Tanvir Zafar
Author: Tanvir Zafar

Tanvir Zafar is a Cryptocurrency enthusiast by day, stand-up comedian by night. Having 4 years of experience in writing about Cryptocurrency, Big Data and Blockchain+AI related content. You can also find him featured on investing.com, e27.co, hackernoon.com and many other big Crypto publications

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