Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: drake|livepeer on March 14, 2022, 06:38:06 PM



Title: Mining LPT
Post by: drake|livepeer on March 14, 2022, 06:38:06 PM
Hey guys I wanted to give you all an adjacent GPU mining opportunity at Livepeer. The protocol is built on Ethereum and has been around since 2017. Its purpose is to provide decentralized video transcoding for web3 platforms looking to migrate off of centralized streaming services (AWS, Google, etc.)

We’ve seen people profitably co-mine alongside ETH (and other PoW protocols) with only a slight performance hit. Benchmarking stats can be found here:
https://docs.livepeer.org/video-miners/how-to-guides/dual-mining

Livepeer has just migrated to L2 on Abitrium, so now is decent time to join– there are 11 node operator slots currently available. Just want to inform those who might not be aware of the project. Full transparency, I am a core contributor on behalf of the protocol.

Let me know if you have any questions; feel free to check out the whitepaper at Livepeer.org

Thanks,
Drake