Many people now start with CFX mining. However, what is it and why is this blockchain so popular?

Conflux is a public blockchain focused on developing decentralized applications (dApps), creating smart contracts and making simple payments. In simple words, Conflux is an exact copy of all known Ethereum or EOS, only more scalable and flexible.

Conflux Token (CFX) is an open source blockchain without permission that connects Asian and Western communities and economies to ensure the secure flow of assets and data across borders, protocols and applications. The Conflux Network itself is the brainchild of researcher and Turing Award winner Dr. Andrew Yao, who has set himself the task of solving the key problems of blockchain - security, scalability and decentralization.

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Features of the project

The young creator has been collecting funds for his brainchild for several years. The collection ended last year and the project was launched. The first users having researched it highlighted some features that will be useful to know before starting work:

* In order to mine, you can use it with a video card, along with other devices of high computing power;

* Generation of two blocks per period;

* High ability to pass transactions;

* Available development environment.

The project is supported by the largest shareholders and capitalization of about a billion dollars.

How profitable is it to mine?

In order to profitably work with this cyber currency, you can go free floating and work independently. But only if there is enough serious computing power. But in the case when the technical capabilities are weaker, it is better to use the pool.

The pool, of course, takes a commission, but at the same time provides tasks that you can choose from the calculation of your capabilities. By connecting the ASIC to the server, you can be sure of receiving the reward.

Many newbies are wondering which device is the best to use. Experienced miners answer that you need to use all available features and devices. There are not many options for expensive and powerful ASIC or video cards. Both can be purchased as property, or can be rented.

Rental services are in great demand today for several reasons. Firstly, manning devices consume a lot of energy and create wild noise, this applies to ASICs. Secondly, you do not need to look for a place for your device, it is already installed and connected.

Here it should be remembered that you need to beware of scammers. There are quite a few of them on the network and all offer to do all the work for the user.