Categories: Bitcoin Latest News

Lincoin Technologies Launches Rails Programming Tool For Bitcoin Miners

Lincoin Technologies introduces Rails programming tool for Bitcoin miners to optimize their operations in real-time.

Lincoin Technologies, a Vancouver-based firm, has launched a new programming tool for the Bitcoin mining industry known as Rails. The software solution aims to enable Bitcoin miners to optimize their operations, source energy more efficiently and maximize profits through the integration of real-time data from over 20,000 grid nodes in nine deregulated electricity markets in Canada and the U.S. 

According to the press release sent to Bitcoin Magazin, Rails will allow miners and energy producers to automate tasks for large-scale operations, adjust energy use by algorithmically under and over-clocking ASICs and protect their profit margins based on real-time bitcoin prices and network statistics.

Medi Naseri, the CEO of Lincoin Technologies, expressed excitement at the launch of Rails, saying, “Our team has been working hard and smart to develop a tool that addresses the most pressing challenges facing Bitcoin miners now and in the near term. With Rails, miners can take their operations to the next level by automating and optimizing their energy use, reducing operational costs, and increasing profits. We help miners minimize the challenges of Bitcoin mining and move toward real-time energy trading.”

Rails is designed to meet the specific needs of Bitcoin miners and is compatible with all Antminer and Whatsminer mining ASIC models. The software is customizable, and “is backed by a team of experienced professionals available to support and guide users,” the press release states.

The company believes that the introduction of Rails will enable miners to maximize their profitability while minimizing the challenges of Bitcoin mining. More information about Rails can be found at the Lincoin Technologies website.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Here’s Why Bitcoin’s Reaction To Fed Policy Turns Bearish After Each FOMC Update

The Bitcoin’s behavior around US Federal Reserve announcements has become one of the most consistent…

3 hours ago

Bitcoin Falls Below $90,000 As Vanguard Exec Struggles With Bitcoin Value

Bitcoin Magazine Bitcoin Falls Below $90,000 As Vanguard Exec Struggles With Bitcoin Value  The bitcoin…

6 hours ago

Why Trump Should Pardon The Developers of Bitcoins Non Custodial Samourai Wallet

Bitcoin Magazine Why Trump Should Pardon The Developers of Bitcoins Non Custodial Samourai Wallet On…

7 hours ago

Fed Cut Lights The Fuse: Bitcoin Rebounds And Bulls Predict More Upside

Crypto markets saw a modest lift after the US Federal Reserve made another move on…

8 hours ago

Sangha Renewables Energizes 20 MW Bitcoin Mining Facility in West Texas

Bitcoin Magazine Sangha Renewables Energizes 20 MW Bitcoin Mining Facility in West Texas Sangha Renewables…

8 hours ago

Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down

Chipmaker Broadcom's 10% slide weighs on the market as Chicago Fed's Goolsbee signals more cuts…

9 hours ago