5 key PoW algorithms in crypto mining unveiled

In the world of cryptocurrency, proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash play crucial roles in securing and maintaining blockchain integrity.

Kheavyhash, used by Kaspa (CRYPTO:KAS), is energy-efficient and less memory-intensive.

Scrypt, popularised by Litecoin (CRYPTO:LTC) and Dogecoin (CRYPTO:DOGE), was designed to be ASIC-resistant but eventually saw the development of ASICs for its mining.

Blake3 is notable for its speed and versatility, used by networks like Decred (CRYPTO:DCR) and Alephium (CRYPTO:ALPH).

SHA-256, the backbone of Bitcoin (CRYPTO:BTC), offers unmatched security and is also used by Bitcoin Cash (CRYPTO:BCH) and Peercoin (CRYPTO:PPC).

Ethash, originally for Ethereum (CRYPTO:ETH), supports Ethereum Classic and other cryptocurrencies, despite ASICs dominating its mining process.

Each algorithm brings unique strengths, shaping the digital finance landscape.