Lincoin Technologies introduces a Rails programming tool for Bitcoin miners to optimize their operations in real time.
Lincoin Technologies, a Vancouver-based company, 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 more than 20,000 network nodes in nine deregulated electricity markets in Canada and the US.
According to a press release sent to Bitcoin Magazin, Rails will allow miners and energy producers to automate tasks for large-scale operations, adjust energy usage algorithmically under and over-clocking ASICs and protect profits based on real-time bitcoin prices and network statistics.
Medi Naseri, CEO of Lincoin Technologies, expressed his excitement at the launch of Rails, saying, “Our team has been working hard and smart to develop tools that address the most pressing challenges facing Bitcoin miners today and in the near future. With Rails, miners can take operations to the next level by automating and optimizing energy use, reducing operational costs, and increasing profits. We help miners minimize the challenges of Bitcoin mining and move to 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 “backed by a team of experienced professionals available to support and guide users,” the press release said.
The company believes that the introduction of Rails will enable miners to maximize their profits while minimizing the challenges of Bitcoin mining. More information about Rails can be found on the Lincoin Technologies website.