Lincoin Technologies Launches Rails Programming Tool For Bitcoin Miners

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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.

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