Flux is the cryptocurrency that powers the Flux ecosystem and is used for purchasing resources, collateralizing nodes and fueling transactions on FluxOS, rewarding both miners for validating transactions and FluxNode operators for providing computational resources.
ZelHash is a proof-of-work (PoW) algorithm based on Equihash 125/4 with a modification that closes a potential compute/memory trade-off which could be applied in future
specialized hardware. In summary, the modification of ZelHash over standard Equihash
125/4 and why ZelHash is a benefit to the Zel cryptocurrency chain is described.
Flux mining requires 3GB of GPU memory as it downloads and stores a DAG file into it. DAG file stands for Directed Acyclic Graph and is used to provide a proof of work. The DAG file size is 2.9 GB and is not expandable. For more details, see our quick step-by-step guide on how to mine Flux on Nanopool.