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Description

Modern Information Systems (ISs) accumulate vast quantities of data regarding the business processes they facilitate. This data serves as a foundation for process mining, enabling organizations to scrutinize their operational processes based on empirical evidence rather than assumptions. For instance, this can involve analyzing the workflow of a loan application at a bank or evaluating the patient care procedures in a hospital. Currently, there is a growing interest in process mining within both industry and academic settings. Consequently, the availability of various process mining tools is on the rise. Despite this growth, existing tools do not support the creation and execution of comprehensive analysis workflows that utilize multiple process mining algorithms. This limitation forces analysts to repetitively conduct process mining tasks by hand, making scientific experimentation in this area labor-intensive. To address this challenge, we have integrated RapidMiner, a platform that enables the design and execution of analysis workflows, with the ProM 6 process mining framework, thereby enhancing efficiency and effectiveness in process mining endeavors. This integration aims to streamline the analysis process, ultimately improving productivity for analysts in the field.

Description

A solo mining pool is structured such that each miner operates independently, meaning that only the miner who successfully discovers a block receives the entire reward, while others in the pool do not earn anything. The time it takes to find a block relies on both the miner's hashrate and an element of chance. After initiating the mining process, the average hashrate can only be accurately calculated after a minimum duration of 30 minutes. This hashrate assessment is based on the shares submitted by the miner, which may fluctuate compared to the figures displayed in the mining software. Furthermore, mining pools ensure that they only retain your coins for as long as necessary to confirm transactions and process payouts. Each mining pool operates under a reward system tied to block discovery, commonly referred to as SOLO, wherein rewards are granted strictly for finding blocks, with no compensation for submitted shares or time invested. Mining itself is a highly intricate computational task, and results can vary significantly; for instance, a miner might discover nine blocks with a luck value below 20%, yet also hit a block with an astonishing luck value of 700%, illustrating the unpredictable nature of this endeavor. This variability in luck highlights the challenges and excitement that come with solo mining.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitcoin
Ethereum
Flux
NiceHash
RapidMiner
Telegram

Integrations

Bitcoin
Ethereum
Flux
NiceHash
RapidMiner
Telegram

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ProM

Founded

2010

Country

Netherlands

Website

www.promtools.org/doku.php

Vendor Details

Company Name

SoloPool.org

Website

solopool.org

Product Features

Product Features

Alternatives

Alternatives

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