A hash function is a useful one-way trap cryptographic algorithm that converts an input of any size to an output of a fixed length of bits based on the choice of the hash function. In this paper, we compared various hash optimization techniques to reduce extra hashes while mining cryptocurrencies. Also, we introduce the concept of higher performance by splitting the hashing tasks over various servers. In most exceptionally reliable systems, subsystem or module failures that do not affect a system failure can still worsen system performance. The split system approach introduces a more effective way of offering reliability in a distributed system in general. To assess the system's reliability, this paper proposed a simple mathematical model that can capture the reliability of the system and higher throughput.