It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Lately it hasn’t been easy finding a profitable coins to mine after Ethereum (ETH) switched to PoS, but there are some new projects that are worth checking out as they are gaining user attention. Interestingly enough they are not using the Ethash mining algorithm that has been used by ETH, but instead rely on KawPoW – the same algorithm used by RavenCoin (RVN). One of these coins new coins that is doing quite well is called MeowCoin or MEWC that is lately hovering near the top spot in terms of most profitable coin to be mined with GPUs at the current market conditions according to WhattoMine for instance (most profitable compare to other cryptos, not that it may generate a lot of profit).
The according to the Whitepaper of MEWC the aim of the project is tokenizing pets on the blockchain with important information regarding the asset to be lodged and made available for all to see such as Address of owner, Medical history, Microchip number, Animal lineage, Animal pedigree papers etc. Furthermore MeowCoin can apparently also provide the framework which a global pet retail loyalty scheme could be based. Interestingly enough even part of the blockchain reward is held over by the administration of MeowCoin to provide financial donations to animal shelters.
If you are interested in mining MEWC you can try some of the larger mining pools in terms of hashrate supporting the coin already such as , Rplant Mining Pool or PapyMiner Mining Pool or the FastPool Mining Pool. MeowCoin can be traded on a few smaller crypto exchanges as well such as TradeOgre, Graviex, Exbitron, TxBit, although you should have in mind that the trading volume on most of them is not very high, there is already trading going on.
Mining on GPUs for KawPoW coins such as MEWC is possible with a number of mining software solutions such as Z-Enemy Miner, WildRig Multi, XMRig, TeamRedMiner, Bminer, Gminer, NBMiner, TT-Miner and others although our preferred choice currently is to use the latest T-Rex miner for Nvidia GPUs mining RavenCoin (RVN) and othwr KawPoW crypto coins such as MEWC. Besides MeowCoin (MEWC), you might also want to check out two more other new KawPoW crypto coins and these are KawKaw – a gaming oriented crypto and PROCYON COON COIN – another fun meme coin that you can mine.
EthereumPoW (ETHW) is the name of the Proof of Work fork that continued as PoW after the original Ethereum (ETH) has switched to Proof of Stake after the so-called Merge of ETH that has happened on 15th of September. ETHW is mineable on a number of large pools already and is available for trading on some of the larger exchanges with more coming apparently as the interest, especially from miners is pretty high at the moment. The ETHW hard forking from ETH means that any address that had Ethereum coins available on the Ethereum mainnet will also have the same amount of ETHW coins on the EthereumPoW mainnet. Many of the exchanges that added support for ETHW have already credited users with coins based on their ETH holdings at the time of the fork, though not all have started trading yet.
EthereumPoW (ETHW) has a price of a little over $6 USD at the moment, though that price can fluctuate wildly at the moment. The peak price ETHW has reached was a little of over $60 USD for a brief moment soon after the hard fork, but is currently at just about 1/10 of that peak level it had according to CoinMarketCap. You can visit the official website of the EthereumPoW – The Original Ethereum Blockchain powered by Proof of Work, though we’ll try to summarize the most important things to help you get started mining ETHW if you are interested. Here you can find an ETHW Explorer and the official GitHub page with EthereumPoW code
The best thing about EthereumPoW (ETHW) is that it uses the very familiar Dagger-Hashimoto or Ethash algorithm that was used by Ethereum (ETH) supported by most mining software such as PhoenixMiner, NBMiner, T-Rex Miner, lolMiner and many others. So, if you were just mining ETH prior to the Merge, you should be able to very quickly and easily get up to speed with switching to ETHW mining. The only thing you will need is a new mining pool with support for ETHW such as f2pool.com, 2miners.com, poolin.com, woolypooly.com or nanopool.org – these are the Top 5 ETHW mining pools in terms of mining hashrate at the moment. Then you would also need to get an ETHW wallet address, if you don’t have one already, in a supporting exchange such as Kraken, Poloniex, Bittrex or one of the others that already have introduced support for EthereumPoW.
That is it you can point your mining hardware to mine the ETHW coin easily and pretty straightforward if you were already mining ETH, the only thing that remains to happen is for EthereumPoW to become profitable to be mined as currently it is the same as with other crypto coins. Mining ETHW at the moment can hardly even cover for the electricity being used with its current price and difficulty level, profitability wise it is on par with Ethereum Classic (ETC) at the moment. Though for ETC mining you have the option to increase the mining profitability by dual-mining ETC+ZIL.
If you are a crypto miner you should be mining Ethereum (ETH) at the moment with any suitable video card that has more than 4GB video memory, or if you even have a 4GB ones that can still mine it in “Zombie Mode” due to the high profitability. There is a way to increase your profit even further when mining ETH and that is to dual-mine Ethereum and Zilliqa (ZIL). Thanks to Zilliqa’s consensus mechanism, the ecological footprint of mining has considerably been reduced in a way that only 1 minute out of every 1.5 hours is needed to mine ZIL, allowing you to dual-mine other crypto coins such as Ethereum (ETH) or Ethereum Classic (ETC) the rest of the time. Then the ZIL coins you have mine can be staked with about 6%-12% APY, so an extra profit if you plan on holding long term your Zilliqa coins.
Zilliqa is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. It is built to deliver performance, scalability, and security. ZIL is the token that powers the Zilliqa blockchain, a token that can be used for smart contract execution, to reward miners, to cover transaction fees, and more. The company (and platform) has its roots in academic research, it was born at the National University of Singapore and was the brainchild of a team of academics, entrepreneurs, and engineers. With the launch of Zilliqa’s mainnet in January 2019, it became the first public blockchain platform in the world to successfully utilize sharding as a scaling solution. The current price of a single Zilliqa (ZIL) coin is a little over $0.09 USD or roughly 0.000001968 BTC or 0.00005237 ETH according to CoinMarketCap. Currently Zilliqa sits at number 56 in term of coin market capitalization and can soon take its place in the TOP 50 crypto coins based on their market cap.
The Ezil.me mining pool mines Ethereum (ETH) or Ethereum Classic (ETC) and Zilliqa (ZIL) simultaneously. Most of the time the pool is mining ETH or ETC, but just before a ZIL mining round starts, which is every few hours, the pool will automatically switch to ZIL mining for a minute, then it instantly switches back to mining ETH or ETC. From the individual miner’s perspective, no action is required as everything happens automatically in the background, and the reward is credited and paid the same way for both dual-mined crypto coins (ETH+ZIL or ETC+ZIL). The pool does not require a registration, you just need an ETH and ZIL wallet addresses as they are your user IDs for login. An easy way to get ZIL wallet address is to use a supported exchange such as Binance, though we do not generally recommend direct mining of crypto coins to an exchange.
The Ezil.me pool has a minimum payout for Ethereum set at 0.05 ETH and a minimum of 30 ZIL (you can increase them over these values) with daily payouts if the minimums are met. Mining rewards are credited to your pool balance every 30 minutes, so do not worry if you do not see any mined ZIL coins immediately after the mining round finishes. The pool has 1% default commission for miners though if you use the promo code 509cd, you will get an extra 0.10% cashback for two weeks, essentially lowering the initial mining fee of the pool from 1% to 0.9% for some time. You can dual-mine ETH + ZIL on AMD and Nvidia GPUS using a number of miners such as PhoenixMiner, the T-Rex or LolMiner and even should be able to use the More Epochs Мod v1.4 for Claymore Ethereum (ETH) Miner v15.
Example for Dual Mining ETH + ZIL on Ezil.me Pool:
PhoenixMiner.exe -pool stratum1+tcp://eu.ezil.me:5555 -proto 2 -wal ETH_WALLET.ZIL_WALLET -worker WORKER -stales 0 -log 0Example for Dual Mining ETC + ZIL on Ezil.me Pool:
PhoenixMiner.exe -pool stratum1+tcp://eu.ezil.me:4444 -proto 2 -wal ETC_WALLET.ZIL_WALLET -worker WORKER -coin etc -stales 0 -log 0
* Make sure to replace the two WALLET lines with your ETH/ETC and ZIL wallets and also set WORKER to a unique name for each mining rig you point to the pool.
– To Get Started Dual-mining ETH and ZIL on the Ezil.me Mining Pool…