Posts Tagged ‘ETC’

Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners

15, Mar 2023

Checking out the Hive OS Linux Mining OS statistics about what coins and algorithms are the most mined among the users of that mining operating system today gives quite interesting results. Kaspa (KAS) has tied with Ethereum Classic (ETC) with each at 19% of the coins being mined, followed by Ravencoin (RVN) in third place with 9%, NEXA at 7% and ERGO (ERG) at 5%. KAS has been slowly catching up to ETC in the statistics since the beginning of the year, but now it is about to flip it and become the most mineable coin among HiveOS users (it is still actually less than half percent behind). Of course, HiveOS is not the only Linux-based mining operating system and there are users that are mining directly, still this is one of the largest in terms of users and gives a good overview and insight thanks to the statistics that it provides.

It is interesting to note that in the chart with the algorithms Kaspa (KAS) and its kHeavyHash mining algorithm are apparently at 21% already with Etchash used by Ethereum Classic (ETC) at 20% of the total. There is a slight difference in the percentage here as there are some coins that use the same algorithm for mining and looking at the ore detailed stats with less rounding, we can see that Nicehash-kHeavyHash constitutes at around 1.5% additionally, though listed as a separate entity in the coins section and the Nicehash-EtcHash is at just 0.66%. Among the new coins that are slowly going up, apart from NEXA that is already quite high up at 7.29%, we can also see Dynex (DNX) at 1.43% and Radiant (RXD) at 0.8%.

– Take a look at the full Hive OS network statistics for more insights…

The NEXA Crypto Project is Attracting the Attention of more Crypto Miners

25, Jan 2023

Just two weeks ago we have shared an interesting statistics based on the users of the widely used Hive OS Linux Mining OS that has shown the rapid increase of miners going to Kaspa (KAS) and now we are seeing the newcomer NEXA as well. So, in the last two weeks ETC miners have dropped 2% down to 24%, KAS is remaining strong at 12% and keeps its second place, even though there is a 2% drop these as well. RavenCoin (RVN) is still number three keepings its 9%, and the newcomer NEXA is fourth (wasn’t in the top 10 two weeks ago) with 6% pushing down ERG to the fifth place and the rest of the chart of the top coins remains pretty much the same. What this means is that NEXA has attracted some ETC and some KAS miners as well as some miners of other coins in order to secure its 6% which is half of what KAS has and 1/4 of what ETC still has as a share.

It is no wonder that NEXA is gaining the attention of more miners thanks to being a relatively new project and its higher profitability compared to other crypto projects that can be mined. It will be interesting to see how things will progress in the next few weeks and how it will fare compared to other minable coins that have a higher percentage of miners. It is especially interesting to note that there isn’t a change in the percentage of the RVN considering that just recently video cards with 4GB of video memory are no longer capable of mining the coins due to the DAG size reaching close to 4GB. The recent development of more mining software to support Dual-mining and Triple-mining of not only Ethash/ETChash coins together with Zilliqa (ZIL) such as KAS + ZIL or NEXA + ZIL might also help in drawing more users away from ETC GPU mining thanks to further increasing the profitability of mining KAS or NEXA over their standalone mining only.

It will be interesting to see how things will change in about two more weeks when we are expecting to see FLUX have its halving at block number 1313200 (around February 8th) when the block reward will get reduced from 75 to 37.5 coins. Currently FLUX is sitting at number 9 with stable 3% in the last two weeks, though after the halving we might see a drop in that number if there is an outflow of miners due to the drop in profitability of mining FLUX. And with the market like it is at the moment a lot of miners are hopping around to what is the most profitable at the moment and not necessarily what project may be the most viable in the long term.

– Take a look at the full Hive OS network statistics for more insights…

Kaspa (KAS) Mining is Slowly Catching Up to ETC Mining Popularity

10, Jan 2023

According to the mining statistics provided by Hive OS network based on the users of their platform Kaspa (KAS) is the second most popular coin mined with already more than 50% of the Ethereum Classic (ETC) miners and the third spot is for RavenCoin (RVN) with around 30% of the miners of ETC. The comparison here is a bit unfair as there are ASIC miners available, though most Ethash/ETChash ASICs are not supported by HiveOS, so the stats is based mostly on GPU miners. Although ETC is still with very strong position for GPU miners partly thanks to the dual mining with Zilliqa (ZIL), its position for the top mineable GPU crypto coin is slowly been overtaken by other coins such the newcomer KAS or the more established RVN. Kaspa (KAS) can also be dual-mined with ZIL already for some additional extra profit and it will probably not be long until we see other coins such as RVN also getting dual-mining with ZIL as well.

The mining statistics also reveals some other interesting things such as Radeon RX 570 and RX 580 being the most popular AMD mining GPUs and GeForce RTX 3070 and GTX 1660 Super being the most popular Nvidia GPUs. As far as ASIC miners are considered, we see the top taken by the Antminer L3+ Scrypt miner as it is more profitable than the still very popular Antminer S9 SHA256 ASIC miner for Bitcoin. Though you should note that both top positions are with the Hiveon firmware installed that brings a lot of extra options for tweaking the miners for much better efficiency compared to the stock settings. Not to mention that the L3+ and the S9 are lately getting used a lot in DIY projects for home heaters that also mine crypto to pay for some of the electricity bills.

As far as the most popular mining software used on the platform, it seems that the leader is currently lolMiner, probably because it is the best performing and feature rich KAS miner out there at the moment, followed by Teamredminer and Nbminer on third place. Most Kaspa (KAS) miners are currently sticking to lolMiner, though GMiner is getting there performance wise and lately kind of leading feature wise with the addition of dual-mining KAS with ZIL. ETC miners still use a variety of miners that are based more on personal preference as there are a lot of options for mining ETC with very similar performance and the same goes for RVN as well.

– Take a look at the full Hive OS network statistics for more insights…


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