Posts Tagged ‘popular crypto coins’

Dynex (DNX) Seems to be the Most GPU Mined Coin at the Moment

7, Oct 2023

Dynex (DNX) has gone a long way since we initially covered it as a new project to check out back in 2022 and now looking at the recent Hive OS Linux Mining OS statistics about what coins and algorithms are the most mined among the users of that mining operating system it is on the top with 22%. This is a very similar result to what KASPA (KAS) has achieved prior the ASIC miners started becoming available and making the GPU mining pointless anymore. During that time DNX was in the 1-2% of that statistics and now it is on top and is one of the very few GPU minable coins that is currently on profit to mine after you pay for electricity. And the project itself has come a long way and now feels much more serious and works much more stable and issue free for anyone and development is just starting to fire up.

So, is Dynex (DNX) going to follow in the footsteps of KASPA and become the preferred coin to be mined by most GPU miners… in fact it is already there and we are seeing strong indications that it might be there for a while, making it the next strong project to support GPU mining. And the project itself is doing quite well providing actual computing power for things that might actually be useful and help everyone in the future, though that is still yet to be seen, but there is a big potential there just waiting to be fully tapped into. We’ve been waiting for something like that since the early days of crypto, a project that can actually utilize the vast GPU network’s power for useful computations besides just supporting the network’s backbone.

Anyway, if you still haven’t deep diven into the Dynex (DNX) project and you are into GPU mining or crypto, then you might want to do so now. And miners should take a look at how to efficiently dual-mine Dynex (DNX) and Zilliqa (ZIL) with SRBMiner-Multi 2.3.7 for maximum profit.

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

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…


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