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Posts Tagged ‘Ravencoin’

Not Mining Neurai (XNA) With Your GPUs, You Probably Should

3, Jul 2023

Lately there have been a number of PoW-based Layer 1 crypto projects that were doing quite decent for mining with GPUs such as Kaspa (KAS), Radiant (RXD), IronFish (IRON) that are all now mineable on FPGAs and KAS even on ASIC miners, so, mining on GPUs kind of makes no sense for these projects. NEXA is also apparently soon to follow in their footsteps with FPGAs to support it, though even now not very profitable for mining on GPUs probably due to the recent listing on NiceHash. The good news is that GPU miners still do have a choice and there are some other interesting projects you can look into, one such relatively project is Neurai (XNA) and that one in particular is currently among the most profitable coins to be mined on Nvidia GPUs, though the profit is not insane, at least you should be on the plus side even at the moment.

According to the officia website the Neurai (XNA) aims to be a platform to enable harnessing the power of AI algorithms for efficient data analytics, predictive modelling, decision making and connectivity to IoT devices using blockchain assets. The project is based on the Ravencoin (RVN) code and uses the KAWPOW hashing algorithm for mining, so good news for GPU miners. Even though if you are familiar with that algorithm you would know it is not the most power efficient one, meaning higher usage compared to KAS as the algo is both GPU and memory intensive. Neurai (XNA) uses 1-minute block time and has 8 MB block size, the maximum number of XNA coins is 21 Billion and the project utilizes micro halvings with 5% every 10 days and it is expected that around 57% of the total coins will be mined in the first year. That is good news for everyone that jumps earlier into mining of buying some coins than later on.

Neurai (XNA) is mineable on multiple pools with the biggest one currently being Rplant with over half the network hashrate, though you can also mine on Neuraipool, Zergpool, Ekapool, Zpool and others. An exchange where you can already trade mined XNA coins is TxBit or you can get a bag and hold it while the price is still very low.

You can mine Neurai (XNA) on any mining software that supports the KAWPOW algorithm, though the latest updated software that has separate XNA support officially is bzMiner 15.4.0. Below you can find an example for mining XNA on Nvidia RTX 3070 GPU with a hashrate of about 29-30 MH/s per GPU using a moderate power limit of 150W, 1250 MHz GPU clock and +1000 MHz on the video memory:

bzminer -a xna -w YOUR_WALLET.WORKER_ID -p stratum+ssl://stratum-eu.rplant.xyz:17029 --nc 1 --oc_power_limit 150 --oc_lock_core_clock 1250 --oc_memory_clock_offset 1000

Do not forget to replace the YOUR_WALLET and WORKER_ID with your own in order to be able to actually mine, also the example uses Rplant as a mining pool. You can vary the hashrate up and down, bur for more you would also need to increase the power consumption without not that much of improvement in terms of hashrate, a good step down is to go for 120W power limit with lower memory and clock for if you want less power consumption.

– For more information about the Neurai (XNA) crypto project…

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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