Posts Tagged ‘RVN’

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…

Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform

22, Jan 2023

The CLORE AI platform is trying to build a distributed supercomputer where regular users can offer their computational power and get paid in BTC for the use of their hardware as well as being rewarded with CLORE coins. The project runs a marketplace that can offer computational power from distributed network of providers all around the world at unbeatable prices and you can join in with your hardware as well as long as you have an Nvidia GPU-equipped computer. There is also the CLORE Blockchain where CLORE coins can be mined using the KAWPOW algorithm (the same one used by RavenCoin – RVN) that are a part of the project’s ecosystem.

The CLORE Blockchain has total supply of 1,300,000,000 coins with the block reward decreasing a little bit with every new block (starting at 542 coins per block and currently around 527 at block 64000), the block time is 1 minute. Do note however that the block reward is being split at 50% for the GPU miners, 40% as rewards for the hosting providers and 10% as developer fee to be used for the growth of the platform. CLORE AI already has a fully functional GPU compute marketplace, that can be used for any workload that runs on Linux, basically any AI workload, rendering, transcoding, password recovery etc.

There are already more than 10 mining pools supporting CLORE mining with the largest in terms of hashrate being rplant.xyz, newpool.pw and fastpool.xyz. CLORE is already available for trading on Exbitron and TxBit along with some smaller ones as well. You can mine with any of the GPU miners that have support for the KAWPOW algorithm such as GMiner, T-Rex, WildRig Multi, NBMiner etc. depending on your mining hardware you can choose what performs best in terms of hashrate. KAWPOW is both a GPU and memory intensive algorithm, so a higher power usage is to be expected from the GPUs for best performance unlike some other GPU only or memory only intensive algorithms where you may optimize power usage.

– For more details about the CLORE Blockchain as a part of the CLORE.AI platform…


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