It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
IronFish (IRON) is a new privacy-oriented Layer-1 Proof-of-Work crypto project that is launching its mainnet tomorrow on April 20th 2023 and that is when the actual mining of the IRON coins will start. IronFish has been in development for a while now and has been running an incentivized testnet for quite some time in order to make sure that at launch everything will be operating properly and everyone will be ready to start mining and using IRON. Every single IronFish transaction is encrypted, hiding sensitive user information on who the sender, recipient, or the amount of transaction was with an accompanying zero-knowledge proof (zk-SNARKs).
The IronFish genesis block will include 42M tokens that will be distributed to insiders, foundation, and community members and to incentivise testnet participants. So, do have in mind that there will be high initial number of coins generated even before mining actually starts, though these will be a 1-year lock-up period for most of these coins, meaning that no tokens can be traded or transferred by an insider for 12 months after the mainnet event. The mining will start with 20 IRON coins per block and a 60 second block time with the block reward going down a little by little every year (not halving every year!).
Now, let us get onto mining IronFish (IRON) coins. Due to the incentivized testnet there are already some pools and mining software available that support the Blake3-based IronFish mining algorithm and you can head on and give it a go mining with your existing GPU hardware. Currently you will be mining testnet coins, but the pools and miners should continue to mine with the launch of the mainnet when that happens tomorrow. This simply means that you can be ready ahead of time and start mining right at the launch, though for that you would need to get the CLI (needs to be compiled) or GUI wallet (node is not syncing) and install it and generate a wallet address that you can use to mine (the address should continue to work on the mainnet, though no coins mined from the testnet will be available there). Pools where you can mine IronFish (currently on the testnet) include HeroMiners, Flexpool and Kryptex and others will probably soon follow with support as the mainnet launches tomorrow.
There are currently three miners available for GPU miners to choose from for mining IRON coins – BzMiner v14.2.0 (AMD/Nvidia), Rigel 1.4.1 (Nvidia Only) and SRBMiner-MULTI v2.2.4 (AMD/Nvidia). Our advice will be to opt out for the SRBMiner-Muilti for the moment as it seems to be faster than the other two options, about 3 times faster on Nvidia RTX 3070 in our comparison tests with similar power usage. Another good thing about the IronFish mining algorithm is that it is a GPU-intensive one, being Blake-based, so memory can run at the minimum operating frequency and you can use a GPU offset to further lower the operating voltage and reduce power usage. In fact, if you have mined KASPA (KAS), Radiant (RXD) or any other of the more recent GPU-intensive crypto coins you should have a good idea on what settings to use for the GPU clock, offset and memory clock in order to optimize performance and reduce power usage (the same clocks should be a very good starting point).
Here is an example command line to run SRBMiner-Multi on Nvidia RTX 3070 for mining IronFish:
SRBMiner-MULTI --disable-cpu --algorithm blake3_ironfish --pool de.ironfish.herominers.com:1145 --wallet WALLET-ID.WORKER-ID --gpu-cclock0 1750 --gpu-mclock0 810 --gpu-coffset0 250
Make sure you set the WALLET-ID and WORKER-ID in order for the miner to properly function and mine to your IronFish wallet!
A good idea to work on is adding Zilliqa (ZIL) dual-mining to go along with IronFish mining as it will increase profit without affecting much the IRON mining, another thing to consider is triple-mining by also adding a memory-intensive algorithm as well in the mix.
Update: Rigel 1.4.2 and BzMiner v14.2.2 updates made them perform faster than SRBMiner-Multi 2.2.4, the Rigel 1.4.3 currently seems to be the fastest option for Nvidia. F2Pool has added support for IronFish mining as well as does not require you to have a wallet address to mine (just when you want a payout). The official GUI wallet has been taken down for now as it is apparently having issues.
– For more information about the project visit the official website of IronFish…
The latest update version 2.2.0 of the SRBMiner-MULTI miner comes with support for mining Dynex (DNX) that covers the not only already available Nvidia GPUs (via the official DynexSolve miner), but also adds support for DNX mining on AMD and Nvidia GPUs. The mining fee for mining Dynex with the SRBMiner-MULTI v2.2.0 is currently set at 3%. Earlier this year SRBMiner-MULTI added support for Nvidia GPUs in its major release 2 and since then the miner has introduced and gradually improved support for Intel’s ARC GPUs as well. SRBMiner-MULTI v2.2.0 is the first mining software to offer AMD and Intel ARC miners the ability to mine DNX, though mining DNX is still having issues with pools, so do not be discouraged if you have trouble connecting to a mining pool. This should hopefully soon be resolved as we also do have some trouble properly testing the new release at the moment.
A nice addition to the features for DNX miners from SRBMiner-MULTI is the ability to use multiple mining pools and mallobs, that can help you if you are having pool connectivity issues. There is currently no “adj” option available to set manually the number of Dynex chips to be simulated like on the official DynexSolve miner, but you can use the “--gpu-intensity
” parameter for that. Another useful feature is the ability to dual-mine Dynex (DNX) and Zilliqa (ZIL) with SRBMiner-MULTI, so that can help in getting some nice extra profit as opposed to just single mining Dynex. Nvidia users might also try and compare the performance of the official DynexSolve 2.2.5 miner (no dev fee here) to what SRBMiner-MULTI v2.2.0 miner offers on their hardware (3% dev fee), feel free to share your results in the comments below if you do so.
– To download and try the latest SRBMiner-MULTI GPU miner now with Dynex support…
With its major release version 2 the popular AMD GPU miner SRBMiner-MULTI has introduced support for Nvidia GPUs as well, so now you can mine some of the latest algorithms getting introduced to the miner not only with AMD-based video cards but with Nvidia video cards as well. The miner supports setting GPU clock (--gpu-cclock
) and memory clock (--gpu-mclock
) on Nvidia GPUs as well as power limit (--gpu-plimit
) via command line parameters. There is not yet support for GPU clock offset in order to fully optimize power usage for mining GPU-intensive crypto coins that can benefit from lower power mining, but hopefully that feature will also be introduced soon.
SRBMiner-MULTI also does support dual-mining for Ethash/Etchash or Autolykos2 memory intensive algorithms along with GPU-intensive algorithms such as Kaspa’s kHeavyHash algorithm… single mining for KAS is also supported of course. So, if you were not paying an attention to the miner as it was AMD-only, now you don’t have a reason to ignore it anymore if you do own Nvidia GPUs. Performance wise however KAS mining on Nvidia is lagging behind other better performing miners such as lolMiner or GMiner – around 520 MH/s on RTX 3070 for SRBMiner-MULTI compared to about 600 MH/s with lolMiner and GMiner with the same settings. Other algorithms might be able to perform better though, so you might want to check and confirm. We still haven’t had the chance to test and compare performance of the SRBMiner-MULTI on Nvidia GPUs on most algorithms and since support is brand new it might take a bit of time to be further optimized.
– To download and try the latest SRBMiner-MULTI GPU miner now with Nvidia support…