Posts Tagged ‘Zilliqa’

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…

Dual Mining Kaspa (KAS) + Zilliqa (ZIL) Now Possible With GMiner 3.21

2, Jan 2023

The latest update 3.21 of the GMiner mining software brings a new interesting feature for everyone that might be currently mining Kaspa (KAS) and that is the ability to dual-mine Kaspa (KAS) + Zilliqa (ZIL), though you can also use another supported coin by the miner instead of KAS should you wish to. Previously ZIL mining could be easily combined with Ethash or ETChash coins only or you could also triple mine with KAS as well. Now, with the latest GMiner you can choose to mine KAS or another coin with different algorithm along with ZIL, when the time comes to mine Zilliqa the miner will switch briefly and then get back to mining Kaspa or the coin you are mining. This way you will be getting some extra profit without losing almost nothing of your regular mining hashrate for KAS, or RVN etc.

Below you can find an example command line for running GMiner on Windows on Nvidia GPUs for dual mining KAS + ZIL:

miner.exe --algo kheavyhash --server pool.eu.woolypooly.com:3112 --user KAS_WALLET.WORKER_ID --zilserver eu1-zil.shardpool.io:3333 --ziluser ZIL_WALLET.WORKER_ID --lock_cclock 1710 --lock_mclock 810 --lock_voltage 800

Make sure you replace KAS_WALLET, ZIL_WALLET and WORKER_ID in the example with your wallet and worker IDs, the example above also sets core and memory clocks and tries to lock the GPU voltage for low power KAS mining on RTX 3070. Unfortunately, it seems that there are some trouble properly setting the GPU voltage and as a result the power usage will be higher compared to running the same low power mining settings on lolMiner. So, currently there is a bit of a trade-off with GMiner and dual-mining KAS + ZIL – you get higher power usage in order to get to mine ZIL. You might want to wait a bit for the issue with GPU voltage setting to be resolved in order to get the same performance and power usage as with lolMiner mining Kaspa with extra Zilliqa profit as well, though you might still want to try other coins that are not so energy efficient together with ZIL dual mining.

– To download the latest GMiner 3.21 AMD/Nvidia GPU mining software…

Dual Mining ETC, ETHW or ETHF plus ZIL For Better Profit

21, Oct 2022

Now you have more options to increase your mining profit by dual mining not only Ethereum Classic (ETC) and Zilliqa (ZIL) on the Ezil.me mining pool thanks to the addition of EthereumPoW (ETHW) and EthereumFair (ETHF) pools that allow dual mining together with ZIL. EthereumPoW (ETHW) and EthereumFair (ETHF) are forks from Ethereum (ETH) that split after the Merge and continued to exist as Proof of Work blockchains. So, unlike Ethereum (ETH) that is now Proof of Stake (PoS) only you can mine these using GPUs or Ethash mining ASICs.

These two “newcomers” are much smaller in terms of networks with ETHW being the larger and more talked about one of the two compared to what ETH had prior to the fork, but they do present some opportunity for miners. Profit of mining these alone currently is not much different than what you get mining Ethereum Classic (ETC), but if you combine any of them with ZIL for dual-mining you can earn an extra 30-40% more than just by mining any of the coins alone, just like you could do with ETC after the fork. The pool has 1% default commission for miners though if you use the promo code 509cd, you will get an extra 0.10% cashback for two weeks, essentially lowering the initial mining fee of the pool from 1% to 0.9% for some time. So, why not give them a try and try to make a bit more with your mining hardware.

On a side note, due to the higher profitability with dual mining and more people apparently noticing this option it also seems that Etchash profitability on NiceHash has also increased as of late compared to just mining ETC only. Do note however that the fluctuation of profitability on NiceHash can make bigger and sudden swings as compared to dual mining with ZIL that seems to provide a more steady and predictable profit calculation.

Since we have been dual mining ETC and ZIL after the Merge happened on the Ethereum network we’ve seen slight drop ETC in network hashrate after the initial peak, but the price of Ethereum Classic in USD/EUR also dropped a bit. So, all in all, while currently you might be able to mine some more ETC coins their total in fiat may be a bit lower than earlier this month. That is if you are mining and selling for fiat immediately.

– To Get Started Dual-mining ETC, ETHW or ETHF and ZIL on the Ezil.me Mining Pool…


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