2Miners Crypto Mining Blog

In October 2024, significant updates were implemented in the CKB and Zephyr protocols, enhancing their networks in preparation for future developments. Additionally, we faced unexpected challenges with the Pyrin project, leading to critical decisions about its future on our platform.

In September 2024, we undertook several important updates and changes across various cryptocurrencies we support. Notably, FIRO was delisted following a major change in their mining reward structure, and we implemented updates for Kaspa, Pyrin, and Karlsen that impacted miners on our platform.

This August, our updates focus on a significant shift in Zcash address protocols and essential node updates across our supported cryptocurrencies to enhance network efficiency and security. Below are the details on these developments.

This July, 2Miners has implemented key updates to our Kaspa and Bitcoin Cash nodes and adjusted the payout values due to significant price changes. Here’s a detailed rundown of all the developments.

This June, 2Miners has continued to innovate and improve our services. We’ve updated several of our cryptocurrency nodes to enhance performance and security, and have made a significant change to our mining pool offerings. Here’s a detailed rundown of all the developments.

This month we continued to innovate and expand our services to meet and exceed the expectations of our community. We introduced the new TON payout option for many coins and implemented the new cryptocurrency – ZEPH.

In April 2024, the popular cryptocurrency Cardano ADA dropped out of the top ten largest projects by market capitalization. It was replaced by Toncoin (TON), the native asset of the PoS network The Open Network, or simply TON. This project supports smart contracts and has the ambitious goal of uniting popular blockchains to create a next-generation global network. Today, we will get acquainted with TON itself and wallets for Toncoin.

In February, the cryptocurrency exchange Binance delisted the Monero XMR cryptocurrency. The news was not pleasant, but given the trading platform’s issues with the U.S. Department of Justice and the prison sentence for Changpeng Zhao, this was expected. Fortunately, there are plenty of new projects focused on privacy, and some of them use technologies from Monero. One of these projects is Zephyr (ZEPH).

Cryptocurrencies based on the Proof-of-Work consensus mechanism are usually associated with poor scalability. The best example of this is Bitcoin, which still handles 6-7 transactions per second and recently set a record low with an average fee of $127. Fortunately, technology does not stand still, and developers are looking for ways to improve the efficiency of PoW blockchains. One of the innovations in this area is Pyrin, where transactions are processed in seconds, and fees are measured in thousandths of a cent. We tell you more about the project and mining PYI.

This month, we’ve focused on enhancing user experience by transitioning to a more reliable ETHW block explorer and addressing the halving of several major cryptocurrencies. We’ve also implemented multiple node updates to improve network functionality and efficiency.