Cryptocurrency mining explained in plain words: mining software and hardware reviews
including ASIC and GPU. Expert opinion on cryptocurrency market and future crypto mining
outlook.
Cryptocurrency mining is a lucrative business. Confessions of a Miner show you how with initial capital and strategy mining equipment alone can be worth tens of thousands of dollars. If you are just starting out, we’ve got you covered. This article is about mining basics, overclocking, and useful tips and tricks.
Unfortunately, we were experiencing issues with submitting GRIN payments to the users of HotBit exchange. Let us briefly explain what is the problem and how it can be potentially fixed, although we have no power to do so (it is entirely in HotBit’s hands).
Buying and setting graphics cards up is not enough to start mining. At all times, you need to know a lot about different cryptocurrencies: their mining difficulty, overall network hash rate, and even potential hacking issues. 2CryptoCalc helps you save time and find the most profitable cryptocurrencies for mining. Let’s see how to use this tool to its full potential, with screenshots and examples.
In October 2020, Ethereum Classic miners got a pleasant surprise. ETC will enable cryptocurrency mining on 3GB GPUs (relatively old models). Plus, ASICs as well as NiceHash will not support ETC mining anymore. All of it is going to be possible thanks to the Thanos hard fork at the end of November. Let’s see what to expect from it.
2Miners pool operators together with Lolliedieb (the author of Lolminer) has discovered a bug in the core library used in both Ethereum and Ethereum Classic after closely monitoring the epoch switch (we always do control important milestone switches for the cryptocurrencies we support).
The 2Miners pool lists 19 cryptocurrencies with 10 thousand online members. There is Ethereum with at least 4 thousand miners, Ravencoin, Bitcoin Gold, Zcoin, Ethereum Classic, and other popular cryptocurrencies. However, the pool often gets requests about adding Zilliqa that supports dual mining (mining two cryptocurrencies at the same time). We decided to put its profitability to test.
Mid-2020 wasn’t the best time for Ethereum Classic. The network suffered from several 51% attacks in August and September. As a result, miners lost a lot of their earnings. ETC took action by decreasing the DAG file size. This way, even 3GB GPUs can mine ETC and the hash rate is significantly higher. But this is not the only positive change. Let’s see what to expect from ETC in the future.