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.
December was no doubt the hottest month of the year. We’ve implemented 2 new coins on new mining algorithms: Monero on CryptoNightV8 and ZCoin on MTP. Ethereum mining pool has found a lucky 181-ETH block. The pools have been updated to meet the latest Nicehash requirements.
Bitcoin Cash hard fork, one of the biggest events in the cryptocurrency world, happened on November 15, 2018. Up to the very end, there were a lot of inaccuracies in the media about the matter, because the cryptocurrency fork generation process is not very easy to understand. Let’s address this – today we will talk about the basics of cryptocurrency blockchain upgrades.
Often, newbies see cryptocurrencies as some sort of a superpower that lets them cross the boundaries established by governments. But in reality, it’s much more boring. For example, the Bitcoin blockchain is transparent, which means that its users can be easily tracked and located in real life. Unlike BTC, Monero is a magic wand that protects user privacy no matter what. Let’s get to know the coin better.
Since the first publication of this article in December 2018, a lot has changed. FIRO got a rebranding and is now called FIRO. It is no longer mined on processors (CPU) and the algorithm has changed twice. It was previously Lyra2z then MTP.
The end of the year is a very busy time for 2Miners. We are working on 2 new mining algorithms: CryptoNightV8 for Monero and MTP for ZCoin. In November we’ve added Personal Luck value for all the Solo mining pools. The Night Mode is now available at 2Miners website to help miners view the statistics better. This month we’ve also reconfigured our Ethereum nodes which let us reduce the Uncle rate twice.
Sometimes the reward for the found block can be lower than usual or there may be no reward at all. Are you interested in finding out why that happens? Then keep on reading, but make sure to read this article first.
Happy Halloween! While you are busy trick-or-treating we are revising all-new 2Miners things of October. Email notifications are finally working. Telegram monitoring bot @Pool2MinersBot has new features. BTG, ANON, ZEN, ZCL, BTCP, HUSH, MOAC minimum payouts were increased. ZCash was updated to Sapling protocol. Equihash 144.5 mining software was updated.