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.
Yesterday Bitmain has released Antminer E9, its new flagship mining device. It is designed for Ethash-based cryptocurrencies, like Ethereum with its PoW algorithm and Ethereum Classic. The company says that the performance of the new miner is equivalent to 25 Nvidia’s high-end RTX 3080 graphics cards. Let’s talk about this miner and its profitability.
Years ago, Ethereum developers decided to quit cryptocurrency mining. And now, on June 8th, Ethereum’s test network called Ropsten will host the merge to shift to staking and abandon mining completely. On that day, only the test network will get an update, while the main cryptocurrency network will get it sometime in the near future. It means that staking is coming. In this article we are going to explain why quitting GPU mining is Ethereum’s biggest mistake.
Today we are going to share with you the results of experiments held by the 2Miners pool team to unlock LHR with a popular mining program called NBMiner. The team tested it on the GeForce RTX 3080 Ti, but the principles are applicable to any LHR graphics card. Let’s get into it.
Ethereum Classic and Ergo mining rewards reduction, extra rewards in the Ethereum pool, new API and statistics pages for Horizen, multiple cryptocurrency node updates, and currency selection available.
In 2021, NFTs gained an unprecedented popularity. Ethereum blockchain users were actively minting tokens thus overloading the network which sent transaction fees skyrocketing. The 2Miners pool came up with an innovative solution: rewarding ETH miners in BTC and NANO. As a result, you could save on expenses and technically even mine Bitcoin on GPUs. Now this solution is also available for Ethereum Classic. Let’s get into it.
Ethereum, Ergo, Nervos cryptocurrency node updates, high reward blocks in the Ethereum pool, PPLNS reward system update success, and the second life of the dual mining.
In this article, we share our experience with dual mining on lolMiner, a popular mining program. Dual mining means mining two cryptocurrencies at the same time with the same GPU, and it may be quite profitable. We were dual mining Ethereum (ETH) and Toncoin (TON). The 2Miners pool team tested the mining software with NVIDIA GeForce RTX 3080 Ti and NVIDIA CMP 90HX, but the principles are applicable to many other graphics cards, including Nvidia (both LHR and non-LHR), and AMD.