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.
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.
March 2024 has been a month of significant achievements and updates at 2Miners. We’ve introduced new server enhancements to accommodate the growing demand for Pyrin (PYI) mining and rolled out Bitcoin payouts for Pyrin and Karlsen mining. Additionally, we’ve implemented multiple node updates across a range of cryptocurrencies to ensure our miners have the most efficient and effective mining experience possible.
Welcome to our monthly update at 2Miners! February has been bustling with new additions and significant updates, all aimed at enhancing your mining experience. Let’s dive into the details.
Happy New Year to all our miners! January 2024 marks the beginning of another promising year for 2Miners, and we’re here to ensure it starts with key updates and improvements across our platform. This month, we’ve seen significant developments, including adjustments to mining rewards and a series of critical node updates that are set to enhance our network’s efficiency and security.
December 2023 has been a busy and productive month for us at 2Miners. We’re excited to bring new mining opportunities and important updates to our platform. These changes are designed to improve your experience and broaden your mining options.
We’re excited to announce the addition of CLORE to 2Miners, starting from December 4, 2023. Our miners can now explore the opportunities that come with CLORE mining, available in both POOL (PPLNS) and SOLO modes. Discover the potential of this new KawPoW coin in our guide.
In November, 2Miners continued to adapt and evolve with the dynamic world of cryptocurrency. We witnessed important updates in KASPA rewards, several node updates, and are excitedly preparing for the new CLORE coin mining pool. Let’s dive into these updates.