{"id":3928,"date":"2022-04-01T12:41:01","date_gmt":"2022-04-01T12:41:01","guid":{"rendered":"https:\/\/2miners.com\/blog\/?p=3928"},"modified":"2022-10-03T09:36:08","modified_gmt":"2022-10-03T09:36:08","slug":"march-2022-work-progress-report-bitcoin-payouts-for-etc-mining","status":"publish","type":"post","link":"https:\/\/2miners.com\/blog\/march-2022-work-progress-report-bitcoin-payouts-for-etc-mining\/","title":{"rendered":"March 2022 Work Progress Report: Bitcoin Payouts for ETC Mining"},"content":{"rendered":"

Horizen, Grin, Ergo cryptocurrency node updates, high rewards in the Ethereum pool, Bitcoin payout system released for the Ethereum Classic pools.<\/p>\n

<\/p>\n

\"March<\/p>\n

Bitcoin Payouts for ETC Mining<\/h2>\n

We launched the new payout system in the Ethereum Classic 2Miners pools. It allows you to mine ETC and receive the payouts in BTC! This system works for both PPLNS and SOLO pools.<\/p>\n

There are no complicated settings. You just need to set the BTC wallet address in your mining software if you want to get the payouts in BTC. <\/p>\n

POOL: etc.2miners.com<\/a>
\nSOLO: solo-etc.2miners.com<\/a><\/p>\n

\"ethereum-miner\"<\/p>\n

The ETC payout system is identical to the ETH system<\/a> that we have been using since October 2021. The only difference is that the ETH pools support both BTC and NANO payouts and the ETC pools support BTC only.<\/p>\n

In just a couple of days, more than 250 miners have successfully joined the new ETC->BTC payout system.<\/p>\n

Ethereum Mining Pool News<\/h2>\n

Hundred Thousand Miners Online<\/h3>\n

We reached a new milestone and surpassed the first hundred thousand active miners in the Ethereum pool. Currently, more than 116 000 miners are online mining ETH. More than 155 000 miners are mining all over the different coins presented in 2Miners.<\/p>\n

\"116419-miners-online\"<\/p>\n

Maximum Gas Price Reduction<\/h3>\n

We reduced the maximum gas price to 80 gwei in the Ethereum pool so all the miners who use standard ETH addresses to receive the payouts don’t pay more than $4 per transaction.<\/p>\n

Last week the gas prices dropped. It allowed us to reduce the maximum gas price. The pool reserves less amount of ETH to process each payout. This is important only for the miners who mine ETH and receive the payouts in ETH. Read more<\/a>.<\/p>\n

\"gas_prices\"<\/p>\n

BIG BIG Blocks<\/h3>\n

This March the pool found many extremely profitable blocks. Almost every day we had some extra rewards for our miners. These are the most noticeable blocks: 201.8 ETH<\/a>, 51.4 ETH<\/a>, and a nice series of 41.3 ETH<\/a> and 60.4 ETH<\/a> almost one after another. <\/p>\n

Recent blocks could be found on the blocks page<\/a> of the pool. <\/p>\n

Cryptocurrency Node Updates<\/h2>\n

This March we updated the cryptocurrency nodes of three coins for both PPLNS and SOLO pools – ZEN, GRIN, ERGO.<\/p>\n

These are the current node versions.<\/p>\n