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You can still succeed using dual mining, but the main thing is to set up a miner properly and choose an appropriate pair of coins. Which ones? Read our article to know more. Every year mining is going through new stages of evolution. From solo mining to earning coins in pools, from standard video cards to extremely powerful ASICs. At the dawn of a new tendency — dual mining — has been picking up speed. It has offered a maximum profit with the same power consumption of graphic cards.
But how things are going now? What is a process of dual mining and whether to get involved in it, or is it just an illusion, which bodes a mountain of precious coins. Dual Mining is earning two coins at once.
Every algo has its own particularities and loads a graphic card in varying degrees. Memory, not a graphic processor, accepts the main doze of load. When we mine two coins at the same time, we activate computational capacity rationally. Computing resources are not wasting, and we get more profit.
If you organize the whole process properly, your income will be greatly enhanced to recoup hardware purchase. When mining has been sophisticated, the whole world has moved to more powerful equipment, dual mining has become a salvation. Miners could increase their hardware cost-effectiveness without buying of a new one. Except for such advantages, such a way of mining finds some downsides, which important to be considered before mining of two coins:. But today, in spite of mining two coins is not so popular as three years ago, K1Pool still believes in its efficiency.
And for good reasons. Such a scheme works not with all cryptocurrencies. In most cases, dual mining is possible on the Ethash algo with the following coins you select as a key:. They intensively use a GPU memory capacity, so they are suitable only to mine in solo regimen. As for dual mining of Decred, it is obsolete.
The list of coins for mining this way has constantly updated, which one to choose is a complex issue. Crypto market is marked with instability: coins value increases one day and decreases another. If you want to estimate its effectiveness from every angle, use a calculator. In any case, choosing not the most popular cryptocurrency you may do work for the long run. Such a mechanism can resolve the problem of blockchain scalability.
There are no limits for a number of transactions a second, and hash rate is depended on a number of node in the chain. Zilliqa protocol divides a chain between parts of shards, thus unloading the net and preserving it computational capability.
The process of ZIL mining requires about 1 minute every minutes, the rest time can be devoted to Ethereum or Ethereum Classic. Last but not least, Zilliqa is one of the most perspective projects nowadays. Some consider the coin as an improved version of Ethereum. The team of ZIL founders consists of 15 brilliant developers and masters of their craft, who try to improve the platform through join efforts.
K1Pool has 0. You can dual mine both on AMD and Nvidia video cards with a number of miners:. Dual mining is a gold rush of , but how we know, fashion comes and go. Be sure to set miner right, choose a trustworthy pool and the right pair of coins, which will be cost-effective. Ethereum and Zilliqa are exactly what you need. Keep in touch with us on Telegram to stay informed. COM All rights reserved. We provide auto switching ports for each algo.
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. Spoiler alert: It makes sense to dual mine Ethereum and Toncoin. We established that it's more profitable and ETH mining efficiency doesn't drop. So you can definitely increase your profit. Keep reading to learn more. Occasionally dual mining sparks interest among both miners and mining software developers.
As we already mentioned above, dual mining is the simultaneous mining of two cryptocurrencies with the same equipment. The two cryptocurrencies can work on different mining algorithms. The main goal of dual mining is to get additional profit by mining the second coin with an insignificant increase in energy consumption. The 2Miners pool team has been constantly researching dual mining for the past few years sharing its findings with the community.
Five years ago it made sense to dual mine Ethereum and Decred or Siacoin. Then things changed, and for a long time, it was more profitable to mine a single coin, Ethereum. Read our articles to learn more about dual mining options:.
Starting from October , the software is being actively developed. You can always download the latest miner version on Github. The project was initially run by Telegram's team with Pavel Durov. In May , the developers were forced to abandon the project under the pressure of the US regulators. However, another development team took over and kept the project alive.
Here you can see what Toncoin looks like today. The full list of cryptocurrency exchanges is here. We were mining Ethereum in the 2Miners pool. We recommend always choosing payouts in BTC. Important: You can't use exchange wallets to get coins from mining pools. You would end up losing your funds. Send mining funds to a local wallet and only then transfer coins to exchanges if needed.
Choose one of the pools recommended by TON. We chose TON Whales. In this case we needed to use WhalesPoolBot in Telegram to register in the pool.
In this article, we share our experience with dual mining on lolMiner, a popular mining program. Dual mining means mining two. This guide is for dual mining with a Managed Miner without using the profit switcher. Miner to mine not only Ethereum, but also Decred at the same time. For Decred mining on huge.crptocurrencyupdates.com you need to setup account. In the moment we have a couple of miners out there you can always search what miner is best for.