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What to Mine when Ethereum Goes POS


Why Does Everybody Mine Ethereum?

These days the overwhelming majority of miners mine Ethereum as a result of it’s probably the most worthwhile cryptocurrency on most GPUs. You’ll be able to see it for your self through the use of the 2CryptoCalc mining profitability calculator.

This cryptocurrency takes a whole lot of house on GPU reminiscence: the ETH DAG file is already over 4.5 GB and it requires 8MB extra each 3–4 days. Nonetheless, most learners with one GPU attempt to mine it after which get pissed off by excessive charges as they get their rewards. The 2Miners pool created a singular payout system that permits you to get your rewards day by day and with out charges. Learn extra right here.

GPU Mining Algorithms

Let’s divide the most well-liked mining algorithms into two teams: chilly ❄️ and sizzling 🔥. Learn extra about it within the article titled “Starting Miner’s Information and GPU Overclocking on Totally different Algorithms”.

Chilly Algorithms

Chilly algorithms principally use GPU reminiscence, and that’s the reason we enhance reminiscence clock (MC) and reduce core clock (CC) or depart it as is. The primary traits of such algorithms are low energy consumption, low core temperature, and excessive reminiscence temperature.

Chilly algorithms are: Ethash (Ethereum), Etchash (Ethereum Traditional), Autolykos2 (Ergo).

Some additionally distinguish impartial algorithms that require you to extend solely core clock. All Cuckoo algorithms are impartial: CuckooCortex (Cortex), CuckooCycle (Aeternity), Cuckatoo32 (Grin).

Scorching Algorithms

Scorching algorithms use each core and reminiscence, and that’s the reason we enhance core clock (CC) and reminiscence clock (MC). The primary traits of such algorithms are excessive energy consumption, excessive core temperature, and excessive reminiscence temperature.

Scorching mining algorithms are: KAWPOW (Ravencoin), FiroPow (FIRO), BeamHashV3 (BEAM), Equihash 144.5 (Bitcoin Gold).

Evaluating Mining Algorithms

We in contrast mining algorithms within the desk beneath. We selected Nvidia 3080Ti overclocking settings for instance. The desk reveals GPU hash charge, core temp, reminiscence temp, and energy consumption. If you wish to learn to overclock any GPU, learn: “How To Overclock Nvidia and AMD Graphics Playing cards on Totally different Algorithms”.

Observe that relying on the algorithm energy consumption adjustments as effectively. This could be essential to think about when selecting which coin to mine. Say, the calculator reveals that Ethereum Traditional (ETC) and Ravencoin (RVN) are the identical when it comes to mining profitability in your video card. Then you must select ETC. You’ll save 25% on energy in comparison with RVN.

The algorithms within the desk above are the primary opponents of Ether’s algorithm (Ethash). Scorching algorithms are highlighted in orange, chilly algorithms – in blue. Let’s take a more in-depth have a look at the primary cash of those algorithms, their mining profitability, and different options.

Ravencoin Mining

In 2021 Ravencoin (RVN) turned the second hottest coin amongst GPU miners as a result of enhance in its alternate charge, its simplicity, and low {hardware} necessities. Not so way back you can mine RVN on 3GB GPUs, now you want 4GB which can be good in comparison with most opponents.

ravencoin-mining

Excessive rig stability, presence on most exchanges, and a comparatively secure alternate charge made this forex fashionable amongst miners.

Because of the “simplicity” of the algorithm, the highest latest-generation graphics playing cards (with 8GB+ of RAM) can’t function at full capability and use all benefits they’ve, particularly high-speed reminiscence. So the next chilly algorithms which might be designed to make use of reminiscence are often extra worthwhile on such GPUs: CuckooCortex, Etchash, Autolykos2, CuckooCycly, Cuckatoo32.

Ravencoin’s mining indicators:

  • Mining algorithm: KAWPOW (Scorching 🔥)
  • Minimal GPU reminiscence: 4GB
  • Block reward: 5000 RVN
  • Common block discover time: 1 minute
  • Traded on exchanges: Binance, Huobi, Gate, Bittrex and others.
  • Rank within the cryptocurrency chart: 89.

Roughly greater than 60 thousand miners mine RVN.

You’ll be able to all the time get the bat file for RVN mining on the Fast Begin web page of the Ravencoin pool. Right here is an instance for Gminer:

miner.exe --algo kawpow --server rvn.2miners.com:6060 --user YOUR_WALLET_ADDRESS.RIG_ID --pass x
pause

For T-rex:

t-rex.exe -a kawpow -o stratum+tcp://rvn.2miners.com:6060 -u YOUR_WALLET_ADDRESS.RIG_ID -p x
pause

Learn our information: The best way to Mine Ravencoin RVN KAWPOW Fork.

Ethereum Traditional (ETC) Mining

Ethereum Traditional (ETC) is the unique Ethereum community that went in opposition to Ethereum’s controversial 2016 improve and carried out a tough fork separating from the primary ETH chain.

After a collection of extreme 51% assaults on the ETC community, the builders realized that it’s unsafe to stay within the background and use the identical mining algorithm as Ethereum and barely modified it. In addition they halved the DAG file measurement positioned in GPU reminiscence thus making it doable to mine even on GPUs with 3GB. Clearly, ETC’s DAG file retains rising, and in 2022 3GB graphics playing cards gained’t be capable to mine the cryptocurrency even on Linux methods.

Right this moment this cryptocurrency is good for most elderly GPUs with 4GB of RAM. Plus, many cryptocurrency exchanges checklist the coin, so you’ll be able to simply alternate it into different cryptocurrencies or fiat cash with minimal bills.

  • Mining algorithm: Etchash (Chilly ❄️)
  • Minimal GPU reminiscence: 3GB
  • Block reward: 3.2 ETC
  • Common block discover time: 13 seconds
  • Traded on exchanges: Binance, Huobi, Gate, Bittrex, KuCoin, Coinbase, and others
  • Rank within the cryptocurrency chart: 33.

Roughly 90 thousand miners on the earth mine Ethereum Traditional. It’s about 900 thousand GPUs with a mean velocity of 30 MH.

You’ll be able to all the time get the bat file for ETC mining on the Fast Begin web page of the Ethereum Traditional pool. Right here is an instance for lolMiner (AMD graphics card):

lolMiner.exe --algo ETCHASH --pool and so on.2miners.com:1010 --user YOUR_WALLET_ADDRESS.RIG_ID
pause

Under is the bat file for Gminer that can be utilized with each AMD and Nvidia:

miner.exe --algo etchash --server and so on.2miners.com:1010 --user YOUR_WALLET_ADDRESS.RIG_ID
pause

For T-Rex (Nvidia solely):

t-rex.exe -a etchash -o stratum+tcp://and so on.2miners.com:1010 -u YOUR_WALLET_ADDRESS -w RIG_ID -p x
pause

Learn our information: The best way to Mine Ethereum Traditional.

ERGO Mining

ERGO is the youngest coin on our checklist. Its low-maintenance mining algorithm helps you to mine even with 3GB GPUs.

In a short while, this coin managed to draw virtually 1 / 4 of ETC miners: principally GPUs with 3GB/4GB of RAM.

  • Mining algorithm: Autolykos2 (Chilly ❄️)
  • Minimal GPU reminiscence: 3GB
  • Block reward: 67.5 ERG
  • Common block discover time: 140 seconds.
  • Traded on exchanges: Gate, KuCoin, CoinEx, HotBit, and others.
  • Rank within the cryptocurrency chart: 198.

20–30 thousand miners mine this coin on the earth, which is equal to 200–300 thousand GPUs. The estimate is imprecise as a consequence of a major distinction in forms of playing cards on the algorithm.

You’ll be able to all the time get the bat file for ERG mining on the Fast Begin web page of the Ergo pool. T-Rex is for Nvidia:

t-rex.exe -a autolykos2 -o stratum+tcp://erg.2miners.com:8888 -u YOUR_WALLET_ADDRESS -w RIG_ID -p x
pause

Group Purple Miner is for AMD:

teamredminer.exe -a autolykos2 -o stratum+tcp://erg.2miners.com:8888 -u YOUR_WALLET_ADDRESS.RIG_ID -p x
pause

Right here’s our information: The best way to Mine Ergo — a Detailed Information for Rookies and Miner Setup.

Firo Mining

Not so way back FIRO was utilizing a particularly heavy algorithm referred to as MTP that required 5GB of RAM. It additionally generated important Web visitors for the pool and miner: every share reached 200KB which is tons of of occasions greater than a share of some other algorithm.

On October 26, Firo carried out a system-wide improve altering its algorithm from MTP to FiroPoW. FiroPoW is a modified ProgPoW algorithm developed for Ethereum however by no means applied. It’s just like Ravencoin’s KAWPOW algorithm.

FIRO’s FiroPoW is principally similar to Ravencoin’s algorithm. The one distinction is FIRO’s bigger DAG measurement: at present FiroPoW requires a bit over 4GB of RAM. Each 1.5 years DAG measurement will enhance by 1GB which can make it unimaginable to mine on GPUs with 6GB of RAM by the top of 2024.

  • Mining algorithm: FiroPoW (Scorching 🔥)
  • Minimal GPU reminiscence: 6GB
  • Block reward: 6.25 FIRO
  • Common block discover time: 5 minutes.
  • Traded on exchanges: Binance, Huobi, Gate, Bittrex, HitBTC, and others.
  • Rank within the cryptocurrency chart: 440.

At the least 5 thousand GPUs on the earth at present mine FIRO.

You’ll be able to all the time get the bat file for FIRO mining on the Fast Begin web page of the Firo pool. Right here is an instance of the bat file for T-Rex (Nvidia):

t-rex.exe -a firopow -o stratum+tcp://firo.2miners.com:8181 -u YOUR_WALLET_ADDRESS.RIG_ID -p x
pause

For Group Purple Miner (AMD):

teamredminer.exe -a firopow -o stratum+tcp://firo.2miners.com:8181 -u YOUR_WALLET_ADDRESS.RIG_ID -p x
pause

Learn our information: Firo (ZCoin) Onerous Fork. New Algorithm – FiroPoW. The best way to Put together?

Cortex Mining

Cortex (CTXC) makes use of the CuckooCortex mining algorithm. Mining on this algorithm is extremely depending on GPU reminiscence. It boosts the velocity on Nvidia’s high GPUs in every collection: on the 1080ti, 2080, 3090, to call just a few.

Cortex mining

Cortex’s alternate charge and mining issue might fluctuate considerably even inside in the future, that’s why miners that consistently monitor mining issue love this coin. If you happen to can swap your mining powers to this coin for a number of hours as soon as its mining issue drops or alternate charge will increase, Cortex is for you.

What makes CuckooCortex distinctive is that the algorithm presents a wide range of methods to regulate mining vitality effectivity. Say, you’ll be able to acquire 80% of hash charge in your GPUs and save 40% of energy on the similar time, or you’ll be able to overclock GPUs to get extra 20% of hash charge however enhance energy consumption by 1.5x (which is sensible in case your electrical energy charges are low).

CTXC mining algorithm is demanding when it comes to GPU reminiscence. If you happen to mine on Home windows 7 or Linux, you want GPUs with at the very least 8GB of RAM. Observe that on Home windows 10 you want at the very least 10GB of RAM.

  • Mining algorithm: CuckooCortex (Chilly ❄️)
  • Minimal GPU reminiscence: 8GB
  • Block reward: 7 CTXC
  • Common block discover time: 13.5 seconds
  • Traded on exchanges: Binance, Huobi, OKEx, CoinEx, and others.
  • Rank within the cryptocurrency chart: 679.

You’ll be able to all the time get the bat file for CTXC mining on the Fast Begin web page of the Cortex pool. Right here is an instance of the bat file for lolMiner on AMD graphics playing cards:

lolMiner.exe --coin CTXC --pool ctxc.2miners.com:2222 --user YOUR_WALLET_ADDRESS.RIG_ID
pause

For Gminer on Nvidia GPUs:

miner.exe --algo cortex --server ctxc.2miners.com --port 2222 --user YOUR_WALLET_ADDRESS.RIG_ID
pause

Right here’s our mining information: The best way to Mine Cortex? Mining Settings, CTXC Profitability, Coin Options.

What to Mine when Ethereum Mining Stops?

Most miners on the earth select cryptocurrencies that carry the utmost revenue. Do not forget that mining is the method of getting rewards for utilizing the computing powers of your gear. You don’t need to guess which coin will enhance in worth subsequent month. It’s best to mine solely probably the most worthwhile cryptocurrencies proper now. In case you are positive {that a} sure coin is doubtlessly worthwhile, you’ll be able to all the time purchase it utilizing your mining revenue. This can be a rather more environment friendly technique.

Essentially the most worthwhile cash after Ethereum proper now are: FIRO, Ravencoin and Cortex. Do not forget that it might change quick, possibly in a day and even in an hour.

miner

The system of any cryptocurrency mined on GPUs could also be thought-about a closed loop: miners usually swap from one coin to a different relying on mining profitability. How to decide on the very best coin in the mean time? Use 2CryptoCalc.com. Add your GPUs and their quantity, and the calculator will present you an inventory of probably the most worthwhile cash in the mean time.

We advocate you to learn an in depth information titled “The best way to Use 2CryptoCalc Mining Profitability Calculator”.

Do not forget that mining algorithms range when it comes to energy consumption. Be certain to think about it together with profitability whenever you select cryptocurrencies for mining.

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