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 by utilizing the 2CryptoCalc mining profitability calculator.

This cryptocurrency takes numerous area on GPU reminiscence: the ETH DAG file is already over 4.5 GB and it requires 8MB extra each 3–4 days. Nonetheless, most newbies with one GPU attempt to mine it after which get annoyed by excessive charges as they get their rewards. The 2Miners pool created a novel payout system that allows 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 largely use GPU reminiscence, and that’s the reason we improve reminiscence clock (MC) and reduce core clock (CC) or go away 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).

Sizzling Algorithms

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

Sizzling 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 under. We selected Nvidia 3080Ti overclocking settings for example. The desk reveals GPU hash fee, 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”.

Be aware that relying on the algorithm energy consumption modifications as properly. This is perhaps vital to contemplate when selecting which coin to mine. Say, the calculator reveals that Ethereum Traditional (ETC) and Ravencoin (RVN) are the identical by way of mining profitability in your video card. Then it is best to select ETC. You’ll save 25% on energy in comparison with RVN.

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

Ravencoin Mining

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

ravencoin-mining

Excessive rig stability, presence on most exchanges, and a comparatively secure alternate fee made this foreign money fashionable amongst miners.

As a result of “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 can be designed to make use of reminiscence are normally extra worthwhile on such GPUs: CuckooCortex, Etchash, Autolykos2, CuckooCycly, Cuckatoo32.

Ravencoin’s mining indicators:

  • Mining algorithm: KAWPOW (Sizzling 🔥)
  • 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 at all times 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 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 principle ETH chain.

After a sequence 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. Additionally they halved the DAG file measurement positioned in GPU reminiscence thus making it attainable to mine even on GPUs with 3GB. Clearly, ETC’s DAG file retains rising, and in 2022 3GB graphics playing cards gained’t have the ability to mine the cryptocurrency even on Linux methods.

As we speak this cryptocurrency is right for most aged GPUs with 4GB of RAM. Plus, many cryptocurrency exchanges listing the coin, so you may 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 this planet mine Ethereum Traditional. It’s about 900 thousand GPUs with a median velocity of 30 MH.

You’ll be able to at all times 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

Beneath 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 way to Mine Ethereum Traditional.

ERGO Mining

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

In a short while, this coin managed to draw nearly 1 / 4 of ETC miners: largely 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 this planet, which is equal to 200–300 thousand GPUs. The estimate is imprecise as a result of a major distinction in varieties of playing cards on the algorithm.

You’ll be able to at all times 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

Crew 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 way to Mine Ergo — a Detailed Information for Inexperienced persons 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 a whole bunch of occasions greater than a share of every 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 much like Ravencoin’s KAWPOW algorithm.

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

  • Mining algorithm: FiroPoW (Sizzling 🔥)
  • 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.

No less than 5 thousand GPUs on this planet at the moment mine FIRO.

You’ll be able to at all times 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 Crew 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) Laborious Fork. New Algorithm – FiroPoW. The way to Put together?

Cortex Mining

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

Cortex mining

Cortex’s alternate fee and mining problem could fluctuate considerably even inside in the future, that’s why miners that always monitor mining problem love this coin. For those who can swap your mining powers to this coin for a number of hours as soon as its mining problem drops or alternate fee will increase, Cortex is for you.

What makes CuckooCortex distinctive is that the algorithm gives a wide range of methods to regulate mining power effectivity. Say, you may acquire 80% of hash fee in your GPUs and save 40% of energy on the similar time, or you may overclock GPUs to get further 20% of hash fee however improve energy consumption by 1.5x (which is sensible in case your electrical energy charges are low).

CTXC mining algorithm is demanding by way of GPU reminiscence. For those who mine on Home windows 7 or Linux, you want GPUs with a minimum of 8GB of RAM. Be aware that on Home windows 10 you want a minimum of 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 at all times 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 way to Mine Cortex? Mining Settings, CTXC Profitability, Coin Options.

What to Mine when Ethereum Mining Stops?

Most miners on this planet select cryptocurrencies that carry the utmost revenue. Keep in mind 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 improve in value subsequent month. You need to mine solely probably the most worthwhile cryptocurrencies proper now. If you’re certain {that a} sure coin is doubtlessly worthwhile, you may at all times purchase it utilizing your mining revenue. It is a way more environment friendly technique.

Essentially the most worthwhile cash after Ethereum proper now are: FIRO, Ravencoin and Cortex. Keep in mind 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 typically swap from one coin to a different relying on mining profitability. How to decide on the very best coin in the intervening time? Use 2CryptoCalc.com. Add your GPUs and their quantity, and the calculator will present you a listing of probably the most worthwhile cash in the intervening time.

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

Keep in mind that mining algorithms differ by way of energy consumption. Make sure that to contemplate it together with profitability if you select cryptocurrencies for mining.

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