CryptoPolyTech.com
Crypto, Politics, Tech, Gaming & World News.

30% Extra Profit When Mining Ethereum Classic (ETC) with Zilliqa (ZIL)

 | cutline • press clip • news of the day |

Cryptopolytech Public Press Pass

Title: 30% Extra Profit When Mining Ethereum Classic (ETC) with Zilliqa (ZIL)

Originally reported on cryptomining-blog.com by admin

01000000 – $Mo’Money$
•| Economy |•| Business |•| Finance |•| MacroEconomics |•| Crypto |
•| Newser |

Classification: IPTC: 04019000IAB-QAG: IAB13-3, IAB13


20
Sep
2022

With the recent switch of Ethereum (ETH) from Proof of Mining (PoW) to Proof of Staking (PoS) there was a big change in the crypto mining landscape. There was an enormous mining power consisting of a lot of Ethash-based ASIC miners and even more GPUs having to be switched to other crypto currencies and nothing else could handle so much computational power being forwarded to it’s network without significant increase in difficulty and thus a huge drop in profitability. Now, a few days later there is still pretty much nothing that can be stably mined with GPUs at a profit, even covering for the electricity that mining GPUs use with what you mine is still an issue. People are wondering and asking What to Mine, but nothing is really profitable yet, though if you are willing to cover your electricity cost and save what you mine in crypto for now there are a lot of options available.

Ethereum Classic (ETC) is one of the obvious choices when it comes to switching your mining hardware from ETH after the PoW to PoS switch happened, as it is easier and familiar, but profitability wise is it not among the coins that currently bring you the least loss (in term of revenue). There is however something that you can do in order to improve the situation a bit and that is to Dual-Mine ETC and Zilliqa (ZIL), similar to previously doing the same with ETH+ZIL Dual-Mining. Currently the reported extra profit from ZIL is around 30+ extra percent compared to just when mining Ethereum Classic (ETC) on its own, though that value can vary and be even higher at times, so definitely worth checking the Dual-Mining option if you are only mining ETC at the moment. Of course even this way you are probably not going to even fully cover the electricity costs, but 30% more is still 30% more, so you can only gain extra and not loose anything if you are solo mining ETC.

To Get Started Dual-mining ETC and ZIL on the Ezil.me Mining Pool…

  • Publihsed in: Crypto Coins
  • Related tags: dual mining, ETC dual-mining, ETC mining, ETC mining pool, ETC ZIL mining, Ethereum Classic, Ethereum Classic mining, Ethereum dual-mining, Ethereum mining, Ethereum mining pool, Ezil.me, How to dual-mine ZIL, How to dual-mine Zilliqa, How to mine ZIL, How to mine Zilliqa, ZIL, ZIL dual-mining, ZIL mining pool, Zilliqa, ZIlliqa dual-mining, Zilliqa mining pool

Check Some More Similar Crypto Related Publications:


‘News of the Day’ content, as reported by public domain newswires.

Find more, like the above, right here on Cryptopolytech.com by following our extensive quiclick links appearing on images or within categories [NEWSer CHEWSer].

Source Information (if available)

It appears the above article may have originally appeared on cryptomining-blog.com and has been shared elsewhere on the internet, repeatedly. News articles have become eerily similar to manufacturer descriptions.

We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.

We compile ‘news of the day’ content in an unbiased manner and contextually classify it to promote the growth of knowledge by sharing it just like 30% Extra Profit When Mining Ethereum Classic (ETC) with Zilliqa (ZIL)

First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!

You might also like