Alexey Russkikh
Despite the relative youth, the history of cryptocurrencies is rich in events, and the number of adherents is growing exponentially. Against the backdrop of popularity, the number of miners, people involved in the extraction of virtual coins, has also increased. There are several ways to earn such money - solo mining, work in pools, cloud mining and others. But recently, another direction is gaining momentum - dual mining. What are the features of this method of mining cryptocurrency? What program to use for work? How to install and configure it? These and other points will be considered in detail in the article.
What it is?
First, let's figure out what is dual mining? As noted, this is one of the ways to earn money, which involves the extraction of two types of cryptocurrencies at the same time. Most often, these are Decree and Ether, but there are other options (we will discuss them below).
The reason for the emergence of this direction was the desire to increase the profitability of mining and increase profits by maximizing the load on the video card. In addition, the decline in the premium for Bitcoin has puzzled miners in various parts of the world. They set about looking for a more advanced way to earn cryptocurrency. And salvation was found in "dual mining".
Its meaning is simple. When buying equipment for mining, you should not be limited to only one type of virtual coins. The extraction of two types of cryptocurrencies opens up new prospects in terms of earnings. With the right organization, it is possible to increase profitability and accelerate cost recovery.
Advantages and disadvantages
Dual mining has its pros and cons, which should be taken into account when choosing this method of mining cryptocurrency:
Advantages:
- With the right choice of cryptocurrency, the equipment is used without loss of useful power. This is not difficult, because virtual money has similar mining principles. All the miner has to do is to adjust the algorithm of the already used mechanism.
- There is no need to “reinvent” the wheel in mining two cryptocurrencies. For work, the Claymore program is used, which successfully copes with operating systems such as Linux and Windows.
- With dual mining, the level of Ethereum mining remains at a high level. This is due to the fact that the mining speed is identical for all virtual coins. If the power reaches 60 MH/s, it is relevant for both Ethereum and the second currency in the pair - Siacoin or Decree.
- The program discussed above works on various algorithms, which contributes to the maximum load of equipment and its operation with high efficiency. If the GPU memory is loaded weakly during Ethereum mining, the second cryptocurrency compensates for this shortcoming. From the foregoing, the conclusion suggests itself that dual mining guarantees the operation of equipment by almost 100%, which increases profitability.
Flaws:
- In order for dual mining to give results, it is important to configure the program correctly. It is enough to make one mistake to reduce the level of profit received.
- When mining two currencies at the same time, the equipment heats up more, and the fans run at maximum capacity. As a result, the service life of video cards is reduced. If the GPU is under warranty, this is not a problem.
- Increased noise. Due to the heavy load of equipment, it is quite difficult to be near the farm. In addition, the equipment generates increased heat, so you should think about cooling the room.
As for the benefits, much depends on the correct configuration of the equipment. If you approach it wisely, one farm gives 60-70 dollars (besides the standard income when mining one cryptocurrency).
It should be noted that the dual mining mode leads to an increase in electricity consumption by 20-25%. But even in this case, the dual mining method is more profitable.
When calculating income, pay attention to the percentage that the miner pays (commission to the pool). In the case of Ether, you will have to part with 1% of your earnings. If you work with two cryptocurrencies (ETH and DCR), the costs will be twice as high - 2%.
Currency combination options
Note that when choosing the Equinash algorithm, the mining of two cryptocurrencies becomes unavailable. In the case of Etash, the mentioned method of earning is available using the Claymore program. Pascal, Siacoin or Decree can be used as the second coin. To make a choice, go to the official website of each of the cryptocurrencies and study their features.
Take into account not only the indicators of profitability calculators, but also the future prospects of each of the coins. Practice shows that the best solution is to mine Ethereum and Decred cryptocurrencies.
Alternatively, Siacoin should also be used as a second currency. You can exchange additional electronic currency, if you have no desire to invest in it, at.
Which pool to choose?
When working with dual mining, use pools that run on Stratum. The most attractive options include:
- Nanopool is a well-known pool supported by Stratum and has a speed of 223.7 GigaHash per second. The commission from the reward is 1%, the amount of payments is 0.1 ETH.
- Eth.suprnova- another reliable pool that allows you to work with two currencies at once. The fee is 1% and the speed is 71.5 GigaHash per second. Payment is made if there is 0.01 ETH on the account. The server is located in France.
- Coinotron- a pool with a server in Poland. Working conditions are almost the same as Eth.suprnova. There is also a fee of 1%, but the payment is made when you accumulate 0.1 Ethereum. The power is 177.3 Gigahash per second.
Setting up a batch file
We figured out that mining in dual is profitable from a profit position, which allows you to quickly recoup the cost of equipment. But do not forget about the other side of the coin - the need for proper program setup. The miner must know what parameters to set and how to set up a batch file for dual mining. Let's consider these nuances in detail.
As noted, the official cryptocurrency mining program does not work with Stratum, for which only the HTTP protocol is suitable. To get around the problem, a proxy is used with a connection to the pool via Stratum. There is a slight delay here, which is not critical.
Today, many pools operate on Stratum (we mentioned some above). To work, you will need an adapter that ensures the correct operation of the program. Connecting directly to HTTP reduces mining efficiency, which is unacceptable.
The advantage of Claymore is that the program works on Stratum. This allows you to directly connect to the pool and maintain a higher mining speed. This is due to the fact that when mining cryptocurrency, there is no need to waste time going through a proxy.
To get the maximum power, you need to install the Catalyst drivers. If you use other paths, there may be problems with starting the program. In addition, to work with a group of graphical processes, it is worth setting virtual memory at 16 GB. To do this, do the following:
- click on the "Start" link;
- find the link "Computer", then click on the right button and select "Properties";
- click on the link for advanced system settings, and then go to the "Advanced" tab;
- find the setting item, follow the link in addition and change the setting in the virtual memory category.
Remember that with dual mining you lose 2% of the profit (for commission). This means that the developer takes 72 seconds out of every hour. If you feel sorry for sharing earned coins, you should not use this software.
The main problems that may occur include the insufficient capacity of equipment for dual mining, as well as the loss of one to three percent of productivity in the production of cryptocurrency.
In addition to pools, there are online marketplaces on the Internet that connect miners with mining power sellers. One of these is Nicehash. This is a pool and service that earns by selling capacities to its users. The features include automatic payments of cryptocurrency, the availability of statistics, the possibility of additional settings through the configuration file.
The sequence of actions is as follows:
- Login to the site and register.
- After logging in, write down the address for mining. It can be anything, for example, 3Kj7vjnnqyXhTLdxFyxtWkDC73ESTJr4my.
- Now set up the bat file (batch file). To do this, hover over it and right-click. Go to change menu.
- Find -esw x and add -dbg -1 -dpool stratum+tcp://decred.eu.nicehash.com:3354 -dwal 3Kj7vjnnqyXhTLdxFyxtWkDC73ESTJr4my -dcri 30.
- Run the start.bat file and mine cryptocurrency.
This is one of the few cryptocurrency pools whose creators do not hide themselves, and the admin's twitter is published on the main page.
The Suprnova cc pool was launched in 2015, and one of the first cryptocurrencies that could be mined was ether. Then the administration added a large number of other crypto coins for mining. In total, the list of mined cryptocurrencies in Suprnova now has 40 units.
Suprnova is a cryptocurrency pool with the ability to mine 40 different types of coins. Bitcoin does not appear in the general list, but even without it, the choice is chic. Users most often mine:
- Ethereum;
- ZClassic;
- Zcash;
- bitcore;
- ZDash;
- Monero
- io Credits;
- Decred.
For mining cryptocurrencies, the pool charges a standard commission of 1%. But mining, GRS and START is free.
Servers
Mining on Suprnova has an international character. Therefore, for the most popular cryptocurrencies, servers are offered in different parts of the world. For example, for the production of ether, the following servers are provided:
- USA: eth-us.suprnova.cc;
- Europe: eth-mine.suprnova.cc;
- Asia: eth-apac.suprnova.cc;
- Australia: eth-au.suprnova.cc.
The following servers have been created for the ZEC cryptocurrency:
- USA: stratum+tcp://zec-us.suprnova.cc:2142;
- Europe: stratum+tcp://zec-eu.suprnova.cc:2142;
- Asia: stratum+tcp://zec-apac.suprnova.cc:2142.
For Ethereum Classic:
- Europe: etc-eu.suprnova.cc:3000;
- USA: etc-us.suprnova.cc:3000.
Only one server is provided for Litecoin mining: stratum+tcp://ltc.suprnova.cc:7000. And for DASH, two international servers were created at once: stratum+tcp://dash80.suprnova.cc:80 and stratum+tcp://dash80.suprnova.cc:443
A complete list of servers for mining each cryptocurrency can be viewed on the official Suprnova pool website.
Navigation
It is not difficult to understand on the website of the Suprnova pool. On the main page, the visitor immediately sees a list of available cryptocurrencies for mining with the mining algorithm, the number of active workers, the pool hashrate and the network hashrate. Here you need to select your cryptocurrency and click Start Mining (the resource is available only in English).
After that, you will be redirected to a page where you will need to register. Also here you can view the statistics of the pool, contact the administration or support service, view the conditions, FAQ and read about how to set up Suprnova and perform mining.
Registration in the pool
The pool operation is set up in the standard mode for any cryptocurrency. Consider setting up and running Suprnova using ZEC as an example. It is believed that mining ZEC on Suprnova is very profitable, since its cost is equal to half of Bitcoin, and it is much easier and faster to mine it.
First you need to register. At the top right you will see the Guest button. Click on it, and then the line for registration (Sign Up) will pop up. When registering, you need to register a nickname, password, email address and wallet for withdrawing the mined funds. Suprnova does not offer its own wallet. It is better to have a wallet that starts with t, as there are often problems when withdrawing from Suprnova to z- or x-wallets.
Also, when registering, you can set a minimum threshold for withdrawing funds. This will automatically show a figure of 0.002 ZEC, but it can be edited.
Production setup
The Suprnova pool enables anonymous mining. The user needs to download and install the miner, depending on which mining option suits him. You can download Nicehash CPU+GPU miner, Genoil`s AMD OpenCL GPU miner, Claymore miner, EWBF`s CUDA Zcash miner and others.
After that, you need to set up your Suprnova miner. We extract data from the downloaded WinRaR folder into a regular folder. In this folder, you will need to find a bat-file in which to register the number of processor cores, the username and password of the worker. To do this, right-click on the file and select Edit.
In order to create a worker, you must first go to your personal account and select My Workers. There we prescribe the name, password, click Add New Worker. Then we specify the same login and password in the batch file.
After these manipulations, we save the changes in the document and close it. Then we run it, and mining has begun. You can check the mining process in the Dashboard section. If your worker doesn't appear there right away, it's okay. As a rule, it takes some time for it to start its work and for the statistics to appear in the corresponding window.
Withdrawals from Suprnova
You won't have to figure out how to withdraw from Suprnova for a long time. Withdrawals are configured automatically. After your Suprnova balance reaches the mark specified in your account settings, the funds are automatically transferred to your external wallet. Therefore, there should be no problems with how to withdraw from Supernova. The main thing is to write t-, not z- or x-purse.
In order to have permanent access to your account data and production statistics, you can download the ZECcoin client on the official website.
Mobile client
If you do not have the opportunity to constantly be near your PC and view statistics online, then you can download the mobile application to your smartphone. Two similar applications from different companies have been developed:
- Suprnova Pools Mining Monitor;
- Suprnova Monitor.
You can download them from Google Play. The functionality of both applications is approximately the same, however, judging by the reviews, Suprnova Pools Mining Monitor works much more stable.
Greetings friends, in this article we will talk about withdrawing money and funds from the cryptopia (cryptopia) cryptocurrency exchange to a card or other electronic wallets, such as Yandex money.
The principle of output is equivalent as in the article,. But for convenience, we decided to write separately.
Cryptopia conclusion - we have 2 paths which I will describe.
1. Transfer of all currency to Bitcoin, and then its withdrawal through the exchanger.
2. Transfer of another currency, (not always a good way, since there are few currencies for withdrawal on exchangers)
Probably the best first way to start with.
Cryptopia how to withdraw
You mined or gained in a trade, for example, lbc, zenhush, zclassic and other currencies, we need to exchange them for btc, that is, bitcoins.
The exchange of cryptopia takes place on the market if you want to withdraw instantly. In our example, there will be an Lbry currency exchange, others as well.
And so we go to the exchange and go to the cryptopia exchanger by clicking on exchange
Red arrow - The number of coins you want to exchange for bitcoin, in our case lbc
The green arrow is the price in bitcoins that we want for our coin, naturally it will not change at any price, if we want to change it instantly, we set the price according to the market and it is in the green Last price circle. Only the price can change quickly, if you enter for a long time, then the price may change, in order to find out the real price, you need to refresh the page.
Blue arrow - This is the amount of bitcoins you will receive.
And then click Sell LBC.
To do this, we need to select and register in special exchanger services (there is a discount for withdrawal when registering). Consider the most profitable and reliable of them.
Mining on cryptopia Works great with suprnova.
You can also help the site -.
How do I fund my cryptopia account? In reverse order.
This article will discuss how to mine the Decree. Decred Cryptocurrency is a project that aims to provide the right to control the community. It uses a hybrid PoW / PoS system that allows you to reach a consensus between miners. The developers of this cryptocurrency want to solve with their project the problems that such well-known cryptocurrencies as Bitcoin and Ethereum have. This article will discuss how to mine the Decree. Setting up DCR mining does not take much time and does not require special skills from the user.
The choice of video cards for mining
Cryptocurrency Decree uses an algorithm called BLAKE256. You can get acquainted with the performance of certain video cards within the framework of this algorithm using the resource http://whattomine.com. Whattomine is used to calculate mining profitability. Thus, you can compare the profitability of all video cards available on the site and choose the most profitable among them for the algorithm you are interested in. To do this, select some video card and the Blake algorithm (14r). The site will show the hashrate, electricity consumption and an approximate estimated profit in dollars. You can also combine different GPUs and count the profit from using them at the same time. It is possible to specify any number of video cards. This will help you choose equipment for mining Decred coins.
Mining pool
Now, let's talk about where to mine Decree. For example, we will consider the Proof-of-Work pool https://dcr.suprnova.cc . This pool does not require you to have a coin wallet and keeps all funds in your account until you request a withdrawal yourself. To get started, you need to register on the site. Enter your username, password, email and PIN. The pin code consists of four digits and is required for any operations with the withdrawal of mined funds.
After registration, we log into our account on the pool website. Main page – “Dashboard” tab. Here you can see the current hashrate, information about your workers. There is also information about the number of DCR coins on the balance sheet. Just below, general information about the pool is available: total hashrate, difficulty, number of miners and information about the last blocks found. There is also global information about the entire cryptocurrency network, such as the global hashrate.
Go to the “My Account” -> “Edit Account” tab. Here you can set up billing information for your account on the pool. You will need to specify the address where you want to send the mined coins and the amount, after the accumulation of which the transfer should take place. The latter is optional, and you can accumulate any amount on your account and withdraw all funds manually. You can also specify the percentage that will be donated to support the functioning of the pool. The percentage can be any number between zero and one hundred.
For mining, you also need to create a worker. To do this, go to “My Account” -> “My workers”, fill in the name and password, click on the “Add new worker” button. There can be several workers and each can be used for a specific task.
In the same section, “My Account”, you can find a list of all transactions that were made from the account and a profitability table, which shows the number of coins earned for the last hour, day, week, month, with detailed information about all commissions. Here you can also configure notifications about various events that are associated with the pool. Among them are problems with workers, new blocks, payouts, successful logins, and sending emails from the pool.
After entering your payment information, you can start using your account on the Suprnova pool for mining. This pool is not the only one and is only considered as an example. Below is a list of the most popular DCR pools:
If you are already mining some coins or in the future you plan to switch to mining another cryptocurrency, then it would be more appropriate to use ccminer or sgminer miners, depending on your video cards, since these miners support many other coins and you do not have to keep a lot of programs on your computer.
Consider the mining setup using the sgminer miner for AMD GPUs as an example. You can download the latest version on the official github of the project: https://github.com/nicehash/sgminer/releases . Download the archive and unzip it to any convenient folder. To start the mining process, we need to create a *.bat file in the folder with the miner. Let's call it, for example, start.bat. You can create a separate batch file for each cryptocurrency for which you use the miner or, for example, for each pool where you mine. In the body of the file, we will configure the entire process.
Insert a line
sgminer -k decred -o http://dcr.suprnova.cc:3256 -u Weblogin.Worker -p WorkerPassword -I 21 -w 64 -g 2
- k decred is the currency\algorithm to use
- o http://dcr.suprnova.cc:3256 is the address of the pool (listed on the site, each miner uses its own port, for sgminer you need to specify 3256)
- u Weblogin.Worker - login on the pool site and the name of the worker after the dot
And if you are going to use Nvidia video cards for mining, then you will need the ccminer program. You can download it on the official website http://ccminer.org. Download the archive from the link and also unpack it into a convenient folder. In the *.bat file, specify the following parameters:
ccminer -a decred –url http://dcr.suprnova.cc:3252 -u Weblogin.Worker -p Worker password
Here the parameters are almost the same as in the previous case:
- a decred is the currency\algorithm to use
- url http://dcr.suprnova.cc:3252 is the address of the pool (indicated on the site, each miner uses its own port, in this case 3252)
- u Weblogin.Worker - login on the pool site and the name of the worker separated by a dot
- p WorkerPassword - worker password
Now the mining setup is completed and all that remains is to run the batch file.
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