Friday, May 24, 2024

Get Paid in Bitcoin for Altcoin Mining. BTC Payouts for GPU-Mined ETC, ERGO, RVN.


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The Advantages of Bitcoin Funds

Bitcoin is the primary cryptocurrency within the World. It was the primary crypto coin that existed and it’s nonetheless crypto #1. Every cryptocurrency investor has part of his/her wealth in BTC. Bitcoin is at all times thought of top-of-the-line methods to retailer owned crypto as nicely by the miners. A few of them favor money or stablecoins like USDT, however stablecoins depend upon the issuer and in the long run may very well be a lot much less dependable. All of us bear in mind the latest crash of UST.

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When you mine ERGO and if you wish to retailer and hodl ERGO there isn’t any purpose so that you can use the BTC payout mechanism 🙂 Nonetheless, typically, BTC funds are fairly handy and cost-effective. The BTC payouts have been initially accessible for the ETH mining pool solely. ETH switches to POS and it’s not mined anymore since September fifteenth.

We have already got the BTC payouts characteristic carried out for Ethereum Basic (ETC), ERGO (ERG), and Ravencoin (RVN) mining swimming pools.

You possibly can get the payout in case you mine within the pool or in SOLO mode, our system works for each conditions.

Bitcoin Payout Mechanism

The system algorithm is fairly simple. BTC payouts are processed as soon as a day at roughly 12:00 UTC. It’s all written on the Payouts tab of the coin you mine. Right here is an instance for ETC.

payouts_etc

Let’s say you mine ETC and select the BTC payouts. Day-after-day at 12:00 UTC the pool checks if in case you have reached the payout threshold you set. If the response is constructive and your unpaid steadiness exceeds your payout threshold then your cash are despatched to a cryptocurrency alternate along with the cash of different miners.

At the moment, we work with three completely different exchanges: Kraken, KuCoin, and Binance.

The cash are exchanged to BTC on the crypto alternate after which despatched to the 2Miners Bitcoin Gateway. Then BTC is distributed to every miner.

Bitcoin Payout Charges

Every BTC payout normally prices you some quantity of BTC. We state within the pool that it’s lower than $0.2. To be sincere, normally, it’s lower than $0.1, generally even round a few cents. This isn’t the price taken by 2Miners, it’s a price taken by the Bitcoin community. However why it’s so low then? It’s as a result of we unite all of the BTC payouts collectively in a single transaction. That reduces considerably the transaction prices for a single miner.

We don’t cost the miners any charges for deposit/withdrawal to the alternate transactions. We don’t cost any further charges. All you pay is a small a part of the Bitcoin community transaction price.

Why do you have to pay this BTC price in case you may obtain Ethereum Basic payouts in ETC, ERGO payouts in ERG, and Ravencoin payouts in RVN with none charges?
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Many miners wish to accumulate Bitcoin. When you use our system you save a variety of charges on deposits and withdrawals from the crypto alternate. You save a lot time on a relentless exchanging of cash too. Ultimately, you get the BTC on the pockets you want. It may very well be a chilly/sizzling/{hardware} pockets, and sure, a crypto alternate pockets in case you’d prefer to.

It isn’t really helpful to retailer your cryptocurrency on a cryptocurrency alternate.

When you say that you just don’t want BTC and also you wish to maintain ETC/ERG/RVN, then clearly BTC payouts should not for you. You possibly can get the usual payouts within the coin you mine with none charges. These payouts are processed in 2Miners each two hours.

Get Paid in Bitcoin for Ethereum Basic (ETC) Mining

Ethereum Basic was the second hottest GPU-mined coin. With out Ethereum, it turns into the most important community when it comes to the mining hashrate concerned. So as to begin receiving the payouts in BTC, you don’t want to use any difficult settings. Mainly, the one factor you want is a BTC pockets tackle. The payout system is powerful and time-tested. We’ve launched the BTC payouts for the ETC pool in April 2022. All the main points may very well be discovered within the put up Getting Paid in Bitcoin for Ethereum Basic (ETC) Mining: Step-by-Step Information.

To start out mining ETC and receives a commission in BTC simply substitute the ETC pockets tackle with the BTC one. Our pool mechanically detects the pockets tackle you utilize after which processes the funds within the corresponding blockchain. ETC pool particulars may very well be at all times discovered on the Assist web page.

Contemplate the next instance of the ETC mining with Gminer software program.

When you use Gminer for ETC mining and also you wish to get the payouts in ETC you possibly can use this pattern bat file.
miner.exe --algo etchash --server and so forth.2miners.com:1010 --user 0x22A9a06615492BdA25bD518F1973cd23B548DB13.RIG_ID

If you wish to mine ETC with Gminer and if you wish to get the payouts in BTC all you have to do is to substitute your ETC pockets tackle 0x22A9a06615492BdA25bD518F1973cd23B548DB13 together with your BTC pockets tackle bc1qnkyhslv83yyp0q0suxw0uj3lg9drgqq9c0auzc. The bat file will appear like this.
miner.exe --algo etchash --server and so forth.2miners.com:1010 --user bc1qnkyhslv83yyp0q0suxw0uj3lg9drgqq9c0auzc.RIG_ID

That’s it. There is no such thing as a rocket science in any respect. Simply use your BTC pockets tackle and begin mining. The identical settings may very well be utilized to another miner: T-Rex, lolMiner, NBMiner, TeamRedMiner and so forth. and so forth.

An necessary factor is that you possibly can use any sort of Bitcoin pockets tackle you want. We help some of these addresses.

  • SegWit: bc1qnkyhslv83yyp0q0suxw0uj3lg9drgqq9c0auzc
  • Compatibility: 3GRdnTq18LyNveWa1gQJcgp8qEnzijv5vR
  • Legacy: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

RaveOS Settings for ETC Mining and BTC Payouts

It’s extraordinarily simple to use the settings for RaveOS. If you wish to mine ETC and receives a commission in BTC copy your BTC pockets tackle and paste it into the Pockets area. Please discover under the screenshot with the instance of the settings.

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HiveOS Settings for ETC Mining and BTC Payouts

HiveOS is one other standard mining OS distro. If you wish to mine Ethereum Basic in HiveOS and receives a commission in Bitcoin paste your BTC tackle to the Handle area. You possibly can discover the instance under.

etc_btc_hiveos

ASIC Settings for BTC Payouts. Antminer E9, Innosilicon A10, A10 Professional, A11

With no Ethereum mining accessible, a variety of ASIC miners change to Ethereum Basic mining. Relying in your ASIC producer your settings web page may very well be completely different nevertheless it at all times has such necessary fields as pool URL (host:port) and your pockets tackle which may very well be additionally referred to as your employee identify. To get BTC payouts you have to use your BTC pockets tackle on the ASIC settings web page. Right here is an instance.

URL: stratum+tcp://and so forth.2miners.com:1010
Employee: bc1qnkyhslv83yyp0q0suxw0uj3lg9drgqq9c0auzc
Password: x

Get Paid in Bitcoin for ERGO (ERG) Mining

BTC payouts for ERGO have been launched in September 2022. ERGO shouldn’t be offered on Kraken or Binance so we have been compelled to implement a brand new cryptocurrency alternate KuCoin to our system. ERGO BTC payouts like all different BTC payouts are processed as soon as a day at 12:00 UTC. Please do not forget that the alternate course of may take some hours to be accomplished.

The settings are at all times simple. Use your Bitcoin tackle as an alternative of your ERGO tackle to get the payouts in BTC. Right here is an instance of T-rex mining software program. Keep in mind to vary the BTC pockets tackle to your private BTC tackle and specify the RIG_ID if required.

t-rex.exe -a autolykos2 -o stratum+tcp://erg.2miners.com:8888 -u bc1qnkyhslv83yyp0q0suxw0uj3lg9drgqq9c0auzc -w RIG_ID -p x

The settings for different mining software program may very well be at all times discovered on the ERGO mining pool Assist web page.

When you favor a visible content material The Hobbyist Miner made a video for you.

RaveOS Settings for ERGO Mining and BTC Payouts

This screenshot from RaveOS exhibits how may you set the ERGO payouts to your BTC pockets tackle.

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HiveOS Settings for ERGO Mining and BTC Payouts

HiveOS settings for ERGO don’t differ a lot from ETC ones. Create a brand new Pockets for ERGO mining and specify the BTC tackle within the Pockets area. Right here is an instance.

erg_btc_hiveos

Get Paid in Bitcoin for Ravencoin (RVN) Mining

The final however not least, the Ravencoin mining pool obtained the BTC payout characteristic. With Ethereum going to POS Ravencoin obtained a variety of traders’ consideration. RVN worth surged virtually 150%.

rvn_price_surge

The Assist web page of the Ravencoin mining pool has all of the settings required to start out RVN mining with BTC payouts. Right here is an instance of top-of-the-line software program for AMD graphics playing cards TeamRedMiner.

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

RaveOS Settings for RVN Mining and BTC Payouts

You possibly can obtain BTC payouts for RVN mining both in case you use RaveOS or another working system. Specify your Bitcoin pockets tackle within the Pockets area and select the closest 2Miners Ravencoin server. If unsure use the EU location. That is an instance.

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HiveOS Settings for RVN Mining and BTC Payouts

Create a brand new Pockets in HiveOS settings. Select RVN coin and enter your Bitcoin tackle within the Handle area. You might be all set!

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BTC Payouts for SOLO Mining

2Miners BTC payouts system works for each normal swimming pools with PPLNS rewards distribution and SOLO pool the place you mine alone. How the Mining Pool Works: PPLNS vs. SOLO.

SOLO mining is far riskier in comparison with pool mining. It normally requires big hashing energy or a variety of luck. You possibly can at all times estimate your possibilities to go SOLO with our mining profitability calculator 2CryptoCalc. Enter your {hardware} or hashrates and select the coin you’d prefer to mine SOLO. Right here is an instance for Ravencoin calculation with 4 500 MH/s hashrate on KAWPOW algorithm.

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Effectively. Dangerous, however nonetheless doable. Often, we don’t advocate SOLO mining in case you get lower than 2-3 blocks/day. When you bought 0 blocks each day it turns into a lottery and your rewards would fluctuate lots day-to-day.

When you determine to mine SOLO you possibly can get the BTC payouts for ETC, RVN, and ERGO mining. Enter your BTC pockets tackle in your settings and you might be able to go. The settings may very well be at all times discovered on the Assist pages of every pool.

2Miners SOLO Swimming pools with BTC Payout Possibility

Keep in mind to comply with us on Twitter to get all of the information as quickly as doable.

We extremely advocate you to affix our miner group in Telegram or one of many native chats in Russian, Turkish, Spanish, Chinese language, and Persian.



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