Friday, May 24, 2024

November 2022 Work Progress Report: ZEC and ERGO Node Updates


November Work Progress Report

Cryptocurrency Node Updates

We up to date a number of the cryptocurrency nodes in November. It’s at all times crucial to have the newest node firmware to supply our miners with the perfect mining expertise.

Zcash (ZEC) 5.3.0 consists of efficiency enhancements and reduces concurrent reminiscence utilization throughout scanning amongst different reminiscence and performance-related optimizations within the Zcash node.

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Ergo Protocol Reference Consumer 5.0.3 accommodates totally different node upgrades together with slicing in /scan/unspent containers by inclusion top and extra. The total checklist of options may very well be discovered on GitHub.

Mining Rewards Fluctuations

One of many largest crypto alternate platforms FTX crashed in November. The issues tumbled into the open on November 2nd when CoinDesk printed a report questioning the monetary well being of each FTX and Alameda Analysis, managed by FTX. It was indicated that a lot of Alameda’s steadiness sheet was manufactured from FTX native tokens FTT.

The FTX collapse led to a drop within the cryptocurrency market together with the GPU/ASIC-mined cash. This resulted within the rewards lower for the miners. A number of the miners switched off their gear as mining will not be extra worthwhile for them anymore. Even Bitcoin hashrate dropped in November by greater than 10%.

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On the finish of the month the market just a little bit stabilized. The costs of many cash went up. So did the mining rewards. We advocate utilizing 2CryptoCalc.com to search out essentially the most worthwhile cash in your {hardware}. It is vitally simple to make use of as you possibly can simply enter the quantity and the fashions of the graphics playing cards you’ve. After all, you possibly can additionally enter the hashrate values immediately if you recognize them.

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BTG Delisting from Binance

Consideration Bitcoin Gold (BTG) miners! Binance cryptocurrency alternate delisted BTG on 2022-10-24. Our help group remains to be receiving messages from the miners who missed this information. If you happen to mine Bitcoin Gold and you employ the pockets generated on the Binance crypto alternate, please change your pockets handle instantly. Our pool is nameless and we aren’t in a position to switch the mined cash from one pockets handle to a different pockets handle.

We welcome you to hitch our miner group in Telegram or one of many native chats in Russian, Turkish, Spanish, and Chinese language.

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



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