Earn More With Ethereum (ETH) + Zilliqa (ZIL) Dual Mining
- Created: Wednesday, 10 February 2021 02:11
If you are mining, then with a high degree of probability you are mining Ethereum (ETH) right now. This is true for all owners of video cards with more than 4 GB of video memory, however, even if you use 4GB cards, like the Radeon RX 470/480/570/580, you still have the opportunity to mine Ether thanks to the support of the so-called "Zombie mode" by some miners ... And even in this mode, in which the hash rate of video cards with 4 GB of memory is lost, as a rule, Ethereum mining is the most profitable option. In this article, we want to tell you about a way to increase income when mining Ethereum, namely, dual mining Ethereum (ETH) + Zilliqua (ZIL). This mining method has been available for quite a long time, but not everyone still knows about it.
Thanks to the unique Zilliqa consensus mechanism, which significantly reduced the "ecological footprint" of the ZIL mining process, it takes only 1 minute of mining every 2-3 hours, and this fact allows you to mine other coins such as Ethereum (ETH), Ethereum classic (ETC) all the rest of your free time.
If you plan to keep the mined ZIL coins for a long time, you can use staking at a rate of 6-12% per annum, which will give you additional profit.
Zilliqa is a high-throughput public blockchain platform that can scale to thousands of transactions per second, built for performance, scalability and security. ZIL is a Zilliqa network token that can be used to execute smart contracts, reward miners, and pay transaction fees. The developer company has its roots in academic research, it was founded on the basis of the National University of Singapore and is the brainchild of a group of scientists, engineers and entrepreneurs.
With the launch of the Zilliqa mainnet in January 2019, it became the world's first public blockchain platform to successfully use sharding as a scaling solution. The current price of one ZIL coin, according to data from CoinMarketCap, is about $ 0.09 or about 0.000001968 BTC or 0.00005237 ETH. Currently, Zilliqa is in 56th place in terms of market capitalization and soon, based on its growth rate, may take its place in the TOP-50.
The Ezil.me mining pool allows you to simultaneously mine Ethereum (ETH) or Ethereum classic (ETC) and Zilliqa (ZIL). Most of the time, the pool mines ETH or ETC, but shortly before the start of a new round (that is, once every few hours), the pool switches to mining ZIL for 1 minute, after which it instantly switches back to ETH or ETC. From the user's point of view, no additional actions are required for this, everything happens automatically, and rewards are accrued and paid the same for both cryptocurrencies with dual mining (ETH + ZIL and ETC + ZIL). The pool does not require registration, you only need the data of ETH and ZIL wallets, and they will be your identifiers for entering the system. The easiest way to get a wallet address for ZIL is to use an appropriate exchange that supports that coin (like Binance).
The Ezil.me pool has minimum payouts set at 0.05 ETH and 30 ZIL. (you can set the values above) with daily payments when the minimum payment is exceeded on the account balance, the mining reward is credited to your balance every 30 minutes, so do not worry if you do not see the mined ZIL coins immediately after the mining round is completed. By default, the pool charges miners a commission of 1%. However, if you use our promo code "8ae4" you will receive a 10% discount on the commission charged for a period of 2 weeks, meaning your commission will be only 0.9% for a while.
Ethereum (or Ethereum classic) + Zilliqa dual mining is supported by multiple miners (PhoenixMiner, T-Rex, LolMiner) available for use with both Nvidia cards and AMD GPUs.
Examples of .BAT files for PhoenixMiner for double mining:
- For mining ETH + ZIL: PhoenixMiner.exe -pool stratum1+tcp://eu.ezil.me:5555 -proto 2 -wal ETH_WALLET.ZIL_WALLET -worker WORKER -stales 0 -log 0
- For mining ETC + ZIL: PhoenixMiner.exe -pool stratum1+tcp://eu.ezil.me:5555 -proto 2 -wal ETH_WALLET.ZIL_WALLET -worker WORKER -stales 0 -log 0
Don't forget to replace "ETH_WALLET" and "ZIL_WALLET" with your wallet addresses. And also replace "WORKER" with a unique worker name for each of your rigs.
You can calculate the profitability of Zilliqa mining at lite.profit-mine.com. Just enter your Ethereum hash rate in MH/s and find out how much you can earn in addition to mining Ether.