Get Even Better Profit by Dual-Mining Ethereum (ETH) and Zilliqa (ZIL)

If you are a crypto miner you should be mining Ethereum (ETH) at the moment with any suitable video card that has more than 4GB video memory, or if you even have a 4GB ones that can still mine it in “Zombie Mode” due to the high profitability. There is a way to increase your profit even further when mining ETH and that is to dual-mine Ethereum and Zilliqa (ZIL). Thanks to Zilliqa’s consensus mechanism, the ecological footprint of mining has considerably been reduced in a way that only 1 minute out of every 2-3 hours is needed to mine ZIL, allowing you to dual-mine other crypto coins such as Ethereum (ETH) or Ethereum Classic (ETC) the rest of the time. Then the ZIL coins you have mine can be staked with about 6%-12% APY, so an extra profit if you plan on holding long term your Zilliqa coins.

Zilliqa is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. It is built to deliver performance, scalability, and security. ZIL is the token that powers the Zilliqa blockchain, a token that can be used for smart contract execution, to reward miners, to cover transaction fees, and more. The company (and platform) has its roots in academic research, it was born at the National University of Singapore and was the brainchild of a team of academics, entrepreneurs, and engineers. With the launch of Zilliqa’s mainnet in January 2019, it became the first public blockchain platform in the world to successfully utilize sharding as a scaling solution. The current price of a single Zilliqa (ZIL) coin is a little over $0.09 USD or roughly 0.000001968 BTC or 0.00005237 ETH according to CoinMarketCap. Currently Zilliqa sits at number 56 in term of coin market capitalization and can soon take its place in the TOP 50 crypto coins based on their market cap.

The Ezil.me mining pool mines Ethereum (ETH) or Ethereum Classic (ETC) and Zilliqa (ZIL) simultaneously. Most of the time the pool is mining ETH or ETC, but just before a ZIL mining round starts, which is every few hours, the pool will automatically switch to ZIL mining for a minute, then it instantly switches back to mining ETH or ETC. From the individual miner’s perspective, no action is required as everything happens automatically in the background, and the reward is credited and paid the same way for both dual-mined crypto coins (ETH+ZIL or ETC+ZIL). The pool does not require a registration, you just need an ETH and ZIL wallet addresses as they are your user IDs for login. An easy way to get ZIL wallet address is to use a supported exchange such as Binance, though we do not generally recommend direct mining of crypto coins to an exchange.

The Ezil.me pool has a minimum payout for Ethereum set at 0.05 ETH and a minimum of 30 ZIL (you can increase them over these values) with daily payouts if the minimums are met. Mining rewards are credited to your pool balance every 30 minutes, so do not worry if you do not see any mined ZIL coins immediately after the mining round finishes. The pool has 1% default commission for miners though if you use the promo code 58f6, you will get an extra 0.10% cashback for two weeks, essentially lowering the initial mining fee of the pool from 1% to 0.9% for some time. You can dual-mine ETH + ZIL on AMD and Nvidia GPUS using a number of miners such as PhoenixMiner, the T-Rex or LolMiner and even should be able to use the More Epochs Мod v1.4 for Claymore Ethereum (ETH) Miner v15.

Example for Dual Mining ETH + ZIL on Ezil.me Pool:
PhoenixMiner.exe -pool stratum1+tcp://eu.ezil.me:5555 -proto 2 -wal ETH_WALLET.ZIL_WALLET -worker WORKER -stales 0 -log 0

Example for Dual Mining ETC + ZIL on Ezil.me Pool:
PhoenixMiner.exe -pool stratum1+tcp://eu.ezil.me:4444 -proto 2 -wal ETC_WALLET.ZIL_WALLET -worker WORKER -coin etc -stales 0 -log 0

* Make sure to replace the two WALLET lines with your ETH/ETC and ZIL wallets and also set WORKER to a unique name for each mining rig you point to the pool.

Older Post >>>

Source: cryptomining-blog.com

You might also like

Leave A Reply

Your email address will not be published.