We definitely like such challenges

Author: Marcin Żywica from ŻET Technologies

Miner, founder of ŻET Technologies, a company
designing and manufacturing advanced crypto miners.
ŻET Technologies provides computing power for blockchain
networks, creates technology for 21st century business.

The post Current work first appeared on ŻET Technologies.

Despite the fact that Toncoin uses a blockchain operating in the Proof of Stake consensus, from the average miner’s side it looks as if it is using the Proof of Work protocol. This is because the initial 5 billion coins have been transferred to the “Proof of Stake Giver” smart contract. This smart contract distributes coins to miners according to their computing power in the darkcoin algorithm. So it is not a classic mining that generates new blocks attached to the chain, but an mining rig strongmen competition.

It is worth noting that the darkcoin algorithm practically does not burden the memory subsystem of graphics cards. This means that users of cards with high-bandwidth GDDR6X memory do not have to worry about thermal impact due to the use of algorithms that perform intensive activities using the memory subsystem. This is especially important in the case of RTX 3080, RTX3080Ti and RTX3090 cards, which have notorious problems with ensuring adequate heat dissipation from GDDR6X modules.

Moving on to the merits, our observations on Dual Mining ETH / ETC + TON:

We are mining two coins at the same time, ETH and TON. It is a value in itself

Our revenues will be higher and the investment will be more diversified (enriched with TON mining)

Low hardware requirements – 4GB graphics cards are enough to be able to mine ETC + TON

Significantly increased strain put on the equipment – on average 10-20% higher energy consumption, which translates into a significant impact on thermals and acoustics.

More TON, less ETH – the first tests show a slight decrease in ETH yield, so DUAL mining in this case is a change from one crypto to another, something for something, it is not a pure bonus.

With the high cost of electricity, the benefits may not be sufficient. ETH solo mining could turn out to be more profitable.

Some graphics card models may fail – especially RTX models with LHR, for them ETH + TON operation may just be a path to early retirement

Very dynamic increase in the difficulty of mining TON, if the trend continues, the benefits will soon be too small to compensate for the cost of accelerated wear and tear of the equipment.

Entering ETH + TON Dual mining definitely requires an in-depth profit and loss analysis, you have to answer the question whether the increased profits will compensate for the losses in the form of accelerated equipment wear and increased energy costs. For some models of graphics cards there is a green light for some unfortunately NO

We attach a video from our YouTube channel showing tests on selected mining rigs using the Zetos App.

Author: Marcin Żywica from ŻET Technologies

Miner, founder of ŻET Technologies, a company                                                                                  designing and manufacturing advanced crytpo miners.                                                                          ŻET Technologies provides computing power for blockchain                                                                  networks, creates technology for 21st century business.

The post DUAL Mining ETH+TON first appeared on ŻET Technologies.