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.

It’s hot not only outside, but crypto charts are hot also, we can confidently talk about summer fever!

After the first signal was given by the irreplaceable Bitcoin, his younger brothers intend to follow him.

We are pleased, in particular, that many mineable coins have chosen such a goal! 

On this occasion, we have prepared a new version of the ZETOS App, with the latest and best mining speeds. Faster speeds will be available at least:

For Rx AMD graphic cards:
Ethereum +10%

For GTV Nvidia graphics cards:
Zcoin 
Grin 
Ethereum
Beam
Raven

In addition, several new projects:
BitCash (GTX)
Sumo (Rx)
SIN (Gtx)

The integration process can be done remotely or we just need your hard disk on which we will record the software designed for your servers – optimization for free!

Order now the ZETOS App!

The post ZETOS App – Major update first appeared on ŻET Technologies.

ZET Technologies office

Some say our industry is a state of mind. Well, something is probably the case, it is difficult to indicate the field in which so much happened in 3 years. And we feel that the last word has not yet been spoken.

A short summary of the historical prices of Bitcoin and Ethereum – two cryptocurrencies with which we are closely associated; prices at the beginning of the adventure (April 2016), price at ATH (December 2017), current price (April 2019). A real rollercoaster!

Bitcoin

April 2016 – 416 USD

December 2017 – 19 623 USD

April 2019 – 5187 USD

Ethereum

April 2016 -10,32 USD

December 2017 – 1448 USD

April 2019 – 177,81 USD

Thank you to our community, there is almost 4,000 of us on the fanpage and all enthusiasts of distributed registers who love computing power. HODL.

On this occasion, by the end of the week, all computing servers -5% (GPU, ASIC, FPGA), and for services – 10% (repair, service, maintenance, software, masternode, server optimization).

We intend to stand at the mining post for the next long and electrifying years. We feel that the most interesting is just ahead of us.

The post Third Birthday of ZET Technologies! first appeared on ŻET Technologies.