Cryptocurrency mining explained in plain words: mining software and hardware reviews
including ASIC and GPU. Expert opinion on cryptocurrency market and future crypto mining
outlook.
2Miners pool developers have come across the incompetence of other members of the mining industry. Bitforex exchange has accidentally lost coins of a pool miner and failed to find them. The dispute has dragged on for a while, but we have realized that dealing with this platform is a risky business. We would like to tell you what happened and how it all ended.
As you may know, 2Miners are a quite intensive operation: we have almost 40 pools, most of which are specialized software on dedicated physical servers located in three locations around the world.
We’ve received a lot of requests last week on Telegram Support Chat and 2Miners Helpdesk. Miners were reporting a sudden drop of Antminer E3 hashrate on Ethereum Classic (ETC) cryptocurrency mining pool. Ethereum (ETH) mining though was working fine. We have investigated this issue and the conclusions are disappointing.
Innosilicon A10 is one of the most powerful Ethash ASIC devices available. 2Miners miners are beginning to receive their A10 machines. We have updated our pools to support ASIC-compatible Stratum protocols as well as the native NiceHash protocol. This allows you to mine more efficiently using the NiceHash rented hashing power and ASICs such as Innosilicon A10.
We have completed a new round of updates for our pools bearing Ethereum protocol coins. Now the pools support native NiceHash and ASIC-compatible Stratum protocols allowing you to mine more efficiently through the NiceHash orders and with the ASICs (such as Innosilicon A10, for example).
The end of the year is a perfect time to reflect and try to predict the future. The 2Miners pool team may not own a crystal ball, but we can identify major trends and features of the mining industry in the next year. We will talk about what to expect from cryptocurrencies and what you shouldn’t miss in 2020.