July 2023 Work Progress Report: New Coin Nexa, Kaspa Geo Server

adminDecember 4, 2023

July work progress report

Nexa by 2Miners

In July, 2Miners expanded its mining pool options with the introduction of Nexa. This innovative cryptocurrency has quickly gained popularity among miners and is consistently ranked as one of the most profitable coins according to 2CryptoCalc.com’s Mining Profitability Calculator.

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At 2Miners, we aim to provide you with the best mining experience by offering both PPLNS and SOLO mining options on Nexa. Currently payouts are only available on NEXA, but we are excited to announce that we are preparing to launch BTC payouts for NEXA miners in the coming weeks. The goal of this step is to increase miners’ flexibility to accommodate different payment preferences.

If you would like to learn more about Nexa mining, we have curated a comprehensive guide called How to Mine Nexa Using GPU: Mining Setup and Profitability. This blog post will give you all the information you need about Nexa mining, covering everything from mining setup to profitability.

Case Mining Updates

US and Asian Kaspa servers

As part of our ongoing efforts to improve the mining experience for 2Miners, we have made several important updates to Kaspa (KAS) mining operations this month.

We have expanded our global presence by launching servers in Asia and the United States. Now, wherever you are in the world – Europe, America, Asia, etc. – we are here to help. All server locations are easily accessible and listed on the Kaspa mining pool main page and help pages.

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Best mining pool for Ice River KS0

We have deployed a specific port customized for Ice River KS0 miners. The dedicated server address is:

Europe: kas.2miners.com:2121
United States: us-kas.2miners.com:2121
Asia: asia-kas.2miners.com:2121

This upgrade meets the specific requirements of the Ice River KS0 miner, ensuring optimal performance and efficiency. Miners in a Telegram chat noted that only 1% of shares were invalid in the new port. This is beneficial in that you can receive higher rewards due to the improved operation of your mining rig.

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We also remind KS0 owners that 2Miners offers a unique advantage as it gives you the flexibility to choose your preferred payment method. While mining Kaspa, you can choose your payout in KAS or BTC. Start mining Kaspa.

KAS block reward reduction

KASPA block rewards were reduced again in July, as planned in the KASPA emissions schedule. Block reward reduced from 207.65 KAS to 195.99 KAS per block. The 2CryptoCalc mining profitability calculator has been updated accordingly, so you can plan your mining activities using the latest data.

ERG and NEOX Rewards Reduction

ERGO (ERG) rewards have recently decreased. Block rewards for miners have been reduced from 39 ERG to 36 ERG according to the Ergo emission schedule. We advise miners to keep up to date with these changes.

In the same context, NEOX also experienced a reduction in compensation. Starting from block 622500, as smart nodes on the NEOXA network became active, block rewards were distributed between miners and smart nodes. As a result, the miner’s reward per block was reduced to 2250 NEOX. More information about this change can be found on their site. Twitter. Please note these changes!

2CryptoCalc mining profitability calculator has been updated to reflect the new NEOX and ERG rewards.

new mining software

Some updates have been made to 2Miners’ quickstart archive, which hosts all the mining software required for the coins available in the 2Miners pool, along with ready-to-use bat files. Users simply need to change these bat files by adding their personal wallet addresses. This makes the entire setup process much easier and faster.

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