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HomeCrypto MiningDecember 2022 Work Progress Report: Yr-end Outcomes

December 2022 Work Progress Report: Yr-end Outcomes

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December Work Progress Report

Cryptocurrency Node Updates

The brand new node software program was put in to maintain all of the mining swimming pools up-to-date.

Ergo Protocol Reference Shopper 5.0.4 has a number of code optimizations. The discharge particulars can be found on GitHub.

Zcash v5.3.2 and beforehand v5.3.1 solved some minor points and improved reminiscence utilization. The discharge particulars can be found on GitHub.

Cortex 1.10.36 launch known as by the title of Lionel Messi. The discharge particulars can be found on GitHub.


Mining in 2022. Yr-end Outcomes

This was a tricky 12 months for the cryptocurrency trade and notably crypto miners.

First, TerraUSD/LUNA, Three Arrows Capital, Celsius, and FTX collapses in 2022 led to an incredible crypto market drop.


Second, however no much less vital, the Ethereum coin switched to POS from POW. The top of the ETH mining period was probably the most painful occasion ever for the graphics card mining group. Roughly 95% of all GPU miners have been mining ETH. The top of Ethereum mining resulted in an enormous hashing energy launch. All different GPU-mined cash and algorithms instantly gained many miners and consequently, the profitability fell respectively. The newly emerged cash reminiscent of EthereumPoW didn’t assist that a lot.

Hopefully, the mining group is powerful sufficient and we nonetheless have greater than 50K miners on-line. This 12 months we eliminated not solely ETH, which isn’t mined anymore, but in addition Expanse (EXP), Metaverse (ETP), and MimbleWimbleCoin (MWC). We now have 17 cash obtainable in 2Miners now and our builders work exhausting to convey you the brand new ones. At present, we’re engaged on Kaspa (KAS).


Bitcoin payout was an awesome success final 12 months as BTC funds are very handy for the main a part of the miners. This 12 months we unfold the BTC funds characteristic to different cash. Now you can receives a commission in Bitcoin for those who mine Ravencoin, Ergo, Ethereum Traditional, and Zcash. The BTC funds for Horizen are virtually prepared as effectively. We’d like to make this characteristic obtainable for all of the cash we’ve got however typically it’s simply unimaginable to discover a reliable crypto-exchange with the required buying and selling pairs and buying and selling volumes, and dependable API as effectively.

Irrespective of for those who belief within the upcoming crypto bull run or not, cryptocurrency mining stays and we at all times do our greatest to give you the most effective mining expertise doable.

We want you all the most effective in 2023!


We welcome you to affix our miner group in Telegram or one of many native chats in Russian, Turkish, Spanish, and Chinese language.

Keep in mind to comply with us on Twitter to get all of the information as quickly as doable.



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