Month: February 2023

How to do triple mining?

Dual or triple mining (or, in English, "dual mining" or "triple mining") is a method that boosts the profitability of a GPU, allowing 2 or 3 cryptocurrencies to be mined in parallel. Software such as Lolminer has integrated this type of solution, which we will show you how to use step by step in this tutorial.

Double or triple mining is based on mining coins with supported mining algorithms. In other words, this modality cannot be applied to any pair or trio of existing currencies, but only to some specific ones, such as the case of Ethereum Classic (ETC) along with Kaspa (KAS) and Zilliqa (ZIL).

This mode of mining allows the use of the GPU to be boosted, as it uses the excess memory that is not being used when mining a cryptocurrency. This is important because only 1 of the 3 cryptocurrencies will offer a similar return to that obtained by individual miningthe others will share the remaining memory. This is why double or triple mining does not mean double or triple profit.

We have chosen to show how to set up Lolminer to mine ETC+KAS and ETC+KAS+ZIL, which offer the highest stability. A curious fact about ETC and KAS is that these cryptocurrencies were the ones that received part of the hashrate that left Ethereum after the Merge.

1. Download Lolminer

Lolminer is the mining software we will be using in this tutorial. It was released in 2020 by the developer known as Lolliedieb. Originally, this software was only compatible with AMD-branded GPUs; however, recent updates have added support for NVIDIA.

Lolminer has support for more than 15 mining algorithms, including Ethereum Classic's Etchash, EthereumPoW's Ethash, Kaspa's kHeavyHash, Zilliqa's ZelHash, among others.

To download Lolminer, you'll need to go to the official repository and download the latest version, which, at the time of this publication, is 1.67.

With the downloaded file, unzip it and go to the next step.

Configuring Lolminer for mining

lolminer files on desktop — Lolminer archive file. Source: Screenshot/Lolminer folder.

What you see in the image above is the list of files to mine in Lolminer. Each of these executable files is configured for a specific type of mining and a specific cryptocurrency, which you can see the name of each file. In our case, we will focus on the "triple_miner_zil_etc_kas" and "dual_mine_etc_kas" files, which are specifically for ETC, KAS and ZIL.

Dual mining configuration

For configure the file to dual minerSelect the file "dual_mine_etc_kas" and open it from a text editor. From Windows, you can right-click on the file and then click on "Edit".

Occasionally, the antivirus may be activated, as it identifies the Lolminer ".bat" files as viruses. In this case, it will be necessary to give the antivirus permissions to continue with the process.

The ".bat" files in the Lolminer Windows file are responsible for running the miner. Source: Screenshot/ Lolminer file.

For the Dual mining configuration of the file we have just opened in the text editor, we will only pay attention to the 3 values marked in the red boxes in the image above. The file comes preconfigured to run, only we must define the pool to be used (optional) and the wallet where the funds are to be deposited (compulsory).

By default, Lolminer uses the 2miner pool for ETC and Accpool for Kaspa. You you can define the pool of your choice. On the wallet, you must indicate an address for both ETC and KAS. Once you have these values, let's configure it.

In the first box, on the option "POOL=etc.2miner.com:1010" (this may vary depending on the version of Lolminer), you must delete the text "etc.2miner.com:1010" and place the link corresponding to the pool of your choice. On "WALLET=0x1334...", which corresponds to Ethereum Classic, you will repeat the same procedure: you will remove the default wallet and insert your wallet.

You must repeat this step for the Kaspa box. In this case, the values would be "KASPAPOOL=..." and "KASPAWALLET=...". Remember to delete only the values after the "=" sign, preserving the inverted commas.

Finally, you can change the name of your miner by modifying the "Worker=..." option. This value has no direct effect on the mining configuration, but allows you to identify the miner within the pool.

With everything ready, you must save the file. To do this, select the "File" option at the top and click on "Save".

Triple mining configuration

For triple mining, the configuration is basically the same. In this case, you will select the file "triple_miner_zil_etc_kas".

Unlike the dual mininghere you will have to set up 3 cryptocurrencieseach with its own pool and wallet. For ETC and KAS, the same parameters apply as above. For Zilliqa, you must change the values of "ZILPOOL=..." and "ZILWALLET=...". You can leave the default pool configured or modify it.

sections to be modified to set up triple mining and lolminer — Triple mining configuration file in Lolminer. Source: Screenshot/ Lolminer file.

Always remember to change the default wallet setting.Otherwise, you will not receive your earnings. Also, as a recommendation, save the file and check by closing and opening it to make sure that the changes have been made. Don't trust, verify.

WINNER OF THE L3+ DRAW

Today we will announce the winner of the Antminer L3+ of the draw held on 15 February 2023.

Hello Miners! We know that you liked this raffle, you have invited many friends and you have shared the publication a lot, we want to emphasize that even if you don't win this raffle you will have more chances to do it.

Winner of the ANTMINER L3+

The winner is @cristian_ac_27 INSTAGRAM USER. Contact to receive your prize with contacto@minandovoy.com

Thank you very much Miners! See you soon.

Finance your products with Minando Voy

Good news Miners!

Finally, we can announce that you can now finance your purchases in Minando Voy in a safe, fast and comfortable way, we will take care of all the paperwork.

Why finance a mining machine?

Financing allows you to obtain the necessary resources to carry out a project, in this case the purchase of one or more cryptocurrency mining machines to generate an extra monthly income.
Financing offers you flexibility in terms of payment terms, instalments and interest rates, which can be adapted to the needs and possibilities of each person or company. We offer you up to 5 years of funding.
Financing allows companies to maintain their cash flow, as they can obtain resources to finance their activities without having to disburse all the money on the spot.
Financing makes it possible to take advantage of business, investment or asset acquisition opportunities.

Financing a mining machine is a good idea, because thanks to it, you will be able to get a bonus every month.

You ask for it, Minando Voy brings it to you. There is no more excuse, now you can get that machine you wanted to have, thanks to our financing.

Abanca Corporación Bancaria, S. A. is the entity through which the financing is provided to our customers. In order for us to check whether the financing is viable, you must complete the following document:

FINANCING-EQUIPMENT-BANKING Download

Once you have filled in the document with your details, you must send it to us by e-mail to: contacto@minandovoy.com . Within 24/48h we will be able to confirm whether they accept or deny the requested funding.

Minando Voy offers more payment facilities, if you want to know more contact us through:

Web form.
WhatsApp: +34 654 81 30 59
Telegram: @minandovoycom
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LITECOIN HALVING NEARS

The halving of Litecoin is a scheduled event that occurs approximately every four years on the Litecoin network, a cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. Halving is a halving of the reward miners receive for validating transactions on the Litecoin network.

Specifically, the reward for each block mined on the Litecoin network is halved after approximately 840,000 blocks have been mined.

This reduction in the reward has a direct impact on the supply of Litecoin in the market, as it reduces the amount of new coins being issued.

In this way, halving aims to control inflation and maintain stability in the value of the cryptocurrency.

The first Litecoin halving occurred in August 2015, when the reward was reduced from 50 LTC to 25 LTC per block mined. The second halving occurred in August 2019, when the reward was reduced to 12.5 LTC per block mined.

The next Litecoin halving is expected to occur in 2023, when the reward will be reduced to 6.25 LTC per block mined.

Importantly, the halving of Litecoin may also have an impact on the price of the cryptocurrency, as it reduces the supply of new coins on the market.

In the past, some halvings of other cryptocurrencies, such as Bitcoin, have been associated with significant increases in the value of the cryptocurrency.

However, the value of Litecoin and any other cryptocurrency can be influenced by many factors, so it is not possible to predict with certainty how the Litecoin price will behave after the next halving.

Paraguay mines BTC with more than 15PH of mining power.

Argentinian Bitcoin mining company South American Miners has expanded to
Paraguay and will set up shop in Asunción with a multi-year business plan for
take advantage of the low cost of electricity. The low cost of electricity in Paraguay is
the main reason why the miners in the Bitcoin are based in that country, and that is
especially true for South American Miners, a startup primarily dedicated to
liquid-cooled mining equipment.

The mining farm being constructed by South American Miners in Paraguay will be
ready by February 2023 and will have a hashrate of more than 15 PH/s, as detailed by
from the company. The minimum investment amount for those wishing to be part of the
project starts at USD 10,000.

The decision to choose Paraguay as an investment destination is due to the fact that the country's electricity is
100% sustainable energy. At the same time, it has one of the fastest growing economies in the world.
Latin America, with very sound fiscal policies, low inflation and trade surpluses,
Facundo Casal, CEO of South American Miners, told Iproup.
Bitcoin mining is an increasingly popular industry all over the world, and Paraguay
has become an attractive destination for miners due to its low cost of living.
electricity. As the technology of cryptocurrency mining develops and becomes more and more
becomes more efficient, it is likely that we will see an increase in the number of miners in the
Paraguay.

Construction of the mining farm in Asunción also has an economic impact
positive in the region, as the company will employ local workers and contribute to the
economic development of the area. In addition, the South American Miners project could
attract other cryptocurrency miners to Paraguay, which could further increase the
economic impact.

However, it is important to mention that Bitcoin mining also has its challenges.
One of the biggest problems is the high energy consumption required by the process, which is
which has led to criticism from environmental advocates. In addition, the
Bitcoin mining is also highly competitive and requires a large investment in
equipment and technology to succeed.

In conclusion, South American Miners has taken the decision to expand into Paraguay,
due to its low electricity costs and sound fiscal policies. The mining farm
will be ready by February 2023 and will have a hashrate of more than 15 PH/s, offering
an opportunity for those interested in investing in the project. As the
cryptocurrency mining technology continues to evolve, Paraguay looms
as an increasingly attractive destination for Bitcoin mining.