December 2022 Work Progress Report: 12 months-end Outcomes


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 Consumer 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 identify of Lionel Messi. The discharge particulars can be found on GitHub.


Mining in 2022. 12 months-end Outcomes

This was a troublesome yr for the cryptocurrency trade and significantly 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 essential, the Ethereum coin switched to POS from POW. The top of the ETH mining period was essentially the most painful occasion ever for the graphics card mining neighborhood. 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 resembling EthereumPoW didn’t assist that a lot.

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


Bitcoin payout was an amazing success final yr as BTC funds are very handy for the main a part of the miners. This yr we unfold the BTC funds function to different cash. Now you can receives a commission in Bitcoin if you happen to mine Ravencoin, Ergo, Ethereum Traditional, and Zcash. The BTC funds for Horizen are virtually prepared as effectively. We might like to make this function out there for all of the cash we now have however generally it’s simply unattainable 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 if you happen to belief within the upcoming crypto bull run or not, cryptocurrency mining stays and we all the time do our greatest to offer you the most effective mining expertise attainable.

We want you all the most effective in 2023!


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

Keep in mind to observe us on Twitter to get all of the information as quickly as attainable.


Please enter your comment!
Please enter your name here