Zilliqa mining with Ethereum Classic hardware: it is now possible
Zilliqa mining with Ethereum Classic hardware: it is now possible
Mining

Zilliqa mining with Ethereum Classic hardware: it is now possible

By Alfredo de Candia - 19 Jun 2020

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The Ezil.me team recently announced the possibility of mining Zilliqa (ZIL) with the hardware used to mine Ethereum Classic (ETC) in a very simplified way.

One of the qualities of the blockchains based on PoW (Proof of Work) is that of being able to exploit any hardware to mine crypto, albeit with some limitations, considering that in order to have an interesting return over time, engineers have built and developed machines suitable for this type of function, making them very efficient in terms of power consumption and computing power.

Clearly, most of these machines are designed and calibrated on the basis of the blockchain and the mining protocol, because, in the same way as hardware has evolved, algorithms have also evolved to create ASIC resistant solutions.

This prevents damage to the ecosystem since those who work in the mining sector do it for mere speculative purposes in order to sell the mined assets and make a profit.

So, in order to track down the multitude of blockchains that are constantly being created, a miner has to consider what type of machine to invest in and decide which blockchain to mine. The choice can be determined by the difficulty and profitability of the asset.

One hardware for many cryptocurrencies

So, in order to make sure that the choice of hardware does not eliminate the possibility of mining other cryptocurrencies, the Ezil.me team wanted to further develop and improve the mining of Ethereum Classic (ETC) machines and make them compatible for Zilliqa (ZIL) mining as well.

In short, by upgrading the machines it is possible to mine both ETC and ZIL. From the data available on the site, the profitability of ZIL is really remarkable, even without changing the hardware.

In fact, in one day it is possible to mine 1.9 ETC and in the same period of time, it is possible to obtain 95 ZIL. As far as weekly data is concerned, it is possible to obtain 13 ETC and 670 ZIL, while on a monthly basis we are talking about 57 ETC and 2871 ZIL, so about $400 per month.

The advantage is really remarkable and allows to diversify the type of investment, partly because ZIL currently has a value of a few cents, but if in the long run it were to increase further, mining ZIL would become a viable business.

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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