Latest PoW-Based Layer 1 Cryptocurrencies: A Detailed Overview
Lately, a number of PoW-based Layer 1 crypto projects have been making significant strides in the realm of digital currencies. Among these are Kaspa (KAS), Radiant (RXD), and IronFish (IRON), all of which are now identifiable on FPGAs, with KAS featuring on ASIC miners. As these projects have shown, mining with GPUs, once a popular choice, appears less attractive today.
Following the same trajectory, another cryptocurrency, NEXA, also plans to extend its support to FPGAs. However, as compared to other projects listed on NiceHash, mining NEXA on GPUs currently doesn’t offer a worthwhile return on investment.
But, it’s not all gloom for GPU miners. There are other interesting projects offering lucrative mining prospects. Consider Neurai (XNA) for instance; it’s currently among the top-ranking coins for Nvidia GPU mining. Though not extraordinarily profitable, Neurai miners should expect to make a decent profit.
About Neurai (XNA)
Neurai (XNA) is a forward-thinking project striving to leverage AI algorithms for various applications, including data analytics, predictive modelling, decision-making, and IoT device connectivity. An offshoot of the Ravencoin (RVN) code, Neurai employs the KAWPOW hashing algorithm for mining.
Technical Details:
| Attribute | Value |
|---|---|
| Block Time | 1 minute |
| Block Size | 8 MB |
| Max. number of XNA Coins | 21 Billion |
- Micro halvings of 5% every 10 days.
- Approximately 57% of the total coins expected to be mined in the first year.
How To Mine Neurai (XNA)
Several pools support Neurai mining. Currently, Rplant holds the majority of the network hashrate. However, other platforms like Neuraipool, Zergpool, Ekapool, Zpool, and others can also be used. Mined XNA coins can be traded on TxBit or you can hold the coins while the price is still very low.
Neurai (XNA) can be mined using any software supporting the KAWPOW algorithm. Currently, the most updated software with separate XNA support officially listed is bzMiner 15.4.0.
Below, you’ll find an example of mining XNA on an Nvidia RTX 3070 GPU, which has a reported hashrate of about 29-30 MH/s per GPU. Here, we use a moderate power limit of 150W, 1250 MHz GPU clock, and +1000 MHz on the video memory:
bzminer -a xna -w YOUR_WALLET.WORKER_ID -p stratum+ssl://stratum-eu.rplant.xyz:17029 --nc 1 --oc_power_limit 150 --oc_lock_core_clock 1250 --oc_memory_clock_offset 1000
Mining XNA: Useful Tips
Replace YOUR_WALLET and WORKER_ID with your specific information to start mining. The example here uses Rplant as the mining pool. Keep in mind that varying the hashrate impacts the power consumption. For higher hashrate, an increment in power consumption is expected. To achieve a lower power consumption, opt for a 120W power limit with a reduction in memory and clock.