Introduction To LolMiner, A Multi-Coin Mining Software.

Lol Miner

The post Introduction To LolMiner, A Multi-Coin Mining Software. appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Lolliedieb created lolMiner, a multi-coin mining software. This mining software can mine Beam, Grin, and Zelcash, among other cryptocurrencies.

lolMiner is a program that runs from the command line. This means you may run it from a Windows command prompt or a Linux console, or you can use a Linux Bash script or a Windows batch file to generate shortcuts to specified command lines.

How much does one Ethereum cost to mine?

That is a lot of value at around $2,800 per ETH (at the time of writing), but it only works if you solve a block.

The consistent rewards of joining a mining pool area are safer for everyone but the most devoted of mining operations.

What is the simplest method for mining Ethereum?

 To begin, decide on your mining strategy. The most straightforward approach to mine ether is to join a pool, especially if you do not have much hardware.

Solo mining is more complex and takes a lot of hash power. in terms of entrance barriers, cloud mining is usually the simplest mining method.

Is it possible to mine Ethereum with lolMiner?

Currently, it would be best if you had a 6GB GPU to be able to mine with lolMiner. The lolMiner developers were aware of the looming 4GB GPU problem (we’re talking about the miner here).

They’d launched an updated version that includes a cryptocurrency mining zombie mode. This option allowed 4GB GPUs to mine Ethereum in early 2021, but it’s not enough now.

With lolMiner, what can I mine?

Lolliedieb created lolMiner, a multi-coin mining software. This mining software can mine Beam, Grin, and Zelcash, among other cryptocurrencies.

lolMiner is a program that runs from the command line.

How to mine Ethereum and Ethereum Classic?

For Ethereum miners, the end of 2020 is a difficult time. All 4GB GPUs will stop mining the coin as of epoch 382 (December 16).

The issue is the steadily growing DAG file size. Fortunately, the developers are working hard on a solution they already have.

When a miner starts, it uploads a data block to the GPU memory. It is necessary for mining since it assists devices in locating blocks, ensuring network security, and receiving a reward for accomplished work.

The size of DAG is gradually rising. Every 30 thousand blocks, it expands by 8MB. Miners are compelled to mine different cryptocurrencies when GPUs cannot process the file over time.

4GB GPUs will stop mining Ethereum in mid-December. On the other hand, the developers have discovered a mechanism to allow them to mine Ethereum for more extended periods.

Some 4GB GPUs are currently unable to mine Ethereum. Old mining software, GPUs from several manufacturers, or a resource-intensive Windows OS are all possibilities. The issue is plain to see.

What is the procedure for downloading lolMiner?

By clicking the download button, you can get lolMiner.

Download and install the lolMiner application on all machines used for mining to run mining on multiple computers.

Open thebat file in a text editor after unzipping the downloaded package.

How can I install and run lolMiner?

ZelCash developers executed the Kamiooka hard fork in July. The upgrade included the new ZelHash algorithm and ASIC and FPGA protection.

Since then, ZEL mining has always been profitable, as confirmed by the 2CryptoCalc calculator. Even today, ZelCash remains the most profitable coin to mine.

Daily performance for 300 NVIDIA 1070 Ti cards is seen in the screenshot below. Beam, Zcoin, and Ethereum are all outperformed by ZelCash. That is why we used it as a case study in the review.

On lolMiner, what should you mine? Algorithms that are currently available

The miner supports several algorithms. The following is a list of GPU memory recommendations based on the most recent version – 0.8.8.

The developers actively support the miner, and it is updated regularly. For example, the developers removed the BeamHash II algorithm in the most recent version, which had become obsolete following the Beam hard fork.

When working with Beam, they also increased the performance of NVIDIA cards. However, regardless of the GPU brand, we recommend Gminer for Beam.

Conclusion

This article will go through how to unlock LHR graphics cards with lolMiner, popular mining software. The GeForce RTX 3080 Ti was used in the 2Miners pool testing.

However, the principles apply to any LHR graphics card. T-Rex was formerly used to unlock NVIDIA is LHR graphics cards. You may learn more about this experiment and its outcomes in the dedicated article. Follow this link to learn how to use Gminer to unlock LHR cards.

NVIDIA published another item in their blog three months later, on May 18, 2021, titled “Another Step to Getting GeForce Cards into the Hands of Gamers.”

The article discusses lowering the Ethash hash rate for the newly released GeForce RTX 3080, 3070, and 3060 Ti GPUs to make them less tempting to miners.

The “Lite Hash Rate” or “LHR” identification was applied to these models when released at the end of May 2021.

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