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In the world of digital currencies, crypto mining has become a compelling topic. With intriguing crypto mining projects like Nioxa emerging in the markets, miners have discovered a new opportunity. Today, we will delve more into Nioxa crypto mining. The article will also host an exciting 300,000 Nioxa giveaway. Before we dive into details, we would like to extend our gratitude towards minerpool.org and minervault.org for sponsoring today’s article.
Minerpool.org is no stranger to the crypto mining scene. The organization hosts solid proof-of-work GPU mining pools and has steadily become a favorite for many miners. Approximately two years ago, we commenced mining on their pools during the Ravencoin pump. We moved to Flux for their parallel asset payouts, and onto mining Nioxa as of this video.
Moving on to Nioxa Mining
Just a little over two weeks ago, we collaborated with the content creator and crypto miner, the Mining King, to create a comprehensive video on Nioxa. We covered topics including, ‘What is Nioxa?’, ‘What is Proof-of-Game versus Proof-of-Work business model?’, ‘How to set up Nioxa wallet?’, and ‘How to configure Hive OS flight sheet to mine Nioxa.’ This article serves as a follow-up to that video, discussing the progress we have made while mining Nioxa.
The Journey of Nioxa Mining
In the video mentioned above, we set up a rig with the help of the Mining King solely dedicated to mining Nioxa. We started with 12 RX 470s for mining, but unfortunately, we have lost one of the RX 470s, thereby reducing the overall hash rate from 156 mega hash to 141-143. The kapow algorithm made the GPU run hot, which we believe led to the fuse burnout of one of the RX 470s. But the kapow algorithm is not the only reason; we had been extensively using that GTX 1070 for two years before it gave up.
Despite the loss, the rig has performed exceptionally well, and has mined a significant amount of Nioxa, specifically representing an average of approximately 7,692 Nioxa per day. The mining process has been pretty smooth and Nioxa wallet transactions and exudes a promising vibe indicating a good return on mining.
An Overview of Earnings
We earned a total of 123,070 Nioxa over 16 days. With the current value of Nioxa being estimated around $0.000808, we were making about $6.22 per day. This totals up to a revenue of $99.15 for 16 days of mining. Bear in mind, this is just revenue and does not take cost and power usage into account which would vary for every miner. Even though the electrical cost of kapow algorithm is high and it’s challenging in summers due to high temperatures, Nioxa is gaining popularity day by day with its hash rate reaching to 114 gigahash keeping it on the top five most profitable coins.
The 300,000 Nioxa Giveaway
The highlight of this article is the giveaway of 300,000 Nioxa, where 150,000 Nioxa goes to the first place, 100,000 Nioxa to the second place, and the rest 50,000 to the third place. To enter the giveaway, just go to our discord channel, and in the ‘Nioxa Giveaway’ sub-channel, post your Nioxa wallet. Winners will be announced on our community’s platforms in two weeks.
In conclusion, Nioxa mining with the help of minerpool.org has been quite a successful endeavor. Despite the loss of RX 470 and high power consumption due to kapow algorithm, mining Nioxa has been profitable, averaging 7,692 Nioxa per day. And with the recent surge in Nioxa’s popularity, it has managed to secure a position in the top five most profitable coins. Happy mining and good luck to all participants in our 300,000 Nioxa giveaway!