Best Ergo ERG Mining Pool - 2Miners (2024)

FAQs

Which miner is best for Ergo? ›

Factors that affect Ergo mining rewards include initial setup costs, electricity costs, ERG price volatility, software, and hardware configuration, and hardware maintenance and repair costs. Based on a hypothetical scenario, Ergo mining is profitable if electricity costs are below $0.08/kWh.

At least ⁓3GB memory is needed to mine Ergo currently, but the most efficient implementation utilizes around 4 GB of vRAM. A part of ASIC resistance on Autolykos v2 is credited to Ergo's periodic memory table adjustments. These adjuments slowly increase the minimum GPU vRAM required to mine Ergo over time.

NVIDIA GeForce RTX 4090

The RTX 4090 is adept at mining a wide range of cryptocurrencies, including Ethereum (ETH), Flux (FLUX), and Ergo (ERG), among others. It boasts an impressive 24 GB of GDDR6X VRAM and a staggering 16,384 CUDA cores, which makes it excellent not just for mining, but gaming, too.

The Bitmain Antminer S21 Hyd 335T is the most profitable Bitcoin mining machine currently, followed by the Canaan Avalon Made A1266, and MicroBit Whatsminer M50S. If you want to mine other cryptocurrencies, the Bitmain Antminer KS3, Bitmain Antminer D9, and Bitmain Antminer K7 are all solid choices.

Historically, Bitcoin (BTC) has been one of the most lucrative cryptocurrencies to mine due to its high market value. However, other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and Monero (XMR) have also been profitable for miners, depending on market conditions and mining hardware efficiency.

Currently, Ergo is valued at 94.54% below its all time high of $23.35. This all-time high was the highest price paid for Ergo since its launch. The current circulating supply of Ergo is 74,945,901 ERG which means that Ergo has as total market cap of 74,945,901.

Ergo Price Prediction 2025

By 2025, Ergo's lowest price is expected to reach $28.91, with an average price around $40.25 and the highest price at $52.13. These optimistic predictions are based on the potential growth of blockchain technology adoption and increasing use of cryptocurrencies worldwide.

How long does it take to mine 1 ERG? It would take 3 days to mine 1 ERG with Nvidia RTX 3090 or 3 days to mine 1 ERG with Nvidia RTX 3080Ti.

What is the difference between solo mining and pool mining in Ergo? ›

What is the difference between Pool and Solo ERG mining? While you mine in the POOL you work together with other miners. In SOLO mode you are alone. If you find 0 blocks your reward is 0.

In some cases, solo miners may find a block relatively quickly, while in others, it could take days, weeks, or even months. Solo miners must be patient and understand that finding a block solo is not guaranteed and can be unpredictable.

Before you begin, ensure you've selected the best mining software compatible with your hardware (AMD or NVIDIA) and the ERGO algorithm. Some popular choices include TeamRedMiner, T-Rex Miner, LolMiner, and NBMiner.

Mining Ergo requires the use of the Proof-of-Work (PoW) consensus algorithm, which is similar to that of Bitcoin and other cryptocurrencies. However, Ergo introduces novel features like storage rent fees aimed at reducing blockchain bloat and encouraging active network participation.

Currently, Ergo network hashrate is 12.64 TH/s = 12 640 779 795 745 h/s. Network hashrate is calculated using the current network difficulty, the average block find time set by the cryptocurrency network and/or the effective block find time of the latest blocks.

What is the most efficient Bitcoin miner? The Dragonmint T1, developed by Halong Mining, is one of the most efficient Bitcoin miners. Boasting a hash rate of 16 TH/s and a power consumption of only 1480 watts, the Dragonmint T1 stands out for its impressive performance and energy efficiency.