If y'all are a tyro in the cryptocurrency mining field, you must have all kinds of questions. For instance, one particular question bothered me for some time. In this article, I decided to answer it in full depth.
The question is –
Tin can yous mine multiple coins on one GPU?
Without further ado, here is the short and direct answer:
You tin mine multiple coins on one GPU by the procedure of dual mining. However, note that it only works on LHR graphic cards which have reduced mining performance. For case, you tin mine ETH with a maximum of 70% operation and 30% some other altcoin with one GPU.
Dont go notwithstanding because we volition explicate the process of dual mining, whether you can mine two coins at the same time and finally see how to do it.
Dual mining explained
If y'all know some nuts of GPU mining, you know that usually, one GPU is used for mining one item coin. Even if you accept 10 GPUs, you will apply all of them to mine a single money. Why? Because in about cases, information technology is the well-nigh profitable style of crypto mining.
All the same, this is not the simply assisting style of mining cryptos. There is more.
Run across Dual Mining.
Just said, dual mining is a concept of mining 2 different coins at the aforementioned time using one GPU. You, as a miner, have to choose both coins that you lot want to mine. In 2017, this was one of the nigh popular ways of mining cryptocurrencies since profits were ridiculously high.
In 2021, Nvidia literally halved Ethereum’s hash rate on their 30xx series, including RTX 3060/3060Ti/3070/3080. Of form, this was a large hit to the crypto mining sector, specially for ETH miners. This was primarily washed to bring GeForce GPUs back into the gaming sector.
The hash rate is a measure out of a blockchain network’s forcefulness as well equally its security. It influences the speed with which GPUs can mine ETH or another coin. As a result, a miner volition always choose a greater hash rate.
The hash rates of NVIDIA’s new LHR GPUs have been halved, making them less tempting to miners than previously. Furthermore, these GPUs consume roughly the same amount of energy, making them less tempting to miners once again. The RTX 3060 Ti, for example, had a hash rate of effectually 60MH/s at launch, which has subsequently been reduced to 30MH/south in the new LHR GPUs.
Of course, miners did not surrender. They accept plant the way around it and increased the hash rate from fifty to seventy% functioning. That was all possible due to crypto mining software like T-King (amid others, of course).
Different others, T-Rex has a prissy feature that lets miners mine up to two different coins at the same fourth dimension, and then they can employ the residue 30% of hash ability to mine some other altcoin.
At least for now, not a single mining software could totally beat Nvidia’south anti-mining algorithm. Both T-King and NBMiner are still far away from achieving that; however, they are pretty close for some coins.
Note that when the Dual Mining option is enabled in T-Rex, miners can utilize up to 30% of performance to ETH and the rest to some other coin such equally Ravencoin (RVN), Ergo (ERG), Cornflux (CFX)…
It’southward funny how it doesn’t work the other way around, considering that ETH is by far the most profitable cryptocurrency.
How is this possible? Practiced question; here is an example.
Ethash barely uses VRAM while the Decred and Siacoin algorithms work the other way around, using core cycles. This mechanism allows dual mining to piece of work and thus increasing profits.
One important matter to keep in heed is that each money has a dissimilar VRAM requirement which means that non every Ampere card can handle all combinations. For example, mining Ergo and Ethereum require over 8GB of VRAM, whereas for dual mining Ravencoin/Ethereum, you need over 10GB of VRAM.
Then, if you accept RTX 3060Ti or RTX 3070, yous won’t be able to employ T-Rexs dual mining mode since they accept 8GB of GDDR6 memory.
Is dual mining profitable?
This is a great question, and so we decided to become a few reports.
Ane guy was running 2x3070Ti. He did two tests. The starting time one was that the offset GPU mined ETH while the 2nd one mined ERG. The second test was dual mining, pregnant both GPUs mined both coins.
Here are the results:
ETH 55 Mh/s
ERG 170 Mh/s
ETH 66 Mh/s (33 each)
ERG 204 Mh/due south (102 each)
*Software used: T-Rex miner with the low power style
As you lot can see, dual mining was more profitable.
This comes from a well-known mining youtube channel, Cerise Fob Crypto. He used EVGA RTX3080Ti to mine ETH/ERG.
ETH 38 Mh/s
ERG 175 Mh/s
ETH twoscore Mh/s
ERG 177 Mh/south
per twenty-four hour period
This one comes from
Sebs FinTech Aqueduct.
He dual mined Ethereum with Alephium (ETH + ALPH) in this analysis.
The picture below shows the ETH hash rate.
Profits: $14.79 (ETH)
ETH Hashrate 408 Mh/southward
ALPH Hashrate two.85 Gh/southward
Profits: $14.44 (ETH) + $iv.29 (ALPH) =
This new T-Rexs characteristic lets you utilise 68% of your GPUs hashrate to mine ETH and the rest 32% to mine ALPH. Basically, you end upward using 100% of your LHR GPU hashrate. Keep in heed that it currently works only on RTX 3060 Ti, 3070, and 3080. If nosotros compare this to a regular ETH unlocker, which is 74%, lowering it down to 68% to merchandise it for an boosted 32% seems like a dream.
Annotation that mining profitability with new coins like Alephium can become up or down very quickly. So it is normally considered as a more than speculative mining move. However, from my perspective, it is a good move since you sacrifice only 32% of GPU functioning.
From a general standpoint, dual mining is definitely considered assisting. It is even more than profitable than unmarried coin mining for more than 10% in some cases. However, this mainly depends on the coins you lot pair.
Go to Whattomine and click on ETH+ to make your dual mining adding.
Can I mine two different coins on the same rig?
It is possible to mine 2 dissimilar coins on the same rig. For instance, if you take ii GPUs, you can easily set upwards the get-go GPU for one coin and the second GPU for some other coin.
To practise this, you lot have to know the order of the graphic cards for your rig.
Also, you take to keep in mind one thing. The process is usually easier if you have the same graphic cards due to overclocking settings. In that example, I would recommend sticking to only mining one money. The process is simply easier since you dont have to have multiple monitors and exercise different OC settings on each card.
If you are interested in how to do this, check the video below.
Does Crypto Mining Damage GPU? Non Excessively, Hither’s Why
Does Crypto Mining Damage Your PC/Laptop? Answer Will Surprise Yous