The Ezil.me team recently announced the possibility of mining Zilliqa (ZIL) with the hardware used to mine Ethereum Classic (ETC) in a very simplified way.
$ ETC + $ ZIL Is Officially Live🚀
Thanks to all @zilliqa miners who participated in beta test!
We made some adjustments to our interface and are now ready to launch $ ETC+ $ ZIL mining officially!
Here are the new features that come with $ ETC+ $ ZIL🔥: https://t.co/3WxR7V8Umz
– Ezil.me (@ezil_me) June 17, 2020
One of the qualities of PoW (Proof of Work) based blockchains is that of being able to exploit any hardware to extract cryptocurrencies, although with some limitationsConsidering that in order to have an interesting return over time, engineers have built and developed machines suitable for this type of function, which makes them very efficient in terms of energy consumption and computing power.
Clearly, most of these machines are designed and calibrated based on the blockchain and mining protocol, because just as hardware has evolved, algorithms have also evolved to create ASIC-resistant solutions.
This avoids damage to the ecosystem, since those who work in the mining sector do so for purely speculative purposes to sell the mined assets and make a profit.
So in order to track the multitude of blockchains that are constantly being created, a miner must consider what type of machine to invest in and decide which blockchain to mine. The choice can be determined by the difficulty and profitability of the asset.
A hardware for many cryptocurrencies
So, to make sure the choice of hardware doesn't eliminate the possibility of mining other cryptocurrencies, the Ezil.me team wanted me further develop and improve the removal of Ethereum Classic (ETC) machines and make them compatible with Zilliqa (ZIL) mining as well.
The Zilliqa blockchain was born as a PoW system, although it has recently developed a system of staking to be added in parallel to the PoW system.
In summary, when updating machines it is possible to extract both ETC and ZIL. From the data available on the site, ZIL's profitability is really remarkable, even without changing the hardware.
In fact, in one day it is possible to extract 1.9 ETC and in the same period of time, it is possible to obtain 95 ZIL. In regards to weekly data, it is possible to get 13 ETC and 670 ZIL, while monthly we talk about 57 ETC and 2871 ZIL, that is, around $ 400 per month.
The advantage is really remarkable and allows diversify the type of investment, in part because ZIL is currently worth just a few pennies, but if it were to increase further in the long run, ZIL mining would become a viable business.