- A Guide to Mining Neoxa (NEOX) Cryptocurrency:
- Where and how can you obtain a digital wallet for Neoxa cryptocurrency? Which wallet is recommended?
- Mining Pool
- Download NEOXA mining software. KawPow algorithm miners.
- Configuring BAT Files for Different Programs
- Here is a rephrased version of the text
- Is Neoxa worth mining?
A Guide to Mining Neoxa (NEOX) Cryptocurrency:
Neoxa, a digital currency utilizing the KawPow algorithm, similar to Ravencoin, can be mined by following these steps:
- Acquire a digital wallet for Neoxa, available through exchanges like Txbit and TradeOgre, or use the official wallet.
- Choose a suitable mining pool, such as 2miners.com or herominers.com.
- Select a mining program (miner) such as BMINER, BZMINER, or GMINER.
- Create a .Bat file with the desired configurations and save it.
- Launch the mining process by executing the customized .Bat file. Let’s now delve into each of these steps in greater detail.
System Requirements for Mining Neoxa and the KawPow Algorithm:
| Algorithm | KawPow |
|---|---|
| Block Time | 1 minute, 1 second |
| Block Reward | 4250 NEOX |
| Total Coins | 21,000,000,000 |
| Official Website | neoxa.net |
| Explorer | explorer.neoxa.net |
Moving forward, we will explore these aspects in greater depth. Let’s commence with the initial step: acquiring or creating a digital wallet to store your Neoxa (NEOX) coins.
Where and how can you obtain a digital wallet for Neoxa cryptocurrency? Which wallet is recommended?
To engage in Neoxa cryptocurrency mining, you will need to obtain a digital wallet specifically designed for this coin.
There are several ways to acquire a Neoxa wallet:
| Exchange | Txbit, TradeOgre, XT.COM |
| Official Wallet | Windows, Linux, MAC |
Example wallet for NEOXA coins The digital address for Neoxa (NEOX) cryptocurrency looks as follows:
GfC3theVopGQFqS7TnYimLW2eNkhKacUuDSome pools may require a wallet prefix at the beginning:
neoxa:GfC3theVopGQFqS7TnYimLW2eNkhKacUuDMining Pool
Neoxa cryptocurrency was launched on April 8, 2022, and currently boasts a considerable number of mining pools, totaling 46. The majority of the network’s hashrate is contributed by five primary pools.
| Pool | Fee | Minimum Payout | Comment |
|---|---|---|---|
| 2miners.com | 1% PPLNS | 1.5% SOLO | Major Pool: ~43% |
| minerpool.pro | 1% PPLNT-E | 1% SOLO | Major Pool: ~18.5% |
| herominers.com | 0.9% PROP | 0.9% SOLO | Major Pool: ~15% |
| jingniupool.com | pps | 10 | Major Pool: ~12% |
Download NEOXA mining software. KawPow algorithm miners.
NEOXA coin utilizes the KawPow algorithm, and the following mining programs are compatible:
| Program | Series | Setup and Download |
|---|---|---|
| Z-enemy | Nvidia | Download and setup |
| NBMiner | Nvidia+AMD | Download and setup |
| GMiner | Nvidia+AMD | Download and setup |
| TeamRedMiner | AMD | Download and setup |
Configuring BAT Files for Different Programs
Next, we will demonstrate how to configure a .BAT file for Neoxa (NEOX) coin using various programs.
Example of configuring a .BAT file for Gminer:
miner.exe --algo kawpow --server neox.2miners.com:4040 --user YOUR_WALLET_ADDRESS.RIG_ID pauseExample of configuring a .BAT file for Team Red Miner:
teamredminer.exe -a kawpow -o stratum+tcp://neox.2miners.com:4040 -u YOUR_WALLET_ADDRESS.RIG_ID -p x pauseExample of configuring a .BAT file for NBMiner:
nbminer -a kawpow -o stratum+tcp://de.neoxa.herominers.com:1202 -u YOUR_NEOXA_WALLET_ADDRESS.YOUR_WORKER_NAME pauseHere is a rephrased version of the text
The most efficient graphics cards for mining NEOXA in terms of MH/W are listed below. These cards are considered the best for mining the NEOXA cryptocurrency using the KawPow algorithm:
| GPU | Efficiency (Mh/W) |
|---|---|
| RTX 3070 Ti (Laptop) | 0.32 |
| RTX 3060 (Laptop) | 0.31 |
| RX 6800 XT | 0.26 |
| RX 6600 XT | 0.26 |
| RX 6600 | 0.23 |
| RX 6650 XT | 0.23 |
| RX 6800 | 0.23 |
| RX 5700 XT | 0.23 |
| RX 5500 XT | 0.22 |
| RTX 4070 Ti | 0.22 |
| RX 6900 XT | 0.22 |
| RTX A2000 | 0.22 |
| RTX 4090 | 0.22 |
| RX 6700 XT | 0.22 |
| RTX 3070 (Laptop) | 0.21 |
| RTX 3070 LHR | 0.21 |
| RTX 3060 Ti | 0.2 |
| RTX 4080 | 0.2 |
| RTX 3070 | 0.2 |
| RX 5600 XT | 0.2 |
| RX 5700 | 0.2 |
| RTX 3060 Ti LHR | 0.19 |
| RTX A4000 | 0.19 |
| RX 6500 XT | 0.19 |
| RX 6950 XT | 0.19 |
| RTX A5000 | 0.18 |
| RTX 2080 Ti | 0.18 |
| CMP 90HX | 0.18 |
| GTX 1660 | 0.18 |
| RTX 3060 LHR v2 | 0.18 |
| RTX 3060 | 0.17 |
| RTX 3090 | 0.17 |
| RTX 3080 | 0.17 |
| RTX 3070 Ti | 0.17 |
| RTX 3080 Ti | 0.17 |
| RTX 3080 LHR | 0.16 |
| RTX 2080 Super | 0.16 |
| GTX 1660 Ti | 0.15 |
| RTX 3090 Ti | 0.15 |
| RTX 3050 | 0.15 |
| VEGA 64 | 0.15 |
| RTX 3080 12GB | 0.15 |
| RTX 2080 | 0.14 |
| RTX 2070 | 0.14 |
| RTX 2060 | 0.14 |
| RTX 2060 Super | 0.14 |
| VEGA 56 | 0.14 |
Is Neoxa worth mining?
Let’s be clear: we’re not offering financial advice, and the decision to mine Neoxa is entirely up to you. Below, we present our perspective on Neoxa mining.
Neoxa cryptocurrency experiences moderate daily trading volumes, ranging from approximately $250,000 to $300,000.
However, the coin is listed on only three exchanges, with significant trading volumes concentrated on just one exchange, Txbit (generating around $220,000 per day).
Neoxa can often be found among the top 5 coins in terms of profitability. On closer inspection, it appears to be another project lacking innovation (essentially a scam!).
Personally, we wouldn’t recommend mining this coin, let alone holding it.
It might make sense to mine Neoxa with lower computing power and convert it into more reliable coins like Bitcoin or Ethereum. If mining with lower computing power (1-4 GPUs of average power), we would suggest holding no more than 10% of the earnings.
The coin witnessed a significant hype in 2022, but there is no certainty that a similar hype will occur again or reach the same level as it did in 2022. This is because the cryptocurrency market has seen numerous POW coins in the past that initially gained popularity on online calculators, showed profitability during 1-2 hype cycles, and eventually faded away, leaving holders with nothing.
