Mine SC, DCR, LBRY, or Pascal mcxnow bitcoin wallet ETH with Claymore’s miner! Read on for the pros and cons of dual-mining with Claymore, and instructions to guide you through enabling it. The upside to dual-mining is obvious: you earn some extra cryptocurrency, and gain some diversification.
Sounds great—is there a downside to dual-mining? ETH compared to ETH-only mining mode. Increased electricity consumption is the other downside, and one that people often overlook. The next obvious question: are the dual-mined altcoins worth that much? How much are these altcoins worth? I’m going to focus on Siacoin for the rest of this article, because of the four options available to dual-mine, I think it’s the most interesting. Numbers for the other three altcoin options will vary, but my guess is that they’re all pretty similar at this point.
Probably worth it for most people, unless you pay an abnormally high rate for electricity, or put a premium on keeping your rigs as cool and quiet as possible. So how do I actually enable dual-mining? It’s pretty straightforward: first, you’ll need a wallet address for whichever altcoin you’ve decided to dual-mine. For Siacoin, that means downloading the official app, and using it to create a wallet address. Here is a great Siacoin-specific guide backup guide. Once you’ve generated a wallet address, you’ll need to edit your mining script to enable dual-mining mode, specifying your new wallet address as the destination for mined coins. If you followed my Linux guide, you’ll need to edit the mine.