Cryptocurrencies to be mined on CPU and graphics card simultaneously in 2024

Cryptocurrencies for mining

In 2023, parallel mining of two coins has become popular again. Users set up mining on the CPU and video card at the same time to increase the profitability of the farm, unlocking its potential to 100%. While verifying transactions and creating blocks, the CPU is under minimal load, so it can also be used to produce coins.

How parallel cryptocurrency mining works

Concurrent mining in two blockchains is almost no different from working on one. The difference is that the system performs two tasks at once. The video card, for example, mines RavenCoin, while the CPU mines Monero.

Sometimes users connect both devices to a single network. This reduces memory requirements, as only one DAG file is needed. However, the overall hash rate in this case will be lower than when mining two coins in parallel.

If the miner plans to use all the power of the farm, it is necessary to put a top processor (AMD or Intel). A budget CPU (Intel Pentium G4400 LGA1151) is enough to support the operating system. However, only a powerful device will provide a good profit.

Advantages of the method

Dual-mining is a technology that can increase the farm’s income by 20-30% without overclocking and installing new equipment. The method has both advantages and disadvantages, about which it is important to remember.

ProsMinuses
Reduced payback period, since the mining farm is functioning at 100%.
High electricity consumption
The ability to mine promising coins without breaking away from the popular ones
High average CPU temperature, requiring additional cooling
To run dual mining does not need programming skills. There are miners with support for this mode of operation.
Accelerated wear and tear of equipment
It is difficult to find a suitable pair for simultaneous mining. Many combinations are unprofitable.

Available coins for mining on the processor and video card at the same time

Not all cryptocurrencies can be configured for parallel operation. For example, the blockchains of the Equihash algorithm can not be connected to the blockchains of the Equihash algorithm in dual-mining mode. In addition to technical features, it is worth considering the profitability of such mining. For this purpose, calculators (WhatToMine, CryptoCalc) are used, where you can specify the hash rate of the equipment and find out the income for a day, week, month.

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In 2023, it is possible to mine a pair of Ethereum Classic and Monero on the processor and video card at the same time. The first cryptocurrency is also replaced by Alephium, Dogecoin, Siacoin, and the second by Epic Cash.

Choosing little-known blockchains is not a good idea. Although weak CPUs due to low hash rate will be able to create blocks, it is difficult to determine the potential profitability. Some projects are closed even before listing.

It is worth mining on the “stone” only those coins that are created specifically for them, for example, blockchains with the RandomX algorithm. Because of the load on memory and complex “random” calculations, CPUs have a high hash rate.

Using CPUs in networks that run mostly ASICs and GPUs is not recommended. Due to the lower default hash rate, the profit even in a pool will not recoup the investment.

Profitability and risks

To calculate the profitability of parallel mining on a video card and CPU, it is worth taking a simple home farm as an example.

HardwareHash rateEnergy consumptionDaily profit (in $)
Intel Core Duo E8400 processor
382 h/s (for Monero)
65 watts
-0,13
NVIDIA RTX 3090 Ti graphics cards (4 pcs.)
11.6 Gh/s (Ethereum Classic)
1800 watts
2,63

Calculations show that dual-mining on such a farm is inefficient because the CPU is running at a disadvantage. However, this is not a reason to abandon parallel mining. Selling Monero will allow you to recover some of the costs of electricity and CPU purchase. Those who want to make money on CPU and graphics card at once should buy AMD Ryzen 9 3950X. The CPU has an income of $6-8 daily when running Monero.

Of the risks of dual-mining, it is worth highlighting the high risk of breakage. To make the equipment work properly, you need to use high-quality adapters, put additional fans. You should also take into account the possible reboots of the miner when simultaneously mining two coins. This reduces the profitability.

How to set up Dual Mining

To set up parallel mining of cryptocurrencies, an ordinary miner – PhoenixMiner, GMiner and others – will do. You need to install the program on your computer and update the processor and graphics card drivers so that they work more efficiently.

Cryptocurrencies to be mined on CPU and graphics card simultaneously in 2024
Example of a miner settings

Then you need to create a BAT that stores the hardware configurations. Instructions:

  1. Open the miner files.
  2. Call the context menu and create a “Text Document”.
  3. In Notepad, spell out the configuration for mining each coin in a pair, specify the name of the rig and the wallet key.
  4. Convert the .txt into a .bat.

After that, miners can start mining cryptocurrency in two systems at once. The main thing is to constantly monitor the temperature of the GPU and processor. The graphics device can operate at 80°C, and the “stone” – at 75°C. Higher temperatures accelerate wear and tear and increase the risk of failure.

Cryptocurrencies to be mined on CPU and graphics card simultaneously in 2024
Temperature tracking in Cudo Miner

To increase the hash rate, it is also worth overclocking the GPU via BIOS or MSI Afterburner. This will raise the performance of the farm by another 5-15%.

Frequently Asked Questions

📌 Is the warranty still valid after BIOS flashing?

Services may refuse to fix the hardware if the BIOS has been changed. It is recommended that you return the settings to default beforehand to get warranty repair.

⚡ Whose processors are more powerful – AMD or Intel?

AMD Ryzen 9-series produce more hashes, so you should use them for mining. Intel is used for building GPU farms.

🔥 Can I mine coins on HDD?

Yes. There is a cryptocurrency Chia for this purpose.

🔔 Why is halving necessary?

This feature was developed by Satoshi Nakamoto to curb cryptocurrency inflation. It regularly reduces the reward for creating a block.

✨ Why reduce the voltage of the video card?

To optimize electricity consumption and shorten the payback period.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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