10-16-2021, 07:23 AM
2miners payouts analysis 15/10/2021: Nano and BTC payouts keep growing, bigger miner
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/q8ot9e/2miners_payouts_analysis_15102021_nano_and_btc/"> <img src="https://external-preview.redd.it/zCwtlLi4N75XlSSQPL3jSgnuiNxrrGRUy0WNTVMCDMI.jpg?width=640&crop=smart&auto=webp&s=401318b0f8050b177675574d416c7971be5e7248" alt="2miners payouts analysis 15/10/2021: Nano and BTC payouts keep growing, bigger miners pick ETH/BTC while smaller miners pick Nano" title="2miners payouts analysis 15/10/2021: Nano and BTC payouts keep growing, bigger miners pick ETH/BTC while smaller miners pick Nano" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Since 2miners is kind enough to publish their miner stats online (<a href="https://eth.2miners.com/miners">https://eth.2miners.com/miners</a>) I decided to do a quick analysis on it. For those out of the loop, 2miners recently decided to give miners the option to be paid out in Nano and BTC rather than just ETH, to allow their users to have cheaper txs using BTC or have free transactions using Nano. <a href="https://2miners.com/blog/how-to-get-payouts-for-ethereum-mining-without-fees/">See this article for more information</a>.</p> <p><a href="https://preview.redd.it/wufhjg0zbmt71.png?width=1980&format=png&auto=webp&s=234731c5f375bcbf248004fedd0a73cafe792f43">2miners.com - payouts now available in Nano</a></p> <p>Since adding Nano/BTC as a payment option the number of miners that choose Nano and BTC has been growing quickly. I did an analysis today and hope to repeat it soon, so we can see how this further develops. It's now ~4-5 days ago that Nano/BTC payouts were added.</p> <h1>So, the stats when I did this analysis.</h1> <p>Total miners: 47,217.</p> <p>Total hashrate: 21.89 TH/s</p> <p>ETH-paid miners: 43,302</p> <p>Nano-paid miners: 2,146</p> <p>BTC-paid miners: 1,769</p> <p>Average ETH hashrate per worker: 0.485227 GH/s</p> <p>Average BTC hashrate per worker: 0.322993 GH/s</p> <p>Average Nano hashrate per worker: 0.178527 GH/s</p> <p>Nano share in total hashrate: 1.77%</p> <h1>Conclusion</h1> <p>The number of miners choosing to be paid out in Nano and BTC is increasing rapidly from ~500 each on day 1 to ~2150/1750 on day 4/5.</p> <p>Predictably yet interestingly, <strong>those choosing Nano as their payout method tend to be smaller miners</strong>. This makes a lot of sense. Smaller miners are paid less, and therefore any fixed fee has a larger impact on them. This also illustrates Nano's appeal in a broader sense - with increasing fees on both Bitcoin and Ethereum, Nano becomes ever more attractive. I'd expect that if more services more to offering payments in ETH/BTC/Nano, fees on ETH and BTC increase further, making Nano ever more interesting.</p> <p>To those interested I'd suggest looking at the raw data on <a href="https://eth.2miners.com/miners">https://eth.2miners.com/miners</a>. I'll try to repeat this analysis in a week or so, to see what's changed. For now exciting times for Nano, and it's awesome to see such true usage.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SenatusSPQR"> /u/SenatusSPQR </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q8ot9e/2miners_payouts_analysis_15102021_nano_and_btc/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q8ot9e/2miners_payouts_analysis_15102021_nano_and_btc/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/q8ot9e/2miners_payouts_analysis_15102021_nano_and_btc/"> <img src="https://external-preview.redd.it/zCwtlLi4N75XlSSQPL3jSgnuiNxrrGRUy0WNTVMCDMI.jpg?width=640&crop=smart&auto=webp&s=401318b0f8050b177675574d416c7971be5e7248" alt="2miners payouts analysis 15/10/2021: Nano and BTC payouts keep growing, bigger miners pick ETH/BTC while smaller miners pick Nano" title="2miners payouts analysis 15/10/2021: Nano and BTC payouts keep growing, bigger miners pick ETH/BTC while smaller miners pick Nano" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Since 2miners is kind enough to publish their miner stats online (<a href="https://eth.2miners.com/miners">https://eth.2miners.com/miners</a>) I decided to do a quick analysis on it. For those out of the loop, 2miners recently decided to give miners the option to be paid out in Nano and BTC rather than just ETH, to allow their users to have cheaper txs using BTC or have free transactions using Nano. <a href="https://2miners.com/blog/how-to-get-payouts-for-ethereum-mining-without-fees/">See this article for more information</a>.</p> <p><a href="https://preview.redd.it/wufhjg0zbmt71.png?width=1980&format=png&auto=webp&s=234731c5f375bcbf248004fedd0a73cafe792f43">2miners.com - payouts now available in Nano</a></p> <p>Since adding Nano/BTC as a payment option the number of miners that choose Nano and BTC has been growing quickly. I did an analysis today and hope to repeat it soon, so we can see how this further develops. It's now ~4-5 days ago that Nano/BTC payouts were added.</p> <h1>So, the stats when I did this analysis.</h1> <p>Total miners: 47,217.</p> <p>Total hashrate: 21.89 TH/s</p> <p>ETH-paid miners: 43,302</p> <p>Nano-paid miners: 2,146</p> <p>BTC-paid miners: 1,769</p> <p>Average ETH hashrate per worker: 0.485227 GH/s</p> <p>Average BTC hashrate per worker: 0.322993 GH/s</p> <p>Average Nano hashrate per worker: 0.178527 GH/s</p> <p>Nano share in total hashrate: 1.77%</p> <h1>Conclusion</h1> <p>The number of miners choosing to be paid out in Nano and BTC is increasing rapidly from ~500 each on day 1 to ~2150/1750 on day 4/5.</p> <p>Predictably yet interestingly, <strong>those choosing Nano as their payout method tend to be smaller miners</strong>. This makes a lot of sense. Smaller miners are paid less, and therefore any fixed fee has a larger impact on them. This also illustrates Nano's appeal in a broader sense - with increasing fees on both Bitcoin and Ethereum, Nano becomes ever more attractive. I'd expect that if more services more to offering payments in ETH/BTC/Nano, fees on ETH and BTC increase further, making Nano ever more interesting.</p> <p>To those interested I'd suggest looking at the raw data on <a href="https://eth.2miners.com/miners">https://eth.2miners.com/miners</a>. I'll try to repeat this analysis in a week or so, to see what's changed. For now exciting times for Nano, and it's awesome to see such true usage.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SenatusSPQR"> /u/SenatusSPQR </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q8ot9e/2miners_payouts_analysis_15102021_nano_and_btc/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q8ot9e/2miners_payouts_analysis_15102021_nano_and_btc/">[comments]</a></span> </td></tr></table>Kind Regards R