This Crypto Mining Pool May Beat Ethereum Mining Giants Zilliqa is one of the fastest-growing blockchains in the world, offering the easiest way to create user-friendly dApps

By Alex Belov

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pixabay

Mining cryptocurrency has become a very popular and profitable activity in the digital market. As the crypto industry is developing rapidly, beginners find it challenging to decide which coin to mine. This article will talk about an up-and-coming project that is expected to be a breakthrough in 2022.

Zilliqa is one of the fastest-growing blockchains in the world, offering the easiest way to create user-friendly dApps. Zilliqa offers decentralized finance (DeFi), enabling users to engage with open and transparent financial market products and services. On Zilliqa marketplaces, users can mint items and turn them into an unchangeable and tamper-proof NFT.

Anyone can create decentralized applications, enjoy all the benefits of the blockchain and apply them to traditional sectors. dApps changed business worldwide by opening smarter and faster options for creative industries, gaming, banking, etc.

The Zilliqa blockchain's features low transaction costs; consensus protocol designed with sustainability in mind; transaction capacity scales as the network size grows; safe and secure blockchain; developer-friendly smart contract language; and created and maintained by the brightest minds.

Current achievements

In March 2022, Smart contract platform Zilliqa's ZIL token demonstrated a 300 per cent boost to $0.186 from $0.045 and became one of the most popular cryptocurrencies of the month. As of March 31, the cryptocurrency boasted a 321 per cent gain for the month.

Thus, the ZIL token became popular among miners, so they started to mine it actively. Developers have opened the Ezil Pool for Zil mining.

Ezil has become the largest pool which even exceeded Ethermine Pool. Let's compare Ezil and Ethermine Pools:

Ethermine

Ezil

Fee

1%

1%

Coins

ETH/ETC

ETH/ETC+ZIL

Reward method

PPLNS

PPLNS, PPS+

Payment method

ETH, Polygon

ETH, Polygon, BSC, OEC, HECO, Arbitrum

Detailed reports

No

Yes

Another important thing to mention is that 2.1 per cent of world's ETH and 20.51 per cent of ZIL are mined with ezil.me every day. The Ezil Pool offers both PPLNS and PPS+reward methods. It made it to the top 10 pools in terms of hashrate.

Ezil Pool features several withdrawal methods, which help ETH miners save up to 20 per cent. The pool has a user-friendly interface and 24/7 customer service.

Conclusion

Considering all the benefits of ZIL token mining, Ezil Pool appears to be a really attractive option to start mining and make a profit working with the up-and-coming project Zilliqa that embraces Metapolis, a groundbreaking metaverse-as-a-Service (MaaS) platform built on the top of Zilliqa blockchain.

Note: Investment in cryptocurrency and crypto assets is subject to financial risk and readers should do their own due diligence. Entrepreneur Media does not endorse any such investment.

Alex Belov

Contributer

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Related Topics

Finance

Here's What Entrepreneurs Expect from RBI Guidelines for P2P Lending Platforms

Some entrepreneurs think it will provide legal sanctity to P2P lending platforms

News and Trends

Popular Indian Apps Removed From Google Play Store

Mobile apps, including naukri.com, 99 acres.com, and shiksha.com have been removed from the play store

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Who Owns The Rights to Your AI-Generated Content? Not, It's Not You. Uncover The Scary Truth That Puts AI Users At Risk.

The realization that copyright laws do not protect AI-generated material might come as a shock to many.

News and Trends

Nvidia Becomes World's Third Largest Company

This positions Nvidia only third behind tech giants such as Microsoft and Apple

Marketing

7 Ways to Create a Seamless Marketing Campaign Across All Platforms

Achieving cross-platform harmony requires strategic goal-setting, customized content optimization, and a mix of paid and organic efforts.