Beginning Development of SHA-256 Profit Switching

Mining is about profitability.

That is why we launched Luxor Swith, a chain-agnostic, profit-switching algorithm that maximizes mining profitability.

We launched this profit switching algorithm in Q2 2020 for Equihash and we are excited to announce that we have started development on it for SHA-256.

We will go through a testing period that will last a few months. During this time we will be working on maturing the profit switching algorithm for SHA-256. We will begin to incorporate various switching events with the goal of building a robust switching algorithm.

During the testing stage, we will be lowering our pool fee from 3% to 2.5% FPPS until we fully switch over.

Happy Hashing!