Excavator Crypto Mining: Full Guide

In this article, we will explore the critical aspects of Excavator crypto mining, including its features, benefits, optimization techniques, and frequently asked questions.

Introducing Excavator Crypto Mining

The Excavator is an ultra-lightweight NVIDIA mining software, conceived and certified by NiceHash. It offers a competitive hash rate performance and, notably, it doesn’t impose any fees, setting it apart from other third-party miners that typically impose a 1% development fee.

Building on this, the increasing demand for computational power in the cryptocurrency mining sphere, particularly for prominent coins such as Bitcoin and Ethereum, underscores the value of mining software like Excavator.

The ‘difficulty’ of mining these coins – essentially, the computational effort required to solve the cryptographic puzzles that allow a miner to add a block to the blockchain – is designed to increase over time.

#Bitcoin hashrate will not stop growing.

This is insane. 🤯

Mining is ruthless, free-market competition in its purest form. pic.twitter.com/ktqfnWf4NF

— Mitchell 🚀 (@MitchellHODL) June 11, 2023

How does Excavator optimize mining efficiency and maximize GPU performance?

The Excavator is a highly efficient, lightweight mining software, backed and certified by NiceHash. It stands out with its competitive hashrate performance and the unique feature of having no development fees, unlike most third-party miners that usually carry a 1% development fee.

1. Enhanced Algorithm Support: The excavator supports a wide range of mining algorithms, allowing miners to harness the power of their GPUs for various cryptocurrencies. This versatility maximizes mining opportunities and potential profits.
2. GPU Optimization: Excavator utilizes cutting-edge GPU optimization techniques to unlock the full potential of graphics cards. It maximizes hashrates and ensures that miners can achieve optimal mining performance with their hardware.
3. Efficient Power Consumption: The excavator is designed to strike a balance between performance and power consumption. It optimizes the mining process to minimize energy usage while maintaining high productivity.

⛏Stacking Hashrate. pic.twitter.com/U9cC2w7hHQ

— Simple Mining (@simpleminingio) June 5, 2023

Can the Excavator be used with different mining pools, and how does it handle pool connections? 

The excavator is compatible with various mining pools, providing miners with the flexibility to choose the most suitable option for their needs. It seamlessly handles pool connections through:

1. Pool Compatibility: Excavator supports popular mining pools, allowing miners to connect and contribute their hash power seamlessly. This compatibility ensures a smooth and efficient mining experience.
2. Pool Switching: Excavator enables miners to switch between different mining pools effortlessly. This feature is especially beneficial when miners want to explore different pools to maximize their mining rewards.

Operating Systems and Hardware Compatibility:

The Excavator operates on a 64-bit Windows 10 platform. The compatible hardware includes:

• NVIDIA GeForce GTX 1000 series with a minimum of 6GB RAM (Desktop versions)
• NVIDIA GeForce RTX 2000 series with a minimum of 6GB RAM (Desktop versions)
• NVIDIA GeForce RTX 3000 series with a minimum of 6GB RAM (Desktop versions)

Additional Features of the Excavator:

• A unique mining protocol that reduces issues with routers and firewalls.
• Low bandwidth usage and reduced latency.
• It’s built in-house, providing full transparency about its creators.
• The software holds multiple DAG files in the GPU memory, enabling swift switching between different DAGs without downtime penalties.
• It provides overclocking capabilities via its API.
• The Excavator has a unique feature where it resets overclocks to the stock settings during DAG generation, allowing for more stable overclock settings. However, you should know that if the DAG generation is unstable, it can cause continuous share rejections until you restart the miner.

NHOS

The Excavator comes bundled with NiceHash Miner, or it can be downloaded separately as a standalone miner.

Below is a comparison table showing hash-rate comparisons with other popular miners (using the Dagger-Hashimoto algorithm).

Please note that Excavator carries no developer fee. At present, it supports only NVIDIA GPUs, but work is underway to extend this support to AMD.

How to Activate Excavator in NiceHash Miner?

Currently, the Excavator is compatible only with NVIDIA GPUs. To enable the Excavator, you need to have at least one NVIDIA GPU in your setup to enable Excavator:

1. Initiate the NiceHash Miner.
2. Navigate to the Plugins tab and ensure that the Excavator is installed.
3. Proceed to the Benchmark tab and expand the GPU tile (by clicking on the GPU).
4. Locate the Excavator and enable it by flipping the toggle switch on the right side.
5. Begin your mining process.

Frequently Asked Questions

1. How can I download the Excavator miner?

To download the Excavator miner, visit these links and follow the provided instructions for installation.

• Download Center
• GitHub

2. What is the mining fee for Excavator?

Mining fees for Excavator can vary based on the mining pool and the specific cryptocurrency being mined. Check the mining pool’s fee structure for accurate information.

3. What is Excavator’s role in mining?

Excavator is mining software that enhances the cryptocurrency mining process. It optimizes GPU performance and supports various mining algorithms, resulting in higher hash rates and increased mining rewards.

4. Is Excavator Miner safe to use?

Excavator Miner is safe to use. It is developed and signed by reputable companies in the crypto-mining industry. Download Excavator Miner from official sources and maintain up-to-date antivirus software for added security.

5. What sets NiceHash Miner and QuickMiner apart?

NiceHash Miner is comprehensive mining software that supports CPU and GPU mining, featuring an intuitive interface, automatic algorithm switching, and built-in benchmarking tools. QuickMiner, developed by NiceHash, focuses on GPU mining, simplifying setup and optimization for maximum efficiency.

6. Does Tectum SoftNote need mining?

Tectum’s SoftNote does not require crypto mining – It uses a hybrid consensus approach & proof of utility system that requires minting instead. It is a transactionless payment system with instant payments and zero fees. Here’s a summary of how SoftNote minting works.