How to mine Neoxa cryptocurrency (NEOX)? Miners, Pools, Wallets. Is it worth mining?

In this article, we will show you how to mine the Neoxa cryptocurrency (NEOX), the KawPow algorithm: a list of miners, pools, wallets (exchanges), the best video card for mining and much more!

This article is not financial advice, it's up to YOU to decide whether to mine this cryptocurrency or not!

How to mine Neoxa cryptocurrency (NEOX): a quick answer

Neoxa cryptocurrency works on the KawPow algorithm (the same algorithm as Ravencoin). For mining, you need to follow these steps:

1. Step 1. Get a Digital coin Wallet: Exchanges (Txbit, TradeOgre), official wallet
2. Step 2. Choose a pool that is convenient for you. Example: 2miners.com or herominers.com
3. Step 3. Select a mining program (miner). Example: BMINER, GMINER
4. Step 4. Create .Bat file with settings and save it
5. Step 5. Start mining (configured.Bat file)

Next, we will look at all these points in detail.

Neoxa System Requirements

How to mine Neoxa (NEOX), the KawPow algorithm?

Next, we will analyze all these points in more detail. Let's start with the first point: creating (receiving) a digital wallet for the Neoxa coin (NEOX).

Where and how to get a digital wallet for Neoxa cryptocurrency? Which one will do?

To mine the Neoxa cryptocurrency, you need to get a digital wallet of this coin.

It can be obtained as follows:

The easiest way to get a digital wallet is on the stock exchange. But this method is not safe, since in the entire history of cryptocurrencies, exchanges have been hacked, they have scammed and others.

The official wallet is a reliable storage! But we would not advise installing a wallet of such a cryptocurrency on your main PC, or on a PC where other wallets are stored, since there have been cases when coins were created for the purpose of stealing the private keys of other wallets (the victim installed a wallet of scam coins on his PC and this wallet stole private keys, passwords from exchanges and others).

Most likely, the Neoxa cryptocurrency does not do this, but we still recommend installing wallets of little-known cryptocurrencies on a separate device that is not connected to the main wallets (Bitcoin, Ethereum, Litecoin and others).

How to install the official NEOXA wallet?

Installing a wallet is very simple. Go to the official wallet branch in GitHub and download the latest version of the wallet for your operating system.

After downloading, extract the contents of the ZIP file and run the exe file.

On Windows, you will most likely get the following popup:

If you are ready to install this wallet, then click "More info" and then "Run anyway" to launch the NEOX wallet.

When the wallet starts, you will be asked to choose where to install it. We recommend using the default data directory (if you have enough space on this disk).

Next, you will need to generate a recovery phrase. To do this, click on the "Generate" button. This button will randomly generate a recovery phrase for your Neoxa wallet.

If desired, you can add a passphrase for an additional level of security (it is recommended to do this).

Write down the Seed phrase and the passphrase and save them in a safe place (preferably rewrite them on paper!). These are the keys to your wallet, if you lose them, you will lose access to your wallet!

Now click on "Import" to create a wallet with your new recovery phrase. You will be asked to encrypt your wallet with a passphrase, do it!

Your wallet will have to synchronize with the blockchain (pump out the blockchain to your SSD or HDD), which may take some time and disk space.

You can start mining to this wallet before it is fully synchronized, but the funds will not be displayed until the wallet client reaches full synchronization!

Next, you need to find the address of your wallet (to receive coins from the mining pool). To do this, go to "Receive > Request Payment" and copy your address. It is located under the QR code.

Congratulations, you have created a wallet for NEOXA!

Example of a NEOXA coin wallet

The digital address of the Neoxa cryptocurrency (NEOX) looks like this:

GfC3theVopGQFqS7TnYimLW2eNkhKacUuD

Some pools require a wallet prefix first:

neoxa:GfC3theVopGQFqS7TnYimLW2eNkhKacUuD

Mining pool

Neoxa cryptocurrency entered the market on April 08, 2022 and currently has a fairly large number of pools (46 in total). The main hashrate of 5 pools.

The rest of the pools can be found on the website miningpoolstats.

Download NEOXA mining software. Miners under the KawPow algorithm

The coin works on the KawPow algorithm, the following programs are suitable for mining:

After you have downloaded the program, extract the archive and create .The NEXA coin bat file is for a pool convenient for you.

Examples of setting up a BAT file for different programs

Next, we'll show you how to configure .BAT file for Neoxa coin (NEOX) for different programs.

Example settings .BAT file under Gminer:

miner.exe --algo kawpow --server neox.2miners.com:4040 --user YOUR_WALLET_ADDRESS.RIG_ID
pause

Example settings .BAT file under T-Rex:

t-rex.exe -a kawpow -o stratum+tcp://neox.2miners.com:4040 -u YOUR_WALLET_ADDRESS.RIG_ID -p x
pause

Example settings .BAT file under Team Red Miner:

teamredminer.exe -a kawpow -o stratum+tcp://neox.2miners.com:4040 -u YOUR_WALLET_ADDRESS.RIG_ID -p x
pause

Example settings .BAT file under XMRig:

@echo off
xmrig.exe --donate-level 1 --no-cpu --opencl -o de.neoxa.herominers.com:1202 -u YOUR_NEOXA_WALLET_ADDRESS -p YOUR_WORKER_NAME -a kawpow -k
pause

Example settings .BAT file under NBMiner:

nbminer -a kawpow -o stratum+tcp://de.neoxa.herominers.com:1202 -u YOUR_NEOXA_WALLET_ADDRESS.YOUR_WORKER_NAME
pause

How to mine NEOXA on Amd?

Download the NEOXA mining program on AMD graphics cards:

How to mine NEOXA on HiveOS and Rave OS?

Below is explained in detail how to mine the NEOXA cryptocurrency in HiveOS

The best video card for mining NEOXA Mh/W

Below we have listed the best video cards for mining the NEOXA cryptocurrency and the KawPow algorithm in terms of mining efficiency (MH/W):

Hashrate of video cards in Neoxa mining (KawPow algorithm)

Is it worth mining Neoxa?

Let's say right away, this is not financial advice, it's up to you to decide whether or not to mine this cryptocurrency. Below you can read our opinion about Neoxa mining.

Neoxa cryptocurrency has not small, but also small daily trading volumes of ~ $ 250,000 - $ 300,000.

However, the coin is traded on only 3 exchanges, of which large trading volumes are only 1 - Txbit (~ $ 220,000 per day).

Cryptocurrency can often be found in the top 5 coins by profitability. If we consider this coin in more detail, then we can understand that this is another project that does not carry anything new (in other words, scam)!

Personally, we would not mine this coin, much less hold it.

It makes sense to mine it with small capacities and convert it into more reliable coins (for example, Bitcoin or Ethereum). If we mine it with small capacities (1-4 average GPU power), then we would hold it no more than 10% of income.

The coin already had a hype in 2022, and it is far from a fact that the hype will repeat again, or reach the same level (as in 2022), since in the entire history of cryptocurrencies there have been many POW coins that appeared in online calculators, were profitable and after 1-2 hypes completely died, and those who held such coins were left with nothing!