Mining Parallax

Every coin in existence was mined, and every coin ever issued will be. Miners are the network's security budget — and if you kept an Ethash-class GPU rig, it still works.

Your old Ethereum rig works

XHash is Ethash-derived: memory-hard, GPU-competitive, and altered precisely so that the existing stock of Ethash ASICs cannot be reused. Your GPUs carry over — the software changes: mine with Hashwarp, the official open-source miner, or with SRBMiner-Multi. Epochs are shortened to 720 blocks (about five days per DAG regeneration at ten-minute blocks).

Download HashwarpSRBMiner-Multi

The numbers

Algorithm
XHash — Ethash-derived, memory-hard
Block reward
50 LAX, halving every 210,000 blocks (~4 years)
Target block time
~10 minutes
Coinbase maturity
100 blocks (~17 hours) before rewards are spendable
Difficulty
ASERT — adjusts every block, 2-day half-life
Fees
Paid to miners in full — nothing burned

Getting started

  1. 01

    Run the client
    Download the Parallax client and sync a full node. Solo mining requires one; pool miners can point their rigs directly at a pool endpoint.

  2. 02

    Test with the built-in CPU miner
    The client ships a CPU miner — fine for learning the flow on any machine, not for meaningful hashrate.

  3. 03

    Point your GPUs
    Point Hashwarp — the official open-source GPU miner — or SRBMiner-Multi at your node or a pool, with your LAX address as the payout target.

  4. 04

    Join a pool
    Solo blocks are rare at low personal hashrate. Pools smooth variance into steady payouts — compare live pools on the pool index.

Honest economics

Mining income is subsidy plus fees, paid in full. Profitability still depends on your hashrate, hardware efficiency, and electricity price — and on a young network, total hashrate (and therefore your share of it) can move fast in both directions. Difficulty re-targets every block. Run the numbers before you buy hardware; nothing here promises a return.

Download the clientMining pool indexMining guides