How to Overclock GPU for Mining - The Monitor Monitor

Post Bitcoin, my country is a heaven for Haswell-based PC gaming

Just want to share this "phenomenon" I've noticed for quite sometime. When my brother's mainboard failed, we thought of selling whatever that's left and upgrade to Ryzen. But it would never hurt to do another check, so I went on my wife's favourite online shopping platform to search for one. And voila, I found a B85 mainboard for ~$40.
Their recommendation engine quickly kicked in. To my surprise, "8GB DDR3" is one of the most popular search keywords. This means a lot of people were looking for them, so Haswell builds must be popular. I know mine is still running well.
So I decided to calculate the cost for a whole Haswell-based build, and this is what it cost to have an extremely decent gaming machine:
Total, minus HDD/SDD, monitor or mouse/kb: $275
There are, of course, a lot of risks:

And yes this build ins't going to win any speed contest, and the RX580 most likely gets bottlenecked by the CPU... But the beauty of this is, for $275, people can get a PC that can play pretty much ALL the AAA titles decently without breaking the bank. On my PC with similar configuration, I often get ~70-80fps out of TD1 and BF1. Even at Ultra in BF1, in smaller maps, I can still get ~60fps.
This is something I don't think has ever happened. I don't recall being able to play AAA games on a $275 build. Thank you, Bitcoin crash.
Edit: I just checked again and the price of the GPU went up, the cheapest RX 580 8GB now goes for ~$75. However $50 can still net you a RX 570 4GB, in this build the difference isn’t quite noticeable
submitted by EgoDivinus to buildapc [link] [comments]

Bitcoin Rhodium Mining Guide

Bitcoin Rhodium Mining Guide
Happy Mining!

All available XRC pools can be found on MiningPoolStats

Bitcoin Rhodium Mining Hardware

Baikal Giant+: 1.6 GH/s
Baikal Quad Cube: 1.2 GH/s
Baikal Giant: 900 MH/s
Baikal Quadruple Mini Miner: 600 MH/s
Baikal Miner Cube: 300 MH/s
Baikal Mini Miner: 150 MH/s

Mining Setup

To mine Bitcoin Rhodium you need to set up an XRC wallet and configure your miner of choice. You can choose between Web wallet, Electrum-XRC or Magnum wallet. To set up a web wallet please visit wallet.bitcoinrh.org. Or download and install Electrum-XRC wallet (recommended) for Windows, Linux and MacOS.
Web wallet: wallet.bitcoinrh.org
Electrum-XRC wallet: electrum.bitcoinrh.org
Magnum wallet: https://magnumwallet.co

Sign up for XRC web wallet if not yet done so

  1. Create an account, with your username, password and secure question.
  2. Sign in and click “Create Wallet”.
  3. Set up a strong transaction password. Make sure you store it securely in a secure password manager of choice.
  4. Copy the seed somewhere safe. It’d be a good idea to write seed on a hardcopy and keep it safe.
  5. Paste it to confirm you got it right.
  6. Grab an address for the mining step. Your wallet is now ready to mine XRC.

Instructions for mining XRC on the official pool

Pool link: poolcore.bitcoinrh.org
  1. Any miner that supports X13 will be able to mine XRC. We have a few examples below of miners that are well tested with Bitcoin Rhodium network.
  2. For any miner, configure the miner to point to:
(0–0.8 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3061
(0.8–2 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3062
(3–4 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3063
(5+ GH/s) stratum+tcp://poolcore.bitcoinrh.org:3064
with your XRC address as username and x as password. You don’t need to open an account on pool. You will be mining to XRC address and mined coins will be transferred to your wallet
after blocks reach 10 block maturity
after you mined up minimal amount of coins (currently 0.1 XRC)
sometimes mined blocks could get rejected by network (orphaned) after they were counted as valid blocks. This is normal network behavior to follow longest chain
  1. http://poolcore.bitcoinrh.org is used to follow your miner and network statistics.

CPU Miner-Multi

Source: https://github.com/tpruvot/cpuminer-multi
Sample configuration with CPU Miner tested on UBUNTU.
{
“url” : “stratum+tcp://poolcore.bitcoinrh.org:3061”, “user” : “YOUR XRC ADDRESS”,
“pass” : “x”,
“algo” : “x13”, “threads” : 1,
“cpu-priority” : 5,
“cpu-affinity” : 1, “benchmark” : false, “debug” : true, “protocol”: true, “show-diff”: true, “quiet” : false
}
Command to run your CPUMiner: cpuminer -c cpuminer.json

SGMiner (ATI GPU)

SGMiner is a GPU-based mine: https://github.com/nicehash/sgminereleases
The configuration below was tested on Windows:
setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100
cd C:\Software\sgminer-5.6.1-nicehash-51-windowsamd64 sgminer.exe
— gpu-platform 1 — algorithm x13mod -url stratum+tcp://poolcore.bitcoinrh. org:3062 — pool-user — userpass :x — auto-fan — temp-target 70 — temp-over- heat 82 — temp-cutoff 85 — gpu-fan 65–85 — log-file log.txt — no-adl — no-extra- nonce -P –T

CCMiner (NVIDIA GPU)

CCMiner is a GPU-based miner (NVIDIA)
Command to run your CCMINER:
ccminer-x64.exe -a x13 -o stratum+tcp://poolcore.bitcoinrh.org:3062 -O :without -D — show-diff

Baikal miner

Settings: Url:
(0–2 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3062
(3–4 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3063
(5+ GH/s) stratum+tcp://poolcore.bitcoinrh.org:3064
Algo: x13User: your XRC receiving address (make sure you set 2 distinct addresses for each hashing board)
Pass: x
Extranonce: leave off Priority set to 0 and 1
Once pool stratum address and your wallet as user are set up you should see your miner mining against XRC pool. When miner is working the status column is green. The pool and miner are incorrectly configured now as status says “Dead” highlighted in red.

Instructions for mining XRC on BSOD pool

Pool link: bsod.pw/en/pool/dashboard/XRC/
Use this code for your miner: -a x13 -o stratum+tcp://pool.bsod.pw:2582 -u WALLET.rig
BSOD pool allows both solo and party mining.
For solo mining use code: -a x13 -o stratum+tcp://pool.bsod.pw:2582 -u WALLET.rig -p m=solo And for party mining use: -a x13 -o stratum+tcp://pool.bsod.pw:2582 -u WALLET.rig -p m=party.yourpassword
NOTICE: You can use us for North America and asia for Asia instead of euin your .bat file or config.
You can also use BSOD pool’s monitor app for Android and iOS.

Instructions for mining XRC on ZERGPOOL

Zergpool offers low fees (just 0.5%) and also SOLO and PARTY mining with no extra fees.
To mine XRC on Zergpool use this command lines for your miner:
Regular: -a x13 -o stratum+tcp://x13.mine.zergpool.com:3633 -u -p c=XRC,mc=XRC Solo: -a x13 -o stratum+tcp://x13.mine.zergpool.com:3633 -u -p c=XRC,mc=XRC,m=solo Party: -a x13 -o stratum+tcp://x13.mine.zergpool.com:3633 -u -p c=XRC,mc=XRC,m=party
Use your coin wallet address as username in mining software. Specify c=SYMBOL as password to identify payout wallet coin, and the same coin in mc=SYMBOL to specify mining coin.
For more information and support please visit http://zergpool.com
Notice that when there are more pools mining XRC in different geographic/availability locations choose the nearest to you as lowest priority and then add desirable fall back pool options in different geographic locations or pools. This is useful when one pool experiences issues, to fall back to different pool in Bitcoin Rhodium network.

Calculate your Bitcoin Rhodium mining profitability

WhatToMine: https://whattomine.com/coins/317-xrc-x13
CoinCalculators: https://www.coincalculators.io/coin/bitcoin-rhodium

Feel free to ask questions in Discord community. There are lots of helpful people around the world watching XRC 24x7.

Bitcoin Rhodium Dev Team
submitted by BitcoinRh to BitcoinRhodium [link] [comments]

Transcript of discussion between an ASIC designer and several proof-of-work designers from #monero-pow channel on Freenode this morning

[08:07:01] lukminer contains precompiled cn/r math sequences for some blocks: https://lukminer.org/2019/03/09/oh-kay-v4r-here-we-come/
[08:07:11] try that with RandomX :P
[08:09:00] tevador: are you ready for some RandomX feedback? it looks like the CNv4 is slowly stabilizing, hashrate comes down...
[08:09:07] how does it even make sense to precompile it?
[08:09:14] mine 1% faster for 2 minutes?
[08:09:35] naturally we think the entire asic-resistance strategy is doomed to fail :) but that's a high-level thing, who knows. people may think it's great.
[08:09:49] about RandomX: looks like the cache size was chosen to make it GPU-hard
[08:09:56] looking forward to more docs
[08:11:38] after initial skimming, I would think it's possible to make a 10x asic for RandomX. But at least for us, we will only make an ASIC if there is not a total ASIC hostility there in the first place. That's better for the secret miners then.
[08:13:12] What I propose is this: we are working on an Ethash ASIC right now, and once we have that working, we would invite tevador or whoever wants to come to HK/Shenzhen and we walk you guys through how we would make a RandomX ASIC. You can then process this input in any way you like. Something like that.
[08:13:49] unless asics (or other accelerators) re-emerge on XMR faster than expected, it looks like there is a little bit of time before RandomX rollout
[08:14:22] 10x in what measure? $/hash or watt/hash?
[08:14:46] watt/hash
[08:15:19] so you can make 10 times more efficient double precisio FPU?
[08:16:02] like I said let's try to be productive. You are having me here, let's work together!
[08:16:15] continue with RandomX, publish more docs. that's always helpful.
[08:16:37] I'm trying to understand how it's possible at all. Why AMD/Intel are so inefficient at running FP calculations?
[08:18:05] midipoet ([email protected]/web/irccloud.com/x-vszshqqxwybvtsjm) has joined #monero-pow
[08:18:17] hardware development works the other way round. We start with 1) math then 2) optimization priority 3) hw/sw boundary 4) IP selection 5) physical implementation
[08:22:32] This still doesn't explain at which point you get 10x
[08:23:07] Weren't you the ones claiming "We can accelerate ProgPoW by a factor of 3x to 8x." ? I find it hard to believe too.
[08:30:20] sure
[08:30:26] so my idea: first we finish our current chip
[08:30:35] from simulation to silicon :)
[08:30:40] we love this stuff... we do it anyway
[08:30:59] now we have a communication channel, and we don't call each other names immediately anymore: big progress!
[08:31:06] you know, we russians have a saying "it was smooth on paper, but they forgot about ravines"
[08:31:12] So I need a bit more details
[08:31:16] ha ha. good!
[08:31:31] that's why I want to avoid to just make claims
[08:31:34] let's work
[08:31:40] RandomX comes in Sep/Oct, right?
[08:31:45] Maybe
[08:32:20] We need to audit it first
[08:32:31] ok
[08:32:59] we don't make chips to prove sw devs that their assumptions about hardware are wrong. especially not if these guys then promptly hardfork and move to the next wrong assumption :)
[08:33:10] from the outside, this only means that hw & sw are devaluing each other
[08:33:24] neither of us should do this
[08:33:47] we are making chips that can hopefully accelerate more crypto ops in the future
[08:33:52] signing, verifying, proving, etc.
[08:34:02] PoW is just a feature like others
[08:34:18] sech1: is it easy for you to come to Hong Kong? (visa-wise)
[08:34:20] or difficult?
[08:34:33] or are you there sometimes?
[08:34:41] It's kind of far away
[08:35:13] we are looking forward to more RandomX docs. that's the first step.
[08:35:31] I want to avoid that we have some meme "Linzhi says they can accelerate XYZ by factor x" .... "ha ha ha"
[08:35:37] right? we don't want that :)
[08:35:39] doc is almost finished
[08:35:40] What docs do you need? It's described pretty good
[08:35:41] so I better say nothing now
[08:35:50] we focus on our Ethash chip
[08:36:05] then based on that, we are happy to walk interested people through the design and what else it can do
[08:36:22] that's a better approach from my view than making claims that are laughed away (rightfully so, because no silicon...)
[08:36:37] ethash ASIC is basically a glorified memory controller
[08:36:39] sech1: tevador said something more is coming (he just did it again)
[08:37:03] yes, some parts of RandomX are not described well
[08:37:10] like dataset access logic
[08:37:37] RandomX looks like progpow for CPU
[08:37:54] yes
[08:38:03] it is designed to reflect CPU
[08:38:34] so any ASIC for it = CPU in essence
[08:39:04] of course there are still some things in regular CPU that can be thrown away for RandomX
[08:40:20] uncore parts are not used, but those will use very little power
[08:40:37] except for memory controller
[08:41:09] I'm just surprised sometimes, ok? let me ask: have you designed or taped out an asic before? isn't it risky to make assumptions about things that are largely unknown?
[08:41:23] I would worry
[08:41:31] that I get something wrong...
[08:41:44] but I also worry like crazy that CNv4 will blow up, where you guys seem to be relaxed
[08:42:06] I didn't want to bring up anything RandomX because CNv4 is such a nailbiter... :)
[08:42:15] how do you guys know you don't have asics in a week or two?
[08:42:38] we don't have experience with ASIC design, but RandomX is simply designed to exactly fit CPU capabilities, which is the best you can do anyways
[08:43:09] similar as ProgPoW did with GPUs
[08:43:14] some people say they want to do asic-resistance only until the vast majority of coins has been issued
[08:43:21] that's at least reasonable
[08:43:43] yeah but progpow totally will not work as advertised :)
[08:44:08] yeah, I've seen that comment about progpow a few times already
[08:44:11] which is no surprise if you know it's just a random sales story to sell a few more GPUs
[08:44:13] RandomX is not permanent, we are expecting to switch to ASIC friendly in a few years if possible
[08:44:18] yes
[08:44:21] that makes sense
[08:44:40] linzhi-sonia: how so? will it break or will it be asic-able with decent performance gains?
[08:44:41] are you happy with CNv4 so far?
[08:45:10] ah, long story. progpow is a masterpiece of deception, let's not get into it here.
[08:45:21] if you know chip marketing it makes more sense
[08:45:24] linzhi-sonia: So far? lol! a bit early to tell, don't you think?
[08:45:35] the diff is coming down
[08:45:41] first few hours looked scary
[08:45:43] I remain skeptical: I only see ASICs being reasonable if they are already as ubiquitous as smartphones
[08:45:46] yes, so far so good
[08:46:01] we kbew the diff would not come down ubtil affter block 75
[08:46:10] yes
[08:46:22] but first few hours it looks like only 5% hashrate left
[08:46:27] looked
[08:46:29] now it's better
[08:46:51] the next worry is: when will "unexplainable" hashrate come back?
[08:47:00] you hope 2-3 months? more?
[08:47:05] so give it another couple of days. will probably overshoot to the downside, and then rise a bit as miners get updated and return
[08:47:22] 3 months minimum turnaround, yes
[08:47:28] nah
[08:47:36] don't underestimate asicmakers :)
[08:47:54] you guys don't get #1 priority on chip fabs
[08:47:56] 3 months = 90 days. do you know what is happening in those 90 days exactly? I'm pretty sure you don't. same thing as before.
[08:48:13] we don't do any secret chips btw
[08:48:21] 3 months assumes they had a complete design ready to go, and added the last minute change in 1 day
[08:48:24] do you know who is behind the hashrate that is now bricked?
[08:48:27] innosilicon?
[08:48:34] hyc: no no, and no. :)
[08:48:44] hyc: have you designed or taped out a chip before?
[08:48:51] yes, many years ago
[08:49:10] then you should know that 90 days is not a fixed number
[08:49:35] sure, but like I said, other makers have greater demand
[08:49:35] especially not if you can prepare, if you just have to modify something, or you have more programmability in the chip than some people assume
[08:50:07] we are chipmakers, we would never dare to do what you guys are doing with CNv4 :) but maybe that just means you are cooler!
[08:50:07] and yes, programmability makes some aspect of turnaround easier
[08:50:10] all fine
[08:50:10] I hope it works!
[08:50:28] do you know who is behind the hashrate that is now bricked?
[08:50:29] inno?
[08:50:41] we suspect so, but have no evidence
[08:50:44] maybe we can try to find them, but we cannot spend too much time on this
[08:50:53] it's probably not so much of a secret
[08:51:01] why should it be, right?
[08:51:10] devs want this cat-and-mouse game? devs get it...
[08:51:35] there was one leak saying it's innosilicon
[08:51:36] so you think 3 months, ok
[08:51:43] inno is cool
[08:51:46] good team
[08:51:49] IP design house
[08:51:54] in Wuhan
[08:52:06] they send their people to conferences with fake biz cards :)
[08:52:19] pretending to be other companies?
[08:52:26] sure
[08:52:28] ha ha
[08:52:39] so when we see them, we look at whatever card they carry and laugh :)
[08:52:52] they are perfectly suited for secret mining games
[08:52:59] they made at most $6 million in 2 months of mining, so I wonder if it was worth it
[08:53:10] yeah. no way to know
[08:53:15] but it's good that you calculate!
[08:53:24] this is all about cost/benefit
[08:53:25] then you also understand - imagine the value of XMR goes up 5x, 10x
[08:53:34] that whole "asic resistance" thing will come down like a house of cards
[08:53:41] I would imagine they sell immediately
[08:53:53] the investor may fully understand the risk
[08:53:57] the buyer
[08:54:13] it's not healthy, but that's another discussion
[08:54:23] so mid-June
[08:54:27] let's see
[08:54:49] I would be susprised if CNv4 ASICs show up at all
[08:54:56] surprised*
[08:54:56] why?
[08:55:05] is only an economic question
[08:55:12] yeah should be interesting. FPGAs will be near their limits as well
[08:55:16] unless XMR goes up a lot
[08:55:19] no, not *only*. it's also a technology question
[08:55:44] you believe CNv4 is "asic resistant"? which feature?
[08:55:53] it's not
[08:55:59] cnv4 = Rabdomx ?
[08:56:03] no
[08:56:07] cnv4=cryptinight/r
[08:56:11] ah
[08:56:18] CNv4 is the one we have now, I think
[08:56:21] since yesterday
[08:56:30] it's plenty enough resistant for current XMR price
[08:56:45] that may be, yes!
[08:56:55] I look at daily payouts. XMR = ca. 100k USD / day
[08:57:03] it can hold until October, but it's not asic resistant
[08:57:23] well, last 24h only 22,442 USD :)
[08:57:32] I think 80 h/s per watt ASICs are possible for CNv4
[08:57:38] linzhi-sonia where do you produce your chips? TSMC?
[08:57:44] I'm cruious how you would expect to build a randomX ASIC that outperforms ARM cores for efficiency, or Intel cores for raw speed
[08:57:48] curious
[08:58:01] yes, tsmc
[08:58:21] Our team did the world's first bitcoin asic, Avalon
[08:58:25] and upcoming 2nd gen Ryzens (64-core EPYC) will be a blast at RandomX
[08:58:28] designed and manufactured
[08:58:53] still being marketed?
[08:59:03] linzhi-sonia: do you understand what xmr wants to achieve, community-wise?
[08:59:14] Avalon? as part of Canaan Creative, yes I think so.
[08:59:25] there's not much interesting oing on in SHA256
[08:59:29] Inge-: I would think so, but please speak
[08:59:32] hyc: yes
[09:00:28] linzhi-sonia: i am curious to hear your thoughts. I am fairly new to this space myself...
[09:00:51] oh
[09:00:56] we are grandpas, and grandmas
[09:01:36] yet I have no problem understanding why ASICS are currently reviled.
[09:01:48] xmr's main differentiators to, let's say btc, are anonymity and fungibility
[09:01:58] I find the client terribly slow btw
[09:02:21] and I think the asic-forking since last may is wrong, doesn't create value and doesn't help with the project objectives
[09:02:25] which "the client" ?
[09:02:52] Monero GUI client maybe
[09:03:12] MacOS, yes
[09:03:28] What exactly is slow?
[09:03:30] linzhi-sonia: I run my own node, and use the CLI and Monerujo. Have not had issues.
[09:03:49] staying in sync
[09:03:49] linzhi-sonia: decentralization is also a key principle
[09:03:56] one that Bitcoin has failed to maintain
[09:04:39] hmm
[09:05:00] looks fairly decentralized to me. decentralization is the result of 3 goals imo: resilient, trustless, permissionless
[09:05:28] don't ask a hardware maker about physical decentralization. that's too ideological. we focus on logical decentralization.
[09:06:11] physical decentralization is important. with bulk of bitnoin mining centered on Chinese hydroelectric dams
[09:06:19] have you thought about including block data in the PoW?
[09:06:41] yes, of course.
[09:07:39] is that already in an algo?
[09:08:10] hyc: about "centered on chinese hydro" - what is your source? the best paper I know is this: https://coinshares.co.uk/wp-content/uploads/2018/11/Mining-Whitepaper-Final.pdf
[09:09:01] linzhi-sonia: do you mine on your ASICs before you sell them?
[09:09:13] besides testing of course
[09:09:45] that paper puts Chinese btc miners at 60% max
[09:10:05] tevador: I think everybody learned that that is not healthy long-term!
[09:10:16] because it gives the chipmaker a cost advantage over its own customers
[09:10:33] and cost advantage leads to centralization (physical and logical)
[09:10:51] you guys should know who finances progpow and why :)
[09:11:05] but let's not get into this, ha ha. want to keep the channel civilized. right OhGodAGirl ? :)
[09:11:34] tevador: so the answer is no! 100% and definitely no
[09:11:54] that "self-mining" disease was one of the problems we have now with asics, and their bad reputation (rightfully so)
[09:13:08] I plan to write a nice short 2-page paper or so on our chip design process. maybe it's interesting to some people here.
[09:13:15] basically the 5 steps I mentioned before, from math to physical
[09:13:32] linzhi-sonia: the paper you linked puts 48% of bitcoin mining in Sichuan. the total in China is much more than 60%
[09:13:38] need to run it by a few people to fix bugs, will post it here when published
[09:14:06] hyc: ok! I am just sharing the "best" document I know today. it definitely may be wrong and there may be a better one now.
[09:14:18] hyc: if you see some reports, please share
[09:14:51] hey I am really curious about this: where is a PoW algo that puts block data into the PoW?
[09:15:02] the previous paper I read is from here http://hackingdistributed.com/2018/01/15/decentralization-bitcoin-ethereum/
[09:15:38] hyc: you said that already exists? (block data in PoW)
[09:15:45] it would make verification harder
[09:15:49] linzhi-sonia: https://the-eye.eu/public/Books/campdivision.com/PDF/Computers%20General/Privacy/bitcoin/meh/hashimoto.pdf
[09:15:51] but for chips it would be interesting
[09:15:52] we discussed the possibility about a year ago https://www.reddit.com/Monero/comments/8bshrx/what_we_need_to_know_about_proof_of_work_pow/
[09:16:05] oh good links! thanks! need to read...
[09:16:06] I think that paper by dryja was original
[09:17:53] since we have a nice flow - second question I'm very curious about: has anyone thought about in-protocol rewards for other functions?
[09:18:55] we've discussed micropayments for wallets to use remote nodes
[09:18:55] you know there is a lot of work in other coins about STARK provers, zero-knowledge, etc. many of those things very compute intense, or need to be outsourced to a service (zether). For chipmakers, in-protocol rewards create an economic incentive to accelerate those things.
[09:19:50] whenever there is an in-protocol reward, you may get the power of ASICs doing something you actually want to happen
[09:19:52] it would be nice if there was some economic reward for running a fullnode, but no one has come up with much more than that afaik
[09:19:54] instead of fighting them off
[09:20:29] you need to use asics, not fight them. that's an obvious thing to say for an asicmaker...
[09:20:41] in-protocol rewards can be very powerful
[09:20:50] like I said before - unless the ASICs are so useful they're embedded in every smartphone, I dont see them being a positive for decentralization
[09:21:17] if they're a separate product, the average consumer is not going to buy them
[09:21:20] now I was talking about speedup of verifying, signing, proving, etc.
[09:21:23] they won't even know what they are
[09:22:07] if anybody wants to talk about or design in-protocol rewards, please come talk to us
[09:22:08] the average consumer also doesn't use general purpose hardware to secure blockchains either
[09:22:14] not just for PoW, in fact *NOT* for PoW
[09:22:32] it requires sw/hw co-design
[09:23:10] we are in long-term discussions/collaboration over this with Ethereum, Bitcoin Cash. just talk right now.
[09:23:16] this was recently published though suggesting more uptake though I guess https://btcmanager.com/college-students-are-the-second-biggest-miners-of-cryptocurrency/
[09:23:29] I find it pretty hard to believe their numbers
[09:24:03] well
[09:24:09] sorry, original article: https://www.pcmag.com/news/366952/college-kids-are-using-campus-electricity-to-mine-crypto
[09:24:11] just talk, no? rumors
[09:24:18] college students are already more educated than the average consumer
[09:24:29] we are not seeing many such customers anymore
[09:24:30] it's data from cisco monitoring network traffic
[09:24:33] and they're always looking for free money
[09:24:48] of course anyone with "free" electricity is inclined to do it
[09:24:57] but look at the rates, cannot make much money
[09:26:06] Ethereum is a bloated collection of bugs wrapped in a UI. I suppose they need all the help they can get
[09:26:29] Bitcoin Cash ... just another get rich quick scheme
[09:26:38] hmm :)
[09:26:51] I'll give it back to you, ok? ha ha. arrogance comes before the fall...
[09:27:17] maye we should have a little fun with CNv4 mining :)
[09:27:25] ;)
[09:27:38] come on. anyone who has watched their track record... $75M lost in ETH at DAO hack
[09:27:50] every smart contract that comes along is just waiting for another hack
[09:27:58] I just wanted to throw out the "in-protocol reward" thing, maybe someone sees the idea and wants to cowork. maybe not. maybe it's a stupid idea.
[09:29:18] linzhi-sonia: any thoughts on CN-GPU?
[09:29:55] CN-GPU has one positive aspect - it wastes chip area to implement all 18 hash algorithms
[09:30:19] you will always hear roughly the same feedback from me:
[09:30:52] "This algorithm very different, it heavy use floating point operations to hurt FPGAs and general purpose CPUs"
[09:30:56] the problem is, if it's profitable for people to buy ASIC miners and mine, it's always more profitable for the manufacturer to not sell and mine themselves
[09:31:02] "hurt"
[09:31:07] what is the point of this?
[09:31:15] it totally doesn't work
[09:31:24] you are hurting noone, just demonstrating lack of ability to think
[09:31:41] what is better: algo designed for chip, or chip designed for algo?
[09:31:43] fireice does it on daily basis, CN-GPU is a joke
[09:31:53] tevador: that's not really true, especially in a market with such large price fluctuations as cryptocurrency
[09:32:12] it's far less risky to sell miners than mine with them and pray that price doesn't crash for next six months
[09:32:14] I think it's great that crypto has a nice group of asicmakers now, hw & sw will cowork well
[09:32:36] jwinterm yes, that's why they premine them and sell after
[09:32:41] PoW is about being thermodynamically and cryptographically provable
[09:32:45] premining with them is taking on that risk
[09:32:49] not "fork when we think there are asics"
[09:32:51] business is about risk minimization
[09:32:54] that's just fear-driven
[09:33:05] Inge-: that's roughly the feedback
[09:33:24] I'm not saying it hasn't happened, but I think it's not so simple as saying "it always happens"
[09:34:00] jwinterm: it has certainly happened on BTC. and also on XMR.
[09:34:19] ironically, please think about it: these kinds of algos indeed prove the limits of the chips they were designed for. but they don't prove that you cannot implement the same algo differently! cannot!
[09:34:26] Risk minimization is not starting a business at all.
[09:34:34] proof-of-gpu-limit. proof-of-cpu-limit.
[09:34:37] imagine you have a money printing machine, would you sell it?
[09:34:39] proves nothing for an ASIC :)
[09:35:05] linzhi-sonia: thanks. I dont think anyone believes you can't make a more efficient cn-gpu asic than a gpu - but that it would not be orders of magnitude faster...
[09:35:24] ok
[09:35:44] like I say. these algos are, that's really ironic, designed to prove the limitatios of a particular chip in mind of the designer
[09:35:50] exactly the wrong way round :)
[09:36:16] like the cache size in RandomX :)
[09:36:18] beautiful
[09:36:29] someone looked at GPU designs
[09:37:31] linzhi-sonia can you elaborate? Cache size in RandomX was selected to fit CPU cache
[09:37:52] yes
[09:38:03] too large for GPU
[09:38:11] as I said, we are designing the algorithm to exactly fit CPU capabilities, I do not claim an ASIC cannot be more efficient
[09:38:16] ok!
[09:38:29] when will you do the audit?
[09:38:35] will the results be published in a document or so?
[09:38:37] I claim that single-chip ASIC is not viable, though
[09:39:06] you guys are brave, noone disputes that. 3 anti-asic hardforks now!
[09:39:18] 4th one coming
[09:39:31] 3 forks were done not only for this
[09:39:38] they had scheduled updates in the first place
[09:48:10] Monero is the #1 anti-asic fighter
[09:48:25] Monero is #1 for a lot of reasons ;)
[09:48:40] It's the coin with the most hycs.
[09:48:55] mooooo
[09:59:06] sneaky integer overflow, bug squished
[10:38:00] p0nziph0ne ([email protected]/vpn/privateinternetaccess/p0nziph0ne) has joined #monero-pow
[11:10:53] The convo here is wild
[11:12:29] it's like geo-politics at the intersection of software and hardware manufacturing for thermoeconomic value.
[11:13:05] ..and on a Sunday.
[11:15:43] midipoet: hw and sw should work together and stop silly games to devalue each other. to outsiders this is totally not attractive.
[11:16:07] I appreciate the positive energy here to try to listen, learn, understand.
[11:16:10] that's a start
[11:16:48] <-- p0nziph0ne ([email protected]/vpn/privateinternetaccess/p0nziph0ne) has quit (Quit: Leaving)
[11:16:54] we won't do silly mining against xmr "community" wishes, but not because we couldn'd do it, but because it's the wrong direction in the long run, for both sides
[11:18:57] linzhi-sonia: I agree to some extent. Though, in reality, there will always be divergence between social worlds. Not every body has the same vision of the future. Reaching societal consensus on reality tomorrow is not always easy
[11:20:25] absolutely. especially at a time when there is so much profit to be made from divisiveness.
[11:20:37] someone will want to make that profit, for sure
[11:24:32] Yes. Money distorts.
[11:24:47] Or wealth...one of the two
[11:26:35] Too much physical money will distort rays of light passing close to it indeed.
submitted by jwinterm to Monero [link] [comments]

GPU Mining Crash Course - START HERE!

Welcome All to the GPUMining Crash Course!
With the increase in prices in cryptocurrency, a lot of people are getting back into mining and a lot of people are brand new to the concept overall. So, I quickly wrote this crash course to help you understand what to expect and how to successfully mine your first cryptocurrency. This crash course isn't gonna have all of the fluff you'd see in a normal publication. This is just everything you need to know to get up and running on your first cryptocurrency mining rig.

What is cryptocurrency mining?

One of the main things about cryptocurrencies is that they are "decentralized". Sounds great, but WTF does that even mean? Well, the easiest way to explain it is...
You know how if you want to send your friend/family money digitally, you can do so through your bank. Your bank likely takes a transaction fee and in a few days they will transfer the money. Since cryptocurrencies are decentralized, they don't have a bank or organization to fulfill the transfer of money. Instead, they outsource the computing power of their cryptocurrency network to miners (soon to be you). These miners are verifying transactions, securing the blockchain, and powering the cryptocurrency's specific network among other things. As an incentive, the miners collect transaction fees on the transactions that they verify and collect block rewards while new currency is still being introduced into the ecosystem.

What kind of rig should I build?

You can mine cryptocurrencies using your CPU, GPU, FPGA, or ASIC, but this is a GPU Mining subreddit, so I will cater this to GPUs.
For building a great all-around GPU rig, there are two models of GPUs that I'd recommend:
Both of these GPUs have solid hashrates across most mining algorithms and for a decent price! You should be able to find both of these kinds of GPUs used for around $200-$250 each, which is a great price if you know what happened during the last mining craze! ($200 GPUs were out of stock everywhere and people were reselling them for $600+ each)
There are also plenty of great AMD GPUs for mining, but I've worked mostly with Nvidia so that's why both of my recommendations are Nvidia and not AMD.
Other parts to your rig that you'll need are listed below. Most of these can be pieces of crap and are just needed to make the rig actually run, but the one spot you DON'T want to cheap out on is the power supply unit. A decent power supply unit will keep your home from burning down while also keeping your rigs up and running smoothly. Here are my recommendations:

She's built, now what?

Now you need to do a few things. I am a Windows miner, so I will be speaking to Windows here:
  1. Update Windows - Do all of the updates. Just do it.
  2. Update Drivers - Go to the EVGA website and download GeForce experience. It will keep your GPU drivers up to date.
  3. Go to Windows Device Manager and make sure all of your GPUs show up under "Display Adapters". If it is there, but it isn't showing the Name/Model of the GPU as the name, right click it and select "Update Driver". This should fix it.
Assuming you've done all of this, you're ready to download a mining application.

Mining Software

There are tons to choose from! Claymore, Phoenix, EWBF, LolMiner, etc... It can be overwhelming pretty quickly since they all have different algorithm support, speeds, efficiencies, and a whole lot more. On top of that, in order to get them running you need to set up batch files to call the proper exe, point you to the correct pool, and a whole bunch of other stuff that can be confusing to a new user. Not to mention, you will probably need a separate miner, config file, batch file, etc. for each different algorithm that you're interested in mining on.
Instead, I recommend that you download a miner management software that will take care of most of this tedious work for you. There are a few in the sidebar, but the /GPUMining favorite is AIOMiner. It was developed by our very own community member, xixspiderxix with the intention of making mining as easy as possible to do and without any fees. It supports over 100 different algorithms, so you'll be able to mine nearly ANY cryptocurrency you'd like. Just download it from their website and it will take you through a quick tutorial to help you get set up! You can also connect your rig to their website for remote monitoring and control. You've probably seen a few of their posts around this subreddit.
Other Windows mining softwares include:
Note: Many mining softwares have fees built into them. Most are around 1%, but can go as high as 5% or greater! You want a mining software with little or no fees at all so that you get to keep as much cryptocurrency as possible. These fees aren't something you actively pay, the software will automatically take it by mining on the developers behalf for a given amount of time and then switching back to mining on your own behalf. So, please be diligent in the software that you evaluate and make sure it is reputable.

I keep hearing about NiceHash. What is that?

The asshole of the mining industry. Jk, but not really.
NiceHash is a software program that allows you to sell your rig's hashing power to someone on their marketplace. They market themselves as profitable mining, but you're not really mining. You're selling your power in exchange for Bitcoin.
They did a great job telling people that with them, you're always mining the most profitable coin, but that's just not true. Since it is a mining marketplace, they make you mine whatever their most expensive contract is. If their contracts are below market prices, then you're not operating as efficiently and profitably as you could be.
NiceHash also has a sketchy history, which continues to this day. In 2017, they were hacked and lost $65M worth of Bitcoin. No one got paid out for MONTHS and many of their executives conveniently resigned. Their platform is also used to destroy cryptocurrencies. Since people are able to purchase mining power on their platform, people have used their platform to purchase enough mining power to control individual cryptocurrencies and duplicate coins, which increased the malicious user's wealth while completely destroying the integrity of the coin's blockchain. HoriZEN (formerly ZenCash), Ethereum Classic, and many other great cryptocurrencies have been the victim of NiceHash's platform.
For this and many other reasons, we highly recommend that you stay AWAY from Nicehash. We understand that it is extremely easy to use and you get paid in bitcoin, but they are destroying the industry with their greed and lack of motivation to change their platform for the protection of cryptocurrencies.

Concluding Thoughts

This is pretty much everything you need to know to get started. We covered the hardware, setting up the software, which software to use, and AIOMiner's tutorial will get you up to speed on how to actually mine the cryptocurrency that you want better than I can explain it, so I'll leave that part to them.
If you have any questions on this crash course, please leave a comment below where myself and other community members will be able to help you out.
submitted by The_Brutally_Honest to gpumining [link] [comments]

The Hempcoin Community Guide Q1 201

Table of contents:

  1. Preface
  2. Tools:
    • Masternode Calculator
    • Fork Preparedness guide
    • Mining Guide
  3. Current projects
  4. Social Platform Links
  5. F.A.Q's
 

Preface

In the past month, we, the team at The HempCoin have been making some huge changes, both internally and business development wise. We have added 3 new roles to the team: Community Outreach Manager, Business Development Manager, and Brand Ambassadors. Thanks to this, we have had many new developments which have shifted our timeframe a little as you may have seen. That being said, we are committed to ensuring our community is kept as up-to-date as possible and provided with as many support materials as we can create. We've spent the better half of two weeks writing up this guide and the tools included in it, in hopes that it will help answer many of the common questions we have been seeing and even some of the less common ones.
 

Tools

Masternode Calculator:
Ever since we have announced that we will be forking into a masternode coin, we have been asked for the details and specifics of the reward payout for a node. Seeing this, we have created a Spreadsheet that is editable by the community. It will calculate the rewards for any number of nodes, and also tell you the expected payout in USD based on a price the user can input. You can find the link to the sheet here.
 
Fork Preparedness Guide:
This guide will ensure you will be completely prepared for the upcoming fork. We have been seeing many questions about the fork which is understandable, and hopefully, this will alleviate many of those by ensuring all of our investors know how to make sure they are prepared, no matter their platform.
Windows: Currently there are two options for coin storage on windows. Bittrex, the exchange that THC is currently traded on, or our official wallet. the safest and most secure option would be to store your coins in the private wallet, however, Bittrex has also confirmed with us that they will be supporting our fork. If you are planning on storing your coins there, all you need to do is purchase the THC and leave it be, once we fork, you will get the new coin from bittrex automatically and that is all. If you intend on using our private wallet, you can download the most up-to-date version from our GitHub here. Once you install it, you will need to let it run to synchronize, this has been known to take a very long time (due to having to sync all blocks since 2014). Once we fork, we will ensure this is alleviated, however, for now, you can follow the tutorial that was written here which will help you go from needing about 2 weeks to sync to about 3 hours at max. Either of these coin storage options will ensure you are completely supported during our fork.
Mac: At the moment, our current wallet only supports the Windows platform. Once we complete our fork there will be a wallet available for all platforms including mac an Linux. So, if you do not have access to a Windows PC your best option for securely storing your coins during our fork is to store them on Bittrex. They have confirmed with the team that they will be supporting the fork so your coins will be safe with them.
Linux: As you may have read above, our wallet currently only officially supports the Windows platform at the moment, however, there have been users who have reported that they have been successful in installing the wallet on Linux. However, at the time, we do not officially support the platform. Our advice would be the same as provided to the Mac users, storing your coins on bittrex would be the best option until our Linux wallet is available.
Android: Currently, the only wallet we know of that will support THC on android is Coinomi. The community has been asking on their support forum if they will be supporting the fork and the reply that was received was somewhat unsure. They stated that no coins will be lost, but never confirmed if they would be adapting to the new algo and giving out any new coins. As the team, we have not heard whether or not they will be supporting the fork so the best plan for android users would be to either transfer your coins to a windows wallet, or to bittrex to ensure you are supported. We are not saying coinomi will not support the fork, however, it is an unknown, and we would prefer to ensure that there is 100% support.
 
Mining Guide:
Lately, we have seen quite a few inquiries about the possibility of mining THC. Currently, there is only one pool that we are aware of which is hosted on the mining-dutch.nl. The tutorial written below will cover how to get started mining with an NVIDIA GPU using the mining-dutch servers, on a Windows-based PC. AMD GPU's have a very similar process, the main difference will be that you need to swap out the program CCMiner for a program which supports the AMD architecture.
To start mining you'll need a few things:
  • A decent GPU (as many as possible really, these are the brains of the operation).
  • A fairly well-ventilated PC case(if you're just mining with your gaming PC)
  • Instead of a PC case a lot of big-time miners just use shelves and build the multi-GPU rigs on those.
  • A mining program (For this tutorial we will be using CCMiner but there are plenty of great alternatives out there too)
  • A pool to mine from (Think of this as a meeting place for all the GPUs to team up and mine faster)
Now that we know what we need to mine, let's get started on setting it up:
  1. Download the correct version of CCMiner: CCminer for 32bit systems or CCminer for 64bit systems (both of these files are just pulled straight from the github).
  2. You may need to install a program to open 7z files such as WinRar.
  3. Extract these files to somewhere like C:\Program Files, or at least somewhere you won't forget about them.
  4. You should see an api folder, a program called ccminer.exe (sometimes ccminer-x64.exe) and a few other small files. What you want to look for is ccminer.conf, this is your config file. You use this to tell your program what pool to mine from.
  5. Open up ccminer.conf with notepad or notepad++ if you have it installed (or really any other coding software) and now we can get to the file editing.
  6. When you open ccminer.conf you should see something that looks like this. (excuse the pastebin link, reddit doesnt seem to like code in lists.)
  7. Next, go to the mining-dutch link and setup an account. (Direct link to signup page)\
  8. (These next links will likely only work once you register and sign in)
  9. Proceed to the workers page (Normally found under My Account>My Workers)
  10. A worker is essentially telling the pool what machine is working for you. Create a new worker by entering in "Workername" "Password" and check the monitor box. Now just hit create.
  11. Now, go back to the ccminer.conf file that we opened earlier. If you follow this link you should see something that looks very much like your file, however, it also has labels, #1, #2, #3.
  12. On your file, fill in #1 with "stratum+tcp://mining-dutch.nl:3435" (this can be found on the mining dutch website, its just hidden. In the top right, click the cloud with the blue icon (getting started) then scroll down to the Vardiff address for Hempcoin)
  13. #2, enter your "loginname.workername" Login name being your username to login to mining-dutch, then workername being what you just named the worker we created.
  14. #3 can be filled with anything, they don't use passwords.
  15. This should really be all you need. Now save the ccminer.conf and then just run ccminer.exe
If all of this was done correctly you should see a command-prompt window pop up and your machine start to mine. It takes some time to get going so that is not unheard of, and also, if you look at the dashboard you may not see your worker show up for a while. This is normal, it uses averages over time to tell you what performance it is getting so it won't have a proper value for a few minutes.
 

Current Projects

We are always working on advancing all of our roadmap goals, however, lately, we have been focusing on a few key projects which are listed below (in no specific order).
  • Putting the finishing touches on the new wallet.
  • Ensuring bittrex is ready for the fork.
  • HempPay.
  • Merchant Services
  • Our mobile app
  • Graphics that will better represent the new THC.
  • A brand new website (launching soon!).
  • Connecting with many different owners/affiliates/partners to businesses which would like to use THC locally.
  • Implementing the ambassador program
  • Internal organization to ensure everyone is on the same page at all times.
 

Social Platform Links

One of the larger changes we have made is to bring a community outreach manager onboard to work on communication. We may have had missteps in the past, however that is in the past, we have changed and want to ensure we show you that change! Keeping in line with that, we have heard your cries for a more community-oriented social stance, so, we have created an official discord chatroom where anyone can come and chat with some of the devs, or the rest of the community to stay in the loop. We have also created a telegram more recently, which as of the date of typing this, has over 1000 members already, and it was only released less than a week ago. We do ask that everyone who joins reads over the rules that are posted in both locations and abides by them so we can have a clean and organized community. We are always looking to expand and if you have any more suggestions feel free to let us know!
 

F.A.Q's

Q: I transferred X amount of THC to my wallet, but it's missing? A: The first step to ensuring you never lose any THC is to confirm the wallet address. Always, always, always double and triple-check that the address you input is the same as your address. If there are ANY typos at all, you will not receive your coins. If you have checked and are sure that the address is correct, check your wallet. If you have just installed it, chances are you are still syncing with the blockchain; you will need to wait until you are caught up to see the THC. It's best practice to sync your wallet before you make any transfers. To check the status of your synchronization, check the debug menu in the wallet, it will show you the exact date you are synced to. Lastly, if you are for sure synced, and you have used the correct address, check the transaction ID on the block explorer. This will show what happened with the transaction and allow you to follow where it went. It could also still just be in progress, sometimes it can take up to an hour if there are service delays with the exchange or even just your internet connection.
Q: Why have there been so many delays with THC? You have been around forever! A: Although THC was one of the first 30 cryptocurrencies mined in 2014, the unfortunate truth is that before April 2017, there was no active full-time team. Since then, the original THC FoundeDeveloper and current CEO Tim has worked hard to add incredible new developers, a business outreach team, an entire marketing team, and the brand ambassadorship program. It has taken us a little time to organize, but we are finally in sync as a team and prepared to unleash this business on the world.
Q: When is the fork? A: As many of you have noticed, our whitepaper says fork will occur by Q2, while we previously announced Feb. 23rd. We did this not to provide our community with doubts, but to allow ourselves an added bit of time for our dev team which, like the rest of our team, has added new members in recent months. Due to this, we are far further along with our HempPay platform than we thought possible; as such we will be hiring 3rd party code auditor to audit our code to ensure we run as smoothly as possible. We would much rather delay a fork than risk any of our investor's privacy or security and fork too early. We also want to reiterate that we have a direct line with Bittrex and they will 100% support our fork. We do appreciate everyone’s patience with this transition into the future of THC; we’re working hard to ensure that we fork as early as possible.
Q: Will Bittrex be supporting the fork? A: We have seen this question come up many times now and the answer is, and will always be, yes. Bittrex is well aware of our plans and they know exactly where we stand regarding the fork date. Bittrex has also asked requested our community stop creating support tickets just to confirm the fork. They have been overwhelmed this week with the same question over and over. The final answer here is yes, Bittrex will be supporting the fork and we are in constant contact with them to ensure everything is going as planned.
Q: Will purchases with a credit card to HempPay count as cash advances? A: We are still in the middle stages of building HempPay and finalizing the format for operation and contractual agreements. We intend to partner with exchanges and use their API to make the purchases, so buying THC through our app will have the same effect as using your card to purchase straight from an exchange. Please note that HempPay is still in development so exact details may be subject to change.
Q: What is the cost for a masternode? Some say 10,000 others say 20,000 THC is required. A: To run a masternode, 20,000 THC will be required. We do acknowledge that during our transition, we had originally stated 20,000 and then our team announced 10,000 THC will be required. We have since readjusted our plan, realizing that the low requirement would sink MN profits and lower incentive. Instead, we returned the requirement to 20,000 THC and increased the node reward by 66%. For more information please check the masternode calculator in the Tools section.
Q: I heard Bittrex may delist THC. What?? A: Short answer: No and not even close. Long answer: This rumour was started over a year ago, it was based on a Bittrex Support post from January 27th, 2017. The only post we appear in is the one mentioned above. You will also see that we only appear due to being listed as a potential for removal, due to a lack of volume as most altcoins saw at that time. You will note the size of the list of altcoins here. We are now in direct communication with Bittrex daily and we unequivocally state that there is no need to worry about us being removed at all.
submitted by zacharyd3 to thehempcoin [link] [comments]

Guide: Getting started with NiceHash

Hello Everyone,
In one of my my previous posts, quite a few people noticed that I had a cryptocurrency miner open on my second monitor and have requested that I create a guide on how to mine cryptocurrencies when their computer is not in use. I am not looking to start a GPU price war or any hatred towards anyone. I just want to share an easy way to get started mining cryptocurrency and allow people to earn a few extra dollars when their PCs are not in use. I am a gamer myself and love having the spare cash to upgrade hardware or a new game every once in a while. I hope this helps everyone who is interested and will do my best to answer any questions.
I am going to outline how to use NiceHash, which is the easiest way to get started. Please keep in mind that this is not the most profitable method to mining at the moment, but will provide a return to most users and is compatible with AMD, Nvidia, and CPU mining. I always suggest to check what you can earn with your current hardware first and also consider the price of electric before getting started. An estimator can be found here: https://www.nicehash.com/profitability-calculator
Before starting, I would like to remind everyone that mining does cause a higher load on your hardware. Due to this the temperatures of your hardware will rise and I suggest that you keep an eye on them. Make sure you know the safe temperature ratings for your hardware, have proper cooling, a power supply that can support your hardware under full load, and that your hardware is clean. Remove any dust or debris before getting started to ensure that your PC is running at its best. Even if you aren't mining, these things should be kept in order.
Getting Started:
  1. Head over to NiceHash.com and in the middle of the page, in the box that says "Sell" click on the green "Download" button.
  2. Download and install the supported miner for your hardware. (Nvidia or AMD)
  3. Head back to NiceHash.com and create an account by clicking on "Register" in the upper right hand corner. You may be given the option to setup an account as a "Buyer" or a "Seller". Since we are selling our compute power for bitcoin, we are "Sellers".
  4. Once your account is created, open up the NiceHash miner on your computer. You should see two windows open, a command prompt which is the miner and a graphical user interface (GUI). In the GUI, you will need to log in to the account you have created so the earnings will be deposited in to your NiceHash account.
  5. Open up your favorite hardware monitoring application (Such as Open Hardware Monitor) so you can monitor temperatures and performance and close out of all other programs except for NiceHash and the hardware monitor. Benchmark your hardware inside the NiceHash GUI. This will test your hardware and allow the application to automatically mine the most profitable crypto algorithm available and help maximize your profit. Also, you can select the hardware you wish to mine with or disable from mining here as well.
  6. Because NiceHash has no fee to deposit your earnings to CoinBase, I am recommending them as the place to deposit and sell your bitcoin earnings. Head over to https://www.coinbase.com/join/597148c1a66a5b0156923d1e (This is my referral link. I would appreciate it if you use it, but if you wish note to, feel free to remove go directly to the site. It doesn't cost you anything or affect your account in any way, but it gives me a small bonus for referring people and I would appreciate it very much.) and create an account. Coinbase will allow you to cash out your bitcoin earnings in to your bank account or keep them for later. We all hope the price rises again, right?!
  7. Go back to your NiceHash account and click on "Wallet" in the top bar. This is where your earnings will be displayed as well as the ability to link with your CoinBase account. When you have mined enough, you can withdraw to your CoinBase account. All of the information should be provided on the websites and should be pretty simple to follow. If you have any questions regarding these sites, please ask!
  8. Close out of all your open programs except for NiceHash and your hardware monitor, then click the green "Start" button. This will start mining and you will see output in the command prompt such as your hash rate and the algorithm that NiceHash is mining. It will also display your account balance, your daily estimated earnings, and other information. You may notice that your computer is sluggish or not responding as quickly as normal due to it being under load.
  9. ???
  10. PROFIT!!!
I hope you all find this useful and that you can earn a few extra bucks by mining. Whether it be a free coffee, a new game, or just the ability to get in on the bitcoin gold rush, I hope this helps everyone who is interested and gets a few people started. If you have any questions please ask. I will try to stay up to date on this post and edit it with the most frequently asked questions.
submitted by EatMyPoopiePies to cryptomining [link] [comments]

Monero FAQ

Hi, it’s some weeks that I’m getting into Monero and I really see a great future for it. My problem is that I have a very low budget so my mining capability is a joke (around 80 h/s). I cannot help this coin to grow by mining it, so I’m making this FAQ hoping that can be useful for new users. If you want to support me, the tip jar is at the end of this post. Thank you!
 
I noticed a lot of confusion around Monero. Many of the most asked question are basically the same , so I collected some of them from /monero, /moneromining and monero.stackexchange and I made this Monero Faq. Please feel free to suggest any new frequently asked question or correction/modification/ (also about the grammar, my english is not very good), i’d like to keep this post updated.
 
Last update: 1/03/2017
 
 

Where can I find a good mining pool?

 

Is Minergate good for mining?

Minergate is known for being linked to Bytecoin (read here and here ) and many users are noticing lower or differences in hashrates when using other miners (just make a research using the word “minergate” here on reddit). don’t be fooled by the nice graphical interface.
 

What miner should I use?

CPU: XMR-Stak (Windows-Linux) CpuMiner by tpruvot (Windows, Linux), CpuMiner By Wolf, xmr-stak (MacOS) and cpuminer(MacOS) By correcthorse
GPU: XMR-stak (AMD), Ccminer (nVidia) by KlausT, Claymore's CryptoNote GPU Miner (AMD)
If you are a Windows user read this
 

Does it worth to mine monero?

You can check by yourself using these tools:
XMBTC charts:
 

How can I calculate my CPU or GPU capability of mining?

Check this link for CPU & GPU Benchmark
 

Can I use a proxy for mining?

I personally use XMR Proxy. If you want to monitor your rigs you can use Monero Mining Monitor
 

How can I setup a local wallet without running a node?

How to get a wallet without running a node
 

Can I run monero through Tor?

Guide to use monero with Tor correctly
Monero safety through Tor
 

or i2p?

Why we chose i2p over Tor
 

What type of wallet exists?

 

How long take to sync to the blockchain?

It can take from few hours (using SSD drive) or even 24 hours, depending on hard drive and connection speed
 

How do I generate a QR-code for a Monero address?

How do I generate a QR code for a Monero address
Moneroqrcode.com for a personalized code
 

How can I buy some Monero coins?

Directly:
exchanges:
 

How do I use the Monero GUI?

Tutorial
 

How do I connect to a remote node using the GUI?

Connect GUI wallet to remote node on network
 

Where can I follow updates and/or make questions about Monero?

 

More useful links:

 
My address for donations: 48DYna5JiDrHz5xkcoSii4WzFNXLzCFjkPPugp7XNZ1N6v8NUhjaC6Sf1BEBEJ35JaJAYKK4XGc2ZEKGeEQ2ySDmFDZdAHy
submitted by ErCiccione to Monero [link] [comments]

Getting Started with Bytecoin: A Beginner’s Guide

In this post, I discuss exactly what you need to start exploring cryptocurrency, particularly Bytecoin. It took me several days to learn this information through trial and error. Using information in this post, however, you should be able to start using cryptocurrency in less than a day. Specifically, I will discuss three things you must do to started, namely:
  1. Downloading a compatible wallet;
  2. Creating a .wallet file and syncing the wallet with the blockchain; and
  3. Getting Bytecoin by mining for it or purchasing it from someone who already has it.
In all honesty, these are the very basics of cryptocurrency, and you can apply the steps to almost any other currency, including Bitcoin. Similarly, I could write an entire post on how to configure your computer, so you reap the most amount of profits on Bytecoin UK, for example, but that is just beyond the scope of this post.
If, however, you find this post helpful, please donate BCN here: 21DUzLdrRHuX9A1d8P2NMSZFAo8XETxybEYjAhV3RdcmYePkCmjM9hoEVhPFQB4MofSeJPdjHhJSJRWjiBTyrY132LnDJT2
------------------------------------------------------Getting a Wallet----------------------------------------
The most secure way to store your Bytecoin is by installing a wallet, which is nothing more than a program that allows you to send and receive Bytecoin as well as mine for Bytecoin, on your laptop or desktop.
The best way to acquire the wallet is to visit the developer of Bytecoin’s website (i.e., https://bytecoin.org/downloads) and download it. Since Bytecoin is constantly being improved, I would recommend that you download the Beta version of the desktop wallet. Having just installed it myself, I know it's working just fine.
Once you download it, you will want to install it, and at this point, your anti-virus software may flag it as a virus, but it isn’t. It is 100% safe.
Next, you’ll want to create your wallet, which will require you to set a password. At the top of your wallet, click wallet and then create wallet, which should prompt you to enter a password. In creating a wallet, you'll notice that your wallet creates a .wallet file; you will want to save this somewhere safe, since it contains all of the information about your wallet. In other words, this is the file you can open to view your account.
As soon as you create the wallet, your wallet will begin synchronizing with the blockchain, which is a ledger of all of the transactions that have taken place with Bytecoin.
Depending on how fast your internet connect is, this process will take approximately 3 to 8 hours to complete, and it will take up a lot of your computer's resources, particularly its hard drive. This is completely normal, and once you go through this, you won’t have to do it again.
As soon as your wallet synchronizes with the blockchain, you will be ready to start sending and receiving Bytecoin. Similarly, if you do not sync your wallet with the blockchain, you will not able to send or receive Bytecoin!
Your Bytecoin address, which is the address at which you can receive funds from other people, is the long string of random characters toward the top of your wallet. If you click on it, it will automatically be copied to your clipboard.
Now, you’re ready to start sending and receiving Bytecoin and as well as mining for Bytecoin.
------------------------------------------------Acquiring Bytecoin--------------------------------------------
While there are several ways to acquire Bytecoin, I will discuss the two most reliable methods here. In essence, you can either use your computer to mine for Bytecoin, or you can purchase Bytecoin directly from someone who has Bytecoin already.
-------------------------------------------MinerGate---------------------------------------------------------
As for using your computer to mine for Bytecoin, I would recommend creating an account on MinerGate.com and downloading its mining software. As was the case for your Bytecoin wallet, your anti-virus may recognize the software as a virus, but it’s not.
Once you load the software, you simply put in same e-mail address you used to create the account on MinerGate.com and start mining.
As far as CPU mining goes, you will want to use less CPU power than you computer currently has available. For example, my processor has six cores, so I typically only use 5 cores to mine. If you only have a dual-core processor, I would recommend you only use one of the cores to mine. Otherwise, you can cause your machine to overheat.
To monitor my system, including its core and GPU temperature, I use Open Hardware Monitor (i.e., http://openhardwaremonitor.org/)
As soon as you mine 100 Bytecoins, you can then transfer them directly to your wallet. Note: If you are only using a limited amount of your computer’s resources, this can take as long as one month, and there are calculators on MinerGate.com that will help you determine how long it should take.
--------------------------------------------------Bytecoin UK------------------------------------------------
If you want to start earning Bytecoin within a few hours, you can also mine on the Bytecoin UK pool (i.e., https://bytecoin.uk/#getting_started).
On its website, you can download a miner that has a Graphical User Interface (GUI) and see the commands you need to use other mining software. For example, I use Claymore's CPU miner, so I enter the following commands in command prompt:
NsCpuCNMiner64 -o stratum+tcp://bytecoin.uk:3333 -u YOUR_WALLET_ADDRESS -p x
By entering your wallet ID on its website, you can check your mining statistics and payment history. In addition, you can also configure it so that you will receive payouts for every 5 BCN you mine. Note: MinerGate requires you to mine 100 BCN before you can transfer the BCN to your wallet, whereas Bytecoin UK only requires you to mine 5 BCN for a payout.
----------------------------------------------------------eBay-----------------------------------------------
If you don’t want to use your computer’s resources to mine Bytecoin, you can also purchase it directly from a seller.
In my experience, the most reliable way to buy Bytecoin is through eBay. There, you simply purchase Bytecoin from a seller who usually lists the methods by which he or she is willing to accept payment in the description of the post.
Typically, a seller will ask you to send your payment, as well as your Bytecoin address, to them via a message on PayPal.
As long as you send small amounts, your risk of being scammed is minimal, and personally, I have never been scammed this way.
So that’s it. Now, you’re ready to start using Bytecoin!
If you found this post helpful, please donate BCN here: 21DUzLdrRHuX9A1d8P2NMSZFAo8XETxybEYjAhV3RdcmYePkCmjM9hoEVhPFQB4MofSeJPdjHhJSJRWjiBTyrY132LnDJT2
submitted by Wolgadeutsch to BytecoinBCN [link] [comments]

Updated FAQs for newcomers

TL:DR: Don't bother mining if you want to get rich yo. You're way too late to the party.
Welcome to the exciting and often stressful world of bitcoin! You are wondering what looks like a once in a lifetime opportunity to get rich quick. Of course you guys probably heard about this "mining" process but what is this?
Simply put, a bitcoin mining machine that performs complicated calculations and when deemed correct by the network, receives a block which contains 25 bitcoins (XBT). This is how bitcoins are generated. So your brain instantly thinks, "Holy shit, how can I get on this gold rush?"
Before you proceed further, I would like to explain the concept of mining further. Bitcoin is limited 21m in circulation. It is coded to release a certain number of blocks at a certain time frame, ie: this year the network will release close to 500,000 bitcoins. What this means is that the more people (or specifically the amount of mining power) mine, the less each person gets. The network tries to keep to this time frame through the process of difficulty adjustments which makes the calculations harder and this happens every 2 weeks. So every 2 weeks, you get less bitcoins with the same hash rate (mining power) based on what the difficulty changes are. Recently, the changes have been pretty staggering, jumping 226% in 2 months. You can see the difficulty changes here.
Now, why are these changes so large?
A bit of a simple history. Bitcoin's algorithm runs on SHA-256. This algorithm can be solved using many hardware, from CPU to GPU and dedicated hardware (Application Specific Integrated Circuits). When bitcoin first started, mining on CPU was a trivial process, you can pretty much earn 50 XBT (the block size then) every few hours between Q1 and Q2 of 2010.
In late 2010, due to the difficulty increase that is reducing the effectiveness of CPU mining, people started to harness GPU mining. Only AMD GPU's architecture design are better optimized for bitcoin mining so this is what the community used. Immediate improvements of more than 10x was not uncommon.
In time of course, GPUs reached their limit and people started to build dedicated. In the same vein as the CPU to GPU transition, similar performance increase was common. These ASICs can only perform SHA-256 calculation so they can be highly optimized. Their performance mainly depends on the die size of the chips exactly like CPU chips.
In general, think of bitcoin mining's technological advancement no different to mining gold. Gold panning (CPUs) vs pickaxes (GPUs) vs machinery (ASICs) and we are still in the ASIC mining race.
ASIC mining started with ASICMiner and Avalon being first to the market, both producing 130nm and 110nm chips. The technology are antiquated in comparison to CPUs and GPUs which are now 22nm with 14nm slated for Q1 next year by Intel but they are cheap to manufacture and with performance gains similar to the CPU to GPU transition, they were highly successful and popular for early adopters. At that point in time since there were less competing manufacturers and the low batch runs of their products, miners became really rich due to the slow increase in difficulty.
The good days came to an end mid August with an unprecedented 35% increase in difficulty. This is due to existing manufacturers selling more hardware and many other players coming onto the market with better hardware (smaller die). Since die shrinking knowledge and manufacturing process are well known along with a large technological gap (110nm vs 22nm), you get an arms race. Current ASIC makers are closing in on our technological limit and until everyone catches up, the difficulty jumps will be high because it is just too easy to get a performance increase. Most newer products run at 28nm and most chips are not well optimized, so it will be around another 6 to 9 months before we see hit a hard plateau with 22nm or 14nm chips. The estimated time frame is because manufacturing chips at 22nm or 14nm is a more difficult and expensive task. In the meantime most manufacturers will probably settle at 28nm and we will reach a soft plateau in about 3 months.
Now, you might ask these questions and should have them answered and if you have not thought about them at all, then you probably should not touch bitcoin until you understand cause you are highly unprepared and probably lose lots of money.
No. If you have to ask, please do not touch bitcoin yet. You will spend more on electricity cost than mining any substantial bitcoin. Seriously. At all. A 7990 would produce a pitiful 0.02879 XBT (USD $14 @ $500/XBT exchange rate) for the next 30 days starting 23 Nov 2013 at 35% difficulty increase.
And if you think you can mine on your laptop either on a CPU or GPU, you are probably going to melt it before you even get 0.01 XBT.
Probably not because you probably forgot that GPUs and CPUs produce a ton of heat and noise. You can try but I see no point earning < $20 bucks per month.
No, because your machine will probably not mine as much as buying bitcoins. This situation is called the opportunity cost. While you can still make money if XBT rise in value, it is a fallacy.
IE: if you start mining on 1 Dec 2013, a KnC Jupiter running at 450Gh/sec (KnC lies as not all chips run at 550Gh/sec) will yield you a total revenue of 9.5189 XBT with a profit of 0.7859 XBT in profit by 30th Jan 2014 at a constant difficulty increase of 35%. The opportunity cost is: 8.5910 XBT @ USD $580/XBT with USD $5,000 which is the cost of a KnC Jupiter. This is the best you can earn and it's a bloody optimistic assumption because:
The only circumstances where you will earn money is when XBT exchange rates is so high that it makes the opportunity cost pales in comparison. Unfortunately this is not the case. If XBT stabilized at 900/XBT today (20 Nov 2013) then we might have a good case.
The risk is just generally not worth it. Unless you have at least a hundred thousand and can make a contract with a manufacturer for a lower cost, do not bother. Just wait until the arms race is over then you can start mining.
Okay, go buy an AsicMiner USB Block Erupter. They are cheap and pretty fun to have.
Sure, just read the answer below on who NOT to go for. You are doing bitcoin a service by securing the network and you have our (the users') gratitude.
You can check out the manufacturers and their products below along with a calculator here.
If you still insist on buying, do not to go for BFL. Their track record is horrid and borderline scammish. KnC fucked up a lot with defective boards and chips. Personally, I think CoinTerra is the best choice.
Alternatively, you can go on the secondary market to buy a delivered product. You can get a better deal there if you know how to do your "return on investment (ROI)" calculation. Personally, I will go for a 45%-50% difficulty increase for the next 3 months for my calculations and a 2% pool fee.
However, most products on ebay are sold at a cost much higher than it should. bitcointalk.org is a cheaper place because everyone knows what are the true value is so you will find less options. If you are unclear or need assistance, please post a question.
I actually do not use any of the pools recommended to the left because I think they lack features.
My favourite is Bitminter (Variable fees based on features used; max 2%). It has all advanced features for a pool, very responsive and helpful owner on IRC. Variable fees is good for those who do not need a large feature set, even with all features turned on, it is still cheap.
Eligius (0% fees) has high value for money but lacks features. It has anonymous mining which might be attractive to certain subset of people but not for others. Many other community member and I disagree highly with the opinions of the owner on the direction of bitcoin. I do use his pool for now but I do so only because I share my miners with a few partners and anonymous mining allows us to monitor the machines without using an account. Bitminter uses only OpenID which is problematic for me.
BTC Guild (3% fees) is another big pool and is fully featured and does charge a premium for their fees. That said, they are the most stable of the lot. I do use them but do so only because my hoster uses them for monitoring. I try not to use them because a pool with a very large hash rate (they are the largest) presents a large vulnerability to bitcoin's network if compromised.
All of them pay out transaction fees.
submitted by Coz131 to BitcoinMining [link] [comments]

[USA-WA] [H] Intel i7-6700k, Gigabyte Z170X-UD5, Gigabyte Gaming G1 980ti, Corsair Dominator Platinum DDR4 Ram 3200Ghz 16GB, (3) 140mm Thermaltake RGB Fans, Corsiar AF120 Fans, Dell UltraWide Monitor 34", Bitmain Antminer L3+ With APW3++ Power Supply [W] Paypal, Escrow, Local Cash

Feel free to ask about pricing and bundle deals. Shipping will be calculated on top of the negotiated price for the item and split so I cover half and you cover half.
Type Item Description Price
Processor Intel i7-6700k Works perfectly, never overclocked, used a AIO liquid cooler to keep it nice and cold. $220
Motherboard Gigabyte GA-Z170X-UD5 (rev. 1.0) Motherboard has been running great for me, I have had no issues with it or any problems with anything not working. Comes with some documentation, IO shield. Some other random accessories in the photo. $85
RAM Corsiar Dominator Platinum 16GB (4 x 4GB) DDR4 DRAM 3200MHz C16 Memory Memory ran its XMP profile set in the motherboard, never overclocked. $150 Sold to ZeGentleman
GPU Gigabyte Gaming G1 980ti GV-N98TG1 GAMING-6GD Ran my games at high resolution, never overclocked. $400 Sold to Silentwidow
CPU Cooler AIO Corsiar H100i V2 Kept my CPU nice and cool. No problems, no leaks. No original packaging. $45 Sold to FourzerotwoFAILS
Monitor Dell 34" Ultrawide Gaming Monitor U3415W Looks amazing, no dead pixels. SHIPPING WILL BE EXPENSIVE - PREFER LOCAL $390
Case Fan Corsair AF120 Set of 2 120mm quiet airflow fans. Never installed opened package. $10 Sold to YESimtaco
Case Fan Thermaltake 140mm RGB Riing Three fans that came installed on my new case but never used. Comes with smart fan controller. Price is for all three or make offer for singles. $75
Crypto Mining Hardware Bitmain Antminer L3+ with APW3++ Power Supply New and never opened, still sealed from the manufacturer. Litecoin/Scrypt mining ASIC hardware. 2 sets available price is per set. One set available. Sold one locally. $1600 Price Lowered to $1500
submitted by viperean to hardwareswap [link] [comments]

I want to get into "hobby"-mining. Questions about which GPU to buy! (Also, I am a Gamer and YouTuber!)

Good day everyone!
My old AMD HD 7970 broke some weeks ago and I intend to get into mining. But not 24/7, just for the fun of it. I do not view the price of the Graphics Card as a cost I have to calculate, because:
  1. I need a GPU to play games
  2. I have a active YT channel with over 2m views and 5k subs, and I need a good GPU to record and grow!
So if I do not use the GPU (which will be around 80% of the entire day) I will leave it on and mine.
Why? I am doing this because I want to support the decentralized network. I would not mine Bitcoin because huge ASICs are killing the idea of everyone mining individually. My support is little, but I like it.
So because I want to play games as well, I have to eliminate certain options. E.g. given the GPU's have to be the same and support SLI.
I have these GPUs in mind:
Arguably I need nothing more than one good GPU, so the SLI-Setup would indeed cost me extra money. But hey - I will have more FPS and in the future I planned to make a 3-Monitor setup to play games. So it does not matter!
I need more information about the performance of these GPU's. Any advice would be appreciated!
EDIT: Like how are the differences between the mining performance of these cards? I read somewhere that GDDR5X is not so good for mining, for example. All of these cards are enough for my (current) needs, and will also probably be for a long time. But as a gamer - you can never complain about more FPS!
submitted by SacredGuardianSS to gpumining [link] [comments]

Crypto Gui Miner - official thread and support

This is the official thread for support and development of CryptoGuiMiner! Please any suggest, criticize and praise.
I see that there are a lot of questions and different answers on forums on the subject of mining cryptocurrencies. So now… which cryptocurrency should you be mining and how? For beginners and people with no knowledge of cryptocurrencies, the biggest issue are the very basics like adjusting the settings which can be complicated and hard to figure out. If you want to start mining, it must be way more complicated than just a few clicks! Or is it? So you don’t have to bother, lose time or God forbid adjust something wrongly, there is an interesting piece of software that helps you and does everything automatically for you. I’m writing this because I myself am using this software and can confirm that it is definitely the best solution for everyone who is new in the world of cryptocurrency mining.
The program is called Crypto Gui Miner and it you can download it from https://cryptoguiminer.com/ (Crypto Gui Miner | Free Easy GPU Mining Software Application)
The main thing which makes this program so special and what sets it apart from the others is the simplicity and automatic set-up function. There is even a calculator on their website that will calculate which cryptocurrency is the most profitable to mine, depending on the graphics cards that you use.
When you run the program, it will automatically recognize the graphics cards that you are using and adjust the settings so that it mines the cryptocurrency that is the most profitable. You also have a nice and clear display of temperature and other useful data such as hashrates, estimated monthly earnings in US dollars or Bitcoin, monitoring for tracking results via mobile phone, etc. All you have to do is insert your wallet address so you can dafely save the currency you are mining directly into your wallet (and it is saved automatically). The best place for creating your wallet is the official website of the cryptocurrency that you wish to start mining. Of course, you always have control over what and when you will be mining.
You can also enter more than one wallet into the program, so the program will mine the currency that is the most profitable at that time. However, if you only wish to mine one cryptocurrency, then just click on the button “Force” and the chosen cryptocurrency will be mined regardless of the others.
In short, don’t focus on mining Bitcoin, Litecoin, Ethereum or other currencies that are difficult to mine and you need hardware of 100+ thousands of EUR. Focus on currencies that can quickly be mined and monetized, converted into cash or for buying other cryptocurrrencies or if you plan to invest them in the long run. Just download the program, choose one or more currencies for mining, insert your wallet and that is it. No complicated settings, losing time, uncertainties etc.
Currently availible GPU (version v1.4 ):
GTX 1080 TI GTX 1080 GTX 1070 TI GTX 1070 GTX 1060 GTX 1050 TI TITAN X GTX 980 TI GTX 980 GTX 970 GTX 960 GTX 780 GTX 750 TI Vega 64 Vega 56 RX 580 RX 570 RX 480 RX 470 R9 390 R9 380 R9 280X R9 200
Currently availible Coin/Algo ( version v1.4 ):
Ferrum Coin (skein) Ravencoin (x16r) Virtus (tribus) MkT Coin (x17) Argo (skein) Curve Coin (skein) Luxcoin (phi) Verge (x17) Desire (neoscrypt) Garlicoin (allium) BitcoinZ (equihash) Infinex (lyra2z) Taler (lyra2z) Absolute Coin (lyra2rev2) Orbitcoin (neoscrypt) Solaris (xevan) Bulwark (nist5) Verge (lyra2rev2) Mona Coin (lyra2rev2) Zencash (equihash) DigiByte (skein) Nihilo Coin (neoscrypt) GoByte (neoscrypt) Bitcore (timetravel10) TrezarCoin (neoscrypt) Ethereum Future (nist5) Stipend (c11) Bitcoin Gold (equihash) Zcash (equihash) Innova (neoscrypt) CrowdCoin (neoscrypt) Coin2Fly (neoscrypt) Zclassic (equihash) Phoenixcoin (neoscrypt) Ethereum (ethash) Halcyon (neoscrypt) Vivo (neoscrypt) Denarius (tribus) Elephant Coin (xevan) Feathercoin (neoscrypt) Tune Coin (neoscrypt) Electroneum (crypto-night) Graft (crypto-night) Verge (blake-2s) Lizus (skein) Monero (crypto-night) DinastyCoin (crypto-night) Bash Coin (skein) XHimera (xevan) Lbry (lbry) CropCoin (neoscrypt) Bithold (c11) Folm (phi) Jolt Gas (c11)
Changelog
v 1.0 - initial version
v 1.1 - new feature: email notification when changing minign coin - improved hashrate for some algorithms - improved stability
v 1.2 - added custom mining profile for advanced users, select miner and enter cmd in format -o stratum+tcp://POOL:PORT -u YOUR_WALLET -p x - improved stability
v 1.3 - added support for x16r algo
v 1.4 - notification for pool which don't support profit check api - improved stability
submitted by cryptoguiminer to gpumining [link] [comments]

Crypto Mining with Crypto GUI Miner app

This is the official thread for support and development of CryptoGuiMiner! Please any suggest, criticize and praise.
I see that there are a lot of questions and different answers on forums on the subject of mining cryptocurrencies. So now… which cryptocurrency should you be mining and how? For beginners and people with no knowledge of cryptocurrencies, the biggest issue are the very basics like adjusting the settings which can be complicated and hard to figure out. If you want to start mining, it must be way more complicated than just a few clicks! Or is it? So you don’t have to bother, lose time or God forbid adjust something wrongly, there is an interesting piece of software that helps you and does everything automatically for you. I’m writing this because I myself am using this software and can confirm that it is definitely the best solution for everyone who is new in the world of cryptocurrency mining.
The program is called Crypto Gui Miner and it you can download it from https://cryptoguiminer.com/
The main thing which makes this program so special and what sets it apart from the others is the simplicity and automatic set-up function. There is even a calculator on their website that will calculate which cryptocurrency is the most profitable to mine, depending on the graphics cards that you use.
When you run the program, it will automatically recognize the graphics cards that you are using and adjust the settings so that it mines the cryptocurrency that is the most profitable. You also have a nice and clear display of temperature and other useful data such as hashrates, estimated monthly earnings in US dollars or Bitcoin, monitoring for tracking results via mobile phone, etc. All you have to do is insert your wallet address so you can dafely save the currency you are mining directly into your wallet (and it is saved automatically). The best place for creating your wallet is the official website of the cryptocurrency that you wish to start mining. Of course, you always have control over what and when you will be mining.
You can also enter more than one wallet into the program, so the program will mine the currency that is the most profitable at that time. However, if you only wish to mine one cryptocurrency, then just click on the button “Force” and the chosen cryptocurrency will be mined regardless of the others.
In short, don’t focus on mining Bitcoin, Litecoin, Ethereum or other currencies that are difficult to mine and you need hardware of 100+ thousands of EUR. Focus on currencies that can quickly be mined and monetized, converted into cash or for buying other cryptocurrrencies or if you plan to invest them in the long run. Just download the program, choose one or more currencies for mining, insert your wallet and that is it. No complicated settings, losing time, uncertainties etc.
Currently availible GPU (version v1.4 ):
GTX 1080 TI GTX 1080 GTX 1070 TI GTX 1070 GTX 1060 GTX 1050 TI TITAN X GTX 980 TI GTX 980 GTX 970 GTX 960 GTX 780 GTX 750 TI Vega 64 Vega 56 RX 580 RX 570 RX 480 RX 470 R9 390 R9 380 R9 280X R9 200
Currently availible Coin/Algo ( version v1.4 ):
Ferrum Coin (skein) Ravencoin (x16r) Virtus (tribus) MkT Coin (x17) Argo (skein) Curve Coin (skein) Luxcoin (phi) Verge (x17) Desire (neoscrypt) Garlicoin (allium) BitcoinZ (equihash) Infinex (lyra2z) Taler (lyra2z) Absolute Coin (lyra2rev2) Orbitcoin (neoscrypt) Solaris (xevan) Bulwark (nist5) Verge (lyra2rev2) Mona Coin (lyra2rev2) Zencash (equihash) DigiByte (skein) Nihilo Coin (neoscrypt) GoByte (neoscrypt) Bitcore (timetravel10) TrezarCoin (neoscrypt) Ethereum Future (nist5) Stipend (c11) Bitcoin Gold (equihash) Zcash (equihash) Innova (neoscrypt) CrowdCoin (neoscrypt) Coin2Fly (neoscrypt) Zclassic (equihash) Phoenixcoin (neoscrypt) Ethereum (ethash) Halcyon (neoscrypt) Vivo (neoscrypt) Denarius (tribus) Elephant Coin (xevan) Feathercoin (neoscrypt) Tune Coin (neoscrypt) Electroneum (crypto-night) Graft (crypto-night) Verge (blake-2s) Lizus (skein) Monero (crypto-night) DinastyCoin (crypto-night) Bash Coin (skein) XHimera (xevan) Lbry (lbry) CropCoin (neoscrypt) Bithold (c11) Folm (phi) Jolt Gas (c11)
Changelog
v 1.0 - initial version
v 1.1 - new feature: email notification when changing minign coin - improved hashrate for some algorithms - improved stability
v 1.2 - added custom mining profile for advanced users, select miner and enter cmd in format -o stratum+tcp://POOL:PORT -u YOUR_WALLET -p x - improved stability
v 1.3 - added support for x16r algo
v 1.4 - notification for pool which don't support profit check api - improved stability
submitted by cryptoguiminer to cryptomining [link] [comments]

EtherMining with CryptoGUIMiner

This is the official thread for support and development of CryptoGuiMiner! Please any suggest, criticize and praise.
I see that there are a lot of questions and different answers on forums on the subject of mining cryptocurrencies. So now… which cryptocurrency should you be mining and how? For beginners and people with no knowledge of cryptocurrencies, the biggest issue are the very basics like adjusting the settings which can be complicated and hard to figure out. If you want to start mining, it must be way more complicated than just a few clicks! Or is it? So you don’t have to bother, lose time or God forbid adjust something wrongly, there is an interesting piece of software that helps you and does everything automatically for you. I’m writing this because I myself am using this software and can confirm that it is definitely the best solution for everyone who is new in the world of cryptocurrency mining.
The program is called Crypto Gui Miner and it you can download it from https://cryptoguiminer.com/
The main thing which makes this program so special and what sets it apart from the others is the simplicity and automatic set-up function. There is even a calculator on their website that will calculate which cryptocurrency is the most profitable to mine, depending on the graphics cards that you use.
When you run the program, it will automatically recognize the graphics cards that you are using and adjust the settings so that it mines the cryptocurrency that is the most profitable. You also have a nice and clear display of temperature and other useful data such as hashrates, estimated monthly earnings in US dollars or Bitcoin, monitoring for tracking results via mobile phone, etc. All you have to do is insert your wallet address so you can dafely save the currency you are mining directly into your wallet (and it is saved automatically). The best place for creating your wallet is the official website of the cryptocurrency that you wish to start mining. Of course, you always have control over what and when you will be mining.
You can also enter more than one wallet into the program, so the program will mine the currency that is the most profitable at that time. However, if you only wish to mine one cryptocurrency, then just click on the button “Force” and the chosen cryptocurrency will be mined regardless of the others.
In short, don’t focus on mining Bitcoin, Litecoin, Ethereum or other currencies that are difficult to mine and you need hardware of 100+ thousands of EUR. Focus on currencies that can quickly be mined and monetized, converted into cash or for buying other cryptocurrrencies or if you plan to invest them in the long run. Just download the program, choose one or more currencies for mining, insert your wallet and that is it. No complicated settings, losing time, uncertainties etc.
Currently availible GPU (version v1.4 ):
GTX 1080 TI GTX 1080 GTX 1070 TI GTX 1070 GTX 1060 GTX 1050 TI TITAN X GTX 980 TI GTX 980 GTX 970 GTX 960 GTX 780 GTX 750 TI Vega 64 Vega 56 RX 580 RX 570 RX 480 RX 470 R9 390 R9 380 R9 280X R9 200
Currently availible Coin/Algo ( version v1.4 ):
Ferrum Coin (skein) Ravencoin (x16r) Virtus (tribus) MkT Coin (x17) Argo (skein) Curve Coin (skein) Luxcoin (phi) Verge (x17) Desire (neoscrypt) Garlicoin (allium) BitcoinZ (equihash) Infinex (lyra2z) Taler (lyra2z) Absolute Coin (lyra2rev2) Orbitcoin (neoscrypt) Solaris (xevan) Bulwark (nist5) Verge (lyra2rev2) Mona Coin (lyra2rev2) Zencash (equihash) DigiByte (skein) Nihilo Coin (neoscrypt) GoByte (neoscrypt) Bitcore (timetravel10) TrezarCoin (neoscrypt) Ethereum Future (nist5) Stipend (c11) Bitcoin Gold (equihash) Zcash (equihash) Innova (neoscrypt) CrowdCoin (neoscrypt) Coin2Fly (neoscrypt) Zclassic (equihash) Phoenixcoin (neoscrypt) Ethereum (ethash) Halcyon (neoscrypt) Vivo (neoscrypt) Denarius (tribus) Elephant Coin (xevan) Feathercoin (neoscrypt) Tune Coin (neoscrypt) Electroneum (crypto-night) Graft (crypto-night) Verge (blake-2s) Lizus (skein) Monero (crypto-night) DinastyCoin (crypto-night) Bash Coin (skein) XHimera (xevan) Lbry (lbry) CropCoin (neoscrypt) Bithold (c11) Folm (phi) Jolt Gas (c11)
Changelog
v 1.0 - initial version
v 1.1 - new feature: email notification when changing minign coin - improved hashrate for some algorithms - improved stability
v 1.2 - added custom mining profile for advanced users, select miner and enter cmd in format -o stratum+tcp://POOL:PORT -u YOUR_WALLET -p x - improved stability
v 1.3 - added support for x16r algo
v 1.4 - notification for pool which don't support profit check api - improved stability
submitted by cryptoguiminer to EtherMining [link] [comments]

How can a GPU be used for crypto-currency mining?

I was reading this post about how "Bitcoin mania is hurting PC gamers by pushing up GPU prices". It's hard for me to imagine how a GPU can be used for that.
I understand that crypto-currency mining consists of running multiple calculations in order to resolve a complicated formula. OK, I see how a CPU can do that.
A Graphics Processing Unit (short: GPU) is a RISC processor whose task is the calculation of graphical output for monitors. It is mostly used in computers and video game systems. The GPU can be put on the motherboard or on separate video cards.
How can you strip the GPU from its "graphical nature" and use it for other calculations? And what is its advantage over a GPU? And for that matter: if it's somehow "better", why aren't CPU's replaced by GPU's?
submitted by Kavec to NoStupidQuestions [link] [comments]

IBM 2880W PSU/Breakout Boards - *NEW* Package deals for T9/S9 & A7

Please see here for IBM 4K PSU packages: https://bitcointalk.org/index.php?topic=1308296
Please see here for GPU rig powering packages with all adapters necessary to run rigs off these PSU's! https://bitcointalk.org/index.php?topic=1864539
NEW - PACKAGE DEALS
The "Get Me Going" Package
(Tell the wife her dryer now runs on 12V and has blinking lights and loud fans) Simply add a C19 cable. - 1x 2880W PSU - 1x Breakout board - 10x 24" PCIe cables
The "Double A (AntmineAvalon)" Package
Enough to power 2x Antminer S9's for as cheap as possible - 1x 2880W PSU - 1x Breakout board - 20x 24" PCIe cables - 1x C19 power cable of choice (see below for stock)
The "Royale With Cheese" Package
(Perfect to run 2x Antminer S9's, mixing and matching lengths for flexibility and value.) - 1x 2880W PSU - 1x Breakout board - 11x 24" PCIe cables - 11x 36" Deluxe PCIe cables - 1x C19 power cable of choice (see below for stock)
The "Pimp Daddy" Package (Add a 50A circuit and go big, with PDU included for clean, simple & safe install) - 3x 2880W PSU - 3x Breakout boards - 1x 40A 4-port PDU with breakers for each circuit - 30x 24" PCIe cables - 30x 36" Deluxe PCIe cables - 3x C19 power cables of choice (see below for stock)
Boards and cables ship from Canada, PSU's ship domestically in the US to save on shipping and any potential duty/taxes at the border.
Individual pricing Note: Bulk pricing is available, please contact me.
Board price - $65 each.
PSU (Refurbished) - IN STOCK. Includes ground shipping within the US.
I can supply PCI cables in two different configurations:
-36" Deluxe, high quality 16awg made in USA- $4.50 each (IN STOCK)
-24" standard 16 AWG cables - $2.50 each (IN STOCK)
C19 to C20 cable (14awg, 1.6M) - $12 each
C19 to NEMA 5-15P cable (14awg, 1.6M) - $12 each
C19 to NEMA 6-20P (12awg, 1.6M) - $12 each
40A continuous-rated PDU (requires 50A circuit): $120
24A continuous-rated PDU (requires 30A circuit): $60
60A 3-Phase Delta current-monitored PDU with remote access: $350
LEASING CONTRACTS
I have started to offer leasing packages for use in approved Data Centre/Co-locations. This can be beneficial for many reasons:
-Less upfront capital required, allowing more to be spent on additional mining hardware which can offset much or all of the cost of the lease
-Limits risk and cost of equipment failure, and associated down time due to failures
-Saves shipping costs for heavy PSU's to and from hosting location for duration of your contract
-No equipment depreciation
-Helps eliminate ownership problems associated with Group Buys, when more than 1 member shares purchase price of PSU to host together
-All maintenance, replacement, shipping, setup, and lost revenue from down-time due to PSU failure is my responsibility
Please contact me for details.
Shipping
Shipping will be calculated individually, to make sure you are getting the best rate. All prices are in USD. I am willing to accept escrow through OGNasty, and can also do Paypal but buyer will be responsible for covering costs of either services (4% added to paypal, OG charges 1% for escrow).
Each package of PSU, breakout board & 10x PCI cables is approximately 16 lbs.
The BTC address for all non-escrow breakout board orders is here: 1GWQYCv22cAikgTgT1zFuAmsJ9fFqq9TXf I will not PM you asking for payments to any other address, so beware of F1nksy, Fink5y, or whatever scammy names might pop up.
Original Post:
Hi everyone,
I am the official North American distributor of Break-out boards for the IBM 2880W Bladecenter H PSU's, which are 80+ platinum rated (94%+ efficient) Edit: UN-VERIFIED AT THIS POINT and have provision for 22x PCI-E cables. Unlike other server boards, these don't rely on screw-down terminals and bare wires which can get loose and spark causing fire hazards, and limit the exposure of live contacts to surfaces above and below the PSU. Instead these use a double-sided PCI 6 pin cable, which only cost about $0.10 more than the standard PCI-6 to bare wire versions. Also, unlike the DPS-2000BB -which is the next largest server PSU available for miners- these have fans already built-in, so don't need extra work to set up up and deploy.
The PSU's themselves are available on e-bay and elsewhere (I sell them as well), and the boards will be priced at US $70 $65 each (better pricing for bulk purchase, volume structure will be the same as J4bberwock's). Each PSU can handle 2x Antminer S7's, 3x SP20's, 5 Antminer S5's, or 8 Antminer S3's. You won't find better value for power, and there are very few ATX-based PSU's that provide 80+ platinum efficiency (and none for under $200 for even 700-800 watts). Edit: UN-VERIFIED AT THIS POINT Lastly, unlike ATX-based PSU's, these can be run at (and I have found even over) their rated power, as they were designed that way for server use. They do, however, require 240V input. Also, running these over at over 90% load will give you slightly decreased efficiency, and could affect their reliability.
I have personally taken 3x SP20's to settings around 960 watts (at ports, not at wall) each for approximately 2 weeks, and the PSU drew 13.41 amps (@ 235 volts - 3150 watts @ wall). So at absolute full load (or possibly over), these will still hold over 90% efficiency. Very impressive, and I will be testing different fans to reduce sound for home mining (fans on these PSU's are slightly louder & higher pitched than SP20 fans). Sloopy informed me that he ran 11x Antminer S3's on a PSU for a while (over 3,300W DC!), but that is certainly not recommended, and will eventually cause the PSU to fail. It is simply a testament to how tough these PSU's truly are, and that spikes over their rated output shouldn't affect performance.
Here are some pictures:
Feel free to contact the developer of these boards if you have any concerns, he will verify that I am authorized to sell these. https://bitcointalk.org/index.php?action=profile;u=206446
Here is the spec sheet with efficiency rating: http://www-03.ibm.com/systems/bladecentehardware/chassis/bladeh/
Thank you for your time,
Finksy
J'observe qu'il y a plusieurs Québécois sur se forum. Mon Francais est au niveau primaire mais je peux communiquer sans probleme.
Me gusta mucho aprender español, y tengo un conocimiento muy básico (con traductores). Pruebame, si eres paciente
Here is my PGP key for anyone wishing to send their personal information encrypted:
Code:-----BEGIN PGP PUBLIC KEY BLOCK----- Version: GnuPG v2
mQENBFTl/j4BCADw0a0fUisOWh16Yl1/SC8p2vcGoGgV4MwxeaLSoLRdT2437E51 kd5giYj6Ki8ByNTunXBRr01yXplxL1Pp3yTo/GFmNqEm3XwIaq+rRRP6EIKb3U6Y SWSXfeck8J3+HJXrcCEdBA+Hp+ey8Mjg3/eb1ILMld+WKJPPDCQNKK3GJEp7DLtH Rtybq0BCsXou90KxHr37k0MQJY6u6zsM5yl0gpK5dVqZvIOfX+5MGb2hsfilU2cF 9ZJQt72LCwkdcxgRxBGYT6qVZtOoFe5RwI9nxGGRrlsCxG9vAf9sVUxSiY03najM r7qM8hQPGMtn79SLnkkQM4gt7suy3w1SJm6BABEBAAG0G0ZpbmtzeSA8cmZpbmtz NjlAZ21haWwuY29tPokBOQQTAQIAIwUCVOX+PgIbAwcLCQgHAwIBBhUIAgkKCwQW AgMBAh4BAheAAAoJEGhX1pvgBfqVKDEIAJA7ashSYaVUS/HUKB1F2nYEYtf2PlHn EvluHzsrND0XdMkKEI/vavZ4UHfAdFISmFhickLeLwvSI3TotVDtYd7dDkwT3rIs +QJCXMIRDFnyCge7o9DH4HwSWq8tQ+6xsPXBdJANR9kG+RtipatqJv3Yt8wEzYwu ECnkBnpu1rxhMgYGJhgaVNyhAEPKVUPfsFBTEpkQ9YppPFZp99Ahdk8pQoAUBKzQ +++oW7ju3OWBpRluPIWYvYvdfG+d29dAq5iQJBIdm/RCDxw0hidMeOxOqTpi0g55 W+XY5+DrKSnOpHy+LvC0Uss0xGZ0f/pmEDiNuZbJ96ZEL1rYefgfDKO5AQ0EVOX+ PgEIALZgnlkXFcm0jnEY33LWBDkpIihbMM8XAauwi3gS9G/GzqBG+ETq14g2AyW9 6O1TrVFm2Ue/KiT+sl4iekkcRCbjYgkr9eG82l56YazbSRoH84aX3KBx95BMAY96 O2IE52fySYaqj1SBRSgVJSCh1A6Wami/zQhqdND6tk92af4VmSKyR1yWOKqbE/v9 0uPJ+VWA/0CipSUVJS6GZmSfPCeHVTg3YGR2dzRploXl4qrB5leHvOmj2VwW2bzF 6YZKut5uqREJ2euchpyPMg8EMC9QOXPAZxDQMUJAIxTQviShsakGbFd2SrUaKPz/ Sk3Qj1S6ZE9ZgbxMyB9bGMWMa68AEQEAAYkBHwQYAQIACQUCVOX+PgIbDAAKCRBo V9ab4AX6lYqnCACPHiLN8OEyD320N107l2dywIopCBa7ZfTBXPJ5syRuMcyBOXXT 2hZy7YpWr6IrV3foOUNF3rD1ECerj7oYhx7hgkTJe7rM3+mhONZM6beXzgFG+HO3 FCiUz/thif0zkJTAjygmAB1KHNH+0AIcdRsD46N1MsPp5YeN0geF1LE50+4gvtwf W412vGqA5bYwJ8a71Gp8SAR4YWuXKt0FKSp7iCF91pSunbY7VbaqxR0H7LkaKRVZ 9m30OK7Osu396FwYxBIX1UDLMjgfMATYvkzXYvRpPAnStJGmVB/YvcX+9sQeRQE1 BKAtkyAGpzKQZ0TFd94jgevGONQ336QqHF =mRrl -----END PGP PUBLIC KEY BLOCK-----
I will honour a 10-day return/exchange for PSU's or Boards that are DOA. However, these PSU's are used and although I try to briefly load test them all before sending them out, it is impossible to predict failures. As such, no warranty will be offered beyond what was previously mentioned. If you are looking for more peace of mind, please feel free to source PSU's yourself either new or used.
BitcoinTalk Link to Contact
submitted by MarketBot to HellsCrypto [link] [comments]

News from the Kryptex Team

Dear friends, we are working hard on fixing bugs and implementing new features, so we don’t always have time to keep you updated 💔. Here is the news of the last week and some plans for the nearest future:
  1. We have added an option to choose mining algorithms in Kryptex v2.1! This version is currently available only for users participating in beta testing.
  2. We’re still experiencing problems with the Equihash mining pool. If you have a GPU which most likely uses this algorithm (e.g., GTX 1070/1080), the following problems might occur: — calculated and actual earnings don’t match; — earnings are occasional, but large; earnings chart consists of rare spikes; — mining restarts from time to time; The problem lies in the fact that our Equihash pool uses a PPLNS reward scheme with a low N. It finds blocks rarely, hence the wide fluctuations. We are very sorry about the situation 😔. We’re working hard on fixing this. We have reached a certain stability level, though it’s not quite satisfactory. A temporary solution (manual selection of other algorithms) is available in the beta version of the desktop app. The complete server-side solution of the problem will take about 1-2 weeks to implement.
  3. Bitcoin network fees have increased significantly, so we had to raise both the minimum payout threshold and the tx fee. The minimum payout now is 0.0006 BTC, and the tx fee is 0.0005 BTC. We hope that this is a temporary measure. Please note that the fee is not taken by us, it is taken by the Bitcoin network, and we are keeping the tx fee is low as possible. We are considering adding altcoin withdrawals if BTC fees won’t go down.
  4. Several days there was a bug due to which actual tx fees could be higher than stated on the site. By the end of week we will reimburse all affected users.
  5. We have noticed an increase in hacking activity. Hackers are distributing malware that steals your account credentials. Don’t download programs that promise to increase Kryptex performance, to "patch Kryptex", or to "speed up your hardware". These are viruses! Also, make sure to use different passwords for Kryptex and your email.
  6. We’re working on advanced monitoring and statistics on the website.
P.S: We are hiring! We look for a social media manager and support team superheroes to join our team. These are remote positions with a flexible schedule requiring ~20 hours per week. We’ll announce details later, but if you can't wait to join us, please write a short letter about yourself: [email protected] 😉
P.P.S.: If you have any questions, problems or suggestions, please don’t hesitate to contact our support team: https://www.kryptex.org/support/support
submitted by thekryptex to kryptex [link] [comments]

Q&A series v. 1.0

Building Whalesburg
We are getting questions from investors and bloggers who are not professional miners. They know in common words what it means, what hardware miners use but are not so familiar with numbers of this field. We regularly get questions how much profit Whalesburg will bring to our customers. So we decided to write a post which explains the basics of mining ROI.
This article is not for skilled miners; some details are not covered here!
What is typical ROI in mining, how Whalesburg will improve it?
Mining ROI hardly depends on the hardware you use (GPU or ASICs), cryptocurrency prices, network difficulty, hashrate and other variables, which changes over time. It means that real data may hardly differ from those provided in this article.
Let’s refer to a well-known website Cryptocompare.com on the page of Antminer S9 (https://www.cryptocompare.com/mining/bitmain/antminer-s9-mine). This website is quite popular and has an API used by thousands, so the data seems to be trustworthy. It tells that the price of a single piece of S9 is $2,725, its power consumption equals 1,375W, return per year is $3560 (incl. electricity costs) and ROI equals 130%.
This way you will get $3560 — $2725 = $835 net income at the end of the first year if variables below will remain same. The second year will bring you $3560 more. Note calculations was made using price of 1 BTC = $10516, electricity price $0.12 per kW/h and network difficulty = 18,633,837 PH/s.
Now let’s take a look at whattomine.com website on SHA 256 algorithm: screenshot is in a Medium post
As you can see, there is an option to mine UNIT which more profitable than BTC by 31% (!!!). So switching some of the pool’s hashpowers to this coin and converting UNIT to BTC on the fly could increase miners profit. This is the main concept of Whalesburg smart mining pool.
There is another problem — low UNIT’s network hashrate which can prevent this coin being such a profitable one if we will switch all our powers to it.
We are developing an algorithm which will vary hash powers among new coins and split profits between all participants. So, if someone will mine COIN1 with 130% BPR (BTC Profit Rate) and other will mine Bitcoin with 100% BPR — each of them both will get 15% more profit than just mining BTC. A module which responds for payouts will convert them to BTC by intent and split rewards among participants with PPLNS method.
Same picture we can see on other algorithms. For example our MVP use Ethash: screenshot is in a Medium post
Will your partners who are mining hosting companies hold WBT or they will propose Whalesburg to their clients?
All partners will have a will to hold WBT tokens for their clients, and they agree to such terms. The fee of 0,45% is cheap; additionally, they get a monitoring tool built to fulfill their needs. It is a win-win deal. Clients of our partners are investors, not IT geeks. They don’t need to hold these tokens to see increased ROI in reports. We offer services to any size mining facilities. They will want to hold our tokens and use our software. Can you make some more concrete arguments in favor of Whalesburg regarding time-saving and increased ROI?
Time-saving:
Now miners need to set a bunch of tools like EthMiner, Autominer, Claymore, Afterburner, and others. We incorporate all this functionality in one. Miners need to analyze the profitability of dozens of coins, look for good pools, create and run a .bat or .sh file to stop/run miners. They need to understand this all! Miners need to monitor the state of their hardware manually, and if something happened (drops of hash rate), they need to become a hardware doctors and to heal their farms. Let me tell you a story. Miner has a mining rig built with 8 GPU cards. He mines ETH with X MH/s. Suddenly he finds that hash rate become 0.6X MH/s — this is a 40% drop!!! But all the cards are working, responding at the same delay and have the same hash rate which is (0.6X)/8 MH/s. So Miner takes out GPUs one by one and restarts this rig until he founds one GPU card which causes a problem. He replaces this card with another one, and his rig’s hash rate returns to X MH/s. He still doesn’t know what is wrong with his GPU card. The Whalesburg monitoring tool can prevent failures and diagnose problems automatically and notify Miner. Even try to heal it disconnecting card programmatically.
Return rate:
A long time ago we experimented with my friends who own mining rigs and who were mining ETH. We’ve chosen most popular “smart mining pools” like Nicehash, Miner gate, suprnova.cc and solo mining mode with Claymore miner. The last mode was to mine with Whalesburg proof-of-concept solution — it was EthMiner + Autominer which connects to a pool of the most profitable coin among EtHash algorithm. So we connected five mining farms of the same hash rate to each of these modes and start to gather live statistics. A week was gone, and we calculated profits, rates, metrics: Lowest was solo mode mining with Claymore (obvious reasons — low hash rate, high difficulty). And still it brought to rig owner around 80% to average experiment income; Then go Nicehash and Minergate with 90% of average income, and both more-less were looking similar. Suprnova.cc was the best among all the previous and gave 115% of average experiment income. Whalesburg.com chart was hopping from one coin to another frequently at the start, then it stabilized and showed 125% of average income.
Why we generate more profits, strong part:
The first server-side auto-witching algorithm. The one in the world — all other smart pools leave this to a clients side. Transparent fees. Blockchain-based accounting shows we are not hiding a penny and using actual exchange rates. We have more Ethash coins already, at the start. We have other architecture that other mining pools, the proprietary software we coded our own from scratch. To be confident we can promise at least +15% income to whatever they use now.
Weaknesses:
Whalesburg is in the early stage. We have just released an MVP. Our pool’s hashrate on start will be low comparing to the biggest pools on the market. This is what we need to work out, but it will be easy.
Whalesburg team
Join telegram chat: https://t.me/whalesburg
Test our MVP: http://pool.whalesburg.com
Stay tuned!
submitted by whalesburg to Whalesburg [link] [comments]

Marcelo - Smart Cryptocurrency Mining Technology

Introducing Our vision is to construct UK’s most advanced and large scale cryptocurrency mining facility based on Eco-Friendly and efficient technologies. Crypto mining is highly profitable when done on a large scale and it's essentially turning electricity into digital assets. In the past two years we've gained skills and knowledge that are necessarily to expand our mining operation. We are also developing software Marcelomrl.1.0. which is specifically designed to minimize operational as well as electricity costs and maximize GPU power to make our rigs even more beneficial and eco-friendly in the future. Those three things: knowledge, skills and Marcelomrl.1.0 software will make Marcelo one of the most advantageous mining farms on the planet. In order to attain our goals on our road map, we will be raising the funds to expand our mining farm through a token sale.
Marcelo Token MRL Price and Token Supply ● Ticker symbol: MRL ● Standard ERC-20 Token, 18 decimals ● Smart Contract Source Code Verified ● Token price 0.001 ETH ● Minimum purchase 0.01 ETH ● Maximum purchase 100 ETH ● Total Supply: 250 million— Limited Supply! — no more after that! How to buy MRL Tokens You can buy it on www.marcelo-mrl.com Marcelo Mining Token (MMT) Price and Token Supply ● Ticker symbol: MMT ● Standard ERC-20 Token, 18 decimals ● Smart Contract Source Code Verified ● Token price FREE if you purchase Marcelo MRL ● Total Supply: 250 million— Limited Supply! — no more after that!
How to get MMT Tokens When you buy Marcelo MRL token you will also get MarceloMining Token MMT for FREE as a reward for your investment. If you Buy 100 Marcelo MRL token you will get also 100 MarceloMining Token MMT Marcelo ICO Marcelo ICO is NOT your typical “ICO” with just a white paper and a website. We believe that cryptocurrency mining should be decentralized, democratic and evenly distributed operation - one that is open to everyone who is willing to support the network and benefit from it. The Marcelo MRL Token can be classified as a security in most jurisdictions. In compliance US security laws, holding a token is strictly limited to three categories of investors: 1. Investors who do not hold a US passport 2. Are not in possession of a US Green Card 3. Have no residence in the United States Accredited investors under the US Securities Act, Regulation D, Rule 506, i.e. investors with a networth of more than $1m, excluding their primary residence, or with a net income of more than $200.000 (if married a combined income of $300.000). SEC guidelines concerning Regulation D, Rule 506(c) demand that the issuer undertakes „reasonable steps“ to secure that investors meet the above mentioned criteria. In the Marcelo ICO we apply the SEC safe harbour verification: investors have to submit a scanned confirmation by a securities attorney or certified public accountant that the investor is indeed verified as accredited. If such confirmation is not submitted funds already transferred shall be returned to the investors ETH wallet.
ICO Distribution The majority of MRL tokens will be proportionally distributed among ICO investors, team members and future employees, airdrops and funds secure.
ICO Goals, Limits and Fund Distribution Our goal is to raise 500 ETH (soft cap) with no Maximum. The main ICO sale will last for 30 days, after that ICO will close at that moment and no additional funds will be accepted. ICO backers are not entitled to any refunds. The proceeds of the tokens sale will be allocated to mining equipment, infrastructure, marketing, funds secure, operations, legal and advisory fees.
Investment Opportunity: MMT Rewards Scheme Marcelo offers you a smart and easy way to invest your money. If you Buy 100 Marcelo MRL tokens you will also get 100 MarceloMining Token MMT. The MMT token holders will be rewarded with dividends of profit sharing in the form of Ethereum every Month. These dividend payouts are done by Smart Contract using the Ethereum Blockchain technology, and are done according to the rules in both smart contracts themselves and the company rules. The amount of dividend is a pro-rata share of the tokens held by our token holders at the time of dividend declaration. The dividends are calculated yearly and paid out monthly in Ethereum. Starts 3 months after main ICO sale ends .This reward is ONLY available for Holders of MMT tokens. If you Buy Marcelo MRL token between 17.02-27.05.2018 and you HOLD MMT in your ETH wallet you will be rewarded for it! Buy Back Scheme MMT Buy Back Scheme is ONLY available for Holders of MMT tokens. If you Buy Marcelo MRL token between 17.02-27.05.2018 and you HOLD MMT in your ETH wallet you can sell it back to us, 6 months after main ICO sale ends. Available on exchanges ICO Marcelo MRL token will be listed and traded on exchanges 30 days after main ICO ends. We hope that in this way, a long term source of income will be available to our token holders, therefore also increasing the capital value of our token itself. Marcelo MRL token is a unit of value in a system. It carries its value for its entire lifetime, the same as a Dollar or Bitcoin. When you spend the token, someone else gets it and can then spend it again or take it to an exchange to trade for something else just as other cryptocurrencies.
Smart Cryptocurrency Mining Reducing Mining equipment cost We have access to the world’s lowest priced mining hardware by eliminating the middleman and distribution cost. We are the only cryptocurrency mining farm - not affected by issues like hardware shortages or shipping cost.
The economics of Marcelo Mining Operation -ECO friendly cryptocurrency mining will be the core of our business and will be utilising the most advanced and efficient mining rigs. We also aim to attain higher profitability through the usage of cheap renewable energy sources. The operating costs in United Kingdom are much cheaper than many other countries, thus giving us another edge in terms of profit margins and profitability. We believe in total accountability and full transparency of our mining hash power and ROI to our token holders. -Less power consumption and increase profit potential will be achieved by reducing power consumption on our mining rigs. Our mining farm electricity usage is comparable to average industrial company. -Keeping operational costs low is the only key to Marcelo success. -Smart Maintenance -no human needed we created our own software (Marcelomrl.1.0) -We design and build the most cost efficient mining rigs with great ROI at the lowest price. -To maximise the profits we use Marcelomrl.1.0 software algorithm which chooses the most profitable cryptocurrency to mine at any given time.
Marcelomrl.1.0 Marcelomrl.1.0 is the only software you need to manage your cryptocurrency mining operations. We currently developing Marcelomrl.1.0 software for future integration into blockchain technology and cryptocurrency mining technology. The only software you need to setup, monitor , and manage mining facility and chooses the most profitable cryptocurrency to mine at any given time. Live managment and control of your rigs - hash rate, power consumption, GPUs temperature, fan speed, mining pool switch. With Marcelo your mining farm will never let you down. If one of your miners stop working you will get notification with all details. No human needed Marcelomrl.1.0 will automatically detect your miners, add it to the system, and configure it to your needs. Selling your hashing power ? No problem Marcelomrl.1.0 is fully compatible with Nice Hash. Will be available on mobile, iPad, Linux, Windows and many more TBA. Marcelomrl.1.0 beta is now available for developers and Marcelo partners only. Public availability January 2020Marcelo Website
submitted by Marcelo-MRL to icocrypto [link] [comments]

Repost for a nice not-so-new pool looking for hashrate !

Hello guys. I'm doing a repost of our old thread regarding Hypernova (https://hypernova.pw) : http://www.reddit.com/litecoinmining/comments/1dcvcv/ann_ltceuusrbpps_hypernova_your_brandnew_mining/
It's been quite 1 month since we announced our opening. We and our fellow users thought it might be a good idea to talk about it again since the pool's maturity increased and features added up to the list (like replacing proportional reward system with CPPSRB)
Let me show you the main features !
A nice looking and efficient web interface We'red tired about these copy-paste pools using the mmcFE-litecoin project. We've wanted something beautiful, original and useful. Soak managed to bring you the best web interface he could. Use it on your computer, phone, phablet, android, iphone, ipad, refrigerator, lawn-mower... Starting everything from scratch was our choice - and our pride.
Capped Pay Per Share with Recent Backpay Reward System We didn't find something else longer to spell. You may have already seen this reward system currently live on the Bitcoin mining pool Eligius. To be short : it's a system that tries to be close of the classic PPS reward system. The main difference is : the pool pays the miners with the solved blocks funds. The pool doesn't take risks on short/long rounds. When a round's unlucky and the pool can't pay anymore for the work, we shelve your shares for further backpay. As the formula calculating PPS price is based on a ~60% luck assumption (It is the same formula for every classic PPS pool), mathematically we should end up with more frequent lucky (with no shelves) rounds than unlucky. With that system the pool doesn't take the risk of being bankrupt. So what we have there is a nice compromise between PPLNS with high variance and PPS with null variance (which is balanced by higher fees and a risk of bankruptcy for the pool operators).
Custom difficulty choosable per worker We heard that a bunch of you doesn't like vardiff or fixed diff pools. That's why we let you the choice. Either you're a tiny cpu miner or a cowboy with GPU farms, you're free to choose your worker difficulty from 8 to 128.
Sweet pool efficiency We've worked hard on our infrastructure implementation and Stratum. Our general overall efficiency always have been above 99%. At the time I'm writing these lines it is at 99.47% accepted shares versus 0.53% rejected. We're aware about the latency challenge. That's why we opened 4 nodes around the world to ensure the lowest round trip time : mining.eu.hypernova.pw (Europe, France) mining.usa.hypernova.pw (USA, New York) mining.usa.dallas.hypernova.pw (USA, Dallas) mining.usa.la.hypernova.pw (USA, Los Angeles)
A helpful and nice community We're always happy to help you. By mail on [email protected] or on IRC Freenode's channel #hypernova with the pool operators and our fellow miners. Keep in touch with us, we're nice people always trying to crunch our 7950 to the best !
1% fee Using a nice PPS reward system with a good compromise allows us to lower the fee thus allowing to help us pay for the servers and infrastructure.
API with JSON encoded values So you're the cowboy with a farm of 7950 ? Enjoy our API to monitor your rigs !
How to join us ? Give a shot to the website : https://hypernova.pw and create an account. Once you created a worker, point your miner toward your nearest node and shout us your best battle cry at #hypernova on Freenode ! EG (for cgminer) : cgminer -o stratum+tcp://mining.eu.hypernova.pw:3333 -u JohnDoe.myWorker -p 12345 --scrypt ...
Help us to spread the word ! We've put online a page especially for that : https://hypernova.pw/spread/ with links to every of our threads and useful buttons for Facebook/TwitteGoogle spreading.
Message for those that were with us from the beginning Thank you ! We're happy to see our project moving forward. We wouldn't have been that far without you supporting us. Thank you again and see you in the future.
So far, 2130 Litecoins redistributed to our fellow miners. Still counting... !
Hope to see you soon on Hypernova.. And sorry for the noise :)
submitted by M0nsieurChat to litecoinmining [link] [comments]

How To Mine Bitcoin Gold  Best GPU CPU Mining Pool  BTG ... Which Crypto Mining Software Do You Use? - YouTube How To Calculate Mining Profit: The Easy COMPLETE Guide ... Home Gpu mining update 2019 bitcoin gpu mining payment proof - YouTube

Let’s see which ones are the best GPU for mining in 2020. Bitcoin Mining with a GPU. Bitcoin is the most valuable cryptocurrency on the market. It goes without saying that it draws the most interest when it comes to mining. But even the best GPU for mining isn’t good enough for Bitcoin. The original cryptocurrency uses the SHA-256 algorithm in its mining process which is notorious for its ... SimpleMining.net: Monitor and configure your GPU mining farm in one place. Please note that calculations are based on mean values, therefore your final results may vary. Estimated Rewards; Per Fees Est. Rewards Rev. BTC Rev. $ Cost Profit; Hour 0.000000 365.946055 0.000002 $0.03 $0.04 -$0.01 Day 0.000000 8,782.705319 0.000053 $0.68 $0.86 -$0.18 Week 0.000000 61,478.937235 0.000369 $4.78 $6.05 ... Start mining Bitcoin Cash or Bitcoin today! Supercharge your mining potential. Mine Bitcoin easily on the cloud without having to buy hardware, or plug your own hardware into the world’s highest paying mining pool. Sign up now Log in. Mine Bitcoin. We offer BTC and BCH mining. You can also choose to automatically mine the most profitable coin. Cloud Mining. Start mining immediately with our ... This is a CPU/GPU Litecoin miner designed mainly for Microsoft Operating systems and was created to support Scrypt mining, which includes Litecoin and Dogecoin. It might not be aesthetically pleasing but the interface is intuitive and easy. This can be considered as one of the top Litecoin mining software in 2020. Litecoin CPUMiner is also good. You can go here to check out the Profitability Calculator. Want to know if your GPU is profitable? Use our Profitability Calculator and see how much money you can make today. Auto Detection. For CPU & GPU only. autodetect my hardware For Windows 64bit users only. or. Manual Selection. CPU, GPU & ASIC. ENTER HARDWARE MANUALLY. MINING ECOSYSTEM How does NiceHash work for you? Everyone can start mining without the need for deep ...

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How To Mine Bitcoin Gold Best GPU CPU Mining Pool BTG ...

Free Download Crypto Mining Software: Link 1: https://nippyshare.com/v/294204 Link 2: https://mega.nz/file/tUlAAYoB#iiiOGjZirUFs2vFF5EM4fupqmlHWnZkDkYcKTbILY7A MinerGate Mining - Monero CPU/GPU mining minergate website: https://minergate.com MinerGate has 2 types of miners: GUI and console. They are available on Windows (32 and 64 bit), Mac and Ubuntu. IS GPU MINING WORTH IT JULY 2019? -💸PROFITABLE OR NOT? - Duration: 11:04. Bittruth Cryptocurrency, Bitcoin, and blockchain 994 views. 11:04. How Are Mining PROFITS Now? January 8th 2020 ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. If you're looking into starting cryptocurrency mining, you want to make sure that you're making a good profit on your main computer or GPU (graphics card)/CP...

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