AMD Radeon VII: the Best Graphic Card for Ethereum Mining?

AMD Radeon VII: the Best Graphic Card for Ethereum Mining?

Ethereum, News, Tech
On February 7, AMD threw the Radeon VII into the ring against NVIDIA’s GeForce RTX series. It was not enough for the performance crown in the gaming area, but we are primarily interested in the mining performance in relation to Ethereum – and that’s exactly what we look at a little more closely. What can the AMD Radeon VII do? In essence, it is the second generation of the Vega core, which was already in the eponymous Radeon Vega cards used. AMD has changed production, namely, the new graphics cards are manufactured in 7-nm process. Together with the improvements in technology, higher clock rates, more HBM memory and further fine tuning, this should mean a higher performance also in the case of ETH Mining with simultaneously lower energy consumption. Since…
Read More
Ethereum’s ProgPoW Mining Change to Be Considered for Istanbul Upgrade

Ethereum’s ProgPoW Mining Change to Be Considered for Istanbul Upgrade

Ethereum, News, Tech
The code designed to enact ethereum’s next system-wide upgrade, Istanbul, may feature the inclusion of a controversial mining algorithm said to allow for broader participation in its network. Discussed Tuesday during a meeting of project managers working on the world’s second-largest blockchain, Ethereum Improvement Proposal (EIP) 1057, also known as Progressive Proof-of-Work (ProgPoW), has been long debated. […]
Read More
Nanominer 1.1.0 by Nanopool With Support for CryptoNight R on Nvidia GPUs

Nanominer 1.1.0 by Nanopool With Support for CryptoNight R on Nvidia GPUs

Ethereum, News, Tech
The latest Nanominer 1.1.0 by Nanopool comes with support for the new CryptoNight R algorithm used after the recent Monero (XMR) fork, though for now it is only supported on Nvidia GPUs. Nanominer supports Ethash, CryptoNight (v6, v7, v8, R), Ubqhash on GPU and and RandomHash/PASC on CPU at the same time (dual mining mode), though only CryptoNight R and Ethash are supported on Nvidia GPUs, the rest of the algorithms are AMD only. Performance wise the Nanominer 1.1.0 is faster on GTX 1080 Ti according on our tests compared to what the latest XMR-Stak 2.10.0 is delivering and the difference is not small… about 80 hashes more with the Nanominer for about 840+ H/s mining CryptoNight R. Nanominer is available for both Linux and Windows, it is a closed…
Read More
Ethereum User Who Accidentally Paid $365,000 Fee Splits Loss With Mining Pool Sparkpool

Ethereum User Who Accidentally Paid $365,000 Fee Splits Loss With Mining Pool Sparkpool

Ethereum, News, Tech
The agreement came following communication between the sender and Sparkpool regarding three transactions. Ethereum (ETH) mining pool Sparkpool confirmed it had come to an arrangement with a user who accidentally sent it over $300,000 in mining fees on March 11.The mix-up, which occurred on Feb. 19, involved an Ethereum user apparently confusing the fields required to send an ETH transaction.Three transactions broadcast to the Ethereum network with a combined total mining fee of 2,730 ETH (currently worth about $365,800).While the circumstances behind the event remain unknown, Sparkpool subsequently agreed to refund half of the the 2,100 ETH mining fee, which represented the largest of the three transaction fees.The refund amount came from a suggestion by the sender, who wished to thank the pool’s developers for assistance in recovering the funds.“Thank…
Read More
TT-Miner 2.1.15 Nvidia GPU Miner With Improved MTP Support and Performance

TT-Miner 2.1.15 Nvidia GPU Miner With Improved MTP Support and Performance

Ethereum, News, Tech
The latest TT-Miner Version 2.1.15 comes with improved support and performance for ZCoin (MTP algorithm) mining on NiceHash and that makes it attractive for use on NiceHash at the moment where MTP is among the most profitable algorithms. The expected performance is up to about 3.5 MH/s for GTX 1080 Ti and stability wise things seem good, though direct mining of ZCoin might also be worth it long term. It is interesting to note that other popular miners with MTP support are still lacking support for NiceHash mining, so the latest TT-Miner might still be the best option you have, not to mention that performance wise it could also be currently the fastest miner for MTP thanks to the latest optimizations. TT-Miner supports ProgPOW, Ethash, UBQhash, MTP and Myriad-Groestl algorithms…
Read More
New NBMiner 21.0 With Improved Performance and Stability for Grin29 and Grin31

New NBMiner 21.0 With Improved Performance and Stability for Grin29 and Grin31

Ethereum, News, Tech
The latest NBMiner 21.0 that has just been released comes with support for Aeternity (AE) as well as improved miner stability and performance for the Grin29 and Grin31 algorithms (Cuckaroo29 and Cuckatoo31). Performance wise the new version does seem to catch up to the competition regarding Cuckaroo29 hashrates (the latest Gminer is still slightly faster) and could currently be the fastest miner for Cuckatoo31 in terms of hashrate (at least for Windows on GTX 1080 Ti) compared to BMiner and GMiner. Stability wise Cuckatoo31 however could use some more improvements as we see the miner crashing on some systems that otherwise work just fine with competing miners. We remind you that the NBMiner is a closed source GPU miner for Nvidia CUDA that is available for both Windows and Linux…
Read More
Bminer 15.1.0 With Improved Support for the Cuckaroo29 and Cuckatoo31 Algorithms

Bminer 15.1.0 With Improved Support for the Cuckaroo29 and Cuckatoo31 Algorithms

Ethereum, News, Tech
The latest Bminer 15.1.0 comes with improved performance and reduced reject rate for the Cuckaroo29 and Cuckatoo31 algorithms used by GRIN as well as experimental support Cuckaroo29 on AMD cards (ROCM only). The update also improves compatibility on Windows and fixes the regression on UI dashboard. Do note that since Bminer runs on Nvidia GPUs by default you will need to specify device IDs with amd: to run on AMD cards, for example the command line option -devices amd:0 will run the miner on the first AMD GPU it finds in the system. DO note that AMD support is still experimental and before this version that brings Cuckaroo29 on AMD GPUs, Bminer already supported BEAM mining on AMD as well (Equihash 150,5). We remind you that that Bminer is a…
Read More
Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing

Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing

Ethereum, News, Tech
The latest issue of Diar points out that Bitcoin miners and other crypto miners have made tens of millions of dollars without processing a single transaction. The major proof-of-work blockchains, Bitcoin, Ether, Litecoin, and Dash, have earned in excess of $18 billion. Bitcoin Cash miners have earned just under $1 billion since the fork. Zcash miners have actually earned more than Bitcoin Cash miners, and Zcash is one of the most under-utilized networks studied. Bitcoin and Ethereum Process The Most Transactions In total, Bitcoin Cash miners have processed over 3300 empty blocks since August 2017. In total, an average of The post Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing appeared first on CCN
Read More