Guides and Tutorials Archives - Page 2 of 2 - Cryptocurrency Mining Blog

27Jul 2018 by admin

T-Rex 0.5.1 Nvidia GPU Miner Benchmarks and Review

The T-Rex is new NVidia GPU mining software for the lyra2z, phi2, hsr, c11, x17, phi and tribus algos. It is being actively developed by a bitcointalk user ‘trexminer’. As for today, it is expected to perform about 5% better than Enemy and anxmod (we will see the benchmarks in a minute). It works both with Windows and Linux, making it pretty versatile. The miner is getting a lot of attention on bitcointalk, which is why new updates and fixes are coming out very often. On the flip side, the T-Rex miner is a closed source project. It has got a reasonable 1% in-built developer fee. Another detail to keep in mind is that it only works with the newer GPUs. T-Rex 0.5.1 System Requirements: Pascal (10xx series) and Maxwell…

12Jul 2018 by admin

How to Mine Bitcoin Gold Equihash-BTG – Hard Fork Successful!

Guides and Tutorials

Today, Bitcoin Gold has finally forked! Originally based on the Equihash algo, Bitcoin Gold has transited to Equihash-BTG. The goal is to make Bitcoin Gold more ASIC-resistant – the new algorithm requires 17 times the amount of memory than Equihash, which means that any existent Equihash ASICs will not be able to mine Bitcoin Gold. According to the devs, this steep increase in memory requirements will also make it harder and pricier for ASIC manufacturers to create ASICs for Equihash-BTG in the future. Besides, the improved DAA will have a better response to hashrate swings. The fork has not spawned a new currency. We don’t have to exchange our Bitcoin Gold tokens or anything. The only thing we have to do is to upgrade our wallet and mining software. In…

12Jul 2018 by admin

How to Re-Sync Lux Wallet and Upgrade to Mercury V5 (Lux-Qt v5.0.2 Mercury)

Guides and Tutorials

Here is a quick one people! Luxcore team have successfully hard forked at block 299500 and Mercury V5 was born when block 300001 was reached, once with that new wallet and miner software was released by the devs. I found on discord channel that many of you have problems syncing the new Lux Qt wallet (currently Lux-Qt v5.0.2). I decided to make a short tutorial regarding this, explaining to everyone step by step is very time consuming. If you have questions please comment below. In case you missed: My Luxcore review https://1stminingrig.com/luxcoin-review-is-luxcoin-the-new-best-coin-for-mining-and-investing/ How to mine Luxcoin https://1stminingrig.com/how-to-mine-luxcoin-lux-with-nvidia-and-amd-gpus/ I also had problems running the wallet on the first run but after some reading i found the solution Here it is! To receive the latest updates follow me on social media! facebooktwitterFollowgoogleyoutube…

12Jul 2018 by admin

EVGA GTX 1070 Ti SC Gaming Black Edition – Mining Performance and Review

Guides and Tutorials

GTX 1070 Ti GPUs are probably the best choice for someone who wants to start small. Beefy enough to give you a noticeable flow of cryptos yet affordable enough, the 1070 Ti GPU might the best choice in several situations. Its architecture and configuration is very similar to the GTX 1080 (GP 104 GPC family, amount of transistors, core config, L2 cache, core clock, etc) but not to the GTX 1080 Ti, which has more similarities with the NVIDIA TITAN X (GP 102 GPC family). In fact, the GTX 1070 Ti has more similarities with the GTX 1080 than with the GTX 1070, especially when it comes to mining performance. Past days I have been testing the GTX 1070 Ti SC Gaming by EVGA. I’ve assembled a small rig and…

12Jul 2018 by admin

How to Mine Luxcoin (LUX) with Nvidia and AMD GPUs

Guides and Tutorials

Luxcoin is often considered one of the most promising GPU minable coins. It is resistant to ASICs, it can be mined by CPUs (though it’s not the most profitable coin to mine with CPU) and it is backed up by a real product. This means that Luxcoin will more likely experience a growth in popularity and demand in the near future. Few days a go ago, the algorithm behind Luxcoin has been updated. The new PHI2 algo is even more miner-friendly and consumes up to 60% less energy compared to other mainstream algorithms. Besides the obvious benefits, those changes keep ASICs away. To know more about Luxcoin, check this review. Luxcoin can be mined both with AMD and NVidia GPUs. In this guide, I will walk you through the complete…

12Jul 2018 by admin

Gigabyte GTX 1080 Ti Gaming OC BLACK Mining Performance Review

Guides and Tutorials

Here’s the thing. I’ve been browsing amazon lately and I’ve realized that the Gigabyte GTX 1080 Ti is still about 30% cheaper than the MSI GTX 1080 Ti I’ve reviewed some days ago. This drew my attention because price is often tailored by the demand. I still see people buying MSI cards for their rigs, which is why I’ve decided to test both cards and see the difference with my own eyes. You can find the MSI GTX 1080 Ti review here and now it’s time to find out more about the Gigabyte GTX 1080 Ti Gaming OC. For this test, I’ve assembled a rig of three Gigabyte GTX 1080 Ti GPUs. Let’s take a look at the results. Gigabyte GV-N108TGAMINGOC BLACK-11GD GeForce GTX 1080 Ti Gaming OC 11G Graphic…

11Jul 2018 by admin No Comments

How to choose and connect to a Bitcoin mining pool

Guides and Tutorials

Mining solo, while sometimes more profitable, it's usually not the right choice for most miners. When mining solo, you are doing all the work alone which means that you'll receive the entire block reward, the problem is that mining is also based on a luck factor, which means that if your hashpower isn't high enough, you may never see a reward come your way. With pool mining, however, this variance is eliminated and you recieve payments that correspond to the portion of the work that you have done. If you are deciding to join a Bitcoin or altcoin mining pool there are quite a few considerations to take into account – mainly their method of distributing the block reward and the fees they charge for managing the pool. Pools also try…

09Jul 2018 by admin No Comments

How to mine Zcash – ZEC (Windows)

Altcoins, Guides and Tutorials

ZCash is an anonymous cryptocurrency that uses zk-snarks to ensure that all the information regarding user transactions is safely encrypted, while still verifiable by miners that can ensure no double-spending has taken place using zero knowledge proofs. ZCash uses Equihash as an hashing algorithm, which is an asymmetric memory-hard PoW algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible, much like Ethereum. Not everyone has access to a computer, however, and not everyone has the time, knowledge or patience to start mining Zcash on their own, especially since there is no Graphic User Interface (GUI) Miner available yet. If you want to mine on your own computer, but need a little push to do so,…