Wish to Mine Bitcoin? Here Are a Few Things You Must Know!

Wish to Mine Bitcoin? Here Are a Few Things You Must Know!

Bitcoin, News
So you go to know about BTC mining and now wish to make a profit out of it? Well then, read on! Mining trouble is the means by which the payout is computed and works this way. At regular intervals the system changes the trouble by computing how much processing power has been utilized to The post Wish to Mine Bitcoin? Here Are a Few Things You Must Know! appeared first on Hashgains Blog.
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A Few Facts about Cryptocurrency Mining- What You Need To Know

A Few Facts about Cryptocurrency Mining- What You Need To Know

News, Tech
Cryptocurrencies are the advanced medium of trade that follows the same route as conventional cash, however, it has no physical entity and is just a computerized token. The advent of digital money began with Bitcoin in 2009, and from that point forward, a ton of other digital currencies have turned out to be accessible because The post A Few Facts about Cryptocurrency Mining- What You Need To Know appeared first on Hashgains Blog.
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The Japanese GMO Miner B2 is Sold Out, Here Comes the B3

The Japanese GMO Miner B2 is Sold Out, Here Comes the B3

News, Tech
While still in pre-order stage the first 7nm ASIC miner for Bitcoin (SHA256) – the 24 THS GMO B2 miner has been sold out. The Japanese company behind the project however is apparently ready with a successor – the GMO miner B3 that will be offering variable hashrate of 24-33 THS with 1950-3417 Watts of power usage respectively at the same price of 1999 USD. The new miners will come with 180 days of warranty and the price includes a 4 kW power supply as well. GMO is already taking pre-orders for the new B3 miners and you can pay using Bitcoin, Bitcoin Cash or USD with shipping expected to start in November 2018. The new GMO B3 ASIc miners come with the same base specifications, but there is an…
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NiceHash and Excavator Now With Support for the X16R Algorithm

NiceHash and Excavator Now With Support for the X16R Algorithm

News
The X16R crypto algorithm introduced by RavenCoin (RVN) is getting more widely supported now that NiceHash has added support for users to sell and purchase X16R mining hashrate. Alogng with the support on the website for X16R the Excavator Nvidia GPU miner software developed by the service and also a part of their NiceHash Miner software also got support for the X16R algorithm. Apart for the new support of the X16R crypto algorithm, the Excavator miner also supports the following algorithms on more recent Nvidia GPUs: equihash, pascal, decred, sia, lbry, blake2s, daggerhashimoto, lyra2rev2, keccak, neoscrypt, cryptonightV7 and lyra2z as well as three dual mining modes: daggerhashimoto_decred, daggerhashimoto_sia and daggerhashimoto_pascal. Do note that the Excavator miner is a closed source miner available as a binary for Windows and Linux… –…
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New z-enemy 1.12 Nvidia Miner With New Algorithms and Improved Performance

New z-enemy 1.12 Nvidia Miner With New Algorithms and Improved Performance

News, Tech
There is a new version of the popular closed source miner z-enemy-1.11 for Nvidia GPU mining rigs that is widely used for X16R coins such as RavenCoin (RVN), though the miner also supports quite a lot of other algorithms in the more recent versions. The latest release 1.12 add support for two new crypto algorithms – Sonoa and PHI2, and also brings slight performance increase in a number of already supported algorithms: X17, X16r, X16s, C11, Bitcore, Aeriumx and others. So if you are using the z-enemy miner you might want to update to the latest version of the software. We remind you that z-enemy is a closed source miner available only as a binary release and it contains a 1% developer fee built-in to support further software development. There…
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RebTech is Offering Interesting GPU Mining Specific Products

RebTech is Offering Interesting GPU Mining Specific Products

Ethereum, News, Tech
RebTech is a Romanian company that you may never heard of, but they do offer some interesting GPU mining related products that you might be interested in checking out. We are mostly interested in the RebTech Blockchain Motherboard that and the RebTech Blockchain Video Card as both products are certainly interesting in their design and functionality and are clearly made with GPU miners in mind. The company also seems to be building what they call Blockchain mining servers based on these two products they offer, so you might be interested in these as well. But first let us take a look at the Blockchain motherboard and video card and why they are so interesting… The RebTech USB-VGA AMD Radeon RX470 8GB video card may seem like a traditional RX 470…
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CoinCalculators is a New Mining Profitability Calculator Service

CoinCalculators is a New Mining Profitability Calculator Service

Ethereum, News, Tech
With mining profits diminishing lately it is always a good idea to be on a lookout for new and profitable coins to mine, regardless if you are using GPUs or ASIC miners. So you might want to give the Coin Claculators service a try and see if you can find something new and interesting. It tracks close to 300 crypto coins and can mining profitability calculators available for GPU miners with presets for the hashrate for the more common AMD and Nvidia GPUs as well as ASIC miners with presets for S9, L3+ and D3. You can of course also set your own hashrates for each algorithm, so you are not limited only to the presets available, though they help for a quick check. There is also a Dual Mining…
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How to mine Zcash – ZEC (Windows)

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,…
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Chinese Crypto Miner Arrested for Stealing Electricity

Chinese Crypto Miner Arrested for Stealing Electricity

News
Chinese crypto miner arrested: A man has been arrested in the Anhui Province of China for allegedly stealing 150 megawatts (MW) of electricity. Chinese Crypto Miner Arrested Local media outlet Xinhua reported the arrest today, stating that the man, known under the surname Ma, had more than 200 computers that he was attempting to mine both Bitcoin (BTC) and Ethereum (ETH) with. The computers have now been confiscated, along with the arrest of Ma. Ma said that he had purchased the computers back in April, unaware of how much it would cost him to ... Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency…
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County in Montana Delays Decision to Suspend Bitcoin Mining Operations

County in Montana Delays Decision to Suspend Bitcoin Mining Operations

News
After a wave of Bitcoin mining operations set up in areas with affordable electricity, places like Montana’s Missoula County needed to make a decision over the impact these operations have on the region. Earlier this month, it was reported that Bitcoin’s (BTC) energy footprint had nearly doubled in six months and was expected to grow. According to the study, Bitcoin could be using up approximately 0.5% of the world’s energy by the end of the year, almost the same amount used by the Netherlands. Needless to say, most people might not want that to ... Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News…
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