How to Mine Beam With Nvidia and AMD GPU

How to Mine Beam With Nvidia and AMD GPU

Guides and Tutorials
How to Mine Beam An Introduction to the Scalable Confidential Cryptocurrency Note: This is NOT a sponsored post. As always, I only recommend you to mine cryptocurrencies that have the potential to become something big. Pumping and dumping is no longer a viable strategy for GPU miners in 2019. Nowadays, it’s all about investing your hashing power in a good project that has future and stick to it long enough to reap the benefits. Beam is one of those coins that might have a bright future, and hence might be good to mine. Let’s take a look at it. What is Beam? To receive the latest updates follow me on social media! facebooktwitterFollowgoogleyoutube Beam is a new crypto that aims to combine scalability and anonymity by implementing innovative solutions and…
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How to Mine Veil (x16rt) With Nvidia and AMD GPU – The New Big Always-On Privacy Coin

How to Mine Veil (x16rt) With Nvidia and AMD GPU – The New Big Always-On Privacy Coin

Guides and Tutorials
Note: This is NOT a sponsored post. Despite the unstable market situation, cryptocurrencies are steadily making their way to the public. Not only people now know what cryptocurrencies are, they are also starting to use them for a wide variety of real-life applications. However, with adoption come regulations. Most big cryptocurrencies are already being regulated in one country or another. I’m not going to delve into the moral part of the matter, however I do believe that we all have the right to keep our possessions private, if we chose to do so. Here’s where Veil can help. 1 What is Veil? Veil is a very promising cryptocurrency that combines the latest and most efficient privacy protocols and technologies to ensure the privacy of their users. While anonymous transactions are…
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How to Mine CryptoNight V8 – The New Monero!

How to Mine CryptoNight V8 – The New Monero!

Guides and Tutorials
CryptoNight V8 Hardfork is Live Now! – How to Mine the New Monero Today, Monero is conducting a planned hard fork to further secure the network from ASICs and to introduce some improvements to their existing system. The CryptonightV8 hardfork comes hand by hand with the Monero 0.13.0 “Beryllium Bullet” software upgrade that brings three main changes: Bulletproofs – a modification to transaction size that also reduces fees by approximately 80% and verification time. Monero has Bulletproofs running on Testnet for half a year or so already, but was so prudent not to switch them on for Mainnet until some independent and competent people checked the implementation.rbrunner7 - XMR Contributor CryptonightV8 (CryptonightV2) – The old CryptonightV7 PoW algorithm is replaced with a newer CryptonightV8 (also referred to as CryptonightV2). The…
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SUQA Review and How to Mine – New Cool GPU Minable Coin?

SUQA Review and How to Mine – New Cool GPU Minable Coin?

Guides and Tutorials
SUQA is a name of an ancient coin from Nepal that has been used for thousands of years and it also means ‘to wait’ (Time-Lock) in Somali language. I see a lot of people talking about this new project and I have decided to check it out too. Apparently, SUQA is more than just another new GPU minable shitcoin. It is a project with a vision and a solid team that backs it up. Let’s quickly review it to then get into how to mine it. What is SUQA? With so much pumping and dumping going on, most new startups are trying new measures to stabilize the market and to motivate people to hold their coins. It’s easier to hold a coin when you know that its value might increase…
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How to Mine Akroma (AKA) with AMD and Nvidia GPU

How to Mine Akroma (AKA) with AMD and Nvidia GPU

Guides and Tutorials
Akroma (AKA) is one of the newest Ethereum forks (Ethash algo) that looks promising for GPU mining. It is not as popular as Ethereum, which is why the network hashrate is not as saturated, yet. If you want to know my thoughts on why Akroma might be a good coin to mine, check my full review of the coin. Requirements Just like any Ethash algo, Akroma can be mined with GPUs, you might want to add a couple of Acorns to your rig to lift the hashrate. You can also try the Ethlargement Pill for this algo if using Nvidia GTX 1080 or GTX 1080 Ti. While NVidia cards work with this algo, AMD ones proved to perform the best (at least from the standpoint of price/performance). Best mining hardware…
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Crypto Mining Hardware Industry Falters as Profits Dwindle

Crypto Mining Hardware Industry Falters as Profits Dwindle

Ethereum, News, Tech
Cryptocurrency mining profits are on the way down, resulting in declining demand for hardware, such as high-end graphics cards. Sources suggest that GPUs could drop by as much as 20% within the upcoming month.  Mining Hardware Manufacturers Experience Declining Demand DigiTimes, a premier Asia-based technology news source, has suggested that there has been a large decrease in interest for mining hardware. Cryptocurrency mining was unarguably one of the largest trends last year, with mining hashrates growing at an exponential rate. Ethereum, one of the most popular mined currencies, had its hashrate grow by over 25 times last year. Additionally, prices for mining hardware rapidly increased, reaching unsustainable prices that were often unaffordable for common consumers and gamers. However, due to waning cryptocurrency prices, coupled with a large increase in mining…
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How to Mine Bitcoin Gold Equihash-BTG – Hard Fork Successful!

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

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

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…
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NVIDIA GeForce GTX 1070 Ti Review

NVIDIA GeForce GTX 1070 Ti Review

Ethereum, Tech
Cryptocurrency mining is one of the most widespread activities in the planet because of its profit-earning potential and the thrill you get when you obtain cryptocurrency, which will later go into your bank account in some way or another. Not so long ago, cryptocurrency mining, especially Bitcoin mining, was performed on the Central Processing Units (CPU) of personal computers, and it was widely understood that with additional cores and faster speeds, people would get more money. But that system was later substituted, at least in popularity, by multi-graphic card systems that could help miners to find more hashes while optimizing the use of power. NVIDIA’s newest toy for miners around the world NVIDIA, an American technology brand, designs and produces graphics processing units, commonly known as GPU, for several fields,…
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