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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How to Set Up Your Own Akroma Masternode

How to Set Up Your Own Akroma Masternode

Guides and Tutorials
Note: This is a sponsored post. I have been provided with an Akroma masternode to test this new platform out and review it. While this does not really make me biased towards the project, I thought it was important to clarify this before we move on. Akroma is one of the newest Ethereum forks that has implemented the masternode technology. Masternodes offer better decentralization, enhanced network security and reward users who are loyal to the coin. If you are new to this topic, to host a masternode basically means to lock a certain amount of coins in your wallet. Then, you would need to run the masternode software on a computer and have it connected to the network 24/7. Masternode mining is kind of the middle ground between PoS and…
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T-Rex 0.5.1 Nvidia GPU Miner Benchmarks and Review

T-Rex 0.5.1 Nvidia GPU Miner Benchmarks and Review

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

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…
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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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Best Cloud Mining Companies

Best Cloud Mining Companies

Tech
Everyone wants to join the cryptocurrency bandwagon, and a huge proportion of cryptocurrency enthusiasts are interested in mining and earning profits through it. However, the fact that it requires some technical knowledge, constant upgrading of hardware and software, and looking for newer and better ways to manage the process discourages a lot of people. If you belong to this category but want to earn profits through mining anyway, then cloud mining is an option worth looking into. Cloud mining companies rent out mining capabilities to companies. You don’t have to pay for the hardware, software, electricity, cooling, space, etc. All you do is rent the service for a fee and get a steady flow of bitcoins in your wallet. But it is a minefield full of fraudsters, so you have…
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Crypto Mining With a Raspberry Pi? Profitable!

Crypto Mining With a Raspberry Pi? Profitable!

Tech
As we all know, Bitcoin has a scaling mining difficulty. In the beginning, you could mine it even with your old, trash 2004 machine, but now, it requires specialized hardware – ASICs. With altcoins, the deal is very similar. However, the difficulty remains much, much lower, and profitable mining operations with a mid-tier, modern GPU aren’t uncommon. Miners can also purchase dedicated mining GPU’s such as the Antminer G1 and G2 series. What is Raspberry Pi, And How Can I Use it for Mining? Raspberry Pi is a platform for embedded applications. Generally, low resource software, not very tasking on the hardware. Thus, the specs of a Pi aren’t too impressive. We’d think that in this case, mining with such a device could only net losses, unless we had years…
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