All About BTC, LTC, ETH mining as well as other alternative crypto currencies
A few days ago we’ve covered the beta SIA pool from Nanopool, and now there is a second more interesting SIacoin mining pool open for public already available called Siamining. Nanopool is still in beta and apparently has some delays with payments, along with high minimum limits and uses PPLNS payment system, while the Siamining pool does seem to be out of beta already and offers more interesting terms, especially for smaller miners. The Siamining Siacoin pool uses a PPS (Pay Per Share) payment system with a slightly higher fee of 3% (to cover for the higher risk for the pool) and does payments every 6 hours. So no need to wait for a very high minimum balance (2000 SC minimum) or to wait for block confirmations before you get your SC payments sent to you, there is also a Long Polling support to minimize stale shares. We have been testing the pool for about a day already and it does seem to be working quite well already, so we do recommend that you check it out, especially for smaller miners.
Meanwhile we have also done some benchmarks using the Siacoin Go Pool miner (source) that uses OpenCL for mining SC on different AMD and Nvidia GPUs (the miner supports mining on Nvidia using OpenCL) and you can fidn the results below. Do note that Nvidia is generally slower than AMD in terms of performance with OpenCL, however the new Pascal Nvidia GPUs such as GTX 1070 and GTX 1080 manage to do quite well in terms of hashrate. When you factor in the very good profitability mining Siacoin it is worth checking it out, especially if you are wondering shoudl you continue mining Ethereum with the current low exchange rate and high difficulty when there are already some good alternatives such as SIA.
Siacoin Go Pool miner hashrate:
– GTX 1080 – 1945 MHS
– GTX 1070 – 1466 MHS
– GTX 980 Ti – 1220 MHS
– GTX 970 – 803 MHS
– GTX 950 – 385 MHS
– GTX 750 Ti – 301 MHS
– RX 480 – 872 MHS
– R9 280X – 849 MHS
– R9 290x – 1116 MHS
Alternatively you can go for dual mining Ethereum and Siacoin using the latest Claymore Dual Miner with ETH in the main focus and SC as a secondary crypto coin to fully utilize the resources of the GPU you are using. Just a reminder that the dual miner is only for AMD GPUs, so for Nvidia GPUs you still need to go for the SIA Go miner that you can download below (64-bit binary for Windows). A word of warning, the Siacoin miner is pretty heavy for the GPU, so be careful with the temperatures and power usage if your focus was lately on mining Ethereum that does not stress the GPU that much unlike other algorithms. The Siacoin Go Pool miner easily hits the TDP limits of the GPU while mining, so make sure your video cards are cool and that your power supply can handle the load.
There have been quite a few new mining pools for Ethereum mining appearing in the last few weeks since we have last updated our list of Ether (ETH) mining pools, so now it is time to refresh things a bit. As you will probably notice many of the new pools are based on the Open Ethereum Mining Pool by sammy007 with some of them retaining the base design and functionality and others further improving things. Below is a list of the new pools for mining Ethereum and after that you will see a list of the older ones that have been available for longer and are more established and well known and we have already covered here…
Newer Mining pools for Ethereum (ETH):
– Hitchpool – 0% pool fee promo, 0.5% afterwards, 0.1 ETH minimum payout, getwork and stratum support, no registration
– AlpEreum – 0% pool fee promo, 0.2 ETH minimum payout, stratum support, no registration
– Etherite – 0% pool fee promo, 1% afterwards, 0.5 ETH minimum payout, getwork and stratum support, no registration
– Geteth – 1% pool fee, 0.2 ETH minimum payout, getwork and stratum support, no registration
– Ethermine.Rocks – 0.1% pool fee, 0.5 ETH minimum payout, getwork and stratum support, no registration
– MSKpool – 0.5% pool fee, 1 ETH minimum payout, getwork and stratum support, no registration
Older Mining pools for Ethereum (ETH):
If you think that we are missing a pool or two feel free to drop us a comment with a link to the Ethereum mining pool, so that it can be included in the list as well…
The DAO, a decentralized autonomous organization, is an interesting project in the form of an Ethereum smart contract that is essentially a form of investor-directed venture capital fund. The project was started with what can be described as the largest crowdfunding campaign to date where over twenty thousand people invested over 12 million Ether coins and now have the right to control the direction of the DAO. These are essentially the investors that now have the right to vote thanks to their DAO tokens for what projects the DAO will provide funds in the form of Ethereum. The total number of DAO Tokens is over 1 Billion and 172 Million and now that the initial crowdfunding period is over no more tokens will be issued, however if you missed your first chance to get into the DAO you can still do so by purchasing tokens from one of the crypto currency exchanges that offers the trading of DAO tokens. Even though the DAO crowdfunding campaign has collected over 160 Million USD equivalent in ETH coins and can be considered a very successful venture there is still a lot of controversy surrounding the whole concept and the idea, buy still worth keeping an eye on the development anyway. So should you decide to invest in the DAO by purchasing DAO Tokens you should do your more detailed research before jumping head to invest, but if you decide to buy tokens you can find a list of exchanges where you can do so below.
These are pretty much the top exchanges where trades are happening, there could be some more that just recently listed DAO Tokens for trading or will list them soon and we are going to be keeping track on further development…