Archive for the ‘Crypto News’ Category

The Cryptum ICO looks different than most crowdsales of tokens we’ve seen lately and if you are following us closely you know that we are not big fans of ICOs. It is not a single project, but a network of projects funding board games publishing with an interesting concept of providing supporters with returns of investment. More importantly the first game being released is called Blockchain: The Cryptocurrency Board Game. In it the players will compete for obtaining most Bitcoins and Ethereums by mining 85+ coins using 25 different crypto algorithms (with crypto coins taken from the real world). The Cryptum tokens issues by the project will be used for free access to all board games Cryptum is publishing (not only the Blockchain game) and there are already plans for 4 games and 5 expansions.

Cryptum will use the funding acquired from the crowdsale of tokens for three main projects – board game development, crypto mining and the release of a new cryptocurrency, plus maybe some small extra crypto currency related projects like an ICO listing website:
– Board games with 20% to 40% “shared profit” paid after each of the games Kickstarter campaigns, including the Blockchain: The Cryptocurrency Board Game.
– Mining project starting with 50% shared profit and lowered gradually to 30% by the end of a 2 year period after which the mining profit will be used only to fund further development of board games.
– Cryptumcoin should be launched later this year and will be used in some of the services, like for paying for advertisement in, and all token owners can receive some initial amount depending on how many tokens they own. Or they can mine it, as the developers promise good value and ASIC-proof algorithm.

Cryptum will pay back between 20% and 50% of the profits through optional claims (to avoid regulation and listing prohibitions in some exchanges and regions). Еvery feature is accessible by optional claim and if you don’t want to claim your profits based on current token ownership then they will be distributed to other token holders. The number of tokens issued will be limited and they will also be available for trading on crypto exchanges, though actually holding them might end up being more profitable on the long run.

When we initially heard about the idea for the Cryptum project we were quite interested and wanted to take part in it, especially the part about the Blockchain: The Cryptocurrency Board Game. As a result we are not only supporting the project, but our team actually got involved in the project development.

For more information about the upcoming Cryptum ICO visit the official website…

AMD has released a new beta video driver “for Blockchain Compute” or with other words a driver intended for mining and not for gaming use. The Radeon Software Crimson ReLive Edition Beta for Blockchain Compute Driver Version 17.30.1029 (Windows Driver Store Version 22.19.659.0) is available for Windows 7 and Windows 10 in 32-bit and 64-bit versions. The driver supports AMD Radeon HD 7×00 GPUs all the way up to the latest Radeon RX Vega Series Graphics. There are no official details available on what are the optimizations and if you should expect any kind of performance improvement. In fact this is more like a driver fixing the DAG epoch issues for Ethereum mining and it does not seem to be bringing any specific hashrate improvement other than restoring performance for Ethereum miners on Polaris GPUs. There was an unofficial fix a couple of days ago, but now you can use this official beta driver with the same results as the previous unofficial solution.

For more details about the beta driver for Blockchain Compute fixing the DAG epoch issue…

It seems that there is a new option available for miners that want to run more GPUs on a single mining rig. We got a tip that there is a new riser card available on AliExpress claiming to be capable of splitting a single x16 PCI-E slot to 8x USB 3.0 type of connectors for use with the respective x1 PCI-E extenders. In theory this should allow miners to get up to 8 GPUs running from a single x16 PCI-E slot, so practically any motherboard should become miner friendly solution. However there is an important thing that needs to be considered, this expansion board seems to require motherboards that do have the Above 4G Decoding (TLOUD) option available in the BIOS. The expansion card is available for a price of around $100-$120 USD from China, so no that cheap actually… it relies on a PLX PCI-E Switch, so no wonder it does not come very cheap.

We have not yet tested this solution, but it seems interesting and may offer an alternative solution for people to build mining rigs with more than the most common configuration of 6x GPUs. Now that we do have motherboards that are capable of 12 or even 13 GPUs out of the box however pricing is also going to be a very important factor and at the moment at this price from China this expansion board is actually not that attractive. Not to mention that there could still be some compatibility issues as it may not work on all motherboards as you might expect, especially on a bit older motherboards that do not come with Above 4G Decoding (TLOUD) option.

To check the PCI-E 16X to 8 Port USB 3.0 Expansion Card on AliExpress…