Posts Tagged ‘CryptoCompare

zcash-calculator

After the initial craze due to the scarcity of Zcash (ZEC) coins and the big demand the prices has skyrocketed, but now with the slow start of mining progressing and the total block reward almost at 4 ZEC things are starting to stabilize. The initial crazy high profit for mining and selling Zcash coins seems to be over and at the moment mining and selling ETH or ZEC does bring almost the same profit for some GPU miners, though not for all. Miners with older AMD Radeon 79×0 and 280X GPUs still have higher profit mining Zcash than Ethereum, but for users with RX 480 for example things are already on the line to switch back to Ethereum. Nvidia seems to be currently lagging as far as performance optimizations for Zcash go, so the profitability there could be better for another algorithm or mining for another perspective in the long term crypto coin might also be a viable option.

You can keep track of the current profitability with the help of some useful mining calculators like the ones provided by CryptoCompare for both Zcash (ZEC) as well as for Ethereum (ETH) along with a few other popular coins such as Ethereum Classic (ETC), Monero (XMR), DigitalCash (DASH) and Litecoin (LTC). Make sure you set the correct hashrate your mining hardware is providing for each algorithm to make a proper calculation as different GPUs do provide different hashrate for the various algorithms. Do note that Etheeum Classic might also turn out to be pretty profitable alternative as well for some video cards that are still providing higher hashrate for the Ethash algorithm.

ethereum-wallet-latest-beta-shapeshift

The official Ethereum graphical wallet is improving and getting more user friendly with each new beta release, making it easier for people that are not very happy with the console only clients such as geth and eth. The wallet relies on geth (by default) or eth as a backend and provides a user friendly interface with the most important information and functions available to the user without requiring him to type console commands to execute them. The latest Beta 6 release makes it easier to backup your wallet by adding a menu command that takes you directly tot he folder where your wallet is being stored, so the only thing you need to do is to copy the file in a safe location. The new wallet comes with a button called Deposit using Bitcoin that invokes integrated support for ShapeShift allowing you to easily and quickly buy Ether coins and have them easily transferred to your Ethereum wallet. Although the button is called Deposit with Bitcoin you can actually use other altcoins supported by ShapeShift to purchase Ethereum with the needed support built-in right into the wallet. Another useful new addition is that the wallet will now show historical prices from the time of the transaction thanks to integration with the CryptoCompare service, so you will know what was the exact fiat value of the Ethereum transaction at the moment you have made it.

To download an try out the latest official Ethereum GUI Wallet 0.3.9 (Beta 6)…


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