All About BTC, LTC, ETH mining as well as other alternative crypto currencies
With the user interest in Monero (XMR) peaking up in the last couple of months it is no wonder that we are now starting to see cloud mining services like Genesis Mining starting to offer cloud contracts for that crypto currency as well. The just announced Monero (XMR) cloud mining offers using the CryptoNight algorithm start at $33.99 USD for 30 H/s, then go for $999 USD for 900 H/s and $2899 USD for 2700 H/s as well as come with an option for any custom hashrate of course. The XMR cloud mining contracts are for 2 year period of time with all costs included in the price of the hahsrate, so no need to pay any extra maintenance fees or anything else for the duration of the mining contract. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Monero cloud mining contract from the company. As usual with cloud mining offers, do the math first and the decide should you take up an offer or not.
The cloud mining provider Geneis Mining has started offering Ethereum cloud mining contracts again after they were not available for a couple of months with the focus more on ZCash cloud mining with GPUs. The new mining contracts are available at a lower price and with an extended 2 Years period with no additional mining fees (everything is included in the price you pay for the hashrate). There is of course a clause in the contract saying that in case Ethereum switches to Proof of Stake (POS) before the contract period ends your hashrate will not disappear, but will instead be switched to the most profitable algorithm to mine at that point of time. Initially we expected to see Ethereum (ETH) switch to POS at some point this year, but this will most likely be delayed and no official date for the switch has been announced yet… and the interest and price of Ethereum has been going up lately once more.
You can currently get 1 MHS Ethereum cloud mining hashrate for $29.99 USD, 30 MHS for $869 USD of 100 MHS for $2799 USD as a preset packages or any custom hashrate in between with discounts for the more you purchase. The Ethereum cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Ethereum cloud mining contract from the company.
SGMiner-GM is a revitalization of the sgminer project (source), brought to you by Genesis Mining and being developed and maintained by Philipp Otterbein, OhGodAGirl and Wolf. The latest version sgminer-gm-5.5.5 comes with support for ETH, XMR and Zcash and NiceHash has also just released a fork with support for their services for using the miner for selling your hashrate on their service for Ethereum and Monero. The recently added support for Zcash mining using sgminer-gm relies on the Zawawa’s Gateless Gate implementation, so it is not very competitive as compared to other faster solutions at the moment.
Similar to the Zcash implementation not being the fastest out there, there are also other algorithms supported by the SGMiner-GM project that may not be the best performing for the moment hashrate-wise. You can however try mining Monero (XMR) with this release of the sgminer-gm as opposed to other alternative miners as it seems to be performing very competitively hashrate wise as well as in terms of power usage. Below you can find a Windows binary of the latest xgminer-gm 5.5.5 release ready for you to try out if you want to check it out. It is the official sgminer-gm and not the fork with NiceHash support, so if you want to use NiceHash’s services use the link above to download their fork.