All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Today, Genesis Mining announced the release of sgminer-gm – an AMD GPU miner with support for the Ethereum network. Developed in cooperation with Wolf0, sgminer-gm incorporates the best of cgminer and sgminer in one easy-to-use package, and adds a long-awaited feature: stratum support for Ethereum (ETH), though you will be able to use the miner for other crypto currencies using the Ethash algorithm as well. All other Ethereum miners so far were custom and not based on the cgminer/sgminer functionality and now you will be able to work with the familiar feature set that sgminer comes with, including the API available for integrating support in other software for monitoring of your mining rigs for example.
Sgminer-gm can be compiled from the official Github repository (source); Windows executables are available for 32-bit and 64-bit operating systems; and a compiled Ubuntu binary. A sample configuration is provided for users, just make sure you set the mining pool and wallet/worker address in the sgminer.conf file before running the miner! Feel free to give the miner a try and then also report if you are having any trouble running it or what hashrate are you getting mining Ethereum and on what AMD GPUs.
Founded in 2013, Hong-Kong based Genesis Mining has become a world leader in providing hosted hashpower for cryptocurrency. In November 2015, a nationwide awareness campaign was launched in San Francisco, Chicago, Miami and LA by Genesis Mining, which highlighted the benefits of using Bitcoin. In March 2016, the company launched the Logos Fund: a private fund dedicated to investing into a wide range of Bitcoin-related businesses.
We haven’t paid a lot of attention lately to alternative crypto coins that are mined only with CPU with no GPU, FPGA or ASIC miners, so we’ve decided to check what is going on with Coin Magi (XMG) as we haven’t been following it actively the last few months. Coin Magi is a PoW and PoS coin that is currently being traded for a little over 2000 satoshi per coin, it is being traded on multiple altcoin exchanges including some of the largest ones, though the trade volume at the moment is pretty low and there are multiple pools where you can mine the coin if you do have some spare CPU power available and you are wondering what to mine.
Coin Magi (XMG) uses the M7M algorithm and besides CPU mining and staking coins you can also rent mining rigs at the Mining Rig Rentals service. Last year we have tested the most up to date miner available for XMG – the Wolf0 m7m v2 cpuminer on an Intel Core i7 5820k CPU and now we have retested again in order to compare it with a more recent release in the form of a dedicated m-minerd for XMG (source) that is based on Wolf0’s code. The 32-bit version is significantly slower, so we do recommend to go for the 64-bit miner for best performance, but interestingly enough we are getting slightly less performance for, the new miner. The advantage that the new m-minerd miner for the M7M algorithm has an option for that allows you to set the percentage of CPU usage you want the miner to take.
Intel Core i7 5820k (6C 12T) CPU:
– Wolf0 minerd 64-bit – 122 KHS
– m-minerd 32-bit – 64 KHS
– m-minerd 64-bit – 119 KHS