Archive for the ‘Crypto Coins’ Category

We love to see new crypro projects that also come with a new mining algorithms that are not dominated by ASICs or hashpower renting services. SUQA is one such new crypto project that comes with its own new proof of work mining algorithm called X22i that of course requires a new miner. The coins is a proof of work one, meaning that it can be mined with GPUs, although initially there was only an Nvidia CUDA miner available, there is now also an AMD OpenCL miner also available. SUQA has a block reward that goes down pretty fast initially, so it is apparently a good idea to join the mining early on with a higher block reward. There are also Time-Locked deposits with 5% regular APR, though for the first three months it is raised to 25% to drive early adoption. The most interesting thing about the X22i algorithm is the so called quantum resistant part in the algo chain called SWIFFTX and the promise that the project will remain FPGA and ASIC resistant.

Currently there is an official open source ccminer fork for Nvidia GPUs, though it is significantly slower than the third-party option available. The zjazz experimental CUDA miner with SUQA support is up to about twice faster compared to the official one. It is however still an experimental release, a closed source miner and comes with a 2% developer fee built in. A couple of hours ago zjazz has also released an experimental version for AMD GPUs, so now you can use it to mine SUQA on AMD-based mining rigs as well. There are already a big number of pools supporting SUQA mining, so you have a lot of options to choose from. There is a mining calculator, though you can use it only for checking how much coins you can mine. The coin is already listed on two small exchanges with no trading volume in general, so you might want to wait for a more serious listing later on before starting to trade it.

Although the project is still new and being actively developed it has generated a lot of attention already, so you might want to check it out in more details if you are looking for something new and interesting to mine.

For more details about the SUQA crypto project and its further development…

Some more invites are available for the invite-only Merit project that we have introduced a while ago, so if you are interested in it and want to give it a try mining or using, then feel free to apply using the link below. Merit (MRT) coins can still only be mined with Nvidia GPUs, though AMD miner is in the works for a while now, there is already a third-parity Merit CUDA miner available with more options that you can try as well. Merit has its own trading market (MRT-BTC) with escrow that works fast and is really reliable, so you can buy and sell coins on the market. Since it is invite only and invites need to be mined and it is not yet listed on any major exchange, Merit is still kind of under the radar, but the last few weeks there has been a significant growth with increased interest and more people joining the project. We have a limited number of invites available to give away, so please do not waste them, we are going to send invites as soon as possible on a first-come, first-served basis. Sending multiple invite requests will not get you accepted faster, in fact will have the opposite effect of not getting you invited at all!

Click here to get your invite and register a wallet at Merit in order to be able to try it out…

A few days ago the Bitcoin Interest (BCI) fork of Bitcoin has successfully switched to the ProgPoW algorithm, becoming the first crypto coin to actually utilize this new algorithm. ProgPoW is a proof-of-work algorithm designed to close the efficiency gap available to specialized ASICs. It utilizes almost all parts of commodity hardware (GPUs), and comes pre-tuned for the most common GPU hardware utilized in the Ethereum network. The design goal of ProgPoW is to have the algorithm’s requirements match what is available on commodity GPUs, so if the algorithm were to be implemented on a custom ASIC hardware there should be little opportunity for efficiency gains compared to a commodity GPU. This all means that in theory the ProgPoW algorithm will not see ASIC mining hardware, due to no opportunity to get much faster speeds compared to what a GPU is capable of delivering. This essentially means that ProgPoW should in theory be a really ASIC-resistant proof of work algorithm…

If you are interested in more details you can check the official BCI website, and miners would most likely be interested in the mining software, pools and a Bitcoin Interest mining calculator in order to see what is the current mining profitability of your GPU rigs. Here you can also find a BCI Block Explorer to see how are things progressing with the Bitcoin Interest blockchain. You might also be interested in the Bitcoin Interest GitHub repository for the official wallets, miners and so on. BCI is currently being traded on a couple of exchanges including Bitfinex, Stocks.Exchange, HitBTC, Exrates and Trade Satoshi.

BCI ProgPoW Miners:
Nvdia ProgPoW miner for Windows
AMD ProgPoW miner for Windows
ProgPoW miners for Linux

BCI Mining Pools:
LuckyPool
AltPool
Suprnova
CoinBlockers
ProgPool
NibiruPool
BasementPool


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