Archive for the ‘Crypto Coins’ Category

Dynastycoin (DCY) is Another RandomX Crypto Project

10, May 2020

Dynastycoin (DCY) is another crypto project that has forked to RandomX, initially started a couple of years ago and targeted towards Italian crypto users. Originally a CryptoNight coin when project was conceived, Dynastycoin (DCY) has apparently forked to RandomX near the end of last year around the time Monero has switched to the new algorithm as well. The fact that the project has been targeted towards a specific user base has resulted in limited popularity among non-Italian users. One of the reasons that we have discovered the project just recently as well, so if you are looking for alternative RandomX-based crypto coins you might want to check the coin out. The project hovers around the 1000th place on CoinMarketCap, however the daily volume seems really low as the coin is listed on just a few some smaller crypto exchanges and apparently trading users that are into DCY are now very active.

We remind you that mining RandomX is done mainly on CPUs, there are GPU miners available, but performance is very low compared to CPU mining as the algorithm is designed to be CPU friendly. Owners of AMD’s latest generation Ryzen processors have performance advantage over Intel CPUs as far as RandomX is concerned. Other than that the more CPU cores you have, the better performance you should expect to get with RandomX mining.

– For more information about the Dynastycoin (DCY) RandomX crypto project…

CPU Mining MicroBitcoin (MBC) Using the Power2b Algorithm

7, May 2020

MicroBitcoin (MBC) has started as a hard fork from Bitcoin at block 525000 some time ago, but since its inception it has moved through some changes and it its current form it is interesting for everyone that has spare CPU resources for mining. MBC currently employs a CPU-only mining algorithm called power2b which is essentially a yespower modification which is replaces sha256 with blake2b. Power2b or yespower2b is a CPU friendly algorithm with no GPU miners available and no apparent FPGA or ASICs miners available. So while a single CPU might not earn a lot of MicroBitcoin per day it is still something useful to do instead of having your CPUs sitting idle, and if you want to exchange the bitcoin into dollars there are tools as the Bitcoin to paypal services which help a lot of this.

There are a number of miners available with support for the power2b (yespower2b) algorithm with two of them that seem the most reasonable to be used. The fastest one at the moment of all variants that we have tried is the latest SRBMiner-MULTI miner closed source miner that has a 0.85% development fee and the bit slower cpuminer-opt that is open source and has no development fee (supported by user donations). Feel free to try them both on your hardware and see what works better, though in all our tests SRBMiner-MULTI has proved to be faster even with the extra dev fee. It is worth noting that Intel CPUs do manage to perform significantly better compared to their AMD counterparts, in fact an Intel Core i7-6850K (6C-12T) processor manages to get about 1550 H/s while an AMD Ryzen 9 3900X (12C-24T) surprisingly manages to get us just about 1000 H/s. So AMD Ryzen CPU users might be willing to stay away from this algorithm and use their CPU mining resource for RandomX and RandomX variations where the Ryzen CPUs do manage to get significantly better results compared to most Intel processors.

There are a number of mining pools available with support for MicroBitcoin (MBC) mining, but the top ones you might give a try are HashPool, Rplant, Zergpool, Zpool and SkyPool. Zergpool and Zpool support the option to mine MBC and get paid in MBCg or to mine MBC and have the coins autoconverted and sent as their BTC value, the other pools are just for mining MBC coins. The preferred crypto exchange with support for MBC to trade coins is Stex that has two trading pairs – MBC/ETH and MBC/USDT.

– For more details about the MicroBitcoin (MBC) crypto project on the official website…

Are You Ready for the Ravencoin (RVN) Fork to KAWPOW Algo

5, May 2020

With just 1 day left until the hard fork of Ravencoin (RVN) to the new KAWPOW algorithm everyone that is planning to mine the cryptocurrency once more should be well prepared. There are already a number of miners supporting the new algorithm available, as well as some test pools where you can test and setup your GPU mining rigs for optimal performance. The Mining Rig Rentals service for leasing and renting mining rigs has just added support for KAWPOW rigs, but NiceHash has not yet added support for the new algorithm, so no massive hash going on and off on the RVN network after the fork. The KAWPOW algorithm is a variation of ProgPow and the available miners are offering very close performance, so the deciding factor in choosing should be what you are more familiar with and what works better for you (has less fee, or no dev fee at all, is open source or not etc.). Users with Nvidia GTX 1080 Ti might benefit the most from the new algorithm to be used by RVN, AMD owners with one of the most popular Radeon RX 480/580 GPUs might not be too happy whit the hashrate they will be getting (about half of the GTX 1080 Ti). KAWPOW is more GPU intensive and not affected by the video memory that much, so the more powerful the GPU, the higher the hashrate.

AMD Radeon users are significantly limited in their choice of mining software for the KAWPOW algorithm at the moment as there is essentially just one option available – the closed source NBMiner with 2% dev fee for KAWPOW that also supports Nvidia GPUs. The only opensource miner with no dev fee is the official kawpowminer that only works with Nvidia GPUs for the moment, though AMD support will hopefully be also added. The other KAWPOW miners are all closed source and work only on Nvidia GPUs for the moment, these are GMiner with 2% dev fee, T-Rex with 1% dev fee and TT-Miner with 1% dev fee. Our preferred choice out of these miners at the moment is T-Rex for Nvidia GPUs, though we are still waiting to also see an updated release of the z-enemy miner, so our preference may change in the future. We are also hopefully soon going to start seeing some additional optimizations to help differentiate performance from different miners at least a bit more…


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