Archive for the ‘Crypto Coins’ Category

RavenCoin (RVN) Forking to New KAWPOW Algorithm on May 6th

16, Apr 2020

RavenCoin (RVN) will be switching mining algorithms from the currently used X16Rv2 to the new KAWPOW on May 6th 2020 at 18:00:00 UTC. The new algorithm called KAWPOW is a derivative of ProgPOW with parameters specific for Ravencoin, so performance wise you can expect similar hashrate as what ProgPow delivers. There is an official kawpowminer as well as some popular alternative miners supporting the new algorithm such as NBMiner and GMiner, TT-Miner is also testing support, though only in beta for now and other miners will most likely also add it soon. You can already try mining KAWPOW on RVN’s testnet and in just about 3 weeks from now KAWPOW will be on Ravencoin’s mainnet. In order to make sure you are ready to support the upcoming hardfork to the KAWPOW algorithm you must update to the latest Ravencoin v4.0.0 binaries that were just made available, have in mind that there could be additional fixes and updates released prior the fork, o make sure you stay up to date. The upcoming hardfork is supposed to drive away once more any FPGA/ASIC miners and provide fair mining conditions for GPU miners.

– To download the latest Ravencoin v4.0.0 binaries ready for the upcoming hardfork…

Mining Evolution (EVOX) and Morelo (MRL) Using RandomARQ Algorithm

16, Apr 2020

Evolution (EVOX) and Morelo (MRL) are two relatively new crypto projects that both use the RandomARQ algorithm first introduced by ArQmA (ARQ) for mining (variation of RandomX). What is interesting about this algorithm is that it is more balanced in terms of CPU performance between Intel and AMD, unlike the standard RandomX algorithm where the latest AMD Ryzen processors are doing significantly better. So if you have some Intel CPUs that you want to use for mining you might want to get more details about those two projects, of course AMD users, especially with Ryzen processors might also check them out. What we don’t seem to like that much about both projects however is that apparently the majority of hashrate (over 95%) is centralized in a single Chinese pool called Walemo, and this is definitely not that good. As far as mining software is concerned, RandomARQ is widely supported by most popular RandomX miners out there such as XMRig, SRBMiner-Multi and XMR-STAK-RX.

Coinevo (EVO) Cryptocurency Using RandomEVO Algorithm

15, Apr 2020

Coinevo (EVO) is another crypto project forked from Monero that is based on the RandomX algorithm, though using its own variation called RandomEVO that you might be interested in checking out if you have some spare CPU power to throw at mining something relatively new. Do note that although EVO is a PoW coin it apparently also supports Masternodes and about 2/3 of the block reward goes to the nodes and 1/3 to the miner. You need to use a dedicated fork of XMRig (XMRig-EVO) in order to mine Coinevo as the specific algorithm is not widely supported as some of the other variants of RandomX.

There is an official EVO mining pool as well as another alternative EVO mining pool with more hashrate available, though the majority of the hashrate seems to be from solo mining apparently (in general not a lot of hashrate). There is an exchange called EREX, a very low volume crypto exchange not much EVO trading going on. Performance wise the RandomEVO algorithm is doing better on AMD Ryzen than on Intel CPUs, here is a comparison of what hashrate you can expect to see: about 2850 H/s on Intel Core i7 6850K (6C-12T) and about 9800 H/s on AMD Ryzen 3900X (12C-24T).

– For more information about the Coinevo (EVO) crypto project using the RandomEVO algo…


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