Archive for the ‘Crypto Coins’ Category

RavenCoin (RVN) Forking to New KAWPOW Algorithm in April

28, Mar 2020

The RavenCoin (RVN) project is up for another fork sometime in April that will change once more the Proof of Work mining algorithm used in order to fend off FPGA and ASIC miners specifically and allow GPU miners to get back to mining the coin. The first fork to change the mining algorithm in October last year changed the initial algo to a new X16Rv2 and while that did drive off ASIC and FPGA miners for a while off the network, it did not help that much on the long run as apparently specialized mining hardware was quickly adapted to the new algorithm. This time the change in the algorithm is more drastic and should make sure that GPU mining on a level playing field for both AMD and Nvidia GPU miners is available for long…

The new algorithm that RVN will be adopting is called KAWPOW and is a derivative of ProgPOW with parameters specific for Ravencoin. The fork is planned for sometime in April, but a specific block time and expected date is not yet chosen. Meanwhile you are welcome to test the new dedicated miner called kawpowminer software that currently only supports mining the new algorithm and you can test it on the RavenCoin testnet using the MinerMore mining pool to make sure you are ready for the fork.

RavenCoin KAWPOW testnet pool:
kawpowminer -U -P stratum+tcp://WALLET.worker@rvnt.minermore.com:4505

The miner is currently available for both Windows and Linux operating systems, though apparently there is not yet official OpenCL binary for Windows, only CUDA. Since the binary releases do not include the required Nvidia CUDA 10.2 libraries you would also need to have the latest Nvidia CUDA Toolkit installed (or at least the runtime libraries from it). Other popular mining software would most likely add the required support for the new algorithm soon before or after the fork to the new algorithm occurs.

Expected performance on stock settings:
– GTX 1050Ti: ~5+ MH/s
– GTX 1060: ~9.5 MH/s
– GTX 1070: ~14 MH/s
– GTX 1070Ti: ~14 MH/s
– GTX 1080Ti: ~24.5 MH/s

We remind you that unlike with Ethash, PROGPOW does not favor lower-end AMD GPUs as it is not so much memory dependent, thus a lower-end AMD GPU will perform similarly to the same level of Nvidia GPU and a higher-end AMD GPU like a similar class Nvidia GPU when using the new KAWPOW algorithm!

STEEM Was Forked to HIVE, We Now Have 2 Independent Platforms

20, Mar 2020

The recent controversy surrounding STEEM and the Seemit project after it has been acquired by Justin Sun, followed by a decision of a large group of Steem community members to fork it to an independent project has been made and it is now a fact – meet HIVE. Today HIVE was born forking from STEEM carrying on most of the current state of the STEEM blockchain, but also becoming totally independent after the fork. Aside from the content and users at the point of time the blockchain snapshot has been made, their STEEM balances have been transferred to HIVE as 1:1 ratio with exchanges trading STEEM hopefully going t be doing the same, especially if they do plan to support HIVE.

There are currently over 30 experienced developers contributing to the new ecosystem, alongside many committed community members working on multiple aspects of Hive. These individuals may announce their participation through their own accounts in the future. This a true community effort, and therefore is open to all. Hive will remain open source, and open to everyone who wants to contribute to the future development of the blockchain.

If you had a STEEM account prior to the fork happening today,then most likely you will have a HIVE account as well, you can login in both platforms to check and also confirm your content and coin holdings are there as well. From now on, if you register at either of the platforms you will have an account only on one of them, you need to register on both to be able to use them as they are going their separate ways after the successful fork. If you need a places to trade HIVE coins, you can head on to Bittrex and Binance.

– If you want to check out the new Hive Blog frontend of the HIVE blockchain…

Earn Banano (BAN) While Folding@Home to Help Coronavirus COVID-19 Fight

19, Mar 2020

The CureCoin (CURE) is not the only project that gives you the chance to earn crypto coins while using your CPU/GPU mining hardware for helping Folding@Home in their efforts to fight the Coronavirus COVID-19. Another project that has a similar feature is Banano (BAN) via their BananoMiner website, though they do offer other ways to earn BAN coins as well, so not only by folding proteins with Folding@Home.

We have already covered how you can Help Folding@Home COVID-19 Efforts With Your Crypto Mining Rigs completely free and anonymously. You need to start by downloading, installing and running the Folding@Home client software for your operating system. Then when asked if you want to fold Anonymous or want to set up an identity, you need to choose the second and head to the dedicated BananoMiner website where you need to input your BAN wallet address and as a result you will get a unique Username and a Team ID (should always be 234980), these two you need for your F@H client in order to be credited coins based on the amount of work you do folding proteins. It is also good to register an identity (the username you got from Banano Miner) in order to get a password as it may help you earn some extra bonus points, though not a requirement to make tings work.

Make sure that you enter the username you got when registering your wallet on Banano Miner as well as the correct Folding@Home Team number in the respective fields, also if you registered your identity you need to enter the password you got from F@H. This is required so that your FAH points will be credited to the right Banano Team’s total and that you would be getting your rewards. Save the settings and start Folding away with your available CPU and/or GPU resources. This is all you need to do to start earning Banano (BAN) crypto coins while you are folding proteins and helping the fight against the Coronavirus COVID-19. You might need to wait some hours or a day before any coins will be credited for he work you do folding proteins, so better check your results in a day after you start. Don’t expect to earn lot though, you are doing this for the common good or at least should be, the BAN coins you get are just to help you cover some of your electricity costs. Banano (BAN) is a smaller in terms of market cap and daily volume compared to Curecoin (CURE), but is also an active project, so you might want to check more details about it as well. Some good crypto exchanges that support trading Banano (BAN) coins include Citex and Txbit.


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