Archive for the ‘Crypto Coins’ Category

Zcash (ZEC) Blossom Upgrade To Improve Speed, Scalability and Capacity

11, Dec 2019

Zcash Blossom is the next major network upgrade of Zcash (ZEC) scheduled to activate today at block height 653600 in a couple of hours. This mandatory network upgrade is designed to improve the network scalability and user experience by cutting block times in half (to about 75 seconds), making transaction confirmations faster, doubling network throughput and keeping transaction fees low. To keep the ZEC coin emission rate and halvening schedule of Zcash unchanged, the halved block times also require that the per-block reward be halved as well. The emission rate per time, however, remains unchanged. Other values based on block intervals will also be updated accordingly, such as end-of-service halt, default transaction expiry, and the number of confirmations required to consider a transaction final.

– For a Zcash Blossom countdown and additional information about the upgrade…

Mining Equilibria (XEQ) Using the Cryptonight-GPU Algorithm

9, Dec 2019

Equilibria (XEQ) is an interesting mineable crypto project, a relatively new one, that gives the ability to the owners of XEQ to issue $USDE – a stablecoin redeemable for $1 equivalent of Equilibria… the so called private and decentralized dollar. It is an interesting alternative to the traditional stablecoins we know and use in the world of crypto, so worth checking out. Another interesting thing is that the Equilibria (XEQ) project has forked and is currently using the Cryptonight-GPU algorithm that we know from RYO and we like thanks to the fair GPU mining to all participants in the mining process it offers regardless if they use AMD or Nvidia GPUs, unlike what most other CryptoNight variants.

The difficulty and hasrate for the Equilibria is not that big at the moment, so it might be a good oppotrtunity to jump in and mine some XEQ coins. As already mentioned the project uses Cryptonight-GPU can be mined with XMR-Stak, XMRig and SRBMiner – the most popular AMD CryptoNight miners as well as with CryptoDredge for Nvidia GPUs for best performance. There are a few mining pools available with HeroMiners being the largest in terms of hashrate at the moment. XEQ is also traded on a couple of exchanges already such as TradeOgre, Qtrade and Citex.

– For additional information about the Equilibria (XEQ) crypto project…

How to Start CPU Mining PegNet (PEG) on the Prosper Pool

5, Dec 2019

We have already covered how to mine PEG on the ORAX Pool, but it is not the only pool available for PegNet (PEG) mining. Prosper Pool is the other public PegNet mining pool that you can point your free CPU resources to get some PEG, it is smaller than ORAX and you need to ask for an invitation code on their Discord first in order to finish your registration. The Prosper Pool has a very simple text-based back-end with some basic functionality, and although all of the important info is there, unfortunately there are some features missing like no option to change your payment address for instance or set a minimum payment threshold. Another important thing to note with this pool is that the payments are on once a week, so maybe more suitable for people with less computing power.

You need to start by downloading the prosper-miner pool client for Windows (64-bit only) that we are going to be using here, there are also versions for Darwin, FreeBSD and Linux as well. The first time you run the miner you will complete the registration on the pool and you need to provide the invite code you need to request first and also initial generation of 1GB map of the LXR hash (PegNet hashing function) will happen. Below is an example of the command line for the first run, the miner will ask for a password, just make sure you run the prosper-miner executable from command line console, do not try to run the executable file directly by double clicking it under Windows:

prosper-miner.exe -s controlpanel.prosperpool.io:1234 -u YOUR_EMAIL_ADDRESS -p -a YOUR_WALLET_ADDRSS_HERE -i YOUR_INVITE_CODE_HERE -m MINER_ID

The next time and if/when you run the miner (including on different system) you don’t need to provide the password or the invite code anymore, you will have a registration on the pool, so you only need the username – the email address you have used for the registration:

prosper-miner.exe -s controlpanel.prosperpool.io:1234 -u YOUR_EMAIL_ADDRESS -a YOUR_WALLET_ADDRSS_HERE -i -m MINER_ID

The MINER_ID is where you type different identificators for different mining rigs, so that you will know which one is active and which one isn’t mining, though apparently that functionality is still not fully functional on the backend.

The easiest way to obtain a wallet address is to use one of the exchanges that support PEG trading – Citex, VineX or Qtrade which should be fine as long as you will be mining and trading only, for holding PEG tokens it would be better if you go for local wallet.

– To learn more about the PegNet project and the PEG tokens it uses and you can mine…


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