Archive for the ‘Crypto Coins’ Category

LBRY (LBC) Is Reaching The Maximum Block Reward, Time to Mine Some

2, Oct 2016

lbry-logo

The LBRY Project and the LBRY Credits (LBC) crypto token used by it is reaching an important milestone for the miners and this is a moment when you might want to pay attention to. The block reward when mining LBRY Credits was constantly increasing in size from 1 to the maximum of 500 LBC over the course of a few months and the reward schedule is such that after peaking at 500 LBC the block reward will start to decrease. This is a good opportunity to catch the peak and mine some coins, especially if you are using Nvidia GPUs where you should give a try of the latest ccMiner from tpruvot. Do note that the project is still in invite mode beta, but there is no problem for you to mine LBC tokens and even trade them on the open market, alternatively you can just buy some of course.

Earlier this month the project has received some serious funding from a venture capital and that is here to show that the potential for LBRY is there and it is really promising idea that only needs to get implemented properly to really have a serious effect on the status quo. If that will happen is yet to be seen, but the project developers promise to open up the beta app by the end of this year (still in invite only mode) – and going to full product release in 2017. The blockchain-based decentralized content-sharing platform geared towards content creators (filmmakers, musicians, writers, or software developers) who want to have full control over their own work that LBRY promises can be a game changer, so make sure you don’t miss the train on this one. Again, there are no guarantees, but the potential is there, so why not give it a try and see for yourself. If you want to sell some of the mined coins you can do so on Bittrex.

– To get more details and early access to the beta of the LBRY Project…

Check Your Profitability with the Siacoin Mining Calculator

14, Jul 2016

siacoin-mining-calculator

In the last few days Siacoin (SC) mining has been picking up with the release of the first public mining pools as prior that only solo mining was possible. The profitability for mining Siacoin and then selling immediately is quite good, so some miners have moved away from mining Ethereum and other altcoins to check out SIA. To get a better idea on what profit you can expect mining Siacoin you can use the simple Siacoin Mining Calculator, all you have to do is enter your hashrate, we would recommend using the Siacoin Go pool miner for AMD and Nvidia GPUs and below you can find some benchmarks for the expected hashrate from various AMD and Nvidia GPUs using the miner (non overclocked):

Siacoin Go Pool miner hashrate:
– GTX 1080 – 1945 MHS
– GTX 1070 – 1466 MHS
– GTX 980 Ti – 1220 MHS
– GTX 970 – 803 MHS
– GTX 950 – 385 MHS
– GTX 750 Ti – 301 MHS
– RX 480 – 872 MHS
– R9 280X – 849 MHS
– R9 290x – 1116 MHS

There are already two public mining pools available – Siamining (Pay Per Share) and Sia Nanopool (PPLNS) that you might want to check out. There are also a couple of different miners, but the best one for the moment seems to be the Siacoin Go pool miner that uses OpenCL, but works on both ADM and Nvidia GPUs. Do note that what makes Siacoin even more attractive not just to mine and sell your coins, but to keep them is that there is a decentralized storage service that actual already relies on these crypto tokens to operate.

– Visit the Siacoin Mining Calculator to check your expected mining profitability…

Siamining – Another Open Public Siacoin (SC) GPU Mining Pool

11, Jul 2016

siamining-siacoin-mining-pool

A few days ago we’ve covered the beta SIA pool from Nanopool, and now there is a second more interesting SIacoin mining pool open for public already available called Siamining. Nanopool is still in beta and apparently has some delays with payments, along with high minimum limits and uses PPLNS payment system, while the Siamining pool does seem to be out of beta already and offers more interesting terms, especially for smaller miners. The Siamining Siacoin pool uses a PPS (Pay Per Share) payment system with a slightly higher fee of 3% (to cover for the higher risk for the pool) and does payments every 6 hours. So no need to wait for a very high minimum balance (2000 SC minimum) or to wait for block confirmations before you get your SC payments sent to you, there is also a Long Polling support to minimize stale shares. We have been testing the pool for about a day already and it does seem to be working quite well already, so we do recommend that you check it out, especially for smaller miners.

Meanwhile we have also done some benchmarks using the Siacoin Go Pool miner (source) that uses OpenCL for mining SC on different AMD and Nvidia GPUs (the miner supports mining on Nvidia using OpenCL) and you can fidn the results below. Do note that Nvidia is generally slower than AMD in terms of performance with OpenCL, however the new Pascal Nvidia GPUs such as GTX 1070 and GTX 1080 manage to do quite well in terms of hashrate. When you factor in the very good profitability mining Siacoin it is worth checking it out, especially if you are wondering shoudl you continue mining Ethereum with the current low exchange rate and high difficulty when there are already some good alternatives such as SIA.

Siacoin Go Pool miner hashrate:
– GTX 1080 – 1945 MHS
– GTX 1070 – 1466 MHS
– GTX 980 Ti – 1220 MHS
– GTX 970 – 803 MHS
– GTX 950 – 385 MHS
– GTX 750 Ti – 301 MHS
– RX 480 – 872 MHS
– R9 280X – 849 MHS
– R9 290x – 1116 MHS

Alternatively you can go for dual mining Ethereum and Siacoin using the latest Claymore Dual Miner with ETH in the main focus and SC as a secondary crypto coin to fully utilize the resources of the GPU you are using. Just a reminder that the dual miner is only for AMD GPUs, so for Nvidia GPUs you still need to go for the SIA Go miner that you can download below (64-bit binary for Windows). A word of warning, the Siacoin miner is pretty heavy for the GPU, so be careful with the temperatures and power usage if your focus was lately on mining Ethereum that does not stress the GPU that much unlike other algorithms. The Siacoin Go Pool miner easily hits the TDP limits of the GPU while mining, so make sure your video cards are cool and that your power supply can handle the load.

– To download and try the Siacoin Go pool miner for AMD and Nvidia GPUs…


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