Archive for the ‘Crypto News’ Category

Another new addition of algorithm by the NiceHash platform for selling and buying hashrate for various crypto algorithms with ZCoin’s MTP algorithm now supported by the service. Unfortunately sellng your hashrate for MTP on NiceHash is only possible on Nvidia with their latest NiceHash Miner Legacy or you can just download the and extract just the ccminer_mtp folder and use the ccminer fork from djm34’s MTP miner with NiceHash support (the original version from djm34 does not support NiceHash).

Unfortunately no other miner currently supports the MTP algorithm on NiceHash for the moment, that covers both the latest WildRig Multi for AMD that has MTP support temporary removed, though it should be back, not the sgminer Fork With MTP Support From djm34. The latest CryptoDredge 0.17.0 miner that also supports the MTP algorithm also does not yet support mining on NiceHash with that particular algorithm for Nvidia GPUs.

Furthermore the ccminer mtp fork for NiceHash that is included in the latest NiceHash Miner Legacy does not seem to be very stable and reliable. Our initial results with it are not very good as if it starts properly on a system with GTX 1080 Ti it works fine for a couple of minutes and then starts returning errors… that is if it starts properly and on some machines it does not even start mining properly. So there is definitely more to be desired regarding MTP support on NiceHash, hopefully third parity miners with MTP support will soon provide updates to work o NiceHash as well and offer better stability.

The new AMD Radeon VII (gfx906) GPUs are about to start hitting the market any moment now with a recommended end user price of $699 USD in USA or 739 EURO in EU. We just got a tip that these new 7nm GPUs from AMD with 16GB HBM2 video memory are able to deliver about 90 MHS for Ehereum’s Ethash algorithm out of the box without any overclock. This is possible with the latest Claymore Dual GPU Miner v12.0, so really out of the box performance very close to the 90 MHS mark for Ethereum. So the new HBM2 memory with 4096-bit memory bus and 1000 MHz (effective 2000 MHz memory clock) seem to be doing quite well for memory intensive crypto algorithms.

We are of course still about to see what the performance for GPU intensive algorithms is going to be and this might also need some specific optimizations for the new GPUs in order to get the maximum performance. With the presence of 3840 stream processors the new Radeon VII GPUs should have plenty of raw power available for GPU-heavy lifting including, but not limited to crypto hashing. We are quite pleased to see the good memory performance for Ethash and expect good results for other algorithms as well, so hopefully very soon more performance data for crypto mining for the new AMD Radeon VII will surface…

Ledger has announced their new crypto hardware wallet named Ledger Nano X and have started taking pre-orders for the new device. The new Ledger Nano X is a Bluetooth-enabled hardware wallet with built-in battery that will be able to also connect to your smartphone and not only to your computer as was with the previous generation Ledger Nano S. According to Ledger the new wallet promises better security, even with the wireless connectivity option, as well as an improved user experience and design. Ledger also launched the Ledger Live Mobile app, which allows Ledger Nano X users to manage secure transactions, install and uninstall apps, and check their real-time balances on the go. It will also enable Ledger Nano S users to check their balance in read-only mode. Ledger Live Mobile will be made available in the App Store and Google Play on January 28th.

The new Ledger Nano X has a Bluetooth feature that easily and reliably connects through the Ledger Live Mobile app, which allows users to connect the device to their smartphone, providing increased mobility without sacrificing security, though we are still a bit concerned about the wirelesses connectivity option. The new Ledger Nano X can store up to 100 crypto assets from more than 1100+ supported, which is six times more capacity than the Ledger Nano S, and includes an improved interface with a larger screen to make things easier for the user. The Ledger Nano X costs $119 USD to pre-order now and shipping is expected to start in March.

For more details on the new Ledger Nano X mobile-friendly hardware crypto wallet…