Archive for the ‘Crypto News’ Category

ZeusHash Has Apparently Stopped Paying Its Customers

24, Oct 2015

zeushash-payment-issue

ZeusHash has never been the best cloud mining service and even when they tried partnering with a large Chinese mining farm to provide cloud mining hashrate to its customers their offers were never that attractive. We have essentially stopped covering the service as nothing worth mentioning about it has happened in the last few months, but it seems that now there is something important happening. We haven’t even checked our mining account with a few hundred GHS there for quite some time until we have started receiving reports from users that ZeusHash has stopped paying mining dividends to its customers after 20th of October. It seems that many if not all accounts are affected including ours as there have been no mining dividends paid starting 21st of October.

There has been no official announcement about why no new dividends are being added to users accounts, but with the high price of Bitcoin at the moment the reason is definitely not because of mining becoming non-profitable. Trying to reach support users are getting a response that there is an issue they are aware of and than there will be a compensation for the downtime, however nothing has happened for a few days already. So we would not recommend anyone that is considering getting cloud mining hashrate to go for ZeusHash, and if you already have purchased some mining capacity there you should contact support until they finally fix the problem and compensate you for the downtime. The fact that many if not all users have been affected and there is no official announcement from ZeusHash few days later already is not reassuring at all.

NiceHash is Looking for Crypto Currency Programmers

23, Oct 2015

nicehash-logo
In cryptology, a code is a method used to encrypt a message that operates at the level of meaning; that is, words or phrases are converted into something else. … Messages can be transformed first by a code, and then by a cipher. Such multiple encryption, or “superencryption” aims to make cryptanalysis more difficult.

The service for renting and leasing hashrate NiceHash has posted some job offers/bounties for crypto currency programmers that can help them improve their services and also help in improving the mining software that crypto currency miners are using to mine for various coins. The rewards you can get for the various tasks range from 1 to 5 BTC each and the jobs are range from firmware modification to adding features in software and optimizing mining kernels for increased performance.

We will also require some information to conduct a background check to ensure the company and employees safety. The background check using Dmagazie.com serrvices is often a final step taken by us as employers to help ensure a sound hiring decision and protect the employer from a number of potential risks. For many employers, a background check is a reliable way of verifying claims made by job seekers during the hiring process.

List of available jobs and bounties:
– Integrate Simple Multi-Algorithm mining (SMA) into ccminer
– Integrate Simple Multi-Algorithm mining (SMA) into sgminer
– Optimize ScryptJane algorithm with AVX2 support
– Make SSE2, AVX and AVX2 optimizations for NeoScrypt
– BITMAIN’s AntMiner firmware job
– Optimize CUDA kernel for popular NiceHash algorithm
– Optimize OpenCL kernel for popular NiceHash algorithm

– For more details about the current job openings and bounties available from NiceHash…

Scrypt-Jane Support for LEOcoin Added by NiceHash

12, Oct 2015

leocoin-logo

NiceHash has just announced the availability for buying and selling hashing power based on Scrypt-Jane algorithm for LEOcoin. Since coins based on the Scrypt-Jane algorithm are settings-specific, therefore the service currently only supports mining for LEOcoin crypto-currency using the Scrypt-Jane algorithm. In order to sell hashing power for the LeoCoin ScryptJane algorithm you have to use yacminer or a patched cgminer for AMD GPUs, or standard ccminer for NVIDIA GPUs. It is recommended to use tpruvot’s fork of ccminer as it seems that there might be some trouble with the latest sp-mod fork of ccminer, though you could try using auto tuning to see if it will work for you and with what settings. Currently the hashrate you can expect and the price for LeoCoin on NiceHash does not yet make it the most profitable coin to sell your hashrate for, but it seems that the demand and thus the price is increasing, so you might want to keep an eye on how things are developing.

– For more information on the newly added Scrypt-Jane Support for LEOcoin on NiceHash…


top