Archive for the ‘General Info’ Category

Monero’s planned upcoming hardfork to the new CryptoNight/CryptoNote V8 proof of work algorithm is going well and will just about a day left and miners already supporting the V8 algorithm people are getting ready to mine XMR. Even services such as MiningRigRentals where you can rent or lease mining rigs are already supporting the new V8 algorithm with rigs available. NiceHash however has also added support for V8, including support for their latest NiceHash Miner, so you can expect quite a lot of hashrate after the fork coming from the service.

The SUQA project that we recently introduced is continuing to gain more interest from users and its X22i algorithm has just been added to MRR. The good news for miners is that X22i is still too new and not big enough to catch the interest of NiceHash, though if things continue this way it will happen sooner or later. Anyway, SUQA is developing nicely with network hashrate growing as more users join the mining process and the project is progressing well on their announced roadmap, even though there is still some skepticism surrounding the 10% developer fee from each mined block.

You can check the MiningRigRentals service for more details on available algorithms and rigs…

Kryptoez is a new startup in the form of an online store specializing in cryptocurrency themed socks, currently available are 3 different models – DigiByte (DGB), Monero (XMR) and of course Bitcoin (BTC). Kryptoez launched with 3 socks styles, but they do plan to have 8-10 different models by early 2019, so more is coming if there is interest. If you want to be in crypto style all around then crypto socks are a must too, so feel free to support Kryptoez by getting a pair of crypto socks if you like the idea and their products like we do. Currently the store accepts the following cryptocurrencies: DigiByte, Bitcoin, Monero, Litecoin, Ether, Bitcoin Cash and Dogecoin. Also accepted are fiat via VISA, Mastercard, PayPal, American Express, Google Pay and Apple Pay.

To get more information and order a pair of Kryptoez crypto socks…

Those of you that have been into the world of crypto for longer than two years probably remember the Israeli Bitcoin mining hardware manufacturer Spondoolies-Tech that has shut down its operation back in early 2016, well, the company seems to be back with the same team and a new ASIC miner. This time however Spondoolies Tech is not going for the Bitcoin ASIC market, instead they have announced a very powerful and pretty expensive X11 ASIC miner. Spondoolies Tech SPx36 is a new deice that supposedly can deliver 540 GHS X11 mining hashrate with 4.4 kW of power usage, giving you an efficiency rate of 8.1 J/GHs, but at a hefty price of $15500 USD and with deliveries scheduled for October 2018.

Spondoolies Tech SPx36 Specifications:
– Hash rate: 540 GH/s (+/- 10% at 25 °C)
– Power usage: 4400 W
– Efficiency: 8.1 J/Gh/s
– Operating temperature: 5-35 °C
– Dimensions with PSU handles: 595 x 434 x 88 mm
– Gross Weight: 19.5 kg
– Warranty period: 180 days

Even though the news about Spondoolies Tech getting back in business and their new product being interesting specs wise, the serious price tag with the current market conditions are not going to make the device very attractive for most miners. With the current market situation the miner would be capable of mining about 10 DASH coins or roughly 10% of the price of the device per month, so not terribly bad, but still may not be worth the risk for many people. It is up to you however to decide if an investment in Spondoolies Tech SPx36 is worth or not in your own specific case.

For more details about the new Spondoolies Tech SPx36 X11 ASIC miner…


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