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The X25X proof-of-work crypto algorithm has been developed by the SUQA poject, later renamed to Sinovate (SIN) for GPU mining with the idea to be ASIC, FPGA, and Quantum resistant. October last year however Sinovate (SIN) has significantly dropped the mining rewards essentially making X25X mining SIN coins not very interesting anymore for most of the miners. Earlier this year however, on March 1st, the BitCash (BITC) crypto project started in 2018 has made its first hardfork and they have switched the PoW mining logarithm they used from X16Rv2 to X25X. This essentially revived the X25X algorithm, even though BITC is apparently not getting the attention it deserves as it is a really interesting project with a lot of features and is really easy to be used with a lot of the functionality built right into the wallet.
We have decided to give BitCash a go and see how mining works and how X25X support has changes since the last time we mined SIN using the algorithm. Unfortunately there hasn’t been much development and a wider support for the algorithm as it hasn’t been that popular and widely used so far. The main miner is T-Rex miner for Nvidia GPUs that also hasn’t seem much updates in the last half a year or so. The solution for X25X mining support for AMD users is still only one – WildRig Multi, though AMD GPUs do not perform as good as Nvidia for this particular algorithm. Here is an example, a single GTX 1080 Ti does around 6.5 MH/s while for the same hashrate you would roughly need 8x RX 580 AMD GPUs, so BitCash and X25X is definitely more interesting for Nvidia miners.
Almost all of the mining hashrate is split in about half between BSOD and Zergpool with a couple other much smaller pools supporting BITC mining as well, so the two top pools should be the preferred choice. Zergpool has support for solo and party mining that can be interesting alternatives to the standard pool mining for some users, considering that the BitCash network hashrate is currently not that big. BitCash is being traded on multiple smaller crypto exchanges such as STEX, CITEX, Crex24, TOKOK and Graviex. According to CoinMarketCap at the moment BitCash (BITC) has around 300k USD market cap with more than half of that as volume.
– For more information you can check out the BitCash (BITC) crypto project here…
Pigeoncoin (PGN) is one of the first forks of Raven, but instead of using directly X16R it introduced a modified version called X16S. Well, it seems that PGN is changing their PoW mining algorithm form X16S to X21S, another algorithm that has been available for a while introduced by Ritocoin (RITO) which is another fork from Ravencoin (RVN). The switch from X16S to X21S will occur on the 15th of October 2019 at 00:00:00 GMT. We could not find a specific reason for the algorithm change, we would understand if it was using X16R and wanted to get away from the existing ASIC miners, but with X16S. Still, if you are holding PGN in a local wallet make sure you update to the latest wallet version to be ready for the upcoming fork. If you are mining/trading PGN you might want to make sure your pool is ready for the fork and that you not make transactions near the fork time just to be sure that everything goes smoothly first. As for mining – T-Rex and CryptoDredge for Nvidia and WildRig Multi for AMD should be fine, or at least that was what we sued the last time we have mined using the X21S algorithm. For a crypto exchange with support for PGN you can head on to Citex.
– Here you can download latest Pigeoncoin (PGN) wallets to be ready for the fork…
A week ago there was a fork for the BitCash (BITC) project in order to switch to the new X16Rv2 PoW algorithm. Due to some issues however GPU mining ended up not working up properly, so only CPU solo mining was possible for a week and another fork was planned to fix the problem. Today the new fork has happened and the good news is that X16Rv2 GPU mining is now possible after the successful fork. Due to the fork the difficulty of mining BITC is currently lower and you might want to take advantage of this and play around with the T-Rex miner and the X16Rv2 algorithm if you have some Nvidia GPUs and wondering what to mine. As for a good pool where you can mine BitCash on, you might want to check out IceMining or alternatively the second option is to go for GOS.cx…