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Are You Ready For The Ravencoin (RVN) Fork Tomorrow

30, Sep 2019

Tomorrow Ravencoin (RVN) will be forking at 16:00:00 UTC and the fork comes with a change from the current X16R to the new X16RV2 algorithm and you need to make sure you are ready for the switch. First off you need to make sure that you have the latest Raven Core wallet installed (if you do use a local wallet). Mining pools should be updated already or should make sure they are also ready for the switch of the algorithm before the fork occurs, so nothing to worry about that, just make sure that the mining ports and URLs will remain the same after the fork. You would of course also need to update your mining software, depending on the hardware you use, in order to be able to continue mining wit the next X16Rv2 algorithm after the fork occurs. There are already a couple of software miners that announced support for the X16Rv2, though not all of the ones with X16R support are ready for the new algorithm, below are listed the ones that already support X16Rv2 mining on AMD, Nvidia and CPUs.

Nvidia GPU miners with X16Rv2 support:
– z-enemy 2.2 Nvidia GPU miner (1% dev fee)
– T-Rex 0.14.4 Nvidia GPU miner (1% dev fee)

AMD GPU miners with X16Rv2 support:
– teamredminer v0.5.9 AMD GPU miner (2.5% dev fee)

CPU miners with X16Rv2 support:
– cpuminer-opt 3.9.8 CPU miner (free and opensource)

Get Ready for the BEAM Hard Fork Scheduled for August 15th (Block #321321)

13, Aug 2019

The BEAM Project is having a hard fork in about two days and you need to make sure that you are ready for it if you are mining it or are using a local wallet for BEAM. The BEAM Hard Fork is scheduled for block #321321 which should be reached sometime in August 15th and you need to mak sure your wallet is up to date as well as your miner. Make sure you get the latest BEAM wallet if you use a local wallet, if you rely on exchanges make sure they have updated their wallets after the fork before doing any transactions. Some good exchanges to trade BEAM coins include Binance and Gateio.

The BEAM Hard Fork will also come with changes in the algorithm used for mining, the PoW algorithm will change from Beam Hash I (Equihash 150,5) to Beam Hash II (EquihashR variation). And while the new algorithm is still a modification of the Equihash you would still have to use a new miner or an updated one with support for the new algorithm (EquihashR parameters n = 150, k = 5 and r = 3). The initial information suggests that the new BeamHash II algorithms should be faster in terms of hashrate and with lower power consumption on the same hardware compared to the still currently used BeamHash I (Equihash 150,5) algorithm.

The software miner with support for BEAM mining have already started updating with support for the new algorithm, though not all of them already have Beam Hash II available. Our preferred Nvidia BEAM miner – GMiner 1.55 already has support for both AMD and Nvidia miners for the upcoming hardfork and the new BeamHash II algo… there is even an auto-switch function built-in, so that it will switch to the new algorithm after the fork is detected. The latest lolMiner 0.8.6 for AMD GPUs has added support for the BEAM hard fork and there is also an auto switch option available to help you seamlessly move to the new Beam Hash II algorithm. Other popular miners with BEAM support should most likely follow soon with updates adding the new algorithm as well…

Innosilicon Taking Pre-Orders for its G32 GRIN ASIC Miner

26, Mar 2019

Innosilicon G32 Grin ASIC Miner is what seems to be the world’s first ASIC miner that is intended to support GRIN’s Cuckatoo31/32 algorithms. The device is apparently still in development with even the exact specifications not yet announced,though that does not stop the company to already take pre-orders for the first two batches (available only for pre-orders) with $2000 USD deposit (refundable within 2 weeks of final spec announcement) for each miner. Innosilicon will announce the preliminary specifications of the miner should be announced before mid-April, though the device should be with sub 500W of power usage and still unknown hashrate.

It is interesting to note that work on GRIN ASIC miners has already been started with the launch of he crypto currency as it is really still very young one and we are highly likely going to see ASIC mining hardware before the end of the year. Meanwhile however GRIN should work more on their user friendliness as one of the important things seen as a setback for the project at the moment is the lack of a proper wallet for Windows users as well as the not so easy transfer of coins between pools, exchanges and wallets.

– For more details, though not that many yet, about the Innosilicon G32 GRIN ASIC miner…


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