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The AEON Project has been available for a while already, launched back in 2014 using CryptoNight-Lite as Proof of Work algorithm, but apparently a few days ago, on October 25th, there was a successful fork to a new PoW mining algorithm called K12. KangarooTwelve (K12) Keccak is an algorithm that is already available for FPGA and might eventually also be made available for ASIC miners in the future, so it is an interesting move considering what most other crypto projects are doing – getting away from FPGA/ASIC mining and even GPU mining for some lately. According to CoinMarketCap AEON is currently ranked around the 500th place with a market capitalization of around 4 Million USD and a low trading volume of less than 10K daily. It will be interesting to see how will things progress some more days after the fork to the new K12 FPGA algorithm.
If you are interested in mining AEON with FPGA miners, you might want to check out Hash Altcoin’s Blackminer F1 miners, do note however that the mini miners do not seem to currently support the new K12 algorithm. If you are interested in purchasing F1 FPGA miner and have it hosted by Hash Altcoin by the end of this month there is a nice promo with a $500 USD coupon for electricity. You can also use our invitation code ZLOZLA in order to get a $100 USD coupon code for your next order (can be used for electricity costs as well if hosted by them). Some good crypto exchanges to trade AEON coins include Bittrex and HitBTC.
– For more details about the AEON crypto project and its latest fork to the new K12 algorithm…
- In: Crypto Coins
- Tags: Aeon, AEON fork, AEON K12, AEON new algorithm, Blackminer F1 K12, FPGA coin, Hash Altcoin K12, k12, K12 ASIC, K12 coin, K12 crypto, K12 FPGA, K12 FPGA miner, K12 miner, K12 mining, KangarooTwelve, KangarooTwelve ASIC, KangarooTwelve FPGA, KangarooTwelve miner, KangarooTwelve mining
Bismuth (BIS) is apparently the first Python blockchain based around modularity and efficiency with ready-made decentralized applications. It is a project that has been available since 2017, but is not yet very popular with a sum 1 million USD market capitalization and a very low trading volume at the moment, so it might be worth digging a bit more about it. BIS uses a custom Proof-of-Work algorithm plus HyperNodes (PoS implementation), so it ban bi mined using GPUs and you can also stake coins that you have mined as well. The mining reward is dropping however and is scheduled to drop to 0 at block 7,100,000 (there is still time before that happens) and then it will become PoS only.
There are a few exchanges trading BIS, though thy are mostly smaller ones and a number of mining pools available. Do note that there is a GPU miner available for both AMD and Nvidia, with performance apparently scalling well from lower-end to higher-end GPUs. Every pool however uses its own dedicated miner, so you need to firs select a pool and then download the miner they have available. You can check out BIS Pool, EggPool and Noncepool if you are interested in mining. Nvidia miners will probably be more interested, especially with higher-end GPUs like the GTX 1080 Ti than AMD owners of RX 480/580. Bismuth (BIS) coins can be traded on the Graviex and qTrade crypto exchanges.
– If you are interested in checking out the Bismuth (BIS) Python-based crypto project…
The Gulden (NLG) crypto project, an older one available for a few years already originally based on Scrypt Proof of Work algorithm, has switched the mining algorithm. Their new PoW algorithm targeted at CPU mining is called SIGMA and is designed to be ASIC/GPU resistant. The goal of the algorithm switch is to also attract new miners and users for the project as there hasn’t been much development for Scrypt mining for quite some time and mining hasn’t been largely become unattractive for a lot of users not having ASICs and cheap electricity.
SIGMA or Semi Iterated Global Memory Argon is a new and unique algorithm developed for NLG. The algorithm is designed to require more memory, making it impractical for implementation by ASICs rising the price, but not entirely impossible. It is also complicated to make fast hashing parallel on GPUs to achieve much faster performance than on CPU, so CPU mining for now is the only option for mining Gulden coins. It seems that CPU mining is getting a lot more attention lately with RandomX as well and other algorithms like SIGMA.
Moving back to CPU mining means that everyone with a low, or mid to high-end CPU will be able to mine new NLG coins, for the moment there is no pool mining for SIGMA and NLG. Mining is SOLO and done through the official local wallet, so for mining you need to download the latest version and you need to update it anyway if you had some Gulden coins stored in a wallet prior the fork. So make sure you update to the latest available version as there have been some fixes in the last few days after the fork happened on October 16th that fix issues. If you need a good crypto exchange where to trade NLG coins you can head on to Bittrex.