Crypto Mining Blog
It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Search
Search Results
Dynex (DNX) is said to be a next-generation platform for neuromorphic computing (computational model patterned on the human brain) based on a ground-breaking flexible blockchain protocol. It consists of participating PoUW miners that constitute a decentralised neuromorphic supercomputing network which is capable of performing computations at unprecedented speed and efficiency – even exceeding quantum computing. Dynex’s proprietary Proof-of-Useful-Work (PoUW) algorithm called DynexSolve enables each miner to perform Dynex Chip computations and in turn get rewarded with DNX coins and anyone that might be interested in taping that computational power to perform neuromorphic computing calculations would need to pay in DNX. A Dynex Chip is described as a neuromorphic chip design, based on ideal memristors. Such a chip cannot be built with current hardware (ideal memristor!) so it is being simulated with ODE integration. It turns out that the simulated circuit shows all desired features (long-range order, instantonic behavior, etc.), and is quite fast when simulated on enough GPUs. There’s a reference implementation on GitHub so everyone can try it.
Dynex is certainly interesting and different than most other crypto projects out there with the goal being not only using computational (mining) power for securing the blockchain network it uses, but trying to actually use that computational power provided by miners for creating a large and decentralized neuromorphic computing platform. The project is still in the works and there are some quirks and issues that get resolved in a timely manner, it is still quite new and more work is probably needed for its goal to be fully realized. Now is also the perfect time to join in early if you are interested.
Since Dynex uses its own custom DynexSolve algorithm you need to use a specially designed mining software that runs on your GPUs called DynexSolve with the current latest version being 2.2.1 (the one you need to use) that supports Nvidia CUDA as well as CPU mining, unfortunately AMD GPUs are not yet supported. The mining software simulates the so-called neuromorphic computing Dynex Chips and it seems to be more of a memory intensive than GPU intensive algorithm. Mining can be done on both Windows and Linux operating systems and it is a wise idea to keep an eye out at the projects Discord server for up-to-date development and any possible issues and fixes being applied. DNX can be mined on a number of mining pools such as mineradnow.space, newpool.pw or neuropool.net among others. If you are interested in trading Dynex coins, then you may want to look on TxBit the only crypto exchange that currently has DNX trading pairs listed.
– For more information about the Dynex (DNX) neuromorphic computing crypto project…
Are you feeling adventurous today, how about joining in a crypto project early on and start mining some SkyDoge (SKYDOGE) coins now? SkyDoge is supposedly a decentralized social network platform built on a Layer 1 blockchain network including sidechains enabled that has been launched just a couple of days ago apparently and mining has just started using a dedicated crypto algorithm called SHAndwich256 (sha256 + sha512 + sha256 instead of sha256 + sha256).
At the time of posting this there have been just about 7000 blocks mined and the project uses 1 minute block time, so pretty fresh and risky. there are of course no exchanges available, so you will have to download and use the official SKY wallet to mine into for now. The total supply of SkyDOGE is 210 Billion with a 50000 SKYDOGE coins block reward, so yes, another one of those high number of coins projects we are seeing a lot lately.
If you are interested in mining SkyDoge (SKYDOGE) you can head on to the Rplant mining pool and make sure you are using the latest beta version of the WildRig Multi 0.35.3 beta GPU miner that supports the skydoge (SHAndwich256) algorithm for both AMD and Nvidia GPUs. The algorithm used by SkyDOGE is also GPU-intensive, so going for higher clock on the graphics processor results in better hashrate.
– Visit the official SkyDOGE project website for more information…
Lately we are seeing lots of new mineable Layer 1 crypto projects that are interesting and promising, as well as some that are not as usual, but after Ethereum’s switch to PoS crypto miners with GPUs are eagerly looking for interesting new and profitable projects to point their hashrate at. NEXA is yet another one of those promising new crypto projects that can be mined with GPUs that we want to point your attention to, it has been launched a couple of months ago, but until recently was largely running under the radar. NEXA could initially be mined only with CPU, but GPU mining was just recently launched and that is what spiked the growing interest in the project significantly. NEXA uses a custom mining algorithm that is also GPU-intensive, meaning that more powerful video cards will have higher hashrate and memory can be downlocked for lower power consumption. It is interesting to note that the project has a very high total coin emission of 21 Trillion, yes, that is a LOT of zeroes with a block time of 2 minutes and 10 Million NEXA coins block reward… apart from that concern definetly worth checking it out and mining some coins.
Up until yesterday NEXA had to be mined on the official Pool137 with the official nxminer (available only for Linux), but now there is also the WildRig Multi 0.35.0 beta miner with support for the nexapow algorithm available (with a 5% dev fee though) for both Windows and Linux GPU miners (Nvidia GPUs for now only, AMD support coming soon). You can also mine NEXA on the Rplant pool, however have in mind that the pool currently has a requirement set for 5000 block confirmations for mined blocks and that means you can wait up to a week to have your mined coins available. Trading of NEXA coins is also already possible on an exchange with currently only Exbitron supporting the coin and with multiple trading pairs for NEXA available – NEXA/EXTO, NEXA/BCH and NEXA/USDT. At the moment the mining profitability is insane with the current price of NEXA, however the catch is that the coins you mine now will be released from the pool for trading in about 5 days!
Update: New WildRig Multi 0.35.1 beta 2 miner is now available with AMD GPU mining support and up to 20% improved hashrate for Nvidia GPUs, so if you are mining NEXA or plan to do so you should get the updated miner.
Update 2: WildRig Multi 0.35.3 beta miner is out now with improved NEXAPOW up to 40% depending on GPU!
– Visit the official NEXA website for more details about the project…