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RavenCoin (RVN) Forking to New KAWPOW Algorithm in April

28, Mar 2020

The RavenCoin (RVN) project is up for another fork sometime in April that will change once more the Proof of Work mining algorithm used in order to fend off FPGA and ASIC miners specifically and allow GPU miners to get back to mining the coin. The first fork to change the mining algorithm in October last year changed the initial algo to a new X16Rv2 and while that did drive off ASIC and FPGA miners for a while off the network, it did not help that much on the long run as apparently specialized mining hardware was quickly adapted to the new algorithm. This time the change in the algorithm is more drastic and should make sure that GPU mining on a level playing field for both AMD and Nvidia GPU miners is available for long…

The new algorithm that RVN will be adopting is called KAWPOW and is a derivative of ProgPOW with parameters specific for Ravencoin. The fork is planned for sometime in April, but a specific block time and expected date is not yet chosen. Meanwhile you are welcome to test the new dedicated miner called kawpowminer software that currently only supports mining the new algorithm and you can test it on the RavenCoin testnet using the MinerMore mining pool to make sure you are ready for the fork.

RavenCoin KAWPOW testnet pool:
kawpowminer -U -P stratum+tcp://WALLET.worker@rvnt.minermore.com:4505

The miner is currently available for both Windows and Linux operating systems, though apparently there is not yet official OpenCL binary for Windows, only CUDA. Since the binary releases do not include the required Nvidia CUDA 10.2 libraries you would also need to have the latest Nvidia CUDA Toolkit installed (or at least the runtime libraries from it). Other popular mining software would most likely add the required support for the new algorithm soon before or after the fork to the new algorithm occurs.

Expected performance on stock settings:
– GTX 1050Ti: ~5+ MH/s
– GTX 1060: ~9.5 MH/s
– GTX 1070: ~14 MH/s
– GTX 1070Ti: ~14 MH/s
– GTX 1080Ti: ~24.5 MH/s

We remind you that unlike with Ethash, PROGPOW does not favor lower-end AMD GPUs as it is not so much memory dependent, thus a lower-end AMD GPU will perform similarly to the same level of Nvidia GPU and a higher-end AMD GPU like a similar class Nvidia GPU when using the new KAWPOW algorithm!

Are You Ready for the Grin Hardfork on January 16th

15, Jan 2020

It is time for the next GRIN hardfork that is scheduled to happen tomorrow, January 16th on block 524160. The fork includes an algorithm change of the Cuckarood29 to the new Cuckaroom29, the other algorithm that Grin uses C31 will not be affected by the fork. So if you want to continue mining Grin after the fork with C29 you will need to update your mining software with support for the new Cuckaroom29 algorithm.

AMD GPU miners might want to check out the latest lolMiner 0.9.5.1 that has introduced support for Cuckaroom29 on AMD GPUs with 8GB video memory. Nvidia GPU miners might want to check out the latest GMiner 1.93 that also brought support for Cuckaroom29, but the developer fee is 3% for that algorithm at the moment. The latest GMiner also brings support for Cuckarood29v algorithm (MoneroV), though the dev fee there is a hefty 10%.

Mining Equilibria (XEQ) Using the Cryptonight-GPU Algorithm

9, Dec 2019

Equilibria (XEQ) is an interesting mineable crypto project, a relatively new one, that gives the ability to the owners of XEQ to issue $USDE – a stablecoin redeemable for $1 equivalent of Equilibria… the so called private and decentralized dollar. It is an interesting alternative to the traditional stablecoins we know and use in the world of crypto, so worth checking out. Another interesting thing is that the Equilibria (XEQ) project has forked and is currently using the Cryptonight-GPU algorithm that we know from RYO and we like thanks to the fair GPU mining to all participants in the mining process it offers regardless if they use AMD or Nvidia GPUs, unlike what most other CryptoNight variants.

The difficulty and hasrate for the Equilibria is not that big at the moment, so it might be a good oppotrtunity to jump in and mine some XEQ coins. As already mentioned the project uses Cryptonight-GPU can be mined with XMR-Stak, XMRig and SRBMiner – the most popular AMD CryptoNight miners as well as with CryptoDredge for Nvidia GPUs for best performance. There are a few mining pools available with HeroMiners being the largest in terms of hashrate at the moment. XEQ is also traded on a couple of exchanges already such as TradeOgre, Qtrade and Citex.

– For additional information about the Equilibria (XEQ) crypto project…


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