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Dynex (DNX) is a Decentralised Neuromorphic Supercomputing Platform

20 Dec
2022

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…

Feeling Adventurous, How About Mining Some SkyDoge (SKYDOGE) Coins

15 Dec
2022

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…

Novo is Another New L1 Crypto Project Interesting for Miners

14 Dec
2022

Novo (NOVO) is another Layer 1 crypto project that is relatively new and that just started generating more user attention after being listed on a crypto exchange for trading. NOVO is another crypto coin that you can mine with your GPUs and that has a pretty large total supply of 840 Billion coins with 2 Million reward per block and a 150 seconds block time, so kind of similar to the NEXA project that we covered recently in that term. NOVO uses a custom mining algorithm – Tagged SHA256 Mining or Sha256DT, one that is still not widely supported by most of the popular miners out there, so getting started mining might be a bit harder for some users at the moment. Although we expect miner software to add support for the algorithm if things pick up further now after the coin is listed on Exbitron for trading… a smaller exchange that is getting more notable due to listing early interesting PoW crypto projects.

Novo started with CPU mining initially, though now you can GPU mine it with both AMD and Nvidia GPUs. AMD GPU miners might want to go for the latest SRBMiner-MULTI CPU & AMD GPU Miner 1.1.3 for sha256dt mining NOVO, although there are other not so good alternatives also available. Nvidia GPU miners should probably head for the Radiator v1.0.0 available for Linux as well as Windows here. Here is an example command line to start mining NOVO on the SuperNovo mining pool:

ccminer.exe -a novo -o stratum+tcp://supernovo.pro:3024 -u YOUR_WALLET_ID -p x

Don’t forget to replace YOUR_WALLET_ID with your wallet address for NOVO. Profitability wise NOVO is currently doing quite good with just a couple of hours to have the mined coins available, so if you are in just for the good profit and not a fan of crypto coins in the Billions supply range you can just mine it and sell, then just like buy Kaspa instead for instance. Currently better to do it that way with the price of NOVO than to directly mine KAS, or you can just mine and hold NOVO long term… it is up to you. The Sha256DT algorithm used by NOVO is a GPU intensive one, so the performance optimizations discussed here lately for other crypto coins such as KAS or RXD should work well here – lowest memory frequency supported, higher GPU clock with GPU clock offset to lower the operating voltage and thus reduce power consumption while retaining high hashrate.

– Visit the official website of the NOVO crypto project for more info…

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