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Pigeoncoin (PGN) is one of the first forks of Raven, but instead of using directly X16R it introduced a modified version called X16S. Well, it seems that PGN is changing their PoW mining algorithm form X16S to X21S, another algorithm that has been available for a while introduced by Ritocoin (RITO) which is another fork from Ravencoin (RVN). The switch from X16S to X21S will occur on the 15th of October 2019 at 00:00:00 GMT. We could not find a specific reason for the algorithm change, we would understand if it was using X16R and wanted to get away from the existing ASIC miners, but with X16S. Still, if you are holding PGN in a local wallet make sure you update to the latest wallet version to be ready for the upcoming fork. If you are mining/trading PGN you might want to make sure your pool is ready for the fork and that you not make transactions near the fork time just to be sure that everything goes smoothly first. As for mining – T-Rex and CryptoDredge for Nvidia and WildRig Multi for AMD should be fine, or at least that was what we sued the last time we have mined using the X21S algorithm. For a crypto exchange with support for PGN you can head on to Citex.
– Here you can download latest Pigeoncoin (PGN) wallets to be ready for the fork…
This is an interesting project that is still largely flying under the radar, even though it was started back in 2018. With a sub $300 USD market cap and surprisingly low trading volume due to limited exchanges trading the coin it is not surprise it is not getting the needed attention it deserves. Ryo Currency (RYO) is another interesting attempt at a privacy oriented crypto currency with the project led by fireice_uk and psychocrypt, who are the developers of the xmr-stak mining software and the Cryptonight-Heavy algorithm, although the project currently relies on the first in industry floating point (FP32 math ops) mining algo Cryptonight-GPU. The main idea of the Cryptonight-GPU (CN-GPU) algorithm is to ensure fair GPU mining to all participants in the mining process, regardless if they use AMD or Nvidia GPUs.
Originally most CryptoNight-based algorithms are favoring AMD GPUs and manage to perform better on lower-end AMD GPUs than on higher-end Nvidia GPUs thus not crating the equality needed for fair mining. The Cryptonight-GPU algorithm however manages to offer pretty good equality for both AMD and Nvidia lineups of GPUs, scaling performance from low-end to high-end GPUs regardless if they are AMD or Nvidia ones. This means that if you have a AMD Radeon RX 580 it will not be twice as fast as an Nvidia GTX 1080 Ti as in some CN-based algorithms, instead the Nvidia GPU will be more than twice faster as it is a higher-end product than the specific AMD card. This means that you might actually be interested in mining RYO not only with AMD GPUs, but with Nvidia as well and the higher-end the GPU is, the better performance you will be getting. The crypto exchanges that support RYO currently are Trade Ogre and Crex.
It is interesting to note that RYO’s block reward changes every 6-months according to a specific scheme and it is still growing, expecting to reach its peak near the end of this year (mid-November) and then it will start dropping down steadily. The current block reward for RYO is 56.28 coins per block and it will max out at 65.07 RYO for two 6-month cycles before starting to go down again every 6 months. RYO and 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 number of mining pools available with MinerRocks being the largest one at the moment in terms of hashrate.
– If you are interested in more details about the Ryo Currency (RYO) crypto project…
- In: Crypto Coins
- Tags: CN-GPU, CN-GPU AMD miner, CN-GPU miner, CN-GPU Nvidia miner, CryptoDredge, CryptoDredge CryptoNight-GPU, cryptonight gpu miner, CryptoNight Heavy, Cryptonight-GPU, Cryptonight-GPU AMD miner, Cryptonight-GPU Nvidia miner, fair GPU mining, fireice_uk, Miner Rocks, MinerRocks, psychocrypt, RYO, RYO AMD miner, Ryo Currency, RYO miner, RYO mining, RYO mining pool, RYO Nvidia miner, XMR-stak, XMR-Stak CryptoNight-GPU, XMRig, XMRig CryptoNight-GPU
A week ago there was a fork for the BitCash (BITC) project in order to switch to the new X16Rv2 PoW algorithm. Due to some issues however GPU mining ended up not working up properly, so only CPU solo mining was possible for a week and another fork was planned to fix the problem. Today the new fork has happened and the good news is that X16Rv2 GPU mining is now possible after the successful fork. Due to the fork the difficulty of mining BITC is currently lower and you might want to take advantage of this and play around with the T-Rex miner and the X16Rv2 algorithm if you have some Nvidia GPUs and wondering what to mine. As for a good pool where you can mine BitCash on, you might want to check out IceMining or alternatively the second option is to go for GOS.cx…