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The BSHA3 project was apparently revealed last year, however it seems that the original developer of the coin has abandoned his work and a bit earlier this year it has been revived as a community supported project. BSHA3 is apparently the first crypto coin to use the SHA3d algorithm (like SHA3-256, but two iterations each time – in the spirit of Bitcoin’s SHA-256d). Other than the different algorithm the coin follows Bitcoin’s math with 50 BSHA3 coins per block, 10 minute block time and 21 million coins to be ever mined in total. The original chain relied on 2016 block difficulty adjustment as well, though that apparently caused it to get stuck at a point, so the new community fork at block 20418 with the new LWMA 3 difficulty algorithm was made available to fix the problem and restore the network.
There are already a number of mining pools available as well as few small exchanges that have listed the coin, though it seems that currently the mining is being dominated by a single Asian mining pool. There is a miner forked from ccminer for Nvidia GPUs available for the SHA3d algorithm available. Also the algorithm is already available for mining on FPGA devices as well, the HashAltcoin Blackminer F1 series do have support for SHA3d, though that does not bring that much advantage over a high-end GPU mining rig in terms of performance compared to ASICs for example. If you are looking for an exchanges to trade BSHA3 coins you can try Citex.
– For more details about the BSHA3 SHA3d community supported crypto coin…
Another new addition of algorithm by the NiceHash platform for selling and buying hashrate for various crypto algorithms with ZCoin’s MTP algorithm now supported by the service. Unfortunately sellng your hashrate for MTP on NiceHash is only possible on Nvidia with their latest NiceHash Miner Legacy 1.9.0.15 or you can just download the bin_1_9_0_15.zip and extract just the ccminer_mtp folder and use the ccminer fork from djm34’s MTP miner with NiceHash support (the original version from djm34 does not support NiceHash).
Unfortunately no other miner currently supports the MTP algorithm on NiceHash for the moment, that covers both the latest WildRig Multi for AMD that has MTP support temporary removed, though it should be back, not the sgminer Fork With MTP Support From djm34. The latest CryptoDredge 0.17.0 miner that also supports the MTP algorithm also does not yet support mining on NiceHash with that particular algorithm for Nvidia GPUs.
Furthermore the ccminer mtp fork for NiceHash that is included in the latest NiceHash Miner Legacy does not seem to be very stable and reliable. Our initial results with it are not very good as if it starts properly on a system with GTX 1080 Ti it works fine for a couple of minutes and then starts returning errors… that is if it starts properly and on some machines it does not even start mining properly. So there is definitely more to be desired regarding MTP support on NiceHash, hopefully third parity miners with MTP support will soon provide updates to work o NiceHash as well and offer better stability.
NiceHash hasn’t added new algorithms for a while now with ZHash being the last new addition in early December last year, so it is interesting that they have added support for BEAM now. This is both good and bad news for some people as the profit for selling your BEAM (Equihash 150,5) hashrate on NiceHash might bring you nice direct profit in BTC, but for the people mining BEAM directly is is not such good news as the hashrate has increased significantly and thus the difficulty is higher as well and less coins are being mined. Pool owners with BEAM support might be interested in checking out the BEAM NiceHash support specs in order to make sure that their pools will be compatible with hashrate coming from the service.
We have already tried some of the popular mining software with NiceHash and it seems that there are no problems connecting and using Bminer and Gminer on Nvidia GPUs does seem to work without problems (remove the SSL option from both miners), however the latest lolMiner for AMD does not seem to support NiceHash mining at the moment in its latest version. The algorithm that BEAM uses is Equihash 150/5, so other miners supporting that algorithm should in theory be compatible with NiceHash as well, though there is no guarantee for that.
- In: General Info
- Tags: Beam, BEAM support, Equihash 150-5, Nicehash, NiceHash BEAM