JSEcoin – Javascript Embeded Cryptocurrency for Webmasters

13 Sep
2017

It seems that there is an interesting new cryptocurrency called JSEcoin that is targeted at offering webmasters a different way to monetizing their website traffic. Essentially allowing visitors to the website to mine the cryptocurrency with the help of small piece of javascript code embedded on the blog or website. The algorithm is not very heavy or demanding and the mining process itself does not seem to be taking too much CPU resources (it is CPU only), so the computer remains responsive and working just fine as if it is not calculating anything. This is making it pretty interesting for owners of big websites with more visitors, especially visitors that stay longer, but also makes it easy for regular users that are not yet into cryptocurrencies to actually get into mining this new cryptocoin as it only requires you to open a website and not do a lot of complicated stuff, for more information look at the Bitcode Method site.

At the moment website mining is working and the platform is looking for website publishers that are interested in embedding the mining code to try it out (we are currently testing it here already). Investors are also welcomed with various options available for purchase of JSEcoins at a rate of $1 USD per JSE. Unfortunately there is currently no way to cash out your JSE coins, this should be possible after a planned ICO for around Q2 2018, you will then be able to transfer JSEcoin to exchanges and swap for Bitcoin/USD etc. according to the authors of the project. The platform is currently being integrated with Metamask – a Chrome based wallet which facilitates Ethereum ERC20 transactions and can export private keys for offline storage. This should be released by the beginning of November 2017 and thus provide a wallet available to store coins outside of the JSE platform.

So what is the total amount of possible earnings per day? 1440 coins are currently being distributed to publishers and 720 coins for self-miners on the platform, so a total of 2160 new JSE coins per day are being generated with a bit over half a million coins in circulation already according to the developers of the project (from early September). Out of those tokens 100,000 have been retained by the company and another 400,000 are for the co-founders of the project, so the actual number of coins in circulation in the hands of users is really just a few tens of thousands. According to the whitepaper the Minimum Final Distribution is going to be 10,000,000 and the Maximum Final Distribution: 100,000,000.

The answer to the question is it risky is yes, it is, but then again early adopters do have the chance if things pick up to get a much higher reward for being there right from the start. Our recommendation is just to give it a go and see for yourself, mining locally or through your own website or blog. We are not giving you investment advice here, this is for you to decide, but as far as mining goes you should go and give it a try for sure.

– For more information about the project JSEcoin and to give it a try yourself…

BitMain Apparently Releasing 8x GPU AMD and Nvidia Miners in China

13 Sep
2017

It seems that BitMain is willing to extend its presence from just the ASIC mining market as the company is apparently releasing two new devices for miners that are essentially dedicated GPU miners. For now the devices dubbed G1 with 8x GeForce GTX 1060 GPUs and G2 with 8x Radeon RX570 GPUs are only listed on the Chinese website of the company with prices only in CNY. This means that they are most likely targeted initially for the Chinese miners market and may not be sold outside of the country. Inside the server like cases we are expecting to see mining versions of the GPUs being used as this is the way to go with such solutions intended for large scale mining operations and not for small home miners. As one would expect the devices are targeted at Ethereum (ETH) miners with hashrates listed for the Ethash mining algorithm, though you should in theory be able to mine pretty much any other cryptocoin that can be mined with GPU. The first batch of GPU miners from BitMain is apparently for 500 units of each.

BitMain G1 8x GTX 1060 GPUs:
– CPU: Inter Broadwell-u 3215 or 3205
– Memory: 4GB SO-DIMM, DDR3 / L-1600
– Hard disk: 1 x Msata 64G SSD
– Ethernet: 1 x 10M / 100M / 1000Mbps (Intel I210-AT)
– USB interface: 2 x USB 2.0
– Display interface: 1 x HDMI
– Graphics card: 8 x NVIDIA GeForce GTX1060
– Hashrate: ETH Hash Rate: 200MHash ± 10%
– Carton size: 530mm x 320mm x 160mm
– Weight: 12.5Kg (without power)
– Price: 18700 CNY or about $2863 USD

BitMain G2 8x RX 570 GPUs:
– CPU: Inter Skylake-s G3900-LGA1151, PCH-B150
– Memory: 8GB UDIMM, DDR4 -2133
– Hard disk: 1 x 2.5inch Sata 128G SSD
– Ethernet: 1 x 10M / 100M / 1000Mbps (Intel I210-AT)
– USB interface: 2 x USB 3.0
– Display interface: 1 x VGA
– Graphics card: 8 x AMD Radeon RX570, GDDR5
– Hashrate: ETH Hash Rate: 220MHash ± 10%
– Carton size: 555mm x 445mm x 132mm
– Weight: 15Kg (including power)
– Price: 19700 CNY or about $3016 USD

There is no mention of power usage and what power supplies are included in the miners or you need to take care of this on your own. Based on the description of the miners it is possible that the G1 does come without a PSU (there are external PCI-E power connectors on the chassis) while the G2 may actually have one built-in (judging from the photos), but it is not very clear. No information of the GPUs inside are mining edition cards or not, nor what is the amount of video memory of the video cards used 3/6GB for Nvidia or 4/8GB for AMD. These are all things that people interested in GPU miners would really be interested in and currently they are not being listed as details.

BaikalMiner Baikal Giant X10 ASIC Miner Coming Soon

12 Sep
2017

It seems that BaikalMiner also wants to join in the recent wave of new and much faster second generation X11 ASIC miners with their Baikal Giant X10 that was just announced on their twitter account (still not on the official website). The device is supposedly going to offer 10 GHS hashrate for X11 (DASH) at 800W of power usage as well as Quark and Qubit algorithms initially with lower power usage. Support for X13, X14 and X15 is not available on this device, but there is a mention of a future update that will add 4 new algorithms. The miner will supposedly be available at a price of $1188 USD with deliveries starting by the end of October. It is certainly not the fastest, but pricing does seem pretty reasonable for what you get in terms of hashrate and the extra flexibility in the form of support for additional algorithms is interesting and still unique compared to other X11 only ASIC miners.

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