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Ravencoin Classic (RVC) is a Fork Off the Ravencoin (RVN) Blockchain

25, May 2020

It seems that there is a Ravencoin Classic (RVC) fork off the Ravencoin (RVN) blockchain that has happened along the last RVN hardfork when the new KAWPOW algorithm has been adopted by Ravencoin. The thing that differentiates RVC from RVN is the fact that the Ravencoin Classic retains the original X16R mining algorithm that has been introduced with the launch of RVN. The idea to fork from X16R to X16Rv2 and then to the KOWPOW algorithm for Ravencoin is to keep RVN GPU mining friendly and to drive away secret FPGA/ASIC miners as such apparently exist for X16R and X16v2 already. Yet the Ravencoin Classic (RVC) fork that retains the original X16R algorithm and is being described by F2pool (the largest pool to support RVC mining at the moment) with things such as “RVC can be efficiently mined with GPU cards” and “RVC cannot be efficiently mined with CPU or ASIC mining machines”. Surprisingly or not the mining profitability with GPUs of RVC with X16R is currently lower for the same hardware RVN with KAWPOW. If you want to learn more about blockchain technology, check out this Youtube Channel.

Now, regardless if you support the Ravencoin Classic (RVC) or not, as with other forks if you had Ravencoin (RVN) in a local wallet, then you will be able to claim your RVC coins at 1:1 ratio to do whatever you want with them. You just need to copy the wallet data file to a new installation of the RVC wallet, make sure you use the datadir command line parameter to use a custom folder for the Ravencoin Classic blockchain data as otherwise it will try to overwrite the RVN data you have available. The RVC wallet should have replay protection already, though it is always wise to first move your RVN coins to a new address before doing anything with RVC, just to be on the safe side! Ravencoin Classic (RVC) is currently being traded only on the Longbit crypt exchange which is an Asian one (switch to English language in the upper right corer of the screen), though it accepts international registrations. It however requires you to go through an identity verification process before you can deposit and trade coins, so have in mind that you need to pass that as well.

– To visit the official Ravencoin Classic (RVC) fork website for more details…

Dynastycoin (DCY) is Another RandomX Crypto Project

10, May 2020

Dynastycoin (DCY) is another crypto project that has forked to RandomX, initially started a couple of years ago and targeted towards Italian crypto users. Originally a CryptoNight coin when project was conceived, Dynastycoin (DCY) has apparently forked to RandomX near the end of last year around the time Monero has switched to the new algorithm as well. The fact that the project has been targeted towards a specific user base has resulted in limited popularity among non-Italian users. One of the reasons that we have discovered the project just recently as well, so if you are looking for alternative RandomX-based crypto coins you might want to check the coin out. The project hovers around the 1000th place on CoinMarketCap, however the daily volume seems really low as the coin is listed on just a few some smaller crypto exchanges and apparently trading users that are into DCY are now very active.

We remind you that mining RandomX is done mainly on CPUs, there are GPU miners available, but performance is very low compared to CPU mining as the algorithm is designed to be CPU friendly. Owners of AMD’s latest generation Ryzen processors have performance advantage over Intel CPUs as far as RandomX is concerned. Other than that the more CPU cores you have, the better performance you should expect to get with RandomX mining.

– For more information about the Dynastycoin (DCY) RandomX crypto project…

New SRBMiner-MULTI Miner 0.4.4 With Ethash and Ubqhash Support

10, May 2020

The latest SRBMiner-MULTI CPU and AMD GPU Miner version 0.4.4 adds support for Ethash and Ubqhash crypto algorithms and you might want to give the miner ago for these two particular algorithms if you ave a Navi-based AMD GPU (Radeon RX 5500/5600/5700 series) due to optimized kernel from Wolf9466. For other AMD GPUs mining Ethash and Ubqhash might not be the fastest, though you can still give a go on your mining hardware. We prefer to stick mostly to CPU mining with SRBMiner-MULTI as it is one of the fastest options for a number of algorithms and coins such as Micro Bitcoin’s Power2b algorithm. The new version also adds some useful options for the newly added algorithms and comes with some fixes and improvements in general, you can see the full changelog below.

SRBMiner-MULTI CPU & AMD GPU Miner 0.4.4 changelog:
– added ‘ethash’ algorithm
– added ‘ubqhash’ algorithm
– added parameter ‘--esm‘ to set ethash/ubqhash stratum mode for pool (0 – eth-proxy, 1 – miner-proxy)
– added parameter ‘esm’ to pools config (ethash/ubqhash stratum mode for pool (0 – eth-proxy, 1 – miner-proxy))
– added parameter ‘--enable-ethash-leak-fix‘ which tries to workaround AMD driver memory leak when recreating DAG.
– fixed algo switching and tweak_profiles miner freeze bug.
– --gpu-tweak-profile option can now be used with auto gpu setup in cmd.

SRBMiner-MULTI Miner is a closed source miner available for Linux and Windows, supporting CPU mining algorithms as well as some AMD GPU ones. The miner has a built-in developer fee of 2.50% for cryptonight_bbc and minotaur, 2.00% for bl2bsha3, no fee for blake2b and yespowerurx and 0.85% for all others that are supported.

– To download and try the new SRBMiner-MULTI CPU and AMD GPU Miner 0.4.4 Beta…


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