decredjwallet-gui-wallet

The altcoin Decred (DCR) had a bit of a rough launch and it seems that there might be some work required to optimize things and make them run smoother in terms of block time and difficulty adjustment, still the coin launched with a lot of user interest and large amount of hashrate was thrown at it right from the start. Still one of the major complaints about Decred (DCR) is the lack of GUI wallet and the need to do everything via the console which is a problem for many not so advanced users. Many of you might remember a few months ago when Ethereum has officially launched and the mining started it had the same issue – there was no official GUI wallet available at launch. Decred has an official online wallet that is currently available, however many people are complaining of issues trying to claim their airdrop coins or even do a simple transaction via the web wallet, we’ve had our fair share of issues trying to use it as well. So here comes DecredJWallet (source) to help you with the best thing you can currently use as a GUI wallet for Decred (DCR).

DecredJWallet is a user made Java-based GUI wallet for Decred that interfaces with dcrd and dcrwallet as a backend providing a more user friendly interface for doing simple tasks via a graphical interface such as checking your balance, viewing transfers made or send and receive coins. In order to use the DecretJWallet GUI wallet you need to copy the JAR file of the wallet where your Decred binaries are located and double click it to run it. Then you need to provide the details to connect to the Decred daemon, no need to run it manually, the GUI wallet will do this for you after you provide the connection details. The best thing is that you can just run DecredJWallet on top of already working Decred node and will open your existing wallet if you have generated one already. So if you are having trouble using the online wallet or the command line tools then check out the DecretJWallet as it may be quite helpful and make your life easier, it works on the testnet as well as the mainnet, we have tested it on the main network and it worked just fine.

For more information and to download and try the DecredJWallet Java GUI wallet…

cpuminer-multi-decred

Some people have asked is there is a CPU miner for Decred (DCR), well it turns out there actually is – a version of tpruvot’s cpuminer-multi CPU miner (source) with added support for the Blake-256 14-rounds algorithm used by Decred and support for getwork as the coin does not shave support for stratum for the moment. We have compiled a Windows 64-bit binary for the miner that you can download and try below if you are interested in mining Decred with CPU, although there might not be much point in doing so based on the performance you should expect to bet getting out of the CPU miner. Currently Decred (DCR) has a very high network difficulty and slow block times, so it is not easy to mine with GPU, let alone with CPU. Trying out the CPU miner we are getting around 1.55 MHS per thread on a Intel Core i7 5820K (6 cores 12 threads) for a total of about 18 MHS versus 1.2+ GHS from a GTX 970 or 280X GPU. Still if you want to experiment CPU mining Decred (DCR) you can do so with this miner.

To download the latest 64-bit Windows binary of the cpuminer-multi fork for Decred (DCR) mining…

genesis-mining-new-btc-prices

The Bitcoin network difficulty is skyrocketing lately and as the trend continues buying ASIC miners or cloud mining hashrate at the old prices that were available for the last few months was not a very good idea as the mining profit dropped significantly even though the BTC exchange rate has risen as well. Today Genesis Mining has announced a significant decrease in the price of Bitcoin cloud mining hashrate as well as a reduction in the maintenance fee thanks to the deployment of new mining hardware. The new prices are as follows: $26 USD for 100 GHS ($0.26 per GHS) Lifetime Bitcoin mining plan, $499 USD for 2000 GHS hashrate ($0.25 per GHS) and $2400 USD for 10 THS ($0.24 per GHS). These new prices are for new purchases of hashrate at the service and they also come with new lower maintenance fee of $0.00055 USD per GHS down from the old fee of $0.00069 USD per GHS per day. This should make new purchases of Bitcoin cloud mining hashrate more profitable for the time being, though it seems that the total Bitcoin network difficulty is continuing to grow quite rapidly so you should think well before doing an investment in mining hashrate and that goes not only for cloud mining for BTC.

The cloud mining service still offers X11 cloud mining hashrate as well via GPUs, but it has been temporary out of stock of Ethereum (ETH) cloud mining hashrate due to the high demand that is associated with the recent serious jump in the price of the Ether coins. We are being promised that there will be new GPUs installed soon and more Ethereum cloud mining hashrate should become available for miners that are interested in purchasing such. If you decide to purchase some cloud mining hashrate do not forget that you can get an extra 5% discount from the regular price by using our coupon code CryptoMiningBlog5 during the checkout, so do take advantage from that special offer.

You can get more information about the different Cloud Mining Contracts by Genesis Mining here…

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