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It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
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After the recent controversy surrounding BitMain and the alleged use of AsicBoost here comes another scandal for the popular ASIC manufacturer. It seems that the company has introduced a backdoor into the firmware of their Bitcoin mining hardware Antminer that allows it to stop miners remotely. Not that they are doing it or will do it at some point, but the ability to do so and control a very large portion of the global mining hashrate is not something that users want. The backdoor is now publicly called and it seems that all recent S9 hardware is affected, and L3, T9 and R4 series hardware are likely to be affected as well.
What is the Antbleed Backdoor:
The firmware checks-in with a central service randomly every 1 to 11 minutes. Each check-in transmits the Antminer serial number, MAC address and IP address. Bitmain can use this check-in data to cross check against customer sales and delivery records making it personally identifiable. The remote service can then return “false” which will stop the miner from mining.
– For more information regarding the Antbleed Backdoor and why it is important…
PascalCoin (PASC) is not a brand new launched altcoin, it has been available for a while already, but the recent addition of the coin to the Poloniex exchange and the high trading volume has sparkled a lot of user interest in the coin. PascalCoin is interesting because of its design to work without a historical operations requirement (no need to download the complete blockchain), yet is still able to control double spending or check balance. PASC is not directly forked from another altcoin and that has its advantages and disadvantages and as a result it is also not very easy to understand how to use it by new users or even ones that already have some experience with other altcoins. This probably also is one of the reasons that there was not much interest in the coin prior to the recent listing on Poloniex, but now new people are rushing in to discover more about it and start mining the coin. You can currently trade Pascal (PASC) coins on TOKOK and qTrade crypto exchanges.
Currently PascalCoin (PASC) only supports solo mining, so you need to have a local running wallet and then run the GPU miner to connect tot he wallet (the latest miner is OpenCL-based), mining with CPU is pointless due to the low hashrate. With solo mining things rely more on the luck you have in the amount of blocks you can mine, but with the current hashrate you might expect to wait something like a day or even two with a 6x GPU mining rig using RX 470/480 video cards and the block reward is 100 coins. Hopefully a pool for mining PascalCoin (PASC) will soon be available as well making things more balanced, especially for people without that much GPU mining power available.
In order to solo mine with the latest PascalCoinMiner v0.2 you need to have a running wallet and then run the miner pointing at the IP address of the wallet running by default on port 4009 (using the -s command line parameter). If you are mining only on a single computer running the wallet you can use localhost, if you want to mine using multiple rigs on a single system running the wallet you will need to use the system’s local network IP address instead. With the -p command line parameter you set the GPU device platform to use (normally it should be 0 for most cases) and with -d you specify the video cards you want to use. The last parameter -n sets the miner name you want to use, below is an example:
PascalCoinMiner.exe -s localhost:4009 -p 0 -d 0,1,2,3,4,5 -n MYNAMEtestMiner
– You can download the latest official PascalCoin Wallet Windows Binary from here…
– You can download the latest official PascalCoin Miner v0.2 Windows Binary from here…
The LBRY Project and the LBRY Credits (LBC) crypto token used by it is reaching an important milestone for the miners and this is a moment when you might want to pay attention to. The block reward when mining LBRY Credits was constantly increasing in size from 1 to the maximum of 500 LBC over the course of a few months and the reward schedule is such that after peaking at 500 LBC the block reward will start to decrease. This is a good opportunity to catch the peak and mine some coins, especially if you are using Nvidia GPUs where you should give a try of the latest ccMiner from tpruvot. Do note that the project is still in invite mode beta, but there is no problem for you to mine LBC tokens and even trade them on the open market, alternatively you can just buy some of course.
Earlier this month the project has received some serious funding from a venture capital and that is here to show that the potential for LBRY is there and it is really promising idea that only needs to get implemented properly to really have a serious effect on the status quo. If that will happen is yet to be seen, but the project developers promise to open up the beta app by the end of this year (still in invite only mode) – and going to full product release in 2017. The blockchain-based decentralized content-sharing platform geared towards content creators (filmmakers, musicians, writers, or software developers) who want to have full control over their own work that LBRY promises can be a game changer, so make sure you don’t miss the train on this one. Again, there are no guarantees, but the potential is there, so why not give it a try and see for yourself. If you want to sell some of the mined coins you can do so on Bittrex.
– To get more details and early access to the beta of the LBRY Project…