ZENNET, a Blockchain-based Service for Computing Power On Demand

30 Nov
2014

BlockChain is a technology that can and will most likely outlive the crypto currencies, unless of course something even better replaces it in the future. There are more and more services that are popping out that are taking advantage of the blockchain as a technology and may or may not actually use a crypto currency, though for the moment most of them actually do come out with their own crypto currency as well as a payment method for the respective service they offer. ZENNET is another interesting blockchain-based project that has set an ambitious goal to offer an alternative to the large cloud processing power providers such as Amazon, IBM or Microsoft for organizations that do require a lot of computer processing power. By relying on Blockchain technology and leveraging the unused computer power of normal users around the globe it should be possible to provide a more affordable alternative for cloud processing power for the people who need it as well as to make it profitable for ordinary people to earn form their unused computer processing power. They will have their own crypto currency called Zencoin that is supposed to help for the funding of the project and will be used for the payments.

The idea does sound quite good, but as with other new projects and startups in the crypto currency world it needs both funding and time to be realized before anything is actually released as a working system. The same thing applies for ZENNET, they are just starting to build upon their idea and below you can take a look at the roadmap plan they have made public. So if you find the idea interesting and want to invest into the ZENNET you might check their official website for more details, and a word of warning – as with all other kinds of investments you should proceed with caution as there is no guarantee of success.

ZENNET project roadmap:
– Q4’14: Pre-sale campaign launch. Core development.
– Q1’15: Core development. Worldwide corporate and academic marketing.
– Q2’15: Functional beta.
– Q3’15: Zennet release.
– Q4’15: ZenFS beta.
– Q1’16: ZenTube beta, ZenFS release.

– Visit the official ZENNET website for more information about the project…

Nvidia GeForce GTX 970 and 980 Are a Great Choice for Both Mining and Gaming

29 Nov
2014

gigabyte-gtx-980-gpu

The GPU mining is still not dead, however the part where people would go on building new mining rigs with multiple video cards like they did with Radeon R9 280X, 290 and 290X is kind of in the past, or at least for the moment. The community working on AMD mining software has not been very active lately, not like the Nvidia where we have seen a lot of improvement in the miners in terms of hashrate and functionality over the past few months. It was started with the release of the GTX 750 Ti and then the new Maxwell-based GTX 970 and GTX 980 cards, but with the new more powerful cards from Nvidia you can just upgrade and use a single card for gaming and when you are not playing games to leave your system mining some crypto coins. Sure, using a single card will not make you rich from the miner coins, but you can keep the hobby mining part and still have a great gaming video card when you want to play games on it. You can go with two cards in SLI for even better gaming performance and more mining power and the idea is that over the course of time you could at least get back the money you paid for the cards back via the mining. So it all might not be a bad deal for people that are mining as a hobby and are also gamers, unlike GTX 750, the GTX 970 and GTX 980 are much more powerful and perfect choice for the more demanding games. We would recommend to go for non-reference design cards such as Gigabyte’s G1 GTX 970 and GTX 980 cards or other models with Windforce cooler for example, the non-reference high performance coolers do well with overclocking while still remaining pretty silent while operating under load.

If you have been following our updates lately you would have seen a lot of activity from developers on various forks of ccMiner going on and a lot of performance improvements for all Maxwell-based GPUs from Nvidia. There are also useful tools like the NiceHash Control Tool and the new and improved Miner Control that can make things easier for you if you do not want to always be on the lookout for new altcoins and still be able to maximize your profit mining at the right and profitable places. Having just a single or a few GPUs and mining as a hobby does not mean that things should be hard for you, you can go the easy way and sell your hashrate for the best price you can get at services sch as NiceHash. Now may not be the best time to be GPU mining or mining with ASICs for that matter unless you already have made a big mining farm, but if the history repeats itself and Litecoin continues to go the same way that Bitcoin already went through mining with GPUs might yet again become a profitable thing to do in the near future, but we’ll have to wait and see…

Miner Control 1.5.5 Pack for Nvidia GeForce GTX 750 Ti

29 Nov
2014

miner-control-1-5-5-gtx-750-ti

It has been a while since we have released a package using the NiceHash Control Tool ready to be used on Nvidia GeForce GTX 750 Ti GPUs and since that time the tool has been replaced by its author with a new one called Miner Control that has more features and supports other mining pools as well. So we have updated out Nvidia GeForce GTX 750 Ti mining package using the latest ccMiner fork from SP optimized for Maxwell GPUs and with a configuration to be ready to be used along with the new Miner Control 1.5.5 tool.

You can download the package below with settings already set for non-overclocked GTX 750 Ti, if you are going to be using it on multiple card mining rigs you need to multiply the hashrate for the algorithms supported. The package will also function just fine on GTX 970 and GTX 980 cards where you would need to multiply the power usage and hashrate numbers by roughly 3 times to get the correct calculations working. Of course the best thing would be to set the right values for hashrate and power usage in the config file that the mining rig you have will produce. The GTX 750 Ti package is configured to work NiceHash, TradeMyBit, Yaamp and Wafflepool, supporting only the more profitable X11, X13, X15 and NIST5 algorithms.

To be ready to use it you just need to update the account settings for each pool to reflect your BTC payment address and only for TradeMyBit you would need to set your account worker id and your API key for the current prices. Do note that the default configuration that we have left is set to mine from time to time for the author of the software (Miner Control) as a donation alternative, but you can change that setting should you wish to.

– To download the Miner Control 1.5.5 GeForce GTX 750 Ti ready to use pack for Windows…

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