Download the Latest vertminer 0.5.4pre3 Scrypt-N GPU Miner for Windows

31 May
2014

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Lately everyone with GPU is focusing mostly om mining X11 and we’ve been paying a lot of attention to that crypto algorithm as well, we should however not forget the other crypto algorithms. So today we’ve checked what has been going on lately with Vertminer, the OpenCL GPU miner for mining VertCoin (VTC) and other Scrypt-Adaptive-Nfactor crypto currencies and decided to compile the latest version 0.5.4pre3 (source) and release a windows binary for anyone willing to try it. Below you can find the download link for a compiled windows binary of the latest vertminer 0.5.4 pre3. It includes some slight optimizations of the code, so you might bet a bit better performance compared to the older 0.5.3 release that most people are still using, but don’t expect much of a performance boost.

– You can download vertminer 0.5.4pre3 for VertCoin GPU Mining for Windows OS here…

Bitcoin Price has Risen Back Above $600 USD

30 May
2014

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It seems that the latest positive news such as DISH planning to add Bitcoin payments and the lack of trouble in China lately has allowed the Bitcoin price to start going high again and it has just broke the $600 USD price per Bitcoin. This hasn’t happened since March and the price of Bitcoin is getting close to double the recent bottom that it hit in April when it was down to a about $340 USD. Hopefully this time the Bitcoin exchange rate will remain high and more stable and not be caused to drop down due to some new commotion happening somewhere in the world.

What we are not seeing however is the growth of the exchange rate of Litecoin and with all of the Scrypt ASIC miners getting introduced and shipped to the market at the current exchange rate things do not look so bright for people that have purchased ASICs. In an effort to get the rest of the payment from people that have pre-ordered Scrypt ASICs from Alpha Technology they had to rise the advertised hashrate multiple times to get back the interest from the people. Otherwise a lot of people were considering to cancel their pre-orders, and even now with the new hashrates announced people that have pre-ordered Vipers are still carefully considering. It is easier with Scrypt ASIC miners that are already available as you know you are going to have them in a few days, so the calculations are easier to make.

With the recent spike in interest and price of DarkCoin and generally X11 crypto currencies, already most of the GPU miners have moved to mining X11 crypto coins. In fact lately many of the new coin launches are based on the X11 algorithm and people are already developing more interest in still the not so many X13 crypto algorithm coins as well. So GPU mining is not going to disappear anytime soon as miners just find other alternatives when ASIC miners start hitting the market and start making GPU mining unprofitable.

DISH to Start Accepting Bitcoin Payments from Customers

29 May
2014

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The USA-based DISH Network has just announced that it will become the largest company to accept Bitcoin as a means of payment from customers starting the third quarter of the year. DISH has selected Coinbase as the payment processor for Bitcoin transactions with customers who choose to pay their bill online. The company will use Coinbase’s Instant Exchange feature to exchange Bitcoin payments to U.S. dollars at the moment of the transaction.

“We always want to deliver choice and convenience for our customers and that includes the method they use to pay their bills,” said Bernie Han, DISH executive vice president and chief operating officer. “Bitcoin is becoming a preferred way for some people to transact and we want to accommodate those individuals.”

The Bitcoin payment option will be available for DISH customers choosing to make one-time payments on mydish.com for pay-TV subscription service and of course customers will still have the option to make any payment online via credit card, debit card or bank account.

In fact it is relatively easy for businesses to start accepting Bitcoin payments the way DISH did with the help of a Bitcoin payment processor with the option to exchange the payment from Bitcoins to USD or other currency on the fly. This way the company getting the payment still gets paid the same amount of USD for its services, regardless of the current Bitcoin exchange rate. And the customer paying in Bitcoin will just have to pay a different amount of coins depending on the current exchange rate.

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