Download CUDAminer 2014-02-28 Nvidia GPU Miner for GPU Coin Mining

10 Mar
2014

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If you want to mine GPU Coin with Nvidia GPUs you will need to use the cudaminer software miner. GPUC uses Scrypt-Adaptive-Nfactor and not the standard Scrypt algorithm, so you need to run cudaminer with the –algo=scrypt:2048 parameter and not just with –algo=scrypt. Do have in mind that you should see about half of the typical Scrypt hashrate you get when you start mining for GPU Coin and that is absolutely normal due to the different algorithm being used.

We have tested mining for GPU Coin with a GeForce GTX 750 Ti video card running at stock frequencies and got about 134 KHS hashrate, after overclocking we’ve managed to get up to about 146 KHS. The kernel configuration that we found to work best was T10x24 on the GTX 750 Ti and this is the command line parameters we’ve used to launch the miner:

cudaminer.exe --algo=scrypt:2048 -o stratum+tcp://east1.us.stratum.dedicatedpool.com:3367 -u yourworker.1 -p password -i 0 -l T10x20 -C 1 -H 2

Below you can download the latest version of cudaminer 2014-02-28 for Windows with BAT files ready with the settings for mining GPU Coin, so you just need to configure them with your pool settings and start mining. Note that the default settings are the best for mining with GTX 750 Ti graphics cards, so you might need to change the kernel to another one based on your GPU or just remove the line setting up the kernel to use the autotune feature.

– Download the latest CUDAminer 2014-02-28 Nvidia GPU mining software for Windows…

Checking Out the MarketsCX Litecoin Cloud Mining Service

10 Mar
2014

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If you were looking for the Litecoin alternative of the CEX.io Bitcoin cloud mining and trading service then you may not have to wait much more. We have just found out about a new service that looks and functions very much like CEX, however it is designed only for LTC cloud mining. This new service that has launched just a few days ago is called Markets CX and has started just about a week ago with a month before that for closed beta testing according to the available information. It seems that the service is based somewhere in Asia and to be more precise in mainland China according to the not so man details published about the operation. Furthermore the cloud mining hashrate being offered is apparently provided by 5-chip Gridseed ASIC devices and there is even an option to redeem your cloud mining hashrate for actual hardware (300 KHS per device).

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Of course we have decided to give the service a try as something new and interesting in our search for a good Litecoin cloud mining service. It seems like the most promising and well made from what we have tried for mining Litecoin, so we have decided to start by depositing 5 LTCs and purchasing Scrypt mining hashrate with them. We started with 1 LTC initially just to test and soon after that moved another ~4 Litecoins and the total hashrate we have purchased with them was about 120 KHS. We liked that the deposit confirmations require only 3 confirmations on the network, so you can quickly have the LTCs available on the exchange to buy hashrate with. The current price per 1 KHS is 0.0410 LTC with already over 40000 KHS (40 MHS) available on the exchange, so there is plenty of hashrate available for sale at the moment. We however do recommend to start small as we did and we usually do with new services that we are trying out and if everything works well out for you you can later on buy more hashrate. The good news is that we already got a few hourly earnings credited to our account and we can withdraw them, though we’ll probably reinvest them for more hashrate. We expect that soon the exchange rate will start to get higher as currently the available on the market KHS are probably offered by the service provider at a lower rate and with more demand the price will start to get high. This will allow you to buy now cheaper and sell more expensive later on to get some extra profit if you do not want to invest on the long run.

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And while this new service for LTC cloud mining does seem to look very similar to CEX.io the two are not run by the same people. This new Litecoin cloud mining platform does not yet have a public mining pool where you can mine with your own hardware, or even some real time information about what and how your purchased cloud mining hashrate is performing. For the moment you can only see every hour what your earnings are on the account Balance page, so there is more to be desired here, especially considering that this piece of information is not well described and you need to figure it out by yourself.

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Markets CX does offer a Mining Profit calculator that can give you an idea about when you can expect to break even in. The average return of investment according to the profit calculator is 6-7 months and that does sound pretty good, but the time required to get your invested LTC back can vary. The maintenance fee for the cloud mining hashrate you purchase is currently 7.5% and you can see how much from your earnings are deducted each hour when you get your mining profit credited to your account. So far we are excited by the potential we see in this Litecoin cloud mining service, so we do recommend to take a look at it if you are interested in LTC cloud mining. You can try it out with just a few KHS like we did and we’ll keep you updated on our experience and results from using this new Litecoin cloud mining and trading service. Note that we do recommend to proceed with caution though and not invest a lot of coins initially and give the service some time to prove itself first!

– For more information about the Markets CX Litecoin cloud mining service and to try it out…

Download vertminer for Mining GPU Coin (GPUC) on Windows

10 Mar
2014

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GPU Coin (GPUC) is a new Scrypt-Adaptive-Nfactor cryptocoin that just recently launched and being a ScryptN crypto coin and not a standard Scrypt crypto simply means that you need to use another miner that supports the coin algorithm. If you haven’t mined for VertCoin, then you might not have used the vertcoin miner which is essentially a fork of cgminer with support for Scrypt-Adaptive-Nfactor crypto currency mining. Below you can find and download vertminer 0.5.3 for mining GPU Coin on windows and start mining as soon as GPUC reaches its 2600th block. This will happen in a few hours and you should start mining the coin only after block 2600, because the blocks before that are all with a reward of 1 GPUC. Starting from block 2600 the per solved block reward will go all the way up to the standard reward of 20000 GPUC, so no reason to start mining before block 2600, unless you just want to test and be sure that everything has been setup and works. Note that when mining for Scrypt-Adaptive-Nfactor crypto currencies such as GPU Coin you will see lower hashrate like for example half of the normal hashrate you will be getting when mining standard Scrypt crypto currency such as LTC for example.

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