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Alternative.me – Crypto Fear and Greed Index

12 Mar
2020

Latest Crypto Fear & Greed Index

The Alternative.me website analyzes emotions and sentiments from different sources and crunches them into one simple number called The Fear & Greed Index for Bitcoin and other large cryptocurrencies. The crypto market behavior is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. The idea of the Fear and Greed Index is simple – to save you from your own emotional overreactions. According to Bittrader research, extreme fear can be a sign that investors are too worried and that could be a buying opportunity, while when Investors are getting too greedy, that means the market is due for a correction.

The different factors that create the value of the Crypto Fear and Greed Index are: Volatility (25%), Market Momentum/Volume (25%), Social Media (15%), Surveys (15%), Dominance (10%) and Trends (10%). The current value of the index is 14 which is considered Extreme Fear and you can see the results in the price drop of Bitcoin and other major crypto currencies in the last few hours. It is interesting to note that yesterdays index was at 17, so Extreme Fear as well (though slightly less than today). Do note that the lower the number, the higher the Fear is, the higher the number, the higher the Greed is. And in situations of Extreme Fear come the good opportunities, though do not forget that risk is also high!

– For more details about the Alternative.me’s Crypto Fear and Greed Index…

Hummer Miner Mars H1 Handshake (HNS) ASIC Miner Details

11 Mar
2020

A few days ago we have mentioned the Handshake (HNS) project and the fact that mining has recently started with GPUs and FPGAs that offer slightly faster hashrate at a bit lower power usage and that ASIC miners are also going to be coming out soon. Now there are more details about the first announced Handshake ASIC miner available from the Chinese ASIC manufacturer Hummer Miner with their device up for pre-order. The Hummer Miner Mars H1 ASIC should be offering 80 GH/s hashrate with 2000 Watts of power usage (25 Watt/GHs efficiency) and is priced at 12600 CNY or roughly about $1800 USD with shipping expected to start mid-June and not in May as previously expected. This gives some additional time for miners with GPUs and FPGA’s from Hashaltcoin to stock up on HNS coins before ASIC miners hit the market, even though profitability is already getting lower day by day as we are seeing.

– For more details about the Hummer Miner Mars H1 Handshake ASIC Miner (CN)…

New GMiner 2.00 With Support for ProgPoW (SERO) Algorithm

9 Mar
2020

The latest GMiner 2.00 miner adds support for the ProgPoW algorithm used by the Super Zero (SERO) project. SERO’s use of the ProgPow mining algorithm is not new,but apparently it has lately caught more attention of users and hence more happening around the project lately. There is a catch however, the ProgPow support of Gminer requires you to have the latest Nvidia CUDA Toolkit installed or you will be getting the “Failed to initialize NVRTC library” error message wen trying to run the miner software for mining SERO. This is a few gigabytes of installation package, though in theory you can get the smaller network installer and select to install only the Runtime Libraries and not the full package that includes unnecessary data as far as mining is concerned and no actual CUDA software development is required… nevertheless it is bothersome requirement for a mining software. Older algorithms supported by the miner should work fine without the CUDA Toolkit, so it is a requirement only if you want to mine SERO with the latest GMiner.

The GMiner miner software was originally only an Nvidia GPU miner, although some algorithms are already supported on AMD GPUs as well. Do note that GMiner is a closed source miner for Nvidia and AMD GPUs with binaries available for both Windows and Linux, there is a 2% developer fee built-in the software.

– To download and try the latest release of the Gminer v2.00 Nvidia and AMD GPU miner…

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