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We have received some questions about a pool available for testing the new Lyra2RE-capable GPU miners before the actual VertCoin (VTC) hardfork to the new algorithm happens from the currently used Scrypt-N. Hashlink has setup a working pool for testing your settings and miners using Lyra2RE algorithm, so you can get ready for the hardfork when it happens in a few days. Do note that this is a testnet pool and it is currently intended only for testing, you will no be mining any real VertCoin at the moment! Also as a reminder, make sure you have updated your VertCoin wallet to the latest version 0.9.0.1 prior to the hardfork.
Using sgminer for AMD with Lyra2RE support:
sgminer -k Lyra2RE -o stratum+tcp://stratum-eu1.hashlink.eu:10031 -u yourworker.1 -p password
Using ccMiner for Nvidia with Lyra2RE support:
ccminer -a lyra2 -o stratum+tcp://stratum-eu1.hashlink.eu:10031 -u yourworker.1 -p password
– For more information about the VertCoin Lyra2RE test pool by Hashlink…
If you are getting ready for the upcoming VertCoin (VTC) fork from Scrypt-N to Lyra2RE algorithm that is planned to happen in about 10 days, then you might want to update your wallet. Since this is a hardfork you will need to upgrade your wallet to the new release 0.9.0.0 and also to be able to continue mining VTC you will have to get the new miners with Lyra2RE support. The good news is that we already have miners for both AMD and Nvidia GPUs available, even though they are early release candidates you cna try them out locally on testnet before the actual fork happens and pools will switch to Lyra2RE mining for VertCoin around 16th this month at block 208301. Below you can find links for the source code of the miners along with official windows binary releases available on GitHub, tpruvot has also added support for Lyra2RE to his ccMiner fork and we are probably going to be seeing more forks with Lyra2RE support getting added soon.
– To download and try the sgminer fork with Lyra2RE algorithm support for AMD GPUs…
– To download and try the ccMiner fork with Lyra2RE algorithm support for Nvidia GPUs…
VertCoin hasn’t been doing so good lately due to the coin relying on the kind of outdated Scrypt-N algorithm, though profitability wise it wasn’t so bad to mine and sell immediately at times. This however is hopefully going to change later this month or to be more precise around December 16th when a HardFork of the VTC is expected to happen to a new algorithm – Lyra2RE. The fork will happen at block 208301 and you will have to upgrade your wallet before that to continue using it after the fork. The people behind the development of the VertCoin have published a whitepaper with more information about the Lyra2RE algorithm. Lyra2RE is a chained algorithm consisting of five different hash functions: Keccak, Skein, Groestl, Blake and Lyra2 and working forks of ccMiner and sgminer with support for it should soon be available for GPU miners with both AMD and Nvidia mining rigs. Hopefully this hardfork to a new algorithm will help revive the interest and bring up the price to similar levels it has been at before, hopefully it can successfully follow the footsteps of the FTC fork to NeoScrypt, but we’ll have to wait and see later this month what will actually happen.
– For more details about the hardfork of VertCoin (VTC) to the new Lyra2RE algorithm…