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The Size of the Bitcoin Blockchain Data Files is Already Over 40GB

15, Jun 2015

bitcoin-blockchain-data-files

If you are using the Bitcoin Core wallet to store your Bitcoins locally on your computer you have probably noticed that the Blockchain data files have already passed the 40GB mark (about 40.8 GB at the moment). With the increasing number of transactions happening on the network the increase of the files will continue to grow constantly and this is another aspect that will cause issues for users. Apart from the serious file size there is another aspect, the time needed to synchronize the Blockchain data from scratch is quite big and it is not only dependent on the harddrive’s speed, but also on the CPU you’ve got to process all the data. If you are using the default data directory on your C drive you might be experiencing some free space issues, especially if you use a smaller SSD system drive. The solution for this would be to move the Blockchain data files to another drive and run the Bitcoin Core client with the datadir parameter pointing it to the drive an folder you have moved the data files.

Alternatively you can go for a lighter version of a wallet that does not need all of the Blockchain data stored locally such as MultiBit or Electrum. And then there is also an alternative in the form of an online Bitcoin wallet, there are multiple options available to choose from such as Coinbase, Xapo and many others. Another interesting alternative for long term investments is to use your Bitcoins, or at least some of them, to buy Gold or Silver for example from a trusted precious metals dealer accepting BTC. Then there are also many other ways to invest Bitcoins, but you should be careful as there are quite a lot of scams out there promising very high and very fast returns on your investment, so you should be extra careful with such offers.

GlobalBoost (BSTY) Altcoin Giveaway from Crypto Mining Blog

13, May 2015

globalboost-giveaway

We like the GlobalBoost (BSTY) alternative crypto currency that uses Yescrypt algorithm for mining, so we have decided to run a giveaway of some coins for free to everyone interested in checking it out. The BSTY started as a CPU-only crypto coin, but recently we have seen GPU miners for Nvidia and AMD getting released as well, though they still need some performance optimization. For the moment CPU mining is still faster, especially if you have an up to date multi-core processor that is sitting idle and waiting to be put to some good use such as mining.

So getting back to the GlobalBoost (BSTY) giveaway, all you have to do to take part in it is to post your BSTY wallet address in the comments below and you will get 50 BSTY coins sent to you – that is the reward you get if you mine a single BSTY block. Do note that since the all of the coins will be sent manually to you it may take some time before your reward is sent, but normally it should not take more than a few hours. Only one reward per user is allowed, so please do not abuse our giveaway – we have prepared enough coins to give away, but we reserve the right to cancel the giveaway at any time we decide.

The giveaway is now over, the total GlobalBoost coins sent to users – 2600 BSTY

– For more information about the GlobalBoost (BSTY) alternative crypto currency….

New ccMiner fork by Djm34 with NeoScrypt and Yescrypt Support

2, May 2015

ccminer-djm-edition-yescrypt

We have compiled a Windows binary for the new ccMiner fork by djm34 (source) that now has support for NeoScrypt and Yescrypt GPU mining on Nvidia-based video. Our Windows binary is compiled with VS2013 and CUDA 6.5 and supports Compute 3.5, 5.0 and 5.2 GPUs, you can download and try it from the link below, there is an example BAT file setup for testing hashrate for the two new algorithms. We are getting more than 1100 Hashes per second on GeForce GTX 980, so better than the performance from a Radeon 280X with the sgminer fork. On a GeForce GTX 750 Ti we are getting very good performance as well with close to 600 Hashes per second or slightly less than on Radeon 280X. Do note that there is still more to be desired from the GPU miner as it is not faster than mining Yescrypt with an up to date CPU, for example a single Intel Core i7 5820K CPU achieves around 5.1 KHS mining GlobalBoost-Y (BSTY).

– To download the new ccMiner by djm34 with NeoScrypt and Yescrypt support for Windows OS…


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