Posts Tagged ‘1gh’

MaxCoin Pools Still Under Constant DDoS Attacks

8, Feb 2014

maxcoin-alternative-crypto

It seems that since the launch of the MaxCoin some of the largest pools that added support for mining MAX cryptos are under constant DDoS attacks and that is preventing the normal mining of the currency by normal users. Not only that this is hurting the trust in the new crypto, but it is generally driving away users from pools, especially if the pools are not prepared for such attacks. As a result of the constant DDoS attacks ypool has announced that they are stopping the MaxCoin mining pool and they were probably the largest MAX crypto pool. Another big pool that reports issues from the DDoS attacks is the 1GH pool, but they are still holding up and have not yet announced that they will give up on MAX.

– For more information about the MaxCoin alternative crypto currency…

Protoshare Mining Test at 1GH PTS Mining Pool

31, Jan 2014

1gh-pts-mining-profitability

After trying out PTS mining at ypool we have also decided to try out another Protoshares mining pool with CPU mining to see if we are going to get better results with the Round-Based Pay Per Share (RBPPS) payment system and the lower 3.5% fee that the 1GH PTS mining pool has. We’ve been testing the pool with GPU miners lately, however for the last 24 hours we tested only with CPU miners to see what profit we are going to get.

The two CPUs we’ve used for mining are:
– Intel Core i5 2500K Quad Core 3.3 GHz
– AMD Phenom II X6 1100T Six Core 3.3 GHz

The 1GH pool we used for PTS mining has:
– 3.5% fee

The total earnings for 24 hour period (confirmed + unconfirmed):
– 0.1169 PTS

The value of the Protoshares mined for 24 hours is as follows:
– 0.00173806 BTC
– ~$1.38 USD

The profit we got from the 1GH PTS mining pool was a bit higher than the one we’ve managed to get for 24 hours at ypool, however the difference in USD is also affected by the BTC/USD and PTS/BTC exchange rates. What is clear however is the fact that there is not much point in mining Protoshares (PTS) with CPU at the moment, if you plan on mining Protoshares then you need to think about going for GPU mining. The 1GH Protoshares mining pool has a very good performing GPU miner that works on both AMD graphics and Nvidia graphics very well. Furthermore the 1GH pool has another advantage over ypool and that s the fact that this pool sends automatically your earnings as long as they are over 0.1 PTS confirmed and in ypool the minimum is 1 PTS.


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