Posts Tagged ‘Beam

The first halving of BEAM is scheduled to happen after a year of existence of the project on January 4th, 2020 or in just about 3 weeks from now. Earlier this year the project had its first hardfork successfully executed and now it is the time for the first block reward halving. Currently the block reward for BEAM is 100 coins out of which 80 go to miners and the other 20 go to the BEAM Treasury, after the firs halving it will be 40 coins for miners and 10 for the Treasury. It is important to note that the first BEAM block reward halving is happening just 1 year after the project start, but the next one will be in 4 years and will continue to be every four years. After year 5 there will also be no more coins going to the BEAM Treasury, everything will be for miners, so instead of 20 coins miners will be getting 25 from year 5 to 8th, then 12.5 and so on.

In just 1 year BEAM will have 52,560,000 coins emitted with 20% of them in the BEAM Treasury, this is 20% of the total supply of 262,800,000 BEAM coins to be ever made available. After the second halving in another 4 years the total percentage of the available BEAM coins will be 60% as a part of the rapid initial availability of coins in order for the BEAM’s coin emission to get closer to that of Bitcoin’s. So if you are betting on BEAM in the future you may need to act now and take some action in order to get prepared before the first fork, either in terms of trading or mining. Again, we remind you that the second fork will be in 4 years, only the first one that is coming very soon is after 1 year…

For more information about the privacy-oriented crypto project BEAM…

The latest GMiner 1.80 miner adds support for the Cortex algorithm used by the Cortex (CTXC) AI on Blockchain crypto project as well as support more Ethash coins along the recently introduced support for Ethereum: Pirl (PIRL), Callisto (CLO), Metaverse (ETP) and Expanse (EXP). Do note that the DevFee on the Cortex algorithm is currently set at 5%, which is higher compared to the regular 2% for the other supported algorithms, though this is to be expected since the official Cortex liner is only for Linux and GMiner seems to be the first with Windows support. When mining Cortex if you get a weird “Write timed out” error you might need to lower the intensity from the default 100 value, use the -i option with a value for each GPU separated by space (single value will be just for the first video card). It also seems that the power usage for the GPU when mining Cortex is lower than the max TDP value at the moment (further optimizations possible?), so the mining video cards are using less power and run cooler.

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 v1.80 Nvidia and AMD GPU miner…

The latest GMiner 1.74 miner has introduced significant performance improvements for Cuckatoo31 algorithm used by GRIN according to the mining software’s developer. We are seeing some improvement on GTX 1080 Ti and with Cuckatoo31 for GRIN and on NiceHash currently performing well compared to everything else in terms of profitability for GPU mining it might be worth giving the new miner a go. Below you can find some official performance results from GMiner’s developer on different Nvidia GPUs using the latest version 1.74, so that you can compare with your own hardware. Do note that this update does not yet include dual mining CKB+ETH, still only Eaglesong mining alone is possible.

Cuckatoo31 performance on stock GPU settings:
– Palit GTX 1070 Dual 8GB ~0.86 G/s
– MSI GTX 1080 SEA HAWK EK X 8GB ~0.96 G/s
– Gigabyte GTX 1080 Ti AORUS Waterforce WB Xtreme Edition 11GB ~1.64 G/s
– MSI RTX 2070 Armor 8GB ~1.33 G/s

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 v1.74 Nvidia and AMD GPU miner…