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Posts Tagged ‘CryptoNightV7’
There are just a few days left until the fork of Monero (XMR) to CryptoNightV7 to make it again ASIC resistant and you might want to be ready for mining it after the fork, especialyl if you have ADM RX VEGA GPUs. So far the latest Claymore’s CryptoNote AMD GPU Miner does not yet have support for CryptoNightV7, but for VEGA GPUs you probably are using XMR-stak (also not ready) or Cast-XMR or the more recently announced Xrig. The last two have already been updated and their latest versions do come with support for CryptoNightV7, so you should update to Xrig 0.8.1 and Cast XMR 0.9.1 in order to be sure you are ready for the fork. Although these miners are optimized especially for VEGA mining, they should work on other AMD RX series of GPUs like 470/480 and 570/580 for example, so until a Claymore adds CryptoNightV7 support you can try using these miners as well. After Monero forks to the new CryptoNightV7 POW other coins are also expected to do the same and remain to be ASIC proof. The upcoming Monero (XMR) fork to CryptoNight v7 is scheduled for block 1546000 which should happen some time around 2018-04-06 (April 4th), so less than 2 weeks left until the fork.
- Published in: Mining Software
- Related tags: Cast XMR, Claymore CryptoNote AMD GPU Miner, CryptoNightV7, CryptoNightV7 ADM miner, CryptoNightV7 GPU miner, CryptoNightV7 miners, CryptoNightV7 mining, CryptoNightV7 mining software, CryptoNightV7 VEGA miner, Monero fork miner, XMR fork miner, XMR-stak, xrig
The controversy surrounding the release of a number of CryptoNight ASIC miners from various manufacturers and the upcoming fork of Monero (XMR) and some other crypto coins to a new ASIC-proof CryptoNightV7 algorithm continues. NiceHash has recently announced that they will continue to support both the old CryptoNight as well as the new CryptoNightV7 algorithms. The service should add support for the new V7 algorithm by the end of the month, probably before the Monero fork planned to happen later this month. Furthermore a new NiceHash Miner that will bring support for the CryptoNightV7 algorithm should also be available soon, so while the updated POW algorithm will be ASIC-proof you would still be able to rent a lot of GPU hashpower apparently.
Other crypto coins that are using the same cryptoNight proof of work mining algorithm are expected to follow suit and also fork to the new ASIC-proof version of CryptoNight, though it would most likely take them some extra time. There are some coins that have already announced their plans to do a hard fork and follow in the footsteps of Monero (XMR), others are still considering and of course there will be some for sure that will remain on the old algorithm that can be mined using the upcoming wave of CryptoNight ASIc miners. Still going for a CryptoNight ASIC miner at the moment is considered very risky and will most likely cost you much more that you would be able to mine back, though there are no guarantees.
– To keep track of the time left until Monero (XMR) hard forks to the new CryptoNightV7…
- Published in: Crypto News
- Related tags: cryptonight, CryptoNight ASIC proof, CryptoNight ASIC resistance, Cryptonight fork, CryptoNightV7, CryptoNightV7 fork, Monero fork, Nicehash, NiceHash CryptoNight, NiceHash CryptoNightV7, XMR fork