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Posts Tagged ‘ETH’

New GMiner v1.71 With Ethash Algorithm Support for Nvidia GPUs

31, Oct 2019

The latest GMiner 1.71 miner has added support for the Ethash algorithm on Nvidia GPUs allowing you to use the miner for mining ETH and ETC for the moment with other coins to be supported in the future. The developer fee of the Ethash algorithm is set at 0.65% instead of the regular 2 percent for other algorithms supported by the miner. Do note that if you are using an Nvidia GPU with GDDR5X video memory such as the GTX 1080 series you should also run the OhGodAnETHlargementPill tool for optimal performance when mining Ethash using GMiner. A quick test has shown that the performance on GTX 1080 Ti with the Pill software running is a little lower than what the latest Claymore Dual Ethereum AMD+NVIDIA GPU Miner v15.0 is capable of delivering, so there might be some more room for improvement in future updates.

The GMiner miner requires an Nvidia GPU with CUDA compute capability 5.0 or later as well as CUDA 9.0 driver support, some algorithms are already supported on AMD GPUs as well, but not all. Do note that GMiner is a closed source miner for Nvidia and AMD GPUs with binaries available for both Windows and Linux, also there is a 2% developer fee built-in the software.

– To download and try the latest release of the Gminer v1.71 Nvidia and AMD GPU miner…

Ethereum’s (ETH) Next Hardfork is Coming at the End of February

13, Feb 2019

The much anticipated Constantinople hardfork of Ethereum was initially planned for the middle of January, however a serious bug was discovered shortly before the time of the fork, so it was postponed. The new date for for Ethereum’s latest network hardfork system upgrade is around 27-28 February (end of the month) or more specifically at block number 7,280,000 (200,000 blocks later than the originally planed block). The hardfork will be in two parts, the first one will include all five EIPs (Ethereum Improvement Proposals) including the problematic EIP 1283, that was the reason to postpone the fork initially, and the second part will be used to remove the problematic EIP 1283. So after the Constantinople and Petersburg hardfork (the two parts we are talking about) the Ethereum network will have the following 4 EIPs active – 145, 1014, 1052 and 1234.

The improvements to the Ethereum network that the new hardfork will bring are numerous and they focus on improving salability, speed and efficiency of the blockchain. There is however a change that is also important to the economics of the Ethereum network and one that is especially important for miners. EIP 1234 is going to adjust the block reward, so after the fork miners will be getting just 2 ETH coins per block instead of the 3 ETH that they are getting at the moment. There isn’t much needed from you to do in order to be ready for the hardfork if you are using or mining Ether, just make sure you update any local wallet or client that you might be running. Also make sure to not make any transactions around the time of the hardfork in order to avoid any possible issues with delayed transactions and lost coins, though normally such problems are not very likely.

Ethereum’s Byzantium Hard Fork is Happening Tomorrow

15, Oct 2017

The Ethereum (ETH) network will be undergoing a planned hard fork at block number 4.37 Million (4,370,000), which will likely occur between 12:00 UTC and 13:00 UTC on Monday, October 16, 2017. Ethereum users should update to the latest version of the Ethereum wallet/Mist if they are using it as well as any of the Ethereum clients – Geth, Parity or Harmony prior to the hard fork in order to be ready. Ethereum websites and mobile applications that allow you to store ether and/or make transactions are running their own Ethereum client infrastructure to facilitate their services and they should be doing the update as well in order to support he hard fork as well.

A hard fork is a change to the underlying Ethereum protocol, creating new rules to improve the system. The protocol changes are activated at a specific block number. All Ethereum clients need to upgrade, otherwise they will be stuck on an incompatible chain following the old rules. Metropolis is a planned Ethereum development phase that includes two hard forks: Byzantium and Constantinople. Byzantium is occurring at block number 4.37M (the hard fork happening tomorrow), while the second part – Constantinople does not currently have a release date, but is expected to happen some time in 2018.

Update: The hardfork has been successful, the new block reward is 3 ETH (down from 5), but also the effective block time and difficulty have pretty much halved, so in the end miners should still be able to get a better profit at the moment compared to before the fork.

– Here is a countdown for the time remaining until the Byzantium Hard Fork of Ethereum…


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