Posts Tagged ‘Groestl’

New Multi-Algorithm ASIC Miner – The Baikal Miner BK-G28

28, Oct 2018

There is a new more powerful ASIC miner from Baikal Miner that supports multiple algorithms for mining, the new Baikal Miner BK-G28 is a more powerful successor of the previous BK-X model that the company was selling up until recently. The new BK-G28 is almost 3 times faster in terms of performance on all supported algorithms and adds Groestl support on top of the already supported other algos. With the Baikal Miner BK-G28 you can get up to 28 GHS mining performance on X11, Quark, Qubit, Myriad-Groestl, Nist5 and Groestl with varying power consumption. The hashrate for Skein is at 14 GHS and for mining X11Ghost you can expect to get about 3.5 GHS. Baikal Miner is already taking orders for the new hardware, though they do not cite official price for the device yet.

Currently it is most interesting and profitable choice for the new BK-G28 is to be used for the Groestl algorithm, however a big number of these ASIC mines will easily reduce profitability in not time. Mining Groestl in GPUs is obviously getting depreciated, as most likely Baikal Miner will soon add support for Groestl for the owners of BK-X ASICs as well… most likely as son as they sell enough BK-G28s.

– For more information about the new Baikal Miner BK-G28 muli-algorithm ASIC miner…

Mining Rig Rentals Adding Support for New Algorithms

28, Jun 2014

miningrigrentals-new-algorithms

The service offering users to sell their hashrate or rent mining rigs MiningRigRentals has added support for some new algorithms such as the new X15, as well as for Groestl, Nist5 and Keccak. Of course the service offers the quite popular at the moment X11 and X13 mining rigs as well as Scrypt, Scrypt-N and Sha-256, Blake-256 though these can also be found on other alternative services. If you are mining for coins or are willing to sell your hashrate in the service make sure that you are using the latest miners that offer the highest possible performance that were released in the last few days. Currently there are still not many rigs available for renting for the new algorithms, but since the interest in these is increasing we are probably soon going to see more rigs available for rent.

– For more information about the Mining Rig Rentals service for renting crypto mining rigs…

GroestlCoin (GRS) Groestl based cryptocoin

20, Apr 2014

groestlcoin-crypto

GroestlCoin (GRS) is a new cryptocurrency utilizing the Groestl algorithm for Proof-Of-Work. To cut it short essentially GroestlCoin is about one thing – making efficient mining possible for EVERYBODY who wants to mine – whether on an old CPU or a new GPU. The Groestl algorithm is possibly the single most GPU-efficient algorithm implemented in any cryptocoin on the market. A comparison between many different algorithms shows that it has the lowest power consumption, heat, and noise of the array of newer ones being implemented in cryptocoins.

GroestlCoin is also notably accommodating for CPU mining as well, with only a 5x-10x hash difference between CPU/GPU – a much smaller spread than that of Scrypt coins. In essence this means that everybody, especially including those who can’t afford or want to invest in expensive mining equipment, can mine GroestlCoin and get reasonable rewards. Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance.

Website
– http://www.groestlcoin.org/

Block Explorer / Crawler
– http://bitgo.pw:3731/chain/Ultracoin

SPECIFICATIONS

  • Groestl Algorithm
  • Total coins: 105 000 000 GRS
  • Coins per block: 512 GRS
  • Minimum block reward: 5 GRS
  • Block target: 60 seconds
  • Difficulty adjustment: DGW (Dark Gravity Wave)
  • Block reward reduced by 6% every 10080 blocks, which will occur approximately every 1 week
  • Mined coins mature in 140 blocks
  • Premine: 240,640 GRS (0.22918095% total)

DOWNLOADS
– Online Wallet
– Windows
– Mac

Source Code
– at GitHub

PORTS

  • RPC Port: 1441
  • P2P Port: 1331

POOLS
– http://grs.cryptohunger.com/
– https://cpu-pool.net/grs/
– https://grs.suprnova.cc/
– https://www2.coinmine.pl/grs/

EXCHANGES
– Bittrex
– Binance
– Livecoin


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