Posts Tagged ‘Protoshares’

Testing Protoshares (PTS) Mining with GeForce GTX 750 Ti

7, Mar 2014

ominer-upcpu-miner-results

The GeForce GTX 750 Ti are performing quite well for Scrypt mining as well as some other algorithms when used with the cudaminer software miner, however there are other crypto algorithms that are not yet supported by the cudaminer, but can bi mined on Nvidia-based GPUs. One such example is Protoshares (Bitshares-PTS) where there are just a few pools and a few GPU miners available and not all pools and GPU miners are compatible with each other. So we decided to try the different pools with their particular GPU miner with support for Nvidia on a GeForce GTX 750 Ti video card to see what works best and where you can get the highest possible performance out of your hardware. The results below are from a GeForce GTX 750 Ti video card running at stock frequencies, overclocking migh help you squeeze a bit more performance from each miner…

PTS Mining Pool – GPU Miner Used – Hashrate:

upCPU - ominer - 568 c/m
Beeeeer - cudaPTSwin - 522 c/m
1GHS - PTSminer - 488 c/m
ypool - jhProtominer - 477 c/m
PTSpool - PtsGPUz - 379 c/m
ProtoSharesPool - PtsGPUz - 375 c/m

It seems that upcpu’s dedicated GPU miner that supports only their own pool is the fastest in terms of performance, however the pool is is Chinese, but since it does not require registration you should be able to easily figure how to work with it. Our favourite English language pool, though with a little less performance is 1ghs’s PTS pool that is also very easy to use. Have in mind that these results are from a GeForce GTX 750 Ti GPU based on the new Maxwell architecture form Nvidia, so on other CUDA-capable video cards the performance you get from each miner may differ. That is why we have packed all of the miners that we have tested in a single archive that you can download and try for yourself to see where your hardware will perform the best. Soon we are also going to be checking out the performance with AMD and OpenCL miners for mining Protoshares.

– You can download the pack of Nvidia CUDA GPU miners for PTS on Windows OS here…

How to Mine Protoshares with CPU and GPU and Where

28, Jan 2014

protoshares-mining

Protoshares (PTS) mining was initially possible only with the use of your CPU, but recently there have been multiple miners released for GPU mining with support for both OpenCL on AMD and CUDA on Nvidia GPUs. The GPU mining clients are providing a much higher calculation rate than what CPUs can, so GPU mining for Protoshares is the way to go at the moment if you want to make some profit. Using CPUs only for mining the profit you will generate in terms of PTS and exchanged to USD will be very low per day, pretty much only able to cover your electricity costs, but with GPU the situation is completely different. If you want to use CPUs for mining a crypto, then we would suggest to go for Primecoin (XPM) where only CPU mining is possible for now.

With Protoshares there are just a few pools available where you can mine and the different pools have their own clients as they use different protocols, though there are some clients that can support multiple pools as well. The good news is that there are already multiple miners for CPU and GPU that might work with most if not all pools for PTS, so you just need to try them out and see what works best and what gives you the highest performance on your mining hardware. This is especially true for GPU mining where the difference in performance between different GPU miners can be up to 100%. With GPU miners however you should also check if they have a developer fee and how bit it is – a percent of your earnings goes to the miner developer.

Ypool.net is the biggest PTS pool at the moment (also supports XPM and few other cryptos), however the pool uses a bit specific mode for calculating your earnings per block and has a 5% fee. The longer you mine, the more shares you will receive. Additionally each share is associated with a different value, called the share value. Depending on how ‘useful’ the share was you will receive more value. At the end of each round your share value will be used to determine how many coins you have earned. Also note than on Ypool’s howto page for mining Protoshares you can only find a CPU miner, though you can also find GPU miners that will work with the pool. Also in order to withdraw your mined Protoshares you need to have at least 1 PTS available in your balance.

1GH is a smaller pool than Ypool, but is growing well and is an easy and simple solution to get you started. It is one of the best pools for GPU mining with a high performance GPU miner available for Windows and Linux, though you can also CPU mine with YAM Miner with optimized miners available on their website. Due to the lower number of miners currently you will need to wait for more time for block solving, but the earnings per block will be higher. The pool earnings per block are based on the number of shares you contribute (Round-Based Pay Per Share – RBPPS) and the pool fee is 3.5%. Payouts here are made automatically when your balance reaches at least 0.1 PTS.

Ptsweb Beeeeer is a very simple plain-text web interface PTS mining pool with no registration required. There are multiple miners for CPU and GPU available that support it, but you need to check what works best on your available hardware. The pools has a 2.5% fee, uses proportional payment system at the moment, and payouts are made when blocks are confirmed (delay of 120 blocks) and you reach at least 0.2 PTS balance.

ProtoShares pool is another simple mining pool with a 3% pool fee, payout according to last round shares sent immediately to your wallet. The mining software recommended by the pool is for CPU mining only, though you might be able to find a GPU miner that will work as well.

PTSpool – 3% fee, 9 hour delay on payments no minimum, and upcpu – 2% fee and 0.1 PTS for automatic payment. These are Asian pools with simpler interface that you would be able to use even if you are not good with their language. Both pools support CPU and GPU mining.

Where you can trade Protoshares (PTS) for other cryptos:
– Bter
– Cryptsy

For more information on pools and CPU/GPU miners for PTS:
– BitShares PTS Mining Support and Pools Forum..

Protoshares (PTS) Alternative Cryptocurrency

25, Jan 2014

protoshares-pts-alternative-crypto

ProtoShares (PTS) now called Bitshares-PTS is an alternative cryptocoin that uses a new Momentum Proof of Work (POW) algorithm that is designed to be GPU and ASIC resistant, so you can only mine them for now by using the processor (CPU). There was even a $5000 USD bounty set by the developers of PTS for anyone who can prove it is vulnerable to GPUs or ASICs, so it is only CPU mining for quite a while for these. However there are already a few implementations taking advantage of Nvidia’s CUDA architecture as well as for OpenCL for AMD GPUs, though we have not yet tested these.

THe idea to use CPUs for mining is a good one if you are already mining with GPUs for scrypt-based coins and want to be able to fully utilize your mining hardware since the load on the CPU is minimal when mining LTC or other scrypt altcoins. When talking about CPU mining the first alternative crypto that comes to mind is the Primecoin and then the Protoshares, we’ve already tested what you can expect from a day of mining XPM and we are soon going to report on our 24 hour PTS mining results. Just don’t expect to have too high profit from PTS mining at the moment, it is just some extra that you can get out of the hardware you probably already own.

Protoshares (PTS) mining pools:
http://ypool.net
http://pts.1gh.com/
http://ptsweb.beeeeer.org/
http://pts.rpool.net/
http://ptspool.com/

Protoshares (PTS) exchanges:
– Binance
– CoinEgg
– Gateio
– Crex


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