Posts Tagged ‘RandomX

The BLOC GUI Miner is a beautiful, easy to use, Graphical User Interface (GUI) for mining some of the more popular cryptocurrencies based on Cryptonote vailable for Linux, Windows and MacOS. The project is being developed by Bloc.Money (BLOC) (CryptoNight Heavy-Haven algorithm), so by default it starts by offering you to create a BLOC wallet if you do not yet have one, or mine BLOC if you do, but you also have another option to mine for other supported CryptoNote/CryptoNight crypto coins. Besides BLOC, you can also mine: RYO (RYO), Haven (XHV), Monero (XMR), Conceal Network (CCX), Sumokoin (SUMO), GRAFT (GRFT), Quantum Resistant Ledger (QRL), Lethean (LTHN), X-CASH (XCASH), Masari (MSR), Tube (TUBE), AEON (AEON), ArQmA (ARQ), Iridium (IRD), TurtleCoin (TRTL) and Loki (LOKI) with this miner. You start by choosing the coin to mine, entering your wallet address and then selecting a pool where you want to mine from a list and then you are presented with a nice looking GUI with information about the coin you are mining and your hashrate. You can use the settings button to change things such as your wallet ot mining pool as well as if you are CPU or GPU mining (depending on the version of the GUI you use).

There are two main versions of the GUI miner, one using XMRig as a backend for the mining that supports only CPU mining and one tha uses XMR-Stak that supports both CPU and GPU mining (AMD OpenCL and Nvidia CUDA). Since they use different miners there is slight difference in the supported coins between the two versions: TurtleCoin (TRTL) and Loki (LOKI) are supported only on the XMRig version and Conceal Network (CCX) only on the XMR-Stak one, so have that in mind when choosing. Of course it also depends if you need the CPU only or the CPU and GPU version of the GUI miner, though have in mind that apparently the CPU/GPU version does not support mining on both at the same time and you may need to manually switch between CPU and GPU (CPU mining by default). Do note that the XMRig version supports LOKI as it is the only miner with support for RandomX CPU mining and LOKI uses a variant of the RandomX algorithm (RandomXL). We are hoping to see more RandomX crypto coins getting supported in this easy to use GUI miner as they become available in time as it really makes mining on CPU easy for people new to mining especially with CPU mining getting popular again.

To download and try mining with the latest version of the BLOC GUI miner…

ArQmA (ARQ) is another crypto project that has revealed plans to fork to a new RandomX-based algorithm called RandomARQ. This project has been started in 2018, but is still wit pretty low market capitalization and low trading volume according to data from CoinMarketCap, so there is much room for growth. The ArQmA (ARQ) fork to the new RandomARQ algorithm is currently planned for 8th of November at 23:50:00 at block 303666, though this might not be the final date. The latest XMRig v4.3.0-beta had just added support for the new RandomARQ algorithm with “rx/arq”, so you should be good to go by the time the fork happens should you decide to check out the project. Currently ArQmA (ARQ) uses the CryptoNight Turtle algorithm, so it is still mineable with GPUs. Since RandomARQ is based off RandomX it will be CPU friendly algorithm, so mining after the fork will be done mostly with CPUs due to the fact that the algorithm has been designed to be processor friendly and not GPU, ASIC or FPGA friendly. Some good crypto exchanges to trade ArQmA (ARQ) coins include Citex and Crex.

If you are interested in reading more about the ArQmA (ARQ) crypto project…

The DERO project is one more crypto coin that plans to move from CryptoNight to the new RandomX algorithm most likely before the end of the year. The reason that is cided is to introduce more decentralization and participation to their platform with the move to the RandomX proof-of-work algorithm. Currently DERO can be mined using CryptoNight ASIC miners and this is something the developers of the project are trying to move away from and attract new users with the mining algorithm switch. The new RandomX algorithm should go live on the DERO testnet on October 31, 2019 and soon after that if everything works as expected we could see the main network forking to the RandomX PoW as well. Currently DERO is ranked around 500th place according to CoinMarketCap data with a market capitalization a bit below 4 million USD and has a daily trading volume of about 1/4 of the total capitalization. Some good crypto exchanges to trade DERO coins include Stex, Crex, Citex and TOKOK.

RandomX is a proof-of-work (PoW) algorithm that is optimized for general-purpose CPUs. RandomX uses random code execution (hence the name) together with several memory-hard techniques to minimize the efficiency advantage of specialized hardware. More information about the RandomX algorithm from the official GitHub repository including a benchmark to test performance on CPU mining. Do note that RandomX dos manage to perform better on processors with higher number of cores and threads available and apparently is doing best so far on the latest AMD Ryzen series of CPUs. GPU miners are also available, however performance wise they are similar to what hashrate a lower-end dual core processor can provide, so they are not the best choice for the new RandomX algorithm for the moment.


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