Posts Tagged ‘RYO

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…

This is an interesting project that is still largely flying under the radar, even though it was started back in 2018. With a sub $300 USD market cap and surprisingly low trading volume due to limited exchanges trading the coin it is not surprise it is not getting the needed attention it deserves. Ryo Currency (RYO) is another interesting attempt at a privacy oriented crypto currency with the project led by fireice_uk and psychocrypt, who are the developers of the xmr-stak mining software and the Cryptonight-Heavy algorithm, although the project currently relies on the first in industry floating point (FP32 math ops) mining algo Cryptonight-GPU. The main idea of the Cryptonight-GPU (CN-GPU) algorithm is to ensure fair GPU mining to all participants in the mining process, regardless if they use AMD or Nvidia GPUs.

Originally most CryptoNight-based algorithms are favoring AMD GPUs and manage to perform better on lower-end AMD GPUs than on higher-end Nvidia GPUs thus not crating the equality needed for fair mining. The Cryptonight-GPU algorithm however manages to offer pretty good equality for both AMD and Nvidia lineups of GPUs, scaling performance from low-end to high-end GPUs regardless if they are AMD or Nvidia ones. This means that if you have a AMD Radeon RX 580 it will not be twice as fast as an Nvidia GTX 1080 Ti as in some CN-based algorithms, instead the Nvidia GPU will be more than twice faster as it is a higher-end product than the specific AMD card. This means that you might actually be interested in mining RYO not only with AMD GPUs, but with Nvidia as well and the higher-end the GPU is, the better performance you will be getting.

It is interesting to note that RYO’s block reward changes every 6-months according to a specific scheme and it is still growing, expecting to reach its peak near the end of this year (mid-November) and then it will start dropping down steadily. The current block reward for RYO is 56.28 coins per block and it will max out at 65.07 RYO for two 6-month cycles before starting to go down again every 6 months. RYO and Cryptonight-GPU can be mined with XMR-Stak, XMRig and SRBMiner – the most popular AMD CryptoNight miners as well as with CryptoDredge for Nvidia GPUs for best performance. There are number of mining pools available with MinerRocks being the largest one at the moment in terms of hashrate.

If you are interested in more details about the Ryo Currency (RYO) crypto project…


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