Posts Tagged ‘SUQA

The latest WildRig Multi Beta AMD GPU miner has added support for the MTP algorithm used by ZCoin (XZC) as well as the MTP-TCR varian used by Tecracoin (TCR). The support for the MTP algo also includes AMD’s Radeon 5700 and 5700XT GPUs, so you can try the new GPUs as well if you have mining rigs based on them. TCR is a project many of you may not have heard of, so you might want to check it out – its main idea is centered around Graphene uses, it has started with an ICO and also has Masternodes supported.

The latest WildRig Multi is currently available for Windows, Ubuntu Linux and HiveOS as a closed source binary and with a 2% developer fee built-in by default, though it can be reduced. wildkeccak and mtp-tcr algorithms are with fixed 2% dev fee with no possibility to change by the user.

To download and try the WildRig Multi 0.20.0.2 Beta AMD GPU multi-algorithm miner for Windows/Linux…

The SINOVATE (SIN) project has announced a plan for a mainnet upgrade at block height 262000 or somewhere around October 14th that will introduce a number of changes, including ones that are very important to miners. There is a new wallet version available that you need to download prior to the fork happening in order to continue to use the wallet after block 262000. The upgrade will include a difficulty retargeting algorithm change from DGW2 to LWMA for more security and 51% attack protection, the reorg solution of Ravencoin with 55 blocks for 51% Attack protection, removal of Shadowsend (PrivateSend) anonymity option because of the regulations with Dual-Key Stealth Address Protocol (DKSAP) currently under consideration a an alternative, 375 node limit across all tiers and additional bug fixes for increased stability.

The most important change however, regarding this upcoming fork, is the adjustment in the Bock Rewards. The Treasury Reward will increase from 1.1% to 10% for further project development, marketing and funding of large exchanges while the Proof-of-work (PoW) mining rewards will be decreased from 250 SIN to just 25 SIN. This means that out of 3052.5 SIN generated every two minutes (every block) only 25 SIN or roughly 0.8% will go to miners (ten times reduction of the block reward for miners from 250 SIN). So out fo 3052.5 SIN: 25 SIN for PoW miners, 2750 SIN for Infinity Nodes and 277.5 SIN for the Treasury. This will essentially make mining SIN pretty pointless with such a low reward and result in significant network hashrate reduction, down to just 1/10 is expected from the current level and hence the additional measures against 51% attack being implemented. How will these changes affect the project we are yet to see in a week time.

For additional information regarding the SINOVATE (SIN) block reward changes…

The RavenCoin (RVN) fork has been successfully executed and mining with GPUs is back once more with mining profitability of RVN the highest at the moment among GPU-mineable altcoins thanks to no significant change in the price. The hashrate is now about 5 times lower than before the fork, so most likely the presence of FPGAs and even maybe ASIC miners for the X16R algorithm is really significant. Anyway, apart from z-enemy and T-Rex miners for Nvidia there is a third option available now with X16Rv2 support. The new entry is the just released CryptoDredge v0.22.0 that now supports the X16Rv2 algorithm, like with other closed source Nvidia GPU miners, CryptoDredge also comes with a 1% dev fee for the X16RV2 algorithm. Our quick tests have shown that on GTX 1080 Ti the performance of CryptoDredge miner with X16Rv2 is not as high as on the current hashrate leader T-Rex… it is more like similar to that of z-enemy.

To download and try the latest CryptoDredge v0.22.0 Nvidia GPU Miner…


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