Posts Tagged ‘Vertcoin

vertcoin-vtc-lyra2re

VertCoin hasn’t been doing so good lately due to the coin relying on the kind of outdated Scrypt-N algorithm, though profitability wise it wasn’t so bad to mine and sell immediately at times. This however is hopefully going to change later this month or to be more precise around December 16th when a HardFork of the VTC is expected to happen to a new algorithm – Lyra2RE. The fork will happen at block 208301 and you will have to upgrade your wallet before that to continue using it after the fork. The people behind the development of the VertCoin have published a whitepaper with more information about the Lyra2RE algorithm. Lyra2RE is a chained algorithm consisting of five different hash functions: Keccak, Skein, Groestl, Blake and Lyra2 and working forks of ccMiner and sgminer with support for it should soon be available for GPU miners with both AMD and Nvidia mining rigs. Hopefully this hardfork to a new algorithm will help revive the interest and bring up the price to similar levels it has been at before, hopefully it can successfully follow the footsteps of the FTC fork to NeoScrypt, but we’ll have to wait and see later this month what will actually happen.

For more details about the hardfork of VertCoin (VTC) to the new Lyra2RE algorithm…

vertminer-0-5-4-pre3

Lately everyone with GPU is focusing mostly om mining X11 and we’ve been paying a lot of attention to that crypto algorithm as well, we should however not forget the other crypto algorithms. So today we’ve checked what has been going on lately with Vertminer, the OpenCL GPU miner for mining VertCoin (VTC) and other Scrypt-Adaptive-Nfactor crypto currencies and decided to compile the latest version 0.5.4pre3 (source) and release a windows binary for anyone willing to try it. Below you can find the download link for a compiled windows binary of the latest vertminer 0.5.4 pre3. It includes some slight optimizations of the code, so you might bet a bit better performance compared to the older 0.5.3 release that most people are still using, but don’t expect much of a performance boost.

You can download vertminer 0.5.4pre3 for VertCoin GPU Mining for Windows OS here…

vertminer-for-gpucoin-mining

GPU Coin (GPUC) is a new Scrypt-Adaptive-Nfactor cryptocoin that just recently launched and being a ScryptN crypto coin and not a standard Scrypt crypto simply means that you need to use another miner that supports the coin algorithm. If you haven’t mined for VertCoin, then you might not have used the vertcoin miner which is essentially a fork of cgminer with support for Scrypt-Adaptive-Nfactor crypto currency mining. Below you can find and download vertminer 0.5.3 for mining GPU Coin on windows and start mining as soon as GPUC reaches its 2600th block. This will happen in a few hours and you should start mining the coin only after block 2600, because the blocks before that are all with a reward of 1 GPUC. Starting from block 2600 the per solved block reward will go all the way up to the standard reward of 20000 GPUC, so no reason to start mining before block 2600, unless you just want to test and be sure that everything has been setup and works. Note that when mining for Scrypt-Adaptive-Nfactor crypto currencies such as GPU Coin you will see lower hashrate like for example half of the normal hashrate you will be getting when mining standard Scrypt crypto currency such as LTC for example.


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