It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
VertCoin hasn’t been doing so good lately due to the coin relying on the kind of outdated Scrypt-N algorithm, though profitability wise it wasn’t so bad to mine and sell immediately at times.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…
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…
Vertcoin (VTC) mining with GPU requires a special miner called vertminer that is essentially a modified version of cgminer 3.7.2. The latest version of verminer 0.5.3 is designed to be used for mining VTC on AMD-based graphic processors. Note that the hashrate you will get by mining VertCoin with this modified mining client will be lower than what you get wen mining traditional scrypt based crypto coins. VertCoin (VTC) uses Scrypt-Adaptive-Nfactor algorithm and not just the standard scrypt algorithm that makes it ASIC proof and harder to mine, but also making it another very interesting alternative to most other alt crypto currencies that are essentially cloning BTC or LTC by using either SHA-256 or Scrypt algorithm. What is important to know is that you will not be able to mine VertCoin (VTC) with the standard cgminer, you need to use this modified version. Below you can find a download link to the latest vertminer 0.5.3 for windows.
– You can download vertminer 0.5.3 for VertCoin Mining for Windows OS here…