Crypto Mining Blog

The Japanese GMO Internet Group has been venturing into the crypto business with ASIC mining, but now they are apparently also wanting to get into the GPU mining as well will the release of Cryptknocker software miner. A closed source Equihash 200,9 Nvidia GPU miner claiming to be the fastest in terms of hashrate that can be used for mining ZCash (ZEC) or other crypto currencies using the “original” Equihash mining algorithm. Similar to other closed source mining solutions GMO is charging a developer fee for their software from everyone that uses it, the dev fee is 2%, the same amount that the miner apparently manages to be faster compared to other alternatives. The Cryptknocker by GMO miner is available for both Linux and Windows operating systems.

Everything may sound Ok until you realize that the Cryptknocker miner only supports Equihash 200,9 mining on Nvidia GPUs and that particular parameter set is already in the domain of ASIC miners such as the Antminer Z9 or A9 Master. So why release a closed source GPU miner now and with a developer fee built in for an algorithm that is already being mined by specialized mining hardware with a much faster speed than what a GPU can do. Maybe GMO has plans to extend the supported Equihash parameter set with other variations that are still ASIC resistant in the future, but if they don’t, then this piece of software is really pointless and maybe just a PR stunt.

– For more about the Cryptknocker Equihash 200,9 Nvidia mining software by GMO (Japanese language only)…