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Ethereum X11

Baikal Adds Algorithms To X11 Miner, Plans More Types In The Future

Baikal Adds Algorithms To X11 Miner, Plans More Types In The Future

Baikal miner has recently updated their X11 miners to support multiple algorithms. The new algorithms, along with X11, are X13, X14, X15, Quark and Qubit. The additional algorithms are an interesting update to their miners.We were able to speak with Baikal about the upgraded miners and more. Could you tell me a bit about Baikal, not much is known? Thanks in advance for giving a great chance to introduce Baikal reputably through your interview. We have been developing the total solution of the miner from 2013 and also have several success stories about Scrypt and SHA256 ASIC. With the rich experiences in ASIC design and miner solution, we started developing X11 ASIC last year and successfully launched our robust and brilliant Baikal miner this year. Baikal team is made up of over 20-years high career members in Semiconductor and IT and especially the entire miner solution from ASIC design to H/W and S/W is Baikal self-developed by the proprietary technology. The development of an X11 ASIC is a big accomplishment. Could you tell me about some of the things you went through in development? X11 uses a chained eleven hash algorithms differently from Scrypt and SHA256 that cause more challenges for the optimization of eleven hash algorithms. While we optimized each hash algorithm, we focused much more on the entire interworking the eleven hash algorithms. We were sure about one shot success of X11 ASIC development through high fault coverage FPGA verification. In the early stage of development, we had a plan to use 90nm node for X11 ASIC process. But we realized that 90nm process couldnt be more competitive at the fab-out time. So we moved to 40nm process leading to more NRE and more development challenges. But we believe in a good decision at this moment. The DASH community Continue reading >>

3 Best Dash Mining Hardware Asics 2017 (comparison)

3 Best Dash Mining Hardware Asics 2017 (comparison)

Its important to stay on top of mining pool updates if you decide to go down this route to ensure that you dont get stuck with a pool that suddenly bumps up its fees. You also dont want to be mining for a pool thats no longer running. Make sure to do the required research to ensure that you receive the rewards that your hashing power deserves. Dash employs the X11 mining algorithm, which comes with a series of positive and negative consequences. The X11 mining algorithm encourages decentralization by discouraging the use of ASIC hardware. At least for the time being, X11 is quite complicated to implement with custom circuits. This means that miners have good reasons to use affordable mining hardware that an average Joe like you and I can set up easily as well. By keeping affordable hardware relevant in the X11 mining game, we find that centralized operations with massive ASIC racks arent justifiable for casual Dash mining. However, keep in mind that this will change in the foreseeable future. X11 mines with relatively low power consumption compared to Bitcoins SHA256 PoW (Proof of Work) algorithm. This means that casual users are more likely to find their power cheap enough for a personal mining project. X11 boasts to be efficient to the point of reducing the strain on your hardware. As a result, youll find that your cards will run cooler than if they worked on Bitcoins SHA256 algorithm, which makes your cards last longer and less prone to abrupt overheating. Although X11 itself is quite widespread, the mining saturation of each individual coin is low compared to the Bitcoin network itself. This means that even though you might find more rewards than when mining, say, Ethereum or Bitcoin, the reward will not be worth as much. While X11 was designed with the intention t Continue reading >>

X11 Mining Rig

X11 Mining Rig

Hello, I will buy some RIG component but i need some advice to build RIG. Amd Radeon R9 280X (x4) -- Most of ppl using this card. ASUS H97-PRO Intel H97 Socket 1140 DDR3 1600 Mhz (PCI-E x1 Slot x2) (PCI-E x16 Slotx2) -- So i can use 4 GPU Unit GSKILL 8 GB (2x4GB) DDR3 1600MHz 1.5v Dual Kit RAM Do i have to buy ATX Tower? Or make RIG? Does any1 have blueprints for RIG And the main question is HASH power? How can i calculate be4 buy ? And i assume i can use these RIG for all coins. Does hash power change based on what we mined ? For example 4.5Mh for LTC, 5 Mh for DOGE? Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. You need powered risers to run those cards. Forget a standard case, you'll have to build some sort of custom frame setup. I'm pretty sure you need a fair bit more power supply to run 4 of those cards AND the rest of the computer, IIRC those vid cards alone will eat about 200-250 watts EACH. No clue who "FPS" is. I strongly recommend staying with a REPUTABLE power supply maker, I.E. Seasonic or EVGA. As I recall some coins use less than the max power the card is designed for, but I don't remember details as I've not bothered even looking at non-ASIC based coins for quite a while due to VERY LOW profitability (if any) and VERY LOW chance to achieve ROI on any of them at the almost 8c/KWH I pay for power where I live. Forget even TRYING to mine anything Scrypt based (like LTC or DOGE) with a GPU. The best GPU rigs started losing money 2+ YEARS ago on Scrypt coins unless you have FREE electric, due to the rise of Scrypt ASIC units - and even with FREE electric, you're going to mine so little your cards will probably die before you pay for them by mining. SHA256 based coin Continue reading >>

Ether Vs X11 : Genesismining

Ether Vs X11 : Genesismining

Code of conduct is under preparation. Until then, be at your best behavior and surely it'll be fine. Want to help us shape the community? Join us at our Discord: created by destruktive mSEVLua community for flarpflarpflarpflarp qBnm0V - Hook a mod up Ace-Hardlight bJP5B8 - Shameless code plug i've noticed the minimum upgrades for Ether and X11 accordingly are sitting at 29.99usd/ 1 Mh/s of Ether mining, whereas X11 contracts negotiate 30.00usd for 5 Mh/s . what is the distinction here...what should one know...i'm comfortable with my understanding of how price and difficulty will potentially affect these 2 yr contracts, but how would Mhashes of Ether translate to Mhashes of X11...? thanks ! i am not a programmer, and this has been a confusing and exciting ride ! thank you ja bless xoxox g0I6yN xoxox i've been upgrading daily, am trying to diversify my mining/strategies for the long term... i.e.- 2 year contracts, etc. ... maybe i'll have 60% SHA, 20% ETH, and 20% X11... thoughts, suggestions, insights, tangents, and speculations are welcomed ! Continue reading >>

First Ethereum Asic Miners Released By Hminers

First Ethereum Asic Miners Released By Hminers

First Ethereum ASIC Miners Released by Hminers Miami, FL, September 01, 2017 --( PR.com )-- HMiners ( ) is now making a strong impact in the global cryptocurrency market with their three powerful mining rigs that have already proven their efficiency in Bitcoin, Litecoin, Dash, and Ethereum mining. The company claims that these are the first ever mining rigs that can run on SHA-256, Scrypt, Etehash, and X11 mining algorithms. Using the H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U from the company, many users have already been able to receive a 100% return on their investment within just one month. In the language of technology, an algorithm is defined as a self-contained sequence of actions capable of carrying out data processing, calculation and automated reasoning tasks. SHA-256 stands for Secure Hash Algorithm, and is the most commonly used algorithm for Bitcoin mining. Scrypt is a multi-layered algorithm that is faster compared to SHA-256 because of its capability to set the hash size to a smaller number, and is used extensively for Litecoin mining. X11 is a relatively new algorithm known for its extraordinary energy-efficiency while mining with a CPU or GPU. The most advanced of all, Ethash is the Proof of Work hashing algorithm for Ethereum mining. Though the field of cryptocurrency has experienced significant developments over the years, not much has been done so far in terms developing mining rigs capable of mining Ethereum. The team at HMiners has spent months in evaluating, prototyping, and extreme-condition pressure testing their three miners before starting their mass production. The most noteworthy feature of these products is their ability to mine Ethereum with extremely high hash rates, while maintaining low power consumption. Many Ethereum miners Continue reading >>

How To Mine Dash | Beginner's Guide To Dash Mining With The Antminer D3

How To Mine Dash | Beginner's Guide To Dash Mining With The Antminer D3

Last updated on February 26th, 2018 at 04:15 pm Dash is an altcoin that focuses on privacy and instant sending (allowing confirmations to be done within a second). Weve covered Dash and how to buy it in the past, today I would like to give you a detailed guide about how to mine it. Unlike Bitcoin, which uses the SHA-256 algorithm for Bitcoin mining , Dash uses a different algorithm called X11. If youre more of a visual person you can watch this video to get started with your Antminer D3 miner (the hardware youll need to mine Dash): Ethereum , Zcash , and Monero mine GPU on coins. But some coins, such as Bitcoin and Dash, are mined with ASIC (Application Specific Integrated Circuits) Miners. These powerful machines are hundreds of times more powerful than GPU rigs. And theyre designed to simply do one thing: mine the algorithm theyre programmed for. Now, some people might ask why you wouldnt just buy the coins directly, as opposed to buying and running an expensive miner. Heres the answer: these machines can be quite profitable over the long term, so theyll continue to bring in mined coins for many months. That said, they typically do have a finite life cycle, which is shorter than GPU rigs. These shorter cycles are due to the impact that ASIC miners have on coins or algorithms after theyre released. They cause the mining network to have difficulty skyrocketing. In other words, everyone gets fewer rewards, in terms of coins. But since GPUs are always around, the changes in difficulty arent as dramatic as the ones that dedicated miners have. This drop in profitability can still be offset if coins gain value, which is exactly what Dash has. So the coins can make you earn more over time. However, this impact should be noted: In a bear market, coin values fall. Therefore, m Continue reading >>

Best Dash Mining Hardware Antminer D3 Review

Best Dash Mining Hardware Antminer D3 Review

Last updated on February 26th, 2018 at 04:16 pm Evan Duffield, creator of Dash (formerly known as Darkcoin, and XCoin before that) stated that Dashs X11 proof-of-work algorithm was intended to reproduce Bitcoins mining development curve. Its controversial 32% preminescam aside, Dash mining has indeed progressed through the familiar phases established by Bitcoin: CPU mining, GPU mining, and now ASIC mining. The Antminer D3 from Bitmain is the currently the most efficient ASIC miner for Dash. The D3s first production run began shipping in mid-2017 and quickly sold out, as it offered a major performance advantage over the competing ASIC and GPU miners. As with Bitcoin and Litecoin ASICs, Bitmain wasnt first to market with a Dash miner; that honor belongs to the iBeLink DM384M , which was released in 1Q16. However, as with Bitcoin and Litecoin ASICs, Bitmains product offers peak electrical efficiency. Duffields intention to mirror Bitcoins mining progression was certainly fulfilled! The D3 achieves an impressive hashrate of 15 GH/s while consuming 1200W of electricity. It realizes an efficiency rate of 1.6 J/MH. This contrasts very favorably with the iBeLink DM384M, which produces only 384 MH/s. To put this into perspective, the D3 gets nearly 40 times the hashrate for only about 1.7 times the power consumption. For a fairer comparison, consider the Baikal Giant-A900 X11 ASIC . The Giant, the former leader of the X11 mining field, hashes at 900 MH/s for only 216W. However, the D3 gets over 15 times thishashrate for less than six times the power consumption. The A900 does, however, have the advantage of being able to mine five more algorithms in addition to Dashs X11. Finally, iBeLinks latest offering, the DM11G , achieves 11 GH/s and draws 810W. This means that it gets 73% Continue reading >>

The Pros And Cons Of The X11 Algorithm

The Pros And Cons Of The X11 Algorithm

Join our community of 10 000 traders on Hacked.com for just $39 per month. Firstly, let me start out by saying that we fully support the X11 Algorithm and that we do believe it is the future formanycoinsoutthere. Especially considering that Scrypt ASICs have already been spotted in the wild , and that there are new ASICs of an expected 250 MH/s ! The X11 Algorithm has its flaws though (cons), but do they outweigh all of the pros? Without further ado, lets take a look at the pros and cons of the X11 Algorithm. Security: The algorithm uses eleven hashing functions from the Blake algorithm to the Keccak algorithm making it very secure which really is needed for coins that do so well for CPUs Effectiveness: The X11 Algorithm gives amazingly fast hashes for both GPUs and CPUs. It also keeps GPUs over 30% cooler making your expensive graphic cards less prone to overheating. The reason? Graphic cards dont require as much processing power in order to mine the coins with this algorithm Power Cost: Due to how effective it is, graphic cards do not require that much power in order to mine it. Therefore, you will see significantly lower electricity costs at the end of the month. This makes coins running this algorithm to be a favorite in places where electricity costs are far from bearable. Mineability: Being more complicated than a SHA256 ASIC implementation, the use of X11 will prevent the use of ASIC miners in the short term to midterm future. It will also allow for a longer period of mining for CPU/GPU users The Intention: Why do I think the X11 Algorithm is great? Its what Satoshi Nakamoto intended Bitcoin to be. It decentralizes hashing power by making it easy to mine through affordable hardware which is what Satoshi Nakamoto originally wanted.(Yes! I think this is a Pro. Inc Continue reading >>

Comparison Of Cryptocurrencies

Comparison Of Cryptocurrencies

The cryptocurrency market is explosive which currently serves hundreds of currencies. Almost all of them are obvious scamsincluding many which purport to have a large market cap. This article aims to list only the most relevant cryptocurrencies in terms of novel technological advancements or strong engineering teams, or due to widespread awareness thereof. Direct, low-level scams should not be listed here. An altcoin based on Bitcoin's blockchain with replay protection and an increased block size limit of 8MB. An unusual emergency difficulty adjustment algorithm causes significant periods of hyperinflation. First cryptocurrency that implemented Satoshi's BitDNS idea. Essentially the first real altcoin. Still under active development. First merged-mined altcoin. Introduced the X11 algorithm, which is just a composite function of multiple hashing algorithms. Had a significant failure mode in the beginning which equated to a majority premine by a small number of Amazon EC2 customers. This means their Master Node algorithm has been in a failure mode from the beginning. Majority premine sale. Source of the ICO bubble. Multiple client implementations which fail against each other in terms of consensus errors regularly. Requires multiple months of time to sync to eth blockchain. Contract-building tools interpret input incompatibly. Continue reading >>

X11 Hashrate - Crypto Mining Blog

X11 Hashrate - Crypto Mining Blog

All About BTC, LTC, ETH, ZEC mining as well as other alternative crypto currencies Ethereum Cloud Mining Hashrate Available from Genesis Mining Again The cloud mining service provider Genesis Mining now offers more Ethereum cloud mining hashrate after briefly being out of stock due to the high user demand. Unfortunately the return of more available Ethereum cloud mining hashrate for sale comes with a significantly higher price per MHS than it was available for before. Previously 1 year mining contracts were available at $17.99 USD per MHS with all included fees for the term of the contract and now the price is set at $44 USD per MHS for the same terms or more than double the old price. One can argue that in the recent days there has been a significant jump in the exchange rate of Ethereums Ether (ETH) coins on the market, more than double, and the performance per GPU is lower because of the increasing DAG size, but it is not clear if this will be a long term price increase or it is just temporary jump. So while at the old price the Ethereum cloud mining contracts were very attractive, but they are not anymore now that their price has been significantly increased will have to wait and see. Meanwhile should you decide to purchase some Ethereum cloud mining hashrate you can get an extra 5% discount from the regular price by using our special promotional coupon code CryptoMiningBlog5 during the checkout. Genesis Mining With New Lower Prices for Bitcoin Cloud Mining Hashrate The Bitcoin network difficulty is skyrocketing lately and as the trend continues buying ASIC miners or cloud mining hashrate at the old prices that were available for the last few months was not a very good idea as the mining profit dropped significantly even though the BTC exchange rate has risen as we Continue reading >>

Bitcoin & Cryptocurrency Mining Contracts | Genesis Mining

Bitcoin & Cryptocurrency Mining Contracts | Genesis Mining

Its hard to review anything when not possible to use it yet due to purchasing with a credit card, but once I am able to use it I will update my review Been sold out of contracts for a while now and Im exited to have finally copped one before theyre gone. So happy for the wonderful opportunity to buy another Ether Contract. I love it - Thank You While we think that Ethereum may turn to POS in the coming future, we have a fantastic future to mine it at a profit with Genesis Mining. If it DOES go to POS instead of mining, then we can move to a variety of alt coins that are nearly as profitable and every bit as much fun. Give Genesis Mining a go and see why it is better than buying coins directly. I think that my purchase was a good thing. And this thing will bring me a lot of benefit. I expect to have a good return for this investiment. Finally the mining contracts are back. It's harder and harder to find mining contract and the Genesis Mining ones are the last decent ones around. Most of them will never payback. I'm using Genesis for 1 year right now and satisfied. Zcash cash priceis riseing, so this pachage is quite profitable, better than buing your own mining sistem at home. Even if PoS starts, there are alternatives.Because I heard that the reputation is good, I have decided mining for the first time as GenesisMining.I am looking forward to April when mining starts. I have bought the etherium and bit coin for the last two years.I am very excited and am very pleased to see the benefits.I have been informing others a lot and invested a lot of people.If I have a chance, I would like to invest and recommend more. I have ETH contract with Genesis for 2 years and one with same Hash rate with a competitor but 1 year contract. Genesis has consistently paid out more than the Continue reading >>

The End Of Dash: Antminer D3 Review

The End Of Dash: Antminer D3 Review

We are used to the thought that X11 algos are mined with equipment which speed is measured in Megahashes per second (MH/s). As an example, the legendary (and expensive) Baikal Giant-A900 Miner delivers 900 MH/s and is considered one of the best (if not the best) Dash ASIC miners so far. Now, what if we could get our hands on a piece of equipment that hashes 15 times faster for the same price? Is this a dream? Yes it is, and it is called the Antminer D3. Recently, Bitmain announced the release of a new miner that is meant to become a game changer. As a result most of us who are mining Dash will no longer be able to do that. To receive the latest updates follow me on social media! I will get to that in a minute. Lets first take a closer look at the Antminer D3 specs: Power consumption: 1200W (at the wall, with Bitmains APW3 PSU, 93% efficiency, 25C ambient temp). Price: $ 2.699 USD, power supply not included in the package. 15 GH/s equals to 15.000 MH/s. If we had to use Baikals Giant-A900s to achieve the same hashrate, we would have to get about 17 of those, which would cost us a whooping 39.000 USD! Many agree that the release of the Antminer D3 is going to kill most of the Dash ASICs we got in our mining farms. Bitmains new ASICs will raise the mining difficulty to a new level. While ASICs like the Giant A-900 will keep hashing the way they did before, the amount of DASH coins we will get per day from them will probably be reduced 10-15 times. Many people got excited about the ROI of the new Antminer D3. By hashing 15 GH/s, the ASIC produces about 6.500 USD per month. This means that as for today, the ASIC got one week ROI. But this wont last long. Once the first batches of the Antminer D3 will be shipped, the mining difficulty will experience a steep increase, which Continue reading >>

Whattomine - Crypto Coins Mining Profit Calculator Compared To Ethereum

Whattomine - Crypto Coins Mining Profit Calculator Compared To Ethereum

Using below table, you can check how profitable it is to mine selected altcoins in comparison to ethereum. Please note that calculations are based on mean values, therefore your final results may vary. For best results fill all fields with your hash rate and power consumption. Input Groestl hash rate, not Myriad-Groestl. Default values are adapted for three 480 cards. Continue reading >>

Mining Pool Configuration

Mining Pool Configuration

A mining pool can be defined in Awesome Miner and be used from multiple miners. To create a new mining pool, use the button New pool... in the toolbar. Pools can also be created from the Options dialog, Pools section, where they also can be modified and removed. For more information on how to define a single pool in Awesome Miner and use it with unique worker names for multiple miners, please see the guide about Pool worker name configuration . The final section of this guides describes how to define Pool Groups . Configuration according to the LitecoinPool web site. stratum+tcp://litecoinpool.org:3333Username: your_username.1Password: 1 The pool configuration is illustrated in Awesome Miner below. Configuration according to the Nicehash web site. For most algorithms (Ethereum and a few more are exceptions), Nicehash expects your Bitcoin wallet address to be specified as the username/worker name in the Pool configuration. Optionally a unique worker name can be specified after the Bitcoin wallet address. Examples with Claymore Etheruem Dual miner The examples below are for the Claymore Etheruem Dual miner. Please also refer to the Bitcointalk thread about Claymore Etheruem Dual miner , as it contains both a complete description of all parameters for the Claymore miner and many more examples similar to those listed below. The pool configuration for Ethereum mining differs between the mining pools, making it a bit more difficult to configure correctly. It's important to follow the exact instructions on the pool web site about when the Worker name and Wallet address fields should be used. Configuration according to the Ethpool web site: EthDcrMiner64.exe -epool eu1.ethpool.org:3333 -ewal . -epsw x Configuration according to the Ethpool web s Continue reading >>

How To Calculate Estimated Profit Using Hashrate?

How To Calculate Estimated Profit Using Hashrate?

How to calculate estimated profit using hashrate? Profit is calculated via the deduction of expenses from income. The income consists of daily payouts which size depends on the hashrate. In order to calculate an estimated income using the hashrate you will need to include it in one of the calculators below (set all Power values to zero): 3. Ethereum - for ETHASH (set all Power values to zero) 4. DASH - for X11(set all Power values to zero) 5. Zcash - for EQUIHASH(set all Power values to zero) Next, deduct the maintenance + electricity fee of 0.0035 USD per 10 GH/s of SHA-256and0.005 USD per 1 MH/s of Scrypt from the income. ETHASH,X11and EQUIHASH contracts are not subject to any fees. The sum you end up with is your estimated profit. Continue reading >>

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