Category: Cryptocurrency

Cryptocurrency – a section of exclusive news about cryptocurrencies and everything related to them.Crazy-Mining.org – A resource about cryptocurrencies, mining, as well as blockchain and decentralized technologies.

How does “Staking” cryptocurrencies work?

You have probably heard of staking if you have been interested in cryptocurrencies for a long time. Staking can be a complex or simple concept for you, depending on how you approach it, just like any other bitcoin topic. In any case, staking can be a reliable source of passive income in the world of cryptocurrencies, as every investor and trader knows.

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Как майнить NEOXA на видеокартах NVIDIA и AMD

How to mine NEOXA on NVIDIA and AMD GPUs

Are you looking for a new coin with passive income in 2022, doing home cryptocurrency mining? Do you want to get an alternative coin with a low capitalization, but great potential? After the ETH 2.0 merger, are you looking for something to mine? Check out NEOXA, a brand new currency for miners who want to benefit from GPU mining in 2022.

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Как проверить кошелек на подлинность? Скачать Wallet.dat с Bitcoin

How to check wallet for authenticity? Download Wallet.dat with bitcoin balance

I think everyone has seen wallet.dat files with lost Bitcoin-QT cryptocurrency wallet passwords on sale. Often they even come with variants or password hints. With the necessary knowledge and enough computing power, one can try his or her luck at cracking wallet passwords and gaining access to bitcoins and altcoins. However, most of these files are fake. So how do you determine if a file is authentic? I will tell you about the ways to verify it.

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Setting up Windows for cryptocurrency mining

Cryptocurrency mining requires high performance. But part of the hardware power is “eaten up” by operating systems. Windows slows down more than other operating systems. As a result, Windows 10 is typically set up to be mined by cryptocurrency miners. Users can improve the speed and stability of the process by configuring various settings.

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How to choose the perfect operating system for mining cryptocurrencies?

When creating mining farms, it is important to consider both software and components. To configure it, you will need the appropriate operating system. This should ensure that the linked visual maps are functioning, the mining program saves processing resources, does not contain viruses and has no weaknesses. It is believed that the best operating systems for mining are Windows or Linux. In addition to them, there are HiveOS, RaveOS and additional software.

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Using the CPU Intel Xeon for mining

Computer mining of digital assets is an outdated and inefficient method. It was used when cryptocurrencies were just beginning to develop, but farms on video cards and ASIC miners quickly took its place. Most networks have become more complex, which makes it unprofitable or even impossible to work in them using a CPU strategy. Let’s look at mining using the Xeon processor as an example: profitability, currencies and how to build a server using one of these chips.

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Features of the Octopus mining algorithm (Conflux CFX)

On Octopus, mining will be carried out only for the Conflux currency (CFX) in 2022. Since the network is not very complicated, you can work with Nvidia 20 series graphics cards. The Octopus mining method actively consumes memory, being resistant to ASIC hardware. These characteristics make it a good candidate for working with a GPU. Octopus is designed to prevent ASIC mining and improve network throughput.

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End of Ethereum mining on Proof-of-Work POW

A group of programmers led by a Canadian engineer Vitalik Buterin has developed the ETH cryptocurrency. The second largest cryptocurrency market in terms of market capitalization is Ethereum, and the coin is considered the most advanced digital asset. Compared to other blockchains using PoW consensus, transactions on the Ethereum network are processed much faster. But flexibility in using automated algorithms is the most significant advantage of Ethereum (smart contracts). It is mined only on video cards. Nevertheless, in the world of cryptocurrencies, there is an opinion that mining on the Ethereum GPU is coming to its end. The end of Ethereum mining is unknown. The transition of the network from the Proof-of-Work consensus mechanism to the Proof-of-Stake algorithm will largely determine the solution of this issue.

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Cloud cryptocurrency mining – What is it and how does it work?

In 2017, due to the hype around virtual assets, the traditional method of mining digital currency gained popularity. This includes the use of computer hardware for cryptographic computing. But technology is expensive, not everyone can afford it. Therefore, it is important to understand what cloud mining is. This is how the rental of computing power is used for cryptocurrency mining. This means that adopting this approach does not require you to purchase mining equipment. Intermediaries hire a Hashrate.

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The viability of CPU-based Ethereum mining

Cryptocurrency mining is still important as Ethereum prepares to upgrade to PoW 2.0. ETH will remain the most widely mined currency in 2022. This resource is more often used on video cards and ASICs due to the complexity of the network. However, in order to strengthen the decentralization of the system, the Ethereum algorithm was originally created for mining on centralized computers. Coinage on the processor became impossible as soon as the size of the DAG file for cryptocurrency reached 4 GB. With the introduction of AVX512 and Adaptive Boost technologies, which provided additional memory (up to 5 GB) for processor cores, the popularity of Ethereum mining on the processor increased in 2020.

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FPGA mining specifications, ASIC, GPU and CPU comparison

The use of integrated circuits of a specialized application (ASIC), a computer processor (CPU), a video card (GPU) and devices with programmable gate arrays are some of the methods used for cryptocurrency mining (FPGA mining). The latter approach is more flexible because the tool can use an algorithm. The article explains adaptive chips, compares them with various forms of mining equipment and lists the advantages and disadvantages of each of them.

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How to mine Ethereum on Ethash

The GPU is used for mining currencies in Ethereum, which is the second largest proof network by market value. Ethereum also has the largest blockchain developer community. Ethereum started working in 2015. This is an open source blockchain in which you can use decentralized applications and implement smart contracts. The Ethereum algorithm is called Ethash. It differs significantly from the BTC mining process.

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