In this tutorial, we will cover some of the new features of the Aurigami coin mining program, including: PLY deposit; Bet PLY/WNEAR LP; Receiving other awards.Read More
Tag: Bitcoin BTC
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.Read More
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Computer mining of digital assets is an outdated and inefficient method.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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
The best way to create your own mining pool.
The complexity of digital networks also increases as the use of cryptocurrencies increases. Under some circumstances, the withdrawal of assets in 2022 will be unprofitable. Consequently, miners are pooled. These services distribute the work among the participants and compensate them according to their efforts. For this, pools charge a commission of up to 20% of revenue. Not everyone present agrees with this. Owners of large capacities are looking for opportunities to create their own mining pool. To achieve this, you will need to purchase hardware, develop software, and plan an advertising strategy. The dynamics in the workplace are very competitive. Although this is not necessary, having prior experience with blockchain can help you avoid any mistakes.Read More