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Category Archives: Crypto Mining

Bitconnect – Control Finance – Genesis Mining Which is a scam?

Bitconnect – Control Finance – Genesis Mining Which is a scam?

Source: Crypto Jack

OR Blockchain Investments: August Performance and the Future of Currency

OR Blockchain Investments is proud to say September´s returns were $125.54 or 0.0264 BTC/share representing 7.40%-9.22% depending on the price of shares purchased. The price of BTC rallied enormously to reach an all-time high of 5000 USD. Difficulty was getting ready to jump up along with it, but we saw a lot of hash power go into Bitcoin Cash mining operations, therefore avoiding a bigger increase. Upper price pressure was mostly do to North Korea/ USA Nuclear tensions while downward pressures reflected fear of yet another fork while developers incessantly argue about the best path to bitcoin nirvana.

Cryptocurrency market cap has reached an all-time high of 160 billion USD. Transaction volumes and fees have both also set record volumes, and the ICO hype continues its strong disruption on financial markets taking those who doubted this asset class by surprise.  We are seeing about 50-60 new crypto funds every month, charging the traditional 2/20 fee structure. Many are bumping into regulatory obstacles, while others just chose to ignore them.

According to Bloomberg, “The boom in cryptocurrencies and their underlying technology is becoming too big for central banks, long the guardian of official money, to ignore.”  People are starting to realize that maybe, just maybe the “guardian of official money” will not be central banks anymore.

Banks are starting to create their own cryptocurrencies!

 The credibility of money will soon no longer depend on authority of the state, but of its holders and technology.  Its issuers will not only be nations, but also credible decentralized organizations which different governance structures and interests.

They will be able to know everybody that holds their legal tender, and tax them automatically on their gains. With Central Bank-Issued Digital Currency, they will have total control of their blockchain and financial privacy will be a concept of the past. Cost of issuing new money will be irrelevant and extremely low; Issued money on a blockchain will not be falsifiable; Distribution will be costless and theft and illegal goods will not be able to be traded.


Source: coindesk

From the Q2 Coindesk State of Blockchain report, we saw that ICOs “dramatically outweigh VC in terms of overall blockchain funding both from a quantity and value perspective in Q2”.  A new disruptive way to fundraise which proves to be faster and cheaper is taking the market by surprise – and just like China, we expect other nations to move very quickly to regulate it.

Bonus Video: The operations of OR Blockchain Investments are inside this datacenter, featured on Bloomberg this past month- have a look! https://www.bloomberg.com/news/videos/2017-08-18/bitcoin-s-rally-proving-a-boon-for-china-video

WTF? Bitcoin Cash Drops A Grenade In The Middle Of Segwit2x BIP102 via UASF UAHF

WTF? Bitcoin Cash Drops A Grenade In The Middle Of Segwit2x BIP102 via UASF UAHF

Source: The Cryptoverse

The Cryptonomos Platform and the Giga Watt (WTT) Token

The Cryptonomos Platform and the Giga Watt (WTT) Token

16Jun
2017

< img src =”https://www.cryptocoinupdates.com/wp-content/uploads/2017/06/Eo801Q.jpg”alt= “”width= “580”elevation=”410″course =”alignnone size-full wp-image-8813″srcset= “https://www.cryptocoinupdates.com/wp-content/uploads/2017/06/Eo801Q.jpg 580w, http://cryptomining-blog.com/wp-content/uploads/2017/06/cryptonomos-wtt-1-300×212.jpg 300w”dimensions=” (max-width: 580px)100vw, 580px”/ > If you have been following us for some time already you have actually most likely noticed that we are not big followers of ICOs as well as we aren’t covering a lot of these, also though recently there is a boom of Preliminary Coin Offerings as well as it appears that practically everybody is releasing tokens for something. There are however some that we do point out and participate into, primarily in serious ICOs that are being pressed by entities that currently have some excellent service or product available and also have some background and also not simply assures that may as well transform out to be empty. From time to time there are some that are actually worth talking regarding and that goes not since they have created a whole lot of sound or have actually taken care of to safeguard ridiculous amount of funding, yet because they are truly something beneficial, different, disruptive and so on. A recent such example is Brave’s Fundamental Focus Symbol (BAT) that we have covered as we have actually been complying with the growth of the Brave browser for a while already.Another interesting ICO that we assume is worth chatting around as well as taking a component in is the Giga Watt( WTT )Token that is presently continuous and will continue up until July 31st or till every one of the 30 Million tokens are sold. The Giga Watt WTT token are being issued on the Ethereum blockchain like lots of others that we have seen lately, but just what is various right here compared to the majority of other ICOs is the fact that the launch of the ICO is along with a whole platform to sustain the token (in addition to various other future tokens). One of the issues with Ethereum ERC20 symbols we are seeing is that usually they are not extremely easy for people that are not much more right into Ethereum to participate into … the process is just really not that easy for not so technological or “right into crypto” sort of people.

The WTT tokens are being distributed through the brand-new Cryptonomos system for token sales in addition to administration. The Giga Watt(WTT) Token is essentially the initial token introduced along with the platform for very easy acquisition as well as management of the offered symbols by the customer. This gets rid of the requirement for the user to seek suitable Ethereum pocketbooks and also to do complicated points in order to participate right into an ICO based in a crowdsale essentially substantially reducing the needs and also eliminating most of the obstacles. Many thanks to the Cryptonomos system you can quickly transfer Bitcoin (BTC), Ethereum (ETH) or cash money using a cord transfer and also utilize them to purchase WTT tokens, and also probably various other symbols in the future as well. You must be likewise able to move tokens in as well as out of the system when they are abvailable similar to you would certainly do if making use of a suitable Ethereum pocketbook for engaging with clever agreements. Of course there is the other perspective regarding using a specialized platform– you are not completely control of your tokens like you can with an Ethereum pocketbook for instance where you hold the personal keys for the purse.

Allow us obtain back to Giga Watt(the former MegaBigPower ), a USA-based business offering crypto mining hardware as well as organizing for it and also of program sufficient power to power it and maintain it cool. The business provides likewise customers to organize their own existing miners and also even an add-on paid alternative of emergency tools fixings in instance of an issue in order to lessen downtime. The release of the WTT token enables the token holders to acquire accessibility to Giga Watt’s facility at a lower holding rate, which in turn considerably boosts the mining incentives. Each Giga Watt Job Symbol (WTT) represents the right to use the Giga Watt handling center’s capability, rent-free for HALF A CENTURY, to fit 1 Watt’s worth of mining equipment power intake. Token owners can utilize the capability they acquire to suit their very own miners or if they do not own or strategy to acquire any miners to takr benefit of the holding offer to just lease it bent on various other individuals. The suggestion that Giga Watt has is to use the token sale to be able to broaden their capability and to compensate token holders that assist them achieve that, so a win-win for both sides. For all the details regarding the Giga Watt (WTT) token and the plans of the firm providing it you should take an appearance at the thorough WTT token whitepaper( PDF )where every little thing is explained in far more details as well as all your inquiries ought to be responded to.

For even more information about the Cryptonomos system and also the Giga Watt (WTT) Token sale …

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WTT token (Why?) Released at Fri, 16 Jun 2017 20:48:51 +0000

Comparing Bitcoin vs Ethereum Making use of Google Trends

Contrasting Bitcoin vs Ethereum Making use of Google Trends

13Jun
2017

Right here is a fascinating contrast between BTC as well as ETH for the last YEAR making use of Google Trends, the passion in Ethereum is still rising as you could see from the graph while the passion in Bitcoin is decreasing after the optimal regarding 2-3 weeks back. Just what is more interesting however is the Rate of interest by region stats, namely where one of the most searches are coming form. The leading 5 countries for Bitcoin are Nigeria, Bolivia, Ghana, South Africa and also Colombia … this increases some issues, while for Ethereum the top 5 consists of Netherlands, Singapore, Switzerland, Austria as well as Venezuela. Certainly the variety of searches for Bitcoin is much higher as compared to Ethereum if you wish to contrast that as well and not check out the graphs individually equally as a fad.

You can check some even more stats and also do added comparison on Google Trends …

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Biostar TB250-BTC PRO Motherboard to Deal 12 PCI-E Ports

Biostar TB250-BTC PRO Motherboard to Offer 12 PCI-E Slots 13

Jun 2017 Biostar is apparently preparing to release a new variation of their TB250-BTC mining motherboard that is called Biostar TB250-BTC PRO. This is a bit complicated naming as the previous version is additionally from the Pro series of motherboards, so not that fantastic concept, yet anyway. The brand-new Biostar TB250-BTC PRO motherboard will certainly have 12 PCI-E ports or double the number of the routine mining version, so it should enable as much as 12 GPUs on a solitary board … in concept. Biostar has detailed the TB250-BTC PRO motherboard on their web site, however there is still not much details as well as a photo of the actual product offered … AsRock has lately shown their own variation of a brand-new Pro BTC crypto mining motherboard, namely the< a href= “http://cryptomining-blog.com/8753-asrock-h110-pro-btc-mining-motherboard-with-13-pci-e-slots/ “> AsRock H110 Pro BTC+Mining Motherboard with 13 PCI-E slots. It seems that the brand-new trend is to provide greater thickness of GPUs on a solitary motherboard, that is obviously if you manage to have greater than 8 GPUs under Windows similar to Linux things obtainextra complicated for many users that depend on the acquainted and also more easy to use Windows-based tools. We are yet to see the brand-new AsRock motherboard additionally ending up being available on the marketplace and also examining it bent on see how well it will keep up 13 GPUs and also what restrictions will certainly be there that will accompany the raised number of PCI-E ports as well as the exact same will certainly most likely additionally obtain the brand-new motherboard with 12 PCI-E slots from Biostar as well.– See the main item page of the Biostar TB250-BTC PRO 12x PCI-E motherboard … Various other Similar Publications :(Why?)Published at Tue

, 13 Jun 2017 13:41:08 +0000

The Creator of Litecoin Leaving Coinbase to Concentrate on LTC

The Designer of Litecoin Leaving Coinbase to Concentrate on LTC

11Jun
2017

The designer of the crypto coin Litecoin (LTC)– Charlie Lee has actually tweeted that he is leaving Coinbase and also will certainly going in order to concentrate on his creation. Good news for among the oldest altcoins and also a complete change from the “no requirement of additional advancement mindset” from the last few years. In the last couple of months we have actually seen considerable changes in LTC which has actually caused the revival of the altcoin after a long duration of “sleep” and also the information that Charlie Lee is concentrating his attention on Litecoin is additionally a very favorable one. We are already seeing the market reacting to this favorable news with the price of LTC rising …

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( Why?) Published at Sunlight, 11 Jun 2017 17:44:58 +0000

Twin SATA Power to 4-pin Molex Power Adapter Cable

Twin SATA Power to 4-pin Molex

Power Adapter Cable 10Jun
2017

With all our efforts failing when looking for if such a wire exists as a products that you can buy and prepare made to be mounted we had to make one ourselves. Why would certainly you require a wire like that anyway? With the wealth of SATA power connectors and also just a few 4-pin Molex power connectors with all much more recent power products you can wind up with the requirement to have more 4-pin Molex power connectors, particularly when building a mining gears. Certain, you obtain a lot of SATA power to 4-pin Molex power adapter cord with the risers you buy for video cards, however they are all solitary SATA power and also that is precisely the trouble. Anything that calls for a 4-pin Molex power connector could actually have a higher power usage than what a SATA power line could supply in regards to maximal power rating. The result can be issues with security as well as functionality because of overheating and also melting SATA power wires due to greater lots compared to exactly what they are created for.

< img src =”https://www.cryptocoinupdates.com/wp-content/uploads/2017/06/vFgybr.jpg”alt= “” size =”580″ height=”363″course=”alignnone size-large wp-image-8794″ srcset =”https://www.cryptocoinupdates.com/wp-content/uploads/2017/06/vFgybr.jpg 580w, http://cryptomining-blog.com/wp-content/uploads/2017/06/dual-sata-power-to-4-pin-molex-power-2-300×188.jpg 300w, http://cryptomining-blog.com/wp-content/uploads/2017/06/dual-sata-power-to-4-pin-molex-power-2-768×480.jpg 768w, https://www.cryptocoinupdates.com/wp-content/uploads/2017/06/vFgybr.jpg 1280w “sizes=”( max-width: 580px) 100vw, 580px”/ > The option is just to get a 4-pin Molex power ports(Female ones )and turn two SATA power to 4-pin Molex power adapter cords into a single double SATA power to 4-pion Molex power one. This method you could connect 2 SATA power line from a single line for peripherals from the power supply to a single 4-pin Molex power and also get entirely safe with greater power draw parts. Do note that you still require to be mindful not to connect excessive of these adapters to a solitary power line mosting likely to the PSU as you may overload the complete capabilities of the cord and/or more most likely the ones of the modular power port that is used to attach the cord to the power supply. Greater than 2 dual SATA power to 4-pin Molex power wires on a solitary cord is not encouraged with 60W per power adapter cable television max load just to be on the risk-free side, even if they are actually able to handle a bit more.Some more pointers to assist you remain on the risk-free side. Make certain that the outer power wires of your power supply go to last 18 AWG or lower number (thicker wires ), to make sure that they are able to manage even more power. Generally good power materials utilize 18 AWG cords for that as well as AWG 16 for the PCI-E high-voltage line (especially if you have twin PCI-E power adapter), but single PCI-E power adapter per cable television must be simply fine with 18 AWG as well. When making use of 2 SATA power to 4-pin Molex power line adapters for extenders see to it that they are also with 18 AWG wires, no matter if you develop a double SATA power line like we do. There are some extenders that are being delivered with 20 AWG wires on these power adapters as well as this could trigger a lot more serious concerns if you attempt using them with greater power loads needed, so aim to stay clear of making use of these.Other Comparable Publications:

(Why? )Released at Sat, 10 Jun

2017 14:34:04 +0000

Seems Like Nvidia is Making a Video clip Card Particularly for Mining

Feels like Nvidia is Making a Video Card Especially for Mining

8Jun
2017

There is some information distributing around in the last pair of days that Nvidia is making a video card especially developed for mining in addition to some conjectures that AMD is doing the exact same as well. While are understand for sure that this is real for Nvidia, we are having some questions about AMD doing it with all the AMD GPU scarcities we are seeing recently and the news they could proceed for the following few months. With the lack of AMD GPUs on the market the miners started buying Nvidia GPUs, so soon we are more than likely visiting cards such as the GTX 1060 and GTX 1070 obtaining tougher to discover on the market. Higher-end GPUs are most likely mosting likely to have far better schedule for now, but that knows if miners will certainly proceed to these too if there are not various other options available.We understand that Nvidia

is concentrated on gamers and not as much thinking about mining and also miners like AMD for example, so they do not intend to have accessibility problems of their GPUs simply like it has actually occurred with AMD now even if of the miners. So they have apparently figured a remedy to the trouble– simply make a GPU intended for mining and also miners as well as sell that to miners rather than their gaming-centered items. The card that they are developing is an NVIDIA Pascal GP106-100 GPU that features no video output connectors, passive colder (still needs air movement for proper air conditioning) and much shorter service warranty– simply 3 months. The suggestion is to have a more budget friendly price smart option for miners that can be utilized just for mining (hence no video clip outcomes) and also that can make it even a lot more interesting choice. The crypto mining GPU from Nvidia is obviously based around the consumer GeForce GTX 1060 9Gbps model as well as the price should be less costly compared to that of the consumer model.The details that we are seeing concerning the GP106-100 mining GPUs mentions some numbers pertaining to mining efficiency, the following numbers are for 8x of these GPUs: 200 MHS for ETH, 2500 Sol/s for ZEC, 4400 H/s for XMR. These numbers equate to regarding 25 MHs for Ethereum, 312.5 Sol/s for ZCash and also 550 H/s for Monero and also just the ETH number appears surprisingly high considering exactly what we have actually seen in our recent examination of the GTX 1060 9Gbps. So while the GPU may be essentially the very same as on the consumer GTX 1060, there could be some distinctions in the video memory … perhaps 256-bit memory bus or enhanced memory timings meant for much better performance. With a sub $200 USD prices these mining drivened GPUs could be interesting, yet the 90-day guarantee duration might be a little bit of a setback.We’ve left the not so wonderful information for last.

The Nvidia GP106-100 mining GPUs will certainly not be offered on the normal market to the routine customers apparently, they are mosting likely to be offered only in huge quantity to big customers such as cloud mining companies like Genesis Mining and/or various other huge exclusive mining procedures. So the entire point needs to not make any type of distinction to smaller sized residence miners as they are more than likely not going to have the ability to obtain their hands on the hardware anyway. That is certainly prone to altering at some time if the crypto mining organisation remains to expand as well as creates a majority of the income for firms like Nvidia, so that they could really develop a different business unit to manage it. For currently nonetheless the firm does not seem to think that they need to alter their focus from gamers and also gaming and mining is more like developing concerns for them compared to assisting … something that can not be stated coincides from AMD’s perspective where the marketplace for their Polaris-based GPUs goes primarily in the hands of miners. Various other Comparable Publications: (Why?) Published at Thu, 08 Jun 2017 20:08:24

+0000

AMD GPU Shortages May Continue Longer Than Expected

AMD GPU Shortages May Continue Longer Compared to Expected

5Jun
2017

We are hearing information from various sources that AMD may have much more severe concerns with providing sufficient of its Radeon RX 500 collection of GPUs on the market for the next number of months. It is not all about the raised demand from crypto miners as it appears that the company might be experiencing some other problems that are causing it to not have the ability to generate enough GPUs to cover the demand. Taking a look at Ethereum’s hashrate as well as difficulty data nevertheless does not yet show a considerable slowdown in growth, but the factor for that can quickly be the relocation of existing mining power from various other crypto coins to ETH.With AMD GPUs difficult to obtain for a while now miners are searching for options that benefit Ethereum mining and also while Nvidia GPUs are generally extra costly, there are some that are intriguing for ETH mining. We are chatting concerning the GTX 1070 that can do 25 MHS supply and 30 MHS and even a little bit much more after some memory overclocking as well as it could do it with a reduced TDP. Consequently some miners have actually started considering GTX 1070 as a solution to use for new mining rigs, once again it could be more expensive, yet with the high profitability mining currently with a much more pricey GPU compared to waiting to potentially protect some more affordable AMD cards in some days and even weeks … Other a lot more effective GPUs from Nvidia are not so excellent for mining Ethereum because of the use of GDDR5X video clip memory rather than GDDR5 that is located on the GTX 1070. The GDDR5X memory is quicker in regards to clock speed and also offers a lot more data transfer, but apparently utilizes less aggressive timings and also because of this is very little faster compared to the” slower”GDDR5 memory. Consequently if you are looking at GTX 1080 or GTX 1080 Ti for Ethereum mining their price/performance proportion is really not attractive whatsoever as for Ethereum mining goes. Nvidia on the other hand is quicker on ZEC and also many other formulas, but after that once again individuals are presently crazy concerning ETH. So do your math and also consider it as well as don’t topple the GTX 1070 as a great choice for Ethereum mining.Other Comparable Publications: In:< a href=”http://cryptomining-blog.com/category/general/ “rel=”classification tag”>

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