Friday, 20 July 2018

NiceHash Opens Closed Beta Registrations For Next Huge Update


NiceHash have started taking sign ups for their next NiceHash software which is promising to be the biggest overhaul ever. Nicehash is know for its ease of use and ease of setup making it to be one of the most popular programs for miners to use.

This is what they had to say

We are proud to announce the third major iteration of our platform since the initial creation of NiceHash in 2014. We have been working hard over the past few months to deliver a better and simpler user experience while keeping the site fresh and up to the latest design standards. We are bringing a ton of new features, a completely new NiceHash Miner and also a few other surprises!
We welcome you to try out our new creation by participating in the closed BETA testing program. Closed BETA will be available for 500 selected users, and our main goal is to catch as many bugs as possible and patch them.
If you are interested in trying out our new products and features, and above all willing to help us polish the user experience, we invite you to submit the following form. 1 BTC bounty is waiting to be distributed between top 100 contributors with a raffle at the end of the closed beta period.
We'll contact you via email with more details and instructions, once the closed BETA will launch!
Thank you.

The form is a Google Docs form which you can find and submit here
https://docs.google.com/forms/d/e/1FAIpQLSfY9uV85Xkt37bQ2mStJKyFr8E9qMtcnO4KQekbzv8IaIyoqQ/viewform?fbzx=7990315330803792000

I was a bit sceptical at first with them using Google Docs so made sure the link was correct and found it on their official Twitter
https://twitter.com/NiceHashMining/status/1019944734473834496 

Monday, 2 July 2018

Could the 11XX Series Nvidia Cards Not Be As Great As We Think?


Sales in GPU's have started to drop and the price has finally started to drop on new units but this comes for two reasons. Profit is way way down, the whole crypto market on a whole is way way down and until we see some recovery our profits will remain low. Secondly people waiting on the new 11 series cards instead of buying another 10 series cards.

Details of the next gen Nvidia cards have been vague to say the least will no real leaks coming and no dates, although people are speculating that it may not be long until we see them. The image above taken from this Reddit post and thanks to microcompass for allowing us to use it gives us some idea of why the 11 series cards may not be as great for mining as we may think.

Quoted from the post

Assumed cost of $0.10/kWh, sales tax of 5% (no tax on used cards), and running cards 24/7 for two years.
My findings/thoughts:
If the 1180 retails at $699, even with the efficiency increase, its actually pretty poor value compared to some of the deals that can be found on used 10XX cards right now. At $699, with a kWh cost of $0.10, I calculate a total cost price of $846.27 over 2 years, or $1.01 per Sol/s (assuming 840 Sol/s).The 1170 at $499 would be much better value, coming in at a 2 year total cost of $618.99, or $0.88 per Sol/s (assuming 703 Sol/s), but still not the game changer some might be expecting.
2x 1070’s at $300 each would produce a total cost of $781.44 over 2 years, or $0.91 per Sol/s (430 Sol/s X2), slightly worse than predicted on the 1170, however you can buy these TODAY, not 2-4 months down the road, more than making up for the slight overall cost bump.

The intial cost of the new cards will be the huge let down for us looking to mine, as microcompass says we would be better picking up 10 series cards at today's prices and they will only get cheaper

Of course there will always be people that will go and buy 10 brand new 1180's not realising that the returns aren't going to be that great


Credit U/Microcompass 

Wednesday, 13 June 2018

Tips For Staying Safe With Crypto


We all love crypto because of the freedom it gives us from banks and regulation but this also brings a real bad issue within crypto, Hacking is worth alot of money to people and crypto is an easy target, some people do not use the easiest of protection which puts their funds at major risk from being hacked. Here are some of our top tips

Two Factor Auth
Always enable two factor authentication, always! One of the easiest and most secure ways to instantly secure your accounts. Back up the sign up codes somewhere safe, ideally offline on paper or a encrypted USB. To be even more secure you could have a two factor auth phone which is used purely for this reason and nothing else

Scam Emails
Never use click through links from emails, always use the links that you have bookmarked and you know yourself. Always check for the https

Cold Wallet Storage
Do not store your crypto online, in an online wallet or on an exchange, just dont do it. The exchange could get hacked or the online wallet website could disappear along with all your funds. Invest in something like a Ledger Nano S and keep your funds safe

Trust No One
This might sound a bit simple but seriously assume everyone in crypto is out there for themselves, everyone wants to make money and they dont care how they do it. When that guy emails you and says send him .01 BTC and he will make you 0.10 BTC a week DON'T DO IT! So many people fall for stuff like this

Never Show Your Wealth
You have been trading or buying and you are building a nice little pot of cryptocurrency, never advertise this fact online. You instantly become a target for hackers who will start building a portfolio to get to your funds

Stick To Big Exchanges
Dont go signing up to smaller exchanges that you are unsure of, stick to the big guys, Binance, Kucoin, Bittrex, BitFinex, Huobi, Okex

Do Your Own Research
Dont go throwing thousands at a coin becuase some guy told you it will make you rich. Do your own research and decide for yourself, a good place to do this for coins is coincheckup

Dont Trust ICO's
ICO's used to be a good way of making money but now they are pretty much 90% scams, when signing up to ICO's be very careful giving them information. Never give them your phone number and set up a seperate email address which is non related to any of your other crypto accounts

Use A VPN
Stay internet safe, use a VPN like PureVPN and if you are downloading software then get a decent anti virus and use virus total before downloading anything

There is probably tons more but its 6am in the morning and I've been meaning to do this post for a while

Sunday, 3 June 2018

BTM Bytom Windows Miner For Nvidia Cards


Its happened within a couple of days the Linux miner has been ported over to windows as I said would happen and you know what it actually works. Hashrate a little lower than HiveOS but about the same as MinerOS, I have translated the readme and it is ready to go,

simply unzip
Right click on bat file and edit
change address to your BTM address and where you which to mine

run bat file and you should be running

*****UPDATE******

Version 2 of the windows miner has now been released

https://github.com/NebuTech/BTMiner_NebuTech/releases

Changelog

* -?, -h, --help Displays help information.
  * -v, --version Displays the version number.
  * -u, --url <url> Pool address.
  * -U, --user <user> User name or wallet address used for mining.
  * -p, --passwd <password> Password used for mining.
  * -d, --devices <devices> Specifies which graphics cards to use for mining. For example: "-d 0,1,2,3" Use the first 4 graphics cards.
  * **-i, --intensity <intensity> Mining intensity, the default 256, different graphics cards to achieve the maximum power of the different intensity, 1080ti is generally around 1024, 1070 intensity 512, can choose to test their own best.**
  * **-C, --use-cpu Use this option to enable CPU acceleration mode. If you have a powerful CPU and a graphics card plugged into a PCI-E x16 slot, try turning this option on to further increase your computing power.**

**Remarks: The -i parameter is different under different modes and graphics cards. Please test it yourself. This value has a greater impact on computing power.**

## Modify record:

#### v2.0(2018-06-04)

* Further reduce CPU usage.
* Increased acceleration mode for high-end CPUs and high PCIE bandwidth.
* Support Linux
* Fix known bugs to improve stability


Thursday, 31 May 2018

Mine BYTOM BTM With Your NVIDIA Card



This is huge, like a huge kick into the giant balls of Bitmain, they have exclusively released the B3 miner to mine Bytom and within the last few days its been cracked in China. This guide will be rough around the edges as currently I am writing it up on a mac and have no idea how to use mac

I have tried my best to translate this all from Chinese into English so it will be vague, there will be no pictures to start with but my GTX 1070 is currently mining at 0.44 hashes which is like $4 a day at the time of writing this.

Sounds to good to be true right, right

Firstly there is two ways we can do this, if you have good knowledge of Linux there is an Ubuntu method or the second method which I have used which is MinerOS which is a chinese mining program.

LINUX Method

I have no guide for this as I have not go the first clue when it comes to Linux but I can give you the files

https://pan.baidu.com/s/18RX2-zSiWVA72ZHIRaQwCQ

That is the link to the miner with the password 33xs. The rest is up to you as I am sure if you have some basic understanding it will be quite easy to figure out. Also people have reported getting it working with HiveOS but I did not succeed with that

MinerOS Method

This isnt easy so go easy with me I will type it up the best I can

Go and get a Bytom wallet
https://bytom.io/wallet/

Sign up to MinerOS so you can access the dashboard
https://www.mineros.cn

Now this is the tricky bit as there will be the way I done it and the way that I think it should be done. I first installed version 1.2.3 which is no good, you require 1.3.4 minimum so you can either install 1.2.3 set it up then upgrade or try to install 1.3.4 but I dont know if that works. I will assume it works and write it up as is

Download the windows upgrade tool and get a USB drive ready
http://cdn.mineros.cn/mos_v1/tools/minerOS_setup_win_1.0.12.exe

From here its a bit of guess work unless you can read Chinese, once you open the app click N for Nvidia and then what I did was use Google translate image on my phone for the rest. You will come to a screen which will say fast install or full install, you will need to click the right side as this is a full install. The left side is the upgrade that I used. You need to find your USB drive and the program will burn the image to the USB drive ready to be used. 

If you just want to upgrade from 1.2.3 you can download it here and then use the upgrade tool to use fast upgrade (I will try my best to add pictures to this later!!)
http://cdn.mineros.cn/rom/minerOS_nvidia.1.2.3.tar.xz


Hopefully you are with me and still on track, it will be easier when pictures get uploaded. Next we want to put the USB into your mining rig or for me my normal home computer and boot to the USB. Once in you should be greeted with a screen showing your IP and asking to login. Dont worry about logging in you just need the IP, log into this IP from your phone or another computer and you will be shown a overview of your mining rig. If no IP is shown you will need to be plugged in ethernet wireless will not work. It should ask you to login on this screen with your MinerOS login, once logged in you need to click local activation at the top of the screen.



Now you have locally activated your miner go to the Mineros.cn dashboard on your phone or your other pc and click onto config service. Add a new config for BTM, all is pretty easy to fill out and add in your BTM address from the wallet to make sure you get paid



Once that is saved click onto mining machine and under operation click the down arrow and click config. Then click your saved BTM config and you should be all set. Click start under the same menu and it should go green and say running. Make sure your OS version says anything over 1.3.4, if it is under this you need to upgrade and wont be able to mine BTM until it is upgraded



Head back over to your miners IP and on the screen it should now show it hashing away, alternatively click view pools on the mining machines menu and it will take you to your pool address


Guys I am sorry its so brief its the best I can write it at the moment with my mac, believe it or not this has taken me most of the afternoon to get working and with no real guides published out there I am hoping that this will assist you guys

If anyone manages to get further and edits the overclocking to get better hashrates get in touch would love to further this and get some better hashrate!


If you feel generous drop me something or mine some BTM my way

BTC
1CRoLbrBkNX9Dp75cXovvc3JaPynWMB8ej

BTM
bm1qh3xv8etskaex04ncf4h29a8mack6drkck6hrhy




Thursday, 10 May 2018

Which Algo Switching GPU Profit Miner?



Recently my L3 has been performing incredibly well on mining rig rentals so I have been looking to the GPU side of my operation a little bit more. Currently I sold all my GPU rigs and I am left with two GTX 1070 to mine with. Alot of people use Nicehash as its very very simply but with Nicehash you aren't always making the most of those GPU's and getting a possibly more BTC

So the alternatives....

Firstly I looked into Awesome miner. I already use Awesome miner to monitor my L3 so it was really easy to set it up. I created a profit miner for my GTX 1070 and selected the algorithms I wanted to mine and entered my BTC address for payout. Then it was a simple case of right clicking the profit miner and start.


Now my only issue with Awesome miner is the payout in Dollars is a little optimistic at least, its always incredibly high and its very unlikely you will see a return on that scale. Secondly I probably wouldn't use Blockmasters as a pool if you only have 1-2 cards as the payout is extremely high. Other than that once you get your head around the many menus within Awesome miner its a great program which can monitor your rigs with ease

Check out Awesome Miner Here

Next I still wasn't 100% with Awesome miner, mainly because it was the free version and I wanted a bit more freedom without paying. So I done some more research and found another program which is 100% free and claims to get more profit than Awesome Miner

NemosMiner is based on MPH miner which I did not really get on with but Nemos is much easier thanks to its friendly config setup. Once you have downloaded and unzipped Nemos miner you will be presented with an interface, ok its not as pretty as Awesome Miner but it does the job.


Once you have gone into config entered your BTC address and selected the pools you wish to mine at its simply a case of hitting the start button. Once started every 120 seconds it will check to make sure you are mining the most profitable algo across multiple pools. I have to say I have found this to be my most profitable program that I have used, it may not be as simple as Awesome miner but it is worth the setting up

You can download Nemos Miner from the official Github

Dont forget if you want to be really really lazy and looking for something which is the most simple then I would probably stick to Nicehash

Friday, 4 May 2018

KuCoin Officially Reopen Referral Program


Good news for all you traders or people with lots and lots of friends Kucoin has officially reopened their referral bonus program. The idea is you invite your friends or trading community to Kucoin through your ref link, once they have signed up you receive a percentage of their trades. Its very much like Binance and their own referral program but Kucoin tends to list alot more less popular coins but it still has a good volume to trade with

Not to long ago it was Poloniex and Bittrex that set the standard for exchanges but now with Binance taking over it has set a new standard which companies like Kucoin are closely following.

Ref Link: Sign up to Kucoin here
Non Ref Link: Sign up to Kucoin here

Ref Link: Sign up to Binance here
Non Ref Link:Sign up to Binance here

Meet Bitmains New Equihash Miner


Bitmain are seriously rolling out some ASIC miners this year and at the same time causing a bit of a division within the mining community. The newest miner was released this week is the Antminer Z9 mini which mines Equihash, a previous GPU miners favourite. It will hash along at 10k Sols with a power usage of 300 watts, which is a very very good ratio when you compare a 1080 which roughly hashes at 600 Sols. If you were to get your hands on one of these today and plug it in you would earn roughly around $35 a day but expect this to plummet hugely when the first batch is released and difficulty goes through the roof

This will kill off Equihash GPU mining I hear you say, well it looks as though nearly all Equihash coins are announcing a fork already. All except ZEC which are yet to make an announcement but have previously stated they wouldn't fork if ASIC's were created.

Personally this is just another miner which I will stay away from, I am still waiting to see a profit calculator for the B3 miner and see an active pool



Monday, 30 April 2018

Halong Miner Announce DragonMint T2 Miner


This week another new ASIC has been announced to bring more competition to Bitmain and Halong mining are proving to be quite a match and quite popular. They have announced the T2 Bitcoin miner which will reportedly mine at a very respectable 17TH/s using 93-102w per TH/s. It also features ASIC boost technology

A few things to worry me, no shipping dates and no prices... Halong mining have proved they can deliver the products although they are still quite expensive and power hungry in comparison to Bitmain. Still, any competition is healthy competition

You can check out the new miner and join the waitlist on the official site https://halongmining.com/shop/dragonmint-t2-miner/

Wednesday, 25 April 2018

How To Mine XHV Haven


Like our RVN post everyone is going mad for Haven and I honestly have no idea why but we will tell you how you can get mining it with your GPU or CPU

First things first
Get the wallet from the official website https://havenprotocol.com/
Next get the best Haven miner from the github https://github.com/fireice-uk/xmr-stak/releases

Put them both into a folder and open the wallet and create your new account. Don't forget to write the seed down somewhere safe. Once its created in the settings start the local node and get the wallet up to date and fully synced

Now open up the miner

XMR Stak is nice and easy to follow, just follow the onscreen instructions. Anything you are not sure of just select no.

When selecting a mining pool I recommend https://cryptoknight.cc/haven it seems to be the most popular.

So input haven.ingest.cryptoknight.cc:5532 for the pool address, it does have different ports for CPU mining and multiple GPU rigs

Your username will be your wallet address that you have created within haven wallet. Click receive and copy and past that address into XMR stak

Password x

Then its up to you if you wish to create a worker name. The that is it you should be mining away now, input your wallet address on the website to lookup your stats


Tuesday, 24 April 2018

Another Possible New ASIC From Bitmain?


Now I would take this with a  pinch of salt but today I have seen 4-5 blogs or crypto mining news sites that are reporting Bitmain will be releasing another ASIC miner to mine BTM today. Rumours have it will hash at around 730H/s and only draw 360 watts of power but will sit at a staggering $2700.

A few things confuse me with this story, Bytom today will just release their mainet and they are partnered with Bitmain, so is this a good thing to have ASIC's released on day one of mainet launch?

Secondly only a few blogs are featuring this story and cannot find any "official" information anywhere on ASIC release?

Bytom is currently only on Poloniex

Great post about Bytom
https://www.weusecoins.com/what-is-bytom/

Bytom Official Website
https://bytom.io/

Bitmain Official Website
https://shop.bitmain.com/?lang=en

**UPDATE**
Dear subscriber,
We are proud and happy to announce that we are launching the all-new Antminer B3, a new Antminer model for mining Bytom, at 11AM (25 April, GMT+8).
The Antminer B3 can deliver a hashrate of 780H/s while consuming 360W of power.
Click here to learn more or to place your order after the scheduled time of launch. Correct price will appear after the scheduled time of launch.
We wish you all a happy mining experience.
Regards,

The Bitmain team

Sunday, 15 April 2018

How To Mine ASIC Resistant CryptoCurrency PURK


We have been strongly talking recently about ASIC resistant cryptocurrency first was being Raven (RVN) and then secondly in detail about Monero hard fork to avoid Bitmains newest and most worthless ASIC miners. To continue this trend we have been looking and another cryptocurrency has popped up with some key features that in all honesty we do not see from new coins anymore

Official PURK website
Mineable Crypto
No Pre-mine, Instamine or ICO
CPU + GPU mineable
Wild Keccak algorithm

That little list right there got my attention, so I decided to look into a bit further and get mining. If you are looking for a brief description of what they are trying to achieve it is here

What is Purk?

Purk was created to help content owners and service providers monetise their website or application by accepting quick and easy micropayments from their users or customers. Website users can send Purk to a content owner or service provider to show appreciation for their hard work.
By sending micropayments as a donation, it highly reduces the amount of monetisation that is needed on a website. Instead of using intrusive adverts, affiliate links, pop ups and sponsored posts, website owners can install the Purk Button and accept quick and easy payments to monetise their content or service instead. Not only does this reduce the amount of promotional clutter on a website, it also reduces costs on content writing and saves time by allowing your customers to tip/pay your writers or employees directly.

 First step I would go and get yourself a PURK wallet, install and sync so you are ready to store your

Tuesday, 10 April 2018

Baikal Miner, Buy 1 Get 4 Free


Yes the title is right, it looks like Baikal miner might be trying to recover some profit after being badly beaten by Bitmain in hashrate and machine release. If you buy one of their miners for cryptonight mining they will send you four more for free. Although at $1900 you will need all 5 to match the Bitmain version in hashrate.

Personally I will still stay well clear of these miners as I do not see them getting anywhere near a return on what you invest. Although if you really really want to go buy some Baikal miners you can check it out http://www.baikalminer.com/product12.php


Monday, 9 April 2018

Rent My Rig & Many Others With Mining Rig Rentals

A Lot of people use Nicehash to rent or sell renting power due to how easy it is, but did you know you are not always receiving the best rate? Mining rig rentals is something which I have recently switched to because of the better rates selling and buying hashing power. On top of that I find the website a lot more user friendly than Nicehash which can sometimes be confusing to work out or calculate.



Mining rig rentals list the available miners in an easy to follow and cost efficient list making sure you will always get the best deal for you you can see this from the image above. From a sellers perspective I personally like it as I can set my own price for what my miner will sot me to use, so I can make sure that I will always minimum cover my electricity costs.

The other question I had, what will my miner do while its not rented? Well luckily for us they have actually thought about this and you setup your mining pools within Mining Rig rentals so while your miner isn't rented it mines at the pools you set it. Much like you would if you was setting up your miner normally without rentals

Go and check it out here

Sunday, 8 April 2018

SuprNova Releases Its Own CCminer For RVN Mining


Raven has been a very successful coin for people switching over their GPU's to, alot of people think it has a bright future being open source and having a busy community already behind it. One of the best mining pools is over at SuprNova and they have just released there own version of CCminer which is the quickest RVN miner so far.

You can head on over to the pool at https://rvn.suprnova.cc
Click the link in the top box taking you to the Github, or just go here https://github.com/ocminer/suprminer/releases

The other nice thing is the start .BAT files are ready to go, all you need to do is right click and edit them with your username for your worker. Nice and easy

Details Of Bitmain Antminer E3


I really thought I had already posted about this as I have been very animated on Facebook and Twitter in regards to this miner. So here is my one line opinion, unless you have free electricity this is definitely not worth the hassle.

First some details, the Antminer E3 from Bitmain is a new ASIC which will mine Ethereum which for a long time has been only mineable from GPU's. It will mine at 180MH/s using 800 Watts which in all honesty I really do not think is enough to make a real good return compared with their other ASICs. By the time you receive your E3 in July the returns are going to be very poor indeed and you will be left with an oversized door stop, not to mention if Ethereum did plan to fork

That's my other issue, why is this miner so damn big? Its like two L3's stuck on top of each other, and then also only 180MH/s? To me that is extremely poor for an ASIC, when GPU's were at normal price I wouldn't have been surprised if you could build a GPU rig to out perform that.

As you can tell I am not impressed by the miner in the slightest, but the way of the crypto world people will buy these as its something "new". Personally I'd rather go and spend $1800 on buying some Bitcoin




Monday, 2 April 2018

I Made A Soundproof Box For My L3+




As promised in my earlier blog post about my L3 here it is in all its glory my home made box for my L3 taking the decibels down from 75 to 45/50ish. It might not sound like huge huge amount but it makes a huge difference in being able to live with it. I made the box big enough to have two side by side and the 4" ducting works well to extract all heat and surprisingly inside the box does not get that hot, the L3 sits at about 57 to 60 degrees.


Excuse the mess, I have taken over the kids play room

Saturday, 31 March 2018

Pool Staking With Stake United


One of the best passive incomes in crypto other than masternodes is staking coins, although sometimes it can be very building up enough coins to make staking worthwhile. In comes Stake United, it is a pool which allows everyone to pool their coins together and stake in one big wallet giving returns which are a hell of alot better than anything you could achieve on your own.

Now it does comes with risks as you can imagine but to me no riskier than leaving your coins in an exchange. If you deposit your coins into Stake United and they disappear one day then obviously your coins are lost, so don't depend on them just try them out with a small amount first. Like anything in crypto it is always a risk of losing your coins

Check out Stake United Here

Monday, 26 March 2018

My First Week With My Antminer L3+


Ok so I probably got my L3+ a bit late compared to everyone else but I decided to take the plunge from GPU's back to ASIC's and its been an interesting week. The last ASIC I owned was an Antminer S1 or S2 cannot remember but it was a long time ago and it has become a much nicer experience since the early days. The onboard software is now very user friendly with some nice additions of auto off above 80 degrees and manual fan speeds. I remember it being very clunky to use when the first Antminers were on the scene, but this was very easy to setup and was running in a matter of minutes.

After turning it on and getting it running I found the huge huge downside to the L3+.... The fan noise, my god is it loud! My phone has it around 72DB from the rear exit fan which means you will not be having this miner in your lounge or your bedroom as it is just way to noisey. Luckily mine is in a room at the back of our house which is quite cool, so I set the fans at 35% which makes it a bit more bearable with temps not going over 55 degrees.


As you can see from above all is pretty good with temps except one board which seems to be getting quite a few hardware errors. Hopefully that does not get any worse and affect the performance of the L3+. Once mining away its pretty much forget and and let it mine, I've been searching around for the best mining pools to use and they come with some varied opinion, so I will give you my three that my Antminer is setup to

Prohashing.com - Stats galore, mines the most profitable Scrypt coins and coverts earnings into whatever coin you wish. I currently get my payments int 50% BTC and 50% LTC. Low payouts and plenty of information, earnings seem to be the highest for me

Litecoinpool.org - Pays out in Litecoin only, was seeing good results when I first used and that was until I started using Prohashing. If you are looking just for Litecoin earnings I would probably use here rather than Prohashing

Nicehash - I think we would be crazy to no put Nicehash on our list, reliable and again a switch pool that stays one of the highest in profit. I would of used Nicehash if I hadn't of had such good early results with Prohashing

Next step will be making a box because of the noise, today I went out and bought all the bits and have started making it. I will update with another post once its made and maybe even a little youtube video to show it. Also will be making the box a bit wider just in case we decide to get another Antminer, if I can source some cheaper electricity that is!!

Tuesday, 20 March 2018

Monero Forking To Stop Asics


As you might have seen in seven days roughly Monero will be forking to a new algorithm, CryptoNightV7. Why you may ask? Well this is because of a new breed of ASICs that have been released by Bitmain and another mining company. I cannot tell you enough do not fall for buying into the cryptonight ASIC miners, by the time you get it you will never ever make a return on it. Especially with all the main CryptoNight coins looking to fork over to a new ASIC proof algorithm

Bitmain are currently selling these miners for $7000 and are expected to be dispatched in May, which means by the time you get this miner Monero will have forked and expect earnings to be drastically lower. Normally I support Bitmain having bought from them for a long time, but these stand out to me as a big no no. Especially if you look into XMR's network hashrate the last few months you can almost see where these have been introduced. Some of you might be willing to take a gamble or a risk on these as the figures look to good to be true, please be careful and if you do get one please send us some feedback

XMR Countdown clock can be seen here

Tuesday, 13 March 2018

Resources For Learning Cryptocurrency Trading



As some of you may know who follow my Twitter I have decided to take on trading, I am still trying to mine as much as possibly but learning trading signals is something I have always wanted to learn. Its very daunting at first almost like learning a new language but once you start doing a few online courses and playing with a few trading exchanges it all starts to become a little less scary.

I am still very new in trading but I would like to share with you guys some of the resources that I have been using to learn more about technical analysis and also just the terms used in trading. When I first heard people talking about being 'Bullish' and 'Bearish' I was like what the hell are these people going on about.

Hopefully these will provide you with a bit of help as it did me

Beginner Technical Analysis

Purpose Built Crypto Heater


When you think you have seen majority of innovations in the crypto world something always comes along to surprise you and the QC1 will definitely do that. The QC1 is the world's first purpose built crypto mining heater, which will mount to your wall heat your house and mine your favourite coins. The heater has two RX580 graphics cards inside which they say will mine at a steady 60MH/s while heating your home

Think of it as a computer and the whole outside is a huge passive cooling system, it uses 650 Watts but in case of the room being really cold it also has two inbuilt resistors to provide additional heating.



Now I have a few issues with this product....  Firstly, what the hell are you going to do in the summer? You want to do some mining but its hot outside you aren't going to turn your heater on to start mining. Secondly the price, it has a retail price of 2900 Euros which is roughly $3575 which for two RX580's to mine only in the summer in quite frankly ridiculous. As you can imagine the QC1 I am pretty sure unless you have free electricity will never provide you with a return on your investment and as the mining world moves forward and the RX580's become old and slow you will be left with an inefficient heater.

So if you leave somewhere that is permanently cold and have free electricity then this could be what you have been searching for. If not don't bother

You can check out the QC1 for yourself over on the official website https://www.qarnot.com/crypto-heater_qc1/

Monday, 12 March 2018

Trade Bitcoin Futures On Bitmex


Bitmex is an important website for anyone who has been trading for a little while and now is ready to start trading Bitcoin futures, or other altcoin futures for that matter. They allow you to buy contracts on future contracts with the price going up or down. The also offer leverage on each trade allowing you to x10 x100 your trade if you have enough BTC within your account to cover liquidation

Serious money is to be made on Bitmex and I am currently trying to learn Technical Analysis, although Bitmex is not for new starters. It is very easy to lose everything with how quick the price swings, if you don't really know what your doing you could end up in negative equity.

As an exchange Bitmex has been around for a while now and has proved itself it be a huge success with seasoned traders. The integration of trading view allows serious charting on the selected currency you wish to trade. I advise you check it out but again refrain from going on all if you are not sure what you are doing

Check out Bitmex Here

Next few days as we are trying to learn Technical Analysis I will load up some resources that we have been using

Saturday, 10 March 2018

Nanex Exchange, Dedicated Nano Pairs


Anyone who has been hanging around the blog for a little while now knows that I am a major supporter of Nano, the currency is a huge change to the crypto world and I think we will really see it wake up this year. Today I am going to point you into the direction of Nanex exchange which is the only exchange to deal exclusively in Nano pairs.  The currently trade BTC/NANO, ETH/NANO, BTCP/NANO, LTC/NANO and GRLC/NANO. All we need is USD/NANO and I think it will be perfect

The platform is very friendly to use and extremely fast, also it is starting to grow extremely fast. Today writing this they have managed to surpass the $1,000,000 trading volume required to get entry on coinmarketcap.com. Once they manage to get listed in the coinmarketcap markets again expect the exchange to grow even more

You can check out the exchange here at https://nanex.co/
Also checkout their twitter which is also pretty active https://twitter.com/nanex_co

Monday, 5 March 2018

How To Mine LUX Coin


LUX coin has only been around 4 months at the time of writing this but it is already proving a little gem to mine with GPU's. There isn't much information on it and because the algorithm is not featured on whattomine.com's list yet it still returns a nice profit. Its uses an algorithm that I didn't even know existed until I was recommended to mine the coin PHI1612. 

Also the wallet for LUX is pretty nice and allows you to stake so lets get started


First Download the wallet, install and start syncing it, you can download it from the official website here

Next we need some mining software, I've been mining with my Nvidia 1070 and from what I can see you can also mine with AMD but I am not 100% sure. Download the Nvidia miner here 

Possible AMD miner here

Also I have created a simple BAT file to start mining, copy it to the CCminer folder and and right click and edit it. Change the red circled area to your own LUX wallet address. Download the bat file here



The bat file is setup to mine at altminer.net unimining.net, after you have changed your username head over to the website and enter your address to see your stats. The address will look something like this unimining.net/?address=LTGt7iFM2z7fNGmRgU8DrnKtnZvi1hbtgi

If you choose the AMD miner I still advise using altminer pool but obviously our bat file will not work with SGMINER

If there is anything I have forgotten do post a comment and let me know

Tuesday, 27 February 2018

Free Crypto Airdrops


One thing I have done for a while in crypto now is chase airdrops, a lot of people ask why the hell would you do that? Well we are all in it to make money aren't we and some of the airdrops probably 1 in 10 hell sometimes 1 in 20 will make you a quick buck. I have found myself now quickly able to tell which ones are worth the sign up and which ones aren't worth the 5 minutes it takes. After this I decided to run a subreddit alongside our blog so the blog does not get clogged up with airdrops.

A few pointers to keep these airdrops simple, privacy is key we don't want to reveal any real details to anyone

Create a new ETH wallet, Email address used only for airdrops

Use a unique password for your airdrop signups that you use nowhere else

If it asks for your first and last name, generally this can be ok but I tend to end false details

Never give them your mobile number, ultimate no no for me. Especially when your mobile number will normally be associated with your 2FA. You never know what they could get up to

Never give out a private key to any wallet for any crypto.

Assume every airdrop is a shitcoin and they are out to scam you, never click through anything on the email unless your 100% sure of what it is.

You can check our sub over at https://www.reddit.com/r/airdropalerts/

Get Started GPU Mining, Must Have Parts


The above image is pretty much I would imagine how most of us including myself start out, you add some more cards into your gaming rig but you soon quickly realise that this is not good enough. The cards run extremely hot, your tight on space and they aren't as efficient as they could be. So here are some items that are almost a must have when creating your GPU Rig

PCI-E Risers

PCI-E risers are a great start to getting your cards some of that much needed air to cool them down, this stops them being next to each other on the motherboard and should allow you to get your temps down. Most people can add them into their own case with a bit of modification but if you want to take the next step you might want to think about an open air case


Open Air Case

Now buying an open air pre built case like above is not really a must but it can help and tidy up your operation. Some people just see this as an extra cost but if you are all about looks and making your setup look nice and tidy and keeping it extra cool then this will be a must buy for you. On Amazon there is a ton of cases ranging from the small to the full shelf stacks

If you want to make your own case checkout this Youtube Guide here
If you want to browse Amazon check here

Monday, 26 February 2018

Circle Purchases Crypto Exchange Poloniex


Anyone who has been in crypto for a little while will know that Poloniex at one point was almost one of the biggest echanges and used by thousands of people each day. Although a change came to the crypto world with the likes of Binance and Kucoin appearing brining new coins quickly and tons of referral opportunities and because of this a quickly outgrew Poloniex. 

There has been no real updates for a long time with Poloniex but today it all became clear.Goldman Sachs backed company Circle has bought Poloniex. This is a big step for Circle as they take another step forward in the crypto market establishing themselves as quite a big player. They have posted on their blog that the first thing they plan to tackle is Poloniex customer service which we know is near non existent.

It will be interesting to see what other changes will be brought to Poloniex in the near future

Read Circles blog post here

Tuesday, 20 February 2018

New Bitcoin Core 0.16.0 Will Feature New Code



Core is officially being updated and this could be the most exciting update that we have seen in almost ever. Everyone's complaints with Bitcoin is normally about transfer times and transfer costs and early in 2017 we did see transaction costs spiralling into silly money, well this could possibly be about to change forever

Bitcoin Core 0.16.0 will officially support Segwit which focuses on scaling the network to be faster and cheaper. Although Segwit has been around for a little while now its not until recently we have seen further adoption which has seen the amount of waiting transactions in the mempool drop drastically. Also along with Coinbase confirming they are in the final processes of adding Segwit support themselves this (until lightening network) could be one of the biggest changes we see to Bitcoin Core yet.

You can check the Bitcoin Core Github Here
Release I believe is expected around the 1st May

Sunday, 18 February 2018

Five Current Best GPU's For Mining February 2018


This is going to be a difficult post as its almost going to go out fo date the minute I have posted this, but for February 2018 these are the graphics cards that we recommend for mining at the moment. Also For now trying to just include key points for the card



 


1. NVIDIA GTX 1070
  • Core Clock: 1506Mhz
  • Mem Clock: 8Gbps
  • Memory: 8GB DDR5
Positives
  • Good hashrate to power ratio
  • High amount of memory
Negatives
  • Expensive to buy, may cause long return on purchase
  • Low stock pretty much everywhere

Telegram ICO Raises $850 Million

The pre-sale for TON which is Telegrams own token has seen the ICO raise a huge $850 million according to a document filed with the US SEC. This can be seen here

At $850 million this is already the biggest ICO to date with the previous highest at only $350 million, but something to remember this ICO still is yet to go to public sale. It is expected to go to public sale in March and according to Bloomberg will look to raise a whopping $1.1 billion which would make the total around $2 billion. This could be the ICO not to miss in 2018

You can read the official whitepaper here

Currently as it stands I cannot find and pretty sure an official website does not excist yet, so keep your eyes peeled in March for an incoming website. Also be aware of scam sites if they do create a site please please confirm its official before sending any funds into an ICO

Wednesday, 14 February 2018

NEO Holders To Get ONT Airdrop


It seems more good news keeps coming from NEO and its team, they have announced this week that all holders of NEO will get an airdrop of ONT at a rate of 0.2ONT to every 0.1 of NEO. This is fantastic news from the NEO team and the crypto has been performing outstanding towards the end of last year and beginning of this year. 

A snapshot will be taken at block height 1974823, which is expected around March 1, 2018. So as long as you are holding NEO in a non exchange wallet you should recieve your NEP-5 token of ONT, although we may see Binance and Kucoin distribute ONT but to make sure I would hold it in a wallet


You can buy Neo below

Monday, 12 February 2018

Where To Buy Bitcoin With Debit Or Credit Card



As Bitcoin continues to grow we are seeing lots and lots of new people coming over and wondering where can they buy Bitcoins on card or for cash? I have always said for someone starting out in buying Bitcoin I believe this is one of the hardest things to get solved at the start. So we are going to list the main exchanges that accept card (one cash) and have been around a long time and can be trusted


Coinbase is probably the biggest of all exchanges online where you can instantly buy Bitcoin and even Ethereum with debit and credit card, buy $100 and get a free $10's worth through our link. I personally have used Coinbase alot on the past and although their fee's are not the cheapest the Bitcoin is instant. You can also setup a wallet with them so you can store your Bitcoins, although we always advise you storing your Bitcoins offline

You can check out Coinbase Here **Buy $100 or more and get $10 FREE!**


Here we have something very different with LocalBitcoins, again a huge huge company who have established themselves massively on the Bitcoin market but the way ti works is very very different. Unlike Coinbase and CEX you do not buy your Bitcoins directly from Localbitcoins. Instead they act as a middle man and you purchase from other people selling Bitcoin. They make it safe by holding the Bitcoin in escrow until the payments and Bitcoin have all been confirmed from both sides. This results in much cheaper rates getting you more Bitcoin for your money, again Localbitcoins is a site I have personally used alot. You can also buy in cash if you really need to, although be aware this will involve meeting a person locally and purchasing which I would be very careful of doing

You can check out LocalBitcoins here

Coinmama: Buy Bitcoins with Credit Card


Coinmama is somewhere that revolves their whole business around purchasing BTC with debit and cards, the are well respected and have been around for awhile now. It really is one of the easiest right up there with Coinbase, the fee's may be slightly higher but that's because like Coinbase the Bitcoin your receive is instant. They now also offer ETH!

Checkout CoinMama Here


Cex.io is another huge exchange that has been around a long time, initially creating their name by host Ghash mining pool they moved away from that and focused on buying and selling Bitcoins and Ethereum. I personally have not used CEX as much as coinbase but like coinbase they are instant and you can buy with credit or debit card. I would not use any other companies other than these two when buying instant Bitcoin with your debit or credit card

You can check out CEX.io here




Exchanges