79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3acontent79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a
SOURCE: 79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3asource79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a – Read entire story here.
Nvidia GTX RTX 3080 Leaked – Twice the Hashrate of an RTX 2080 at the Same Price
79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3acontent79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a
SOURCE: 79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3asource79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a – Read entire story here.
How To Setup a SIA Host – Windows Tutorial
Sia Hosting Tutorial for Windows
SIA is a decentralized storage network that allows renters to keep their data safe and 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} private. Some of its main selling points is that SIA offers very competent prices per stored Terabyte of information due of its decentralized nature.
All transactions within the network are done using the SIA coin and there are three ways of getting your hands on it:
- By mining it (can be mined with GPU and ASICs)
- By hosting data (more details on this article)
- By trading it
SIA Hosting vs Mining
Mining supports the decentralized nature of the SIA blockchain. Just like, say, Ethereum, SIA needs a lot of hashpower to stay decentralized and reliable. That’s why it’s performed using GPUs and ASICs (though as of today, only the latter is somewhat profitable).
Hosting, on the other hand, does not generate any SIA coins. Instead, hosts create the product SIA is offering, which is decentralized storage. Any coins you earn through hosting are coins someone paid to rent storage space from the network.
The SIA Coin – What to Do with It
You can trade, hold it (Sia-UI wallet) or you can use it to buy cheap cloud storage and keep your files safe there.
How to Host SIA
Let’s get into the meat of the article.
1) First and foremost, you need to comply with the minimum requirements:
- Have a PC that’s on 24/7, with a downtime of up to 14 hours per month
- Have free storage of at least 4TB (though ideally, you should always have more than 4TB free to have higher host score). Depending on the deals you find, 6TB hard drives usually offer the best price per TB. Second hand hard drives work too.
- A reliable internet connection with no data caps
- Good bandwidth. To give you a few examples, you need at least 6 Mbps to score a 2/10 and 10 Mbps to score a 5/10. The higher your score, the more chances there are you will get a contract. Besides, you will earn the most from uploading and downloading files rather than from storing them. A good internet connection is key.
- Own at least $4-10 worth of SIA coins (that’s ~2,000-4,000 SC by the time I am posting this article)
- Commitment. This one is more about strategy. If you stop hosting while having active contracts you will lose money. Plus, it takes weeks to build a good track record and get a node to good rank, so, before you actually start, make sure you can commit to hosting.
2) Here are a few extras that might help you:
- Battery backup – in case the power goes off, especially if your electricity provider proved to be unreliable in the past
- Linux OS – while you can host on Windows, Linux is a better option so if you can, use it instead. Ill use Windows this time.
- A Solar Panel – if you live in a sunny area, having one of those might help you save money in the long run.
3) Getting the right software
- SIA Wallet – the first thing you need is the official SIA wallet. You will use it to store your SIA coins and you can also upload and download files from it in case you decide to become a renter and give your mined SIA tokens a use.
- SIA Host Manager – This is an open source tool I would strongly suggest you to use to manage your host. You can obviously use the SIA Wallet alone but the Host Manager from siacentral has quite a few useful features you don’t want to miss. It allows you to monitor connection status, add, remove and resize storage folders, change host configuration, get advanced metrics and do other useful things.
- Your Host Page on SIAStats.com – SIAStats is an extremely useful website that allows you to monitor your host and see how much SIA likes it. The SIA network uses a ranking system that decides which hosts will be shown to renters first. Higher rank means more potential contracts. Keeping an eye on your host, as well as on other hosts is critical.
- SIAStats has an alarm feature that will notify you as soon as your host goes offline or has any other issues. The mobile one is pretty handy, I would definitely recommend you giving it a try.
Sia Hosting Hardware
Here is the hardware that i used for this sia hosting pc (below you will find other and maybe better alternatives as well)
- Motherboard: 1x Gigabyte AM3+ AMD GA-970A-DS3P (6x sata ports)
- CPU: 1x AMD FX-8320 FX 8-Core
- RAM: 1x Kingston HyperX FURY 8GB Kit (2x4GB) 1866MHz DDR3 CL10
- SSD: 1x PNY CS900 120GB 2.5” SATA III
- HDD: 8x TOSHIBA DT01ACA300 3TB 7200 RPM 64MB Cache SATA 6.0Gb/s 3.5 or CORSAIR VS450
- PSU: 1x FSP Hyper M 85+ 550W (8 SATA Ports)
- GPU: 1x Sapphire Radeon HD 6450 1 GB DDR3
- RAID: 1x PCIe 4 SATA ports 3.0
- FAN: 4x Noctua NF-P12 redux-1700 PWM, High Performance Cooling Fan
- CASE: 1x Deep Silence 2 Mid Tower Extended ATX Case Limited Edition, Championship White (any case that have space for 8x 3.5 HDDs)
NAS (Network Attached Storage) for Hosting SIA
How to Set a SIA Host
Once you have everything ready, follow me along the following steps to install and configure your SIA host:
SIA Wallet and Host Manager Installation
1) Port Forwarding Router Setup
First of all we will have to forward the following ports: 9980, 9981, 9982, 9983. This can be done from your router. Here is a very useful article if this is new for you!
2) Sia Wallet Installation
- download from official website https://sia.tech/get-started
- Install, create new wallet (select import from seed if you already have one), save the seed, wait for full sync
- To skip the waiting download Bootstrap from here: https://siastats.info/consensus.html, once downloaded (remember to completely close SIA-UI wallet) go to “C:UsersUSERAppDataRoamingSia-UIsia” and upload archive content there (replace the files and folders). Start Sia-UI once again and wait for full sync.
- Once synced go to dashboard, click on wallet, click “more” top right, select change password, use your seed as current password and then type your new password. If no password set, wallet will ask for seed every time we open it.
- Go to “Receive” tab and generate new address, copy it, we will use it later.
3) Sia Host Manager Installation and Configuration
- Download latest version of SIA Host Manager from here https://github.com/siacentral/host-manager/releases/
- Install it, select “Import” when asked if you want to import your configuration from Sia-UI Wallet (it will automatically import wallet address and synced process)
- Leave “Daemon Flags” as they are, unless you want to change them.
- Send 3,000 SIA to your newly generated wallet address (You can buy SIA here If you don’t own any), select “Done” when funds are transferred.
- Connection: You will notice connection problems with the first run but you wont have to worry about it, we will fix it in the next steps
- Storage: Add your space to Host Manager
- SIA Host Price configuration (here you can set your own prices):
- Contract Price: 0.30 SC
- Storage Price: 460 SC TB/m
- Collateral: 920 SC
- Max Contract Duration: 6 Months
- Download Price: 460 SC/tb
- Registry Size: 10 GB
- Announce Host
- Optionally but recommended (also it is a must if you use storj on the same machine) you can set a custom DNS to your host before to announce it. I personally use duiadns.net (its completely free and very easy to use)
- Signup, confirm account, create your hostname (eg: siahost.duia.eu), download windows client install it, run it, enter your hostname and account password. It will automatically start with windows, no other actions are required from here.
-
- Now we are ready to Announce the Host on SIA network with custom DNS address
- Go to “Configuration” tab, on top right check “Accept Contracts“, click “Announce“, enter your custom host name eg: siahost.duia.eu:9982, click “Announce Host“
- Now the host will begin the listing, it will take a while because the system will benchmark your host and a score will be give based on your configuration and internet speed, eg: https://siastats.info/hosts?=233
Sia Host After Few Days
Sia Host After 1 Year
All You Need to Know About SIA Host Rank
Also known as Host Scoring Metrics, your rank is what determines how many contracts you will get. When looking for a node to host their data, the renter introduces the price they are willing to pay and the system offers them the top hosts in that price category. This means that having low fees alone won’t necessarily get you more contracts. If you want to be on the top, here’s what you need to know:
- Uptime – This is the most important factor. Your host must have good uptime and run the latest software version. The network keeps a track record of your uptime so try to keep it as close to 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} as possible since day 1. SIA gets software updates regularly so make sure to check for updates at least every couple weeks.
- Your rank drops if your remaining storage gets under the 4TB mark. When that happens, your rank gets instantly reduced by a whooping 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} until you free some space or add more storage.
- Pricing – setting the right price is critical: if it’s too low, it will result in demotivation. If you haven’t already, check my article where I break down how to set your hosting price as high as possible without losing contracts.
- Host age Your rank will be 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} or less of what it should be until it hits the 42 days old mark. There’s no way around this, just keep the host live with a good uptime so your track record is good.
Note: Your rank will be a mess for the first few days after you launch your node. This is okay. During that time, your host might get a very low rank. Don’t panic. Let the network benchmark your host for a week or so before doing any conclusions.
The SIA network has nodes located on three servers all around the world that constantly monitor hosts for bandwidth, uptime and latency. Those tests are called ‘benchmarks’ and they determine the rank of the host. It’s okay to have better latency and upload/download speeds with one of them.
My Rank Is Decent But I Am Getting Few Contracts, What’s Wrong?
There are two factors that might affect your contracts:
- Your pricing might need some tweaking; check your competitors.
- There are quite a few nodes geographically close to you so there’s more offer than demand.
- On that note, the network itself is still small. Patience is key here – It will take some time to fill up all the space.
SIA Mining
As for today, the only profitable way of mining SIA coin is by using an ASIC. GPU mining is possible but it’s no longer profitable. There was an incident with SIA bricking most existing ASICs by making an algorithm change, leaving only the Obelisk SC-1 units compatible with the new algo.As for today, those units are not on sale and even though they can be purchased from third party sites, the high price and low profitability combo makes them an option few people might be interested in.
In Conclusion
Hosting a SIA node isn’t for everyone but it’s quite straightforward and easy to do. If you haven’t already, make sure to check my analysis on hosting profitability. You will need that information to set the prices right.
If you can’t afford to run a powerful PC as a Sia host, you can get a RaspberryPi with 4GB RAM. Either way, give it a try but don’t put all your eggs in one basket.
I would like to thank Meije Sibbel (Co-founder & COO) from storewise.tech for proving me a lion’s share of the information I know about SIA hosting and renting. Meije Sibbel knows the ins and outs of SIA and he is currently developing the S3 API interface to Sia. Storewise.tech is platform that’s built on SIA that has similar functionalities to wetransfer.com. It’s a great platform and I can personally recommend it. I’ve been using it for a while now and I am not looking back.
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How to Host a Storj Node – Setup, Earnings & Reports
Almost three years ago, I have posted my first guide on how to host your own Storj node. Today, I’d like to make a follow up article and share my experience with Storj so far.
Why Did I Choose Storj?
There are many decentralized storage platforms available on the interwebs. Back in 2017, Storj was one of the most promising projects. Right from its beginning, it had a clear goal, a well-defined roadmap, and a team that was doing work. One of the selling points for me was that Storj was nailing their milestones and delivering exactly what they promised.
Storj’s bigger competitor is SIA, a platform I happen to host for, too. If you’re curious to know my results with SIA, check my report here. I’ve been running my SIA rig right next to my Storj one for over one year now.
One of the key differences between both platforms is that Storj has a fixed storage price, whereas SIA is a free market. Storj has also more strict hosting requirements, one of which is to have a downtime lower than 5h per month the 5 hour downtime requirement is being recently updated to a new online auditing scheme described here: https://documentation.storj.io/resources/faq/how-the-online-score-is-calculated, opposed to the 13h downtime for SIA. Storj is partnered with FileZilla and other services, which makes it one of the most popular decentralized storage services.
My Results so Far
It was 2017 and I started by connecting eight 3TB hard disk drives to my rig. It took me time to realize that it’s way better to connect only one, and add more storage as demand increases also there are other alternatives to build a Storj node such as QNAP NAS Device or RaspberryPi (coming soon on Synology & Western Digital).
Talking about demand, my hard drives remained mostly empty. This was obviously reflected in my income, which wasn’t all that fancy till late 2019. The release of Tardigrade in March 2019 allowed for enterprises to connect to the networks, and hugely increased the demand in Storj services as petabytes of information have to be stored in the network.
As for today, I am renting 2.7 TB of HDD space (currently one HDD, below you can find out how to add more nodes to the same windows machine using Toolbox), and have earned a total of 465 STORJ that roughly equals 200 USD. That’s not too fancy, considering that I spent that money on electricity to keep the rig running.
Best Hardware to Host a Storj Node
IMPORTANT:
Storj does not recommend running a node on dedicated hardware, but use a machine that is already online and running anyway, so this means you should NOT expect that income from the node would cover your electric bill or internet used to run the node. With existing hardware you are already using for some other purpose any income from Storj would be profit. Running a Storj node is not like mining. It is not recommended people buy hardware or rent internet connections just for running a node. I would recommend that new node operators always consult the official guide for setting up their node: https://documentation.storj.io as over time, some setup steps that work now may change in the future.
- Buy nothing, use what you already have or.. go “pro”
(check below) - WD 18TB Elements Desktop Hard Drive, USB 3.0
- QNAP 8-bay NAS/iSCSI IP-SAN, Quad-core 2.1GHz, 4GB RAM, 10G-ready
- HPE ProLiant MicroServer Gen10 Plus Ultra Micro Tower Server
- HPE ProLiant ML110 Gen10 Performance Tower Server
- CanaKit Raspberry Pi 4 4GB Starter PRO Kit + Western Digital 1TB-6TB
Or custom PC build:
To be honest i prefer custom rig for windows storj node hosting, here are the best and cheapest components i found with a total of $486:
- Mobo: MSI B460M-A PRO
- CPU: Intel Core i3-10100
- RAM: Crucial 8GB DDR4 2666 MHz
- SSD: Kingston 120G SSD M.2
- HDD: WD Blue 3TB
- PSU: Corsair CV450
- CASE: Cooler Master N400
- UPS: CyberPower CP350SLG UPS System
Here are some users Storj Nodes
Pictures from storj forum: https://forum.storj.io/t/post-pictures-of-your-storagenode-rig-s/1422
What to Expect in the Future
We know why hosting Storj wasn’t profitable until Tardigrade was released in 2019 and even then, it’s still barely bringing any money in. Despite that, I still believe that we are approaching a time where hosting Storj is becoming profitable.
Since the release of Tardigrade in mid 2019, the developers have been taking a lot of steps to popularize the project, and the results are clear as day.
If I get to find enough to fill all of the 24 TB I have available, the income from hosting might become quite interesting.
Regarding the Storj coin, it has experienced some price fluctuations just like other altcoins did. It was overpriced during the 2018 boom and then fell low during the infamous “crypto bloodbath”. Unlike most other altcoins though, Storj seems to be back on its feet, now priced 4x times higher than what it was exactly a year ago. This might be a good indicator that the product that is backing the coin has demand.
How to Set Up Your Storj Node
Here are the steps you need to take if you’d like to give Storj hosting a try:
Get your unique auth token
- Get your auth token here (save it, we will use it later): https://registration.storj.io/
Forward 28967 port
- Forward 28967 port from your router. Here is a very useful article if this is new for you!
Add firewall rule for 28967 port
- And add firewall rule for the same port: open PowerShell with administrator rights and paste the following command: “New-NetFirewallRule -DisplayName “Storj v3” -Direction Inbound –Protocol TCP –LocalPort 28967 -Action allow“, this will automatically do it for you, make sure to open CMD or PowerShell as Administrator.
Install myCrypto Wallet
- Install MyCrypto wallet (great because can create more than one address, same as Ethereum’s Mist wallet). Make sure to Verify Authenticity before installation, check here for instructions: https://support.mycrypto.com/security/verifying-authenticity-of-desktop-app.html, also download “Signed Checksums” (here is a video with instructions)
Create custom DNS
- Custom DNS: Go to duiadns.net (its completely free and very easy to use), signup (free), confirm account, create your hostname (eg: storjhost.duia.eu), download windows client install it, run it, enter your hostname (eg: storjhost.duia.eu) and account password. It will automatically start with windows, no other actions are required from here.
Storj Node Installation & Setup
Download Identity
- Download the Identity Binary: open CMD or PowerShell and paste the following text “[Net.ServicePointManager]::SecurityProtocol = [Net.SecurityProtocolType]::Tls12; curl https://github.com/storj/storj/releases/latest/download/identity_windows_amd64.zip -o identity_windows_amd64.zip; Expand-Archive ./identity_windows_amd64.zip . -Force” (this will take a minute)
Create Identity
- Create Identity (this can take from one to several hours): in the same CMD or PowerShell terminal paste the text: “./identity.exe create storagenode“, once finished make backup of “ca.key ” file.
Authorize Identity
- Authorize the Identity: copy “./identity.exe authorize storagenode <email:characterstring>” and replace <email:characterstring> with your auth key that was generated in the first steps, so the final command should look similar to this “./identity.exe authorize storagenode myemail@mails.com:1LT1geuT8AVz9BKqCDoBJYy33mv3moStYqf9AxZbAzJM14j2bYWSGo7cS4Eg8baxByaXjEXTc3zmEL2tfw6m3knBfonVYp“, paste it in the terminal.
Confirm Identity
- Confirm the identity: copy and paste the following commands to terminal, these should return the following numbers, 2 and 3
- (sls BEGIN “$env:AppDataStorjIdentitystoragenodeca.cert”).count
- (sls BEGIN “$env:AppDataStorjIdentitystoragenodeidentity.cert”).count
Storj GUI Installation & Setup
- GUI Install – download it here: https://github.com/storj/storj/releases/latest/download/storagenode_windows_amd64.msi.zip or here https://documentation.storj.io/setup/gui-windows/storage-node
- Run the installer (i recommend to not change the default locations)
- Select storage location
- Allocate how much disk space should be used (my hdd has 2.72 TB and i set 2.65 to be used)
- Click install and Finish
- Once clicked on Finish it will open Storj dashboard in your default browser
Storj Node Dashboard (finish)
Storj Node dashboard right after setup
- To access it you will have to open your browser and go to the following address: http://localhost:14002/
Storj Node dashboard after two weeks
Storj Node dashboard after almost one year
- Total Storj received so far: 465 STORJ
How to add new HDD to Windows Storj Node Hosting Rig
Since I am getting close to the 3TB storage mark, it’s getting time for me to add a secondary HDD. I will use this opportunity to show you how to do that exactly. Feel free to follow along.
On Windows there is/was no option to create new Node/Add new HDD by reinstalling Storj Node GUI, you are stuck with your first node (manually you can edit your allocated space, unless we install CLI using Docker which is bit more complicated). But not anymore, Vadim created a nice tool for us called “Storjnode Toolbox” which can allow us to add as many hdds as we need with just few simple clicks.
Below you can find the steps to follow to add new Storj Node HDD using Toolbox:
New Storj Node Preparations
- Download Storjnode Toolbox: https://github.com/TonyTosol/Storj-Node-Toolbox/releases/
- Apply for a new Unique AUTH Token, note that you will have to use a different email address.
- Port forward 28968, the main/default port is 28967 but since we add a new Storj Node to the same machine we need to use a different port, so we will increase 28967 with +1.
- Firewall 28968 Port Rule, follow the steps and modify the port from 28967 to 28968 , command line “New-NetFirewallRule -DisplayName “Storj v3” -Direction Inbound –Protocol TCP –LocalPort 28968 -Action allow“
- Create new wallet address, new node, new address.
- Download Identity, you should have this already, but to be sure just download it once again.
- Create new Identity, (this will take a while) in our main Storj Node we used “./identity.exe create storagenode“, this time we will modify “storagenode“, so i renamed it to “storagenode1“, here is full command to copy “./identity.exe create storagenode1“
- Authorize Identity, once again we will have to rename “storagenode” to “storagenode1“, please double check everything before hiting enter: “./identity.exe authorize storagenode1 <email:characterstring>” replace “<email:characterstring>” with your new email and unique auth token from second step.
- Confirm the identity, storagenode1
- (sls BEGIN “$env:AppDataStorjIdentitystoragenode1ca.cert”).count
- (sls BEGIN “$env:AppDataStorjIdentitystoragenode1identity.cert”).count
StorjNode Toolbox Adding Node
- Run Toolbox as administrator and click “Search Nodes“, this will display your main/first Storj Host Node
- Unique Identity Path: click “Geth Path” and default location is “C:UsersUserNameAppDataRoamingStorjIdentitystoragenode1” select “identity.key“
- Node External IP:Port: for “IP” use DNS created on duiadns.net, the “Port” should be “28968“
- Node Dashboard IP:Port: if this is the second node added the new port will be “14003“, the main port will always be 14002.
- ERC 20 Wallet: the new wallet address you created above with myCrypto.
- Storage Path: storage folder location where the files will be added for the new node
- Server Private Address: default port is “7778“, with the second we will use “7779“, with 3rd “7780” et..
- Storage Amount: choose how much space you want to allocate to this new Storj Node
- Storage2 Daabase-Dir: Usually same as “Storage Path” unless you use custom locations.
- Email: you can add the same email used for “Unique AUTH Key“
- Double check everything then click “Install“
- Done! to access new Storj Node dashboard go to “http://localhost:14003/“
In Conclusion
I honestly do not regret taking part in this node hosting journey. I’ve learned a lot in the way and I have supported the network when it needed it the most. As for today, Storj node hosting is becoming quite interesting, and I am intrigued to see how profitable it can turn. I am obviously keeping my current rig hosting Storj, and I will keep you up to date with how it goes.
Found this useful? Buy me a beer
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The post How to Host a Storj Node – Setup, Earnings & Reports appeared first on 1st Mining Rig.
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RTX 3080 Mining Hashrate Review
The RTX 3080 is widely praised as one of the best gaming GPU’s to the date. Not only it’s more powerful than the RTX 2080, it’s also cheaper, making it undeniable a better bang for the buck.
Since the card is only a few months old, little is known about its mining performance. Luckily for me, one of my friends happened to assemble a monster gaming rig with an Gigabyte RTX
3080 VISION OC 10G, and a new gen Ryzen 5 5600x. That beast of a PC can run Call of Duty Warzone at 240 fps average.
The man was nice enough to let me test his GPU on several mining algos.
Note: I will be getting my hands on the RTX 3090 soon to benchmark it and test it in my rigs.
Gigabyte RTX 3080 VISION OC 10G Specs
| Core Clock | 1?800 MHz (Reference Card: 1710 MHz) |
| CUDA® Cores | 8?704 |
| RT Cores | 2nd Generation |
| Tensor Cores | 3rd Generation |
| Memory Clock | 1?9000 MHz |
| Memory Size | 1?0 GB |
| Memory Type | GDDR6X |
| Memory Bus | 3?20 bit |
| Memory Bandwidth | 7?60 GB/s |
| Card Bus | PCI-E 4.0 x 16 |
| Card size | L=320 W=126 H=55 mm |
| Recommended PSU | 7?50W |
Gigabyte RTX 3080 VISION OC 10G Unboxed
Gigabyte RTX 3080 VISION OC 10G Mining Hashrate
As you will be able to see below, my first tests with the 3080 did not give the most breathtaking results. There are two reasons for that:
- There is still no software support that would let us enjoy the full potential of the 3080 for mining. We need both better mining software and better drivers. This is pretty common for cards that are new to the mining community. Note: I was not able to test it with Bminer due to a library error.
- The Gigabyte version apparently has issues with memory cooling, which causes hashrate drops over time. This issue is present on the Eagle OC, Vision OC, and the Gaming OC cards.
The Asus RTX 3080 10G, on the other hand, is reported to hash up to 97 Mh/s, though it’s not a card I had the chance to test yet. I have also not experienced any cooling issues with the 2080 and 2080Ti Gigabyte cards, so that’s a new. I will be looking further into this issue these days, and I will keep you updated.
The power consumption on the GeForce RTX 3080 Vision OC is quite high, with up to 350W on standard clocks, and around 250W at 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} power limit. I obviously run it on the lower power consumption settings, which give me 85 Mh/s on average for Ethash. Here’s a full list of algos and their respective hashrates:
Best Hardware for 6x RTX 3080 Mining Rig
- GPU: 6x RTX 3080 (gl)
- Motherboard: ASRock H81 PRO BTC, GIGABYTE GA-H110-D3A, Biostar TB250-BTC PRO
- CPU: Intel Celeron G1840 for ASRock H81 PRO BTC, Intel Celeron G3900 for Gigabyte H110-D3A & Biostar TB250-BTC PRO
- RAM: Kingston HyperX FURY 4GB 1333MHz DDR3 for ASRock H81 PRO BTC, Kingston Technology HyperX FURY 2400MHz DDR4 for Gigabyte H110-D3A & Biostar TB250-BTC PRO
- SSD: ADATA SU700 120GB
- PSU: 2x 1300w EVGA 1300W G2 or 2x 1200w Corsair HX1200
- USB Risers: 6Pcs Ver009 Gold- USB 3.0 Pci-E Riser Ver 009S
- Power Button: 2 Pin SW PC Power Cable on/off Push Button ATX Computer Switch Wire 45cm
- Energy Meter: TP-Link HS110 Smart Plug w/ Energy Monitoring
- 6 GPU Mining Rig Frame or here https://1stminingrig.com/product/aluminum-mining-rig-open-air-frame/
Gigabyte RTX 3080 Vision 3Dmark Benchmark
Gigabyte RTX 3080 Mining Hashrate Performance
Ethereum Hashrate Stock Clocks (Micron)
RTX 3080 Ethereum Hashrate (ethash)
Hashrate 87.5 MH/s
- Clocks +1/+1000
- Power Limit 100
- Power Draw 230w
Hashrate 82.5
- Clocks +150/+1500
- Power Limit 60
- Power Draw 222w
I found later on that best settings for highest hashrate were to set power limit to 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} with +150/+1500 clocks.
RTX 3080 Ethereum Classic Hashrate (etchash)
Hashrate 83.5 MH/s
- Clocks +150/+1000
- Power Limit 60
- Power Draw 222w
RTX 3080 Ravencoin Hashrate (kawpow)
Hashrate 44.3 MH/s
- Clocks +150/+1500
- Power Limit 100
- Power Draw 270w
Hashrate 41.2
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Grin Hashrate (cuckatoo29)
Hashrate 9.4 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 340w
Hashrate 9.3 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Grin Hashrate (cuckatoo32)
Hashrate 0.94 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 360w
Hashrate 0.91 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Nexus Hashrate (nexushash)
Hashrate 370 MH/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 372.5 MH/s
- Clocks +150/+0
- Power Limit 70
- Power Draw 260w
RTX 3080 Lux Hashrate (phi2)
Hashrate 19 MH/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 19.5 MH/s
- Clocks +150/+0
- Power Limit 70
- Power Draw 260w
RTX 3080 Veil Hashrate (progpow-veil)
Hashrate 42.5 MH/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 290w
Hashrate 42.6 MH/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Beam Hashrate (beam hash III)
Hashrate 50 Sol/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 355w
Hashrate 48 Sol/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 AE Hashrate (aeternity)
Hashrate 15.6 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 14.7 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Aion (equihash 210_9)
Hashrate 516 Sol/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 506 Sol/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Bitcoin Gold (Equihash 144,5 BgoldPoW)
Hashrate 155 Sol/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 150 Sol/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Conflux (octopus)
Hashrate 80.8 Mh/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 270w
Hashrate 81.2 MH/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Cortex (cortex)
Hashrate 5.25 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 5.8 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 MoneroV (cuckarood29v)
Hashrate 16.2 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 15.8 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 MimbleWimbleCoin (cuckarood29v)
Hashrate 16.2 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 16 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Sero (sero)
Hashrate 43 Mh/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 270w
Hashrate 40 Mh/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Swap (cuckaroo29s)
Hashrate 15.5 G/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 350w
Hashrate 15 G/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Veriblock (VProgPoW)
Hashrate 21.2 Mh/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 270w
Hashrate 21 Mh/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 YCash (Equihash 192,7 ZcashPoW)
Hashrate 71 Sol/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 355w
Hashrate 68 Sol/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Zano (ProgPowZ)
Hashrate 41 Mh/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 260w
Hashrate 41 Mh/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 ZCoin (mtp)
Hashrate 6500 Kh/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 355w
Hashrate 5,800 Kh/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
RTX 3080 Zelcash (equihash 125,4 zelproof)
Hashrate 87 Sol/s
- Clocks +0/+0
- Power Limit 100
- Power Draw 355w
Hashrate 83 Sol/s
- Clocks +150/+1500
- Power Limit 70
- Power Draw 260w
thanks!
RTX 3080 vs. RTX 2080 vs. GTX 1080Ti Mining Hashrate
| Ethash hashrate | Power draw | Power Efficiency | Efficiency* | |
| Gigabyte RTX 3080 | 85/ Mh/s | 225w | 0.37 /mh/s per watt | 0.077 Mh/s per invested dollar* |
| Gigabyte RTX 2080 | 41.1 Mh/s | 105w | 0.391 mh/s per watt | 0.034 Mh/s per invested dollar* |
| Gigabyte GTX 1080 Ti | 40 Mh/s (pill) | 165w | 0.242 mh/s per watt | 0.04 Mh/s per invested dollar* |
(*) Values based on the best prices I was able to find at the moment. The GPU market is known for being volatile, so these numbers should be taken as reference only.
So far, the Gigabyte 3080 is not offering the best power efficiency even with its power consumption reduced by 30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}. Another thing to keep in mind is that powerful PSUs cost a lot, at the point it might be more profitable to assemble a rig that produces less but also consumes less, and thus doesn’t require a huge PSU to operate.
Now, if power efficiency isn’t as much of a concern for you, then the 3080 does offer way better hashrate per dollar invested.
RTX 3080 vs. RTX 2080 vs. GTX 1080Ti Specs
| RTX 3080 | RTX 2080 | GTX 1080Ti | |
| Memory | 1?0 GB GDDR6X | 8 GB GDDR6 | 11 GB GDDR5X |
| Memory Interface Width | 3?20-bit | 256-bit | 352-bit |
| Memory Bandwidth | 7?60 GB/s | 448 GB/s | 484 GB/s |
| CUDA Cores | 8?704 | 2944 | 3584 |
| Core Clock | 1?800 MHz | 1830 MHz | 1582 MHz |
| Price | 1100 | 1230 | $ 1000 |
In Conclusion
As for now, it’s hard to have a conclusive opinion on the RTX 3080. It’s a new card, so it’s very probable that we haven’t unlocked its full mining potential yet. It does look like a better investment than the previous models but only because of how overpriced 1080’s and 2080’s currently are.
I will keep you updated on this, and I am also getting the RTX 3090 soon to benchmark it. Have a good one!
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Mining Performance -
Power Consumption -
Colling -
Price
4
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NVidia is ‘Nerfing’ the RTX 30xx GPU’s for Ethereum Mining – It Comes with Its Downsides
Recently, NVidia announced in their blog that the company is implementing a new “feature” to their RTX 3060 and future cards. This new implementation will detect mining-related operations and limit the GPU resources, thus reducing mining speed.
What’s going on?
So far, the only affected cryptocurrency is Ethereum. The hashrate reduction is a solid 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}. According to NVidia, the reason for this ‘nerf’ is to decrease the demand for new-gen GPUs in the mining community, and fight the current gaming GPU shortage.
we’re taking an important step to help ensure GeForce GPUs end up in the hands of gamers.Nvidia
NVidia however still wants to support the mining community. In order to do that, the company announced the NVidia CMP – a GPU-like card without any output ports designed specifically for mining GPU-minable coins.
We have already seen something similar with the Nvidia P102-100 GPUs , though never before NVidia has forced miners away from using gaming GPUs so openly.
The Downsides
As a gamer myself, I would love to see the gaming GPU shortage issue solved. In fact, the only reason I’ve got into mining a few years ago was so I could game on a high-end GPU and have it pay for itself over time.
Having gaming gear that pays for itself is any gamer’s dream. Now, do these actions by NVidia get us any closer to that dream?
The answer is probably no. Here’s why:
#1. Big Mining Facilities Will Still Deplete Gaming GPU Stocks
Some people zealously defend NVidia for its decision. What they don’t understand is that mining is a GPU sink. Big mining facilities will keep buying GPUs in bulk as long as mining is somewhat profitable.
And here’s the thing – NVidia is more than happy to supply miners with gaming GPUs.
Some of you already noticed that NVidia is using the term ‘Mining community’ a bit too vaguely, which makes some of their public statements misleading. Let me explain.
We need to understand that the mining community is comprised of two groups of people. The first group are the home miners, most of which are gamers, the ones NVidia is supposed to be defending.
The second group are the big mining facilities. They are the ones that buy most of the GPU’s and cause the gaming GPU shortage to begin with. I am talking about the multimillion companies, most of which are located in China, Iceland and other countries with free electricity. Those companies can afford to buy a big share of the available GPU stock for their farms.
If you wonder how big they are, we are talking about several companies that are worth billions of dollars that operate huge mining facilities with millions of gaming GPU’s in them.
#2 Big Mining Facilities Will Bypass the Hashrate Restrictions
NVidia stated that this hashrate limitation is implemented in the “RTX 3060 software drivers”. Thing is, custom drivers are a thing, and so are custom BIOS flashes.
Big mining companies have their own teams of IT engineers who make their own drivers for optimized mining. Only amateur miners (most of who are gamers) mine under Windows using official NVidia drivers.
This point begs a question: who will get affected by the hashrate nerf, then?
#3 Gamers Are the Only Ones Getting ‘Nerfed’ Here
Think about this: as a gamer who bought the new RTX 30xx card, you will no longer be able to mine in your spare time to make some extra money with your GPU. Not as efficiently as before anyway.
A lot of gamers are getting into mining to make up for the insanely high costs of graphic cards. Now, this alternative will become less viable.
Also, if the mining craze calms down, you might no longer have the option to go to eBay and buy a used new-gen GPU for a fraction of the price as you could back in 2019. Instead, you will have a million offers of used CMP cards you cannot use for gaming.
#4 Is Ethereum Really the Issue Here?
Another thing to consider is that NVidia is nerfing the mining hashrate of only one algorithm, which is ethash. This again rises questions on who’s going to get affected by the nerf the most. Ethereum is one of the most known coins, and it’s one of the easiest ones to mine, too. There are a lot of user-friendly miner software for the coin like CudoMiner, which makes it easier for amateurs (i.e. gamers) to get into mining.
With Ethereum mining no longer being profitable on the newest GPU’s, more experienced users will still find ways around this issue. We can always switch to non-ethash altcoins that are just a bit less profitable to mine, or use custom drivers under Linux to bypass the hashrate limitation.
The average joe however might think that GPU mining is straightforward over.
#5. NVidia’s Decision Might Affect Ethereum Decentralization
The sole idea of GPU-minable cryptocurrencies is that anyone with a gaming GPU at home can contribute to the safety of the blockchain. This is called decentralization, and it’s is what makes cryptocurrencies so appealing.
Obviously, the more experienced users will find their way around this issue. However, the fewer average gamers are mining the currency, the less decentralized it becomes.
On the bright side, this might open new possibilities for AMD and maybe even Intel. Besides, the GPUs we have right now will not be affected by these limitations, and they might still be profitable to mine with for a few years from now.
Will We Have Less GPU’s Now?
We are currently experiencing a global semiconductor shortage. This leads us to a question: what chips will NVidia use on their CMP’s?
First of all, developing a new chip costs hundreds of millions of dollars, so there’s little chance that NVidia will actually do that for a mining GPU. The mining scene is very unpredictable, and the insane demand in mining gear might end abruptly any day.
According to the company, they will use dice that weren’t good enough for gaming GPU’s, but that will do just fine for mining.
The chips used for CMP could not meet the specifications of GeForce and don’t impact overall GeForce capacity or availabilityNvidia
As The Verge pointed out though, the official shot of a CMP chip looks nothing similar to that of an Ampere-based RTX 3080/3090, or the GA104 used in the RTX 3060Ti/3070. Maybe NVidia is putting old Pascal architecture chips to use.
I’m not going to speculate on whether those sub-performing dice could still be used for gaming GPU’s. I know there are a lot of talk regarding how NVidia and other companies managed to give bad dice a second life in the past. All I’m going to say is that the new CMP will not mine as fast as the RTX 30xx cards. They might however be more power-efficient. That we will know once third-party testing becomes possible.
In Conclusion
I’m not here to bash on NVidia for their marketing decisions. The only takeaway here is that I would personally not expect this decision by NVidia to solve any issues with gaming GPU supply.
The new CMP cards might be interesting if they get sold for cheap. Just keep in mind that they have zero resale value so they still might not be the best option for home miners.
The post NVidia is ‘Nerfing’ the RTX 30xx GPU’s for Ethereum Mining – It Comes with Its Downsides appeared first on 1st Mining Rig.
SOURCE: 1st Mining Rig – Read entire story here.
Storj v3 Network Update – Everything A HDD Miner / Farmer Needs to Know About
Storj, a decentralized file storage network is getting ready to launch Tardigrade – a new and more reliable version of the Storj network aimed to be use by enterprises. The devs have been working hard for the past two years and now they seem to be very close to stepping the game up. Once the transition is complete, the network is expecting to receive petabytes of information from companies in a matter of a few months.
By the way, if you are planning on using Tardigrade, you can join the wait list and get 1TB free for 30 days at production launch.
As Storj CEO Ben Golub said in one of his official talks, there are numerous companies interested in migrating their data to Storj. He said we are talking about petabytes of information (1 Petabyte = 1000 Terabytes) ready to be translated to the network as soon as it exits the beta stage.
All of the above means that the network needs as many nodes at it could get. With the Pioneer 1 update for the v3 network rolling out, Storj needs mining enthusiasts to join the network.
Storj Storage Node Requirements
The requirements are pretty straightforward, though quite high:
- 1 Processor core
- 500GB or more available disc space
- 2TB or more available bandwidth a month
- 5Mbps+ upstream bandwidth
- 25Mbps+ download bandwidth
- 99.3{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} Uptime (maximum of 5 hours downtime a month)
To ensure the uptime, you might need to get an UPS (uninterruptible power supply) as well as good cooling and constant monitoring with a way to alert you as soon as there is an issue with any of the components.
On the bright side, you don’t have to be exactly a tech savvy to set your own node up. There is an official guide and I will be making my own one too. There are a lot of steps to follow but none of them require you to have any sort of advanced tech knowledge.
Storage Node Profitability
Now, is this even worth your time?
I know what you’re thinking. One glance at the price charts is enough to get the impression that Storj Coin has seen better days. I’m not even talking about the Cryptocurrency market boom in late 2018 where the coin was priced tens of times higher than it is now. After the boom, Storj prices dropped in the worldwide crypto bloodbath and now it’s about half of what it used to be before the boom.
A lot of cryptocurrencies died in that bloodbath however Storj not only survived, it also stabilized and remained stable for the past year. Consistency is a pretty rare quality in the cryptocurrency world and it usually signals that the coin is being backed up by a real product that has real demand.
Now, if Ben Golub is right and thousands of customers will rush into the network as soon as the transition is complete, we might see an increase in the Storjcoin price.
Moreover, if you are familiar with Storj HDD farming/mining, you know that you earn based on how much HDD space is being used, not on how much you have allocated for the network. This means that the busiest the network is, the more you can potentially earn.
I ran different speed tests..
A Quick Recap on Tardigrade
In case you haven’t been following Storj closely for the past few months, here’s a quick recap:
Tardigrade is the enterprise, production-ready version of the Storj network, complete with guaranteed SLAs.
Since Tardigrade is designed for enterprise usage, it needs to comply with high quality standards. Here are some of its key qualities:
- Scalability – Tardigrade will scale and support enough data to suit the needs of tens of thousands of individuals and corporations.
- Performance – Today, Amazon S3 is pretty much the golden standard of cloud storage and Tardigrade should, in theory, match or even outperform it once it reaches production stage. With upload and download speeds similar to that of Amazon S3, Tardigrade might become a better alternative to the S3 and begin attracting even more customers. Here are some performance numbers to give you an idea on what to expect.
- Safety and Retrievability – Tardigrade already proved to have 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} file safety (no files were lost during the test period), as well as a 99.93{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} retrievability (in other words, there is a 99.93{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} chance that you will begin downloading your file on the first attempt). It’s also worth mentioning that thanks to the decentralized nature of the network, all files are safely distributed all around the globe and enjoy a client-side AES-256-GCM encryption.
- User-Friendliness – Intuitive design and built-in Amazon S3 compatibility.
- Pricing – Tardigrade is known for its low storage rates which can be achieved thanks to decentralization. The rates can go as low as half compared to those of centralized storage alternatives.
Roadmap
The Storj team is now facing the most challenging steps of their roadmap. The Pioneer 1 Beta for the v3 network has finally arrived and now their task is to release the Pioneer 2, and then the production by the end of this quarter. We are talking about migrating the network from a test environment to a full-scale production in a matter of a few months.
To give you an idea, for now the service features 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} the speed of AWS (Amazon Web Services) when it comes to uploads and downloads. The idea is to bring it at par with AWS in Pioneer 2 and make it 20{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} faster than AWS in the final release.
Other qualities are being worked on too. Retrievability, satellite availability and proven capacity should all see an improvement in Pioneer 2 and the final release.
So far, the Storj team has been hitting their milestones consistently. They need all the support they can get so if you want to host your own node, now might be the best time to do so.
Note: If you haven’t already, you should convert your old SJCX tokens to the new ethereum-based STORJ tokens ASAP. Storj will end their token conversion program January 1, 2020.
Hosting Your Own Node
- To host your node you have to request your auth token here.
- Once you get your token, you have to generate an identity by following the Official Guide for a Windows GUI installation or This Guide for a CLI installation (Linux and macOS).
- Once you have that done, you will have to set up Port Forwarding, which is also explained in the official guide.
- After completing all of those three steps, you can now download your Storj software on your node and proceed to install it by following This Guide.
- Once everything is set up, check This Guide on how to operate the freshly installed software.
Pro Tip: I have learned that it’s better to install the node software on one HDD at a time. Once that HDD is full, you can add a second one and so on.
thanks!
“How i host my nodes”
About two years ago when i posted my first “how to mine storj” article i have build a regular PC with 8 HDDs of 3TB each, still not sure if what i did was the best option but it actually worked pretty good, ROI was targeted and also got something in return to pay for my efforts haha :). As for the next article / tutorial i will try to find the best components to start hosting storage nodes on Storj network.
Meanwhile here is the list with the components i used back in the days:
Storj Hosting Node Hardware
- Motherboard: 1x Gigabyte AM3+ AMD GA-970A-DS3P (6x sata ports)
- CPU: 1x AMD FX-8320 FX 8-Core
- RAM: 1x Kingston HyperX FURY 8GB Kit (2x4GB) 1866MHz DDR3 CL10
- SSD: 1x PNY CS900 120GB 2.5” SATA III
- HDD: 8x TOSHIBA DT01ACA300 3TB 7200 RPM 64MB Cache SATA 6.0Gb/s 3.5 or CORSAIR VS450
- PSU: 1x FSP Hyper M 85+ 550W (8 SATA Ports)
- GPU: 1x Sapphire Radeon HD 6450 1 GB DDR3
- RAID: 1x PCIe 4 SATA ports 3.0
- FAN: 4x Noctua NF-P12 redux-1700 PWM, High Performance Cooling Fan
- CASE: 1x Deep Silence 2 Mid Tower Extended ATX Case Limited Edition, Championship White (any case that have space for 8x 3.5 HDDs)
If requested i can make walk through step by step article on how i built everything, but for now you can enjoy this photos taken while i was working on it.
Started the rig recently with one HDD only, i will connect more HDDs once the first one is full.. this was started few days a go only.. everything looking good.
Feel free to recommend hardware if you have any ideas for the best machine to host Storj Storage Nodes
What about a HP Proliant MicroServer ? Quad core, can run 4 Storage Nodes.. having 10TB HDDs installed one by one when these get full..
In Conclusion
I have been following Storj for the past couple years and the project seems to be doing pretty well so far. Just like any other project, it has its ups and its downs, however it seems to be moving forward despite everything.
If you are interested in hosting a node, now might be the best time. I will keep you updated with the latest and most important information regarding Storj mining so make sure to follow me in any of the social media to not miss the next big update.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
Subscribe and stay tuned for further updates!
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How to Mine Monero RandomX with CPU & GPU
Monero just forked as planned and switched from the previous Cryptonight V8 algorithm to the new RandomX.
RandomX is pretty unique in a way so far, it’s best mined with CPUs and not GPUs. The change is pretty huge; CPUs now offer between 100-1000{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} better value for the money compared to GPUs.
What the Fork? Or why is Monero Forking Every 6 Months: A Recap
Initially, cryptocurrency mining started as a way to allow people like you and I help the blockchain remain decentralized. If the hashrate comes from a million small CPU and GPU miners, each belonging to a different person, there is no single weak link or node that could be attacked to compromise the network. That’s the definition of decentralization.
The introduction of ASICs affected decentralization in a few ways:
- First of all, ASICs are expensive and have to be bought separately, whereas everyone already has a CPU in their computer. This greatly limits the amount of people who is able to get involved into mining.
- The second thing is that ASICs can be easily stacked in farms; A company that can invest enough into a farm can get a decent share of the network hashrate.
To prevent all of that from happening to their coin, the Monero team decided to slightly change and improve their mining algorithm every six months. ASICs are fast but they are not flexible. They are hardwired to mine a certain algorithm. Any slight change in the algorithm renders all existing ASICs unable to mine it, whereas CPU and GPU miners only have to update their software.
Monero first forked in April 2018 and have been doing that regularly every 6 months since then. 6 Months is roughly what it takes for a company like Bitmain to design and release an ASIC on a certain algorithm.
Everything a Miner Should Know about RandomX
As the name suggests, RandomX is features random code execution, as well as memory-hard techniques. This makes the algorithm very CPU-friendly. So far, there are a few other coins based on RandomX, the most popular being LOKI, ArQmA and Wownero.
The three most popular miners used for this new algorithm are XMRig, SRBMiner-MULTI and XMR-STAK-RX.
- XMRig just received an update that made it the most flexible and fastest miner from this list.
- SRBMiner-MULTI is still a decent alternative.item
- XMR-STAK-RX the slowest of the bunch, though it’s also the newest one. It has no dev fee and if it gets a speed boost, it might become the new big thing.
Best CPU to Mine Monero RandomX – Benchmarks
to be updated soon..
- AMD Ryzen 9 3950X 16-core – 19,000 H/s – 170w
- AMD Ryzen 9 3900X 12-core – 7,700 H/s – 150w
- AMD Ryzen 7 3800X – 9,000 H/s – 105w
- AMD Ryzen 7 3700X – 7,000 H/s – 100w
- AMD Ryzen 5 3600 – 7,500 H/s – 135w
| CPU | RAM | OS | AES | CNv4 | Fast mode | Light mode |
|---|---|---|---|---|---|---|
| Intel Core i9-9900K | 32G DDR4-3200 | Windows 10 | hw | 660 (8T) | 5770 (8T) | 1160 (16T) |
| AMD Ryzen 7 1700 | 16G DDR4-2666 | Ubuntu 16.04 | hw | 520 (8T) | 4100 (8T) | 620 (16T) |
| Intel Core i7-8550U | 16G DDR4-2400 | Windows 10 | hw | 200 (4T) | 1700 (4T) | 350 (8T) |
| Intel Core i3-3220 | 4G DDR3-1333 | Ubuntu 16.04 | soft | 42 (4T) | 510 (4T) | 150 (4T) |
| Raspberry Pi 3 | 1G LPDDR2 | Ubuntu 16.04 | soft | 3.5 (4T) | – | 20 (4T) |
How to Mine Monero RandomX with CPU
I will take as example for this article XMRig miner and i will be using a AMD FX-8350 CPU
- Download latest XMRig miner here: https://github.com/xmrig/xmrig/releases, i am using Windows 10 Home and downloaded the “xmrig-5.5.0-gcc-win64.zip“, extract archive contents
- To configure the miner is very simple and it can be done in different ways 1) edit “config.json” file and add wallet address, replace pool if needed ; 2) using the configuration wizard from here: https://xmrig.com/wizard , once details are added you can copy two types of commands a) Config file: copy and replace what is found in “config.json” ; b) Command line: create a text document like “monero_randomx.txt” and paste the details there, then rename from .txt to .bat
- Remember to use any pool from this list https://miningpoolstats.stream/monero to spread the hashrate.
- Start “xmrig.exe” to run the miner.
Note: If you’re running XMRig on a rig with an Intel processors you should disable “Hardware prefetcher” and “Adjacent cacheline prefetch” in BIOS to improve performance.
Also if you notice low hashrate you could try to add your username to “Lock pages in memory”. Go to gpedit.msc -> Windows Settings -> Security Settings -> Local Policies -> User Rights Assignment and look for “Lock pages in memory“, double click to open it, click “Add user or group” and type in your PC username, apply settings and reboot the machine. You can also try to increase virtual memory as we do on gpu mining rigs.
Monero RandomX Mining Calculator: https://whattomine.com/coins/101-xmr-randomx
How to mine Monero RandomX with GPU
RandomX GPU Hashrate Benchmarks
Monero RandomX Nvidia GPUs Hashrate Benchmarks by github.com/SChernykh
| Model | CryptonightR H/S | RandomX H/S | Relative speed |
|---|---|---|---|
| GTX 1050 2GB (stock) | 299 (75 W) | 181 (75 W) | 60.5{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| GTX 1660 Ti max overclock (2070/13760 MHz) | 626 (98 W) | 671 (103 W) | 107.2{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| GTX 1660 Ti low power (1785/13760 MHz) | 604 (70 W) | 567 (70 W) | 93.9{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| GTX 1070 (1850/7600 MHz) | 612 (89 W) | 609 (108 W) | 99.5{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| GTX 1070 Ti (1900/7600 MHz) | 625 (97 W) | 769 (123 W) | 123.0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| GTX 1080 Ti (1930/10010 MHz) | 787 (145 W) | 1136 (190 W) | 144.3{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| GTX 1080 Ti (2037/11800 MHz) | 927 (183 W) | 1122 (190 W) | 121.0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| RTX 2080 (1980/13740 MHz) | 828 (142 W) | 1191 (189 W) | 143.8{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| RTX 2080 Ti (1915/13600 MHz) | 1105 (197 W) | 1641 (242 W) | 148.5{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| Titan V (1335/850 MHz) | 1436 (101 W) | 2199 (125 W) | 153.1{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
| Tesla V100 (1530/877 MHz) | 1798 (134 W) | 2524 (177 W) | 140.4{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} |
Monero RandomX AMD GPUs Hashrate Benchmarks by github.com/SChernykh
| Model | CryptonightR H/S | RandomX H/S | Relative speed | Comment |
|---|---|---|---|---|
| AMD Radeon VII (stock) | 3125 | 1500 | 48{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode, 150W |
| AMD Vega 64 (1700/1100 MHz) | 2200 | 1225 | 55.7{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode, 285W |
| AMD Vega 64 (1100/800 MHz) | 1023 | 845 | 82.6{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode, 115W |
| AMD Vega 64 (1700/1100 MHz) | 2200 | 163 | 7.4{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | VM interpreted mode |
| AMD Vega FE (stock) | 2150 | 980 | 45.6{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode (intensity 4096) |
| AMD Radeon RX 560 4GB (1400/2200 MHz) | 495 | 260 | 52.5{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode (intensity 896) |
| AMD Radeon RX RX470/570 4GB | 930-950 | 400-410 | 43{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode, 50W |
| AMD Radeon RX RX480/580 4GB | 960-1000 | 470 | 47{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | JIT compiled mode, 60W |
In Conclusion
This new fork puts Monero in a pretty interesting spot. On one hand, it made all GPU miners switch to other coins though on the other hand, it might attract more different people. That’s definitely good for decentralization of the coin and since its global hashrate dropped because of that, a lot of people might find it interesting to try mining it.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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Best CPU to Mine Monero RandomX – Building Your Own Rig
As for today, RandomX is the newest and most profitable CPU-minable algorithm. It has been designed to repel ASICs, FPGAs and even GPUs. As the name suggests, the algorithm is based on random code execution and memory-hard techniques.
The main idea behind a CPU-minable coin is to improve decentralization by getting as many different people into mining. You’ve heard it right, different people, not a handful of people with a gazillion mining rigs stacked in a farm.
So far, this coin probably the most profitable to mine on an already existing mid-high tier gaming rig. Any gamer out there can quickly and easily install the miner and use their PC to hoard cryptos at night. The simplest way to start mining Monero RandomX is CudoMiner, with plenty of settings.
Building a rig specifically to mine RandomX is pretty tricky. Building a profitable GPU rig is way easier than a CPU one, main reason being that it’s possible to connect multiple GPU’s to one motherboard whereas each CPU usually needs its own motherboard, memory and hard disk drive. CPU rigs are bulkier, more expensive and yield less than GPU ones.
However, there are ways of making CPU mining profitable. Let me show you three ways you can profit by mining RandomX.
Best CPU to Mine RandomX
Since the CPU is the one doing the work, let me start by listing the best CPUs to mine RandomX coins. I have done the homework for you on this one:
You will see a lot of AMD processors in this list simply because the algorithm is mined faster on multi-core and multi-thread processors, and AMD Ryzen series are leading in those areas for now.
AMD Ryzen RandomX Mining Hashrate
AMD Ryzen 9 RandomX Hashrate
- AMD Ryzen 9 3950X 16-core, 32-thread Hashrate 18,500-19,500 H/s* – Power Draw: 165w**
- AMD Ryzen 9 3900X 12-core, 24-Thread Hashrate 13,000-15,500 H/s* – Power Draw: 140w**
AMD Ryzen 7 RandomX Hashrate
- AMD Ryzen 7 3800X 8-Core, 16-Thread Hashrate 8,000-10,000 H/s* – Power Draw: 120w**
- AMD Ryzen 7 3700X 8-Core, 16-Thread Hashrate 7,000-9,500 H/s* – Power Draw: 110w**
AMD Ryzen 5 RandomX Hashrate
- AMD Ryzen 5 3600X 6-Core, 12-Thread Hashrate 6,400 H/s – 7,200 H/s* – Power Draw: 95w**
- AMD Ryzen 5 3600 6-Core, 12-Thread Hashrate 5,500 H/s – 6,500 H/s* – Power Draw: 75w**
(*) Hashrate can vary depending on your hardware and ram, also miners updates and optimization
(**) Same as the hashrate, those benchmarks are not perofrmed by me YET, planning to do it soon, power draw can have -+ 10w-15w
AMD also has some bigger toys to offer, which are the Threadripper and EPYC processors with 16 – 32 cores. Those are commonly used on servers and AI development, though they are also available for direct purchase to the public.
Ryzen Threadripper RandomX Mining
AMD Ryzen Threadripper RandomX Hashrate
- AMD Ryzen Threadripper 3970X 32-Core, 64-Thread Hashrate 28,000 H/s* – Power Draw: 200w**
- AMD Ryzen Threadripper 2990WX 32-core, 64 Thread Hashrate 17,700 H/s* – Power Draw: 250w**
- AMD Ryzen Threadripper 2920X 12-Core, 24-Thread Hashrate 9,000 H/s* – Power Draw: 180w**
AMD EPYC RandomX Hashrate
- AMD EPYC 7742 64 Core, 128 Threads Hashrate 44,000 H/s* – Power Draw: 225w**
- AMD EPYC 7571 32-Core, 64 Threads Hashrate 16,000 H/s* – Power Draw: 240w**
- AMD EPYC 7551P 32 Core, 64 Thread Hashrate 15,500 H/s* – Power Draw: 240w**
- AMD EPYC 7601 32 Core, 64 Thread Hashrate 14,500 H/s* – Power Draw: 200w**
- AMD EPYC 7401P 24 Core, 48 Thread Hashrate 12,500 H/s* – Power Draw: 200w**
- AMD EPYC 7351P 16 Core, 64 Thread Hashrate 10,500 H/s* – Power Draw: 200w**
When it comes to choosing which RandomX coin to mine, it all depends on the current market. I will list a handful of the most popular ones. Do keep in mind that this list is expanding every month since more projects are getting interested in migrating to RandomX:
- Monero (XMR)
- Epic Cash (EPIC)
- DinastyCoin (DCY)
- YadaCoin (YADA)
- DERO (in process)
- LuxCore (LUX) (In process)
- Loki (LOKI)
- Wownero (WOW)
- ArQma (ARQ)
- Also available on NiceHash, Zergpool and MiningRigRentals
Ways of Building a RandomX Mining Rig / PC
I’m going to show you three ways you can jump into the RandomX mining train the most efficiently. Depending on your budget and preferences, you might want to either build a new rig from scratch or overhaul an existing one you already have to mine with the most profit.
Best hardware for CPU mining Rig
1stMultiAlgo RandomX Miner
This step if for those of you who are looking forward building a rig and would like to get the most for your money.
1 Brand new CPU Mining Rig w/ or w/o GPUs
Here is a list of components you will need:
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Optional 1 or 2 GPUs (or more, depending on what you intend to build) |
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Optional CPU water cooling system
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The pros of building a rig from scratch are:
- Universality. A CPU mining rig is not attached to one single algorithm, coin or project. ASICs are getting a lot of hate lately so it’s very probable that more coins will move to CPU-only in the near future.
- Expandability and modularity. It’s possible to add GPUs and hard disk drives to a CPU rig, hence expanding the amount of profit it brings. Any GPU rig needs a motherboard, a CPU and RAM anyway, so why not combine both?
2 Updating an Existing AMD Rig to Mine RandomX
Not all new CPUs are the best value for the money to mine RandomX. If you already have a rig with an AMD motherboard, you can upgrade the CPU and RAM alone to make the rig more efficient at mining RandomX, depeding on your motherboard’s socket. Once again, this could be a GPU and/or HDD mining rig. By swapping the CPU and RAM, you don’t sacrifice the current GPU/HDD mining speed.
3 Switching Current Rigs from Intel to AMD
If you already have a complete mining rig running on Intel and you want to switch to AMD, here is what you will need:
- An AMD CPU, as detailed above
- An AMD minig motherboard Biostar TB350-BTC, MSI also has quite a few great options for different amounts of supported GPUs and CPUs.
- AM4 motherboard for Ryzen CPUs: up to 7 GPU RIG MSI X370 GAMING PRO CARBON ,
- TR4 motherboard for Threadripper CPUs: up to 9 GPU RIGMSI X399 Gaming PRO Carbon AC
- RAM: HyperX Predator DDR4 RGB 16GB kit 3200MHz
In Conclusion
CPU mining is not that shiny goldmine you might expect, however it comes with its pros. The main being that a CPU mining rig is pretty much a powerful PC you can use for video encoding, gaming, GPU mining, HDD mining and other tasks other than CPU mining.
Building a CPU mining rig is pretty straightforward and easy, and I hope this little review helped you to chose the best CPUs and setup that will get you the most cryptos.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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ASIC / FPGA Miner Silencer Box
ASICs and FPGAs are the modern way of mining cryptocurrency. Newest models like the BlackMiner F1 (check profits), Imperivm V2 (check profits) and the Innosilicon A10 ETH master (check profits) can look pretty tempting (especially if you have cheap electricity) and some of you are probably consider getting yourself one or two units – after all, you buy one of those bad boys, plug them in and the income starts flowing into your wallet. No headache, no issues.
The problem? Those of you who saw an ASIC or FPGA board in action know how noisy those things are. Mining is supposed to be something everyone can do at home, however in reality you don’t want to have that thing anywhere close to your living space.
Over the years people came up with different solutions to this issue – homemade immersion tanks, water cooling, etc. I used to look for my ways around it, too. From my personal experience, water/oil cooling is nice but silencer boxes are the way to go for several reasons:
- Ease of Installation – Open the silencer box, put the miner in, close the lid and you’re ready to go.
- Re-Usability – The miner leaves the box in the same state it entered it. You don’t have to clean the mineral oil off in the case you want to use the miner elsewhere.
- Low Maintenance – Anything that involves liquid cooling requires a pump and pumps are usually the most vulnerable part that breaks the most often.
- Lower Cost – immersion tanks are more expensive (pumps are not cheap), plus they require you to buy several gallons of mineral oil, which is not cheap either.
Besides, even with water cooling, the immersion box will still have fans that will be keeping the liquid cool. You still gotta clean those from time to time, and they still produce noise.
Silencer Boxes are the Way to Go
From the standpoint of a home miner, I realized that silencer boxes are the most reasonable solution that have the best balance between cost, ease of use and results. Silencer boxes might offer less cooling and noise reduction than immersion tanks, however what they provide is good enough to make mining at home possible.
Which Boxes to Use?
The most obvious solution that came to my mind was to make my own silencer boxes. After all, the design is pretty straightforward and easy to copy. Or that’s what I thought. After fiddling in my workshop for several weeks I realized that this is not easy as it seems. I need factory-grade equipment and quality materials to make a box that has got the efficiency I am looking for.
After giving up on DIY boxes, I found a provider, a factory that can produce such silencer boxes and I immediately fell in love with them. A few of my fellow miners and I are ready to order a batch of those boxes for our ASICs and FPGAs. Let me introduce to you the:
ASIC / FPGA Miner Silencer Box
The Miner Silencer Box provides noise insulation for one normal-sized ASIC or FPGA unit at a time. It has built-in fans and electronics. While it does not offer 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} silence, it makes the FPGA / ASIC reasonably quiet. You can then put it in your office and it won’t blow everyone’s ears out. The box also cuts off the high-end part of the sound, making the sound very similar to that of a desktop computer.
This is the pro #1. The second pro is that the silencer is straightforward and easy to use. I know a lot of you want an ASIC because of the simplicity of use so you will definitely appreciate that the Miner Silencer Box doesn’t add any extra headache to the process.
The Silencer comes with a 4 digit temperature display to help you monitor the health of your rig. On top of that, it has a temperature alarm that rings if the miner surface exceeds 60°C, as well as a power cut feature in case the temperature goes higher than that and the rig is in danger.
Note: The ASIC / FPGA Silencer does not offer enough cooling for devices with a power consumption higher than 1300W.
The power consumption of the box is pretty low and it won’t add too much to the monthly cost of the miner. We are talking about 36W with the fans off (only the temperature monitoring circuits and display) and 120W with the fans on.
Miner Silencer Box Specifications
| Input | 110-240V AC |
|---|---|
| Current | 10A |
| Power | Cooler Mode: 120W, Normal Mode: 36W |
| Cooler Temperature | 12°C |
| Operating Temperature | -20°C – 50°C |
| Temperature Sensor | -25°C-150°C miner surface |
| Display | 4 digit temperature display |
| High temperature alarm | Yes (60°C) miner surface |
| Network | RJ45 bridge |
| Dimensions | 88x36x41 cm |
| Weight | 10 kg |
| Compatibility | Blackminer F1, F1+, Ultra Imperium V1, V2 Antminer S9, S9i, S9j, L3+, X3, B3, A3, D3, V9, T9+, Z9-Mini, DR3 Baikal Giant B, Giant X10, Giant N DragonMint B29, B52, X1, X2, T1 Avalon 821, 841, 851, 911, 920, 921 Innosilicon A5, A4+, A9, D9, D9+, S11, A9 ZMaster, T2, T3 Ebit E9 Whatsminer M3 Pinidea RR-200, DR-100, DR-100 PRO, DRX-Varyag, DRX-Kuznetsov, DR3 GMO miner B2, B3 Fusion Silicon X1, X6, X7and more.. |
Getting Your Hands on One
If you want one of those bad boys in your home/office you can check one of the links below. Join the waitlist to be notified when the miner silencer box is available for order.
Please share this article, more orders = better price. Full review coming soon!
Have you tried a silencer box before? Let me know in the comments.
Got any question?
[contact-form-7 404 "Not Found"]Thank you for reading. As always, your comments, suggestions and questions are welcome.
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A New RX 570 16GB Is About to Hit the Market! – Sapphire Launches New GPU for GRIN Coin
RX 570 16GB Mining GPU Overview
We know that only GPUs with 8GB or more can mine Grin – a new and very popular privacy coin that is being developed by the community. Such a high VRAM requirement considerably limits the array of cards that are compatible with the coin. While this means that Grin is harder to mine than most other coins, the project is getting a lot of attention lately, at the point that Sapphire Technology, a leading manufacturer and global supplier of components and commercial solutions, launched today a GPU oriented specifically to mine this coin.
By “oriented” I mean that the RX 570 16GB card was designed to mine this specific coin in mind, however it can also be used to mine other cryptocurrencies too, obviously. If you have been following my blog for a while, you have probably noticed that I use a lot of Sapphire cards in my mining rigs. I’m really excited to know that Sapphire seems very interested in developing and making new products for GPU mining.
Quoting the words of Adrian Thompson, the Global VP of Marketing at SAPPHIRE Technology:
The launch of the RX 570 16GB Mining GPU presents an exciting opportunity not just for SAPPHIRE but for early Grin Coin miners and the cryptocurrency market as a whole. Future products will include new 16GB Graphics additions’ to SAPPHIRE’s line of INCA and MGI Series of dedicated blockchain systems. We’re thrilled to be bringing this and future blockchain products to market.Adrian Thompson
Sapphire RX 570 16GB Specs
| Performance | 0.42 GPS +/-10{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} in Cuckatoo 31+* |
| Power Consumption | 175W+/-10{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}* |
| Memory | 16GB/256bit GDDR5 |
| Memory Bandwidth | 224GB |
| Cooling System | Active Cooling |
| Display Output | 1 x HDMI |
| External Power Connector | PCI-Express 8 pin x 1 |
| Graphics Card Holder | Yes |
(Subject to Changes)
Some of the most interesting features are:
- Dual ball bearings on fans (YES!) – dual ball bearings are several times more durable compared to the traditional sleeve bearings used in most modern GPUs. Mining requires a card to operate 24/7 on full load, which puts a lot of pressure on the fans. Having dual ball bearings can increase the lifespan of your GPU fans for 1-2 years or more.
- SAPPHIRE Quick Connect Fan Technology further increases the lifespan of your GPU by allowing you to easily clean your fans and even replace them with new ones.
- ROCM 2.0 accelerated Grin Miner for PCIE 3.0 platform
- Can mine Cuckatoo 29+, Cuckatoo 31+ and Cuckatoo 32+, though the latter requires a driver update
SAPPHIRE’s RX 570 16GB Mining GPU will be available to order soon from: https://gpuminer.sapphiretech.com
thanks!
About SAPPHIRE Technology
SAPPHIRE Technology is a leading manufacturer and global supplier of innovative components and solutions for PC systems for both consumer and professional applications. From its origins in the design and manufacture of state-of-the-art graphics add-in boards, the extensive SAPPHIRE product range has grown to include a broad range of professional and embedded products. Founded in 2001, SAPPHIRE is a privately held global company headquartered in Hong Kong.
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Innosilicon GRIN ASIC Miner Announced!
Innosilicon, one of the lead ASIC manufacturers for most of the modern popular cryptos announced few days a go, January 25, that they are working on their first ASIC for GRIN.
According to the manufacturer, the new ASIC will be launched early summer this year.
Innosilicon is happy to announce that our world class engineering team is currently designing a very cool Grin Asic miner to support the Grin community. We are going to launch our best-in-class miner early summer this year.
— Innosilicon Miner (@Inno_Miner) January 25, 2019
Innosilicon is a China-based giant that is known for being one of the most important Bitmain competitors. The company is one of those who take part in the chip dice reduction race in ASICs and we could speculate that the new GRIN ASICs will be based on the newest (10nm or even 7nm) technology.
GRIN is a cryptocurrency that solves some of the main Bitcoin scalability and anonymity issues. Based on the innovative MimbleWimble protocol, GRIN is an open-source, community developed and funded project.
While minable by GPUs, GRIN developers clearly said from the beginning that the coin is aimed to be mined with ASICs and that GPU mining is only allowed in the beginning. For now, only 10{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} of the blocks are being generated by Cuckatoo31+, which is the ASIC-friendly algo. In the span of the next two years, that percentage will slowly increase to 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}, making GRIN an ASIC-only coin.
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Should you Pre-Order an Obelisk GRN1 ASIC for GRIN? – Pros and Cons
Obelisk, a fairly new ASIC manufacturer based on the US, announced the pre-sale of their first ASIC for GRIN Coin. During the pre-sale, the company charges $3,000 USD per unit. Once the pre-sale ends, the price will rise to $6,000 USD per unit.
The estimated performance of the miner is 100 GPS at 800 W, which equals to the performance of 50 Nvidia GTX 2080 Ti cards, while requiring the power of roughly 6 said GPUs.
The money raised during the pre-launch will go to support the development of said miners. The development of the main mining chip is estimated to be completed may of this year. The first units should be shipped to the end user in October of this year.
Is GRIN a Good Coin to Mine?
You have to have pretty good reasons to invest three grands into a miner for a single coin. GRIN is a relatively new project that is an implementation of the mimblewimble blockchain. It is a non-commercial, community-funded open-source project that is being developed by community members – “by the people, for the people”. Its main purpose is to solve Bitcoin scalability and privacy issues.
Earlier, I have advertised GRIN as an interesting coin to GPU mine. While pretty interesting for GPU miners for now, GRIN GPU mining will be completely replaced by ASIC mining by 2021 (how to mine GRIN).
So far, GRIN has been receiving a lot of attention from individuals and corporations alike. For instance, Sapphire is planning on launching a new RX 570 with 16GB VRAM just to mine GRIN. Impressive! The other giant that has shown interest in GRIN is Innosilicon – a Chinese company that has been manufacturing ASICs for years, known for releasing very efficient miners.
Obelisk vs. Innosilicon – Let the Race Begin!
On their website, Obelisk compares the performance of their upcoming ASIC to that of an Nvidia 2080 Ti card. According to their calculations, the Obelisk GRN1 is expected to be about 15x times more power-efficient and have about 150x times better cost-efficiency than the latest Nvidia GPU.
While impressive, it is very probable that in reality, the GRN1 will be competing with Innosilicon ASICs rather than to Nvidia GPUs. Few days ago, Innosilicon announced that they will be launching their first GRIN ASIC early summer this year (read more here).
Note: Same thing happened with the first Obelisk ASIC – the SC1. On their website, Obelisk was marketing the SC1 as an ASIC that is more powerful than 100 GPUs. In reality, the SC1 wasn’t competing with GPUs. Instead, it had to compete with Innosilicon’s SIAMaster, which ended up being superior in every single aspect.
While the only thing we know about the upcoming Innosilicon ASIC is the estimated launch date (no power usage, dice size or hashrate is known, yet), there’s one thing we know for sure – The guys at Innosilicon are very proficient at creating efficient ASICs. Therefore, we could expect that their new miner for GRIN will be pretty damn good too.
Does Obelisk stand a chance?
I don’t know. What we do know is that Innosilicon is already one step ahead of Obelisk. As mentioned earlier, Innosilicon expects to launch their units early summer, while Obelisk GRN1 units are expected to be shipped mid-fall (if everything goes well).
While we do not really know the exact shipment dates of either ASIC model, it’s very possible that people will receive their Innosilicon units first. Same thing happened with Siacoin – Innosilicon’s SiaMaster units were released about 3 months before the first Obelisk SC1 units and they were way more efficient and powerful. Will the same scenario happen again with GRIN?
In Conclusion
The world of ASICs is like an ocean that is dominated by big big sharks. I can only respect Obelisk for being brave enough to sail this sea despite all the dangers and competency. I also admire people who vote for Obelisk with their money despite all odds. I mean, you gotta start somewhere and nobody said that Obelisk can not become as big as Bitmain one day. Hell, it’s not even carved In stone that Obelisk’s GRN1 will lose to Innosilicon’s GRIN ASICs.
That being said, I can’t negate the risks of investing into the ASIC that is being developed by Obelisk. The competency is pretty hardcore, which means that the risks of losing your money is high. While so far Obelisk has been a legit and hard working company that delivers as promised, their ASICs haven’t been efficient enough to compete with Innosilicon’s. And let’s be honest – the only reason why the SC1 is profitable is because of the SIA Coin hardfork.
thanks!
Should you go and buy the voucher for the GRN1? The answer is probably ‘no’ if you are interested in profit alone. Remember: unlike SIA, GRIN will not hard fork just to destroy Innosilicon’ and Bitmain’s ASICs.
Now, if you want to support the new company and you are okay with making a high-risk investment (which means you are aware that you might not get any profit from your GRN1 unit), then sure. Knowing Obelisk, I can almost bet that you will get your unit in time, as advertised on their website.
And honestly, if I had the spare money, I personally would probably support them by pre-ordering one GRN1 unit from them. I grew to like Obelisk for their transparency, good politics and bravery, and I really hope they will win this race against all odds.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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How to Mine Beam With Nvidia and AMD GPU
How to Mine Beam
An Introduction to the Scalable Confidential Cryptocurrency
Note: This is NOT a sponsored post.
As always, I only recommend you to mine cryptocurrencies that have the potential to become something big. Pumping and dumping is no longer a viable strategy for GPU miners in 2019. Nowadays, it’s all about investing your hashing power in a good project that has future and stick to it long enough to reap the benefits.
Beam is one of those coins that might have a bright future, and hence might be good to mine. Let’s take a look at it.
What is Beam?
Beam is a new crypto that aims to combine scalability and anonymity by implementing innovative solutions and protocols.
As we know, some of the biggest issues Bitcoin is experiencing nowadays are related to its scalability limitations. While there are a handful of alternatives that apparently solved this issue, Beam also implements 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} confidential and anonymous transactions. This solves yet another problem modern cryptos face. The ability to chose whether our assets are publicly visible or not is one of the main reasons why we use cryptocurrencies. Which is why, cryptos that do not give us the ability to keep our assets and transactions private are way less interesting than those that do.
Basically, Beam solves both mentioned issues and adds some additional features to the mix that make it a very interesting choice for miners and investors alike.
How Legit is Beam?
Before we move on any further, let’s take a look at the basics. How legit does Beam look like?
Beam is an open-source project – everything is available on github for the community to review. Beam had no ICO and no premine. A fair start is a good start. Instead of profiting from an ICO, the project is being funded by a private treasury. Moreover, now that the Mainnet was launched, a non-profit foundation is being made to allow further governance of the protocol.
Their team is comprised of eight core members (each of which with a legit Linked In profile), 11 additional developers and 11 advisors. They have 13 investors, all of which are medium- to big-scale investor and financial advisory firms. Some of those firms are pretty popular in the crypto space – we are talking about investors such as Lemniscrap, Node Capital, Hexa Labs and Collider Ventures.
I’d say that Beam is being lead, financed and developed by one of the most solid teams I have seen so far in the world of cryptocurrencies. While only time will show how legit and good their team really is, as for today I see enough reasons to trust them.
Having that out of the way, let’s get back to the project itself:
What Other Features Make Beam Interesting?
Atomic Swap
thanks!
Beam’s motto is #PrivacyMatters. Any kind of centralization compromises privacy, which is why Beam features atomic swap. Atomic swap basically allows people to perform peer-to-peer crypto exchange, without the need of a third-party exchanger. Exchangers can be hacked, banned in certain countries or closed, so being able to bypass them might be a good thing.
Note that I’m not saying that exchangers are necessarily bad. However, using an exchanger has its risks, which is why some people might find peer-to-peer, wallet-to-wallet crypto exchange more attractive.
Besides atomic swap and common transactions, Beam allows escrow and time locked transactions thanks to the “Scriptless Script” technology. The project also features opt-in auditability, allowing a third-party auditor to inspect the transactions and any attached documents (such as invoices and contracts) that are stored in the blockchain, upon demand.
Note: Atomic swap and opt-in auditability are WIP and should be implemented this year.
Selective Privacy
Beam allows users to share any private data they want with each of the involved parties. This means that depending on your preferences, you might make any transaction completely anonymous or make certain data available to the involved parties. Whichever is the case, no info about the sender or the receiver is stored on the blockchain.
As opposed to many other anonymous cryptocurrencies, Beam confidential transactions do not have a negative impact on the blockchain. Most other cryptos have to exchange scalability for privacy. Beam combines both.
Mimblewimble Protocol
Beam is based on the Mimblewimble Protocol. Thanks to the protocol’s “cut-through” feature, the blockchain is very compact and therefore has better scalability.
The Mimblewimble protocol has a different transaction structure. First of all, the concept of ‘Address’ is different. Beam’s protocol only allows bilateral transactions, which means that both the sender and the receiver wallets connect to create a transaction together. Beam has a module called ‘Secure Bulletin Board System’ (SBBS) to allow send and receive funds while one of the wallets is offline. SBBS allows the two wallets to securely exchange encrypted messages, the keys/addresses to which are not being stored in the public blockchain.
Lite Wallets and Full Nodes
A Beam wallet is a lite client that does not verify transactions, and therefore it does not store the full blockchain on your device. This means that Beam wallets are compact and should be connected to a node in order to operate. Beam nodes are the ones that download, validate and update the entire blockchain state. You can host a node by downloading the desktop wallet and enabling it as a full node.
Every local Beam Wallet database also stores its own metadata such as its transaction history. The Wallet Password is needed to decipher that information. Note that the wallet password is only needed to access the transaction history and other metadata of a wallet. If the password lost, the metadata is lost forever. That being said, the funds, stored in that wallet can still be recovered by creating a new wallet and by reintroducing the seed phrase used in the original wallet.
Moreover, those of us who want to keep our transaction history safe can regularly backup the Beam Wallet database file, as well as keep several copies of our wallet password.
How to create a Beam Wallet
- Exchange Wallet (recommended for trading/selling/buying beam): HotBit
- Official wallet (highly recommended to store your mined/traded beam): https://www.beam.mw/downloads
How to Mine Beam With Nvidia and AMD GPU
1 Best mining hardware for Beam (Equihash(150,5)
- GPU: GTX 1070 Ti, GTX 1080, GTX 1080Ti
- Motherboard: ASRock H81 PRO BTC R2.0
- CPU: Intel Celeron G1840 Processor
- RAM: Kingston HyperX Fury 4GB 1333MHz DDR3
- PSU: for GTX 1070 2x Corsair 750W, for GTX 1080/1080 Ti 2x EVGA 1000w GQ
- SSD: Silicon Power 120GB SSD
- Dual PSU Adapter: ADD2PSU Multiple Power Supply Adapter
- USB Risers: VER 008S, 6-Pack
- Frame: https://1stminingrig.com/product/aluminum-mining-rig-open-air-frame/
2 How to Mine Beam with Nvidia GPU
Miners and Tools
- Nvidia: download Bminer (latest version) precompiled https://mega.nz/#!1kBiXaDL!Oxu9igEfEd-GLC0FL8zXrDlYZgLnZ9As-_CygR2cPlA ; download from official source https://bminer.me/releases/
- Extract archive files and run START-BEAM.bat file (remember to replace the wallet with yours)
GTX 1080 Ti Beam Mining Hashrate, Clocks and Power Draw
- Hashrate: 27.5 Sol/s
- Clocks +150/+500
- Power Limit 70
- Power Draw 150w
- full review
GTX 1070 Ti Beam Mining Hashrate, Clocks and Power Draw
- Hashrate: 19.5 Sol/s
- Clocks +150/+750
- Power Limit 75
- Power Draw 120w
- full review
3 How to Mine Beam with AMD GPU
- AMD: download OpenCL Miner precompiled https://mega.nz/#!Mth2DSoJ!OWA_d88AasEC3uqDgl_gcTD5MEPn1Cf6FZGxm-ojPgE ; download from official source https://github.com/LeafPool-Mining/opencl-miner/releases
- Extract archive files and run START-BEAM.bat file (remember to replace the username with yours)
RX 580 4GB Beam Mining Hashrate, Clocks and Power Draw
Price Disclaimer
- Hashrate: 8 Sol/s
- Clocks 1400/1750
- Power Limit -35
- Power Draw 140w
- full review
thanks!
Based on Equihash, Beam can POW mined with both Nvidia and AMD GPUs. Here’s how to mine it:
In Conclusion
While Beam’s purpose is similar to other privacy-based cryptos, its approach to the task at hand is pretty unique. This means that Beam might find its own niche and become pretty popular over time. Considering that it is being developed and financed by a solid team, I am inclined to think that it is a project with future.
That being said, as always do your own research and invest only the amount of money/time/hashing power you can afford to lose. Also, if you find some relevant info about this new project, make sure to share it with us in the comments section below. I will be glad to read your opinion and might even update this review if you point out something important I might have missed.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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Obelisk SC1 Slim Gen-2 SIA Miner – SCAM or Hidden GEM?
Obelisk, an ASIC manufacturer founded by SIA Storage, announced a new batch of SC1 Slim miners for sale. Here’s the catch. According to the official website, virtually nobody buys these units lately. Does that mean that the units are not worth it or are we about to find a hidden gem? Let’s find that out.
- Is Mining SIA a Good Idea?
The first reason why people might not want to buy an ASIC is because the coin it is made to mine is dead. Could this apply to SIA?
As for today, SIA is a coin with a $86,572,943 USD market cap and a $793,575 USD daily volume. While these past 12 months haven’t been too forgiving for the coin (it has been a pretty rough time for most cryptos to be honest), SIA is definitely not a small coin, neither does it look like one that is dying. In fact, SIA is ranked #50 on CoinMarketCap.
Even though it has pretty decent competency, SIA is the biggest fish in the pool with MaidSafe being ranked #65, Storj #129 and Filecoin #1774. All of the mentioned coins have similar market situation too (just on different scales), which means that SIA will probably remain in the leading position for as while (though this is mere speculation based on numbers).
- Are Obelisk SC1 Units Profitable?
The second thing that usually makes people to avoid buying an ASIC is when the global network hashrate of that specific coin is overly saturated and the new units don’t hash well enough to be profitable. Most big coins have this problem and since SIA isn’t exactly small, maybe this is its case too?
The answer is no. Every board in a new SC1 Slim hashes 600 GH/s on average, while the network hashrate is 1.6 PH or 1,600,000 GH. This means that every SC1 Slim board produces 1/2,500 part of the global network hashrate. As a comparison, the popular Antminer D3 produces 1/133,333 parts of the global hashrate for Dash. In fact, Obelisk SC1 Slim is the fifth most profitable ASIC according to ASICMinerValue, with other two Obelisk SIA ASICs taking the first and second spots in the global leaderboard.
This used to be different before the hard fork that happened November 1, 2018. Back in the day, Bitmain and Innosilicon miners kept SIA network hashrate 100x times higher than it is now. Then, the hard fork bricked (made incompatible with SIA algo) all of those units, leaving only Obelisk SC1 units untouched.
This leads us to our next question: Maybe people don’t trust Obelisk?
- Is Obelisk the Problem?
Unfortunately for the company, Obelisk does not have a flawless track record. The SC1 was the company’s first ASIC and as expected for a fresh company, Obelisk miscalculated the shipment dates. As a result, the company delayed the shipment of their first two batches of SC1 miners by few months, which caused a lot of anger in the mining community.
While the outrage is perfectly understandable, part of the community also understand that Obelisk hasn’t scammed their customers per se. Batch 1 units were delivered and are hashing as advertised, and now Batch 2 units are being shipped too. The company kept a constant contact with their customers and even announced a compensation plan to make up for the monetary losses their customers had to face for not mining all these past months.
I understand that unlike Bitmain or Innosilicon, Obelisk is a new company that has to figure a lot of things out. One glance at their updates is enough to realize that the company has still a lot of things to polish – they face a lot of unexpected challenges and they have to find solutions on the go. Obelisk is a new company and personally I don’t expect them to instantly become as fail-proof as, say, Bitmain.
SIA Fork and Obelisk Monopoly?
Some of the people who forgave Obelisk for the shipment delay (after all, the compensation plan should make up for the financial losses too) are still hesitant to trust Obelisk because of the recent hard fork they’ve made.
You see, SIA is a for-profit project led and developed by Nebulous, which also happens to be the company behind Obelisk. The two companies are so closely related that their names are pretty much interchangeable.
This means that now after the hard fork, Nebulous is the only company producing ASICs for their own coin. Smells like monopoly and centralization, right?
I have made an in-depth analysis of the whole situation here.
So basically what happened was – Innosilicon was actively amplifying their SIA mining farms – three weeks prior to the fork Innosilicon owned 37{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} of global SIA mining hashrate, a week before the fork they owned 43{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} of the global hashrate. The company was steadily and quickly making it to the so-feared 51{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}. Once having 51{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}, Innosilicon would pretty much make SIA mining centralized.
David Vorick, the owner of Nebulous, was probably thinking: “SIA, a project that is is all about decentralization, is now about to become centralized thanks to Innosilicon. Innosilicon could have sold its miners to the public to prevent mining centralization but for some reason it decided to pile those miners up in its huge mining farm. We have to stop that.”
Are the Obelisk SC1 Gen-2 Miners Good, then?
All of the above makes me conclude that there is still a lot of negative bias towards Obelisk. If Obelisk is a monster who only wants monopoly and money then you obviously don’t want to buy a miner from them.
However, Obelisk proved to be a pretty transparent and honest company so far:
- They had a legitimate reason to fork
- Their units hash as advertised
- They are planning to compensate their customers for the delay
That, combined with the fact that SIA is a pretty solid coin and that now the low network hashrate made the Obelisk SC1 units profitable again, does that mean that we should all rush and buy our SC1 gen-2 units?
I have no idea. The main reason being that I can’t endorse a piece of hardware I haven’t tested myself. It can be look amazing on paper but I’m not here to tell you guys “hey this ASIC kinda looks good go buy it!”. I can criticize an ASIC that looks bad even on paper without owning one myself, however if I want to recommend something, I have to have the unit in hands.
Gigabyte, AsRock, Canaan, Rebtech, HashAltcoins and others know it, which is why they take the risk and send me samples for me to test and review. Luckily for all of us, so far all of the products I have received from them were good and worth a recommendation. No matter how much I like Obelisk, I won’t make an exception for them.
thanks!
In Conclusion
If I ever receive a unit from Obelisk, I will make sure to make a detailed review for you guys. For now though, I will limit myself with this review of the situation surrounding the Obelisk SC1 miner and the company that manufactures it. Some people get scared away by the hardfork and Obelisk’s motivations, and then they further lose trust when they go to Obelisk’s website and see the huge dip in SC1 unit sales.
Obelisk seems like a transparent company to me and I even have some sympathy towards them. Some people can’t tell a mistake from malicious intent apart, which is why they labeled Obelisk as scammers. While I understand their position, I still believe that the company is often misjudged.
That being said, what are your thoughts on it? Please let me know in the comments section below:
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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How to Mine Grin Cuckatoo31+ on Windows 7 / 10
Two of the biggest miner software for Grin, Bminer and Gminer, received an update few days ago. In this tutorial, we will walk through how to mine with Gminer and what benchmarks (as well as bugs) to expect. (Check this article if you wanna know more about Grin and why it might be a good idea to mine it)
First, let me clarify something to avoid confusion. Grin can be mined by using few different algorithms. Cuckaroo29 is the official GPU-friendly ASIC-resistant algorithm and it will become less relevant as times goes by until be completely replaced by an ASIC-friendly algorithm in about 2 years from now.
Cuckatoo31+ is the ASIC-friendly algorithm that will be relevant for few more months until being replaced by Cuckatoo32 (which is ASIC-friendly too).
Both miners I have mentioned allow you to mine Cuckatoo31+ (the ASIC-friendly algo) with a GPU. Why? Because for now, mining C31 with a GPU is more profitable than mining C29, as detailed below.
Bminer and Gminer Requirements
Cuckatoo31+ is very VRAM-intensive. To mine it, you will need to have an Nvidia GPU with 8GB or more VRAM. In theory, here are the compatible Nvidia GPUs:
- GTX 1070
- GTX 1080/ti
- GTX 2070
- GTX 2080/ti
I say ‘in theory‘ because I haven’t managed to get my GTX 1070 cards to mine C31. I have been trying to run a GTX 1070 under Windows 10 but it failed with both the Gminer and the Bminer. I suspect the problem is that Windows 10 consumes too much video memory. It is possible that a GTX 1070 might be able to mine C31 under Windows 7 but I haven’t tested that.
Also, I haven’t tested the Titan RTX series – if you have one of those cards, please share your benchmarks in the comments.
The other important requirement is hard drive/SSD space. Gminer requires you to allocate at least 50 GB of free HDD space for virtual memory.
Bminer 14.3.0
Download precompiled Bminer for C29 and C31 https://mega.nz/#F!k1wDnQyT!YW16xmmkiiW1ZoYdOfkugA
I have tried Bminer with different cards but I haven’t managed to get it to work, sadly. It keeps showing me the same error: “insufficient video memory on device”. I have been trying to run it on my Windows 10 rigs and I suspect the OS to be the problem.
Apparently, Bminer only mines C31 under Windows 7. None of my rigs have Windows 7 and since Gminer is a decent alternative anyway, I haven’t bothered to install Windows 7 just to try Bminer.
Gminer – How to Set It Up
Download precompiled Gmminer for C29 and C31 https://mega.nz/#F!MgBiGKDB!rf1GxKm2CPp5iNwnMEQ7Mw
Gminer proved to be Win10-friendly. So far, I have tested it with 3x 1080 Ti and 6x GTX 1080 Ti rigs and both combinations worked pretty well.
Making the bigger rig work was a bit tricky – at first, one of the cards wasn’t hashing. However, increasing virtual memory from 42gb to 50gb did the trick and now the entire rig is hashing as expected. At first, I though that switching the display to the onboard GPU could solve it but eventually, it has nothing to do with it.
Here’s how to make it work:
Gminer Cuckatoo31+ Benchmarks
GTX 1080 Ti 3x GPU Mining Rig
- Hashrate: 1.95 G/s (19.5 gp/s on c29)
- Clocks +150/+500
- Power Limit 70
- Power Draw 150w
- full review
GTX 1080 Ti 6x GPU Mining Rig
- Hashrate: 3.7 G/s (37.7 gp/s on c29)
- Clocks +150/+500
- Power Limit 70
- Power Draw 150w
- full review
thanks!
Gminer Mining Profitability
While C29 is considered a GPU-friendly algorithm, it’s more profitable to mine C31 instead. As for today, C31 mines 22{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more coins per hour than C29. The only reason to mine with C29 is if you don’t have a GPU that is compatible with C31.
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BlackMiner F1+ Review – FPGA Miner
Note: Hashaltcoin sent me this FPGA miner for me to review. While I truly appreciate this partnership, I am making this review as unbiased as possible.
The BlackMiner F1+ is a new FPGA miner developed and manufactured by Hashaltcoin. The unit comes with three boards and can mine a wide array of algorithms, most of which are traditionally considered GPU-only.
The official specs state that the F1+ hashes like three or even four x6 GTX 1080Ti rigs (depends on algorithm) while having the power consumption of one. Not only that – unlike three rigs that require three sets of components (motherboards, RAM modules, etc), as well as in-depth tweaking, the F1+ comes as one plug-and-play unit. Is this too good to be true?
Let’s find that out, though first let’s take a quick look at the numbers:
BlackMiner F1+ Specs
- Power on wall: < 1.3 KW
- Power Supply: 1300 W or more (I am using my F1+ with a 1650W PSU)
- Volume?430x290x40 mm (with package)
- Weight?5 kg (net), 6 kg (with package)
- Noise Level: ~70 Db
Supported Algos, Hashrates and Power Draw:*
| Algorithm | Hashrate | Power Draw |
| lyra2z: | 93.0 MH/s | 600w – 950w |
| skeincoin: | 7.56 GH/s | 630w |
| xvg_lyra2rev2: | 324.0 MH/s | 550w |
| phi2: | 77.5 MH/s | 600w |
| phi1612: | 470.0 MH/s | 800w |
| tribus: | 4.4 GH/s | 880w |
| nexus: | 3.87 GH/s | 800w |
| bcx: | 26.0 GH/s | 720w |
| 0xbtc: | 35.2 GH/s | 1000w |
| keccak: | 34.9 GH/s | 1050w |
| xdag: | 22.6 GH/s | 900w |
| zp: | 35.2 GH/s | 1050w |
| verus: | 100.8 GH/s | 900w |
| keccakc: | 34.9 GH/s | 1050w |
| keccakd: | 34.9 GH/s | 1050w |
| amoveo: | 82.6 GH/s | 1050w |
| sha3d: | 13.6 GH/s | 1000w |
(*) Note: The F1+ is compatible with all of the algorithms for the F1 miner (download them from here). To use a F1 algorithm on your F1+, follow the steps detailed in the manufacturer official guide. Updating the bitstream on your miner is straightforward and fast – it takes around 3 minutes per algorithm. The three main steps are to download the algorithm, then flash the device and finally wait about 2 minutes for the miner to reboot.
Unboxing BlackMiner F1+ FPGA Miner
The unit came well-packaged, already assembled and ready to be used. The miner comes in an aluminum casing and looks (and feels) pretty similar to an Antminer. I haven’t noticed any flaws such as loose parts, scratches or signs of usage. From the exterior, the miner looks very decent – it’s rugged and well-designed.
Keep in mind that the F1+ does not come with a PSU. I use a regular 1600W EVGA one to power it. I believe that using a beefy PSU might increase stability and even power efficiency of the unit but I also understand why some of you might call it overkill. The manufacturer recommends 1300W PSU.
BlackMiner F1+ FPGA Installation
The installation process is pretty straightforward and simple.
1 PSU Connection
We start by connecting 2x 6-pin cables to each of the 3 boards and 1x 6pin cable to the controller.
Use a piece of cable to connect the green (PWR_On) and the black (Ground) pins together to simulate that the PSU is connected to a motherboard.
- Note: Some models (especially the older ones) might use a different color for PWR_On. Make sure to check the pinout of your PSU.
- Note #2: Some EVGA PSUs have a dedicated switch to power the PSU on without load. You might use it if your PSU has it.
2 Internet Connection
After that, we connect the ethernet cable and launch the F1+ unit. Then, we log into our router (either via wifi or ethernet) and check the LAN IP of the miner. By default, the address is 192.168.100.36 so you might also try that before you use your admin login credentials.
Once we accessed our F1+, we use the username root and password root
It’s a good idea to go to the password administration page and change it. To get there, go to the following tab: Miner Configuration -> Administration
3 Miner Configuration and Start Mining
We’re almost there. To start mining, go to the following tab: Miner Status -> General Settings
There we can set up to three pools with the respective worker name and password. Personally, I like to stick to the same pool and only change the server location. As you can see on the screenshot, I am using the bsod pool in all the three fields, with the only change being the location of the pool (Asia, Us or EU).
Finally, press on ‘save’ and ‘apply’. The miner will start working almost instantly.
4 Installing New Algorithms / Bitstreams
To install new bitstreams is super easy. New updates can be downloaded from their official page https://hashaltcoin.zendesk.com/hc/en-us/sections/360002467791-Firmware
- Download the algo you need
- Login to F1+ administration page
- Go to “system” -> “upgrade“
- Before doing any new modifications i recommend to create a backup for the current version. To do that click “Generate archive” and download it!
- To flash new bitstream click on “Choose File” under “Flash new firmware image” -> select the image and then click on “Flash image“
- This will take 2-3 minutes to finish the installation, once the installation is complete it will restart the FPGA to finish the setup
- When boot up is complete go to “Miner Configuration” and the new algo should be visible in the drop down menu from top left.
- You can now setup the pool, wallet address then save & apply and the machine will start mining.
5 Uninstalling Algorithms / Bitstreams
The Miner can have loaded up to 7-8 bitstreams (algorithms) at the same time. The memory of the miner is limited, so if you ever get to that limit, you will have to uninstall one of the bitstreams it already has before you can install another one. You know you have reached the 8 algo storage limit when you get this error when loading a new algo to your miner: “No space left on device cp: can’t create ‘/fpgabit/cgminer_keccakd.conf’: No space left on device” I will detail below how to remove existed bit file if storage is full
- Download WINSCP, install and then run it: https://winscp.net/eng/download.php
- New connection popup will be prompted and for “Host Name” add F1+’s ip address like “192.168.100.36” ; “Username” is “root” ; “Password” if you didn’t changed the default one then is the same “root“, last thing is to choose “SCP” on “File Protocol” then click “Login” (note that you must be connected to the same network where F1+ is)
- Once logged in you will notice that both sides are blank (check images); double click the “up folder” from right side for two times to have all the files listed, then go to “fpgabit” folder and there you will have all algos
- To successfuly delete an algo you will have to do the following: for this example i am going to take the PHI2 algo ; there are two files that needs to be deleted ; prefer to make a backup and then delete it ; select both files “cgminer_phi2.conf” and “fpgaminer_top_phi2.bit” ; right click -> Download -> Download and Delete
- That’s it, now you should have enough space to install new bitstreams
thanks!
Blackminer F1+ Benchmarks
Lyra2z Mining Hashrate & Power Draw
Lyra2z Coins: Actinium (ACM), Mano (MANO), Alspenschilling (ALPS), Criptoreal (CRS), Infinex (IFX), MCT+ (MCT), Stim Coin (STM), Taler (TLR), ZCore (ZCR), GINcoin (GIN) forked to x16rt
- Hashrate: 93 Mh/s
- Power Draw: 880w
Skein Mining Hashrate & Power Draw
Skein Coins: Skeincoin (SKC), Argo (ARGO), Ferrum Coin (FRM), Spedo (SPO), TIMECoin (TIMEC), Ultima (ULT)
- Hashrate: 7.56 Gh/s
- Power Draw: 625w
Verge (XVG) Lyra2rev2 Mining Hashrate & Power Draw
- Hashrate: 324 Mh/s
- Power Draw: 550w
PHI2 Mining Hashrate & Power Draw
PHI2 Coins: Lux (LUX), Argoneum (ARG)
- Hashrate: 77.5 Mh/s
- Power Draw: 585w
PHI1612 Mining Hashrate & Power Draw
PHI1612 Coins: Folm (FLM), Fonero (FNO), Seraph (SERA)
- Hashrate: 470 Mh/s
- Power Draw: 800w
Tribus Mining Hashrate & Power Draw
Tribus Coins: Denarius (DNR), BZLcoin (BZL), Keyco (KEC), Scriv (SCRIV), Virtus (VRT), Zula (ZULA)
- Hashrate: 4.4 Gh/s
- Power Draw: 890w
Nexus Mining Hashrate & Power Draw
- Hashrate: 3.87 Gh/s
- Power Draw: 790w
BitcoinX Mining Hashrate & Power Draw
- Hashrate: 26 Gh/s
- Power Draw: 700w
0xBitcoin Mining Hashrate & Power Draw
- Hashrate: 35.2 Gh/s
- Power Draw: 1040w
Keccak Mining Hashrate & Power Draw
Keccak Coins: SmartCash (SMART), MaxCoin (MAX)
- Hashrate: 34.9 Gh/s
- Power Draw: 950w
Keccak-C Mining Hashrate & Power Draw
Keccak-C Coins: Creativecoin (CREA)
- Hashrate: 34.9 Gh/s
- Power Draw: 130w
Keccak-D Mining Hashrate & Power Draw
- Hashrate: 34.9 Gh/s
- Power Draw: 130w
Dagger (XDAG) Mining Hashrate & Power Draw
- Hashrate: 22.6 Gh/s
- Power Draw: 130w
Zen Protocol Mining Hashrate & Power Draw
- Hashrate: 35.2 Gh/s
- Power Draw: 1070w
Amoveo Mining Hashrate & Power Draw
- Hashrate: 82.6 Gh/s
- Power Draw: 1080w
Blackminer F1+ Profitability
Since the F1+ is a multi-algo FPGA miner, you have to keep a constant eye on the market and chose the best options to mine.
There are many tools that might help you to chose the best coin to mine. For instance, you might have one favorite coin you believe in so you decide to mine it and hold no matter what.
Or, if you are more into instant profit, the following site might help you to chose the best coin of the day: https://www.hashaltcoin.com/en/caculation
For more details on a specific coin, you might want to use whattomine, cryptoz0ne, coincalculators or coinwarz. For example, Denarius has been an interesting crypto these past days with daily earnings of up to $8 (despite me having pretty expensive electricity here).
From my experience, Whattomine gives pretty accurate numbers, which is why I am listing it here. I’ve tested it mainly with Dinarius, Zen Protocol so far.
Since the F1+ unit hashes and consumes as advertised too, you can use those websites to accurately choose the right coin to mine every day.
Now, how does the F1+ compare to the conventional GPU rig?
If we take the same Denarius (tribus) coin as an example, a 6x GTX 1080Ti mining rig would hash around 720 Mh/s and “earn” you -$1 -/+ a day. While having comparable power consumption, a F1+ outputs 4400mh/s, which is why profits are around $8 a day.
Another example for Tribus. A rig of 6x GTX 1080Ti hashes around 765 Mh/s with a power consumption of 1100W. The F1+ hashes 4400 mh/s while consuming 900W. If you’d like to reach the 4400 Mh/s mark by using GPUs, you’d need 35 GTX 1080Ti cards that would consume around 5000W.
Besides, the F1+ costs about half of what a 6x GTX 1080Ti rig does, which makes this FPGA a pretty interesting choice.
Here’s another thing to consider. One can argue that the strongest part of GPU mining is its flexibility. A good GPU is compatibile with a wide array of different coins and no matter how much the market changes, there is almost always a profitable coin to mine. That’s why overall, I’ve always invested most of my money into GPU rigs, not ASICs. I usually don’t want to bet on one single coin or even algo.
Here’s where the Blackminer F1+ is better than an ASIC – as an FPGA, it has some of that flexibility I like so much about GPUs. The way it can mine a wide array of algorithms makes it like a spider – you can lose a leg or two.. or five, and still stand on your feet.
Blackminer F1+ vs Other FPGAs
The F1+ is not the only FPGA there is. I wonder, how does it compare to its competency?
The first competency that comes in mind is the F1 – the predecessor of the model we are talking about in this review. As expected, the F1+ is superior to its predecessor in every aspect.
Compared to the BTU9P, the F1+ costs less and can mine DigitalCruncher (zen protocol) and 0xToken around 180{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} faster.
Compared to the new MA-X1, the F1+ can mine Keccak ~269{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} faster (other MA-X1 benchmarks are not available) at around 300{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} higher power draw. That being said, the F1+ is about 20{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} cheaper than the MA-X1, making it a better ROI for those who don’t have awfully expensive electricity.
Compared to the BCU 1525, the F1+ is more cost-efficient but less power-efficient. If we talk about upfront investment, the F1+ is cheaper and gives you more hashes per dollar invested (as detailed below). On the other hand, the F1+ outputs less hashes per Watt.
As we can see in the comparison chart below, the BCU 1525 is 22{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more power efficient when mining Keccak-zp, 54{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more power efficient when mining Lyra2z and 14{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more power efficient when mining Keccak.
However, when it comes to cost efficiency, we see that the F1+ is:
Keccak-zp – 133{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more cost-efficient (35 gh/s for $3750 vs. 15 gh/s for $4000)
Lyra2z – 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more cost-efficient (93 mh/s for $3750 vs. 60 mh/s for $4000)
Keccak – 177{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} more cost-efficient (35 gh/s for $3750 vs. 12.6 gh/s for $4000)
In Conclusion
The Blackminer F1+ FPGA stands somewhere between an ASIC and a GPU. On one hand, it hashes several times faster than any modern GPU rig but on the other hand, it is more flexible than the conventional ASIC. That combination might give the F1+ great longevity and make it a competent miner for a pretty long time.
If we also take into account the price of a F1+ unit, we could say that for now, this miner might be a safer investment than the conventional ASIC. Does that mean that you should get one? The answer is up to you – investing into mining equipment always involves risks no matter how good or promising that equipment is.
About the miner itself, I am giving it a positive rating because it hashes as advertised. Build quality seems good too and the company seems pretty customer-oriented so far. Based on the company’s track record, Hashaltcoin seems to deliver in time too, which is always welcome.
That’s my experience with the Blackminer F1+, please share yours in the comments below.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
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What’s Up With ProgPoW? Benchmarks & Addressing the Criticisms
ProgPoW is a new algorithm that was proposed to replace Ethash and therefore make Ethereum ASIC-resistant. The idea is being debated since August 2018 and apparently, we are coming to the point when we as a community have to make the final decision – do we want ProgPoW to be implemented or not?
The idea was also discussed during January 4 ETH Core devs meeting and it seems that the majority of the community and the developers team members are leaning towards the adoption of this new algorithm.
In this post, I will briefly go over what ProgPoW is and then will address the criticism this idea is being receiving. Again, as a community, it’s our duty to be aware of what is going on and to actively either support or oppose this new proposal.
If you are already familiar with ProgPoW, you can jump directly to any of the following criticisms:
What is ProgPoW
ProgPoW is a modification of the Ethash algorithm that is specifically tailored to be mined with GPUs. But isn’t Ethash a GPU-friendly algorithm? Apparently, it is not. The problem with Ethash is that the GPU that mines cannot use all of its resources. According to the developers of ProgPoW, “The SM’s […] consume most of the GPU’s die area. They run at less than 30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} utilization.”
ProgPoW is designed to bring those 30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} all the way up to 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a}, allowing GPUs to unleash their almost full potential when mining. Even though ProgPoW is a modified version of Ethash, the differences between the two algorithms are pretty subtle and they do not compromise security in any way.
Why does ProgPoW exist?
Many of the Ethereum community members are not happy with the way ASICs are taking over Ethereum. Hell, even investors start to turn their faces away from Ethereum now that it can be mineable by ASICs, according to Business Insider.
For now, Ethereum ASICs aren’t that powerful, however they might become pretty beefy, pretty soon. All an ASIC needs to mine Ethash is a lot of memory bandwidth with a small compute core. Linzhi announced that they are developing a new miner that will outperform (more than 7x performance at 1/8th of the power usage) all existing Ethereum ASICs and I am sure that others (especially Bitmain and Innosilicon) aren’t far behind either.
ProgPoW was designed to prevent ASICs from taking over Ethereum mining hashrate. If Ethereum will switch from Ethash to ProgPoW, it will become pretty much ASIC-resistant, though not on a conventional way.
What I mean is that by being fully optimized to mine ProgPow, GPUs become better at it than any existing or future ASICs. In other words, while it is possible to develop and ASIC for ProgPoW, it’s pretty much impossible (at least on paper) to make it significantly more efficient than a GPU.. And since GPUs are more accessible and more flexible, people will more likely stick to their GPUs when mining Ethereum, even with ASICs being available.
Besides, thanks to the structure of ProgPoW, GPU overclocking is no longer necessary. You can read about how it works here. GPU underclocking is possible and I am sharing my benchmarks down below.
Will ProgPoW Be Incompatible with Existing Ethash ASICs?
ProgPoW is incompatible with existing ASICs for Ethash. Even though ProgPoW is very similar to Ethash in many ways, any ASIC manufacturer will have to have a completely different approach if they will ever want to design an ASIC for this new algorithtm.
One of the reasons is that ProgPoW adds a sequence of random math instructions and random cache reads to make a much larger mix state. The bigger is the mix state and the more random, the harder it is to build fixed function hardware. While definitely not impossible, it will take a lot more effort to make an ASIC for ProgPoW. And most importantly, those new ASICs will have to have a structure very similar to a GPU, with similar manufacturing costs and performance.
Regarding FPGAs, ProgPoW should be able to be resistant to those too. Unlike ASICs, FPGAs can be reprogrammed to mine virtually any algorithm, however changing the bitstream takes time and since the algorithm change will be happening every 50 blocks (every 12 minutes), using an FPGA to mine ProgPoW should result pretty problematic and and inefficient, or even impossible (especially after specs 0.9.3 and on).
ProgPoW Team
First and foremost, nobody from the Ethereum core team is officially involved in this project. ProgPoW is a community initiative and as such, it has its own activists.
One of ProgPoW most active teams is IfDefElse on Github. Their team allegedly consists of three people, two of which decide to keep their identities secret. Besides their activity on github, their role is to find or hire an external auditor for ProgPoW.
The third and only known IfDefElse member is Kristy-Leigh Minehan. Going under the nickname “Miss If”, Kristy-Leigh Minehan is the chief technology officer of Core Scientific, founder of the Mineority Group and also ex Genesis Mining. She is also known for participating in the creation the famous ETHlargement tool that increases Ethereum mining performance on certain GPUs.
The Critics
For a lot of people, the idea of bringing Ethereum back to GPU miners seems pretty attractive. In fact, not only GPU rig owners like that idea – apparently, investors seem to associate ASICs with mining centralization, whereas GPU mining allows anyone with a computer to help the network to stay decentralized. ASICs are expensive and fewer people invest in them, while GPUs are popular and used by common folk.
Ethereum Cat Herders, the community assigned to evaluate/audit ProgPoW by ETH Core Devs, made a poll on twitter to see whether the crypto community supports the idea. While the results are in favor of ProgPoW, I will not take that poll into account, simply because Twitter polls can be easily manipulated.
We are keen to gauge a rough consensus from the community on ProgPoW and as such will be asking some questions over the next week or so to get some additional data. To kick things off…
Do you think ProgPoW should be implemented? Please reply below to give additional details.
— Ethereum Cat Herders (@EthCatHerders) February 6, 2019
Instead, I will try to explore some of the most common concerns people post in the comments and discuss on the forums regarding this new algorithm and the way it might affect Ethereum.
Critique #1. ProgPoW is a “front” for Nvidia and AMD interests because Kristy-Leigh Minehan has ties to them.
According to her own words, Kristy-Leigh Minehan has close ties with the two GPU manufacturers. She also openly stated that both companies reviewed the code of this new algorithm. It would make sense to suppose that she started to lead the development of this project sponsored by Nvidia and AMD.
Mining had a great impact on both GPU manufacturers. Just take a look a year back when the price for mining-capable GPUs was about to reach the stars. Gamers were mad at miners for a reason – neither GPU manufacturer could satiate the demand for GPUs. Back in 2017, Ethereum used to be one of the main coins to mine on a GPU, mostly because Ethereum is big, popular and it’s way easier to sell your mined ETH.
It would make sense to suppose that now that GPU mining is slowing down, so are Nvidia and AMD sales, which is why they have planned to bring Ethereum mining back.
Personally, I find this critique pretty reasonable. However, I don’t mind Ms. Minehan being sponsored as long as the result of her work will benefit the network. After all, we miners don’t support the network for free either. So my main question is: will ProgPoW benefit Ethereum? Some people think it won’t and here is why:
Critique #2. ProgPoW will force ASIC manufacturers to keep their specialized hardware secret.
Simply put, if the community will agree to declare war on ASICs, ASIC manufacturers will have to officially declare that they gave up on developing miners for Ethereum. Because if they announce that they found a way to make an ultra efficient ASIC for ProgPow, Ethereum devs might make another change to the algorithm to kill those new ASICs. It happened with other coins (such as Monero) so it might happen with Ethereum too.
As we know, ASIC manufacturers make a living by mining with the ASICs they manufacture. Some giants go as far as using the ASICs they make to mine on their farms for few months before selling them (which spawned a lot of critique and controversy). Others openly keep most of the ASICs they make to themselves.
Mining centralization is one of the biggest fears of any crypto. Mining centralization defeats the main purpose of the cryptocurrency, making it worthless.
Now, if a coin is openly ASIC-friendly, does that keep it from being centralized by one company? Not really.
A good example is the recent SIA Coin incident. Originally, SIA Coin was designed to be ASIC-friendly, which motivated big manufacturers to develop and release their miners. Innosilicon was the one to win the race by creating the SIAMaster. The miner was so efficient and profitable that the company decided to not sell it to the public and keep the units in their farms instead (they sold a few batches but that’s about it). This allowed Innosilicon to quickly take the lead and own up to 43{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} of the SIA network hashrate, which was then stopped by a hard fork.
My take away from this case (among others) is that just because a coin is openly ASIC-friendly it does not mean that everyone will play fair.
Will ASIC manufacturers try to make ASICs for the new ProgPoW algorithm? Definitely, yes. Will they keep those units secret? Of course. Do they already do that with Ethash? Very likely.
The case with Innosilicon and SIA shows us that is an ASIC manufacturer wants to play dirty and put their own profit at the expense of decentralization, they will do it no matter what.
Note that I’m not hating on Innosilicon or on any other ASIC manufacturers. Business is business. However, I conclude that keeping an algorithm openly ASIC-friendly does not save it from being abused by giants. Back in the day, Innosilicon wasn’t bragging to the public that they owned the lion’s share of SIA network hashrate. It took some work and research for people to realize what’s up and ring the bell.
thanks!
Critique #3. ProgPoW is a distraction from POS.
Ethereum 2.0 has been WIP for a long time now and every time a new update is delayed, people get even more impatient to see the POS implementation. Ethereum devs face a lot of challenges and they have pretty large to-do lists, so why make them even larger by requesting the ProgPoW change?
While this point seems valid, it’s good to remember that developers working on implementing ProgPOW are not the same developers working on ETH 2.0.
Who are they? We don’t really know, though they might as well be some of the people who work on Parity or Geth. Both projects already spent quite a bit of time to implement ProgPOW in their clients: https://github.com/paritytech/parity-ethereum/pull/9762. Open Ethereum Pool (open-source mining pool) also joined the party and is now supporting the ProgPoW algo.
Moreover, ProgPOW testnet is already live and as Alison Berreman from Ethnews pointed out, “Ethereum developments are notorious for arriving later than expected, but the short timeline suggests that concerns that ProgPoW is a distraction may be somewhat hollow – and that time for debate has ended.”
If it was a distraction, it probably no longer is and no matter whether we will agree or not to implement ProgPoW, this will not affect the development of Ethereum 2.0. Or at least not as much as some people suggest it will.
Critique #4. ProgPoW only exists to give GPU Miners some sort of privilege at the expense of ASIC owners.
Basically, why even bothering with the fork if its only purpose is to favor a certain group within the mining community?
As a decentralized cryptocurrency, Ethereum should not take any sides, I totally support that. Making such big changes just to please the GPU mining community is not the way to go.
However, there is also one fact that most people seem to ignore. In the original whitepaper, Ethereum was designed to be an ASIC-resistant, GPU-mineable coin, which is why it was based on Ethash.
It’s not about favoring a certain group of people, it’s more about staying true to the original plan, the original concept of what Ethereum is. Here’s another interesting fact.
Back in the day when Bitmain announced their first Ethash ASIC and the community started to discuss ways to prevent that, Vitalik Buterin’s answer was “we will not focus on making Ethereum ASIC-resistant because we will be switching to POS soon anyway and we honestly don’t have time to split our efforts and work on changing our PoW algo.”
That was said… a while ago, Ethereum 2.0 was delayed few times since then and we will probably still have PoW for a bit (some estimate for 2-3 years from now on). Besides, as we discussed in Critique #3, ProgPoW is already here, almost ready to be implemented. It was developed by an independent team, so it’s not really a distraction now.
Critique #5. Why killing ASICs if they make the network more secure?
We have Ethereum Classic as an example – it wasn’t needed a lot of hashpower to successfully attack the network.
While this point is perfectly valid, here is the catch. The higher the network hashrate is, the more expensive (and less likely) it becomes for a hostile force to perform a 51{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} attack on it.
Ethereum’s network hashrate is about 300x times higher than ETC’s. And paradoxically, it might get even bigger once ASICs are banned (as we can see in 2018 when Ethereum GPU mining was flourishing).
The Chinese giant Linzhi, among others, is actively developing a more powerful ASIC to mine Ethash. They have spent $4 million dollars so far and if all goes as expected, the new model can potentially revolutionize Ethereum mining – according to the words of the company spokesman anyway.
Now, how powerful those new units will be? And what other companies are working on a new ASIC design for Ethash? What if a company will come up with such a powerful ASIC that will allow the manufacturer to quickly take over the lion’s share of the network hashrate? I mean, it happened before with other coins such as SIA (which is not a small coin), so it could, in theory, happen to Ethereum too. And let’s not forget that Ethereum is a way juicier target than SIA.
My takeaway from this is: on one hand, ASICs can potentially increase the security of a coin, but this mostly works if the coin is small enough (like ETC). However, ASICs can be also potentially dangerous to a coin that is in the process of transitioning from GPU to ASIC mining. Yeah, Ethereum ASICs are still in their baby state and aren’t that powerful compared to GPUs, however this can change pretty soon.
thanks!
Critique #6. ProgPoW might cause unnecessary hard forks.
Hard forks are unhealthy simply because they shard the community. Over the past month, a pretty big share of the community invested into Ethereum ASICs. Ethereum ASICs offer a way better value for the money than conventional GPUs, which makes them pretty attractive.
ProgPoW will make those ASICs incompatible with Ethereum, which will indeed cause a lot of complaints and anger. Similar cases happened to other coins that decided to ditch ASICs – once Monero hard forked to brick Monero ASICs, a hard fork called Monero Classic was created. Same thing happened to SIA – Bitmain and Innosilicon ASIC owners went on to create SIA Classic.
It’s not healthy for a community to split like that, which is an argument people use against ProgPoW.
While their point is completely valid, let’s also not forget about the upcoming Ethereum 2.0 hard fork. There is a different point of view which I cannot disagree with either.
Basically, even though the Ethereum mining community might split with the introduction of ProgPoW, it might make things less painful in the long run.
You see, once Ethereum becomes POS, none of the existing ASICs will be able to mine it. Yeah, there are indeed other coins based on the Ethash algorithm, however they aren’t as big or as profitable as Ethereum.
If ProgPoW will not happen, those people who invested their money on Ethash ASICs will have to mine something else once Ethereum 2.0 is released. We are talking about hundreds of thousands ASICs that will need an application. This means that thousands of people will stop mining Ethereum and will either fork Ethereum or go mine a different existing coin.
Now if ProgPoW will bring GPU mining back to Ethereum, the day of the fork will be way less painful for the mining community. People will simply switch their GPUs to mine something else (like Grin or Ravencoin), or maybe even lend their GPU farms to Golem, who knows.
Critique #7. ProgPoW Will Not Stop ASICs
Some people are concerned that ProgPoW will still be mineable with ASICs. Bitmain, among others, is known for breaking into so-called “ASIC-resistant” algos – they did it many times (Dash, Ethereum, etc) and they will certainly keep doing that as long as it’s profitable.
Truth is, it is indeed possible to create ASICs for ProgPoW and its developers are the first ones to aknowledge that. So what’s the catch?
According to the official technical specifications, the new algorithm is tailored to be the most efficiently mineable by GPUs. While an ASIC can be made to mine it, “This specialized ASIC would look suspiciously similar to existing commodity GPUs. It would only be marginally smaller and would have similar power performance.”
Basically, ProgPoW is tailored to be mined by GPUs and any device that wants to mine it efficiently has to be pretty much a GPU. Bitmain and others can manufacture GPUs indeed, however then they would be competing with Nvidia and AMD, which means that they would not have such an unfair advantage over common folks like you and I.
How Much Will ProgPoW Benefit GPU Mining?
GPU mining is and will be alive with or without ProgPoW – there are plenty ASIC-resistant coins to mine and Ethereum isn’t as pricey as it used to be in early 2018, which means it’s not as profitable to mine.
Let’s also not forget about the 3 to 2 ETH per block reward decrease in the upcoming Constantinople Fork. Ethereum is steadily moving to POS and it will get there eventually, leaving both ASIC and GPU mining behind in the process.
Will ProgPoW make Ethereum the GPU miner fest it used to be? I doubt it, unless Ethereum prices will skyrocket once again. But will they?
According to Coinswitch, the Constantinople Fork might make investors trust Ethereum a little bit more, which will positively affect the market.
Another factor that could potentially affect positively the price of the coin is the ban of ASICs. Quoting Business Insider, the announcement of the first ASIC for Ethereum made investors weaken faith in the crypto. Getting Ethereum from ASIC-friendly back to ASIC-reistant might or might not make more people invest into the coin.
Why the Lower Hashrates?
As you will notice in the benchmarks below, the mining hashrate of ProgPoW is avour 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} lower than that of Ethash. A GPU that hashes 20Mh/s on Ethash will hash around 11 Mh/s on ProgPoW. The reason is simple – ProgPoW is a different algorithm, which is why the hashrate is measured differently too. By switching to ProgPoW, your GPU will not mine slower and you will not earn less ETH. It’s just the network hashrate numbers will change both for GPU and ASICs, that’s all.
Testing ProgPoW
Since the testnet is live, I have decided to test the new algorithm myself. According to the developers, ProgPoW should work equally well with both AMD and Nvidia cards. In fact, in the official presentation, Krity-Leigh Minehan mentioned that one of their main aims was to avoid giving an advantage to either manufacturer.
Nvidia GPUs ProgPow Hashrate Benchmarks
OS: Windows 10 PRO
Drivers: 419.17
Miner Used: https://github.com/minerideseama/Ethereum-ProgPow-test/releases
Block: 7280000
(here you can make a donation for devs 0xa7e593bde6b5900262cf94e4d75fb040f7ff4727 and here for the guys who made this possible for windows 0xd9331260fb214F9Dd00c90873FF6B0c5ad2A60dE)
Compiled version: ethminer 0.18.0-alpha.3+commit.260c47d2
Source: https://github.com/AndreaLanfranchi/ethminer
Miner compiled on WIN10 64 with CUDA 10.
If you already done your own test, please comment below your results and also submit them here: https://progpow.pro/submitGPU.php
Here are my results with Ethminer:
RTX 2080 Ti ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 34.55 Mh/s ; Power Draw 260w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500; Hashrate 35.50 Mh/s ; Power Draw 260w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 26.10 Mh/s ; Power Draw 180w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 25.65 Mh/s ; Power Draw 180w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 23.50 Mh/s ; Power Draw 170w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 22.95 Mh/s ; Power Draw 170w
–
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 20.10 Mh/s ; Power Draw 155w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 19.60 Mh/s ; Power Draw 155w
- TDP 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 15.15 Mh/s ; Power Draw 145w
- TDP 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 16.25 Mh/s ; Power Draw 140w
- TDP 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.95 Mh/s ; Power Draw 130w
- TDP 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 13.50 Mh/s ; Power Draw 130w
Price Disclaimer
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 35.50 Mh/s | 260w | 0.1365 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 26.10 Mh/s | 180w | 0.1450 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 23.50 Mh/s | 170w | 0.1382 mh/s per watt |
| 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 20.10 Mh/s | 155w | 0.1296 mh/s per watt |
| 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 16.25 Mh/s | 140w | 0.1160 mh/s per watt |
| 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 13.95 Mh/s | 130w | 0.1073 mh/s per watt |
RTX 2080 ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 25.75 Mh/s ; Power Draw 275w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 24.85 Mh/s ; Power Draw 205w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 25.10 Mh/s ; Power Draw 205w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 24.00 Mh/s ; Power Draw 190w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 24.60 Mh/s ; Power Draw 190w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 23.15 Mh/s ; Power Draw 180w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 23.70 Mh/s ; Power Draw 180w
–
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 21.85 Mh/s ; Power Draw 165w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 22.65 Mh/s ; Power Draw 165w
- TDP 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 20.90 Mh/s ; Power Draw 150w
- TDP 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 21.50 Mh/s ; Power Draw 150w
- TDP 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 18.85 Mh/s ; Power Draw 140w
- TDP 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 18.35 Mh/s ; Power Draw 140w
Price Disclaimer
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 25.75 Mh/s | 275w | 0.0936 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 25.10 Mh/s | 205w | 0.1224 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 24.60 Mh/s | 190w | 0.1294 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 23.70 Mh/s | 180w | 0.1316 mh/s per watt |
| 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 21.85 Mh/s | 165w | 0.1324 mh/s per watt |
| 55{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 21.50 Mh/s | 150w | 0.1433 mh/s per watt |
| 50{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 18.85 Mh/s | 140w | 0.1346 mh/s per watt |
RTX 2070 ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 20.85 Mh/s ; Power Draw 215w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 21.50 Mh/s ; Power Draw 215w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 19.50 Mh/s ; Power Draw 185w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 20.00 Mh/s ; Power Draw 185w
- TDP 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 18.95 Mh/s ; Power Draw 170w
- TDP 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 19.50 Mh/s ; Power Draw 175w
–
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 18.25 Mh/s ; Power Draw 160w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 18.75 Mh/s ; Power Draw 160w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 17.45 Mh/s ; Power Draw 150w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 18.00 Mh/s ; Power Draw 150w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 16.60 Mh/s ; Power Draw 140w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 17.10 Mh/s ; Power Draw 140w
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 21.50 Mh/s | 215w | 0.1000 mh/s per watt |
| 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 20.00 Mh/s | 185w | 0.1081 mh/s per watt |
| 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 19.50 Mh/s | 175w | 0.1114 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 18.75 Mh/s | 160w | 0.1171 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 18.00 Mh/s | 150w | 0.1200 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 17.10 Mh/s | 140w | 0.1221 mh/s per watt |
RTX 2060 ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 18.00 Mh/s ; Power Draw 190w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 18.60 Mh/s ; Power Draw 190w
- TDP 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 17.71 Mh/s ; Power Draw 180w
- TDP 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 18.35 Mh/s ; Power Draw 180w
- TDP 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 17.44 Mh/s ; Power Draw 170w
- TDP 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 18.00 Mh/s ; Power Draw 170w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 17.14 Mh/s ; Power Draw 160w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 17.67 Mh/s ; Power Draw 160w
–
- TDP 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 16.72 Mh/s ; Power Draw 155w
- TDP 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 17.28 Mh/s ; Power Draw 155w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 16.33 Mh/s ; Power Draw 145w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 16.78 Mh/s ; Power Draw 140w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 15.84 Mh/s ; Power Draw 135w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 16.32 Mh/s ; Power Draw 135w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 15.34 Mh/s ; Power Draw 125w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 15.82 Mh/s ; Power Draw 125w
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 18.60 Mh/s | 190w | 0.0978 mh/s per watt |
| 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 18.35 Mh/s | 180w | 0.1019 mh/s per watt |
| 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 18.00 Mh/s | 170w | 0.1058 mh/s per watt |
| 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 17.67 Mh/s | 160w | 0.1104 mh/s per watt |
| 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 17.28 Mh/s | 155w | 0.1114 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 16.78 Mh/s | 140w | 0.1198 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 16.32 Mh/s | 135w | 0.1208 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 15.82 Mh/s | 125w | 0.1265 mh/s per watt |
GTX 1080 Ti ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 22 Mh/s ; Power Draw 250w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 24.25 Mh/s ; Power Draw 250w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 17.40 Mh/s ; Power Draw 175w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 20 Mh/s ; Power Draw 175w
–
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 15 Mh/s ; Power Draw 165w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 17.75 Mh/s ; Power Draw 165w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 12.8 Mh/s ; Power Draw 155w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 15.15 Mh/s ; Power Draw 155w
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 24.25 Mh/s | 250w | 0.097 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 20 Mh/s | 175w | 0.114 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 17.75 Mh/s | 165w | 0.107 mh/s per watt |
| 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 15.15 Mh/s | 155w | 0.097 mh/s per watt |
GTX 1080 ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.30 Mh/s ; Power Draw 185w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 13.20 Mh/s ; Power Draw 180w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.77 Mh/s ; Power Draw 135w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 14.55 Mh/s ; Power Draw 140w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.55 Mh/s ; Power Draw 135w
–
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 13.35 Mh/s ; Power Draw 125w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 12.35 Mh/s ; Power Draw 120w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 12.20 Mh/s ; Power Draw 120w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 11.00 Mh/s ; Power Draw 110w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 11.00 Mh/s ; Power Draw 110w
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 13.30 Mh/s | 185w | 0.071 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 13.77 Mh/s | 135w | 0.102 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 13.55 Mh/s | 135w | 0.100 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+500 | 12.35 Mh/s | 120w | 0.102 mh/s per watt |
| 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 11.00 Mh/s | 110w | 0.100 mh/s per watt |
GTX 1070 Ti ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.30 Mh/s ; Power Draw 180w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 15.13 Mh/s ; Power Draw 180w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 12.96 Mh/s ; Power Draw 135w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 12.80 Mh/s ; Power Draw 135w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 11.86 Mh/s ; Power Draw 125w
–
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 11.46 Mh/s ; Power Draw 125w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 10.50 Mh/s ; Power Draw 118w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 10.15 Mh/s ; Power Draw 118w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.17 Mh/s ; Power Draw 110w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 8.80 Mh/s ; Power Draw 110w
Price Disclaimer
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 15.13 Mh/s | 180w | 0.084 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 12.96 Mh/s | 135w | 0.096 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 11.86 Mh/s | 135w | 0.094 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 10.50 Mh/s | 118w | 0.088 mh/s per watt |
| 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 9.17 Mh/s | 110w | 0.083 mh/s per watt |
GTX 1070 ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.10 Mh/s ; Power Draw 180w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 14.90 Mh/s ; Power Draw 180w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.02 Mh/s ; Power Draw 135w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 14.33 Mh/s ; Power Draw 135w
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 12.90 Mh/s ; Power Draw 125w
–
- TDP 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 13.76 Mh/s ; Power Draw 125w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 13.35 Mh/s ; Power Draw 117w
- TDP 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 12.00 Mh/s ; Power Draw 118w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 11.00 Mh/s ; Power Draw 110w
- TDP 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 12.60 Mh/s ; Power Draw 110w
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 14.90 Mh/s | 180w | 0.0827 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 14.33 Mh/s | 135w | 0.1061 mh/s per watt |
| 70{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 13.76 Mh/s | 125w | 0.1100 mh/s per watt |
| 65{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 13.35 Mh/s | 117w | 0.1141 mh/s per watt |
| 60{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 12.60 Mh/s | 110w | 0.1145 mh/s per watt |
GTX 1060 6GB ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.40 Mh/s ; Power Draw 120w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 10.40 Mh/s ; Power Draw 120w
- TDP 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.55 Mh/s ; Power Draw 115w
- TDP 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 10.12 Mh/s ; Power Draw 115w
- TDP 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.95 Mh/s ; Power Draw 110w
- TDP 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 8.90 Mh/s ; Power Draw 110w
–
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.77 Mh/s ; Power Draw 100w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 9.20 Mh/s ; Power Draw 100w
- TDP 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.10 Mh/s ; Power Draw 95w
- TDP 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 9.50 Mh/s ; Power Draw 95w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 8.90 Mh/s ; Power Draw 90w
- TDP 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 9.10 Mh/s ; Power Draw 90w
Price Disclaimer
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 10.40 Mh/s | 120w | 0.0866 mh/s per watt |
| 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 10.12 Mh/s | 115w | 0.0880 mh/s per watt |
| 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 9.95 Mh/s | 110w | 0.0904 mh/s per watt |
| 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0 | 9.77 Mh/s | 100w | 0.0977 mh/s per watt |
| 80{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 9.50 Mh/s | 95w | 0.1000 mh/s per watt |
| 75{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 9.10 Mh/s | 90w | 0.1011 mh/s per watt |
GTX 1060 3GB ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.84 Mh/s ; Power Draw 150w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 11.00 Mh/s ; Power Draw 170w
- TDP 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.83 Mh/s ; Power Draw 150w
- TDP 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 11.00 Mh/s ; Power Draw 170w
–
- TDP 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.83 Mh/s ; Power Draw 150w
- TDP 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 11.00 Mh/s ; Power Draw 160w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 9.80 Mh/s ; Power Draw 150w
- TDP 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 11.00 Mh/s ; Power Draw 145w
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 15.13 Mh/s | 180w | 0.084 mh/s per watt |
| 95{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 12.96 Mh/s | 135w | 0.096 mh/s per watt |
| 90{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 11.86 Mh/s | 135w | 0.087 mh/s per watt |
| 85{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 10.50 Mh/s | 118w | 0.088 mh/s per watt |
GTX 1050 Ti ProgPow Hashrate
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks Stock ; Hashrate 5.98 Mh/s ; Power Draw -w
- TDP 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks +100/+500 ; Hashrate 6.56 Mh/s ; Power Draw -w
–
Price Disclaimer
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +0/+0+ | 5.98 Mh/s | -w | – mh/s per watt |
| 100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | +100/+500 | 6.56 Mh/s | -w | – mh/s per watt |
AMD GPUs ProgPow Hashrate Benchmarks
OS: Windows 10 PRO
Drivers: Blockchain compute
Miner: https://github.com/minerideseama/Ethereum-ProgPow-test/releases (here you can make a donation for devs 0xa7e593bde6b5900262cf94e4d75fb040f7ff4727 and here for the guys who made this possible for windows 0xd9331260fb214F9Dd00c90873FF6B0c5ad2A60dE)
Block: 7280000
Compiled version: ethminer 0.18.0-alpha.3+commit.260c47d2
Source: https://github.com/AndreaLanfranchi/ethminer
Miner compiled on WIN10 64 with CUDA 10.
If you already done your own test, please comment below your results and also submit them here: https://progpow.pro/submitGPU.php
RX 580 4GB ProgPow Hashrate
- TDP 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1411/1750 ; Hashrate 9.85 Mh/s ; Power Draw 175w
- TDP -15{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1411/1750 ; Hashrate 8.40 Mh/s ; Power Draw 150w
- TDP -25{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1411/1750 ; Hashrate 7.90 Mh/s ; Power Draw 130w
–
- TDP -30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1411/1750 ; Hashrate 7.45 Mh/s ; Power Draw 125w
- TDP -30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1411/2000 ; Hashrate 7.45 Mh/s ; Power Draw 125w
Price Disclaimer
| Power Limit | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1411/1750 | 9.85 Mh/s | 175w | 0.0562 mh/s per watt |
| -15{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1411/1750 | 8.40 Mh/s | 150w | 0.0560 mh/s per watt |
| -25{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1411/1750 | 7.90 Mh/s | 130w | 0.0585 mh/s per watt |
| -30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1411/1750 | 7.45 Mh/s | 125w | 0.0596 mh/s per watt |
| -30{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1411/2000 | 7.45 Mh/s | 125w | 0.0596 mh/s per watt |
RX 570 4GB ProgPow Hashrate
- mV 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1340/1750 ; Hashrate 8.35 Mh/s ; Power Draw 160w
- mV -100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1340/1750 ; Hashrate 8.90 Mh/s ; Power Draw 130w
–
- mV -200{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1340/1750 ; Hashrate 8.80 Mh/s ; Power Draw 130w
Price Disclaimer
| mV | Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1340/1750 | 8.35 Mh/s | 160w | 0.0521 mh/s per watt |
| -100{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1340/1750 | 8.90 Mh/s | 130w | 0.0684 mh/s per watt |
| -200{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1340/1750 | 8.80 Mh/s | 130w | 0.0676 mh/s per watt |
RX 470 4GB ProgPow Hashrate
- TDP 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1206/1750 ; Modded BIOS ; Hashrate 8.00 Mh/s ; Power Draw 110w
- TDP -25{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1340/1750 ; Modded BIOS ; Hashrate 6.20 Mh/s ; Power Draw 83w
–
- TDP 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1206/1750 ; Original BIOS ; Hashrate 8.00 Mh/s ; Power Draw 130w
- TDP 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} ; Clocks 1260/1750 ; Original BIOS ; Hashrate 8.25 Mh/s ; Power Draw 130w
| Power Limit |
Clocks | Hashrate | Power Draw | Mh/s per 1 watt |
| 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1206/1750 – Modded BIOS | 8.00 Mh/s | 110w | 0.0727 mh/s per watt |
| -25{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1340/1750 – Modded BIOS | 6.20 Mh/s | 83w | 0.0746 mh/s per watt |
| 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1206/1750 – Original BIOS | 8.00 Mh/s | 130w | 0.0615 mh/s per watt |
| 0{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} | 1260/1750 – Original BIOS | 8.25 Mh/s | 130w | 0.0634 mh/s per watt |
Voting For or Against ProgPow
Hopefully it was clear enough that I am not promoting any side here and I invite you to use your own discretion. Once you pick your side, I invite you to actively support the idea you are standing for.
If you are a supporter, the easiest way to for you to vote for ProgPoW is to use Ethermine, or any other pool that support it. The pool is adding a special PPYE(S)” tag to its blocks. If you are not a supporter, make sure to share your concerns and arguments on the forums and reddit. As a community, we have to listen to each other, but we also have to share our logic with others – sharing is caring, as they say.
Another way to help the side you pick is by casting your vote on http://progpowcarbonvote.com/ . All you will need to do is to send a zero ether transaction to an address, mentioned in the website.
Last but not least, you can also support the development of ProgPoW financially by sponsoring a dedicated team of developers. Follow this link https://gitcoin.co/grants/54/progpow-full-stack-integration for more info: “This is necessary for the critical research to be completed and implemented in a way that ensures the safety and security of the entire Ethereum ecosystem.”
In Conclusion
There is a lot of noise surrounding ProgPoW, which makes it a bit hard to understand what is really going on. There is a lot of support, as well as a lot of hate and even trolling going on in the forums. I hope this review was somewhat helpful to you to better understand the situation.
Let me know your thoughts in the comments below. I also invite you to share any important information you know – it might be helpful to anyone reading this.
Thank you for reading. As always, your comments, suggestions and questions are welcome.
Subscribe and stay tuned for further updates!
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CoinPayments: $1stMiningRig
ETH: 0x8a159cc27454130ee4880504f4d2afe2ebb22d15
BTC: 183BNU2y8Zr1z6ER1L9WjFa9XRKEKCqBjp
Ravencoin: RUYB64UXeyeWvDd4o9dBc3uvT57QjAZKz1
Luxcoin: LX5G6ZbQivZJL7srmFKxWYgBWjmFBZAvEu
ZEC: t1T9dLLM14Jh6NNuCPfNsRgGnj58LkT3yYX
The post What’s Up With ProgPoW? Benchmarks & Addressing the Criticisms appeared first on 1st Mining Rig.
SOURCE: 1st Mining Rig – Read entire story here.
My New Pool Is Up! Mine with 0.5{79bb97593c9111edff9923070a045ef663f285faf8113c2b6de3768228bcaf3a} Fees on 1stMiningPool
Hello friends,
I’m excited to announce the 1stMiningPool – a pool created and ran exclusively by the 1stMiningRig team. The goal was to make a pool the right way – we are all expert GPU miners, we’ve been mining since day one and we’re thrilled to be able to now support mining decentralization on a new level.
The pool is running on very low fees, just enough to support the pool itself and 1stminingrig. Our personal GPU rigs are mining on that pool, and we invite you to join us there
Pool Address:
Supported Coins:
- Denarius
- Lux
- Ravencoin
- Suqa
- Verge
- xdna
- Vertcoin (new)
- Gin (new)
- Veil coin (new)