Connect with us

Blockchain

PhoenixMiner 5.0b Update Addressing Support for AMD Cards With 4GB VRAM

As Ethereum Classic (ETC) is just about to hit DAG epoch 350 and Ethereum (ETH) about to follow it in a month or so later miners that are still using AMD Radeon GPUs with 4GB of video memory may start experiencing problems. So we are seeing some updated to mining software for Ethash addressing potential […]

Republished by Plato

Published

on


27
May
2020

As Ethereum Classic (ETC) is just about to hit DAG epoch 350 and Ethereum (ETH) about to follow it in a month or so later miners that are still using AMD Radeon GPUs with 4GB of video memory may start experiencing problems. So we are seeing some updated to mining software for Ethash addressing potential issues with the DAG size growing near the limit of the 4GB VRAM and trying to extend the usability of these video cards to the latest possible time. Miners with 4GB VRAM GPUS may already stared having issues with the main card if not using a built-in GPU due to the increased memory usage for the primary card by Windows, so the built-in Intel GPU for main card might help, alternatively switching to Linux operating system if you are currently running Windows may also help to gain a few more DAG epochs. You can also consider replacing the main video card with a one that has more video memory available in order to compensate for the increased VRAM usage cause by the Windows operating system.

The latest PhoenixMiner 5.0b update has added support for mining with 4GB AMD cards beyond the DAG epoch 350 (ETC is at #349 a the moment, ETH is a #338). Depending on the OS and driver versions you are using with this update you should be able to use 4GB AMD GPUs until epoch #372-#373 under Windows, and #380 under Linux. PhoenixMiner is fast (arguably the fastest) Ethash (ETH, ETC, Muiscoin, EXP, UBQ, etc.) miner that supports both AMD and Nvidia cards (including in mixed mining rigs). It runs under Windows x64 and Linux x64 and has a developer fee of just 0.65%. PhoenixMiner also supports Ubqhash for mining UBQ, ProgPOW for mining BCI, and dual mining Ethash/Ubqhash with Blake2s. According to the miner developers the speed of PhoenixMiner is generally faster than Claymore’s Ethereum miner in ETH only mode (about 0.4-1.3% speed improvement, though your results may be slightly lower or higher depending on the GPUs). To achieve highest possible speed on AMD cards it may be needed to manually adjust the GPU tune factor (a number from 8 to about 400, which can be changed interactively with the + and – keys while the miner is running). If you have used Claymore’s Dual Ethereum miner, you can switch to PhoenixMiner with minimal hassle as most of Claymore’s command-line options and configuration files are supported.

Some important tips for longest possible use of 4GB AMD cards with PhoenixMiner by the devs:
– If your rig is using Intel CPU, use the integrated graphics as primary display adapter. To do this, go to motherboard’s BIOS setup and change the “Primary display adapter” to iGPU (or integrated GPU). Also, if you are using actual monitor or HDMI plug, put it in the motherboard video output.
– If you can’t use integrated GPU, replace the primary GPU with one with 6GB or 8GB VRAM.
– Do not upgrade to a new AMD driver unless it is explicitly supported by PhoenixMiner. With 4GB AMD cards, this will not only lower your hashrate, but may also make it impossible to mine when the DAG epoch is above #350.
– After the DAG epoch moves past #350, the optimal -gt value for the 4GB AMD cards may change, so try to run auto-tune again after DAG epoch #350 to find the best GT values for the cards.

What AMD drivers to use for mining under Windows:
– Good drivers: these are versions from 18.12.1.1 to 19.7.5 (inclusive), and from 19.12.2 to 20.4.2 (inclusive). These will allow you to mine until DAG epoch #372-#373 and won’t need restart of PhoenixMiner on each DAG epoch change.
– Not so good drivers: these are versions 18.1.1 to 18.10.1 (inclusive), and from 19.8.1 to 19.12.1 (inclusive). This will allow you to mine until DAG epoch #365-#366 and will require restart of PhoenixMiner on each DAG epoch change (for these drivers this will be preformed automatically unless you have added -dagrestart 0 command-line option to explicitly disable the auto-restart).
– Drivers older than 18.1.1 were not tested for 4GB DAG operation.

What AMD drivers to use for mining under Linux:
– Under Linux all relatively recent drivers (i.e. last 24-36 months) allow mining until epoch #378-#380, but there are much more driver bugs, so if you are happy with your current driver version, do not change it.

To get more details and to download the latest PhoenixMiner 5.0b Ethash miner software…

Check Some More Similar Crypto Related Publications:

Source: https://cryptomining-blog.com/12398-phoenixminer-5-0b-update-addressing-support-for-amd-cards-with-4gb-vram/

Blockchain

The Countdown: Cardano (ADA) to Reach Full Decentralization on March 31st

Republished by Plato

Published

on

Less than a year after launching its IOHK-owned network of federated nodes, Cardano is on schedule to reach full decentralization at the end of March 2021. At that point, the already established network of over 1,800 community pools will be responsible for producing all new blocks.

Cardano Goes for Full Decentralization

With the approaching so-called D (=0) day, IOHK, the company behind the popular blockchain project Cardano, published a post highlighting the latest milestone in its development.

Cardano is on track to get out of the realm of centralization in less than a month. The post explained that upon the release of the Shelley update in July 2020, the developers built the network in a way that every block was produced by IOHK’s network of federated nodes.

This caused some confusion within the cryptocurrency community as such an approach was the “antithesis of decentralization.” However, the statement justified this somewhat controversial decision with enhanced security – “a wise approach for the near term while the stake pool operator (SPO) network got up and running.”

Furthermore, Cardano’s developers built in an automatic readjustment process, which reduced the parameter that governs what percentage of transactions are processed by the genesis nodes (referred to as d) at a rate of 0.02 per epoch. This means an increase by 2% in community block production every five days.

ADVERTISEMENT

Thus, the community received a more significant role in block production over time, which led to the current situation – only 12% of blocks are produced by federated nodes. The number will continue to gradually decrease until it reached zero (also known as D=0 Day) on March 31st.

Upon doing so, the network will become “fully decentralized,” as “D=0 pushes power to the edges.”

ADA Price Update

While the Cardano community is patiently anticipating the D=0 day, the native cryptocurrency has been on a roll since the start of the year, despite the recent retracements.

ADA entered 2020 at about $0,18 before it skyrocketed to a new all-time high just shy of $1.5. Following this 730% surge, the asset retraced slightly intact with last week’s market crash but has remained well above the $1 tag.

Naturally, ADA’s price surge impacted the market capitalization as well. As such, ADA surpassed other altcoins like Binance Coin and Ripple and is currently the 3rd largest cryptocurrency by market cap.

SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.
Source: https://cryptopotato.com/the-countdown-cardano-ada-to-reach-full-decentralization-on-march-31st/

Continue Reading

Blockchain

Ripple’s CEO: SEC Lawsuit Did Not Affect Business in Asia Pacific

Republished by Plato

Published

on

Ripple’s CEO Brad Garlinghouse told Reuters in an interview today that the company is still conducting and growing its business in the Asia Pacific region despite the SEC legal case against Ripple and its executives. 

The last four months have been some of the toughest for Ripple after the company was slammed with a $1.3 billion lawsuit by the United States Security and Exchange Commission (SEC). The regulator alleged that Ripple and its executives, including Garlinghouse, conducted an unregistered securities offering using XRP. 

News of the lawsuit spurred panic, and some major crypto exchanges offering services to U.S. clients were quick to delist XRP from their platforms. Ripple’s partner Moneygram also pulled the brakes on its alliance with the company following the SEC fiasco.

The price of XRP suffered severely, and the once-third-largest cryptocurrency by market cap now ranks seventh on CoinMarketCap.

No Fallout In Asia

Despite the company’s mishap in the United States, Garlinghouse noted that Ripple has continued its operation without hassle across Asia, especially Japan, thanks to the regulatory clarity in the region. 

ADVERTISEMENT

“It (the lawsuit) has hindered activity in the United States, but it has not really impacted what’s going on for us in Asia Pacific. We have been able to continue to grow the business in Asia and Japan because we’ve had regulatory clarity in those markets,” Ripple’s CEO said during the interview.

Garlinghouse believes the lack of a clear regulatory framework for cryptocurrencies in the United States is a hindrance to innovation and the SEC lawsuit is an attack on all crypto. However, he said that Ripple will not let the regulator bully the industry.

An Attack On All 

The CEO, alongside Ripple’s co-founder Chris Larsen, recently filed two separate motions, calling for the dismissal of the lawsuit against them and the company. 

Garlinghouse described the SEC action as a “regulatory overreach.” Ripple and its executive want US regulators to treat XRP as a virtual currency just like Bitcoin and Ether, but the SEC continues to insist that it is a security. 

With a settlement very unlikely at this point, both parties have agreed to August 16, 2021, as the discovery phase deadline, during which they will present all evidence and argument.

SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.
Source: https://cryptopotato.com/ripples-ceo-sec-lawsuit-did-not-affect-business-in-asia-pacific/

Continue Reading

Blockchain

Bitfury’s US Bitcoin mining subsidiary to go public via $2B SPAC merger

Republished by Plato

Published

on

Cipher Mining Technologies Inc. a subsidiary of blockchain development firm Bitfury has inked a $2 billion merger deal with Nasdaq-listed Good Works Acquisition Corp — a special purpose acquisition company, or SPAC. Both companies have entered into a business combination agreement.

According to a press release issued on Friday the merger will see Bitfury’s U.S. Bitcoin (BTC) mining enterprise become a publicly-listed company under the banner Cipher Mining Inc.

In addition to the combined $2 billion valuation for Cipher, investors like Morgan Stanley-backed Counterpoint Group and Fidelity Management and Research company will also lead a $425 million funding round.

This additional cash influx will proceed via a private investment in public equity, or PIPE, funding round. Bitfury will also provide a $50 million investment-in-kind to add to the $170 million left over from the October 2020 Good Works initial public offering, thus setting the combined company’s gross cash holdings at $595 million.

Commenting on the merger, Cipher Mining CEO Tyler Page remarked that the deal was a significant step in the emergence of properly capitalized Bitcoin mining enterprises, adding:

“With this transaction, we will be able to combine the formidable skill sets and technologies developed by Bitfury Group over the past 10 years with what we believe will be a leadership position on the global cost curve, and thereby create a true leader in the Bitcoin mining industry.”

With the merger expected to close in Q2 2021, Cipher is looking to achieve a 745 megawatts mining capacity by end of 2025. The company says it hopes to cross the 445 MW milestone between the end of 2021 and Q2 2022.

Cipher is the latest Bitcoin mining establishment to pursue a public listing albeit via a merger with a SPAC entity. As previously reported by Cointelegraph, Australian green energy Bitcoin mining outfit Iris Energy is set for a $39 million IPO in the summer.

With designs towards 745 MW in mining capacity, Cipher is also the latest example of the expanding Bitcoin mining outlay in North America. While China still dominates the BTC hash rate distribution, firms in the U.S. and Canada are reportedly increasing their inventory in the quest to dilute China’s control of the Bitcoin mining arena.

Meanwhile, Chinese miners are coming under significant regulatory pressure from municipal authorities. Earlier in March, reports emerged of crypto miners planning to exit Inner Mongolia amid energy consumption concerns.

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.
Source: https://cointelegraph.com/news/bitfury-s-us-bitcoin-mining-subsidiary-to-go-public-via-2b-spac-merger

Continue Reading
Blockchain5 days ago

Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin

Blockchain4 days ago

Why Mark Cuban is looking forward to Ethereum’s use cases

Blockchain2 days ago

Amplifying Her Voice

Blockchain5 days ago

NBA Top Shot leads NFT explosion with $230M in sales

Blockchain5 days ago

Litecoin, Monero, Dash Price Analysis: 28 February

Blockchain5 days ago

Top 5 cryptocurrencies to watch this week: BTC, BNB, DOT, XEM, MIOTA

Blockchain4 days ago

The Sony PlayStation 5 Game Console Mining Ethereum with almost 100 MH/s is Not True!

Blockchain2 days ago

Libra Coin – A New Digital Currency Developed by FACEBOOK

Blockchain2 days ago

Blockchain in Sports Betting

Blockchain5 days ago

Polkadot, Cosmos, Algorand Price Analysis: 28 February

Blockchain2 days ago

Will Netflix soon buy bitcoin?

Blockchain3 days ago

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

Blockchain3 days ago

DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv

Blockchain2 days ago

Bitcoin Halving: Definitive Guide (In Just 5 Minutes)

Blockchain5 days ago

How did Bitcoin lending become so popular?

Blockchain2 days ago

3 key Ethereum price metrics show pro traders are aiming for $2K ETH

Blockchain19 hours ago

Crypto fund KR1 makes investment in blockchain data protocol LazyLedger

Blockchain5 days ago

OLB Group enables crypto payments for thousands of US merchants

Blockchain2 days ago

Ethereum’s price prospects: What you need to know

Blockchain1 day ago

Bitcoin HODL Waves Suggest Bull Run Has Barely Started

Trending