Siamining – Another Open Public Siacoin (SC) GPU Mining Pool

A few days ago we’ve covered the beta SIA pool from Nanopool, and now there is a second more interesting SIacoin mining pool open for public already available called Siamining. Nanopool is still in beta and apparently has some delays with payments, along with high minimum limits and uses PPLNS payment system, while the Siamining pool does seem to be out of beta already and offers more interesting terms, especially for smaller miners. The Siamining Siacoin pool uses a PPS (Pay Per Share) payment system with a slightly higher fee of 3% (to cover for the higher risk for the pool) and does payments every 6 hours. So no need to wait for a very high minimum balance (2000 SC minimum) or to wait for block confirmations before you get your SC payments sent to you, there is also a Long Polling support to minimize stale shares. We have been testing the pool for about a day already and it does seem to be working quite well already, so we do recommend that you check it out, especially for smaller miners.

Meanwhile we have also done some benchmarks using the Siacoin Go Pool miner (source) that uses OpenCL for mining SC on different AMD and Nvidia GPUs (the miner supports mining on Nvidia using OpenCL) and you can fidn the results below. Do note that Nvidia is generally slower than AMD in terms of performance with OpenCL, however the new Pascal Nvidia GPUs such as GTX 1070 and GTX 1080 manage to do quite well in terms of hashrate. When you factor in the very good profitability mining Siacoin it is worth checking it out, especially if you are wondering shoudl you continue mining Ethereum with the current low exchange rate and high difficulty when there are already some good alternatives such as SIA.

Siacoin Go Pool miner hashrate:
– GTX 1080 – 1945 MHS
– GTX 1070 – 1466 MHS
– GTX 980 Ti – 1220 MHS
– GTX 970 – 803 MHS
– GTX 950 – 385 MHS
– GTX 750 Ti – 301 MHS
– RX 480 – 872 MHS
– R9 280X – 849 MHS
– R9 290x – 1116 MHS

Alternatively you can go for dual mining Ethereum and Siacoin using the latest Claymore Dual Miner with ETH in the main focus and SC as a secondary crypto coin to fully utilize the resources of the GPU you are using. Just a reminder that the dual miner is only for AMD GPUs, so for Nvidia GPUs you still need to go for the SIA Go miner that you can download below (64-bit binary for Windows). A word of warning, the Siacoin miner is pretty heavy for the GPU, so be careful with the temperatures and power usage if your focus was lately on mining Ethereum that does not stress the GPU that much unlike other algorithms. The Siacoin Go Pool miner easily hits the TDP limits of the GPU while mining, so make sure your video cards are cool and that your power supply can handle the load.

– To download and try the Siacoin Go pool miner for AMD and Nvidia GPUs…