[…]
The post 2016 Review: There’s New Momentum For Bitcoin and the Blockchain Industry appeared first on CryptoCoinsNews.
Saturday, December 31, 2016
Op-ed: Vitalik Buterin – Blockchain’s Person of the Year
[…]
The post Op-ed: Vitalik Buterin – Blockchain’s Person of the Year appeared first on CryptoCoinsNews.
Opinion: Nigeria Needs Bitcoin Regulation
[…]
The post Opinion: Nigeria Needs Bitcoin Regulation appeared first on CryptoCoinsNews.
Friday, December 30, 2016
Bitcoin Price Poised to Go Higher
[…]
The post Bitcoin Price Poised to Go Higher appeared first on CryptoCoinsNews.
The Hyperledger Blockchain Project adds 8 New Members
[…]
The post The Hyperledger Blockchain Project adds 8 New Members appeared first on CryptoCoinsNews.
Thursday, December 29, 2016
The Biggest Influencers of Bitcoin Price in 2016
[…]
The post The Biggest Influencers of Bitcoin Price in 2016 appeared first on CryptoCoinsNews.
Startup Uses Blockchain to Crackdown on Wine Fraud
[…]
The post Startup Uses Blockchain to Crackdown on Wine Fraud appeared first on CryptoCoinsNews.
Blockchain Forex Consortium adds Japan-based Fukui Bank
[…]
The post Blockchain Forex Consortium adds Japan-based Fukui Bank appeared first on CryptoCoinsNews.
Wednesday, December 28, 2016
Bitcoin Price Pushes Toward $1000
[…]
The post Bitcoin Price Pushes Toward $1000 appeared first on CryptoCoinsNews.
Evangelist Roger Ver Wants a Bitcoin ‘Lovefest’
[…]
The post Evangelist Roger Ver Wants a Bitcoin ‘Lovefest’ appeared first on CryptoCoinsNews.
Tuesday, December 27, 2016
Bitcoin Crosses $15 Billion Market Cap
[…]
The post Bitcoin Crosses $15 Billion Market Cap appeared first on CryptoCoinsNews.
Bitcoin Price Correction May Not Be over Yet
[…]
The post Bitcoin Price Correction May Not Be over Yet appeared first on CryptoCoinsNews.
Indian News Outlet Tries to Smear Bitcoin
[…]
The post Indian News Outlet Tries to Smear Bitcoin appeared first on CryptoCoinsNews.
Here’s a Sneak Peak Inside IBM’s Blockchain System
[…]
The post Here’s a Sneak Peak Inside IBM’s Blockchain System appeared first on CryptoCoinsNews.
Monday, December 26, 2016
Blockchainers Who Deserve the MIT Lab Disobedience Award
[…]
The post Blockchainers Who Deserve the MIT Lab Disobedience Award appeared first on CryptoCoinsNews.
Bitcoin Price Surge Drives Phishing Attacks On Wallets
[…]
The post Bitcoin Price Surge Drives Phishing Attacks On Wallets appeared first on CryptoCoinsNews.
Sunday, December 25, 2016
Merry Christmas Bitcoiners!
[…]
The post Merry Christmas Bitcoiners! appeared first on CryptoCoinsNews.
Bitcoin’s Biggest Headlines in 2016
[…]
The post Bitcoin’s Biggest Headlines in 2016 appeared first on CryptoCoinsNews.
Saturday, December 24, 2016
Without Segwit There is No Lightning Network
[…]
The post Without Segwit There is No Lightning Network appeared first on CryptoCoinsNews.
Bitcoin Price Rally Still Has Legs
[…]
The post Bitcoin Price Rally Still Has Legs appeared first on CryptoCoinsNews.
New Faster NiceHash EQM 1.0.4a Zcash Nvidia Optimized Miner Available
Just in time for Christmas a new NiceHash EQM 1.0.4a miner is available with about 10-15% speed boost for owners of Nvidia GPUs mining Zcash (ZEC). Like previous versions of the EQM miner it will only work for selling your hashrate on NiceHash, so not able to mine on another pool with it. The latest speed bump is intended for SM52 and SM61 capable Nvidia GPUs (that means only 9xx and 10xx cards), so no speedups for owners for first gen Maxwell GTX 750 (Ti) unfortunately. Currently only a Windows version is available. We are seeing a nice bump from about 320 H/s with the previous version to a little over 360 H/s on a stock GTX 1070 GPU with the 1.0.4a, overclocking brings even more hashrate.
– For more information and to download the NiceHash EQM Zcash Nvidia Optimized Miner…
Friday, December 23, 2016
Bitcoin Keeps Soaring, Breaks Beyond $900
[…]
The post Bitcoin Keeps Soaring, Breaks Beyond $900 appeared first on CryptoCoinsNews.
Report: FinTech Slow to Take Off in Japan
[…]
The post Report: FinTech Slow to Take Off in Japan appeared first on CryptoCoinsNews.
Thursday, December 22, 2016
Richmond Berks – Investing Bitcoins into Real Estate
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The post Richmond Berks – Investing Bitcoins into Real Estate appeared first on CryptoCoinsNews.
Bitcoin Tore through Resistance
[…]
The post Bitcoin Tore through Resistance appeared first on CryptoCoinsNews.
Bitcoin Internet Searches Are Trending Worldwide
[…]
The post Bitcoin Internet Searches Are Trending Worldwide appeared first on CryptoCoinsNews.
Australian Wheat Farmers Trial Blockchain to Sell Grain
[…]
The post Australian Wheat Farmers Trial Blockchain to Sell Grain appeared first on CryptoCoinsNews.
South Korean Fintech Firms Look to Enter China
[…]
The post South Korean Fintech Firms Look to Enter China appeared first on CryptoCoinsNews.
Bitcoin Price Reaching New Highs, Moving Past $850 USD
The Bitcoin exchange rate is on the bull run at the moment reaching new high moving past the $850 USD mark and maybe even trying to test $900 USD in the next couple of days. Of course as it usually happens when BTC is on the rise pretty much all other altcoins are going down, so no surprises there either. We are still not as high as the price from a few years ago during the MtGox crisis that has artificially increased the exchange rate of Bitcoin, but still things are looking very positive. At the moment predictions for a price of $1000 USD or more during early 2017 do not seem too pessimistic, even $2000 USD by the end of the next year is not so far fetched anymore.
– To keep a track of the up tod ate exchange rates of Bitcoin and other altcoins on Bitcoinwisdom…
Wednesday, December 21, 2016
CEX.IO Reaches $80 Million in Card Transactions
[…]
The post CEX.IO Reaches $80 Million in Card Transactions appeared first on CryptoCoinsNews.
Bitcoin at Pivotal Resistance Area
[…]
The post Bitcoin at Pivotal Resistance Area appeared first on CryptoCoinsNews.
Jersey Announces First Regulated Bitcoin Fund Listing
[…]
The post Jersey Announces First Regulated Bitcoin Fund Listing appeared first on CryptoCoinsNews.
Bitcoin Price Rings the $800 Bell
[…]
The post Bitcoin Price Rings the $800 Bell appeared first on CryptoCoinsNews.
Tuesday, December 20, 2016
Alex Tapscott: Thailand Should Embrace Blockchain
[…]
The post Alex Tapscott: Thailand Should Embrace Blockchain appeared first on CryptoCoinsNews.
Monday, December 19, 2016
NASA Petitioned to Send Bitcoins to Mars
[…]
The post NASA Petitioned to Send Bitcoins to Mars appeared first on CryptoCoinsNews.
Bitcoin Price at an Ominous Point
[…]
The post Bitcoin Price at an Ominous Point appeared first on CryptoCoinsNews.
Bitcoin’s Strong Year Continues in Push to $800
[…]
The post Bitcoin’s Strong Year Continues in Push to $800 appeared first on CryptoCoinsNews.
Sunday, December 18, 2016
Can Bitcoin Help Venezuela’s Crumbling Economy?
[…]
The post Can Bitcoin Help Venezuela’s Crumbling Economy? appeared first on CryptoCoinsNews.
Here’s Why a Hard Fork Can’t Work
[…]
The post Here’s Why a Hard Fork Can’t Work appeared first on CryptoCoinsNews.
Who is Blockchain’s Person of the Year?
[…]
The post Who is Blockchain’s Person of the Year? appeared first on CryptoCoinsNews.
Saturday, December 17, 2016
Chinese Police Shut down Illegal Bitcoin Mining Farm
[…]
The post Chinese Police Shut down Illegal Bitcoin Mining Farm appeared first on CryptoCoinsNews.
Citi Invests In Blockchain FX Trading Firm Cobalt DL
[…]
The post Citi Invests In Blockchain FX Trading Firm Cobalt DL appeared first on CryptoCoinsNews.
Friday, December 16, 2016
Overstock Issues Shares Using the Bitcoin Blockchain
[…]
The post Overstock Issues Shares Using the Bitcoin Blockchain appeared first on CryptoCoinsNews.
How Classic is Ethereum’s Austrian Kin
[…]
The post How Classic is Ethereum’s Austrian Kin appeared first on CryptoCoinsNews.
Bitcoin Commerce Increases by 1,800% at BitPay
[…]
The post Bitcoin Commerce Increases by 1,800% at BitPay appeared first on CryptoCoinsNews.
IBM Looks to Put Kenya’s Public Records on a Blockchain
[…]
The post IBM Looks to Put Kenya’s Public Records on a Blockchain appeared first on CryptoCoinsNews.
Thursday, December 15, 2016
An Exciting Time for Bitcoin Traders Looms
[…]
The post An Exciting Time for Bitcoin Traders Looms appeared first on CryptoCoinsNews.
Korean Digital Currency ‘BOScoin’ to Launch in Feb 2017
[…]
The post Korean Digital Currency ‘BOScoin’ to Launch in Feb 2017 appeared first on CryptoCoinsNews.
Wednesday, December 14, 2016
Checking Out Brave Browser’s Brave Payments Feature Powered by Bitcoin
The Brave browser is an interesting relatively new project for an open-source web-browser being developed with user’s privacy, security and performance in mind as well as with some interesting ideas to actually award users of the browser as well as allowing users to support their favorite websites without having to watch annoying ads on them. We like the idea, especially considering that the rewards part is also based on Bitcoin for the payments, so Brave is also supporting crypto currencies. A couple of months ago we have tried the browser in an earlier stage and there were still a lot of things that needed work, so we gave it another try with the most recent version. We already tried the ad and tracking blocking functionality and it has worked well even before, but this time the focus was a more recent feature that is still in beta – the Brave Payments feature. If enabled (off by default) it allows users to donate Bitcoins to their favorite websites where they do spend a lot of time and enjoy the content they find. As already mentioned this is powered by BTC transactions, so you need to actually have some Bitcoins and be willing to donate them…
If you want to try the Brave Payments beta feature you need to open up the Brave browser’s settings and go to the Payments tab, where you will find an off-on switch that would allow you to enable the feature. The basic control panel here allows you to select a monthly budget from a dropdown menu (5 USD to 20 USD) and see what amount in USD you currently have (deposited in Bitcoin). Once you enable the feature you will get a Bitcoin wallet address generated for you where you can deposit BTC that will be used to support your favorite websites.
There are multiple ways to obtain Bitcoins available, but after you have a hold of some you need to send them to the BTC wallet address you get shown when you click on the Add funds button in the Brave Payments window. Bitcoin transactions do require 1 confirmation on the network before the USD balance becomes available in your account.
When you start using the Brave browser you will see a list of websites ranked by the time you spent on them, in this list you can choose which sites you want to support using the Include switch (it is ON by default, though it should probably be OFF for new ones). The monthly budget you set, provided that you have available balance in your Brave BTC wallet is going to be distributed each month to all of the websites you decide to support, getting split according to a percentages based on a combination of how many pages you visit and how much time you spend on each site. Payments from users to website publishers are being made once a month.
Site owners that want to be able to receive funds from users supporting them through the Brave browser will need to verify themselves. According to the information available that will happen once there are at least $10 USD in BTC available for them from users with confirmation/registration emails being sent to the domain owners and the webmaster of the website. We are yet to go through that procedure to see how it goes, but the rest we have tried does seem to work pretty well already.
The Advanced Settings menu allows you to do some important things such as the minimum page time before logging a visit as well as the minimum visits fro publisher relevancy. You will most likely want to increase these values from their default lows in order to filter out random websites that you visit just once for example. The other very important functionality in this menu is the ability for backing up and recovering your Brave BTC wallet, this is something that you would want to make sure you backup just in case as you will be holding some amount of BTC in it if you will be using the Brave Payments feature.
For the moment the only way to take advantage of the Brave Payments beta feature is if you deposit some coins in your Brave wallet, but in the future the Brave browser will allow you to also earn while suing the browser if you want to. The standard functionality of the Brave browser is to block ads, but it can also replace them with Brave ads and for seeing these both website publishers and users might also have an additional stream of income. Above is the table with the percentage share for profit that will be coming from replaced ads, 55% go to the publishers and 15% go to the people that actually see the ads using the Brave browser. For the moment however there are still no replacement ads available apparently, but in the near future we may actually see that functionality becoming available in beta as well, just like the Brave Payments feature now.
– For more information and to try out the Brave browser and the Brave Payments feature…
Tuesday, December 13, 2016
Bitcoin Breakout Looks Very Likely
[…]
The post Bitcoin Breakout Looks Very Likely appeared first on CryptoCoinsNews.
Report: An AI Hedge Fund Paid for By Bitcoin
[…]
The post Report: An AI Hedge Fund Paid for By Bitcoin appeared first on CryptoCoinsNews.
Blockchain Rewards Platform to Pilot in Dubai
[…]
The post Blockchain Rewards Platform to Pilot in Dubai appeared first on CryptoCoinsNews.
New Faster NiceHash EQM Zcash Nvidia Optimized Miner
Currently the NiceHash EQM Zcash miner is the fastest ZEC miner out there for Nvidia GPUs with the latest release bringing up to almost 50% increase in performance for most Nvidia GPUs. Everything would have been perfect if you could use the miner for other Zcash pools, but the EQM miner is still only supporting the NiceHash service,s o you cannot mine ZEC with it, just sell your Zcash hashrate and get paid for it in Bitcoin. The recently released EWBF CUDA Zcash Miner is probably the fastest ZEC miner for Nvidia GPUs that is available for Windows that you can use on other pools for mining Zcash directly, though it is slower than the latest EQM miner release and that one also comes with 2% dev fee (no fee on the NiceHash miner, but only locked to their service).
The latest NiceHash EQM Zcash 1.0.3a is available for both Windows and Linux and promises up to 320 Sol/s on a stock GTX 1070, and up to 370 Sol/s on overclocked GTX 1070 (you need to use two instances per GPU for maximum performance). We can confirms hashrates that are very close to the ones claimed on the GTX 1070 and of course the miner also does well on other NVidia GPUs. Do note however that it does require SM 5.0 GPU, meaning Maxwell or Pascal as it will not work on older Nvidia architectures…
– For more information and to download the NiceHash EQM Zcash Nvidia Optimized Miner…
Monday, December 12, 2016
Blockchain Social Platform Steemit Completes Hardfork
[…]
The post Blockchain Social Platform Steemit Completes Hardfork appeared first on CryptoCoinsNews.
Sunday, December 11, 2016
Female CEOs, Founders & Leads in the Blockchain Industry
[…]
The post Female CEOs, Founders & Leads in the Blockchain Industry appeared first on CryptoCoinsNews.
Saturday, December 10, 2016
Smart Contracts: 12 Use Cases For Business And Beyond
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The post Smart Contracts: 12 Use Cases For Business And Beyond appeared first on CryptoCoinsNews.
Friday, December 9, 2016
Bitcoin Consolidation Almost Complete
[…]
The post Bitcoin Consolidation Almost Complete appeared first on CryptoCoinsNews.
Sex Consent Smart Contracts: Would You Issue the Coin?
[…]
The post Sex Consent Smart Contracts: Would You Issue the Coin? appeared first on CryptoCoinsNews.
Microsoft Launches Azure Blockchain Service in India
[…]
The post Microsoft Launches Azure Blockchain Service in India appeared first on CryptoCoinsNews.
Demonetization Brings Surge in Bitcoin Adopters in India
[…]
The post Demonetization Brings Surge in Bitcoin Adopters in India appeared first on CryptoCoinsNews.
Thursday, December 8, 2016
Bitcoin Price Finds its Climbing Boots Again
[…]
The post Bitcoin Price Finds its Climbing Boots Again appeared first on CryptoCoinsNews.
Tangle: A Cryptocurrency for the Internet of Things
[…]
The post Tangle: A Cryptocurrency for the Internet of Things appeared first on CryptoCoinsNews.
Did €160,000 in Bitcoin Help Bust Counterfeit Euro Darknet Vendor?
Bitcoin transactions may have helped track and put an end to a counterfeit currency ring.
The post Did €160,000 in Bitcoin Help Bust Counterfeit Euro Darknet Vendor? appeared first on CryptoCoinsNews.
Japanese MegaBank Mizuho Tests its Own Digital Currency
[…]
The post Japanese MegaBank Mizuho Tests its Own Digital Currency appeared first on CryptoCoinsNews.
South Korea Sees its First Blockchain Consortium
[…]
The post South Korea Sees its First Blockchain Consortium appeared first on CryptoCoinsNews.
Wednesday, December 7, 2016
“Intense Demand” sees 11 New Bitcoin ATMs Added in Texas
Texas is now third in the highest number of bitcoin ATMs per state, after California and New York.
The post “Intense Demand” sees 11 New Bitcoin ATMs Added in Texas appeared first on CryptoCoinsNews.
New Faster EWBF CUDA Zcash Miner for Nvidia GPUs
There is a new miner for Nvidia CUDA GPUs available for mining Zcash (ZEC) promising a slightly faster hashrate than the currently fastest implementation of the NiceHash EQM Zcash NVIDIA miner. The most important thing about this new miner is that it is not limited to only mining on NiceHash, so even with the same speed it is still a nice thing to have as it supports Stratum mining on other mining pools besides NiceHash (it does seem to support NiceHash’s Extranonce Subscribe as well). According to the author of the miner it is designed for Nvidia Pascal GPUs, but should work on older Compute 3.0 or higher Nvidia GPUs with at least 1 GB of video memory. Do note that the miner is not open source and there is only a Windows 64-bit binary release available at the moment, it does not seem to be based on other popular codebase and is not being reported as malicious software by antivirus products. You might still want to have something in mind as the user that posted it on Bitcointalk is a new account and not an established miner developer, even though it seems that the miner does work pretty well.
The EWBF CUDA Zcash Miner has a built-in developer fee that is set at 2%, meaning that every 10 minutes the software will switch to a different pool and mine for the developer some shares and then get back to mining for you. The author of the software claims speeds of about 250 H/s for Nvidia GTX 1070 while the NiceHash EQM miner does currently about 220 H/s on the same GPU. Our quick tests showed a hashrate of about 235-240 H/s average (up to 250 H/s) on stock GTX 1070, so still slightly faster, but not as much as you may want it to… then there is the dev fee as well and it seems that we are seeing somewhat more rejects than, especially when switching to mine for the dev fee. So while this may be an interesting alternative for users willing to mine outside of NiceHash, the actual performance that you may get poolside may not be much different than with what is currently the fastest implementation from NiceHash (taking into account the dev fee and the rejected shares)…
– For more information about the new faster EWBF CUDA Zcash Miner for Nvidia GPUs…
Bitcoin Consolidation Likely to Continue
[…]
The post Bitcoin Consolidation Likely to Continue appeared first on CryptoCoinsNews.
Tuesday, December 6, 2016
Will Bitcoin Save Australia’s Devalued Democracy?
[…]
The post Will Bitcoin Save Australia’s Devalued Democracy? appeared first on CryptoCoinsNews.
Finland’s Central Bank Hosts a Blockchain Seminar
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The post Finland’s Central Bank Hosts a Blockchain Seminar appeared first on CryptoCoinsNews.
Monday, December 5, 2016
Coinbase Files for Patent to Secure Bitcoin Private Keys
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The post Coinbase Files for Patent to Secure Bitcoin Private Keys appeared first on CryptoCoinsNews.
Bitcoin Experiences Its Busiest Week Ever
[…]
The post Bitcoin Experiences Its Busiest Week Ever appeared first on CryptoCoinsNews.
Japan’s Central Bank Staff are Running Blockchain Trials
[…]
The post Japan’s Central Bank Staff are Running Blockchain Trials appeared first on CryptoCoinsNews.
Moving toward Regulation, Vietnam Could Legalize Bitcoin
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The post Moving toward Regulation, Vietnam Could Legalize Bitcoin appeared first on CryptoCoinsNews.
Sunday, December 4, 2016
Bitcoin Hit Resistance at Recent Swing High
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The post Bitcoin Hit Resistance at Recent Swing High appeared first on CryptoCoinsNews.
Saturday, December 3, 2016
ENIGMA – the New Name for Cloakcoins POSA3
[…]
The post ENIGMA – the New Name for Cloakcoins POSA3 appeared first on CryptoCoinsNews.
Friday, December 2, 2016
EtherCamp Hackathon Enters Voting Phase
[…]
The post EtherCamp Hackathon Enters Voting Phase appeared first on CryptoCoinsNews.
Bitcoin Price Surges, Hits a Year-High $774
[…]
The post Bitcoin Price Surges, Hits a Year-High $774 appeared first on CryptoCoinsNews.
Apple Primed to Win Against the Australian Banking Cartel in Apple Pay Standoff
Apple isn't budging and the banks want to form a cartel.
The post Apple Primed to Win Against the Australian Banking Cartel in Apple Pay Standoff appeared first on CryptoCoinsNews.
Thursday, December 1, 2016
This Man is Pushing for Bitcoin Adoption in India
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The post This Man is Pushing for Bitcoin Adoption in India appeared first on CryptoCoinsNews.
Bitcoin Miner HaoBTC Launches a Hashrate Exchange
[…]
The post Bitcoin Miner HaoBTC Launches a Hashrate Exchange appeared first on CryptoCoinsNews.
Less Than 100 Blocks Remain Until the End of the ZEC Slow Start Mining
In a couple of hours the initial slow start of mining for Zcash will finally be over after a bit over a month since the official launch of ZEC. There are already less than 100 blocks remaining until we reach the 20000 block where the block reward gets to the full 12.5 ZEC. So if you were mining and selling up until now in order to get the maximum out of the slow start phase of mining, now you may also consider the option about mining and holding some coins long term as well. That of course is not a sure strategy for making profit, but sounds like a reasonable idea considering the fact that there is still a lot of interest in Zcash and after some time it may start going up in terms of an exchange rate. At the moment the exchange rate of a single Zcash coin is at about $63.6 USD and it has been pretty stable lately even with the slowly increasing block reward until it reaches the full 12.5 coins per block. Some people consider that this is still a pretty high valuation for ZEC at this point in time, but then again it is also up to the market to decide what is the actual value of the ZEC coins. There is the chance that the value may drop or rise up, so be careful what are you deciding to do after the finish of the slow start of mining phase…
– To keep a track of how things are moving with the Zcash using the Zchain explorer…
Wednesday, November 30, 2016
SimpleMining SimpleRigResetter for Multiple GPU Mining Rig Owners
Remotely controlling multiple mining rigs is not a hard thing to do, however remotely resetting them in case of a problem is not as easy as you might think. Sure if you have a rig or two you can purchase a smart WiFi switch for example and connect the mining rig to it and issue a power off/on command remotely via the Internet. Some of these devices also come with another useful feature for monitoring the actual power usage and that can be helpful for some mining rig owners. The smart WiFi plugs are available for as low as $20 USD or EUR, but if you have more than a couple of mining rigs they are not that good of an option. The cost will build up and you can even start having problem with your WiFi router being able to keep everything connected and operating properly.
Fortunately there are interesting alternatives also available in the form of dedicated products and one such that was recently announced is the SimpleRigResetter device made by the creator of the Simplemining OS. The device is designed to remotely monitor and control the power on/off functionality of up to 8 mining rigs by plugging 4 cables into the motherboard header of each rig – two for the power LED and two for the power on functionality. It is a custom built hardware that connects over the network and works with custom software to reset any of the connected mining rigs when you need to and it should even come with support integrated in the SimpleMining OS.
The SimpleRigResetter device is not yet available with pre-orders expected to start in December with a base price of $70 USD for the board + $20 USD for shipping and deliveries should start in the second half of January 2017 according to the currently available data. There is even an extension pack announced that should add support for control of up to 24 additional mining rigs that is priced at $90 USD, making the total number of supported rigs 32. It is definitely something to keep an eye on if you need a solution like that and have more than just a few mining rigs in operation.
Of course if you get creative and have a bit more knowledge in hardware and programming you can pick up something like an Arduino Mega board, slap on an Ethernet shield on it and add a relay pack with some custom code and get support for remote power on/off of more than 50 mining rigs. This is just an idea of course for people that might be looking for other alternatives and might be interested in DIY solution that they can customize by themselves without way too much effort. This of course is not something that just about anybody can do even though using Arudino is not rocket science it still does require some knowledge and experience. Not to mention if you decide to go for a custom PCB and make your own product similar in functionality to the one mentioned above, but then again your focus is probably mining and you will most likely need a ready-made solution that does not cost too much and works well.
– For more information about the upcoming SimpleMining SimpleRigResetter…
Bitcoin Miners Make Big Profits but Fear for Safety in Venezuela
Bitcoin is turning socialism onto itself in Venezuela.
The post Bitcoin Miners Make Big Profits but Fear for Safety in Venezuela appeared first on CryptoCoinsNews.
Bitcoin’s Intrinsic Value Dilemma
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The post Bitcoin’s Intrinsic Value Dilemma appeared first on CryptoCoinsNews.
Bitcoin Issues a Buy Signal on the Daily Chart
[…]
The post Bitcoin Issues a Buy Signal on the Daily Chart appeared first on CryptoCoinsNews.
Tuesday, November 29, 2016
Deloitte Becomes Gold Sponsor of Ether Camp Hackathon
[…]
The post Deloitte Becomes Gold Sponsor of Ether Camp Hackathon appeared first on CryptoCoinsNews.
Ethereum Price Falls by More Than 7%
[…]
The post Ethereum Price Falls by More Than 7% appeared first on CryptoCoinsNews.
Darcrus: dAppsheet Prototype to be Released during ICO
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The post Darcrus: dAppsheet Prototype to be Released during ICO appeared first on CryptoCoinsNews.
Monday, November 28, 2016
Miners Host the Bitcoin Unlimited Team
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The post Miners Host the Bitcoin Unlimited Team appeared first on CryptoCoinsNews.
Load a VISA Card With Over 40 Altcoins
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The post Load a VISA Card With Over 40 Altcoins appeared first on CryptoCoinsNews.
R3 Demonstrates Blockchain Technology in Bermuda
[…]
The post R3 Demonstrates Blockchain Technology in Bermuda appeared first on CryptoCoinsNews.
Genesis Mining Black Friday/Cyber Monday Promotion
[…]
The post Genesis Mining Black Friday/Cyber Monday Promotion appeared first on CryptoCoinsNews.
Indian Bitcoin Buying Reaches $985 as Exchanges Push for Adoption During Demonetization
India is buying bitcoin at a premium of 35%.
The post Indian Bitcoin Buying Reaches $985 as Exchanges Push for Adoption During Demonetization appeared first on CryptoCoinsNews.
Sunday, November 27, 2016
Blockchain Presents A New Model For Transactive Energy
[…]
The post Blockchain Presents A New Model For Transactive Energy appeared first on CryptoCoinsNews.
Bitcoin Deserves to Be Watched Again
[…]
The post Bitcoin Deserves to Be Watched Again appeared first on CryptoCoinsNews.
Will the Bitcoin Scalability Debate Ever End?
[…]
The post Will the Bitcoin Scalability Debate Ever End? appeared first on CryptoCoinsNews.
Saturday, November 26, 2016
Coinroom Is a New Modern Digital Currency Exchange
[…]
The post Coinroom Is a New Modern Digital Currency Exchange appeared first on CryptoCoinsNews.
Friday, November 25, 2016
Ethereum Founding Member Gives Up on the DAO
[…]
The post Ethereum Founding Member Gives Up on the DAO appeared first on CryptoCoinsNews.
Suprnova Mining Pools Black Friday – 0% Fee and 5% Bonus on Mined Coins
This is the kind of a promotion that crypto miners will definitely like in time for the Black Friday – pools with zero fees and 5% bonus on the coins mined and Suprnova has just that – some pools that are offering you just that for today. The promotion runs for the following pools: DASH, DCR, EXP, LBRY, ZEC, ZCL, so if you are mining any of these coins you might want to do it at the Suprnova pool and get the Black Friday bonuses.
Links to the Pools with the Promotion:
– DASH Mining Pool at Suprnova
– Decred Mining Pool at Suprnova
– Expanse Mining Pool at Suprnova
– Library Mining Pool at Suprnova
– Zcash Mining Pool at Suprnova
– Zclassic Mining Pool at Suprnova
– Zdash Mining Pool at Suprnova
Thursday, November 24, 2016
Genesis Mining Black Friday/Cyber Monday Promotion is Now Live
Genesis Mining, the world’s leading hashpower provider for cloud mining, is announcing a new promotion for its existing and new customers. Genesis Mining provides cloud mining capabilities to those who want to mine cryptocurrencies without using costly hardware at home.
Black Friday and Cyber Monday are right around the corner and Genesis Mining will be doing a sale from 12:00AM UTC on Friday all the way through Cyber Monday (12:00AM UTC Tuesday). During the sale all Genesis Mining products will be 5% off!
Cryptocurrency mining contracts Genesis Mining currently offers:
– Bitcoin
– Ethereum
– X11
Why Cloud Mining? Mining cryptocurrencies requires the use of sophisticated computer hardware. Most people don’t want to maintain this hardware, and even for those that have the expertise, the costs of energy, cooling, and maintenance often undermine mining profits. Genesis Mining offers cloud mining by giving it’s customers hashpower from an incredibly efficient mine that uses Iceland’s geothermal energy to provide peak efficiency at minimal cost.
For those interested in a cloud mining experience, you can check the pricing page that will include the Black Friday/Cyber Monday promotion on Thursday at 12:00AM UTC.
Since the promotional pricing is already applied when you purchase a new contract during the promotional period you should be able to also use additional discount codes as well. So you can use our discount code CryptoMiningBlog5 and get additional 3% off the already discounted prices for cloud mining hahsrate in the Black Friday/Cyber Monday Promotion.
Did Blockchain Prices Trump In?
[…]
The post Did Blockchain Prices Trump In? appeared first on CryptoCoinsNews.
Ethereum’s Blockchain Accidentally Splits
[…]
The post Ethereum’s Blockchain Accidentally Splits appeared first on CryptoCoinsNews.
Ethereum Drifting Lower as Bitcoin Stays Sideways
[…]
The post Ethereum Drifting Lower as Bitcoin Stays Sideways appeared first on CryptoCoinsNews.
Bitcoin Black Friday to Celebrate Bitcoin’s History
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The post Bitcoin Black Friday to Celebrate Bitcoin’s History appeared first on CryptoCoinsNews.
African Banks Start to See the Potential of Blockchain
[…]
The post African Banks Start to See the Potential of Blockchain appeared first on CryptoCoinsNews.
Wednesday, November 23, 2016
Top Ten Cryptocurrency NEM Catches on in Japan
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The post Top Ten Cryptocurrency NEM Catches on in Japan appeared first on CryptoCoinsNews.
Report: Morgan Stanley Might Leave R3 Blockchain Consortium
Is Morgan Stanley about to part ways with its banking brethren and R3?
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Bitcoin and Fibonacci Spirals
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Siemens Teams Up with LO3 Energy on Blockchain Microgrid
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How Bitcoin Could Have Saved UK Households $1.5 Trillion
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Edinburgh Gets its First Ever Bitcoin ATM
Scotland's capital now hosts a bitcoin ATM.
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UFOMiners Begins A New Era For Cryptocoin Mining
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Bitcoin Black Friday is Coming, Are You Prepared
Another year of Bitcoin and another Bitcoin Black Friday is coming in just about two days from now, so if you are planning to spend some BTC, then you might want to take a look at the upcoming deals and promotions this Friday. The dedicated website Bitcoin Black Friday is currently taking up offers from merchants that want to take part and the offers will go live on Friday, just like the years before. So make sure you check it out on Friday for some good deals or maybe if you are selling a product or a service you might also take the opportunity to provide a Black Friday deal and attract some more customers. Also you might want to double check on some seemingly attractive promotions and websites just to be sure that you are going to be getting a better deal and not being taken advantage of as events such as Black Friday and Cyber Monday also attracts some shady people that are just trying to make some quick money off users!
– To check up the Bitcoin Black Friday website for some interesting details this Friday…
Tuesday, November 22, 2016
India Googles ‘Buy Bitcoin’ as Nation Explores Gold Imports Ban
After its cash curb, India could be set to put the brakes on gold imports.
The post India Googles ‘Buy Bitcoin’ as Nation Explores Gold Imports Ban appeared first on CryptoCoinsNews.
Does the IRS Think All Bitcoin Users are Tax Cheats?
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Ethereum Chart Issues Several Buy Signals
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The NEM Blockchain Project, Version 2.0 – Catapult
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Malta Stock Exchange Forms Blockchain Committee
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South Korea Will Introduce Bitcoin Regulations in 2017
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The post South Korea Will Introduce Bitcoin Regulations in 2017 appeared first on CryptoCoinsNews.
Monday, November 21, 2016
The CEO of Russia’s Largest Bank is a Bitcoiner
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The post The CEO of Russia’s Largest Bank is a Bitcoiner appeared first on CryptoCoinsNews.
Goldman Sachs Exits the R3 Blockchain Consortium
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The post Goldman Sachs Exits the R3 Blockchain Consortium appeared first on CryptoCoinsNews.
Bitcoin and Ethereum Consolidation Continues
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How to Choose the Best PSU for a Multi-GPU Mining Rig
It seems that still a lot of people may overlook the importance of the power supply when building a multi-GPU mining rig and the more the number of video cards, the more the issues may arise. Normally people think that if you have six video cards with a TDP of 150W, then any decent 1000W power supply should be just fine for the job in providing enough power for the mining rig. Doing the simple math it will, however when we get to actually connecting everything things may actually start to get messy. You might discover that you have not properly planned the number of power connectors you need for the video cards that you need, or the number of 4-pin Molex connectors needed for the powered risers. The simplest solution here would be to just add some splitter adapters and got a few extra connectors available to be able to just connect everything. Unfortunately the simplest solution here is definitely not the wisest thing to do as you might end up overloading some of the wires going to the PSU…
The first thing you need to ensure is that the power supply you go for has enough PCI-E power connectors available to power all of your video cards in the mining rig. So if you have 6 video cards getting six separate PCI-E power connectors from the power supply is the best solution. Unfortunately not many power supplies are designed with single cables for 6 or even more PCI-E power cables as normal computers rarely have more than 2 or up to 4 video cards in rare cases. Even if a power supply has let us say 8 power connectors these are usually double connectors going from a single wire to the PSU and this is originally designed for up to 4 video cards (if they have double PCI-E power connectors). Adding additional adapters splitting single PCI-E power connector to dual PCI-E or using Molex to PCI-E power adapter can cause problems, so if possible it is wise to try and avoid it. If not, then you at least need to make sure that you are not overloading any of the lines going to the power supply, the easiest thing to check for that is to touch the cables and if they are getting hot, then it is not Ok.
If you are using a motherboard with multiple PCI-E slots like the AsRock H81 Pro BTC motherboard that is actually designed to be sued for GPU mining rigs you will need to use extenders. Although the motherboard has extra 4-pin Molex power connectors in order to properly power video cards that need more power from the PCI-E slot. Even in this case it is still better to go for powered PCI-E risers and do not try to draw more power through the motherboard, especially if you go for 6 GPUs. The x16 PCI-E slot that is normally being used for video cards on the motherboard is designed to provide up to 75W of power to the video card by specifications, though most of the consumption comes from the 12V line and there the max power is rated at up to 66W. If you however have 6 video cards that are maxing out the power draw from the motherboard it will come up to a pretty high number, even though in most cases video cards do not go with the maximum power that the PCI-E slot can provide them with.
There are a number of different PCI-E risers, but one that is very popular choice is the x1 PCI-E to USB 3.0 riser as it is really well designed and works very good, unlike the case with not so well made ribbon cable extenders. These risers use a USB 3.0 cable, but they are not actually using USB interface, the cable is just a good choice for the data communication without issues. PCI-E risers like the one on the photo rely on 4-pin Molex power connector to supply any power that the video card may need, completely cutting any power draw from the motherboard’s PCI-E slot. We already know that the video card can draw up to 66W over the 12V line and this should normally not be a problem for a 4-pin Molex connector as these connectors are rated at 10-11A per wire and since there is just one 12V wire you should in theory be able to go for up to 120-132W over it, but that is only if you have a single Molex power connector.
The actual problem with 4-pin Molex power connectors are not the connectors themselves, but the cables that are being used to route them to the PSU, because they also have a maximum power rating depending on their thickness. Power supply manufacturers and cable adapter manufacturers do not go for the best option as it would make things more expensive and in most cases it will not hurt to go for a thinner cable. To be able to get up to 10A current over a 4-pin Molex connector you would require a 14 AWG or 16 AWG wire, 18 AWG ones are rated at up to 8 Amps and 22 AWG wires are rated for up to 6 Amps. Unfortunately most manufacturers do not go for 16 AWG let alone for 14 AWG wires on Molex connectors (usually 16 AWG wires used on PCI-E power connectors on high-end power supplies). In most cases the power supply wires for the 4-pin Molex connectors are 18 AWG, though there are cases, especially for adapters or extenders where even cheaper 22 AWG wires are being used.
If the maximum power draw for a video card over the 12V line of a PCI-E slot is 5.5A (66W) then even a 22 AWG wire rated at 6 Amps should be enough. It should, but only if you connect only one such 4-pin Molex power connector to a line going to the power supply. That is rarely the case however as power supplies normally have a couple such 4-pin Molex connectors on single line going to the power supply and that goes over a 18 AWG wires. In order to be safe a maximum two PCI-E extenders should be powered by such cables to stay within specs or at least close to them, but people often use three or even four of these connected and that can lead to cables overheating and melting or even burning and damaging your expensive mining hardware as a result.
Normally with video cards that have external PCI-E power connector the maximum of 66W over the PCI-E slot is never reached, it will be more like up to 30-40W for example (or less), though there are exceptions as well – the reference design Radeon RX 480 GPUs. Even at 40W if you connect three or four of the 4-pin Molex power connectors that use a single cable line to the power supply, then you will still be over the maximum rating of the cables. What happens is the cables starting to heat up and as a result they may even melt and short out and that can do things like start a fire, damage your video cards, motherboard or power supply etc.
The easiest way to discover such a problem is to just touch the power cables a few minutes after you have the mining rig up and mining, so that it is under heavy load and using a lot of power. Cables that are hotter to the touch than the others are probably near or over their limit and you should think of a way to reduce the power draw over the specific power line to the PSU. If you have a thermal camera you can just take an image like the one above and see the problem clearly and diagnose which cable might be overloaded and do something about it. But even if you don’t have extra tools to assist you, even just touching and noticing a hotter cable can be enough to find an issue with the power distribution of your mining rig. Do not overlook possible issues like that as later on they may cause you serious headaches and even cost you a significant amount of money, taking you on the red, instead of you actually making profit from mining.
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