Cryptocurrency mining explained in plain words: mining software and hardware reviews
including ASIC and GPU. Expert opinion on cryptocurrency market and future crypto mining
outlook.
Network statistics service is ready for all Ethash coins, Ethereum ProgPoW mining pool and voting, ZCL update, multiple coins are under 51% attack.Unfortunately, 51% attacks continue on Ethash (Dagger Hashimoto) coins. There is a chance of receiving Orphan blocks during these attacks -> less daily rewards. Our own good looking Ethereum Netstats service has been started. Ethereum community is busy with ProgPoW discussion and Constantinople upgrade.
ProgPoW is a mining algorithm designed by IfDefElse team as a PoW successor. The Ethereum community is currently considering implementing this algorithm on the Ethereum network. Below you will find our opinion on the matter.
When cryptocurrencies came along, everyone mined independently, otherwise known as solo mining. As competition increased, rig owners needed to team up; this is how mining pools emerged.
EWBF’s Cuda is one of the most popular cryptocurrency mining programs for Nvidia GPUs. The miner demonstrates solid results and allows one to mine Equihash-based coins. Also, it is regularly updated with the results posted on Bitcoin Talk. Let’s talk about EWBF’s special features and settings.
Ethereum Classic 51% Attack and Lucky Days on ETC, Akroma Failed Hardfork, ANON, and WhaleCoin Delisting Multiple 51% attacks on Ethash coins have happened at the beginning of January. The most significant was an attack on ETC blockchain. Later on, the attacker has probably returned the funds to the miners via abnormal transaction fees. ANON and WHL have been delisted from 2Miners. Few new coins are expected to be added very soon.
We’ve already noticed the problems with MOAC cryptocurrency network this month. Today there was a new 51% attack and we’ve performed a small investigation.
On the 25th of January, 2Miners team has delisted ANON coin. ANON developers have performed the hard fork on block 37 000. 10% dev team fee was included in the update – nonsense for a coin like that. Being the pool with the highest hashrate 2Miners was not earning any money from this coin. Conversely, 2Miners were losing some due to the expensive servers. On the 1st of February, one more coin would be delisted from 2Miners – WhaleCoin (WHL).