Bitcoin Hash Rate Down 10% after Mining Difficulty ...
BitcoinCash Hashrate Chart CoinWarz
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Coinviva BTC-USD Hourly Chart The Bitcoin had rally last week that went from $8,600 to $9,722 before settling at around $9,500. It formed a lower high compared to the previous peak at $10,045 the week before, signaling a potential reversal of the bullish trend related to the Bitcoin halving event. If there is not enough buying power to push the BTC price above $10,000 next week, it could potentially test the support at $9,100 before bouncing back to the $9,200 to $9,600 range. Watch for an entry signal if the price breaks below the support level (lower Keltner band) as indicated in the hourly chart.
Review of the week:
Although Bitcoin‘s price has bounced back in this week after halving on Monday, Bitcoin network hashrate (the total computing power dedicated to mining blocks on the blockchain) has declined to 98 EH/s, compared 135 EH/s before Monday. The decline in the hashrate suggests some miners have scaled back or shut down operations following the halving of block rewards from 12.5 BTC to 6.25 BTC, which makes returning a profit harder or impossible with older mining machines (depending on the price). The mean block interval time rose to 727 seconds or 12 minutes from 8.5 minutes in pre-halving period. Edward Moya, senior market analyst at OANDA in New York said there’s going to be pressure for Bitcoin in the short term because the incentive is less for miners now to mine bitcoin and they will probably switch to more profitable cryptocurrencies. However, in a longer-term, with all the fiscal and monetary stimulus that’s being pumped into the global economy, there’s renewed interest from institutional traders looking for alternatives to modern government-backed currencies. A recent research paper examined the relationship between Bitcoin, global economic activity, equity markets, and foreign exchange markets, while also concluded that Bitcoin does not exhibit any significant relationship with economic activity (BDI), equity markets (DJIA) or the foreign exchange (USD-Euro, USD-Yen) markets in either bullish or bearish regimes. It suggested that Bitcoin may offer some hedging to diversification potential in the global portfolio investments. Disclaimer: The above market commentary is based on technical analysis using historical pricing data, and is for reference only. It does not serve as investment or trading advice.
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[WP] A brave new world or 1984 esque society where money is banned.
A brave new world or 1984 esque society where money is banned. There is also the fact that Bitcoin is not a currency per se and can therefore not be used to transfer funds between people. Instead, the currency is used to create a decentralized network of computers that are used to maintain Bitcoin. The network has two main functions; to process transactions between wallets on the network and to secure the network. The transaction network is also used to create and destroy new Bitcoins. Every transaction, whether it is to buy or sell Bitcoins, is entered into the network by users who are called "miners." Miners, in turn, are rewarded with Bitcoins for running these computers. As a result, the Bitcoin network's hashrate (the number of computers that are running) increases. Because of this, miners are able to create Bitcoins faster than the network can process them, causing a price increase. Miners can also sell their Bitcoins for cash or to other miners. The currency is also used to purchase goods and services on the Bitcoin network. The value of Bitcoins fluctuates as a result of the price they are trading for and the amount of time it takes to process transactions. The most recent Bitcoin price increase, as of March, 2014, was about 11 percent. This increase in value has led people to speculate on whether the currency will ultimately be devalued as more users begin to use it in transactions. What are the possible uses for Bitcoin? The biggest potential for Bitcoin is as a means of payment. It is a completely decentralized currency. Users can use it to purchase anything through an online store, such as a pizza, for example. The only thing that matters is that the transaction is processed on the Bitcoin network, not the store. People have begun to use Bitcoin as an alternative to cash. The value of a bitcoin is related to the currency exchange rate so the more people use Bitcoin, the more its value increases as a currency. What is the danger of Bitcoin? Bitcoin has some potential risks. One of the most prominent of them is that it is not backed by any government or central bank, so if it fails to gain widespread use, it could be worthless. Another risk is that Bitcoin can be stolen. Since Bitcoin is not a currency, it's not backed by anything but the trust of the network. Since there is no one to be held accountable, anyone can essentially create Bitcoins with the intent to sell them at a higher price, but this is a risk to consider. Another risk is that,
https://preview.redd.it/z7rzhmuga2x31.jpg?width=720&format=pjpg&auto=webp&s=a4220a1b806a59cdf2481d3f09b9f173b7a4fe27 China’s state planner, the National Development and Reform Commission (NDRC), has reportedly removed Bitcoin (BTC) mining from the list of industries that might be eliminated. Cryptocurrency mining has not been included in the finalized catalog for Guiding Industry Restructuring that will take effect from Jan 1, 2020, per Coindesk. The catalog was published today. As reported in April, the Commission was seeking public opinions whether Bitcoin mining should be immediately banned. Bitcoin mining was included in a draft list of industrial activities the agency was seeking to stop, as they did not adhere to relevant laws and regulations, were unsafe, wasted resources or polluted the environment. In either case, despite all efforts to push Bitcoin miners out of the country, Bitcoin mining was never officially illegal in China. Su Zhu, CEO of Singapore-based investment management firm Three Arrows Capital, reacted by saying that he wouldn't be surprised if "mining becomes designated a strategically important activity at some [point]." The announcement today comes hot on the heels of the recent urge by China’s President Xi Jinping to accelerate the development of blockchain technology due to its importance "in the new round of technological innovation and industrial transformation" of China. Chinese miners are already major players in the Bitcoin mining industry. For example, at the time of writing, four largest mining pools (Poolin, BTC.Com, F2Pool and AntPool) are from China and hold almost 63% of the Bitcoin network hashrate, which essentially measures how much computing power is needed to maintain the network. Bitcoin hashrate distribution https://preview.redd.it/76to2sb9r3x31.png?width=720&format=png&auto=webp&s=7279160fa38127eab289315c02aab9f4b2228d93 In either case, there are concerns that China holds more influence over Bitcoin than many are ready to admit. China "threatens the security, stability, and viability of Bitcoin” with its “political and economic control over domestic [cryptocurrency] activity, and control over its internet infrastructure,” a study, published in October 2018, from Princeton and Florida International Universities claimed. "In theory it's possible for a government to launch a 51% attack. If a government like the US or China decided they wanted to hurt Bitcoin, they could either rapidly shut down a lot of mining power so that they control a majority of what's left, or they could deploy new hashpower that takes over the network," Prof. Matthew Green of John Hopkins University told Cryptonews.com earlier this year. However, he doesn't regard a 51% attack on Bitcoin as especially likely though, due to the enormous expense involved. "The thing to keep in mind is that 51% attacks, while they're terrible and undermine confidence, basically just allow double spending," says Green. "This is really bad for merchants and exchanges, and in the long run it could make Bitcoin unusable. But it doesn't allow the attacker to, say, steal everyone's coins. And the cost of a rollback goes up as you go farther back in time." Meanwhile, in 2018, articles from influential state-run Chinese media outlets signaled that further crackdowns could be launched to force out remaining cryptocurrency trading and mining activities from the country. However, until now, miners have shown a surprising resilience. Nonetheless, many of those mining companies were looking to relocate to more favorable locations overseas such as Iceland, Canada, and the US, to name a few. At pixel time (07:11 UTC), BTC trades at c. USD 9,410 and is up by 1.45% in the past 24 hours and by 1.47% in the past week.
Hi Guys, After witnessing a lot of shit posts with people complaining about why Charlie didnt say "this or that" about Litecoin, i wanted to break down what the REAL problem with Litecoin is. It is you, the misinformed. Here are a few points of discussion you should google and fully wrap your head around, before spreading more cancerous misinformed complaints:
"litecoin is silver to bitcoins gold" , this is Charlies vision, if you do not like it...then fucking leave. Please do some fucking research before buying into something. Or go buy some scammy shit like Dash
"bitcoin is more secure than litecoin" , well because maybe it is? Try researching about the network hashrate of bitcoin and wrap your fucking heads around how much larger it is than the rest of crypto combined. Also, he said this comment from a techie perspective.
people complaining about litecoin being set up to be "beta" to bitcoins "alpha" have to really understand bitcoins network hashrate. The amount of fucking electricity and resources that are supporting it are IMMENSE.
NO COIN IS EVEN FUCKING CLOSE A month ago, there were tons of fucktards giggling about how ETH would overtake bitcoin but just couldnt wrap their heads around this idea of network hash rate.
Anyone complaining about the PR just doesnt fucking get it. Decentralized currency isnt a fucking corporation. If this bothers you, then go buy the next scammy ICO or Dash. Otherwise, try to use google and read up on this shit and use your fucking brains
some of you fucking cunts might be surprised to see how large Litecoins network hash is vs other coins, go look it up. (Hint: this is the reason why i strongly believe in this project)
fuck you if you downvote this, i will have the last laugh when you lose the shirt off your back
[[ 155PH/s ]] [[ 2.4% ]] Bitcoin Cash hashrate update @ 3:14 PM UTC Aug 1, 2017
Figures reported as of 8:12 PM UTC Aug 1, 2017
Bitcoin Cash currently has 245 PH/s ( 3.8 %)
(Congrats! We have mined 4 blocks so far on the cash chain! We are free! Difficulty will start to lower in 2 more blocks)
Bitcoin.com: 29 PH/s ViaBTC: 216 PH/s ----------------------------------------- TOTAL BITCOIN CASH HASHRATE: 245 PH/s TOTAL BITCOIN NETWORK HASHRATE: 6414 PH/s (around time of fork) BITCOIN CASH PERCENTAGE: 3.9 %
These figures were drawn from: https://pool.viabtc.com/ https://console.pool.bitcoin.com/ Note: There are also likely solo miners that we are unaware of (there is no way to track their hashrate). Are there any other pools that we can add to the figure? Please post them in comments if you know of any.
I will update this post every 1-2 hours.
Record: 3:14 PM UTC Aug 1, 2017: 155 PH/s (2.4%) 3:26 PM UTC Aug 1, 2017: 162 PH/s (2.5%) 4:43 PM UTC Aug 1, 2017: 212 PH/s (3.3%) 7:09 PM UTC Aug 1, 2017: 247 PH/s (3.9 %) 8:12 PM UTC Aug 1, 2017: 245 PH/s (3.8 %)
Difficult to fundraise $3 000? Let's collect easily $5 000 000 a year! DOGECOIN 2.0 ideation.
Decentralization and democratization. Doge 4 Family House fundraising is struggling to raise Ð1,500,000. Where the heck are 110,000,000,000 dogecoins? Fundraiser asks for only 1 dogecoin in 73333. What is going wrong? As of today, yearly mined dogecoins are worth around 5 million USD! Why so difficult to gather just $3 thousand? I've joined dogecoin community around half a year after dogecoins' birth, i.e. it was too late to mine with a home computer as asics were coming into the market. Asics and merged mining with litecoin centralized dogecoin and took away a lot of fun from average shibies and reserved this space for rather rich people or mining enterprises, huge warehouses filled with electronic equipment doing nothing important for humanity - wasteful calculations. What are asics? They are specialized chips able to quickly solve a very narrow class of problems. Apart of mining, asics designed for mining can only be used as heaters or collectibles. While mining, they solve meaningless problems. There is no use of these computations apart of creating dogecoins, litecoins or bitcoins. Daily electricity usage (only bitcoin network) exceeds 1 million USD daily. The cost of equipment to match bitcoin network hashrate I have estimated to cost currently between 100 and 500 million USD. If dogecoin would be valued close to 1Ð = 1$, dogecoin mining network would be as costly and seeping as much electricity. All these money and resources for garbage calculations. This is basically wrong. As I was unable to mine, I have bought some dogecoins on the market. I won some in design competitions here on reddit/dogecoin, I tipped and I've been tipped quite a lot. I gave up tobacco in favour of electric cigs and doing other similar savings and altogether I have collected close to one million dogecoins. Well, over 90 000 left in dogetipbot were burnt in 'Wow Such Business' by Mohland, some disappeared on some websites that... disappeared. My bad. Last month I decided to review my 'investments'. I have sold most of my dogecoins I had left in my wallet and Shibe Poker site and bought some other coins, especially gridcoins. As an investment - I could point to some other coins that seem to have higher potential to bring a good return. But I like Gridcoin Research. This coin is based on mixed Proof of Stake and Proof of Research. The latter one is basically a variant of Proof of Work. Now it's almost a week since I've started mining cryptocurrency for the first time in my life! And it's quite exciting. Preliminary estimations show that I won't make any good return on mining gridcoin. Electricity here is expensive. Buying and holding - if it would take off 'to the moon' one day - would be much more profitable. Return will roughly cover only mining electricity costs (or not fully), at least in my case. But! But I like it! I can be a part of the system, unlike in dogecoin nowadays. I take part in scientific research. Years ago I had a special screensaver and my AMD Athlon desktop was crunching numbers for [email protected] project. Now I can continue this project or start any other ranging from mathematical problems to mapping new territories in our bodies, from discovering the shape of our Milky Way to finding cures for illnesses. While Dogecoin is aiming for the Moon, Gridcoin is reaching far further away (from asteroids, through Milky Way to distant galaxies) and far closer (researching our own genome, gut bacteria, Zika cure, treatment for common childhood cancers). Mining power of our home computers that is meaningful for humanity. Which is Wow? Much amaze? So science!
Here goes my proposal for DOGECOIN 2.0. It's only ideation, I know it would need a huge amount of work and it would be difficult, but first we need a direction and then we can research feasibility. 1) Migration from Proof of Work to Proof of Stake + Proof of Research (or other useful Proof of Work that is non Asic based) = taking new coins from whales only back to community, empowering shibes. Surely, those who are cleverer, working harder, can and want to invest more money will get higher share is rewards. At least their mining rigs would do a meaningful job and average John Doe will be still relevant with his all purpose desktop computer. 2) Reward scheme. There is 5 billion extra supply a year plus mining fees. For simplicity I will assume just for this draft there is 5 billion coins to share but in more detailed plan we should add mining fees, too. 2a) 20% (1 billion Ð ~ 2 million $) for Non Profit. A list of eligible organizations / projects would be proposed, voted and whitelisted. 2b) 1% (50 million Ð ~ 100 thousand $) for DEV fund 2c) 1% (50 million Ð ~ 100 thousand $) for Dogecoin Foundation (marketing, maintaining list of non profit projects and checking those projects - or it could be part of 2a) above 2d) 39% (1.75 billion Ð) for Proof of Stake (interest) 2e) 39% (1.75 billion Ð) for Proof of Work (non Asic - like gridcoins' Proof of Research) (mining) Coins collected as fees should be assigned proportionately or some other way to above funds. Would dogecoin reach current litecoin market cap, above sums would reach $20 million/year for non profit projects, $1 million/year for development etc. At some point shares could be adjusted.
Inflation, or more precisely dogecoin supply growth which is 5 billion a year, or currently less than 5% a year is by some shibes regarded as a brake for market value growth. It was discussed several times.
Current total supply means there is in existence only ~15 dogecoins per living human
How much gold is in possession of humans? Estimates start from 155 000 tonnes. This gives lower number of at least 20g per person. Current value of 20g gold bar is $861.
Many other coins have currently higher supply growth and still higher market capitalization
Extra supply can help in dogecoin redistribution and adoption = growth in value.
There seems nothing fundamentally wrong with keeping current supply growth rate as it is.
Due to excellent job devs are doing I have retrieved some coins from dogeparty. Just quote ‘Much Humanity, So Earth, Such Fun’ in your reply to get a tip. Over 1000 dogecoins from my retrieved dogeparty funds are up for grabs!
Such a huge change could cause a hard fork with both forks alive, i.e. old and new dogecoins would coexist. Is it something to be afraid of? As recent story of Bitcoin and Bitcoin Cash shows, such a scenario is possible, what is more - does not effect badly either new or old fork. Thus I would take it a step further and deliberately leave old dogecoin and start a new one. Proposed changes would bring back decentralization and democratization and empower community, allow collect easily substantial amounts of money for non profit projects, secure development and potentially put into good use thousands to millions of our home computers. I expect this would lead to greater adoption and rise in value - for those looking to 1Ð = 1$. If Dogecoin 1.0 was aiming To The Moon, for Dogecoin 2.0 let's aim For Humanity, For Earth, For Fun!
Giveaway ended. Final remarks.
It seems at the end sodogetip or dogecoin network couldn't cope with sending coins even though balance is still big enough and some errors occurred. such error: currency4world's balance must wait for pending tips to be confirmed before sending this tip amount [help] Might try to resend later or it might clear itself.djgeki noticed I wrote veify instead verify and confused bot ;)
Disappointed there was no discussion about my ideas.
Disappointed by GoodShibe patronizing comments and no value added to discussion
Post was many times downvoted - thanks to all who upvoted - it's at +2 at the moment
Is it worthwhile to be engaged in the mining of bitcoin in 2018?
Many people engaged in mining and bought from the trading shelves of the video card, against the background of the rapid growth of bitcoin in 2017. People could not buy special ASIC-miners even by prior order. But what to do today, when bitcoin is not happy with its price the last six months? The mining market will continue to develop this year. It is enough to look at the bitcoin network hashrate timetable to make sure the industry develops. So from January to June, the bitcoins get more than doubled from 15 to 36 execs per second. Another confirmation of the prospect of mining is the multimillion-dollar investment in the industry. Japanese Internet giant GMO Internet Group spent $ 320 million on its own farm and has already extracted over 900 bitcoins on it. According to estimations of large market players for the mining of one bitcoin goes from 6 to 7 thousand dollars. A typical miner needs to carry out an individual calculation. Take into account the complexity of production and predict its change, choose a mining pool and calculate the commission and electricity costs. Comparing these parameters, you need to make a conclusion about how much to invest in equipment for mining, and how quickly investments will make a profit. With the current complexity of the network, the cost of equipment and the price of electricity, it is not worth waiting for fast super-profits. Return on investment is from 8 months to a year and a half.
Deeper dive on government shutting down Bitcoin thought experiment.
What if there were a terror attack like 9/11 financed with cryptocurrency or the US government decided that the risks to financial surveillance and tax collection posed by cryptocurrency was so high that it decided to launch a war against cryptocurrency like its war against drugs or radical Islam and was willing to spend upwards of a trillion dollars over the next several years to combat it? Couldn’t they just mount 51% attacks on every current and future cryptocurrency and freeze all transactions? For example, ballpark figures to duplicate current Bitcoin network hashrate would be $600 million equipment cost and $5 million per day electricity cost. Might a response be to create niche, private, “underground” non open source, restricted access cryptocurrencies? Could these gather enough network effect to have any utility without being vulnerable to attack?
Bitmain Approaching 51% of Total Bitcoin Network Hashrate
Bitcoin Mining giant Bitmain has mined 42% of all Bitcoin blocks this past week, steadily moving closer to controlling a majority 51% of th network hash rate. Bitmain Moves Closer to 51% ASIC manufacturer and cryptocurrency mining giant Bitmain — claimed 42% of the total blocks found on the Bitcoin network from the past week. BTC.com and AntPool, which are both owned by Bitmain, currently comprise 26.6% and 15.3% of the network hash rate, respectively. https://www.coingdp.com/news/bitmain-approaching-51-of-total-bitcoin-network-hashrate
[uncensored-r/Bitcoin] Simple proof this is a coordinated attack against Bitcoin
The following post by yooooooolo is being replicated because the post has been silently removed and some comments within it have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7cctoc The original post's content was as follows:
NOTE for CPU mining: The default CpuMiner-Opt binary has been changed to the sse2-version that is compatible with more systems. To change, please refer to the CPU mining guide on the Awesome Miner help pages.
Adjust to Zpool SHA-3 (Keccak) profit reporting change
Cast XMR Miner 0.8
Removed flickering in View Details dialog
Correction to benchmarking feature when custom exe-file is specified for CpuMiner-Opt
Correction to Awesome Miner API method for executing rules
NOTE for Managed profit switching: For zpool, Hash Refinery and GranatGas pools, the default is now to append c=BTC to select Bitcoin payouts. To disable, go to the Options dialog, Profit Switching section.
Select all/none buttons for Benchmark dialog
Correction to DSTM API for specific device values
Antminer API Access automatic configuration will only trigger if miner has been in restricted mode more than once within a time period
Correction to statistics triggers on External Miners
Correction to application slow response under certain conditions
Cast XMR miner supported as Managed Miner
New settings for wait time before terminating mining software and delay for auto starting miners on bootup
Command line and custom exe-file configurable per Managed Profit Miner
Remove miner added to context menu in miner list
South African Rand added as display currency
E-mail configuration includes a button for sending a test message
Disabled Blake2b (sia) on Ccminer
Correction to Wallet balance list
Correction to benchmarking
Claymore Ethereum Miner 10.2
Adjusts to new the zpool SHA-256 profit reporting
Correction to the pool list for DSTM Zcash miner when running as External Miner
Correction to pool change operation on Claymore Zcash miner running as Managed Miner
XMR-Stak miner can be monitored as an External Miner
More flexible configuration of Block Explorers for the wallet balance feature to support more coins. Bitcoin Cash, Bitcoin Gold and Ethereum Classic are now supported by default.
Correction to profit threshold feature
Profit switcher can be configured with a threshold to not make a switch on small profit improvements
Configurable to display Antminer chip temperature in the miner list
Configurable to display average temperature in the miner list
Added feature to faster find a miner in the list, via the new Find toolbar
Command line parameters configurable per pool for the profit switcher in the Options dialog, Online Services section.
A miner group can be defined as the default group for adding new miners
Network scan for External Miners will only consider IP address, not port, to identify if it's a new miner
DSTM Zcash Cuda Miner supported
Correction to Offline Detection of Managed Miners
Notifications via Telegram using Cloud Services
Support variables in notifications messages and Webhooks, to provide dynamic information based on the miner that triggered the notification. See Notifications help page on the web site for details.
New Rule action to apply a Managed Template to one or more miners
Filtering of miners in the Options dialog to faster find a specific miner by name. Filtering also supported when applying Managed Templates.
Show IP address of the selected miner in the Summary tab
Correction to Performance History when generating reports including both daylight saving time and standard time
Correction to Bitcoin network hashrate
Increase from 5 to 7 customizable coins with exchange rates in the status bar
Awesome Miner API includes ASIC miner hardware type in response
Added New Zealand dollar as display currency
Adjust to recent change for Zpool Scrypt, where profitability is specified in TH/s instead of GH/s
Adjust to recent change for Nicehash Scrypt and Lyra2REv2, where profitability is specified in TH/s instead of GH/s
Correction to profit switcher dual mining scenario where it could crash on some configurations.
Version 4.1 IMPORTANT: CcMiner 2.2.2 requires nVidia Drivers 384.xx or later for Cuda9 support.
GPU Clocking profiles configurable per Profit profile and per algorithm for the profit switcher
Set worker name and wallet address per Managed Profit Miner when using custom pools with the profit switcher
View profit switching decisions for External Profit Switcher in View Details dialog
Configurable pause time between stop and start of mining software by the profit switcher, via Options dialog Advanced section.
Added GranatGas and HashRefinery to the profit switcher
Pool configuration via built-in web interface (disabled by default)
Pool permissions configurable per user group
Worker name for pools can use alias [ComputerName] to be replaced by the name of the computer running the mining
Webhook can be customized per notification action, to override global webhook settings
Added pool setting to ignore worker name specified on miner
New setting to include revenue per month in group summary in Miners tab
Notifications and rules
Notification operations available for non administrators via the built-in web interface, only operating on the notifications for the specific user
New action to set Antminer default pools
New trigger to detect low device count for a miner, to find out when a GPU is missing
New trigger to detect low fan speed, to find failing GPU fans
The trigger for detecting pool URL can also match a specified worker name
Show more devices temperatures in the Status column
Show Bitcoin values with more decimals when needed
Filter Online Services based on selection of Profit Profile
Hyperbit BWL21 ASIC miner support
Ethminer (nVidia) can be monitored as External Miner by selecting Claymore Ethereum Miner as software
New provider for exchange rates for the local currencies
Claymore Ethereum Miner 10.1
Correction to the profit switcher, Coinwarz API, GPU clocking configuration, e-mail sending performance and a several minor corrections
Increase the number of characters allowed for Webhooks
Number of restart attempts for a crashed miner is made configurable in Advanced section of Options dialog
Include hostname in API response for miners
Correction to the multi-user configuration in the Security section of the Options dialog
Correction to Block explorer for Litecoin
Added scrolling to Options dialog, for low resolution displays or large font sizes on some Windows languages
Workaround for toolbar display issue when using Windows in Korean language
Several minor corrections
New setting for configuring and enforcing an API key for the Awesome Miner HTTP API
Claymore CryptoNight GPU Miner 10.2
Corrections to algorithm launch parameters for some mining software
Improved branding support of Awesome Miner
Awesome Miner API introduces a new method for getting the same summary information as being displayed on the dashboard
Awesome Miner API methods supports filtering the responses to only include information that the specified user is allowed to see
Several minor corrections
Antminer D3 supported
Support IP address variables in the Worker name field of the Pool Properties.
Added Philippine Peso as display currency
Better support for CpuMinerOpt by adding the possibility to specify exe-file name of the mining software. Some CPU types requires instruction sets provided by a different CpuMinerOpt executable.
Remote Agent icon can be configured to be hidden
Improvements to profit switcher, including a history of previous profit switching decisions in the View Details dialog
Added Japanese Yen as display currency
Several corrections, including use of new Blockchain API to show BTC balance
Awesome Miner Cloud Services
Cloud Services is an optional subscription service that adds additional features to Awesome Miner
Web interface hosted in the cloud. All monitoring statistics are pushed to the cloud by Awesome Miner and can be accessed from any computer, tablet or smart phone.
Mining operations can also be controlled via the cloud without any firewall configuration
SMS notifications, send SMS as rule action and send SMS manually
Listen to Awesome Miner heart beat and send a notification if missing
Multiple instances of Awesome Miner can all send data to the cloud, and each site can be individually viewed from the Cloud web interface
More flexible algorithm configuration. New algorithms can be defined by user and configured for each mining software.
More flexible Online Service configuration
Managed Software can be added and used by both Managed Miners and by the Managed Profit Switcher. Define custom command line arguments for new algorithms per mining software.
GPU clocking profiles can be defined and automatically applied when a Managed Miner is starting and/or stopping. Works without any dependencies on the mining software being used.
New algorithms and coins added
Display Claymore miner invalid shares as HW errors
Ccminer 2.2 replaces older Ccminer SP-mod
Claymore Ethereum Miner 10.0 (changes GPU order - may require updates to 'Map to system monitoring' in Awesome Miner)
Claymore Zcash Miner 12.6
iBeLink fully supported with temperature
Antminer R1-LTC hashrate correction
Better detection of Antminer types in the network scanner
Benchmarking of algorithm hashrates
Profit switching improvements, including configuration to disable individual algorithms per pool and separate dual mining hashrates
Managed Profit Miners can be configured with environment settings like Managed Miners, where window mode and processor settings can be defined.
Managed Profit Miners can override global worker names for default profit switching pools
Better support for multi-algorithm coins like Digibyte
Configurable to use current or 24 hour statistics for profit switching and profit display
The coins listed with exchange rate in the statusbar can be customized
Added 6 more currencies, to support display in local currencies for more countries
Moved e-mail server configuration to a separate section in the Options dialog
Add user defined WhatToMine coins not listed in the main API
Window glass mode can be configured
Rules, integration and configuration
New HTTP API's: Perform operations on a single notification. Includes Group Id information for miners. Get list of Managed Templates and apply templates to a miner.
Custom e-mail address can be set for a notification action, to override the global e-mail address to send notifications to
Rule triggers to detect when the computer is idle and used, to support start of mining when the computer is idle
Rule action to execute command (any application) on remote miner and also access the the remote execute feature from the System tab
Execute action can use the variable [Host] for the parameters, to launch external applications with the hostname/ip of the miner as a command line argument.
Web interface includes secondary hashrate if available, coin information in smart phone mode and corrections to notification display in multi-user environments
Both worker name and password field can use variables [IP1], [IP2], [IP3], [IP4] to replace with IP address segments for External Miners
SSL configuration for built-in web interface
Webhooks as notification target and rule action
Corrections to SMTP library to support Office 365 accounts
Correction of Block Explorer request for zcash for the Balance feature
Adjusted for new hashrate reporting on some algorithms at Nicehash and zpool
Letter to Andrew Demeter Potential Myriad Podcast Host.
I'm getting ready to send this recruitment note out to my first choice candidate as host---- I'm trying to get in touch with Andrew Demeter. I'm writing on behalf of the cryptocurrency community of Myriad. We are a fast growing, very active community for which we're in the process of establishing a short weekly podcast for. The plan presently is a micro-podcast that focuses mainly on Myriad's community projects placed within an established podcast w/ a relevant audience. This we hope will give outsiders a glimpse into the decentralized development and community. Presently we're trying to identify the perfect personality to represent the community which is why I'm reaching out to Andrew. After seeing Nancy P stumped by Andrew's simple but powerful question then seeing an interview of his on Anarachast, I personally feel what Myriad is aiming to accomplish would resonant with Andrew's political leanings. So in a nutshell I'm hoping to recruit Andrew to be the voice of our community. We're planning to setup a bounty for this service, so there would be some compensation involved, although right now it would be difficult to project what that would be in a dollar amount. To give some background on Myriad. It's a cryptocurrency much like Bitcoin with an important innovation that ensures decentralization. You might be familiar w/ the recent issues w/ the mining pool Ghash.io having more than 50% of the bitcoin network's hashrate. The 51% double-spend attack has long been the theoretical achilles heel of cryptos that use one algorithm in securing its blockchain (public ledger). There's a lot of speculation regarding whether a double-spend attack would actually ever occur or not, but regardless for many the continued trend of centralization is troubling. Myriad's approach to securing its blockchain helps solve this issue. Instead of using one algorithm Myriad uses 5 concurrently to secure its blockchain. This allows for an array of hardware types to process transaction. For example, a miner using an Application Specific Integrated Circuit (known as ASICs) can mine alongside an average joe, using the cpu of his desktop, on a level playing field since they're not actually competing against each other for block rewards. This allows for a more robust and decentralized network. (Andreas Antonopoulos explaining Myriad https://www.youtube.com/watch?v=s3j5jlB0mmQ&feature=youtu.be&t=1h21m43s) Presently as far as price and marketcap Myriad is flying mostly under the radar. Nevertheless, Myriad is one of the few coins that has important features that presently only coins like Bitcoin have (i.e. Electrum wallet, SMS wallet, color-coin metalayer). If there's any interest on Andrew's part in this project or if there's any questions have him drop by Myriad's reddit page. http://www.reddit.com/myriadcoin/ Best regards!
Here's hoping for a bitcoin network hashrate drop so considerable that it leaves the S9 and similar ASIC miners undervalued and all those a**holes that bought up all the miners just to turn around and sell them for double and triple the price, are left with undervalued stock and have to eat their profits.... lol Then I'll just buy a few and mine some easy BTC ;)
Mining-Hashrate ist eine wichtige Sicherheitsmetrik. Je mehr Hashing (Rechenleistung) im Netzwerk vorhanden ist, desto größer ist die Sicherheit und die allgemeine Widerstandsfähigkeit gegen Angriffe. Obwohl die genaue Hashing-Leistung von Bitcoin nicht bekannt ist, kann sie anhand der Anzahl der abgebauten Blöcke und der aktuellen Blockschwierigkeiten geschätzt werden. The BitcoinCash network hashrate chart can be used to visualize BitcoinCash mining hashrate increases and decreases viewable in segment options of daily, weekly, monthly, 3 months, 6 months, 1 year, 3 years, and all time. As 1 watt is equal to 1 joule/s, this measure can also be expressed as J/Ghash, or joules per 1 billion hashes. Bitcoin network hash rate. The hash/s is also used in calculations of the Bitcoin network's overall hash rate. Because each miner or mining pool only relays a solved block to the network, the overall hash rate of the network is calculated based on the time between blocks. While not ... The Litecoin network hashrate chart can be used to visualize Litecoin mining hashrate increases and decreases viewable in segment options of daily, weekly, monthly, 3 months, 6 months, 1 year, 3 years, and all time. The Bitcoin Hash rate--a measure of the amount of computation power channeled by miners to the network, is down 10 percent two days after the Bitcoin mining difficulty was increased by 3.62 percent on Oct 17. The Bitcoin Network Machine Often, the network hash rate falls whenever there is a positive readjustment.…
Does bitcoin hash rate Matter? Crypto Marketer Answers
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