X11 Algorithm – ASIC Miners, Coins, Pool – BitcoinWiki

Hirocoin (HIRO) New home of GPU miners, X11 hashing algorithm

Soon Scrypt coins will only be mined by those in invest heavily. Hirocoin uses the X11 hashing solution by Evan Duffield. Creating an ASIC for X11 is going to be very complex making Hirocoin an ideal home for GPU miners.
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Bitcoin Marketing

The Bitcoin Marketing subreddit aims to bring together content creators, marketers, and subject matter experts in the Bitcoin community. This is a forum to discuss, strategize, and execute on projects that promote Bitcoin to a mainstream audience with messaging anchored to Bitcoin's key value propositions.
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Digital Currency for a Digital Age

[Digitalcoin](http://digitalcoin.tech/) is a diligently maintained cryptocurrency intent on market stability, making it ideal for commerce and saving. Possible changes to Digitalcoin's parameters can be implemented upon community rule.
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We Need to Talk - New Crypto Show has started.

Hi Crypto Enthusiasts,
I just wanted to notice that there is a new crypto show out there on youtube. The title of the show is "We Need to Talk".
Personally I think we need to talk more in crypto, because there are so many topics and so many open questions.
Please check out my channel, I just made 5 videos, but I think the quality is getting better and better.
Link to the Channel:
https://www.youtube.com/channel/UCnHWfRsg8JTlTCeJ6Gd50Tw
I made videos concerning Dash X11 Mining, Bitcoin Mining, the current sellout of the last days.
I plan to do a weekly special - a video of a rollercoaster simulation that drives the weekly bitcoin chart. (I hoper to finish first special episode today).
Please share your opinion and subscribe.
Thank you in advance
submitted by Sascha_HWEnthusiast to Crypto_General [link] [comments]

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन submitted by Rufflenator to 3bitcoins [link] [comments]

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन submitted by ososru to Bitcoin4free [link] [comments]

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन

Genesis Mining Buying Hash Power,HOW TO BUY NEW X11 DASH BITCOIN CONTARCT,Earn Daily With Proof,माइन submitted by Leka213 to CryptocurrencyToday [link] [comments]

05-14 10:13 - 'Dash is mined with x11. Mining is essential. Keeping coins idle is not. Most users don't.' by /u/acered24 removed from /r/Bitcoin within 253-263min

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Dash is mined with x11. Mining is essential. Keeping coins idle is not. Most users don't.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: acered24
submitted by removalbot to removalbot [link] [comments]

* Bitmain Antminer D3 ASIC Miner – Mines X11 – Dash Coin 2 Bitcoin W/ Nicehash

* Bitmain Antminer D3 ASIC Miner – Mines X11 – Dash Coin 2 Bitcoin W/ Nicehash submitted by Rufflenator to 3bitcoins [link] [comments]

* Bitmain Antminer D3 ASIC Miner – Mines X11 – Dash Coin 2 Bitcoin W/ Nicehash

* Bitmain Antminer D3 ASIC Miner – Mines X11 – Dash Coin 2 Bitcoin W/ Nicehash submitted by ososru to Bitcoin4free [link] [comments]

Bitcoin mentioned around Reddit: New DASH X11 Mining Contracts /r/GenesisMining

Bitcoin mentioned around Reddit: New DASH X11 Mining Contracts /GenesisMining submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Why isn't it possible to mine Scrypt or X11 or anything else except SHA256 on ASIC bitcoin mining rigs?

This might be a really dumb question, but it always bugged me and I could not find any factual explaination. What is the reason behind it? Is it software or hardware that is not compatible? Any othe reasons? Thanks in advance.
submitted by Lifipp to BitcoinMining [link] [comments]

Use Genesis mining promo code "mJcnzk" and get 3% discount When Register or Upgrade Your Hashpower For Any Contract ( Bitcoin - X11 - Litecoin - Ether - Monero ) and feel free to visit our website https://miningdiscounts.com to get our latest offers .

Use Genesis mining promo code submitted by moonblue907 to GenesisMiningCodes [link] [comments]

Use Genesis mining promo code "mJcnzk" and get 3% discount When Register or Upgrade Your Hashpower For Any Contract ( Bitcoin - X11 - Litecoin - Ether - Monero ) and feel free to visit our website https://miningdiscounts.com to get our latest offers .

Use Genesis mining promo code submitted by moonblue907 to GenesisMiningCodes [link] [comments]

Use Genesis mining promo code "mJcnzk" When Register or Upgrade Your Hashpower For Any Contract ( Bitcoin - X11 - Litecoin - Ether - Monero ) and feel free to visit our website https://miningdiscounts.com to get our latest offers

Use Genesis mining promo code submitted by moonblue907 to GenesisMiningCodes [link] [comments]

Use Genesis mining promo code "mJcnzk" When Register or Upgrade Your Hashpower For Any Contract ( Bitcoin - X11 - Litecoin - Ether - Monero ) and feel free to visit our website https://miningdiscounts.com to get our latest offers

Use Genesis mining promo code submitted by moonblue907 to GenesisMining [link] [comments]

Good morning guys! Do any of you have Genesis cloud mining? I'm doing some upgrades this week on my X11 use my code and il use yours back! qCnxiZ /r/Bitcoin

Good morning guys! Do any of you have Genesis cloud mining? I'm doing some upgrades this week on my X11 use my code and il use yours back! qCnxiZ /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Use Genesis mining promo code "mJcnzk" When Register or Upgrade Your Hashpower For Any Contract ( Bitcoin - X11 - Litecoin - Ether - Monero ) and feel free to visit our website https://miningdiscounts.com to get our latest offers

Use Genesis mining promo code submitted by moonblue907 to GenesisMining [link] [comments]

Use Genesis mining promo code "mJcnzk" When Register or Upgrade Your Hashpower For Any Contract ( Bitcoin - X11 - Litecoin - Ether - Monero ) and feel free to visit our website https://miningdiscounts.com to get our latest offers

Use Genesis mining promo code submitted by moonblue907 to GenesisMiningCodes [link] [comments]

Why isn't it possible to mine Scrypt or X11 or anything else except SHA256 on ASIC bitcoin mining rigs? /r/BitcoinMining

Why isn't it possible to mine Scrypt or X11 or anything else except SHA256 on ASIC bitcoin mining rigs? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Three suggestions for better boundaries between Monero and Tari

I write this as a multi-year Monero contributor to the subreddit, the CCS, and minor commits to both the CLI and GUI. However, my Reddit account is newish since I regularly delete my Reddit account every six months or so out of privacy concerns, so let my words in this post act as proof of my grasp of Monero and our community's values.
I have been increasingly confused by how intermingled the goals of Monero have become with Tari. Naturally, I could care less if someone wants to merge-mine with Monero. But last week we had dEBRUYNE, longtime excellent mod of this subreddit, break the subreddit's own rules to announce Tari's testnet. So naturally it feels like the Monero community is being invited to align itself with Tari, both alongside Tari's development and its eventual goals. Yet I don't feel like the Monero community is fully aware of how this conflation has the potential to degrade the purity of our community, so that's why I am writing this post today.
On the one hand you have Monero, perhaps the only pure cryptocurrency project left in the entire space. Bitcoin development has declined to a crawl. Yes, regular commits to its code happen all the time, but fundamentally they have become a traceable surveillance coin, and make no major efforts to change this. Greg Maxwell's Confidential Transactions are just sitting there on the shelf, waiting to be implemented. It's sad, really.
Thankfully, there is us. There is Monero. We have all of the benefits of Bitcoin in that we were fairly launched (no premine, founder's share, etc), are decentralized, PoW, and open source. Further our culture reflects the culture of Bitcoin's origins. There is no price talk in Monero. No memes. (Bitcoin's subreddit is overwhelmed with price memes, a harbinger of a dying coin.) Indeed, Monero's community is first passionate about the technology inside it. Some of the most upvoted posts in this sub are actual gd pull requests. So wonderful. I think back to how painfully long it took us to complete the GUI. So many of us were so focused on getting the CLI right that the GUI was delayed for (I think) almost two years.
There are precious few coins like that these days. Namecoin is a wonderful exception. Jeremy Rand's recent presentation on how Namecoin has been implented in the Tor-browser is perhaps the most exciting news in cryptoland all year. Unlike 95% of the burning crypto dumpster fire, people may soon actually use Namecoin, typing something like Monero.bit instead of a long difficult aasldkfasdlkfjadlkfj.onion address.
And then you have everybody else. 95% of the crypto garbage out there is fundamentally useless if not a straight up scam. Most of the stuff falls into 2 different camps of crap: (Crap 1) useless slick coins with massive marketing budgets, and (Crap 2) reskinned forks. 95% of the garbage out there cares first and foremost about how it appears on the surface, because: the first goal for most cryptos is not making something useful, it's making money. You can have a coin like Dash that "innovates" a PoW by stringing a bunch of hash functions together to make it's X11 algo, but since the wallet software itself impresses people, they don't care. Who cares if there is fundamental collision potential in X11 that could break the coin in a single block? Everything looks sliiick.
In short, you can tell if a cryptocurrency is healthy or not if its first goal is making money or making something useful.
Thankfully Tari does not seem to be as bad as 95% of the stuff out there. A cursory glance at their repo makes it seem like Fluffypony found talented devs who know their stuff. Further, I think the idea of merge-mining alongside Monero is quite smart. I am a huge fan of Tevador and hyc and the work they did on RandomX, so anything that champions their creation is welcome to me! My hope is we have dozens of merge-mined RandomX coins in the coming decades. Our hash rate will only increase, and the security of our chain will improve. Furthermore, I think Fluffypony himself is a guy with a lot of integrity, so I actually feel a degree of trust towards Tari that I wouldn't naturally feel.
The issue is Tari's goals. I say this dispassionately: I am uncertain if Tari's central goal is to make something useful or to make money. Here's an article in Blockchain News announcing Tari. In it, they describe what Tari's software will hopefully do:
in our digital world, these restrictions are unduly limiting for both businesses and consumers, making it costly, difficult, or impossible for digital assets to be resold or transferred,” the announcement stated. “For businesses, this means missing out on the tens of billions of dollars generated each year from secondary resale and trading of the digital goods they issue. For consumers, this means never having true ownership of their digital assets, despite having earned or paid for them.”
Sounds ok. Who wouldn't want the ability to trade scarce digital assets with programmed rules? I certainly would. However, farther down the page you have this:
... those involved with the project include John Pleasants, the former CEO of Ticketmaster and the venture firms Redpoint, Trinity Ventures, Canaan Partners, Slow Ventures, Aspect Ventures, DRW Ventures, Blockchain Capital, Pantera, and Multicoin Capital.
Here is where things get a little hairy, and why I am nervous about the pump-culture of crypto leaking into the tech-culture of Monero. Redpoint is a backer of the scammy gambling website Draft Kings. Blockchain Capital is a backer of Coinbase and Ripple. Pantera put up some of the cash that made ZCash happen. I don't know about you, but it makes me squirm a bit to see Tari's logo alongside ZCash and Ripple.
Naturally, the terms of their VC investments are somewhere in black and white, yet there is nothing anywhere on the Tari website about the emission schedule of the coin. In fact, unlike most VC backed crypto out there, Tari doesn't even list their investors. They used to list it in their FAQ as seen on archive.org, but have since removed it.
Monero is one of the most hopeful things in the world right now, and it has this special status for me because it cares first and foremost about the technology it is innovating. Decentralized private open-sourced cash. It's an incredible wonderful future that we're all making together. Nothing like Monero has ever existed. But it is more fragile than people realize. It can be slowly killed. This community can eventually become like Bitcoin, stuck in price-memes, if the culture gets sucked away from technology and into profit making.
Is it possible for Tari to accept VC money and be solely focused on the technology of a product? Theoretically, yes. But it's not easy. I've had to work with a few small Silicon Valley companies who also accepted VC cash, and returns to their shareholders were a constant source of pressure on them. Will it be for Tari? Monero needed many years to be awkward and small in order to strengthen itself to be the sizable functional coin it is today. Does Tari have this same patience, or will the VCs need payouts sooner than that? If Fluffypony's main goal in Tari is to help people trade digital assets then why didn't he simply launch Tari like Monero, free and open source (FOSS)? Namecoin is FOSS and merge-mined; it has no VC backers.
As a worst-case scenario, how long will it be before Tari is "given back to the community", as so many VC-inspired coins have done? Dead code repos all over the corners of cryptoland, discarded after the venture capital firms dumped their premine and took off. There are a lot of unanswered questions here.
In closing, I have three suggestions:
  1. Fluffypony should publish the emission schedule as soon as he can, so Tari’s fans can know if there is a premine/founders-share/etc. And perhaps be transparent about how their venture capital investors are being compensated.
  2. People here should think critically before they get involved Tari. It has a different ethos than Monero.
  3. Despite the Fluffypony connection, Rule #4 should be enforced, disallowing posts promoting merge-mined coins like Tari from this forum. If Tari is allowed in this forum, we need our moderators to be honest about whether or not they are investors in Tari and have a conflict of interest. That said, most mods are anonymous, so it's actually impossible to enforce this disclosure. So I guess just enforce Rule #4.
submitted by KierkegaardsGhost to Monero [link] [comments]

ACIS-mining and its 3 best algorithms

ACIS-mining and its 3 best algorithms
Hello. 👋🏻 Today we will tell you about ACIS-mining and its 3 best algorithms.
📌 With the advent of ASICs for mining, it became possible to mine Bitcoin in much larger quantities than using video cards. ASIC is an integrated circuit specialized to solve a specific problem, in our case, only for bitcoin mining. These schemes are many times more profitable than video cards, because with more power (hash calculation speed) they consume much less energy. This served as a good reason to create a cryptocurrency mining business.
📌 In bitcoin and other blockchain systems, the complexity of mining depends on how quickly the miners find the block. Compared with the GPU and CPU, specialized #ASIC miners solve #PoW puzzles better and are therefore able to quickly find new blocks.
📌 Since PoW is still the preferred mining consensus mechanism, we propose to take a multiple algorithm approach. Instead of trying to use algorithms which are ASIC resistant, we propose to use algorithms which have had ASIC miners for quite some time. These are: #SHA256, #Scrypt, and #X11.
🔹 The SHA-256 algorithm has a number of advantages over other information protection technologies. Over the years of use in the cryptocurrency industry, he has shown his resistance to various hacking attempts.
🔹 Scrypt is a cryptocurrency mining algorithm that was previously interesting to many single miners in view of its resistance to the so-called “hardware attack”. The speed of creating blocks in a Scrypt-based blockchain is about 30 seconds. The hashrate, like Ethash, is measured in Megahash per second. Scrypt, first of all, became popular due to its use in Litecoin #cryptocurrency.
🔹 X11 is an encryption algorithm in which eleven are used instead of one function. This means that this technology can provide a high degree of security, because in order to harm the system, an attacker will have to crack all 11 functions, which is very unlikely, because the changes made will be visible after breaking the first function, and developers will have a lot of time to protect the system before the hacker reaches the eleventh function.
Since these miners are already in wide use, the distribution of mining should be fair and even. Furthermore, the use of three different algorithms results in a far less chance of any single person gaining a majority hash rate share. Lastly, we use the Multishield difficulty adjustment algorithm to prevent difficulty spike issues resulting from burst mining.
Read more about PYRK mining solutions here: https://www.pyrk.org
Read our Whitepaper to know more about the project:
https://www.pyrk.org/Pyrk-Whitepaper.pdf
https://preview.redd.it/rxmlr7wt1k251.png?width=1200&format=png&auto=webp&s=162f9ddaacb3cf3e137638464a208bdf25e50a21
submitted by VS_community to pyrk [link] [comments]

PYRK ecosystem and its uniqueness

PYRK ecosystem and its uniqueness
Hi, everyone! 👋🏻 Today we will tell you a little bit about the PYRK ecosystem.
As many of you might know, blockchain ecosystems are the groups of actors who interact with one another within the world of blockchain and with the surrounding off-chain world. You can ask why do we need that? This is why.
First of all, it helps to build many technical and technological solutions. It provides an ability to build partnerships. Joining the network you’ll be able to enter the international market. And, of course, environmental development helps you to improve your business reputation and your status.
📌 PYRK is a privacy-centric cryptographic currency based on the work of Bitcoin, Dash, and Digibyte.
📌 Many modern cryptocurrencies use a single algorithm Proof-of-Work mechanism, which can lead to 51% attack avenues on currencies. Instead of trying to use algorithms which are ASIC resistant, we propose to use algorithms which have had ASIC miners for quite some time. These are: SHA256, Scrypt, and X11. Thus, there is a far less chance of any single person gaining a majority hash rate share.
📌 Moreover, PYRK uses the Multishield difficulty adjustment algorithm to prevent difficulty spike issues resulting from burst mining. MultiShield is designed to let the difficulty "fall" very fast, in order that the chain doesn't freeze.
💡 A future improvement planned for Pyrk is Simple Tokens. This is similar to the SLP (Simple Ledger Protocol) used by Bitcoin Cash.
💪🏻 As you can see, the system is growing and developing very fast. Become a part of our community! Take advantage of our inventive and growing ecosystem!
Check out PYRK website to know more about the project: https://www.pyrk.org
Read the Whitepaper to learn more about PYRK ecosystem: https://www.pyrk.org/Pyrk-Whitepaper.pdf
https://preview.redd.it/zdxbw99zpk051.png?width=1200&format=png&auto=webp&s=6f759439a58bcf5aaaad074dc20f870ce204dd05
submitted by VS_community to pyrk [link] [comments]

Proof-of-Work vs Proof-of-Stake algorithms and why PYRK uses PoW

Proof-of-Work vs Proof-of-Stake algorithms and why PYRK uses PoW
Hello, community! 👋🏻 In this post, we will tell you about Proof-of-Work and Proof-of-Stake algorithms and why PYRK uses PoW.
🔗 A large part of 2019 was discussed in the discussion of the pricing of the key digital assets, which slightly increased, slightly higher than before. 2020 began with the confirmation of the bullish trend, taking into account the increase in bitcoin in January at Z0%. At the same time, the process between Proof-of-Work and Proof-of-Stake (proof of share) did not complete. Emotional gain increased by the approximation of the Ethereum switch from the PoW protocol to the PoS protocol.
🔗 Coins with PoW support are mined in the sector, having a colossal share of 82.92% and a cumulative market capitalization of about $ 213, 5 billion. The predominance of market capitalization on PoW is ensured by the fact that the bitcoin dodu accounts for 65% of the total market capitalization of crypto assets. Its main advantages of PoW are protection against DoS attacks and the low impact of the miner’s cryptocurrency share on mining opportunities.
🏆 PYRK Proof-of-Work triple algorithm
✅ Since PoW is still the preferred mining consensus mechanism, PYRK proposes to take a multiple algorithm approach. Instead of trying to use algorithms which are ASIC resistant, we propose to use algorithms which have had ASIC miners for quite some time. These are: SHA256, Scrypt, and X11.
✅ Since these miners are already in wide use, the distribution of mining should be fair and even. Furthermore, the use of three different algorithms results in a far less chance of any single person gaining a majority hash rate share. Lastly, we use the Multishield difficulty adjustment algorithm to prevent difficulty spike issues resulting from burst mining.
✅ The idea of multi-algorithm originated in Digibyte. Splitting the mining into three different algorithms effectively splits the amount of work performed by each algorithm to 33% of the total network hashrate. This means that any pool or miner mining can only achieve 33% of the total hashrate even if they are mining 100% of the hash rate of a single algorithm. It is an exceedingly unlikely case that a single miner attains 100% of the hash rate of a single algorithm, especially as the number of miners and pools grow with the network. The triple algorithm approach helps to further protect the network from bad actors while also providing the preferred Proof-of-Work mechanism.
Read more about PYRK project and its Proof-of-Work triple algorithm in our Whitepaper: https://www.pyrk.org/Pyrk-Whitepaper.pdf
And on our website: https://www.pyrk.org
https://preview.redd.it/jmkjz2am47051.png?width=1200&format=png&auto=webp&s=8c4080d36769f7a953fdb436510e97b646e78d1d
submitted by VS_community to pyrk [link] [comments]

Genesis Mining X11 Granja para producir Bitcoin $7000 ASIC Miner Mined $1000 Dollars in Bitcoin in a Month  Spondoolies SPx36 Profitability Is Mining DASH X11 Still Worth It With Genesis Mining? Difficulty calculation. Mining Cryptocurrency Hardware vs. Genesis X11 Algorithm Cloud Mining Antminer D3 15GH Dash Miner X11 dashcoin mining ASIC miner Bitcoin биткоин Майнинг aliexpress

Calculate how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin $9,409.46 $58.25 $245.50 $66.18 $6.46 $72.61 $45.25 Follow @WhatToMine dark mode What To Mine After the implementation of SHA-256 (Bitcoin) ASIC and Scrypt ASICs (Litecoin); X11 was introduced in early 2014 to provide a more sustainable mining ecosystem for CPU & GPU miners. X11 was designed to be ASIC resistant. It is much complex than Bitcoin’s SHA-256 and it works by combining 11 different hashing algorithms (hence the number 11 in X11 Gost is an algorithm for mining cryptocurrency. The difference of X11 and X11 Gost is the process that inside the X11 chain there have been added special hash function called «Stribog». Stribog is built on the domestic Russian standard (GOST R 34.11-2012) approved by the Federal Security Service in Russia. Initially, X11 was created to overcome the drawbacks of the major cryptocurrency mining algorithms like SHA256 used by Bitcoin and Scrypt used by Litecoin or Dogecoin. The biggest drawback was that ASIC miners took over the mining industry for these cryptocurrencies making it centralized and computer-based mining did not worth performing it X11 is an algorithm for mining cryptocurrency which uses 11 different hash functions. X11 algorithm is more complicated than a SHA -256 in Bitcoin, which prevented the use of ASIC miners for a time. Review of X11, ASIC Miners, Mining Pools list and etc.

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Genesis Mining X11 Granja para producir Bitcoin

Baikal x11 Miner Batch 1 update multiple algorithm - Duration: 2:57. Asic Minermarket 9,534 views. ... Bitcoin Cloud Mining in 2019 Review - Profitable? Scam? Rock Miner ... Antminer D3 15GH 1200W Dash Miner X11 dashcoin mining. ... Antminer D3 15GH Dash Miner X11 dashcoin mining ASIC miner Bitcoin биткоин Майнинг mining aliexpress макс Asic. Here's a short clip from one of our most recent X11 build outs. Major cryptocurrencies like Dash, Ethereum and many more are mined through the X11 algorithm. Our interface also is able to use BTC ... GENESIS MINING BITCOIN CONTRACT PROFITABILITY! MULTIPLE BITCOIN UPGRADES - Duration: 9:56. crypto 737 views. ... How Much Can You Make Mining With Antminer D3 X11 - Duration: 12:33. This makes my taxes (US based) easier as the Spondoolies SPx36 is an x11 algorithm DASH miner, so it really on mines DASH Digital Cash. ... #Bitcoin #Mining #VoskCoin #DashMining #X11. Category ...