Makers of the world’s most advanced graphics cards — the hardware that lets gamers practice photorealistic act and immersive virtual reality — have had a hell of a year. Ter August, market leader Nvidia announced a 56% rise te year-over-year revenue. Competitor AMD’s revenue eyed an 18% rise overheen the same period.
But neither company has bot antsy to crow about what’s driving all that growth, and investors haven’t exactly bot overjoyed about it.
Why? The response is one word long: Bitcoin.
Actually, it’s a little longer than that. Graphics cards (also known spil GPUs) were once used to ‘mine’ Bitcoin, or solve the cryptographic riddles that effectively secure billions of dollars worth of virtual currency te exchange for digital metselspecie. That’s no longer true, with Bitcoin now mostly mined using a more specialized chipset known spil an ASIC — and on an increasingly industrial scale.
But, spil Bitcoin’s price has skyrocketed this year, dozens of lesser-known cryptocurrencies have also become more and more valuable. And those blockchains – including Litecoin, Monero, and, especially, Ethereum – can still be profitably mined by part-timers using off-the-shelf graphics cards. Te locales with cheap electro-therapy, a single card can generate toughly a hundred dollars ter profits vanaf month.
That has led to meaty request for graphics cards. Nvidia said it made around $150 million last quarter off miners. Analysts speaking to CoinDesk estimated that a sizable proportion of AMD’s revenue is also now coming from miners.
On the consumer side, prices for graphics cards have surged, frustrating consumers who want to use them spil intended – for playing games.
But investors haven’t bot anxious to pile into the stocks, precisely because of their dependence on cryptocurrency. Despite the rising value of Bitcoin and others, the space is still very speculative, with actual working applications for blockchain tech relatively infrequent.
To waterput the risk ter perspective, CoinDesk looked back to 2013, when the bottom dropped out of Bitcoin’s price. Miners, still using GPUs at the time, quickly dumped their hardware on eBay. AMD’s sales slumped drastically ter the following year, before leisurely recovering te 2015.
Tho’ the cryptocurrency ecosystem is much more sturdy today than it wasgoed ter 2013, the bubble could certainly speelpop again, making mining unprofitable and putting chipmakers against a wall. An even clearer mid-term risk is that Ethereum, the 2nd most valuable cryptocurrency, is attempting to stir away from hardware-dependent security.
But there’s potential upside, too. If and when cryptocurrency becomes truly widely adopted, AMD and Nvidia may have lucked into a large fresh market. The potential is suggested by a thriving traffic te guides and implements to help fresh would-be miners set up equipments te their bedrooms, calculate their potential profits, and manage their digital assets.
When exactly to fully embrace that market, at the risk of appearing too bubble-dependent, will be a tricky question for GPU makers.
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Eligius does not require or support registration of any zuigeling if you just want to mine Bitcoins. Just use your Bitcoin address spil your username. Any password will work. Please be sure to pass a valid address spil your username, spil incorrect usernames will be silently disregarded and earnings will be kept by the pool.
OPTIONAL: If you wish to mine decentralized (making your own work), be sure you are using a GBT-capable miner (like BFGMiner).
- GBT and getwork are available on ports 80 and 8337.
- Stratum is available on port 3334.
Miner-specific command-line examples
- BFGMiner (recommended): bfgminer -o mining.eligius.st:8337 -O <,YourAddress>,
- cgminer: cgminer -o http://mining.eligius.st:8337 -u <,YourAddress>, -p x -I 9
- poclbm: poclbm.exe http://<,YourAddress>,:firstname.lastname@example.org:8337# -d 1 -f 0 -v -w 64 (significant: poclbm stratum is violated! do not use 3334)
- Phoenix: phoenix.exe -u http://<,YourAddress>,:email@example.com:8337 -k poclbm DEVICE=0 VECTORS BFI_INT FASTLOOP AGGRESSION=6
- DiabloMiner: DiabloMiner-Windows.exe -u <,YourAddress>, -o mining.eligius.st -r 8337
- ufasoft: bitcoin-miner.exe -a Five -o http://mining.eligius.st:8337 -u <,YourAddress>, -p x
- GUIMiner settings – Movie Instructions: http://www.youtube.com/observe?v=FvgsRKBlfFE (significant: poclbm stratum is violated! do not use 3334)
Total OS Configuration
Walkthrough movie for getting began using Windows
This pagina wasgoed last modified on 21 April 2013, at 00:32.
This pagina wasgoed last modified on 21 April 2013, at 00:32.
All About BTC, LTC, ETH mining spil well spil other alternative crypto currencies
Posts Tagged ‘,Eligius‘
List of the Largest Bitcoin Mining Pools
Nowadays Bitcoin is only mined by those who have managed to secure some sort of ASIC mining hardware, because it is pointless to mine BTC with GPU let alone with CPU miners. That is the reason why there are not that many Bitcoin mining pools left and there are a few larger ones that most people are mining ter. Below you can see a list of the top Bitcoin mining pools with a brief informatie about each one of them:
GHash.io – 0% mining pool toverfee, PPLNSG payout system, merged mining NMC/DVC/IXC
Eligius – 0% mining pool toverfee, CPPSRB payment system, no registration required
BTC Guild – 3% PPLNSG, 7.5% PPS pool toverfee, merged mining NMC
Discus Fish – Some sort of a large private(?) Chinese pool
Slush – 2% mining pool toverfee, RBPPS payment system
BitMinter – 1% mining pool toverfee, PPLNSG payment system
- Ter: General Informatie
- Tags: Bitcoin Mining Pools, BitMinter, BTC Guild, btc mining pool, Discus Fish, Eligius, ghash.io, largest btc pool, Slush, top btc pools
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This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others.
If you find helpful and useful information you can support us by donating Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1
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Posts Tagged: Eligius bitcoin mining pool
Botcoin: Bitcoin Mining by Botnet
An enlargening number of malware samples te the wild are using host systems to secretly mine bitcoins. Ter this postbode, I’ll look at an affiliate program that pays people for the mass installation of programs that turns host machines into bitcoin mining bots.
The FeodalCash bitcoin mining affiliate program.
Bitcoin is a decentralized, virtual currency, and bitcoins are created by large numbers of CPU-intensive cryptographic calculations. Spil Wikipedia explains, the processing of Bitcoin transactions is secured by servers called bitcoin miners. Thesis servers communicate overheen an internet-based network and confirm transactions by adding them to a ledger which is updated and archived periodically using peer-to-peerfilesharing technology. Te addition to archiving transactions, each fresh ledger update creates some freshly minted bitcoins.
Earlier this week, I learned of a Russian-language affiliate program called FeodalCash which pays its members to distribute a bitcoin mining bot that coerces host PCs to process bitcoin transactions (hat peak to security researcher Xylitol). FeodalCash opened its doors ter May 2013, and has bot recruiting fresh members who can demonstrate that they have control overheen enough Internet traffic to assure at least several hundred installs of the bitcoin mining malware each day.
The FeodalCash administrator claims his mining program isn’t malware, albeit he cautions all affiliates against submitting the installer program to multi-antivirus scanners such spil Virustotal, sending the program that installs bitcoin mining bot to Virustotal “greatly complicates the work with antivirus” on host PCs. Translation: Because services like Virustotal share information about fresh malware samples with all participating antivirus vendors, scanning the installer will make it more likely that antivirus products on host PCs will flag the program spil malicious. Rather, the administrator urged users who want to check the files for antivirus detection to use a criminal friendly service like scan4u[dot]netwerk or chk4me[dot]com, which likewise scan submitted files with dozens of different antivirus contraptions but block those instruments from reporting huis about fresh and unidentified malware variants.
This Google-translated version of the webpagina shows the builder for the installer.
I gained access to an affiliate account and wasgoed able to grab a copy of the mining program. I promptly submitted the opstopping to Virustotal and found it wasgoed flagged spil a trojan pony program by at least two antivirus products. This analysis at automated malware scanning webpagina malwr.com shows that the mining program installer ads a Windows registry key so that the miner starts each time Windows boots up. It also indicates that the program beacons out to pastebin.com (perhaps to deposit a note about each fresh installation).
The FeodalCash administrator also claims that his affiliates are not permitted to distribute the installer verkeersopstopping ter any way that violates the law, but of course it’s unclear which national laws he might be talking about. At the same time, the affiliate program’s Web webpagina includes a graphical instrument that helps affiliates create a custom-made installer program that can install silently and be disguised with a diversity of program icons that are similar to familiar Windows icons.
Also, the administrator requests that fresh users demonstrate the capability to garner hundreds to thousands of installs vanaf day. This is a rather high install rate, and it emerges many if not all affiliates are installing the mining program by bundling it with other executable programs distributed by so-called pay-per-install (PPI) programs. This wasgoed apparent because a source managed to build up administrative-level access to the back-end database for the FeodalCash program, which includes hundreds of messages inbetween affiliates and the administrator, most of those messages are from fresh registrants sending the administrator screenshots of their traffic and installs statistics at various PPI affiliate programs.
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