hashpower Archives - Coin Guides

Scrypt coins – List of cryptocurrencies using scrypt hashing algorithm

coinguides — Mon, 11 Jan 2021 11:11:34 +0000

Out of the top 5 cryptocurrencies by market cap 3 are mineable coins. Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). All three operate within the proof-of-work consensus mechanism. However they all use different hashing algorithms. Bitcoin uses SHA-256 hash function and Ethereum currently uses Ethash Proof of Work hashing algorithm. In the near future Ethereum will …

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SHA-256 Hashing Algorithm – List of coins based on Bitcoin’s SHA256 algo

coinguides — Sat, 05 Dec 2020 07:27:49 +0000

Back when altcoins were trending we used to often list coins based on their hashing algorithm, specially for miners. It helps specific set of miners to choose and mine a particular coin based on its profitability. Now altcoin mining seems like a thing of a past. Particularly since they are no longer profitable for hobby …

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Ravencoin mining pools – Top 10 best pools for mining Ravencoin (RVN)

coinguides — Mon, 15 Apr 2019 14:51:54 +0000

The current network hashrate of Ravencoin is around 14 TH/s. Some say “hashrate follows price” and some say “price follows hashrate”. It’s actually hashrate that follows price but even with such high difficulty Raven still remains the most profitable coin to mine. Just head to WhatToMine or any other mining calculators and you’ll find that …

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Blake256 Algorithm (Blake256r14) – List of all coins and ASIC miners

coinguides — Tue, 09 Apr 2019 12:16:26 +0000

Blake is a cryptographic hashing algorithm which is an improved version of SHA256 and is one of the finalist in NIST (National Institute of Standards and Technology) SHA3 competition. It is designed and submitted by Jean-Philippe Aumasson and is based on and uses Dan Bernstein’s ChaCha stream cipher. Blake is the original algorithm and currently …

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What are Block Rewards? How Bitcoin mining block rewards work?

coinguides — Mon, 25 Mar 2019 14:46:10 +0000

Previously on Coin Guides we’ve explained Bitcoin confirmations, Bitcoin mempool, Block height, transaction hash ID and many others. Here in this article we’re going to explain what a Block reward is and how the Bitcoin miners are rewarded for finding a block? This post applies not only to Bitcoin but any crypto currencies that are …

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WhatToMine Alternatives – Mining calculators to find out what to mine

coinguides — Tue, 12 Mar 2019 12:10:17 +0000

If you are looking for whattomine alternatives then read this post. But if you are trying to figure out what to mine with your equipment then check out the following links: What to CPU Mine? What to GPU Mine? Are you interested in mining cryptocurrencies but do not know where to start and which coin …

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Monero hardfork v 0.14.0 Boron Butterfly – CryptoNight-R (CryptoNight v4)

coinguides — Sat, 09 Mar 2019 13:17:32 +0000

If you are a user of Monero and/or currently mining Monero (XMR) then you should be aware about the upcoming hardfork. The development team have already made an announcement regarding this protocol upgrade. This said network upgrade is set to occur on block height 1788000 which will take place on March 9th 2019. Now when …

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Qubit algorithm – Miners (ASIC) & list of coins with Qubit PoW algorithm

coinguides — Sat, 01 Dec 2018 13:21:55 +0000

Cryptocurrency miners have used various types of hardware to mine blocks. Initially people used their computer’s CPU power to mine Bitcoin blocks. Then to enhance the hashrate users added graphics hardware which drastically outperformed CPU mining. Then slowly special purpose ASICs (Application Specific Integrated Circuit) were designed to mine Bitcoin. Currently only users who own …

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T-Rex 0.8.2, CryptoDredge 0.12.0 – Dedal & Pipe Algorithm (New GPU algo)

coinguides — Wed, 28 Nov 2018 06:42:21 +0000

To create a stable ASIC and FPGA resistant solution; cryptocurrencies these days are developing and implementing a new hashing algorithm. Either they are developing one from scratch or they are modifying an existing Proof of Work algorithm. Most of these new PoW algorithms are focused only on GPU miners. So if you got a GPU …

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What is SUQA & how to mine SUQA? – Mining X22i algorithm (NVIDIA / AMD)

coinguides — Fri, 09 Nov 2018 12:54:41 +0000

It’s been so long since we made a coin mining guide. A lots of New altcoins are being announced on Bitcoin talk every single day. But not all of them seems promising. Most projects are just of clone of another coin that have no real value or vision. In such space finding a coin with …

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