GPU Mining Japanese company 'Hoya Corporation' suffers cyber attack, computers used for cryptomining

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• Japanese company 'Hoya Corporation' suffers cyber attack, computers used for cryptomining
• Does profitability increase significantly if you switch between coins all the time?
• Crypto Mining Farm Update at Apartment - 04/08/19
• Veil and X16RT mining algorithm.

Japanese company 'Hoya Corporation' suffers cyber attack, computers used for cryptomining Posted: 09 Apr 2019 12:28 AM PDT submitted by /u/SaneFive [link] [comments]

Does profitability increase significantly if you switch between coins all the time? Posted: 09 Apr 2019 06:09 AM PDT I have been running three custom made rigs for almost two years now. All of this time they were set to mine ETH because I had no time to check profitability and mining cost. I have access to cheap electricity and I also believe that ETH is going to be huge in the next few years so I'm selling nothing. All I wanted was to accumulate as much ETH as I can and I think I could have made more. I'm not an expert on mining and I rarely follow the news regarding this subject. Just recently I saw that a lot of projects are working on improving the UI and making things easier for people like me. My recent discovery was Cudominer and I think I need some advice from you guys. Since it switches coins automatically based on profitability, will I be making more if I replace my Claymore with it or am I missing something? The payout can be set to ETH so my reasoning behind this is very simple. If the software will max out my profits on its own, I should be getting more ETH than I am mining right now. All suggestions and clarifications are welcome. submitted by /u/Monster_Chief17 [link] [comments]

Crypto Mining Farm Update at Apartment - 04/08/19 Posted: 08 Apr 2019 08:54 AM PDT submitted by /u/TheLifeofaMiner [link] [comments]

Veil and X16RT mining algorithm. Posted: 08 Apr 2019 09:42 AM PDT ​ https://i.redd.it/ekdd4cpo02r21.jpg The X16R hashing algorithm was introduced, by the Ravencoin project, in an effort to resist the development of dedicated ASICs, thereby increasing the decentralization of mining. For this reason, X16R was selected as the baseline for Veil's mining. Threatening decentralization, Field-Programmable Gate Array (FPGA) code for X16R is known to exist, and expected to become widely available soon. To address this risk, Veil has created an implementation of the algorithm, called X16RT, which preserves almost all the benefits of X16R, but with an added barrier against FPGAs. In particular, the ordering of blocks in X16RT have to follow different rules to be accepted by Veil nodes. While mining pools, and even exchanges, will not have to make modifications on the software side, software that calculates block hashes and submits them to the network will. More info: https://veil-project.com/ submitted by /u/chehol001 [link] [comments]

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