Some of you might remember that back in June Sia has announced their plans to called the Obelisk SC1 capable of 300+ GH/S at 500W or less power consumption according to the latest information. Well, it seems that Sia has figured out that since Decred (DCR) uses a very similar algorithm to what SiaCoin (SC) uses (both being variations of Blake) they can also develop the first ASIC miner for Decred as well.

The Obelisk DCR1 should be capable of at least 475 GH/s with less than 500W of power usage and both ASIC miners should be available at pretty much the same time. So now the pre-sale of the first batch of 4000 Obelisk DCR1 ASIC miners for Decred (DCR) is up for pre-sale on the Obelist’s website along the Obelist SC1 ASIC miner pre-sale for SiaCoin (SC). Both pre-sales will run up until November 24th and they are expected to ship on or before June 30th, 2018. Both Obelisk ASIC miners are available for pre-order at a price of $2499 USD and come with a 6 week exclusive mining period and a $250 per-unit coupon for future Obelisk purchases as a bonus. Now, since this is a pre-order for a product that is currently in development we advice you to be extra careful as we’ve seen a fair share of fails in that area and a lot of empty promises. Butterfly Labs Komodo KMD Miner. We are not saying anything for the Obelisk, it seems to have a solid team working on the project according to the information available, we are just warning you to be careful as it is a pre-order for a product that is not yet developed and the final device (if/when available) may as well be different in terms of specifications as we’ve seen that happening as well. If by the second half of next year Sia manages to deliver on their promise with the Obelisk ASIC miners for SiaCoin (SC) and Decred (DCR) they will significantly change the landscape for these two crypto coins.

Now it is yet unclear how this will affect things regarding the use of the Sia file hosting services since it is more than just a crypto coin while Decred is more of a traditional crypto coin. The promise of securing the network better with ASICs is not new, the more important question here however is what if a limited number of people hold most of the ASIC’s power in a network and then it becomes pointless to mine if you do not have access to an ASIC miner and/or cannot afford one. A quick reminder that in a few hours the official launch of, a new interesting PoW/PoS altcoin is happening.

Decred is currently running on testnet with the official launch of the mainnet planned on 12:00 PM CST February 8th, 2016 – you can watch. Here crypto currency uses Blake256 14-rounds algorithm for mining and there is a cgminer fork () already available, though currently only getwork is supported and not stratum. The cgminer for Decred GPU mining is available below, compiled for 64-bit Windows, ready for mining solo or on some of the mining pools for DCR.

This cgminer works on both AMD and Nvidia GPUs as the currently available ccMiner forks from tpruvot and sp do not yet have support for Decred even though they do have support for Blake256 14-rounds algorithm. List of mining pools for Decred (DCR): – – – – – – – – List of exchanges to trade Decred (DCR): – – – – If you manage to catch the official launch it is better to start by solo mining with a local wallet as this might be more profitable at the start and then switch to some of the available Decred (DCR) mining pools. This might be a bit of a challenge however as there is no yet a GUI wallet for the coin, so you will need to use the console version of the wallet to make things work before you are able to start mining solo. There are already binaries available for the wallet, but they are password protected and the password will be posted at the coin’s launch. So you have a few hours to get everything downloaded and ready for the official launch, you can even test on the testnet before the launch of the main network to make sure everything is working properly.

Is a new open, progressive, and self-funding crypto currency with a system of community-based governance integrated into its blockchain. At its core is a hybridized proof-of-work proof-of-stake (PoW/PoS) consensus system that aims to strike a balance between PoW miners and PoS voters to create a more robust notion of consensus. The project is a result of the theoretical proposals brought by proof-of-activity (PoA) and MC2 in 2013. Decred development started in April, 2014 with a single developer and expanded to include developers from btcsuite shortly thereafter.

Decred is currently running on testnet preparing for the launch of the mainnet on 12:00 PM CST February 8th, 2016. There crypto currency uses Blake256 14-rounds algorithm for mining and there is a cgminer fork () already available for testing, though currently only getwork is supported and not stratum. The cgminer for Decred GPU mining is available below compiled for 64-bit Windows ready for testing on some of the few currently available mining pools that also run on the testnet (will be switching to mainnet after the official launch). The cgminer works on both AMD and Nvidia GPUs as the currently available ccMiner forks from tpruvot and sp do not currently work with Decred even though they do have support for Blake256 14-rounds mining.

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders.

Trying out the cgminer for Decred (DRC) on an Nvidia GeForce GTX 970 has shown an average hashrate of about 1.3 GHS and trying the miner on an AMD Radeon R9 280X has shown a hashrate of about 1.3 GHs as well with both runningn at stock frequencies. There is already quite a lot of interest and a large community forming around the Decred crypto currency even before the official launch, so this is something that is worth checking out if you still have not heard about it.

Also make sure you get ready for the official launch of the coin on Monday. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. 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 altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi.

If you have a decent spec graphics card in your pc why not put it to use and mine some Ethereum while you are afk or asleep? It's easy to set up and once your miner is configured you just run the program when you want to mine and leave your pc to do its thing.

A mid tier gaming pc with a recent GPU could easily generate you up to a dollar a day at today's price and potentially a lot more if you are prepared to hold onto your coins. While mining Bitcoin used to be profitable with GPUs this is no longer the case as most mining operations are now carried out with massive mining farms with highly specific (and expensive!) hardware.

Many alternative crypto-currencies (altcoins) still rely on GPU mining and are somewhat profitable to do so, including Ethereum. Make your hardware work for you! Step 1) Register with a pool, I recommend suprnova. You will need to register using your email address, a password and a PIN number, don't forget your PIN as you will need it to withdraw coins you have mined. Step 2) Create your workers.

Once registered with Suprnova, one the left menu bar go to My Account, then My Workers. Click 'add new worker' to create two new workers and name them 1 and 2. Leave the password space empty or just type 1 and click update workers. Passwords are not needed for workers, the pool does not even check for them so don't worry about that. You now have 2 workers.

You workers should be yourusename.1 and yourusername.2. One will be mining Ethereum and the other will be mining Decred. Step 3) Download your miner. This is your mining program, there are many to choose from and we will be using Claymore's miner which is stable and also allows us to mine two different coins at the same time, this is called merge mining. Get the most recent version here - You will need to unzip this to a folder.

Some antivirus programs do not like mining software so you may need to temporarily disable yours while it downloads and unzips. (Don't worry, always go to github for clean software) Step 4) Config settings. Now we need to create a.bat file with the settings of your pool so your miner knows what to connect to and what to do.

This is easier than it sounds. First just open the folder you unzipped containing Claymores miner open it and look for a file called start.bat, right click this and select edit. You will be brought to a text editor. You're looking for this Paste the following code into this document and save it. (make sure it is saved as a.bat and not a.txt file. Ethdcrminer64.exe -epool eth.suprnova.cc:5005 -ewal WORKER.1 -epsw x -esm 3 -dpool dcr.suprnova.cc:3252 -dwal WORKER.2 -dpsw x -allpools 1 (Replace WORKER.1 and WORKER.2 with your username you registered with) If for some reason there is not a start.bat file in the folder you can create one by right clicking>new>text document. Then save it with the filename start.bat with the same code above pasted in.

Double click start.bat to start your miner. You can also create a shortcut to the bat file to place on your desktop. You are now mining Ethereum and Decred. You may keep any coins you mine on the pool site but this is not advisable.

It is recommended you set up wallets for both these coins to keep them safe. Make sure to keep a record of your passphrases and private keys as these are you backups just in case.

That's it, run the miner when you are afk and you'll see coins falling into your wallets in no time. Any problems or questions feel free to leave a comment. Happy mining. Very good disucssion.

I fully understand what you're talking about. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background.

It's a waiste of money. I found this great website:. Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more.

How Do I Mine For Monero XMR. Check for example: For a complete Decred Investment and research analysis.