XMR

Top 4 ASIC miners for CryptoNight algorithm

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CryptoNight is a proof-of-work hashing algorithm developed to suit a regular PC with CPU-based computing principles. It originates from CryptoNote protocol that requires 2 Mb per instance. A megabyte of internal memory is an almost unacceptable size for a modern ASIC pipeline, so the consensus is meant to be ASIC resistant. However, some of you […]

Monero XMR – Malware’s Favorite Coin?

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Privacy within the cryptocurrency ecosystem is a much sought-after feature, and no one does it better than Monero (XMR). With ever increasing government and regulatory pressure, Monero offers a privacy solution in the form of ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destination addresses of all transactions on the […]

AEON from science fiction to untraceable currency

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Everything in cryptocurrencies is experimentation and learning, if you discover a coin you have to study and learn from it to know it. AEON gathers everything to become a “lifestyle” as its official website says. AEON is a private, secure, untraceable currency. You control your funds, and nobody can trace your transfers. It has the […]

Year in Review: MinerGate and Monero XMR pool

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MinerGate multicurrency mining pool is proud to inform its users about the latest updates, news, and facts about Monero XMR pool. With the remarkable number of workers and the total hashrate that goes far beyond 47 MH/s, this pool is the most popular among MinerGate’s miners. The team has been gathering users’ feedback during all […]

Why Have Bitcoin’s Transaction Fees Skyrocket Recently?

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During the past few weeks, bitcoin’s transaction fees have markedly increased and today, it typically costs around $20 to send a payment across bitcoin’s network. The reasons underlying this rise in transaction fees are rather complex but can be namely attributed to an increased number of transactions and the limited amount of transactions that the […]

Monero’s Adventures in 2017

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Monero is a cryptocurrency that is based on the CryptoNote protocol and is considered one of the blockchain based cryptocurrencies that provide high levels of anonymity to both senders and receivers of transactions. Monero XMR relies on “ring signatures” that render it almost impossible to link a given transaction to its actual sender. Moreover, Monero […]

6 Totally Anonymous Cryptocurrencies

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Even though Bitcoin was initially thought of as a highly anonymous method of payment, the truth is that the privacy options offered via Bitcoin’s blockchain even when coin mixing processes, such as CoinJoin, are used are far from being perfect. Later on, many cryptocurrencies were created to solve Bitcoin’s anonymity flaws in an attempt to […]

5 Tips to Maximize your Mining ROI

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You lined up your racks, you aligned those miners, powered the risers and everything is buzzing nicely, hashing around and, most importantly, drawing power each and every second. The power that costs a lot of money. The power that must be converted to revenue, otherwise all your gear is just scrap iron (and some plastic). […]

What is Monero Untraceability and How it Works

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Cryptocurrencies revolutionized our perception of money. Only 5 years ago it almost inconceivable that someone could send values to somebody else using a network owned “by nobody”, faster and cheaper than any bank in the world. That you would generate value by “mining” with your own computer. And yet, this happened, and a whole new […]

Top 5 Monero Mining facts

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Monero XMR is a virtual currency more private and anonymous than Bitcoin, born in 2014 from the fork of Bytecoin BCN. Monero after the bifurcation from Bytecoin, the developers undertook to improve their original code and integrate the CryptoNight algorithm for mining, where the order of transactions is voted on, new features in the protocol and […]