We are happy to notify our users that now Minerall.io is working with Dash. What does it mean to you? Expansion and easy mining of one of the most interesting altcoins. Attractive? Totally yes!
The main task of the Dash team, according to their assurances, is to work through all the processes of using the coin in such a way that they don’t cause difficulties for people of any age and activity.
— Dash uses several network encryption algorithms; — High transaction anonymity, comparable to Monero; — Mining Dash consumes less power than BTC; — The project team is not hiding from users, actively promoting the product and constantly adapting it to the current realities; — Making changes to the network can be initiated by any member and Masternod operators will be voted to accept or reject the idea.
One of the differences implemented by the development team was the abandonment of the most commonly used algorithms Scrypt and SHA-256.
Most profitable ASIC-miners for mining Dash
— Pinidea X11 Miner DR-1;
— iBeLink DM384M X11;
— Baikal A900 X11;
— Pinidea X11 USB DU-1.
If you are a happy owner of one of these models (or you purchase one of it) — try to mine Dash with Minerall.io and have your personal benefits.
Hello and welcome, dear friends! First month of 2019 is over and now we can introduce you our fresh updates. And remember: respect is everything (if you play GTA 2, you know what we mean). Check Minerall.io summary for the January.
New compatible pool: MiningRigRentals
If you want to mine, but don’t have much enough capacity on your PC — you can rent it on MiningRigRentals. Or, if you want to rent out your miners’ capacity — welcome to MiningRigRentals too. All in all, that’s a great opportunity for all miners to make a profit (with Minerall.io, of course).
New compatible pool: NiceHash
Sure, you know NiceHash. It is the world’s largest market for buy/sell mining capacities. What is the idea of cooperation with? Simply. Each of our users can sell or buy power at the NiceHash. and that means that Minerall.io is listed in mining pools compatible with NH. Enjoy!
New Pool: Dash
For happiness of altcoin-fans, we start to support Dash coin in our mining pool. Now, you can easily mine it on Minerall.io. We are sure that this coin has prospects and its price will only grow.
UX optimization of Minerall.io
Every day we collect feedback from miners in our Telegram-chat and prepare updates for the most simple and convenient mining. We try to optimize all moments and details. One of the update details (small but important) is new «Total Mined» column in «Your mining stats» table on Dashboard. Enjoy your mining with Minerall.io
Recent years, the excitement around cryptocurrency has begun to subside. Among the thousands of different representatives of the world of virtual currencies, two giants stood out, firmly occupying most of the market and causing the most trust among users. We are talking about Bitcoin and his younger brother — Ethereum.
Bitcoin takes its place as an original and unique product of its time. From the point of view of the layman, the concepts of «bitcoin» and «cryptocurrency» are inseparable, to the extent that people may not know other currencies. The situation with Ethereum is more complicated. Bitcoin error correction, the entire system of smart contracts, on the basis of which more and more new investments have already been collected, new projects are being launched and launched, all of which cause a reasonable interest in the Ethereum currency itself. Against the background of such popularity, the idea that someone can finally shift Bitcoin from the leading positions did not look like a joke.
The year 2018 has come with the fall of the market. Inflated by speculation and hype among enthusiastic users, the cryptocurrency bubble burst, like its ancestors’ burst — the building bubble of Japan, which destroyed the economy of the whole country for decades, and the famous dot com bubble, which led to a complete change of the information world landscape.
The world media has already begun with pleasure to gut a long-awaited catastrophe, but such corrections are not something new and apocalyptic in the financial market. There will be ups and downs, an optimistic scenario is possible, even if the path to it will not be easy.
However, even with this rule in mind, Ethereum collapsed deeper than all predictions and forecasts. Is this some kind of failure, a mistake in the idea? Or is it just coming to a new reality? And most importantly — can such a dive be fatal, squeezing the community for other options?
As in the case of any bubble, after the market collapses, investors discover that they have invested in an incomprehensible, unnecessary, or inoperative product. It is no longer possible to obtain sales growth due to the mere use of the word “blockchain” in the company’s description. The “free” money ran out, and with their departure, people began to read contracts, study the topic, and discover exactly what they were in.
In a sense, the gold rush of crypto investments is still ongoing — in 2018, growth in investments in ICO projects paradoxically continued despite the collapse of the market. Nevertheless, there was a steady trend for work only with a regulated (for example, through SAFT) market sector.
The arrival of regulations was inevitable, even if it contradicts the very ideas of crypto-anarchism. As it turned out, governments still cannot control the state — numerous speculations and pyramid-like structures in the crypto-world have finally attracted the attention of states around the real world. The first signs were ultimatums from the Chinese and South Korean authorities, which put crypto-anarchists before a difficult choice — regulation or a complete ban.
Following the Asians, the US Securities and Exchange Commission followed, sending out notifications to dozens of companies and investors in the ICO industry, making it clear to the state any tokens are securities.
At the time of crypto-fever, few people bothered to speculate on whether to contact informal securities, the issuance, and distribution of which in some countries is a criminal offense. Tasty jumps on stock charts dazzled even the most cautious.
Now, in the cold atmosphere of massive collapse, many investors suddenly discover that tokens and smart contracts are in principle not needed by their business or tasks, and work with tokens has suddenly fallen into the gray zone from the point of view of the law. As a result, what was originally the basis for interest in Ethereum, now became the reason for its fall — the collapse of the network of startups dragged the currency itself.
Ethereum suffered from numerous speculations and discussions, with pleasure exaggerated by the media. Many of the attacks of critics or statements by state regulators are not justified afterward, but each such episode leaves a mark on the reputation, causing investors anxiety.
Does not help the currency and excessive fame of its creator — the Vitaly Buterin. Its fame and influence on the development of not only affect the exchange rate directly but also cause concern to the community due to excessive centralization — a «sin» in the crypto world.
Despite the fact that the activation of the hard fork Constantinople in the Ethereum network was postponed by the developers several hours before the appointed date, the blockchain division nevertheless took place. As Michael Hahn from MyCrypto explained, not all miners were able to postpone the update — and about 10% of them moved to the new network. The volume of their computing power today is twice as high as that of Ethereum Classic, with a thousand blocks behind the main network. Problems were also found in those who updated the nodes on time.
Recall that hard fork Constantinople was at the last moment officially postponed indefinitely due to a detected vulnerability in improving the EIP-1283. However, as Sergio Demian Lerner, a crypto-security consultant, said, it has actually been known for several months already, so he and his team never thought that the Ethereum developers were unaware of the problem. Activation of the second part of the Metropolis hard fork was scheduled for October at block No. 42230000, but the miners sabotaged the activation of Constantinople in the Ropsten test network — and they moved it first for a few days, then for November and eventually decided to postpone to mid-January.
The Ethereum Foundation announced a grant of $ 5 million for the British company Parity Technologies, Ethereum representatives said in their blog on January 7. As far as is known, the grant is intended to increase scalability, usability, and security. All funds will be used to develop Casper, sharding, QA, auditing and infrastructure improvements.
The future of Ethereum, though misty (like most cryptocurrencies at the moment), but inspires confidence. And this is despite the fact that hard fork is postponed, and investor confidence is declining.
We are pleased to present you a new partner, Minerall.io. Meet the NiceHash. This platform represents the world’s largest market for buy/sell mining capacities.
What is cooperation for?
Minerall.io is listed in the mining pools compatible with NiceHash. It means that each of our users can sell or buy power at the NiceHash. On the other hand, all customers of the exchange have free access to the Minerall.io mining pool.
What cooperation can be interesting to our users?
The main advantages of this miner are:
support of all the most popular algorithms;
ability to work on a GPU from AMD Radeon or Nvidia, supported by mining on a processor (CPU).
You can sell both the power of your home computer and the power of full-fledged ASIC devices. Accordingly, buying power at NiceHash is also not difficult.
The site offers support for a large number of cryptocurrencies and works with all the main mining algorithms: Equihash, SHA-256, Scrypt, x11 and CryptoNight and even rare ones, such as WhirpoolX and Keccak.
The NiceHash website also has a mining calculator. It is very easy to use and doesn’t require specification of the technical characteristics of the equipment. All you need to know is the model of the device that will be used for the extraction of cryptocurrencies. Next, you need to specify the currency that suits you the cost of one kilowatt of electricity at your rate.
In addition, NiceHash offers users earnings through an affiliate program. Access to it opens after creating an account. It is necessary to inform the technical support information about the resources where you plan to place links. The administration of the resource may approve or reject your offer. If successful, you will have access to graphic materials that can be posted on the website or blog. Your potential earnings will be about 5% of all funds that can be attracted with the help of invited users. A small bonus will also be credited once, which is 0.000005 BTC.
NiceHash is a convenient solution for those who have just started mining. In addition, the purchase of capacities will help save money and time for those who don’t want to delve deeply into the theory of mining. For those who are seriously engaged in mining, NiceHash is a good helper that fully supports Minerall.io.
2018 is over and now we can make a little retrospective article about main evenеs of ’18 in crypto world. The past year was a real test of the cryptocurrency market for the ability to withstand new strikes on the course.
In 2018, the value of assets fell by an average of 80%. Why does it happen? The first reason is the tightening of legislation in the largest countries. The second is the loss of trust both between the participants of the cryptocurrency community and the tokens.
The important events of 2018 were:
Licensing for the Swiss Crypto Fund AG;
Launch of the Fidelity Digital Asset platform;
Formation in a number of countries of legislation regulating cryptocurrency;
Cryptocurrency boycott by large Internet corporations — prohibition of cryptocurrency advertising, blocking of profile accounts in social networks, etc.
The market has left only those businesses and individuals who accurately represent their goals and know what they are doing in the world of blockchain technologies. Experts say that cryptocurrency market is in the process of purification and in 2019 it will be released on active development, shaking off the accumulated ballast.
The end of 2018 demonstrates that inefficiency in this kind of business is punishable. For effective work in the field of mining is extremely important the cost of electricity. In addition, every day it is necessary to fix the inked currency, transfer it to the stock exchange on time, transfer to USDT, choose pools correctly, look at which algorithm is better to mine, according to which principle — PPS or PPLNS — only a combination of all these factors and correctly completed work can leave mining profitable.
2017 was a breakthrough year for Bitcoin (Bitcoin): on December 17, the first cryptocurrency set an absolute record, exceeding $ 20,000. In 2018, Bitcoin is less solemn: cryptocurrency cannot reach the level above $ 4900. November was the worst month for Bitcoin in the last seven years: for 30 days the cryptocurrency fell by more than 37% — the result was worse in August 2011, when during the month Bitcoin fell by 40%. Many experts were confident that by the end of the year Bitcoin would grow to the minimum mark of $ 9000, but this did not happen.
If Bitcoin cannot rise in price by the end of the year, then another event will take place in January that could spur the growth of the first cryptocurrency: the Intercontinental Exchange (ICE) plans to launch the Bakkt crypto platform. Bitcoin futures contracts with physical supply should be its product. The launch of the platform focused on large investors was planned for December 12, then the deadlines were shifted to January 24, now the date is January 30. The question remains open.
The market also expected Bitcoin ETFs to appear. Alas, the US Securities and Exchange Commission (SEC) has postponed the decision on applications from VanEck, ITS and SolidX over and over again. The final verdict must come before February 27, 2019. In the summer, the SEC rejected nine applications for Bitcoin-ETF right away; even earlier, the Commission refused to open Bitcoin-ETF several times to the Winklevoss brothers. Every time when it became known about the refusal or the transfer of the SEC decision, the crypt market dropped.
If hard fork of the first cryptocurrency became one of the main events of 2017 when Bitcoin Cash appeared, this year Bitcoin Cash was already divided — and this fork was one of the reasons for the collapse of the cryptographic market in November. Stablecoins became the stars of the market this year. The number of stable cryptocurrencies grew by leaps and bounds: Stasis, LBXPeg, Candy, Paxos Standard, Gemini Dollar, USD Coin, CarbonUSD, nUSD, Stronghold USD, etc.
The market of primary placements of coins also survived a difficult year. As with Bitcoin, November was the worst month for ICO. For a month, startups managed to collect only 65 million dollars. On average for the year, this figure was 1.2 billion dollars. According to analysts, the decline in the industry is due to tight control by financial regulators.
So, in the United States have closed many ICO-projects. American regulators say that a huge number of cases against ICO-startups should be a signal for investors: there are more and more projects, many of them are aimed at stealing depositors’ money, so you need to be very careful about investing. Experts suggest that in the future, ICO will no longer attract the attention of investors, and their place will be occupied by regulated platforms of tokenized securities (STO).
Approaches of different countries to regulate the cryptocurrency market vary widely: from a complete ICO ban in China, the imposition of severe restrictions on crypto-bourse in South Korea, the adoption of a tough position on service tokens by the American Securities Commission (SEC) to new laws in Gibraltar, Malta, Estonia, Liechtenstein.
Countries that have expressed a positive attitude towards cryptocurrency operations and tokens allocations and adopting special laws gathered large investments — and others were quick to follow their example (remember Gibraltar — the law on licensing the decentralized registry entered into force in January of this year, recently adopted rules for crypto funds, ICO clarification is awaited. Three new laws of Malta have recently begun to operate, and there are no real examples of their application (as well as the promised blockchain authority), but they have already applied for obtaining licenses (for example, Bittrex and India’s largest crypto-exchange service).