Is It Still Possible To Mine DigitalNote XDN
According to XDN ICCO Plan, the price per lot (100,000 XDN) in the first round was (0.6 BTC), which raised a total of 5.4 BTC for the sale of 9 lots. The price in the second round was (0.7 BTC) per lot, which ended today without achieving any sales, and now the price in the final round has increased to (0.8 BTC) per lot.
However, XDN developers mentioned last week that they were working on creating new selling channels such to hopefully increase sales, but yet there are no updates on that. XDN price is stable around 130 – 140 these days, after taking the hit towards 110 – 120.
So far there are limited options for mining XDN as the community are still in progress to create XDN mining pools. Being MinerGate as the main option, miners can use DigitalNote Wallet to mine the digital currency but they have been unable to do so with the default mining pool. How can we calculate the “profitability”. DigitalNote XDN: Miner used: Minergate’s mining software. MonetaVerde MCN and Fantomcoin FCN are the best altcoins to mine using a PC or a laptop.

The risk of the locked coins (1.25 billion XDN) to re-enter the market next week is still the biggest concern for the digital currency holders as this will increase the supply and push the price lower. After the significant rise of DigitalNote in the first week of the ICCO campaign, XDN price achieved all time high 350 satoshi and then started to lose its value based on the confusion that buyers wanted to get the digital currency cheaper on XDN CO (starting at 156 per xdn). But the price voting on the last day of the IC window changed the price to 600 per XDN instead of 156. As stated in previous articles, XDNCO needed to sell at least 500 lots per day since the beginning of the campaign in order to succeed. Now with one week left, it is not realistic to think that it is possible to sell at least 1,785 lots per day (1,428 BTC). Whether XDN developers will create new selling channels or extend the campaign, there is still so much work needed to fix what went wrong with it.
Therefore, we believe that what matters now is POST-CO. XDN POST-CO The campaign should end next Friday 30 June 2017.
With over 1.25 Billion XDN locked in the CO wallet, it is expected that XDN will take a big hit once these coins re-enter the market and that will push the price to the bottom, possibly even lower than 70. But this should not be the end since XDN Developers are working according to the published, the digital currency should recover well with the implementation of the new developments such as the Mobile Messenger 3.0, the Database Blockchain Storage, and the E-Commerce Payment Solutions. The long term stability is then looking forward to Proof of Activity, the extra layer of security, scalability and resistance for XDN blockchain that will be implemented in Q2 next year. So overall, XDN will suffer in the short term because of ICCO, but will soon start recovering and should look for stability at a higher value once these developments are delivered according to the RoadMap.
Why suffer like that? Wouldn’t it be better to keep the ICCO wallet intact, remove the time limit deadline, and let the market price catch up to the ICCO price. Just let the ICCO run until it sells out. The larger blocks purchased outside of the exchange markets are worth a small premium to the exchange pricing so the ICCO coin holders will get a premium for their efforts. It is very unlikely that the market price will rise above the ICCO price of 800 because investors will arbitrage it buy buying the ICCO blocks and immediately reselling them into the market thus insuring that the market price cannot stay above the ICCO price until the ICCO sells out. Extending the ICCO indefinitely until it sells out at 800 is a simple plan that rewards everyone and preserves the value of having the big blocks of coins available to large investors, while eliminating the downside risk to the market price. The 800 ICCO price might act like a strange attractor and pull the market price up.
Start Decred DCR Mining. Let’s Vote to extend the ICCO indefinably until the coins sell out at 800 Satoshi’s. We are headed into the last week of the ICCO and we are price capped with significant downside risk because of the overhang of all the ICCO coins hitting the market after next week. So here is a simple plan. Just vote to keep the ICCO block of coins intact and remove the time limit. Just let them sell out as time goes on.
Price will eventually catch up to the ICCO prices and the owners will get a small premium for waiting. That will remove the overhang and the downside risk and give the ICCO owners a chance to get an above market price for the trouble they took. Arbitrage effects will insure that the ICCO coins sell for more than market price so the ICCO holders are guaranteed a small premium, which they deserve for locking their coins up in first place.
The only downside is that XDN will have a selling wall at 800 Satoshi’s for a while. Still I would rather have selling wall at 800 than the price cap and downside risk of ending the ICCO with no plan.
If we just end the ICCO with no plan and send the coins back it is very risky. First we lose all the advantages of having big blocks available to larger investors (and inspite of the weak response to the ICCO that was a good idea). Second, if even 10% of those coins get dumped into the market the first day or two we could easily see the price drop all the way back to 20 satoshi’s for a period of time. That would harm the long term confidence in the project and help no one.
Updated to latest cast XMR version on December 14, 2017 This guide describes how to mine CryptoNight/CryptoNote based crypto currencies like,, and at highest mining rates with the AMD Radeon RX Vega 56/64 GPUs. Is the Proof-Of-Work (POW) hash algorithm used by many protocol based currencies to sign the blockchain transactions. The CryptoNight algorithm is designed to use a lot of memory and a lot of memory read/write operations. The idea is that it should have no big advantage to run the algorithm on number crunchers like GPUs or dedicated ASICs and perform equally well on general purpose CPUs. Now the AMD Radeon RX Vega 56/64 GPUs has entered the field. Their new memory interface based on HBM2 memory delivers higher memory throughputs also in random access workloads which makes them the currently fastest and most efficient devices available to crunch CryptoNight hashes. China Bitcoin Gold BTG Mining.
For comparison: • Intel Core i9-7900X (10 cores, 3.3 GHz): ~470 CryptoNight Hashes/s • AMD Ryzen Threadripper 1950X (16 cores, 3.4 GHz): ~1080 CryptoNight Hashes/s • Nividia Geforce GTX-1080TI: ~900 CryptoNight Hashes/s The AMD Radeon RX Vega can crunch more than 1900 CryptoNight hashes per second with a power consumption of 150 watts. With some more overclocking the RX Vega breaks the 2 KHash/s barrier with a power consumption of 250 watts. Compare the price tags of the devices and it’s easy to calculate which gives the most bang for the buck. How to setup a Radeon RX Vega 56/64 for optimal CryptoNight mining is described in the next steps. The Miner Software: Cast XMR We developed special CryptoNight mining software ‘Cast XMR’ for RX Vega GPUs. It utilizes OpenCL 2.0 and hand optimized low level code to take full advantage of the Vega architecture. Read all about the latest version of.
To run Cast XMR the typical miner command line has to be entered: cast_xmr -S [pool server] -u [username or wallet address] With the default Radeon Vega driver (at the time of writting driver version 17.9.2) and default ‘balance’ settings of AMD Global WattMan you will get about 1050 Hash/s. Which is already higher then with any other CryptoNight mining software. But to really get the Vega going some further steps can be done. The AMD Blochchain Compute Driver AMD released a special driver for Radeon GPUs which is called the the current version is. It is called ‘beta’ but does the job for Vega 64 and Vega 56 GPUs. The purpose of the driver is to optimize the card for compute workloads like machine learning and yes POW hashing for blockchains. What it exactly does is only know to the AMD engineers, a guess is that it dedicates more memory bandwith to the compute units and takes it away from the GPU rendering paths.
When installing do a ‘Clean Install’ and select to install the ‘Local Driver (17.30)’ otherwise you will probably end up with the wrong version of the driver. Be aware for gaming the original driver has to be installed otherwise you will have really low framerates. After installing the Blockhain Compute driver and firing up Cast XMR it will detect that the special driver is installed and use a further optimized kernel. Which will result in: or If you get less then 1500 Hash/s you probably have to do following step: Workaround: Toggle the HBCC Memory Segment One anoying bug of the Blockchain driver seems to be that sometimes after a reboot it does not deliver full performance. A fix for it (if you know a better one, please let me know) is to toggle the “HBCC Memory Segment” option in the Radeon Settings from ‘disabled’ to any other setting or the other way around and press ‘Apply’.
Close the mining app before doing so, otherwise you will get a furious crash! The settings will close and the driver seems to be reinitialized, after that in most cases it results in the correct hashrate. It also seems not to matter if HBCC Memory Segment is disabled or turned on.
Though disabled would be the more logical state as for mining the HBCC feature is not needed. GPU Core, Memory and Fan Settings Now it is time to tweak the clocks to adjust the Vega GPU to the special mining workload.
Go the Global WattMan section in the AMD Radeon Settings, flick the Performance Profile to “Custom” and adjust the values. First make sure to adjust the fan for better cooling. Switch the “Temperature” switch to “Manual” and enter as target temperature 70. If the temperature goes above 70° the card starts throttling the clocks to protect from overheating and the hash rates will decrease dramatically. Cooler is always better as it reduce power consumption and protects the GPU. The basic idea for overclocking is to increase the ‘Memory Clock’, reduce ‘GPU Clock’ as low as possible without throtteling the hash rate, reduce the ‘Power Limit’ as far as possible to prevent overheating and reduce power consumption but also not to stall the memory clock and thereby the hash rate. We found following settings to be sweet spots, but try for yourself.
The cooling conditions have probably a high influence on your optimal settings. Features • Full support for CryptoNight/CryptoNote based currencies: • • • • • • • • • Fastest miner for AMD Radeon RX Vega GPU series • Radeon RX Vega 64 • Stock driver (Crimson 17.10.2) and settings: 1180 Hash/s • Blockchain driver and 1025 MHz mem clock: 1930 Hash/s • Radeon RX Vega 56 • Stock driver (Crimson 17.10.2) and settings: 1150 Hash/s • Blockchain driver and 945 MHz mem clock: 1970!