The former SUQA project, now SINOVATE (SIN), is about to hardfork in a couple of hours with numerous changes going into effect at block 170,000 that should be reached in a couple of hours time. With the hardfork there will be a new algorithm going into effect, switching from the old X22i to the new X25x algorithm for mining. The new algorithm is heavier and more memory intensive, so the hashrate you will be getting after the fork is gong to be lower with X25x compared to what you would be getting with X22i. There are already miners available for both Nvidia and AMD GPUs, you can find the expected performance below for GTX 1080 Ti and RX 580 8GB and as one would expect Nvidia is doing better for the new algorithm as well.
Nvidia GeForce GTX 1080 Ti – T-Rex 0.11.0
– X22i: 18.85 MH/s (6x 113.12 MH/s)
– X25x: 2.31 MH/s (6x 13.83 MH/s)
AMD Radeon RX 580 8GB – WildRig Multi 0.17.3
– X22i: 5.08 MH/s (8x 40.71 MH/s)
– X25x: 0.74 MH/s (8x 5.93 MH/s)
– Visit the official website for more information about the SINOVATE (SIN) project…
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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