Get Prepared for the BEAM Onerous Fork Scheduled for August 15th (Block #321321)

The BEAM Project is having a tough fork in about two days and you want to just remember to are prepared for it if you're mining it or are utilizing a neighborhood pockets for BEAM. The BEAM Onerous Fork is scheduled for block #321321 which needs to be reached someday in August 15th and you want to mak certain your pockets is updated in addition to your miner. Ensure you get the latest BEAM wallet should you use a neighborhood pockets, should you depend on exchanges be sure they've up to date their wallets after the fork earlier than doing any transactions.

The BEAM Onerous Fork may also include modifications within the algorithm used for mining, the PoW algorithm will change from Beam Hash I (Equihash 150,5) to Beam Hash II (EquihashR variation). And whereas the brand new algorithm remains to be a modification of the Equihash you'll nonetheless have to make use of a brand new miner or an up to date one with assist for the brand new algorithm (EquihashR parameters n = 150, ok = 5 and r = 3). The preliminary info means that the brand new BeamHash II algorithms needs to be sooner when it comes to hashrate and with decrease energy consumption on the identical {hardware} in comparison with the nonetheless at present used BeamHash I (Equihash 150,5) algorithm.

The software program miner with assist for BEAM mining have already began updating with assist for the brand new algorithm, although not all of them have already got Beam Hash II obtainable. Our most popular Nvidia BEAM miner – GMiner 1.55 already has assist for each AMD and Nvidia miners for the upcoming hardfork and the brand new BeamHash II algo… there may be even an auto-switch operate built-in, so that it'll swap to the brand new algorithm after the fork is detected. The most recent lolMiner 0.8.6 for AMD GPUs has added assist for the BEAM exhausting fork and there may be additionally an auto swap choice obtainable that will help you seamlessly transfer to the brand new Beam Hash II algorithm. Different widespread miners with BEAM assist ought to most probably comply with quickly with updates including the brand new algorithm as nicely…

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