Cudo Mining Software Lets Users Mine According to Profitability
10 Januar 2019 - 2:59PM
ADVFN Crypto NewsWire
Cudo Mining Software Lets Users Mine
According to Profitability
At a time when various cryptocurrency miners have to leave the
industry because of the year-long bear market, a new mining
software called Cudo Miner is is changing the game with highly
efficient software to optimise hashrate and profitability.
What makes Cudo unique is the fact their products are designed
for advanced command line users as well as novice GUI miners alike.
The software can be installed on your laptop to make use of spare
power, whilst also being used by miners with large GPU rigs.
Cudo Miner is the first mining software that allows users to
apply per-algorithm optimisations and GPU overclocking from the
same application. Usually, miners would have to use command line
scripts to optimise their performance based on the cryptoasset
they're mining plus something like MSI afterburner - GPU software -
to overclock their GPUs memory, core count, power etc.
According to Cudo Miner’s website, miners using the software
will always mine the cryptocurrency most profitable for them, by
monitoring the relative mining difficulty and market price in
real-time choosing between 9 cryptocurrencies with 5 different
mining algorithms.
The recently released built-in GPU overclocking feature allows
users to tweak their GPU clock and memory from the software and
choose the optimal configuration for your hardware.
This means that the software is continuously mining the most
profitable coin without losing performance as your GPUs will be set
to the optimal configurations.
Mining While Performing Other Tasks
Helping give miners even more control, if the software is
installed on a laptop it allows them to automatically suspend
mining if the machine isn’t plugged to a power outlet, or schedule
when to mine to take advantage of times in which the laptop isn’t
being used.
Miners who use the platform can notably choose to be paid out in
either Bitcoin or Ethereum so they won’t have to deal with dust
after mining various altcoins if the algorithm sees it’ll be
profitable to keep on switching.
While the software is free to download, the team behind it takes a
5% commission off of miners’ earnings to cover operational and
development costs. While a 5% fee is above that of most mining
pools, Cudo believes its advanced software and hassle-free setup
will more than make up for the higher fee in what it returns. In
fact Cudo says they have the most efficient software on the
market.
Future Plans
Cudo Miner’s Beta launch was made ten weeks ago and since then
it has already garnered over 10,000 users. Its founders, Matt
Hawkins and Duncan Cook, have revealed in the future they plan on
making it even easier for miners to configure their machines.
Before launching Cudo Miner, the team had numerous projects.
These include a disaster warning app for the American Red Cross,
and what was once one of the fastest growing UK datacenter and
internet services companies before being sold.
In next year’s roadmap, Cudo Ventures told CryptoGlobe, Cudo
Miner is set to enable a distributing computing feature, which will
allow users to rent their computing power to clients, essentially
allowing them to rent a “supercomputer.” This feature is set to
launch in the first quarter of 2019. Unlike other distributed
computing projects such as Golem and iExec Cudo
are attracting a large user base offering mining services
first.
The team also plans on going mobile, allowing users to earn and
monitor their performance while on the go. Users who sign up via
ADVFN will receive a 10,000 satoshi bonus.
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