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Author Topic: CPU mining is still alive and kicking!  (Read 1448 times)
Switcher_NL (OP)
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December 15, 2017, 09:50:09 PM
 #41

I added some pools to the main post....and I’ll just stick em here too, haha.
Be sure to check the admins on Slack, should you need help!

http://vrm.bitcoinemail.org Admin = @niteuser
https://beertendr.com Admin = @hillbillyhacker
https://www.poolium.win Admin= @NickN
https://pools.bloxstor.com Admin = @seion
https://vrm.poolsloth.com Admin = @senicar
https://vrm.mining-pool.ovh Admin = @mderasse
https://vrm.poolinat0r.com Admin = @testbug
https://vrm2.poolinat0r.com Admin = @testbug
7BEN7
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December 15, 2017, 10:44:05 PM
 #42

I think mining with a CPU is not an effective form. I've also tried to exploit some altcoin with the CPU, but it's not profitable for me because the performance is not high. In my opinion, you can use GPU or some professional exploiting machine will bring more efficiency.

What if you have an older computer that has already paid off its value with its work, but is it still strong enough to be able to dig up some crypto currencies? Will you still use it for ordinary surfing and CPU mining or will you throw it off? Btw. soon come new projects for CPU mining such as JSEcoin and Nimiq.

It's not effective. You will get CENTS.
KaptainBlaZzed
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December 16, 2017, 12:03:36 AM
Last edit: December 16, 2017, 12:27:19 AM by KaptainBlaZzed
 #43

I am seeing so much bad/incorrect information in this thread related to Verium Mining. I would like to clear up a few things as an experienced VRM miner.

1. Yes, an rpi is fine to mine with. A 3b will get you about 180h\m with a custom kernel and miner. (both are available in the slack) considering it only uses 3-4 watts it will be profitable, but don't expect to make thousands of dollars.
2. Buying hardware to mine verium is very profitable. (you have to know what to buy)  i have spent thousands of USD in the past several months on vrm mining hardware and it will get ROI in a few more months.
3. Mining in the verium vault is "Solo" mining and will take days or weeks to find a block with a normal computer.  it is recommended you have 15K h/m to solo mine verium.  Join a pool if your hash rate is low. To join a pool you need a command line interface miner like "cpuminer-opt" or "Effect2Cause Verium Miner" you can not pool mine from the vault as of now. (this is a planned upgrade/improvement)
4. You can use your everyday computer for verium mining, however anything older than 7-8 years may be questionable, give it a try and find out.  depending on the hardware you might notice a slow down or you may not.  If you do notice a slow down reduce the number of threads you are mining with.
5. Verium mining will not slow down your GPU mining as long as your allocate the correct number of threads to the GPUs.
6. You can mine Verium with your android cell phone.  install app "gnroot", install miner and start mining. (there is a you-tube video)


Here are some basic profitability #'s for bought hardware:
2U Server: Quad AMD 6276 with 32GB RAM (16 x 2GB) and a 64GB Thumb drive pulls about 650W and produces 12,400 H/m and cost $500 - $600
This generates about 1.5 VRM per day at current difficulty which is worth about $4.5 today.
it cost about $1.4 per day for electricity at $.09 kWh and 650W leaving me a profit of $3.1 per day.

ROI is 5 - 6 months.

I personally feel VRM is very undervalued and when the VRM/VRC binary chain is created their value will rise.

jrtaboraman
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December 16, 2017, 12:42:52 AM
 #44

I'll give this a try. Thanks man!
Switcher_NL (OP)
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December 17, 2017, 09:00:41 AM
 #45

So, have any of you stepped in, to try verium?
shizzo
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December 17, 2017, 03:05:20 PM
 #46

What hashrate is supposed to be on i5/i7? And what is the profit for them?
okay but you can also easily check your hashrates via hashrates.org and calculate the profit on the pools calculator of your favorite pool  Wink
Switcher_NL (OP)
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December 18, 2017, 09:03:03 AM
 #47

What hashrate is supposed to be on i5/i7? And what is the profit for them?
okay but you can also easily check your hashrates via hashrates.org and calculate the profit on the pools calculator of your favorite pool  Wink

True, and we have a document for Verium on Slack, that has a lot of different CPU's with Memory configs on it, including what OS....yes Linux gives a 20% boost on average, comparing it to windows.
Just type !hashcomp in any of https://vericoinandverium.slack.com/ channels
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