the Veil Project Mining- Privacy without Compromise

[GREENch]

Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?

Do you use daily snapshot?
https://veil.tools/docs/snapshots.html
With this snapshot my wallet sync with Veil network fast enough.

But there was a bug when you have sync it automatically through the client and then it will be stopped. I just try to uninstall and start to install my client and then just replace the data with a new one that has already got from the snapshot folder and that sync automatically.

Guys, thank you all for responding! I'll have to try the daily snapshot. And then I have constant slow loading already tired.

[1715303584]

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[1715303584]

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[sh4dtechnr]

Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?

I just installed the latest version of the wallet (1.0.3), before that I had version 1.0.2 and the process was really very slow. But now everything seems fine, it helped me. 

[franciscoDC]

It is best to buy what amount of veil you can afford and stake them to get reward maybe daily depending on the size of your wallet rather than going through the heart attack moments of trading, pos is more guarantee than trading, you can sell your accrual at the end of each month for passive income,
My target to purchase at least 12k veil so i can get daily reward to earn passive income. This is best option imo.

More veil more passive income and also as you said pos is much better than trading i think it was because pos is passive and trading is gambling that without knowing what will happen to your money.

[GREENch]

Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?

I just installed the latest version of the wallet (1.0.3), before that I had version 1.0.2 and the process was really very slow. But now everything seems fine, it helped me. 

On Friday I tried to install this version of the wallet, did not see a significant increase in speed. Perhaps it is because of the local provider.

[Pagri]

It is best to buy what amount of veil you can afford and stake them to get reward maybe daily depending on the size of your wallet rather than going through the heart attack moments of trading, pos is more guarantee than trading, you can sell your accrual at the end of each month for passive income,
My target to purchase at least 12k veil so i can get daily reward to earn passive income. This is best option imo.

More veil more passive income and also as you said pos is much better than trading i think it was because pos is passive and trading is gambling that without knowing what will happen to your money.

Actually both options have their advantages, and it is obvious that a good trader has a potential for profits that neither mining nor staking can offer, but taking into consideration all the potential that Veil has in the medium and long term, the important thing is to continue accumulating this promising crypto no matter what method you choose. Personally, I prefer trading first, mining second, and staking third.

[Dig Bicks]

SCAM

https://bitcointalk.org/index.php?topic=178336.msg49640976#msg49640976

[libert19]

SCAM

https://bitcointalk.org/index.php?topic=178336.msg49640976#msg49640976

I don't understand, their CMs have said multiple times that
their devs are/were affiliated with pivx, what's scammy about it?

Observing how their team works, it does not seen like a scam to me but you never know.

[superstarbtc]

How profitable is Veil coin mining today? There are those people here who are really independently engaged in mining this coin or mine using a pool.

If you are mining by renting a rig then it's not profitable right now but if you are mining using your own mega rig then It could be somewhat profitable.

What I am doing is mining and HODLing maybe in the future it could give me a good return.

Exactly, people who have their own mining ring will help them to make them some decent profit but people who are taking a rig for a rental will not help them to make a profit because they need to spend a lot of money for renting the rig because i have experienced it previously.

[kronos123]

Whether you already have a mining plant, large or small, or if you rent a plant from the most popular and well-known retailers, the extraction of coins is almost never profitable today, except if you have low-cost current, under $ 0.06.

With today's current values and network hashes it is worthwhile to buy Veil, and almost every other coin, directly in the exchanges.

[Wayan_Pedjeng]

I am trying to install the Veil wallet for the past 3 weeks and it is not yet completed. The rate of progress is like 0.5% per hour and now after almost one month, it is around 89% completed. The most frustrating thing is that sometimes it crashes all of a sudden and then starts from a much earlier point (like 70% or 75%) and then progress at snail's pace.

[starkovblue]

The problem with the speed in the wallet is very big. It seems to me that if we compare this with a bitcoin wallet and an attempt to load the whole chain, it becomes clear why the community speaks negatively.
Snail like a rocket is obtained compared to the download speed.

[||bit]

I am trying to install the Veil wallet for the past 3 weeks and it is not yet completed. The rate of progress is like 0.5% per hour and now after almost one month, it is around 89% completed. The most frustrating thing is that sometimes it crashes all of a sudden and then starts from a much earlier point (like 70% or 75%) and then progress at snail's pace.

Your computer is very slow, mine were doing %4-5 for an hour. Also, you don't need to sync for weeks, just use a snapshot.

Here is the details (where can you find a snapshot and how to use it): https://veil.freshdesk.com/support/solutions/articles/43000478708-how-to-use-a-snapshot

[libert19]

The problem with the speed in the wallet is very big. It seems to me that if we compare this with a bitcoin wallet and an attempt to load the whole chain, it becomes clear why the community speaks negatively.
Snail like a rocket is obtained compared to the download speed.

They know about it and pretty sure there will be light wallet in future meanwhile you can use snapshots for faster sync.

[studio1one]

To anyone who is having trouble synching wallet:

Why not just use the latest blockchain snapshots that are available on their website? It's much much faster compared to the traditional in-wallet syncing process.

[naska21]

From where I sit... the speed of synch depends on both where you are and IP of nodes connected to your wallet. Would be great to have the full  list of Veil nodes so that one can choose the nearest. For me the full synch (that happened 2 months ago and didn't use the snapshot) took roughly 2 days and that was   more or less satisfactory though I had to  interrupt it (several times) due to CPU overheating.

[viljy]

I am trying to install the Veil wallet for the past 3 weeks and it is not yet completed. The rate of progress is like 0.5% per hour and now after almost one month, it is around 89% completed. The most frustrating thing is that sometimes it crashes all of a sudden and then starts from a much earlier point (like 70% or 75%) and then progress at snail's pace.

Maybe your computer is too weak for that. Try then just run veild and use veil-cli. Although I don't think it would help much... Or you have a very slow Internet. Then there's nothing to do.

[Dr.Osh]

To anyone who is having trouble synching wallet:

Why not just use the latest blockchain snapshots that are available on their website? It's much much faster compared to the traditional in-wallet syncing process.

well the synchronization process feels so slow, and takes a long time. I think this is not a problem of computers or networks. but we have to wait for up to 100%. while waiting for the latest update, I think we have to open this wallet since we turned on the computer that we have.

[GREENch]

Need help: I downloaded the latest snapshot, after the wallet loads up the missing blocks - wallet closes. When I re-enable the procedure - is repeated. How to fix?

[Wayan_Pedjeng]

I am trying to install the Veil wallet for the past 3 weeks and it is not yet completed. The rate of progress is like 0.5% per hour and now after almost one month, it is around 89% completed. The most frustrating thing is that sometimes it crashes all of a sudden and then starts from a much earlier point (like 70% or 75%) and then progress at snail's pace.

Your computer is very slow, mine were doing %4-5 for an hour. Also, you don't need to sync for weeks, just use a snapshot.

Here is the details (where can you find a snapshot and how to use it): https://veil.freshdesk.com/support/solutions/articles/43000478708-how-to-use-a-snapshot

Yes... my net connection is a bit slow (around 256 KBPS). But now I have achieved 96% sync and therefore I don't want to use a snapshot. I hope that the sync will be completed in one or two days. But this is a big negative for the new users. I am sure that a lot of people who want to install the wallet will find the wallet size too big.

[||bit]

Need help: I downloaded the latest snapshot, after the wallet loads up the missing blocks - wallet closes. When I re-enable the procedure - is repeated. How to fix?

Did you just put snapshot into veil folder? Or did you follow these steps:

"1. Delete all App folder files except wallet.dat, wallets folder, backups folder, and veil.conf
2. Start wallet and allow it to find peers and sync several blocks, then shut it down again
3. Close wallet and use these four snapshot folders in your App folder"

This was from their telegram and when i apply three steps it worked.