the Veil Project Mining- Privacy without Compromise

[poodle63]

I learnt that Veil's design is quite structured to make Mining easier. A friend mining with Nvidia 1660s and 1660tis which they are mainstream Gaming GPUs has confirmed the good returns it offers

How much your friend can get the hashrate power for your each 1660 and 1660 ti? i wanna try to create a comparison with my own and i hope you can give me a little insight about how much that. Veil is the next major privacy coin and it has a huge potential.

[Esterklu]

There are mining pools, but i have not found any info about staking pools. Currently i can't buy the minimum 10k of Veil coins that is need for a successful staking, in order to receive to receive stakes daily. I can afford less, let's say 3-4k for the moment. So, i have a question: is there any staking pool where i can enter with a less amount, but receive stakes more frequently?

[Alucard2425]

I have started mining Veil with my RX 580 and its making good hash i use wildrig and easy to use 

[Mr.Ease]

There are mining pools, but i have not found any info about staking pools. Currently i can't buy the minimum 10k of Veil coins that is need for a successful staking, in order to receive to receive stakes daily. I can afford less, let's say 3-4k for the moment. So, i have a question: is there any staking pool where i can enter with a less amount, but receive stakes more frequently?

No there is no staking pools. There will be according to the roadmap, or somewhere it says they will be adding that feature. Or off-line staking?

In anycase - if you have 3-4k you will stake a block like 2x per week. That's some decent action. Or are you concerned about keeping your wallet running 24/7?   

[studio1one]

I have been thinking about switching to a different miner. Right now using suprminer.

While mining is it possible that two different miner software can give us two different results? I mean is it possible that one miner will give us slower speed compared to another?

Instead of mining can we stake the coin in their wallet will it help us to make some decent profit or not? What was the percentage they allocated to the people who are holding the coins in the wallets?

Yes, you can definitely stake VEIL and make a decent profit but you will need to start with over 10k VEILs (even more now) in order to get a stake daily. I am still staking around 3k VEIL but now I am getting a reward every 5-7 days

Oh, 10k Veil means really very huge amount because the price of Veil has increased to 0.3$ nearly and in order to stake 10k means nearly it will cost us 3000$, so on a weekly basis how much money you are going to make in the coming days?

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

[Keadyar]

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

You're right. I know that with a balance of 13,000 VEILs coins, you can receive 50 VEILs coins daily. This is a great chance to earn coins.

[Darkoth89]

I have been thinking about switching to a different miner. Right now using suprminer.

While mining is it possible that two different miner software can give us two different results? I mean is it possible that one miner will give us slower speed compared to another?

Instead of mining can we stake the coin in their wallet will it help us to make some decent profit or not? What was the percentage they allocated to the people who are holding the coins in the wallets?

Yes, you can definitely stake VEIL and make a decent profit but you will need to start with over 10k VEILs (even more now) in order to get a stake daily. I am still staking around 3k VEIL but now I am getting a reward every 5-7 days

Oh, 10k Veil means really very huge amount because the price of Veil has increased to 0.3$ nearly and in order to stake 10k means nearly it will cost us 3000$, so on a weekly basis how much money you are going to make in the coming days?

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

You don't need to have 1k VEIL either. You can start staking with only 10 VEIL (it has to be Zerocoin though). But then you'll hardly get any rewards. The number of 10-13k VEILs that is talked about is the amount you need to find (approximately) one POS block every day.

[sirohige]

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

You're right. I know that with a balance of 13,000 VEILs coins, you can receive 50 VEILs coins daily. This is a great chance to earn coins.

this can be a good parable, when you have a veil capital for staking then it can get a very fast profit or at least the return on capital (ROI) of capital you use, the calculation of the 13,000 veil of your capital, if the income from staking remains stable every day get 50 veils then you only need 260 days to return the capital you use for staking.

Note: This can work according to the above calculation if it is staking stable, if the results of staking are greater than this then this is your luck.

[Coffeehot]

It reminds me of monero. What makes me regret is that I missed MONERO's best time to dig. Veil has great value in the future, not far away. I have already started mining it.

[trashman43]

This is the hottest coin right now - This project is going to break into the Top100 by the end of the year, mark my words...

As for mining - I'm in the process of setting up my computer to GPU mine - Complete newbie at it, but I want to get in on this mining action while the difficulty is low.

Until I get my own miner though, I'm currently renting rigs on miningrigrentals.com as there are a few rigs mining the x16rt algo.

Not that it's profitable to mine and sell - but technically it is cheaper to get veil this way since the market sell side is thin... Any buy will rocket launch the price.

I don't really agree with you on the fact that veil is the hottest coin.  I do believe  that Veil is gonna introduce a different perspective into privacy coin and increase the level of anonymity in the crypto ecosystem but I don't see it being the hottest coin right now. 

[sh4dtechnr]

I really like how this project started, how it is thought out and implemented at the moment. I think this coin has a very good future, I am very bullish about veil.

[r32godzilla]

This is the hottest coin right now - This project is going to break into the Top100 by the end of the year, mark my words...

As for mining - I'm in the process of setting up my computer to GPU mine - Complete newbie at it, but I want to get in on this mining action while the difficulty is low.

Until I get my own miner though, I'm currently renting rigs on miningrigrentals.com as there are a few rigs mining the x16rt algo.

Not that it's profitable to mine and sell - but technically it is cheaper to get veil this way since the market sell side is thin... Any buy will rocket launch the price.

According to website: "No ICO. No premine. Veil's blockchain is secured via Proof-of-Work and Proof-of-Stake"
This is another privacy coins that will be distributed among users fairly, same like Grin, that´s why people should look about coins that are fairly distributed among users instead of distributed among few whales that can control the whole network. 

Every coin has whales, people those who have money to invest will buy veil and become a whale.

But it is diffrent when whales buy a lot of coins and will pump the coin, or they get them for free (because they created the cryptocurrency).
Whales are not buying everything, they are very careful with big investments. 

[Alpha0One1]

I'm supporting Veil as I like the no premine and PoS/PoW combination.
It's also privacy by default. Not some other coins where you need to enable privacy.

[Kasperiko]

I'm supporting Veil as I like the no premine and PoS/PoW combination.
It's also privacy by default. Not some other coins where you need to enable privacy.

The only thing that the team still lacks is a normal wallet that works without problems.
The latest security update shows that not everything is fine. And with security, it’s important that everything is 100% perfect. The team quickly solves problems, but the wallet is still raw.

[asriloni]

I have been thinking about switching to a different miner. Right now using suprminer.

While mining is it possible that two different miner software can give us two different results? I mean is it possible that one miner will give us slower speed compared to another?

Instead of mining can we stake the coin in their wallet will it help us to make some decent profit or not? What was the percentage they allocated to the people who are holding the coins in the wallets?

Yes, you can definitely stake VEIL and make a decent profit but you will need to start with over 10k VEILs (even more now) in order to get a stake daily. I am still staking around 3k VEIL but now I am getting a reward every 5-7 days

Oh, 10k Veil means really very huge amount because the price of Veil has increased to 0.3$ nearly and in order to stake 10k means nearly it will cost us 3000$, so on a weekly basis how much money you are going to make in the coming days?

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

You don't need to have 1k VEIL either. You can start staking with only 10 VEIL (it has to be Zerocoin though). But then you'll hardly get any rewards. The number of 10-13k VEILs that is talked about is the amount you need to find (approximately) one POS block every day.

Basically more coins and more rewards and less coins and you will get less reward from staking your veil. This is how POS system works. Basically that is the same like how much stock that we get to able get the dividend from the network.

[Galantin]

In my opinion this is a promising project. And it is worth setting your equipment to its prey. The fact is that this project can become number 1 among all anonymous cryptocurrencies. Study it in detail.

[Saugani]

I'm supporting Veil as I like the no premine and PoS/PoW combination.
It's also privacy by default. Not some other coins where you need to enable privacy.

well, sometimes that matters we always ask if the mineable coins with use consensus main-PoW, whether it has pre-mine.

Yup...they are working full time and are building as project has a success. what I like this where the majority of experienced back-end team and to be honest I follow this project, namely as the candidate will be successful.

newly this we’ll grow sure where they're very transparent to the community is certainly as well community like a trader, holder etc, you can visit here to see some wallets for the development project, we all surely know by Messari research and open-source library

[dragonmike]

Does anyone in here know whether the newly-implemented precompute has any impact on the staking frequency of smaller denoms of 10 and 100?

I'm still intending to re-mint those to 1000's... Unless I'm being told it doesn't matter anymore.

[superstarbtc]

I have been thinking about switching to a different miner. Right now using suprminer.

While mining is it possible that two different miner software can give us two different results? I mean is it possible that one miner will give us slower speed compared to another?

Instead of mining can we stake the coin in their wallet will it help us to make some decent profit or not? What was the percentage they allocated to the people who are holding the coins in the wallets?

Yes, you can definitely stake VEIL and make a decent profit but you will need to start with over 10k VEILs (even more now) in order to get a stake daily. I am still staking around 3k VEIL but now I am getting a reward every 5-7 days

Oh, 10k Veil means really very huge amount because the price of Veil has increased to 0.3$ nearly and in order to stake 10k means nearly it will cost us 3000$, so on a weekly basis how much money you are going to make in the coming days?

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

In order to make a good amount of money through staking, we have to risk but how far we can justify the company, it is a very new company which we don't know how far they can develop in the future and investing that much amount is always risky one.

[fortunecrypto]

I have been thinking about switching to a different miner. Right now using suprminer.

While mining is it possible that two different miner software can give us two different results? I mean is it possible that one miner will give us slower speed compared to another?

Instead of mining can we stake the coin in their wallet will it help us to make some decent profit or not? What was the percentage they allocated to the people who are holding the coins in the wallets?

Yes, you can definitely stake VEIL and make a decent profit but you will need to start with over 10k VEILs (even more now) in order to get a stake daily. I am still staking around 3k VEIL but now I am getting a reward every 5-7 days

Oh, 10k Veil means really very huge amount because the price of Veil has increased to 0.3$ nearly and in order to stake 10k means nearly it will cost us 3000$, so on a weekly basis how much money you are going to make in the coming days?

You can start staking with 1k VEIL but the only problem is you won't get your rewards that frequently. In order to get rewards every day, you must increase your holding to at least 10-12k. Each stake gives us 50 VEILs.

With the current price of $0.32 and you need 10000 veils to stake that's $3200, good for whales who trust this coin that will give them a good profit, I'm looking forward to mining this coin and get my shares from bounty hunting so I can stake this coin, so what do you think the potential price of this coin in the future?