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Author Topic: Mining VEIL  (Read 774 times)
MadGamer (OP)
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May 05, 2019, 04:08:39 PM
 #1

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.

dragonmike
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May 05, 2019, 04:10:38 PM
 #2

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.


Whattomine is your friend.
A 1080Ti will probably hash x16rt around 35 MH/s. Easy to do the math for a legendary madgamer like you.
Anthony42
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May 06, 2019, 04:11:03 AM
 #3

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.


Whattomine is your friend.
A 1080Ti will probably hash x16rt around 35 MH/s. Easy to do the math for a legendary madgamer like you.

whattomine does not give accurate information, 40% of the variance in the smaller side
VanDeinsberg12
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May 06, 2019, 08:55:55 AM
 #4

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.


Whattomine is your friend.
A 1080Ti will probably hash x16rt around 35 MH/s. Easy to do the math for a legendary madgamer like you.

whattomine does not give accurate information, 40% of the variance in the smaller side
Not only whattomine but the whole of mining calculators are not 100% accurate.  That's why OP must try to mine it directly and we can only argue about how much hashrate that can produce by 1080Ti and how much will get by Op but at least cointomine is better than whattomine to create a speculation

The result may different but that's not wrong to try that. OP can try to use this to create a speculation about how much he will get from mine and try to make a comparison with run staking
https://cointomine.today/calculator/coin/VEIL/

.......[url]CHOOSE LIFE      CHOOSE SPACE      CHOOSE FRIENDS...........[URL].....►  C O M I N G   S O O N.....
MadGamer (OP)
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May 06, 2019, 01:21:21 PM
 #5

Whattomine was totally inaccurate and kept giving me negative profit for some reason, even though I was setting the electricity to 0$. Cointomine gave better and much realistic results.

I want to know though, is it possible to basically mine and stake at the same coins that are being mined, automatically without the need of refreshing some settings or restarting etc.?
Galantin
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May 06, 2019, 01:26:29 PM
 #6

I watched a few videos on YouTube. 4 months ago from 1080 it was possible to get 20-25 MH / s and I thought now the complexity has increased significantly. Well, there are about 10 pools where you can join.

                          veil                            /////  PRIVACY WITHOUT COMPROMISE.  /////
https://veil-project.com/
john2231
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May 06, 2019, 04:11:39 PM
 #7

I'm mining veil and I will show you my screenshot hashrate with GTX 1080ti below.



As you can see I'm currently have around 33 hashrate but I just set the clock for much efficiency that is why the watt is low compared to stock clock.

This is not accurate and sometimes the hashrate shows 45 because the hashrate is depends on the hash order.

If you are planning to mine veil try to play the intensity 19 to 23 but for my GTX 1080ti I set it to intensity 23.
Mr.Ease
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May 06, 2019, 04:56:18 PM
 #8

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.


At current prices, mining is not profitable. But if your looking to gather some coins for the long run, I suppose small mining would be a good idea.
As for staking - Your going to need a large amount of coins to see consistent blocks.

You would be better off getting on an exchange and buying. There was a recent price collapse, so getting a bag is much cheaper than it was 2weeks ago.

~ Too Many Scams, Schemes, and Shitcoins... ~
Abal Abal
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May 08, 2019, 06:12:19 AM
 #9

maybe we still need to learn more about this veil coin, because this coin still appears on the surface, and we still can't determine how profitable this coin .

mak013
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May 08, 2019, 07:26:33 AM
 #10

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.


At current prices, mining is not profitable. But if your looking to gather some coins for the long run, I suppose small mining would be a good idea.
As for staking - Your going to need a large amount of coins to see consistent blocks.

You would be better off getting on an exchange and buying. There was a recent price collapse, so getting a bag is much cheaper than it was 2weeks ago.
Even with such prices VEIL mining is one of the most profitable now. This gives 10% greater profit than ETH. May be BEAM with last gminer is better, but i havent tried it yet.


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panjay
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May 08, 2019, 07:48:38 AM
 #11

maybe we still need to learn more about this veil coin, because this coin still appears on the surface, and we still can't determine how profitable this coin .

What do you mean about learn more? you put a VEIL signature and you don't have any idea or something?

about the price, I think we can determine to some extent like that guy with awesome SS above.




~snip
You would be better off getting on an exchange and buying. There was a recent price collapse, so getting a bag is much cheaper than it was 2weeks ago.

I second this, maybe you want to wait a little more because VEIL doing some bounty (as you can see on my sign) and after distribution that will happen this month, there will more "discount" if you looking to buy more.
Beyerd17
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May 08, 2019, 08:24:51 AM
 #12

I think its much better to mine when the price of Veil is low, like it is right now. Later when the price rises, mining difficulty will also rise as more miners chime in to mine.
john2231
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May 08, 2019, 12:54:24 PM
 #13

~snip
You would be better off getting on an exchange and buying. There was a recent price collapse, so getting a bag is much cheaper than it was 2weeks ago.

I second this, maybe you want to wait a little more because VEIL doing some bounty (as you can see on my sign) and after distribution that will happen this month, there will more "discount" if you looking to buy more.
Agree with this it is better to wait after the bounty distribution before you buy so that you can buy cheaper price.

If the bounty paused or stop there is possibility that the price of VEIL increase more than 100% to 1000% due to active developer and upcoming events.
Denongels
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May 08, 2019, 01:37:06 PM
 #14

I think its much better to mine when the price of Veil is low, like it is right now. Later when the price rises, mining difficulty will also rise as more miners chime in to mine.
Indeed, in my opinion, it is still profitable to mine now, except that the GPU in need must be 1080 minimal because the ROI is felt enough, whereas if using VGA like 1050ti there is no ROI obtained

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May 08, 2019, 02:35:48 PM
 #15

My question is why does everyone have these Veil Avatars?
BitBustah
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May 08, 2019, 02:47:48 PM
 #16

Be careful, there are a lot of shills promoting this coin.  It looks to be another premine pump and dump by "devs" that just want quick money.

Mine established coins or something that actually has a fair launch.
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May 08, 2019, 03:01:32 PM
 #17

My question is why does everyone have these Veil Avatars?

The Vail campaign program is still ongoing, there are still a few months left, there are still opportunities to participate in the campaign.
Distribution is done every month,
Thread https://bitcointalk.org/index.php?topic=5125073.0
sandra_x
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May 08, 2019, 03:46:04 PM
 #18

I was looking at some POS coins and some people suggested VEIL (POS/POW), it's apparently a new privacy-based coin.

I was originally interested in staking but does anyone know how profitable is it to mine it? I have my computer online most of the time (1080 Ti - i7-7700k) and I was wondering If I could mine using that since it's a new coin and probably the difficulty is not that much.


With your system always online, I think staking about 13000 veil will give about 50 veils are reward. It seem more profitable than the POW.(Ps reconfirm before you run it)
superstarbtc
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May 08, 2019, 03:46:40 PM
 #19

maybe we still need to learn more about this veil coin, because this coin still appears on the surface, and we still can't determine how profitable this coin.

Yes, everything depends upon the development they do in the market and even the price is also based on the thing they do in the market. Right now the option is very much interest to mine this coin which is profitable at the current price.
kronos123
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May 08, 2019, 06:52:00 PM
 #20

All the coin Pow and all the mining depends on two things only: cost of the current and place where you extract; Kw at 0.05 / 0.07 in a cold place is different from Kw at 0.05 but in a warm, very hot place.
For these two reasons, mining is almost always inconvenient on all the coins already on the market; for the still unknown coins and not yet on the exchanges it can be a good idea.

For the Pos stakeout we talk about 10% a month, but you must have a bag of about 10,000 coins, and you must always be connected.
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