Aleo mining

[FP91G]

1. Obtain suitable hardware and software
Aleo can be efficiently mined with NVIDIA GPUs. For each GPU, you may get the following ready:
GPU: NVIDIA GPU with driver version 515 or above.
CPU: 8-core CPU
Memory: 8 GB
SSD storage: 128 GB
https://f2pool.io/mining/guides/how-to-mine-aleo/


f2pool has launched the mining services on Aleo testnet 3, as the incentivized testnet stage has been activated.
Please kindly note that, in order to receive incentivized testnet rewards, KYC process is required after launching the mainnet. If f2pool cannot pass through KYC by the Aleo project team, we will not be eligible to receive rewards from the network and thus cannot distribute them to you.
https://f2pool.zendesk.com/hc/en-us/articles/13206466235417

So far only nvidia graphics cards


https://www.zionodes.com/blog/how-to-mine-aleo-a-node-setup-guide-for-beginners

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[Daltonik]

So far, Aleo is being mined in the test network and more than 14,000 full nodes have been launched, the developers promise to transfer everything mined to the main network after its launch. Besides, mining is possible only on Linux, I wanted to try how the RTX 4090 and core i9-12900KF assembly will mine, but so far there is not enough time, and then maybe there will be no sense anymore.

Upd: I tried mining on a pool anyway hpool.in and I turned it off, because the processor loads heavily, besides, after the launch of the main network, the coins mined in the test network will be converted at the rate of 5:1. RTX 4090 outputs 370 h/s somewhere, another damominer miner reports at startup that your gpu is not supported.

[Bitcoin_Arena]

Please kindly note that, in order to receive incentivized testnet rewards, KYC process is required after launching the mainnet. If f2pool cannot pass through KYC by the Aleo project team, we will not be eligible to receive rewards from the network and thus cannot distribute them to you.
https://f2pool.zendesk.com/hc/en-us/articles/13206466235417

KYC in order to receive the mining rewards... wooow.

It got me asking myself a question. Why is it necessary for a miner to first get KYC verification? It's not like they are trying to launder money or finance terrorists, they are actually helping the network run.

Does anyone know a good reason why they KYC miners?

[JayDDee]

Please kindly note that, in order to receive incentivized testnet rewards, KYC process is required after launching the mainnet. If f2pool cannot pass through KYC by the Aleo project team, we will not be eligible to receive rewards from the network and thus cannot distribute them to you.
https://f2pool.zendesk.com/hc/en-us/articles/13206466235417

KYC in order to receive the mining rewards... wooow.

It got me asking myself a question. Why is it necessary for a miner to first get KYC verification? It's not like they are trying to launder money or finance terrorists, they are actually helping the network run.

Does anyone know a good reason why they KYC miners?

It seems phishy to me. Do your own KYC inquiries on them before divulging any of your own info.

[Daltonik]

Please kindly note that, in order to receive incentivized testnet rewards, KYC process is required after launching the mainnet. If f2pool cannot pass through KYC by the Aleo project team, we will not be eligible to receive rewards from the network and thus cannot distribute them to you.
https://f2pool.zendesk.com/hc/en-us/articles/13206466235417

KYC in order to receive the mining rewards... wooow.

It got me asking myself a question. Why is it necessary for a miner to first get KYC verification? It's not like they are trying to launder money or finance terrorists, they are actually helping the network run.

Does anyone know a good reason why they KYC miners?

Well, this is the decision of the development team, I think these are the requirements of regulators, but in general it is strange to say that the purpose of Aleo is to create private applications on a private blockchain and at the same time introduce mandatory KYC. Also, if you mine on a pool, then the pool will undergo verification and not individual miners, there are no details for individual verification yet. Probably, the list of countries under sanctions will be the same as for ambassadors, these are countries such as Cuba, Iran, North Korea, Russia, Syria, Crimea, Donetsk, and Lugansk Regions of Ukraine.

[sxemini]

Please kindly note that, in order to receive incentivized testnet rewards, KYC process is required after launching the mainnet. If f2pool cannot pass through KYC by the Aleo project team, we will not be eligible to receive rewards from the network and thus cannot distribute them to you.
https://f2pool.zendesk.com/hc/en-us/articles/13206466235417

KYC in order to receive the mining rewards... wooow.

It got me asking myself a question. Why is it necessary for a miner to first get KYC verification? It's not like they are trying to launder money or finance terrorists, they are actually helping the network run.

Does anyone know a good reason why they KYC miners?

It seems phishy to me. Do your own KYC inquiries on them before divulging any of your own info.

This is against the philosophy behind crypto/blockchain in my opinion. I find this also very fishy and suspicious.

[Bitcoin_Arena]

Also, if you mine on a pool, then the pool will undergo verification and not individual miners, there are no details for individual verification yet. Probably, the list of countries under sanctions will be the same as for ambassadors, these are countries such as Cuba, Iran, North Korea, Russia, Syria, Crimea, Donetsk, and Lugansk Regions of Ukraine.

If they have blacklisted counties, then that mean they will eventually force pools to KYC individual miners. Just like how crypto exchanges start with no KYC, then partial KYC verification and then eventual mandatory KYC verification. It will be more like a requirement for the pool to do before receiving rewards.

Quite strange to me that they even have a blacklist  

[JayDDee]

And residents of USA & Canada are not eligible. They also don't have any info about themselves like what country they are operating in.
They must be in a USA sanctioned country if they exclude USA. But why just USA & Canada, why not also UK, EU, AUS, NZ?

Very supicious and way too political.

Besides any coin that tries to be exclusive for any reason is likely doomed.
Crypto success is a popularity contest. Some people are attracted to the cachet of exclusivity but this is not a trendy nightclub
with queues around the block of people waiting to be chosen to be let in.

[FP91G]

RaveOS added Damominer for mining Aleo
HiveOS does not yet have the ability to mine this coin
https://t.me/koliamainer/8490

Discussion of raveos on the bitcointalk forum
https://bitcointalk.org/index.php?topic=5120074.msg61440802#msg61440802
CHANGELOG
https://raveos.com/changelog.html#vBETA%208857-2173


MINIMUM SYSTEM REQUIREMENTS
Intel® Core™ 2 or better / AMD am3+ or better
4GB RAM*
4GB drive (HDD/SSD/M2/USB)
* For ETH mining on RX Vega 56, RX Vega 64, Radeon VII, RX 5700 you will need 6GB RAM
https://raveos.com/installation.html

[Xeon_Xeon]

KYC to mine a blockchain for privacy applications? LOLOLOLOLOLOLOLOL

[Bitcoin_Arena]

KYC to mine a blockchain for privacy applications? LOLOLOLOLOLOLOLOL

Sounds bogus, isn't it? 

It reminds me of the old days when random "devs" would create an ERC20 token on Ethereum network and them make a bold claim that their new token (Like Ethereum dark, Ethereum Blue or Ethereum White) would process transactions 100 times faster than Ethereum and then gullible newbies would actually buy it.

[SadGoodbye]

KYC to mine a blockchain for privacy applications? LOLOLOLOLOLOLOLOL

I thought this Aloe project is different, asking KYC means the team doesn't even know what they are doing, why is a proof of work privacy project asking for KYC, it makes no sense.

[aklakl]

300m fundraised, its ok. But KYC for crypto on testnet?

[minimalistic]

There is no KYC on testnet minig. The KYC is probably will be on mainnet. Anyway mining speed is quite poor and the reason of this network not understandable at all.

[FP91G]

Mining a coin on the zkSnark algorithm requires powerful processors, so Chinese manufacturers are already actively making cases for miners. So far, Nvidia video cards are leading on this algorithm.

For 6 GPUs
CPU 2 x 2698V3
RAM 64G
SSD 128G
Mobo X99 board
Power supply 2500W

Price: 640 USDT

https://t.me/MiningGuru46/946

Informational post, not advertising.

[FP91G]

There is no KYC on testnet minig. The KYC is probably will be on mainnet. Anyway mining speed is quite poor and the reason of this network not understandable at all.

Now mining is on the testnet, but then these mining rewards will be converted to the mainnet. KYC is only needed on solo mining, if you mine on a pool, then KYC will be done by the owner of the mining pool. But there is a problem, if the mining pool does not pass KYC, then the miners will not receive rewards in the mainnet.

[zkajis]

Hello, i am new in Aleo mining, i set up 4x3070Ti, got 8400 P/s with DamoMiner 2.3.8, i make my own linux not HiveOS, and my question is when will i approximately mine block and how much Aleo is reward per block, does anybody knows that, thanks

[FP91G]

Hello, i am new in Aleo mining, i set up 4x3070Ti, got 8400 P/s with DamoMiner 2.3.8, i make my own linux not HiveOS, and my question is when will i approximately mine block and how much Aleo is reward per block, does anybody knows that, thanks

Look
https://aleo.zionodes.com/

Running an Aleo Node with your own setup is a tedious task, but it is manageable. To do so, you will need at the very least the following system requirements:
CPU: 16 Cores (32 preferred)
RAM: 16GB (32 preferred)
Operating System: Ubuntu 20.04 is recommended, but 18.04 should work
Storage: 128GB
Network: 50 Mbps Upload/Download
https://zionodes.com/blog/how-to-set-up-aleo-mining-pool

I didn't find this coin on https://miningpoolstats.stream/.
It seems that its mining is over and now you need to make a node.

[sxemini]

Hello, i am new in Aleo mining, i set up 4x3070Ti, got 8400 P/s with DamoMiner 2.3.8, i make my own linux not HiveOS, and my question is when will i approximately mine block and how much Aleo is reward per block, does anybody knows that, thanks

Look
https://aleo.zionodes.com/

Running an Aleo Node with your own setup is a tedious task, but it is manageable. To do so, you will need at the very least the following system requirements:
CPU: 16 Cores (32 preferred)
RAM: 16GB (32 preferred)
Operating System: Ubuntu 20.04 is recommended, but 18.04 should work
Storage: 128GB
Network: 50 Mbps Upload/Download
https://zionodes.com/blog/how-to-set-up-aleo-mining-pool

I didn't find this coin on https://miningpoolstats.stream/.
It seems that its mining is over and now you need to make a node.

Aleo was never listed on miningpoolstats.stream - it is mineable. Also it is not listed on coinmarketcap or any reliable exchange. It is in testnet3 state.

You posted the requirements for an Node for your own mining pool, so it is mineable, but not worth - testnet3

[FP91G]

According to the team’s plans, the Aleo mainnet is planned for Q4 2023. Miners will be able to exchange their test coins for real ones. Previously, the launch of the mainnet was planned for the summer of 2023. Maybe this coin will have a positive effect on the profit of miners on video cards.