Ways To Earn Monero XMR Without Mining

Ways To Earn Monero XMR Without Mining Rating: 6,1/10 8911reviews

Preamble I am writing this guide because Mining Monero with a Vega card, especially when done correctly, can be extremely rewarding, more than any other coin. No other graphic card comes close to matching Vega for Mining Monero. Even the best CPU's for the task like AMD EPYC with 32 cores/64 threads are good, but not as great as Vega. While everyone who is already mining monero with Vega will say 'shhhh!!! Don't tell everyone!' I'm confident that anyone with a Vega card already knows about the cash cow in their possession, and if they don't, they probably aren't interested. Other Stuff When writing this guide I have assumed that the reader (whether a person or artificial intelligence) has a working knowledge of cryptocurrency mining, editing batch files, adding exceptions to windows or 3rd party security software (i.e.

Kaspersky), and the risks involved with mining - like heat generation, damage to other hardware, and power consumption. I assume no responsibility for any consequences of any choices or actions of anyone reading or following this guide.

The following is a list of ways to mine Monero, and what software to use when mining: AMD Cards. XMR Stak 2% Dev Fee (unless compiled yourself) Wolf’s Miner No Dev. XMR.to Monero to Bitcoin only. Monerospelunker Easiest way to start mining with. Corrections or suggestions to hello monero.how Donations for running. Feb 01, 2018 My first Monero (XMR) mining payout. I have done a full deposit to Binance.com for trade. So mining XMR can be a good way to. As it lets almost anyone get started with mining without. That’s it for this beginner’s guide to mining Monero. How to Mine Monero on Your PC. So mining XMR can be a good way to indirectly fill up your bank. That’s it for this beginner’s guide to mining Monero on.

This guide will only focus on setting up a single Vega 56 Mining computer, as anyone building a 6+ GPU system will agree (afterwards) that Vega cards are finicky and the drivers have a mind of their own. I wish to remain headache free, so this guide will teach you how to get a single Vega card mining Monero using Cast XMR Miner for Windows; the rest is on the reader to struggle through. This guide assumes the reader has a basic understanding of computer hardware, and as such the reader is responsible for using an adequate power supply unit (PSU) - gold or platinum 80+ rating is best - with at least 600 watts output on the 12v rail for one Vega card, and an extra 250-300 watts output for each additional Vega card. Using a weak, cheap or undersized PSU could fry your whole setup in cases of extreme failures. You do not want to be pushing a PSU at 100% watt potential either, because a PSU will degrade over time by a small amount, causing power delivery potential to be lower. Consider using a Power Supply splitter if you want to used more than 1 PSU for a single system. This is the smart approach as using a secondary PSU's pci-e cables without being controlled by the motherboard is insanely stupid and will fry power supplies and pci-e splitters/risers (I speak from experience, sigh.).

Also, a PSU is often most efficient between 50-60% load, and efficiency gets worse as the load reaches 100%. Efficiency is the percentage of electrons coming from the wall that end up being used. Because a PSU converts AC power from the wall into DC power for your computer, there is a percentage of electrons that escape and this leakage results in heat generation. This is why a gold or platinum 80+ rating is good, because the components are stronger and less prone to leakage, which means more of the power coming from your wall is being used, and not being turned into heat. If you live in a cold area, maybe terrible efficiency isn't such a bad thing.

How To Earn Monero

Buying a Kill-A-Watt meter to see how much power you are using from the wall can help you determine how much power from the wall your setup is using. By reading and following this guide, you acknowledge that you (and only you) are responsible for any and all damage to any hardware or electrical systems, any data corruption, any lost earnings, and any monetary costs you or anyone else might incur by following this guide. If mining cryptocurrency is illegal where you live, I encourage you to stop reading now - if not, you assume full responsibility in finding out what your local laws are, and in choosing to break them.

I cannot be held responsible in any way, shape or form if anyone (whether a person or an artificial intelligence) chooses to break their regional laws. Also of note, you can CTRL+Shift+Click any link to open it in a new tab instead of this one. That way you won't lose your spot on this guide.

Click for Part 1: Flashing Vega 56 with Vega 64 BIOS Click for Part 2: Installing the AMD Beta Blockchain Drivers Click for Part 3: Tuning Vega's Clocks for XMR Mining Part 4: Mining Monero with Cast XMR Miner for Vega So you've finally made it through the first 3 Parts of this Guide, and you are ready to Mine Monero. If you've stumbled upon this section first, or you decided to skip the first 3 parts, it might be worth it to read through them first before tackling the last part. If you fire up Cast Miner and aren't getting 1.9 KH/s or better, I would read or re-read the first 3 Parts of this guide. So now you've got OverdriveNTool up and the numbers dialed in. You have GPU-Z open to the Sensors tab. The final step is to get your Miner up and running.

Head on over and scroll down to the bottom of the first post for the download link. The Miner will be stored in a Zip file, so you know what to do. There will be 2 files in the folder.

The.bat (or batch) file, and the main executable file. Right-click the run.bat file and click 'edit' in the list. The file by default should look like this in notepad: This is where you have to make a decision. Where do you want the funds transferred to, and what mining pool do you want to mine with? The first part is fairly straight forward. There are several ways to create a monero wallet of your own.

Unfortunately if you own a Ledger Nano S, Monero is not supported currently, but maybe it will be by the time you're reading this. Until then, might help you. I have no idea who wrote it or made that website, but it looks straight forward enough.

Then there is the choice of a mining pool. There are plenty out there, although I personally use nanopool. I am not affiliated with nanopool in any way, nor is this a shameless plug for them; it is simply the pool I use and therefore know.

It also happens to be the pool that cast miner is set up for by default. CTRL+Shift+Click to go to there help page. Other XMR pools will have similar help sections, although at first they can seem overwhelming. Unfortunately, none of the miners they list will work with Vega. You could use the XMR STAK AMD miner with Vega (not listed in nanopools help section), but the setup and tweaking is more complicated with that miner, and you end up with a lower hash rate anyway.

Cast Miner on the other hand is much simpler. There is a list of different servers you can mine to with nanopool, but for me I live in the East of North America, so xmr-us-east1.nanopool.org is best for my location. So if you use nanopool, your run.bat file would follow this format: You would simply replace your_monero_address with your actual monero wallet address. Same with payment_id, worker_name and email_address.

Make sure to follow the address.id.worker/email format. You technically can leave out the worker_name and /email_address, but its better to have those to change your payout threshold, at least with nanopool. If you have more than one graphic card in your system, you can specify which graphic cards should be used by adding the -G command onto the end after the email address. Let's say you have 2 vega cards in slot 1 and 2 of your motherboard.

The run.bat file would look like: In some cases, you may have more than one OpenCL platform in place, so you might then have to play around with the '--opencl' command. You can try --opencl 1. If that doesn't work you can try --opencl 2, or 3 etc. This occurs in cases where you might have another integrated GPU on the cpu being used already, or an Nvidia card in use. Otherwise, you shouldn't need to use the --opencl command. Decred DCR Mining Difficulty Setting.

If you do, the run.bat file from before would now look like this: Once you have everything in place; your wallet, your mining pool selection and your run.bat file for Cast Miner, you should be ready to roll. If Wattman hasn't been forced to crash and restart, and you have HBCC enabled in Radeon settings, than you should be getting decent hashrates. At 1050Mhz on the memory, this is what you should be seeing with a single Vega 56 flashed with a 64 BIOS.

You can right-click the picture and open in a new tab to see a larger version. Remember that if your ambient temperature is higher, you may need to increase the fan speed, or decrease the memory clocks. With good enough cooling, you can push Memory clocks to 1100Mhz or higher, making sure HBM temperature stays below 80 degrees Celsius at those clocks. The further you can push memory clocks (while stable and kept cool enough) the higher your hashrate will go, even breaking 2000 H/s if you're lucky.

If you have a liquid cooled Vega card, this is a no-brainer. But the silicon lottery plays a part here as well. Just because one card can reach a certain frequency, you aren't guaranteed to get those clocks on another card; It's a matter of luck. Also remember that if your overclock is unstable and Wattman crashes and restarts, you will need to reinitialize the driver for your Vega card(s) and turn the HBCC in Radeon Settings off and back on again.

Missing any of these important steps will result in a lower hash rate, while consuming the same power. It's annoying, but that's part of having the best Monero Miner out there, software bugs and all. This brings us to the end of the Guide. Hopefully this Guide has been of help to someone, in some form or another. Even if you are not mining Monero, the first 3 parts of this Guide are useful for mining other coins with a Vega Graphic Card, like Ethereum for example. Click for Part 1: Flashing Vega 56 with Vega 64 BIOS Click for Part 2: Installing the AMD Beta Blockchain Drivers Click for Part 3: Tuning Vega's Clocks for XMR Mining As always, good luck, good wealth and good health to everyone on Steemit. Stay positive towards others and help the community grow.

Thank you for reading and sharing. Comments are always welcome.