Topic: CPU mining is still alive and kicking! (Read 1452 times)

True, and we have a document for Verium on Slack, that has a lot of different CPU's with Memory configs on it, including what OS....yes Linux gives a 20% boost on average, comparing it to windows.
Just type !hashcomp in any of https://vericoinandverium.slack.com/ channels

okay but you can also easily check your hashrates via hashrates.org and calculate the profit on the pools calculator of your favorite pool 

So, have any of you stepped in, to try verium?

I'll give this a try. Thanks man!

I am seeing so much bad/incorrect information in this thread related to Verium Mining. I would like to clear up a few things as an experienced VRM miner.

1. Yes, an rpi is fine to mine with. A 3b will get you about 180h\m with a custom kernel and miner. (both are available in the slack) considering it only uses 3-4 watts it will be profitable, but don't expect to make thousands of dollars.
2. Buying hardware to mine verium is very profitable. (you have to know what to buy)  i have spent thousands of USD in the past several months on vrm mining hardware and it will get ROI in a few more months.
3. Mining in the verium vault is "Solo" mining and will take days or weeks to find a block with a normal computer.  it is recommended you have 15K h/m to solo mine verium.  Join a pool if your hash rate is low. To join a pool you need a command line interface miner like "cpuminer-opt" or "Effect2Cause Verium Miner" you can not pool mine from the vault as of now. (this is a planned upgrade/improvement)
4. You can use your everyday computer for verium mining, however anything older than 7-8 years may be questionable, give it a try and find out.  depending on the hardware you might notice a slow down or you may not.  If you do notice a slow down reduce the number of threads you are mining with.
5. Verium mining will not slow down your GPU mining as long as your allocate the correct number of threads to the GPUs.
6. You can mine Verium with your android cell phone.  install app "gnroot", install miner and start mining. (there is a you-tube video)


Here are some basic profitability #'s for bought hardware:
2U Server: Quad AMD 6276 with 32GB RAM (16 x 2GB) and a 64GB Thumb drive pulls about 650W and produces 12,400 H/m and cost $500 - $600
This generates about 1.5 VRM per day at current difficulty which is worth about $4.5 today.
it cost about $1.4 per day for electricity at $.09 kWh and 650W leaving me a profit of $3.1 per day.

ROI is 5 - 6 months.

I personally feel VRM is very undervalued and when the VRM/VRC binary chain is created their value will rise.

It's not effective. You will get CENTS.

I added some pools to the main post....and I’ll just stick em here too, haha.
Be sure to check the admins on Slack, should you need help!

http://vrm.bitcoinemail.org Admin = @niteuser
https://beertendr.com Admin = @hillbillyhacker
https://www.poolium.win Admin= @NickN
https://pools.bloxstor.com Admin = @seion
https://vrm.poolsloth.com Admin = @senicar
https://vrm.mining-pool.ovh Admin = @mderasse
https://vrm.poolinat0r.com Admin = @testbug
https://vrm2.poolinat0r.com Admin = @testbug

vericoin is not mineable, that is a staking coin, you need to have some, to earn some......vericoin is mineable, preferably in a pool, unless you can get your hashrate above 30kh/m

I am mining on my home server which is always powered on anyways and I don't need all the CPU power for the server functions. So I just dedicate half of the CPU cores for mining. Yes it needs a bit more electrical power doing that but I earn more than the increased cost of the electricity. I also put one GPU in the server and together they earn more than all the power cost for the server.

What if you have an older computer that has already paid off its value with its work, but is it still strong enough to be able to dig up some crypto currencies? Will you still use it for ordinary surfing and CPU mining or will you throw it off? Btw. soon come new projects for CPU mining such as JSEcoin and Nimiq.

tried to mine vericoin with pc and mac.
both mined no more tnan total zero.
not even one part of a million.

Okay, so when everyone is using GPU’S the playingfield is levelled....unless you get a $500,= gpu....then you have a bit more......some have 12 per rig and so on.....right?

So what if people mine cpu only coins, read cpu only, so gpu will not work.
When you buy a 500,= CPU....You have a pretty big one, or you can buy 7 small ones, like xu4 odroids to mine....very efficient little buggers.

Don’t compare e them too much, cpu and gpu mining are different things.

I think it depends on your circumstances and your goals. Some people, like myself, are looking to hold for medium/long term profits. If I had no way to GPU mine a coin I really believed in, I would be happy there's an option to get me in the game. In fact, that's pretty much how I started in crypto, and I'm happy I scraped together what I could before this year's series of price explosions. My GPUs are currently pointed @ BTG, and I mine ETN w/ that CPU because I want both in my portfolio without having to spend actual money.

I think mining with a CPU is not an effective form. I've also tried to exploit some altcoin with the CPU, but it's not profitable for me because the performance is not high. In my opinion, you can use GPU or some professional exploiting machine will bring more efficiency.

Never give up if you believe in something...go with your instincts

In my opinion CPU mining is not good way to make money. GPU gonna be much better and more productive

Would you have a software to suggest to mine ETN ? 

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I'm using XMR STAK (cpu-only version, haven't had much luck w/ the new unified edition), mining ~8 ETN/day (using an AMD FX-4300)

thanks for info

What level of profitability can be expected?

I assume it is profitable in terms of power consumption but the component cost of buying a machine means it is only intended for use by already owned systems.

What are the future price prospects for the coin?

In late 2015, I mined Monero with CPU. Then it was $ 0.2 and everyone told me it was not worth it. For a few months I mined and gave up. Now I have a beautiful couple hundred $ in Monero and I'm sorry that I gave up.