Verge (XVG) Mining Tutorial - Do not believe FUD, Wraith Protocol works!

in #cryptocurrency7 years ago (edited)

Ok so as most people know by now, Verge missed the NYE deadline for releasing Wraith Protocol. People have spread alot FUD, mostly Haters, and Weak traders that panic sold their coins at a loss. Wraith Works, do not panic sale, HOLD, and soon its the MOON.

Now lets Learn to Mine Verge !

wraith shields.jpg

Official Website of Verge - https://vergecurrency.com/

** Link to Verge Wallet - https://github.com/vergecurrency/VERGE/releases**

Specifications
Symbol: XVG
Algo: Scrypt, x17, groestl, blake2s, and lyra2rev2
Block Time: 30 seconds
RPC port: 20102
P2P port: 21102

SOCIAL MEDIA , ETC...

https://www.facebook.com/VERGEcurrency/

https://twitter.com/vergecurrency

https://bitcointalk.org/index.php?topic=1365894

https://www.reddit.com/r/vergecurrency/

https://t.me/VERGExvg

https://discordapp.com/invite/vergecurrency

https://www.linkedin.com/company/18250951/

https://www.instagram.com/official_vergecurrency/

https://vergecurrency.com/blog/

https://steamcommunity.com/groups/vergecurrency

MINING TUTORIAL

Go to the VERGE wallet link I provided and download the latest wallet for your OS. I will using Windows for this Tutorial only.

Make you an Address - Make it Stealth if you like.

Here is my XVG Address - DCgeaqPpdB8z8CtyrhbEB4NxoGrZCnKjDu It should look like this.
If this Tutorial helps you, feel free to send a couple XVG my way (NOT REQUIRED) lol

Go over to https://verge-scrypt.miningpoolhub.com/ and if you do NOT have an account create one.

Once you are logged in, Click on WORKERS

Under Add New Worker ** type in anything you want "example" WORKER NAME = WRAITH, WORKER = PROTOCOL
It would look like this under WORKER CONFIGURATION -
YourLoginName.WRAITH** Password would be = PROTOCOL

Now click on WALLET

under PAYMENT ADDRESS put in your Verge address you made in the official wallet earlier.
mine is DCgeaqPpdB8z8CtyrhbEB4NxoGrZCnKjDu for example. DO NOT PUT MINE, PUT YOURS!!!

Next Download your MINER This is what your will use to actually MINE Verge.

I will be demonstrating how to use AMD in this tutorial, however Nividia should be similar.

MINING VERGE WITH AMD

http://coin-lab.com/wp-content/uploads/2014/02/cgminer-3.7.2-windows.zip/

Unzip the folder - Anti-Virus warnings are FALSE !

Windows Defender or Anti-Virus software might cause issues with mining either Disable them, or allow the miner to work around them.

Inside the Miner Folder create a new text document name it START save it as START.bat it has to end in .bat and not .txt

Edit this file, and put this inside of it , clear anything else that is inside.

cgminer --scrypt -I 20 -o stratum+tcp://hub.miningpoolhub.com:20523 -u username.workername -p workerpassword

NOW we will be changing some things so bear with me .

In this section

stratum+tcp://hub.miningpoolhub.com:20523 -u username.workername -p workerpassword

Change UserName.WorkerName to the name you created before on MiningPoolHub which was YourLoginName.WRAITH

But instead of YourLoginName.WRAITH put whatever you picked there.

Where it says WorkerPassword - Put in the password for your worker you created on MiningPoolHub which was PROTOCOL - But instead of PROTOCOL Put what ever password you came up with there instead.

Save the File

Now on Mining Pool Hub click on DASHBOARD this is where you can see your Hashrate, and how much you mine etc.

Now go into the Miner Folder and Click on the file START.bat this will start the miner and begin your Journey.

When you have mined enough verge and you are happy go to WALLET and transfer it out to your Verge Wallet. From here you can send it to an Exchange, another Person, Etc.

I hope this helps someone Thank You.

Wraith_001.jpg

Sort:  

I'm not mining, but I appreciate you dissing the FUD.

WAY to much FUD on Verge - Insane - Wraith Works - its a Game Changer !

I'm mining with:
-Hashflare (cloud mining bitcoin) https://hashflare.io/r/13062913-1 (i prefer it )
-Genesis Mining https://www.genesis-mining.com/a/2140766 (3% promo with this link)
and trading on Binance for altcoin https://www.binance.com/?ref=11789561 ! :p
made a lot this year :3

There are many ways to mine, Verge supports many algos. I'm not 100% sold on cloud mining, but if it works your you more power to you , I am glad it does, and I am glad your doing well.

FUCK #XRP HODL #XVG

Wow it as easy as computer science! I just bought 3500 verge today, but owuld like to try this. Thank you for the detailed tutorial!!😎🍺

Hey No Problem its easier than it sounds, just all typed out it looks like it's not. I hope it helps you .

great helpful article.
Can I ask, how long does it take to mine one Verge coin on average with a compatible hardware setup?
Thanks again!
subscribed!

That depends on alot of factors, But mostly its the power of your GPU, It would be better if you had a Multi GPU system like 2 x RX580's etc The exact amount you could mine in a set amount of time I am not 100% sure my RX480 single card setup is rated for 1 a week give or take at the current difficulty.

Someone really think that verge will moon one day?

Well Considering Verge was 51 sat 2nd week of Dec. it technically already mooned compared to todays price, With the release of Wraith Protocol, and soon Contracts I see no reason why Verge cannot, and will not moon again in the near future. The real question is Someone really thinks Verge WON'T moon one day lol

I hope everyone was paying attention when the price went over 1500sat tonight

So when I posted this Verge was in the 900-1000 sat range , and Tonight 1/8/2018 the Price hit 1570 sat. If you invested in XVG CONGRATS ! If you did not, I am sorry. I hope this helped someone out for sure.

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