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mining [2020/06/19 15:15]
boot2thrill [Mining Guides]
mining [2021/06/12 16:14] (current)
boot2thrill
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 +{{ :​conceal_mining.jpg|direct&​600}}
 +
 ==== Mining Guides ==== ==== Mining Guides ====
  
-[[https://​www.youtube.com/​watch?​v=lfRoYzVeHyc|Kire Palceski - GPU Mining ​- How to start mining ​Conceal (CCX)]]+**__*Featured:​__** ​[[https://​www.youtube.com/​watch?​v=seiPQBFIsE0|innooo ​- How to easily mine Conceal (CCX) with CryptoDredge]]
  
 +**__*Featured:​__** [[https://​www.youtube.com/​watch?​v=qEZZt6FNZKk|Soapy Fresh - How To Mine Conceal (CCX) with XMR-Stak - An Easy Quick Start Tutorial Guide]]
 +
 +[[https://​www.youtube.com/​watch?​v=lfRoYzVeHyc|Kire Palceski - GPU Mining - How to start mining Conceal (CCX)]]
  
 [[https://​www.youtube.com/​watch?​v=2jBL4uzrimk&​t=9s|Savage Mine - Conceal (CCX) | smOS | XMRig]] [[https://​www.youtube.com/​watch?​v=2jBL4uzrimk&​t=9s|Savage Mine - Conceal (CCX) | smOS | XMRig]]
- 
  
  
 ==== Block Rewards ==== ==== Block Rewards ====
  
-Our block reward ​model uses an innovative approach - block rewards starts ​small but increases ​with time.+The Conceal Network community unanimously voted and adopted to radically redefine the block rewards emission ​model. Conceal Network successfully hardforked on December 18, 2020 at fork block is 661300 to make this happen.  
 + 
 +The mining block reward was effectively cut in half to 6 $CCX per block and will remain fixed until the maximum supply of 200M is reached. The original emission equilibrium design between coins minted through cold staking and coins mined by PoW will remain unchanged for now.  
 + 
 +Making $CCX more scarce, with an immediate cut to the minimum block reward of 6 $CCX, will help with future price stability and remove any needless inflation.  
 + 
 +The project aim has remained unchanged. The focus continues to be on decentralization and the proper thing to do is make changes that support this goal. We want to give back the network to small miners and provide an environment that fosters fair distributed PoW mining for more than 100 years.  
 +==== PoW Algorithm - Cryptonight-GPU ==== 
 + 
 +Miners are very important to us.  
 + 
 +Conceal Network implemented the Cryptonight-GPU mining algorithm, developed by Psychocrypt and Fireice_uk.  
 + 
 +Cryptonight-GPU (CN_GPU) is an ASIC, Botnet, and FPGA resistant mining algorithm that assures a fair GPU based supported network.  
 + 
 +CN_GPU relies primarily on GPU core compute performance and is the first mining algorithm that is specifically designed to use floating point math at a single-precision (FP32). 
 + 
 +Floating-point operations per second (or Flops), represent just how many computations (additions and multiplications) can be handled per second by a GPU. FP32 refers to the level of accuracy of those numbers (and is the number format). 
 + 
 +A CPU generally consists of 4 to 8 CPU cores, while a GPU generally consists of hundreds of smaller cores. Since ASIC, Botnet, and FPGA builds rely on specialized low memory CPU computation,​ a mining algorithm based around GPU core compute performance renders them unprofitable. 
 + 
 +GPU performance ​with the CN_GPU mining algorithm relies on physical core count and its clock in Mhz, making AMD and Nvidia GPUs very similar in performance. 
 + 
 +The goal of the CN_GPU mining algorithm is to assure fair GPU mining: 
 + 
 +  * AMD and NVIDIA GPU lineups are equalized 
 +  * Low-end and high-end GPUs are measured based on core compute performance (Flops performance) 
 +  * To eliminate any CPU and Botnet mining advantage 
 +  * To force ASIC or FPGA design to be cost-prohibitive 
  
-At the beginning, every block-chain has a small number of transactions per day and the block data is still a small file, but with time the network will grow and the data size will go up. The mining effort will be bigger and more miners will be needed to keep it running sound and safe. 
  
-Conceal has a very unique block reward scheme that increases to a max block reward, instead of decreasing as in most other PoW coins. With this simple and logical approach we avoided the unfair enrichment of early miners during the initial stages of the project where mining difficulty is low and successfully reached one of the lowest coin emission curves throughout the crypto space without affecting mining profit. Conceal.Network miners get 100% of the PoW mining fees. 
  
-To fairly reward the mining effort we will start with **5 CCX per block** and increase it by **0.25 CCX every month** until we reach **15 CCX per block** (max reward in 3 1/2 years time). 
  
 ==== Mining And Miners ==== ==== Mining And Miners ====
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 ^ AMD GPUs ^^ ^ AMD GPUs ^^
 | **Miner** | **Algorithm** | | **Miner** | **Algorithm** |
-| [[https://​github.com/​todxx/​teamredminer|Team Red Miner (TRM)]] | cn_conceal | 
 | [[https://​www.srbminer.com/​|SRBMiner]] | conceal | | [[https://​www.srbminer.com/​|SRBMiner]] | conceal |
 ^ NVIDIA GPUs ^^ ^ NVIDIA GPUs ^^
 | **Miner** | **Algorithm** | | **Miner** | **Algorithm** |
-| [[https://​github.com/​technobyl/​CryptoDredge/​releases|CryptoDredge]] | cnconceal ​|+| [[https://​github.com/​technobyl/​CryptoDredge/​releases|CryptoDredge]] | cngpu |
  
 Pick your favorite mining software from the above list and get ready to configure the miner. ​ Pick your favorite mining software from the above list and get ready to configure the miner. ​
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 ^ POOL           ^ URL                                ^ FEE  ^ ^ POOL           ^ URL                                ^ FEE  ^
 | Community Pool | https://​pool.conceal.community ​    | 0.5% | | Community Pool | https://​pool.conceal.community ​    | 0.5% |
 +| SoapyFresh'​s Pool | https://​ccxpool.soapyfresh.xyz/#​| 0.5% |
 | BlueRockPools ​ | https://​ccx.bluerockpools.net/ ​    | 0.6% | | BlueRockPools ​ | https://​ccx.bluerockpools.net/ ​    | 0.6% |
 | Miner Rocks    | https://​conceal.miner.rocks ​       | 0.9% | | Miner Rocks    | https://​conceal.miner.rocks ​       | 0.9% |
 +
 +
 +