Despite the huge threats and regulations which has posed only great deals of threats to the crypto space, CRYPTOCURRENCY has continuously grown tremendously with huge acceptance and adoption by those who wants financial liberation. Projects spring up on daily basis with one or two solutions to profer to the problems. Amongst which is Veil. The main context of this article. However, I'm not just going to talk about Veil, I'm going to talk majorly on how to earn more of Veil coins through its Proof of Work mining (X16RT). Stay tuned!
Since the inception of these cryptocurrencies, earning passive income in cryptocurrencies becomes difficult as a lot of stringent rules and controls now made. Despite the fact that there are a lot of things to do in crypto in other to earn passive income, none proved to be effective as one ends up spending almost last cash and still earning nothing.
Allow me to unleash The Veil Mine!
Mining is one of the most lucrative business on the crypto space. As lucrative as mining seem, it's most difficult to make a cool profits from mining especially the bitcoin miners. The machines or softwares and pools even used for mining is another big deal on it own. Hence, in other to provide To provide for wide distribution, seemingly income and passive income for its users, Veil project launched it's hybrid consensus approach which includes proof of stake and proof of work mining.
More focused in this content shall be on Veil's Proof-of-Work Mining, how it works, and how you can maximize profits mining Veil coin. Kindly Sit back and read on till the end!
WHAT IS VEIL?
Veil project has come as a game changer to solve the problems that Bitcoin and even blockchain as a whole can not solve. It's a CRYPTOCURRENCY that combines the most privacy technologies such as Zerocoin and RingCt protocols with Bitcoin's Dandelion protocol to its operations in other to provide a 100% privacy without compromise. Veil is developed by a group of team with high tech-no-how called (Veil Labs). Veil has no ICO, nor Premine. It's is fully and self funded project having privacy at the heart.
There are a lot of benefits to enjoy or benefit from joining Veil's innovative advancements. Which includes:
- Mining
- Staking
- Bounties
- Trades.
My focus shall be on How to mine Veil and make effective profits from it.
ASIC-resistant X16RT hashing algorithm to make POW mining GPU-oriented. And for those users who want to host the entire node in their servers can go for Node Mining.
To Mine Veil, I shall provide you with the list of Veil's Mining pools and softwares below
Block Explorers:
Mainnet: https://explorer.veil-project.com/
Testnet: https://testnet.veil-project.com/
For the Mining Softwares, these are some of the softwares you should use to mine Veil.
- https://github.com/ocminer/suprminer/releases
- https://github.com/technobyl/CryptoDredge/releases
- https://github.com/trexminer/T-Rex/releases
- https://github.com/andru-kun/wildrig-multi/releases
Mine Pools... You can join any of the following pools for effective Mining as well: - https://veilmine.com/
- https://veil.suprnova.cc/index.php?page=gettingstarted
- https://bsod.pw/
- https://m.1stminingpool.com/
- http://blockmasters.co/
You can also check out this:
For now, these are the major things needed for mining Veil.
Also, to earn some Veils to yourself, you may also decide to join the Veil bounty through:
https://veil-project.com/bounties/
For more information about Veil, check:
Website: https://veil-project.com/
Reddit: https://www.reddit.com/r/veil
ANN Thread: https://bitcointalk.org/index.php?topic=5065331.0
Telegram: https://t.me/VEILProject
Discord: https://discord.veil-project.com/
Linkedln: https://www.linkedin.com/company/project-veil/
AUTHOR'S DETAILS
Bitcointalk Username: Jabatani
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1983653;sa=summary
Veil coin wallet:bv1qq4undh2jed8ppus5x9pq0qdtdacvzrg5gn6ly5
Great piece you've put up there Campbell. This is more explanatory and easy to understand especially for starters who have little or no idea of what Mining entails. Heads up dear
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@Tboyloyal, coming to your question, I used to be more concerned than you do because mining we all know consumes much more time and money. However, Veil have some designed tools and software's to better help us curb some problems with Mining. One of which includes:https://github.com/andru-kun/wildrig-multi/releases
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@knowels, thanks... You can say that again. You can now Have a better Mining experience with Veil.
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I understand that you can earn double while staking and mining, now I'm a little bit worried, because I see it consuming a lot of electricity and data, any solution to that?
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