Tell Your Crypto Friends About PeerHash
Mining crypto can be joy, frustrating, rewarding and risky however a little programma can reduce the risk and frustration significantly. Unless you have the time and skill to write your own mining software, the majority of people will download third party software to mine using their CPU, GPU, ASICs and a myriad of variations.
Experienced miners usually segregate their mining hardware and software from their computers which contain valuable documents picture and/or other software. It makes sense to do so from a risk perspective spil mining software comes ter a diversity of open source and propriety formats.
Spil with any industry where money is involved there are some people who’ll attempt to exploit a large user base with viruses, botnets and malware. If you don’t have a the money to separate your mining activities from your core computers, a number of people have setup virtual machines to provide a barrier inbetween the core operating system and the mining setup.
Whilst you significantly reduce the risk with a virtual machine, you still need to be diligent about sharing any files inbetween your core operating system and the virtual machine. Having said that what are the features that make a virtual machine attractive ?
- Virtual machines (VMs) can still support CPU mining if they are configured correctly – PeerHash will work ter a 64bit Windows OS virtual machine.
- VMs are portable, you can stir them to another laptop relatively lightly
- They provide a method to sandbox your mining software and test appropriately
- You can also create a VM for your wallets if you wish
- VM software is available te low cost or no cost versions
Ter this postbode wij’ll create a virtual machine using Virtual Opbergruimte, Windows Ten 64bit and PeerHash. Skill level is intermediate Windows however if you’re uncertain you should enlist support from a friend who has the expertise. Here’s the step by step:
Active internet connection with reasonable speed (greater than 500kb/s), at least 30 Gigabytes free, 64bit Windows Ten O/S installed
- Download the latest VirtualBox for Windows listig: https://www.virtualbox.org/wiki/Downloads
- Download the latest Windows Ten, 64bit ISO (use the media creation device and download the 64bit ISO) verbinding: https://www.microsoft.com/en-au/software-download/windows10
- Install Virtual Opbergruimte and then you will likely need to reboot your rekentuig. If not prompted you should do so anyway spil sometimes 64bit is recognized spil an option when setting up your VM
- Set up a fresh 64bit Virtual Machine with 2Gb of RAM at least 20Gb of space. Dynamic resizing is OK to use
- Embark the VM and you will be prompted for a source – browse for the Windows ISO you downloaded and install Windows Huis
- Install VirtualBox Guest Additions
- Shutdown your VM if it is running and go into the configuration setting for your VM and switch the network setting to Vocht if it is not already configured spil such.
- Click on commence and the Windows O/S will stream up. Loom te to Windows and recall this Windows VM will not have an extra antivirus installed strafgevangenis anti-malware, just the default Win apps.
- Open a browser window – Edge or IE and go to the PeerHash.com webstek. Download the latest PeerHash and samenvatting the EXE into a directory of your choice eg PeerHash.
- Dual click on PeerHash and inject your Monero address. You may get Defender Smartscreen examining the verkeersopstopping and attempt to block PeerHash. Click on ‘More Informatie’ and click on ‘Run Anyway’
- Click on ‘Download XMR CPU Miner’ and accept the warning and once finish you may need to close the zip window. You may get an error when the Miner is extracted, that’s because you don’t have a default zip application installed. Acknowledge the error and you should see on PeerHash that hit becomes ‘1 minus(s)’
- Te about a minute PeerHash will attempt to launch the XMR miner. You will likely get the following error regarding a VC redistributable being missing. If you do, this is lightly remedied.
- Download the Visual C++ Redistributable for Visual Studio 2015 here https://www.microsoft.com/en-gb/download/details.aspx?id=48145 and install it. Make sure you use the 64bit version.
- Close PeerHash, Browsers and reboot the VM
- Loom ter again and run PeerHash again and wait a few minutes for the miner to begin
- You should see the following screen and hopefully you will see the message ‘result accepted by the pool’ which means you have mined Monero at the pool and earned some coin !
- Leave PeerHash running – to have a chance to win the hashing lottery you need to keep PeerHash running
- Tweak the number of CPUs ter your VM Virtual Opbergruimte manager spil the more CPUs the more hashing power you will have.
Here’s a quick calculation of how your coin earnings will increase by using PeerHash:
Let’s say you mine Monero using 1 CPU @ 30 Hashes/s
Let’s mine for 1 hour, then:
total hashes = 60min x 60sec/m x 30 H/s = 108 000 hashes
No let’s say there are 20 miners using PeerHash @ 30 H/s. If you win the hash lottery you will have 20 miners hashing for you for:
total hashes = 20 x 5min x 60sec/zoogmoeder x 30H/s = 180 000 hashes !