X-CASH is a cryptocurrency that aims to provide a way to transfer money for very little. The coin has 100 Billion max supply and the fees are roughly around 1.14XCA right now. This would mean that even if this coin had a billion dollar market cap, the fees would still be around 0.01USD to move money.
As for X-CASH’s features, they are a fork of Monero. Because of this, X-CASH has Monero’s privacy aspects to it called RingCT. They allow mixins of 1-10 with 0 mixin capability on the roadmap in a few months.The coin has one minute block times as well, and is based on the anti ASIC cryptongiht_v7 algorithm.
As for X-CASH’s uniqueness, Its a coin launched on July 30th, 2018 by a self funded “no ICO” team of three, that aims to integrate X-CASH into the banking world, since their founder is a ex trader for a large bank.
The team is very active on BitcoinTalk, telegram and Discord. They also are very active in the development of X-CASH, with a windows GUI wallet already released, and mac, linux, web and mobile on the roadmap, all by the end of the year.
The coin structure is as follows
- 60% of the coin to be mined
- 40% premine. The allocation of the premine is for
- 20% is airdropped to the community, 1% for the next 20 months (more about airdrops and bounties at https://bitcointalk.org/index.php?topic=4781246.0)
- 10% is for the team for development cost, exchange listings etc
- 5% is for private investors, which if not sold in 6 months will be airdropped to the community
5% is for the team and new team members (2% already given out) where the funds will be paid in 20% each time the market cap increase by a factor of 10X. So if the coin gets to 10M market cap, 20% of the teams funds are paid to them, if the market cap is 100M another 20% of the teams funds are paid, etc. so their is a good chance that 60% of that 5% will never be paid out.
Now that we know the details about X-CASH, let’s get to mining some XCA!
X-CASH Disclosure
I do need to mention that I am the CTO of X-CASH, and thus one of the team members of X-CASH (It is on the X-CASH website as well) I feel that I need to let the readers of this article know that.
Some General Mining Tips
So before we start this tutorial, I have two tips for making the most out of your mining experience. First make sure you have the latest drivers for your GPU’s. Secondly, most mining software will get flagged as a virus from virus scanners. Because of this, if your mining on your normal everyday use or gaming computer that has an antivirus installed, you will want to exclude the mining software from the antivirus. What I like to do, is I make one folder and then put all of my mining software in sub folders. I then exclude the top level folder from the antivirus and that excludes all the mining software.
Mining Pools
The first thing we need is a mining pool. You can solo mine, but the payouts could take months depending on how powerful your mining rig is, and the mining pools usually charge a very small fee (1% or less). Using a pool will allow you to receive consistent payouts, multiple times per day.
For X-CASH, I am going to write the tutorial using the official X-CASH pool, since I know it is reliable. This is located at minexcash.com. The fees are 2% for this pool, because the X-CASH team is trying to decentralize the mining pools, since right now 85% of XCA mining is on the official pool. I do encourage everyone to look at joining a community run pool though, since these are all much cheaper in the percentage of mining fees, and to help decentralize the hash rate. The community pools can be located at https://x-cash.org/miningpools/
As for their features, their a large sized pool, they are located in the EU (France), they charge 2% fees, they have an SSL connection available to use for mining, they support mining directly to an exchange, custom difficulty and they have a custom payment threshold. This means you can set at what amount you want the pool to automatically pay you at.
They also have a variety of ports to connect to:
Use 3333 if mining using a CPU
Use 5555 if mining using a GPU (one or two GPU’s, for example a gaming computer)
Use 7777 if mining using a GPU mining farm (multiple GPU’s like 3 or more per computer)
Use 9000 if mining using SSL
Use 9999 if mining using Nicehash
We also created a config generator for the pool and the 3 most popular cryptonight miners, so you can easily setup your mining software.
you just fill out the details, check the boxes of which GPUs you want to use and then click see more for the cryptonight mining software your using.
Configuring the Mining Software
For the CPU, GPU – Nvidia and GPU – AMD tutorials, we will be using xmr-stak. It is open source, the most customizable, and allows you to mine using a mix of Nvidia and AMD GPU’s as well as your CPU, all from one window. It is also available for Windows and Linux.
You can download xmr-stak at https://github.com/fireice-uk/xmr-stak/releases The latest version is 2.4.7, which is what we will be using in this tutorial. If you need to use Linux, you will have to download the source code and build the software. This tutorial will not be focusing on how to build xmr-stak from source.
The first time you run xmr-stak you will have to configure it a little bit. We will cover the initial configuration here, and then you can read about how to configure the miner in the section that pertains to you (CPU, GPU – Nvidia and GPU – AMD)
When you first run xmr-stak, you will be presented with two cmd windows
You can close the one that says it needed to be run in order to have administrator privileges.
You will then be presented with a series of steps that will guide you through the first time initialization of the software. Once you have completed this, you will not need to do this again.
The initialization steps will ask the following questions:
Type in a port you want to use the remote monitoring on. Usually 8000 or 3000 are available on most home computer networks. Later, to monitor your mining computers, you can type the ip address and port you choose of your mining computer, into a web browser on any other device connected to your network, to view your total speed and other detailed reports
Currency: – You will want to type “cryptonight_v7”
Pool Address – This is the address and port of the pool you want to mine on. For example, I typed in “minexcash.com:7777”
Username – This is your public key for your wallet.
For example I would put
XCA1jCj23qwJ45QR47fHMA3HYXuP13SSqa4AhdKoFFXWSz6rwjmzdxmAnKV9A3dYRp1yZiYnVwuLTAuyuXomMhsu5QojRPmFCE
Password – type “x”
SSL support – type “n”
Do you want to use Nicehash – type “n”
Do you want to use multiple pools – type “n”
At this point the software should start mining. Wait until it says “logged into mining_pool:port”, and then close the mining software. If you look in the folder where the miner is stored, it should have made text files for your CPU and your graphics card (Nvidia or AMD). They would be named cpu.txt, nvidia.txt, amd.txt. It will also make a config.txt and a pools.txt. In the next sections we will show how to edit the txt files for each mining component, as well as how to disable a certain GPU brand or CPU from mining.
Pool configuration
At this point your pools.txt should be configured, but I will show you how to manually configure it as well. Open the pools.txt and you should see something like this
If you ever want to change servers, you would edit the pool_address. To change wallets you edit the wallet_address. Leave the rig_id blank. Change the pool_password depending on your pools configuration.
At the very bottom, you have currency. You have to tell XMR-Stak what currency it is your mining. They support most of the Cryptonight coins, so you can just type the name of the coin, from the list in the txt file. If the coin you want to mine is not on the list, you need to know what algorithm it uses, and use the algorithm name for the currency. If their is a whattomine calculator for your coin, then usually whattomine list the algorithm, otherwise you can probably find the information on the coins website.
CPU Mining
As far as CPU mining, the Cryptonight algorithm is the most profitable algorithm to use a CPU on. For mining with the CPU, we have the option of using xmr-stak or xmrig. xmr-stak only has precompiled binaries for Windows, while xmrig has them for Windows and Linux. They both have the source code, so you can compile them yourself to work with Linux if you need to.
You can download xmr-stak at https://github.com/fireice-uk/xmr-stak/releases
You can download xmrig CPU at https://github.com/xmrig/xmrig/releases
For this tutorial we will use xmr-stak.
After we went through the initial setup, we should be ready to mine. One thing to do is to try and tweak the cpu.txt settings that xmr-stak created for us, to get the highest possible hash rate.
I found that at least for the CPU, the program usually generates the best possible configuration settings automatically. The comments in the cpu.txt do a great job of explaining each setting, and how you could try to get more performance out of your machine.
After you have configured the cpu.txt, we now need to create a startup batch file to run the program.
Just create a new batch file (or script file if using Linux) inside the folder where the miner is and paste this into the batch file
xmr-stak.exe optional_flags
Replace “optional_flags” with nothing if you want the machine to mine using the CPU and any other GPU in the machine, or the following
–noCPU This will disable the CPU from mining.
–noNVIDIA This will disable all Nvidia GPU’s in your system from mining.
–noAMD This will disable all AMD GPU’s in your system from mining.
For example, my setup is:
xmr-stak.exe --noNVIDIA
Double click the batch file to run the miner, and you should see something like this
To view the total speed at any time, press the “h” key on the keyboard when the mining software is in focus.
GPU Mining – Nvidia
As far as GPU mining using Nvidia GPU’s, we have the option of using xmr-stak or xmrig. xmr-stak only has precompiled binaries for Windows, while xmrig has them for Windows and Linux. They both have the source code, so you can compile them yourself to work with Linux if you need to.
You can download xmr-stak at https://github.com/fireice-uk/xmr-stak/releases
You can download xmrig Nvidia at https://github.com/xmrig/xmrig-nvidia/releases
For this tutorial we will use xmr-stak.
After we went through the initial setup, we should be ready to mine. One thing to do is to try and tweak the nvidia.txt settings that xmr-stak created for us, to get the highest possible hash rate.
I found that for the GPU, you can tweak the settings to get a little more performance, but generally the program usually generates the best possible configuration settings automatically. The comments in the nvidia.txt do a great job of explaining each setting, and how you could try to get more performance out of your machine.
After you have configured the nvidia.txt, we now need to create are startup batch file to run the program.
Just create a new batch file (or script file if using Linux) inside the folder where the miner is and paste this into the batch file
xmr-stak.exe optional_flags
Replace “optional_flags” with nothing if you want the machine to mine using the CPU and any other GPU in the machine, or the following
–noCPU This will disable the CPU from mining.
–noNVIDIA This will disable all Nvidia GPU’s in your system from mining.
–noAMD This will disable all AMD GPU’s in your system from mining.
For example, my setup is:
xmr-stak.exe --noCPU
Double click the batch file to run the miner, and you should see something like this
To view the total speed at any time, press the “h” key on the keyboard when the mining software is in focus.
GPU Mining – AMD
As far as GPU mining using AMD GPU’s, we have the option of using xmr-stak, xmrig, Cast XMR or Claymore’s Cryptonote AMD miner.
You can download xmr-stak at https://github.com/fireice-uk/xmr-stak/releases
You can download xmrig Nvidia at https://github.com/xmrig/xmrig-nvidia/releases
You can download Cast XMR at https://bitcointalk.org/index.php?topic=2256917.0;all
You can download Claymore’s Cryptonote AMD miner at https://bitcointalk.org/index.php?topic=638915.0
For this tutorial we will use xmr-stak.
After we went through the initial setup, we should be ready to mine. One thing to do is to try and tweak the amd.txt settings that xmr-stak created for us, to get the highest possible hash rate.
I found that for the GPU, you can tweak the settings to get a little more performance, but generally the program usually generates the best possible configuration settings automatically. For my Vega system, I had to add double threads per GPU. The comments in the amd.txt do a great job of explaining each setting, and how you could try to get more performance out of your machine.
After you have configured the amd.txt, we now need to create are startup batch file to run the program.
Just create a new batch file (or script file if using Linux) inside the folder where the miner is and paste this into the batch file
xmr-stak.exe optional_flags
Replace “optional_flags” with nothing if you want the machine to mine using the CPU and any other GPU in the machine, or the following
–noCPU This will disable the CPU from mining.
–noNVIDIA This will disable all Nvidia GPU’s in your system from mining.
–noAMD This will disable all AMD GPU’s in your system from mining.
For example, my setup is:
xmr-stak.exe --noCPU
Double click the batch file to run the miner, and you should see something like this
To view the total speed at any time, press the “h” key on the keyboard when the mining software is in focus.
If there are problems, you may not have enough virtual memory. You may need 16GB of virtual memory (for Vega GPU’s you need more like 16GB per GPU) to change this go to Control Panel -> System and Security -> System and the click Advanced system settings on the left. From there, click settings under the advanced tab. Next click change, and then on the third screen, uncheck automatically manage, choose custom size, and type in the size (in MB) for both text boxes. Then press the set button, and then the ok button.
General Troubleshooting
One thing to monitor for is stale or rejected shares. If you see a lot of stale shares, you may want to try a server that is closer to you. If you see a lot of rejected shares, try to lower the intensity of the miner if available.
Configuring the Custom Payment Threshold
The default is minimum payout is 10000 XCA. If you want to configure that higher go to http://minexcash.com/#settings then get your IPV4 public IP address. Then type that into the “miner IP address” textbox
Then type the amount you want (up to 10M XCA) in the minimum payouts textbox and then click the set button.
How much XCA will I earn per day?
X-CASH was just released on July 30th, 2018 so were not on an exchange yet (we are currently applying, and are going for the more well known exchanges) because of this there’s no price associated with X-CASH yet. For the calculation of how many coins you would receive per day, you can use the mining pools calculator. This is will provide a rough estimate.
http://minexcash.com/#market
For my 3 vega system is shows I should make around 551,774 XCA per day. This number will change a lot even throughout the day since our total network hash rate is still small (2MH) that means this is a really rough estimate.
That’s it. You should now be mining X-CASH! Make sure to type in your public key into the mining pool’s dashboard, to keep track of your statistics. Also make sure to register for your bounty and the air drop. We are in round 2 of the bounty so the next 10,000 users that sign up for the bounty get 10,000 XCA for free! The airdrop also opens in a few days.
If you want to join our community, our discord and telegram are active, and it is where we post announcements.
We also have a weekly progress report written by our CEO on medium
Credit: Source link
