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How to Mine SOLANA on PC

Have you heard of new types of virtual currencies like SOLANA, that are GPU-minable? Perhaps you’ve heard of the term “mining” before and know it’s a way to get free virtual currency. But how do you actually mine coins? All virtual currencies require some kind of work or effort to be produced, mined and distributed. In the case of blockchain based networks, this process is known as mining. Mining is essentially the discovery of virtual tokens or coins that can be accessed by users once they have been discovered by miners.

In this guide we will take you through all you need to know about How to Mine SOLANA on PC,  also mining SOLANA on GPU. Let’s begin!

What is SOLANA?

The SOLANA Network is an open-source, peer-to-peer, low-latency global blockchain cryptocurrency. It is a decentralized public ledger of all transactions, which allows for people to make and verify transactions without the need for a central authority to validate them. Users are able to access these transactions in a fully auditable manner due to the use of pre-established consensus rules. Do you know How to Mine SOLANA on PC?

Solana is an open-source blockchain protocol for decentralized marketplaces. Its first use case is as a digital marketplace for buying and selling computer graphics cards (or GPUs) used for mining cryptocurrency. This article explains How to Mine SOLANA on PC – personal computer.

 

How to Mine Solana on PC: A Comprehensive Guide Method 1

If you’re reading this, chances are you’re interested in mining Solana. It’s a fair assumption considering that the majority of miners typically look to more obscure coins rather than well-known ones. That said, there are still plenty of ways to get your hands on some VS tokens, but first things first.

The procedure of mining Solana on PC are as follows:

1. Get a wallet, which you may download at exodus.com, Phantomapp.com, Atomicwallet.com, or Guardawallet.com.

2. Exclude a folder from antivirus protection as seen below.

3. Go to Unmineable.com and download the Unmineable MFI miner inside the folder excluded in step 2.

4. Run the miner as an administrator. 

 

5. Either CPU or GPU may be chosen. We recommend GPU if you have any GPU.

6. Select coin you want to mine. Choose SOL from the list of coins, put in your address, and input the code e4xd-wmzl (this reduces the developer fee from 1% to 0.75%).

 

How to Mine Solana on PC: A Comprehensive Guide Method 2

You’ll need to start by setting up a Nicehash account and downloading the Nicehash miner software. Nicehas uses your GPU or CPU as hardware, nicehash lets you mine BTC – BitCoin on nicehash wallet with 2% charges. One you accumulate Bitcoin, use NiceHash Exchange to exchange Bitcoin (BTC) to Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), ZCash (ZEC) and many more.

There are plenty of tutorials online on how to mine specific coins, but most of them focus on smaller altcoins with low difficulty levels and fixed algorithms. With that being said, we will be taking a slightly different approach with this guide geared towards Solana and other similar “progressive hashing algorithms” (a new breed of miners). So if you want to know How to Mine SOLANA on PC, you need Nicehash account.

 

How to Set Up a Nicehash Account To Mine SOLANA on PC

Once you’ve downloaded the Nicehash miner software, open up the program and head to Settings > Account > Create Your Account. Under “Payout address,” enter your Ethereum address where your mined coins should be sent. If your wallet requires a password (which most do), then remember to enter it here too. Once that’s done, click on “Next Step.”

 

Downloading and Installing the Nicehash Miner Software

You’ll need to download and install the Nicehash miner software from the official website. The installation process is pretty straightforward; all you have to do is find your operating system (Windows, Mac, or Linux) and download the corresponding version. After installing the software, all you need to do is go to your Account Dashboard and create a new worker with a username and password. Once that’s done, click on ‘New Mining Job’ after entering your Solana wallet address.

 

Pro Tip: Which GPU to Use To Mine SOLANA on PC ?

When it comes to GPUs, it’s not so much about the amount of memory. The real issue is how many gigahashes per second (GH/s) a GPU can provide. For example, a GTX 970 has about 4.8 GH/s, whereas a GTX 1070 has around 8 GH/s. It’s important to note that more expensive GPUs, such as a GTX 1080 Ti or AMD Radeon RX Vega 64, will be able to do the same work with less power consumption — reducing your electricity costs. In other words, spending more on a GPU will eventually pay for itself in the form of lower electricity bills and better hashrates.

 

How To Mine Solana Using Nvidia GPUs

It’s important to know that mining Solana is possible with Nvidia GPUs – unlike a lot of other coins. That said, there are certain factors that you need to take into consideration when mining by yourself. One of the most important considerations to make before mining via Nicehash is how much hash power your GPU has. It’s recommended that you have at least 8GB of VRAM and a hash power of 2MH/s or higher if you want to be able to mine profitable blocks. As such, it’s best to use Nvidia GPUs for mining Solana as AMD cards can often struggle when it comes to this task.

 

Earn VS Tokens while mining Solana

The biggest question with mining Solana is whether or not it’s worth the time. Luckily, the answer to this question is a resounding yes. Solana has a progressive hashing algorithm that allows for greater returns as more miners join the network. It also boasts a higher hashrate than most other coins in its class, which makes it easier for you to mine VS tokens. This means that even if you’re starting out with just your CPU and GPU, you should still be able to generate some income by mining VS tokens.

 

Mining Pools

Mining pools are a great way to make the process of mining more profitable. If you were to mine on your own, you would need to develop your own hardware and setup in order to mine from home. With a mining pool, all you have to do is contribute a certain hash rate to the pool and you will get back a portion of the mined coins.

This can be done by either having a “dedicated” miner just for the pool or by using software like Nicehash. There are plenty of mining pools available that offer different payout methods so it’s important to read up on them before signing up with one. Some may pay out in Bitcoin, some may pay out in USD, and others may even offer altcoin payments instead of USD or Bitcoin as well.

 

Why Should You Mine SOLANA?

There are many reasons why you should mine SOLANA. The first is that it’s GPU-minable. Most coins require a lot of processing power to mine and this can slow down your computer because it uses a lot of electricity, which costs money in terms of electricity usage. But SOLANA isn’t CPU-minable, meaning you won’t have to worry about slowing down your computer or costing yourself more money.

Secondly, there is no need for expensive hardware to be successful at mining SOLANA. It may seem like you need some kind of special equipment to do well at mining, but that isn’t the case. It only requires a good graphics card (GPU). This means you can use the high-quality graphics card that you already have for your gaming rigs and so on for mining as well! Lastly, it’s an easy to mine coin because miners don’t have to pay any fees when they make transactions from their mined coins

 

How to mine SOLANA on GPU?

The first step in mining SOLANA is to download the GPU miner. This can be found on the SOLANA official site. Once downloaded, extract the package and then open the “start.bat” file that has been created from the extraction process. Next, select your desired mining pool from a list of available options and enter your wallet address as well as a password to secure your account. You will then be prompted to enter a name for your mine, and finally choose a GPU that you want to use.

Selecting a GPU will determine how much computing power you are providing to the network and how fast your computer will work when mining coins and blocks–– in return for which you will receive newly minted SOLANA coins over time, based on the percentage of computing power you provide. To find out more about how to mine SOLANA on GPU, check out our video guide!

 

Warning: Mining is not always profitable!

Before you start mining, you need to know that mining is not always profitable. It can be a costly endeavor if your electricity costs are high or if the price of the token goes down. As with any new business, it’s important to do your research before jumping into an industry. Understand the risks and be aware of what could happen when deciding whether mining is right for you.

 

Solana Mining And Staking For Passive Income

Mining is one of the best ways to make money with your computers. Mining with SOLANA will earn you coins and allow you to earn money with your computer. You can stake Solana to earn more than 5% interest using Exodus wallet. You can mine SOLANA and other cryptocurrencies on your GPU, which is the most energy-efficient option.

Are you looking to get into the world of cryptocurrency mining from your home? If so, you’re probably wondering which cryptos you should focus on – Solana; it’s one of the most profitable tokens to mine right now. If you’re interested in learning more about this exciting opportunity and how to mine Solana successfully, please read above for everything you need to know!

 

 

Investing in cryptocurrency

Investing in cryptocurrency can be overwhelming. Cryptocurrency investing isn’t for everyone, and it can seem like there are countless investment opportunities out there. But if you approach the market with a little research and patience, it becomes a lot easier to succeed.
Luckily, cryptocurrency investing doesn’t have to be difficult or expensive.

There are many ways to invest in crypto without spending money. And while investing your money is always a risk, you don’t need to take on any additional risks by investing your savings as well. If you do have some spare cash that you would like to invest further for long-term returns, then this guide will help you invest wisely in the right way.

 

How to invest in crypto

Direct Buying – Deposit cash from bank to exchange websites to purchase currencies or token from FTX or Coinbase etc.

Mining: You use your hardware or shared hardware to accumulate coin, tokens in your personal digital wallet. Out this article is a complete information on How to Mine SOLANA on PC and make money!

Trading on Exchanges – Still uses exchange websites, but here you will swap from one token to another like form Solana to bitcoin or from Ethereum to Solana etc.

Investing in Fund Securities – With a fund, you can invest in a variety of different funds that invest in a variety of different assets like cryptocurrency.

 

 

Things to consider before you invest

Investing is risky

Everyone wants to make quick money, but you have to remember that investing is inherently risky. It’s important to set realistic goals for your investment and understand the potential losses are involved before you dive in.

It’s important to understand the market

The market is always changing, and you need to understand why so that you can make an informed decision about which coins to buy. The market is driven by supply and demand, and if more people are buying than selling, then the price will go up. If fewer people are buying, then the price will go down. You can use market information to make better investment decisions.

Make sure you know the risks involved

Before you invest, it’s important to understand the risks involved. You need to know the potential return on investment, the amount of risk you’re willing to take, and the potential loss involved. These are all things you need to consider before investing.

Make sure your funds are protected

Before you invest, it’s important to understand the best ways to safeguard your funds. You need to make sure that you’re using a trustworthy wallet service and keeping your private keys safe.

Have a plan for saving and withdrawing

Before you invest, you need to have a plan for saving and withdrawing. You need to have a goal you’re trying to reach and a way to get there.

 

Deciding between investing in ICOs or STOs

Most people who are looking to invest in cryptocurrencies want to buy coins directly. However, this is not the best way to start. While it’s possible to buy coins directly, it’s also possible to buy tokens through an exchange. The best way to start investing in cryptocurrencies is to first buy tokens on an exchange.

 

This is the best way to buy ICO tokens. You can also buy coins directly, but it’s best to first buy tokens on an exchange. There’s a lot of hype around ICOs right now, but there’s also a lot of scams.

 

When trying to decide between buying coins directly or buying ICO tokens, make sure you consider the potential return on investment, the potential risk involved, and the potential loss involved.

 

Final Words

Mining is the process of adding transactions to the blockchain, which keeps the network secure and confidential. It’s also how new coins are released into circulation. Mining helps keep the network safe from attacks and malicious users by validating transactions and securing blocks. If you want to mine SOLANA coins on GPU, this guide will walk you through everything you need to know. This article covers all you need to get started mining on your computer or laptop with a GPU on How to Mine SOLANA on PC. Keep reading to learn more.

Solana itself being fastest blockchain technology makes it very popular among developers, NFT creators and investors. Many NFTs have been minted in Solana blockchain and people are making money.

Regardless of the origin of the word ‘mining’, it doesn’t involve digging or excavating the earth. In this case, mining means verifying transactions on a blockchain network by solving complex problems that keeps tracks of ledgers, accounting. If you are new to mining or want to know which altcoins you can mine profitably at home with your own rig, this guide is ideal for you! Hope you enjoyed this article on How to Mine SOLANA on PC.

 

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Can you mine Ether ? How To Mine Cryptocurrency

This article is all about how to mine cryptocurrency using GPU also called Graphics Processing Unit. There are many methods to mine cryptocurrency and also there are many cryptocurrencies to mine. So Can you mine Ether? Two fundamental things you need to decide on is Which cryptocurrency to mine and how to mine cryptocurrency to get most profit but at the same time mining set up is very easy, hassle free.

In this article, I am going to describe you how to mine cryptocurrency using GPU and the crypto we selected to mine is ETH also called Ether or Ethereum.

So this post is also about how to mine Ether. So question comes can you mine Ether?
Answer is yes, its very easy and profitable at the time I am writing this article. Without further this and that, lets get to the points.

How to mine cryptocurrency using GPU on Windows 10.
1. Choose hardware computer
2. Choose GPU
3. Choose mining pool
4. Configure hardware for download and drivers
5. Clocking GPU for power usage and hashrate
6. Download mining software
7. Start Mining by running batch file

1. Choose hardware or computer for mining

Without taking time, I will request you to buy any fast gaming computer also called gaming desktop that has Nvidia GPU.

Mytrix Gamer Master 3060 Gaming Desktop, AMD Ryzen 5 5600X Hexa-Core, GeForce RTX 3060 12GB, 8GB RAM, 1TB PCIe SSD+2TB HDD, HDMI/DP, Wi-Fi, RJ-45, RGB, Mytrix_HDMI 2.1 Cable, Win 10
  • 【ESPORTS READY GAMING DESKTOP】Based on the new 7nm "Zen 3" architecture, the Ryzen 5 5600X offers 6 cores (12 threads) and 4.6 GHz Max Boost Clock. Whether you are playing the latest games, designing the next skyscraper, or crunching data, the AMD Ryzen 5000 series desktop processors deliver outstanding performance to handle it all—and more
  • 【OUTPLAY THE COMPETITION WITH RTX 3060】GeForce RTX 3060 delivers the ultimate gaming experience. These sleek, powerful gaming rigs are powered by the new Ampere RTX architecture. The Geforce RTX 3060 graphics bring real-time ray tracing, artificial intelligence, powerful DLSS technology and up to 8K gaming experience
  • 【LIGHTING FAST MEMORY AND SSD STORAGE】Ultra-fast DDR4 DIMM RAM and NVMe M.2 Solid State Drive bring you an unparalleled gaming experience. Higher efficiency makes your work easier and play better
  • 【POWERFUL AIR COOLING】Enjoying AAA games is definitely a breeze for you. The Gamer Supreme features four system cooling fans; three in the front pulling cool air to circulate inside desktop and one in the rear to push out all the heat, exiting the build
  • 【MULTIPLE PORTS AVAILABLE】Extend your PC to other external devices easily. Front: 3x USB Type-A; 1x headphone jack; 1x microphone jack; Rear: 7x USB Type-A; 1x USB Type-C; 3x Audio ports; 1x RJ-45; 2x HDMI; 3x DisplayPort
Skytech Shadow 3.0 Gaming PC Desktop - AMD Ryzen 5 3600 3.6GHz, RTX 3060 Ti 8GB GDDR6, 16GB DDR4 3000, 1TB NVMe SSD, 600W Gold PSU, AC WiFi, Windows 10 Home 64-bit
  • ✔ AMD Ryzen 5 3600 6-Core 3.6 GHz (4.2 GHz Turbo) CPU Processor | 1TB NVMe SSD
  • ✔ GeForce RTX 3060 Ti GDDR6 8GB Graphics Card (Brand May Varies) | 16GB DDR4 3000MHz Gaming Memory | Windows 10 Home 64-bit
  • ✔ 802.11AC | No Bloatware | Graphic output options include 1 x HDMI, and 1 x Display Port Guranteed, Additional Ports may vary | USB Ports Including 2.0, 3.0, and 3.2 Gen1 Ports | HD Audio and Mic | Free Gaming Keyboard and Mouse
  • ✔ Heatsink & 3 x RGB Fans | Powered by 80 Plus Gold Certified 600 Watt Power Supply | Skytech Shadow Gaming Case with Tempered Glass – Black
  • ✔ 1 Year Warranty on Parts and Labor | Lifetime Free Technical Support | Assembled in the USA | This powerful gaming PC is capable of running all your favorite games such as World of Warcraft, League of Legends, Grand Theft Auto V, Apex Legends, Fortnite, Roblox, PLAYERUNKNOWN’s Battlegrounds, Overwatch, Counter-Strike: Global Offensive, Battlefield V, Minecraft, The Division 2, and more at High to Ultra settings, crisp 1440p Full HD resolution and smooth 60+ FPS game play.

2. Choose GPU

Nvidia or AMD are 2 solid choices for GPU since both are good for mining. I will go for Nvidia since they have been making high performing GPUs for long time and are market leader in GPU niche.
Our selection based on price and performance is

ZOTAC Gaming GeForce RTX 3060 Ti Twin Edge OC LHR 8GB GDDR6 256-bit 14 Gbps PCIE 4.0 Gaming Graphics Card, IceStorm 2.0 Advanced Cooling, Active Fan Control, Freeze Fan Stop ZT-A30610H-10MLHR
  • NVIDIA Ampere architecture, 2nd Gen Ray Tracing Cores, 3rd Gen Tensor Cores
  • Boost Clock 1695 MHz, 8GB 256-bit GDDR6, 14 Gbps, PCIE 4.0; Low Hash Rate (LHR) 25 MH/s ETH hash rate (est.)
  • White LED Logo Lighting, IceStorm 2.0 Advanced Cooling, Active Fan Control, Freeze Fan Stop, Metal Backplate
  • 8K Ready, 4 Display Ready, HDCP 2.3, VR Ready
  • 3 x DisplayPort 1.4a, 1 x HDMI 2.1, DirectX 12 Ultimate, Vulkan RT API, OpenGL 4.6

Table for GPU models with Memory Clock Hertz power

3. Choose mining pool

There are several famous mining pools for Ethereum. I have personally tried many, verified hash rates for Ethereum and also verified earnings, stability, pool availability. They both charge 1% fee. So our selection based on our time consuming experience is

  1. flexpool.io


ethermine.org

I like both flexpool and ethermine, but since flexpool is little newer than ethermine, they seem to payout better and especially hash rate is slightly better that ethermine in my case so below setup is for flexpool.io

4. Configure hardware for download and drivers

Create a folder and make that folder under exception for virus check when download, that way mining software can be downloaded in this location. Read here on how to Add an exclusion to Windows Security. Since this computer is only used for mining, turn off windows updates.
Next very important software is GPU driver. For Nvidia go to this official Nvidia site and download latest GeoForce RTX 3060 ti driver for Windows operating system. Link is
https://www.nvidia.com/en-us/geforce/drivers/

Select below values to download your GPU driver for NVIDIA.

Last one people forget is, turn of computer sleep or shutdown when inactive. Incase your computer restarts, you want the mining to start automatically, so add the T-Rex mining batch file in start up folder.
You might want smart power outlet also called WIFI outlet which shows power watt usage and ability to shut down computer if mining is stopped but you are not near computer.

5. Clocking GPU for power usage and hashrate

Another very important software MSI. You can download it from Here – MSI Afterburner Download

Launch the exe and change core clock, memory clock and power as shown below. This is the most ideally optimization we came up with after several hours or changes and apply, for
Geo Force RTX 3060 ti NVIDIA Graphics card.

6. Download mining software

For Nvidia GPU and Ethereum mining on Windows OS, T-Rex is the best mining software. Download T-Rex mining software from Releases · trexminer/T-Rex · GitHub

Then edit batch file like
t-rex.exe -a ethash -o stratum+ssl://eth-us-east.flexpool.io:5555 -o stratum+ssl://eth-us-west.flexpool.io:5555 -u WALLET_ADDRESS -p x -w WORKER_NAME

Where wallet address is your Ethereum wallet address and worker name can be any word.

7. Start Mining by running batch file

Open above batch file and see below message with out error.

As the mining software T-rex is showing –  I have mining hashrate of around 41MH/s on Ether hash algorithm using NVIDIA GEO FORCE RTX 3600 Ti. Power use is 139W which is very good.

8. Final Thoughts & Conclusion

If somehow your GPU card is acting funny or you are not getting full Hashrate around 40MH/s after GPU Clocking is done, you can uninstall GPU driver using below software, reinstall GPU driver shown in above step, then restart batch file. Download Display Driver Uninstaller Download version 18.0.4.5