There are many different cryptocurrencies on the network that use proof-of-work (PoW) or proof-of-stake (PoS) algorithms. But have you heard of a room that uses both in a 50-50 ratio? Well, that’s the Verus coin.
Verus is one of the most double-spend resistant public blockchains on the market. Thanks to its excellent Proof of Power algorithm, it is immune to 51% of hash attacks.
In this guide, I will show you how to mine Verus with your CPU. Note that this guide is for Windows and Linux users only.
How to mine Decentraland (MANA)
Before mining Decentraland MANA, you should first do some research on your own to see if it’s doable… Read more
Verus Current Performance (VRSC)
Verus is currently ranked 476th in the global cryptocurrency rankings. The current price of VRSC (at the time of writing) is $0.93 VRSC/USD, with a current market cap of $63.53 million.
The 24-hour trading volume is $52,144.84, with a supply of $67.87 million. The price of VRSC peaked on April 26, 2021, at $3.4.
Mining Verus with your CPU
Here is a step by step process of mining Verus using your CPU. Let’s start.
Step 1: Create a Wallet
Getting a wallet is really easy. But first you need the Verus Wallet app to create a wallet, so go to Verus.io and download it.
Step 2: Download and install the mining software
To download the mining software, follow this link. After installing the archive file, simply unzip it to a location of your choice.
Step 3: Navigate to your folder and open the Guided Setup file
After unpacking the archive, run the guided setup file. There you will be asked a few questions after which you can start mining.
But before that, you need to enter a configuration name. This is just the name you would like to give your miner.
Step 4: Type the mining algorithm
The first thing you need to do is enter “n” in the command line to avoid using multi-algorithm mining.
Next, enter the VRSC mining algorithm, which is written as “verushash”
Step 5: Enter the mining pool
First, follow this link and scroll down the page, there you will find different mining pools. Choose a mining pool for yourself and simply enter it.
To enter the address of the chosen mining pool, simply copy and paste it into the command line using the keyboard shortcut Control + v.
Step 6: Enter your wallet address and password
Go to your wallet, copy your wallet address and paste it. After that, type your password.
Step 7: Answer a few questions before mining
Enter “y” in the command line to use your CPU for mining, then “y” again to enable logging. Then type “n” to turn off the calculation mode. Once you have answered the questions, press any key to continue.
Step 8: final part
Open the newly created file with the configuration name you specified earlier and just start mining!