How to Mine MoneroV – The Beginner’s Guide

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MoneroV – a privacy coin which was designed to be a limited (capped) supply version of the true Monero coin which we use. It has a 10:1 fork ratio; this basically meaning that at the Monero block 1564965 if you held 1 Monero, you would get 10 MoneroV.

It has the privacy of Monero (Ring CT) and it is ASIC resistant, meaning it has the same algorithm as Monero.

Let’s start mining some XMV!

Mining Pools

Basically you will need a mining pool – as the first step. You can always solo mine, but you won’t get rewarded that often, depending on your mining rig; if it’s powerful or not. The mining pools charge about 1% or less. By using a mining pool you will receive good payouts at consistent rate and multiple times per day.

There isn’t a high number of pools for MoneroV, but I will share a good one with you: https://xmv.leafpool.com/

And here are other pools:

  • xmv.go-mine.it
  • pool.baikalmine.com/en/pool-stats-monerov
  • monerov.rocketpool.pro
  • monerov.herominers.com
  • xmv.infinity-pools.cc
  • miner.rocks
  • cryptoknight.cc/monerov
  • fairhash.org
  • magnificentpool.com
  • easyhash.io/monerov
  • xmv.cryptopool.space

The above pools are courtesy of: tegrad – Thank you.
They support mining directly to an exchange and the fees are low: 1%; and it is a fairly large sized pool.

xmv leafpool screenshot

Lots of ports to connect to.

Stratum ports:
CPU mining port: 9991
GPU mining port: 9992
Nicehash port: 9993

Configuring the Mining Software

For the following:

  • CPU
  • GPU – Nvidia
  • GPU – AMD

we will use a xmr-stak miner. It’s a good miner because it allows you a mix of AMD and Nvidia GPU’s as well as your CPU, all in one! And the best part is it is available for Windows and Linux.

Download xmr-stak at https://github.com/fireice-uk/xmr-stak/releases

We will use the latest version, which is: 2.4.3. If you are a Linux user, you will have to download the source code and build it.

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-staks, you’ll see these two windows:

run xmr-stak

You will need to complete a series of steps, just at the start of the mining software. Later down the road you will not have to do this again.

The initialization steps will ask the following questions:

Port – type 3000 or 8000

Currency: – You will want to type “cryptonight_v7”

Pool Address – “mine-xmv.leafpool.com:9992”

Username –  should be: public_key.worker_ID (for worker ID you can type mycomputer, gamingpc or officepc, etc.)

Example: 41k4Fc7JHjiUtddPqa1cMCBwZY7NSbZiGbSH9KoGrimZSRjV2UacYrr5DW93g9yvoNYvghMmJddQsCv6ngLbnyFJDatHxXr.mycomputer

Password – type “x”

SSL support – type “n”

Do you want to use Nicehash – type “n”

Do you want to use multiple pools – type “n”

Your software should start mining by now. Waiting for “logged into mining_pool:port” is a good idea. Take a look at the folder the miner is stored in, you will see text files, such as:

  • cpu.txt
  • amd.txt
  • nvidia.txt
  • config.txt
  • pools.txt

In the next part of the guide we’ll show you how to configure or edit the .txt files for each mining component.

Pool Configuration

You can configure your pool by yourself, but no worries, I will show you how. The poo.txt file should look like this:

pool text file

  • If you want to change servers, edit the pool_address.
  • To change wallets, edit wallet_address
  • You can leave rig_id blank
  • Depending on your pool config, you can modify the pool_password if it’s required by the pool

You can also add the currency you want to mine with XMR-Stak – I really like this software because it supports most of the Cryptonight coins. You can type in the name of the coin from the list in the txt file. But if the coin you want to mine is not actually on the list, you just type in the algorithm it uses.

CPU Mining

For CPU mining, Cryptonight algorithm is the best. We have two options: mine using XMR-Stak or xmrig. For this guide, we will use XMR-Stak, but you are free to use any of these two miner software, check the download links below:

After we finished with the first step which was setting up the initial miner software, we can tweak the cpu.txt settings, which XMR-Stak created for us at the first setup – just to get a better bash rate.

cpu text file

For the CPU, at least, the software generates the best config automatically.

After the configuration of the cpu.txt, we’ll need to create a batch file. Inside the miner folder, create a simple batch file and add this inside of it:

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:

xmr-stak.exe –noNVIDIA

And if you double click the batch file to run the miner, you’ll see something like this:

monerov cpu mining

Red arrow from the screenshot shows us total speed, in 10 seconds, 60 seconds, and 15 minute intervals.

In order to view the total speeds at any time when the miner is running, simply press “h” key.

Nvidia GPU Mining MoneroV

We will use xmr-stak for this guide.

Let’s open nvidia.txt that xmr-stak created and tweak it to obtain the highest possible hash rate.

nvidia mining monerov

Same as the CPU part from the guide, the GPU program usually generated the best config settings automatically.

Look at the comments in the nvidia.txt file for each setting.

Next step is to create a batch file in the folder and add the following line of code in it:

xmr-stak.exe optional_flags

You can replace “optional_flags” with 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.

An example could be:

xmr-stak.exe –noCPU

If you run the batch file, you should see something similar to the screenshot:

monerov nvidia mining

By pressing the “h” key at any time the miner is running, you will see the total speeds in the following intervals:

  • 10 seconds
  • 60 seconds
  • 15 minutes

Mining MoneroV with AMD GPU

It is basically the same as the previous two settings / mining software and set up.

But if there are issues with virtual memory, you’ll need 16 GB of it eventually. To make this change go to Control Panel -> System and Security -> System and the click Advanced system settings on the left.

virtual memory settings

How much XMV can I earn per day?

You can navigate to the pool calculator to find out. 🙂

monerov xmv calculator.

We hope you enjoyed and learned from this small guide. Until next time…

That's all folks!

5 COMMENTS

  1. What do you mean no much pools?
    what about –

    xmv.go-mine.it
    pool.baikalmine.com/en/pool-stats-monerov
    monerov.rocketpool.pro
    monerov.herominers.com
    xmv.infinity-pools.cc
    miner.rocks
    cryptoknight.cc/monerov
    fairhash.org
    magnificentpool.com
    easyhash.io/monerov
    xmv.cryptopool.space

  2. Hey,

    The article just got published, it was written a while ago.

    I will include the pools into the article.

    Thannk you.

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