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Vertcoin is based on the ASIC-resistant Lyra2RE(v2) algorithm. As a result, graphics processing units (GPUs) are the best hardware for mining Bitcoin. GPUs are primarily generated by AMD and Nvidia. Nvidia GTX 1080 is an example of a GPU.
To increase your chances of finding a block, your GPU should have a high hash rate. Consider the cost of your hardware as well as its power usage, as these factors would have an effect on your future mining income. To maximize earnings, a GPU rig can use several graphics cards.
The One-Click Miner from Vertcoin has made mining so easy that everyone can do it. When using a GPU rig, start by connecting your rig to the power grid and assembling all of the components. A GPU card, motherboard, CPU, PCIe risers, SSD, power supply, memory stick, CPU, power supply adapter, and a frame to hold your GPU cards are among these parts.
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In January 2014, Vertcoin (VTC) was developed as a GPU-mined version of Bitcoin in response to Litecoin’s loss of control to ASICs. The Vertcoin group claims that it is important for ordinary people with desktop computers to be able to mine successfully so that network hashrate can be distributed as widely as possible.
Before proceeding, feel free to look through the official website and block explorer to learn more about Vertcoin. Our Vertcoin page also has a summary of Vertcoin metrics and other tools.
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A new closed source miner for the Lyra2rev2 algorithm is now available for AMD GPUs, with the aim of bringing AMD-based mining rigs up to the same level of output as Nvidia mining rigs. The new miner is called mkxminer, and it works with the newest AMD GPUs, such as the Radeon series 200 or newer, as well as the latest VEGA GPUs (no asm kernels yet). For the best performance, assembler optimized kernels are available for some of the supported GPUs, and the hashrate results are very good.
So far, everything seems to be working well, but there do appear to be some drawbacks, such as the fact that mining is currently limited to NiceHash (support for other pools could be added later) and the lack of specific details about the developer fee. There is a dev fee included with this closed source miner, so you are mining for the developer from time to time, but the exact percentage of the fee is never specified. Currently, only a Windows version is available; however, a Linux version is reportedly being developed and should be available soon.