Crypto Mining Blog

We have already covered how to mine PEG on the ORAX Pool, but it is not the only pool available for PegNet (PEG) mining. Prosper Pool is the other public PegNet mining pool that you can point your free CPU resources to get some PEG, it is smaller than ORAX and you need to ask for an invitation code on their Discord first in order to finish your registration. The Prosper Pool has a very simple text-based back-end with some basic functionality, and although all of the important info is there, unfortunately there are some features missing like no option to change your payment address for instance or set a minimum payment threshold. Another important thing to note with this pool is that the payments are on once a week, so maybe more suitable for people with less computing power.

You need to start by downloading the prosper-miner pool client for Windows (64-bit only) that we are going to be using here, there are also versions for Darwin, FreeBSD and Linux as well. The first time you run the miner you will complete the registration on the pool and you need to provide the invite code you need to request first and also initial generation of 1GB map of the LXR hash (PegNet hashing function) will happen. Below is an example of the command line for the first run, the miner will ask for a password, just make sure you run the prosper-miner executable from command line console, do not try to run the executable file directly by double clicking it under Windows:

prosper-miner.exe -s controlpanel.prosperpool.io:1234 -u YOUR_EMAIL_ADDRESS -p -a YOUR_WALLET_ADDRSS_HERE -i YOUR_INVITE_CODE_HERE -m MINER_ID

The next time and if/when you run the miner (including on different system) you don’t need to provide the password or the invite code anymore, you will have a registration on the pool, so you only need the username – the email address you have used for the registration:

prosper-miner.exe -s controlpanel.prosperpool.io:1234 -u YOUR_EMAIL_ADDRESS -a YOUR_WALLET_ADDRSS_HERE -i -m MINER_ID

The MINER_ID is where you type different identificators for different mining rigs, so that you will know which one is active and which one isn’t mining, though apparently that functionality is still not fully functional on the backend.

The easiest way to obtain a wallet address is to use one of the exchanges that support PEG trading – Citex, VineX or Qtrade which should be fine as long as you will be mining and trading only, for holding PEG tokens it would be better if you go for local wallet.

– To learn more about the PegNet project and the PEG tokens it uses and you can mine…