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Posts Tagged ‘VEIL

The latest CryptoDredge Nvidia GPU miner version 0.16.0 comes with added support for the new X16RT algorithm being used by the recently launched Veil project that introduced the new algo. There is also support for the new Lyra2zz algorithm that is being used by the LAPO project, if you are interested in checking it out as well. The latest version also stabilizes the MTP algorithm hat is being used by the Zcoin project. If you are mining XZC or Veil with other miner at the moment you might want to try the latest CryptoDredge release as it is well performing and stable, working better than other alternates, not to mention it is the fastest one for the X16RT algorithm at the moment.

Do note that the CryptoDredge miner supports only Nvidia GPUs and is a closed source software that comes with 1% built-in developer fee for all supported algorithms, however the dev fee is 2% currently only for MTP mining (Zcoin), there are binaries available for both Windows and Linux (CUDA 9.1/9.2/10.0).

To download and try the latest release of the CryptoDredge 0.16.0 Nvidia GPU miner…

After a bit of a delay the official launch of the Veil Project happened earlier today and you can already mine VEIL coins if you are looking for something new and interesting to move your GPU mining rigs on to. Veil is the first Zerocoin-based cryptocurrency with always-on privacy thanks to combining Zerocoin and RingCT technologies to provide full-time privacy without compromise. Veil’s blockchain is secured via Proof-of-Work and Proof-of-Stake, though initially only 50% of the coins (50 VEIL) are going to mining/staking and the rest is distributed among the founder, Veil Labs for ongoing research and development and Veil operations budget, funding operations activities such as core network and wallet development, project management, online user support, bounties, and  marketing. You can check the official Veil Project website for full details and additional information about the project.

The Proof-of- Work algorithm is X16RT, based on the X16R algorithm introduced by Ravencoin, but with modifications so it requires a new specific miner and such are already available for both AMD and Nvidia GPUs. Miners with Nvidia-based mining rigs can download and use the latest supminer 2.0 that supports X16RT algorithm and AMD miners can go for the latest WildRig Multi 0.15.0.8 mtp x16rt that has also added support for the X16RT algorithm with more miners probably going to follow soon enough with support for the new X16RT algorithm. If you are looking for a mining pool, you can currently go to the https://veil.suprnova.cc/ as the first pool to support VEIL with others probably following soon as well. The wallet currently does seem to have issues for some users, so do not be in a hurry to transfer your coins from the pool to a local wallet. Some exchanges to trade Veil coins include Citex, Crex and TXbit.


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