Electroneum mining pool: Complete Mining guide

Introduction:

Wondering to know about electroneum mining pool, right? Well, before coming to the pool, a million dollar question which arises is that what is electroneum? Here comes the answer. Electroneum is nothing but its just a privacy coin that was designed to make use of cryptocurrency at an alarming rate.

Not familiar with cryptocurrency? No issues at all. A cryptocurrency is a digital currency which is mainly designed for security purpose with the help of cryptography. As it is highly secured, it is very difficult to imitate cryptocurrency.

Now, you must have got a rough idea about electroneum and cryptocurrency. Let us move further.

Electroneum was Britain’s first cryptocurrency. The main purpose behind designing it was to get people into cryptocurrency. By integrating into mobile and game payments, they aim to accomplish this.

It was all about electroneum and cryptocurrency.

Electroneum mining pool: Complete Mining guide

How to mine electroneum with your computer?

To mine electroneum with your computer, you will need the following:

  • A computer (running 64-bit Windows, MacOS, or some version of Linux).
  • An Electroneum wallet address where your mined earnings will be paid into.
  • Mining software.

Here, we will be using xmr-stak which is an open source mining software that runs the command line and supports CPU as well as GPU mining.

Let us start with the procedure.

Step 1: Download the mining software:

Windows users can download xmr-stak from Github repository. Near the top of the page, there will be a zip file called xmr-stak-win64.zip.

Mac users will have to use the download link for a ready to install Mac version. Linux users will have to compile it from the source code.

Step 2: Configure the mini(UK) CPC Comp

electroneum mining pool addressing software:

Open the folder that was unzipped, typically called xmr-stak-win64. Run the file called xmr-stak.exe and confirm any security warnings that appear. This opens a step-by-step system that will help us configure the miner for the first run.

The first question is “Do you want to use the HTTP interface?” This is for viewing mining statistics on a web interface but requires a bit of a setup, so we’ll ignore it for now. So type 0(zero) to decline and hit Enter.

Step 3: Start mining:

The software is now configured! A new window will open that does the actual mining. You should see a load of messages followed by “Pool logged in”.

The miner is now running and sending hashes to the pool.

Messages will pop up one after the other as the miner communicates with the pool. Make sure the message “Result accepted by the pool” shows up among them. This will be the signal that your computer is mining successfully.

If you get a message saying “Result rejected by the pool” there is something wrong with your miner’s configuration. You have probably chosen the wrong algorithm. To correct it, open the pools.txt document in the same folder as xmr-stak.exe and make sure the line at the bottom reads:

“currency” : “cryptonight”

Step 4: View your Mining Statistics and Earnings:

To see how fast you are mining, press h in the miner window. This will display a table with the hash rates of your computer over the last 10 seconds, 60 seconds, and 15-minute interval.

Understanding Blockchain in Easiest Way is all you get here!

Step 5: Checking your earnings.

Step 6: Difficulty and Total hash rate.

Difficulty – a measure of how hard it is to mine a block. As more miners join in, the difficulty is increased automatically to make sure that the network mines an average of 1 block per minute, and no more. As more miners stop mining, the difficulty will decrease again. A lower difficulty means you will mine faster.

Total hash rate – the combined hash rate of all miners around the world. A lower total hash rate means you will mine faster.

Step 7: Transferring your mined coins:

Once your coins have been paid out into your paper wallet, you can then view your paper wallet balance or import it to your online wallet.

Mining pools:

For electroneum mining, the very first thing which we require is a mining pool. Solo mine can also be preferred, but, the payouts could take months depending on the strength of mining rig, i.e., how powerful your mining rig is.

The mining pools charge a very small fee(1% or even less). With the help of pools, you can receive a consistent payout, not only once but multiple times per day.

As for their features, there is a medium to the large sized pool, with a current estimate of finding 48 blocks per day. They have multiple servers in US, EU and Asia, they charge 0% fees, they have an SSL connection available to use for mining, they support mining directly to an exchange and they have a custom payment threshold. This means you can set up at what amount you want the pool to automatically pay you at.

List of some electroneum pools:

Pools Fees Min. payout

Coinfoundry 0.15% 10 ETN

Cryptocloud 1% 4 ETN

Cryptorush 0.6% 5 ETN

Dearmon 1% 20 ETN

Dedpool 1% 0 ETN

EasyHash 0.1% 10 ETN

Electromine 1% 20 ETN

Electroneum Hashvault 0.9% 50 ETN

Electroneum mobile mining 1% 0 ETN

Electroneum.ovh 0.5% 1 ETN

  • Austro Hash:

    Austro Has is a new pool and its fees, for now, is 0%. The homepage is in German which is actually a very good feature for Germans.

    Details of Austro Hash as of now:

    • my shortname (also used in the script): austrohash.
    • status: dead or not working.
    • website: http://etn.austrohash.at.
    • host: etn.austrohash.at.

     

  • CryptoBits:

    Cryptobits is a relatively new ETN mining pool. Always remember the different host names as well as the non-default ports.

    Current details of CryptoBits:

    • my shortname (also used in script): cryptobits.
    • website: http://etn.cryptobits.ltd.
    • host: etn.cryptobits.ltd.
    • port(s): 6333, 6334, 6335, 6336 (manual).
    • hashrate: <Fetching data>.
    • miners: <Fetching data>.
    • pool fee: <Fetching data>.
    • payout threshold: 15 ETN.
    • payout interval (manual): 10 minutes.

     

  • Your CryptoClub:

    Cryptoclub is a pretty large pool. They don’t use (all) standard ports. Very low fee.

    Current details of Your Cryptoclub:

    • my shortname (also used in script): cryptoclub.
    • website: http://etn.crypto-coins.club.
    • host: etn.crypto-coins.club.
    • port(s): Individual (manual).
    • hashrate: <Fetching data>.
    • miners: <Fetching data>.
    • pool fee: <Fetching data>.
    • payout threshold: 10 ETN.

     

  • Dedpewl:

    Just added Dedpewl.

    Current details of Dedpewl:

    • my shortname (also used in script): dedpewl.
    • website: http://electroneum.dedpewl.com/.
    • host: etnus.dedpewl.com.
    • port(s): 3333, 5555, 7777, 9999, 19999 (manual).
    • hashrate: <Fetching data>.
    • miners: <Fetching data>.
    • pool fee: <Fetching data>.
    • payout threshold: 10 ETN.

     

  • Electroneum HashVault

    If you run so many of low hash rate workers on hashvault’s mining pool, then you use a proxy. It also ban workers who send low difficulty traffic resembles a VPS farm or botnet.

    You can setup and maintain a proxy server, but you need to pay for an additional charge.

    Details of Electroneum HashVault

    • PPLNS Hashes Depth: 2’Block’s difficulty
    • PPLNS Fee: 0.9%
    • Minimum Payout for pool: 50ETN
    • Basic or Default Minimum Payout {Wallet}: 50ETN
    • Default Minimum Payout (Payment ID): 50ETN
    • Payout interval: Hourly
    • Maturity Depth of the Block: 30
    • Minimum Denomination: 0.01

     

  • EasyHash:

    Right now not so good experience with EasyHash right now. No real hashes per second, only few of them. It can be the total network hashrate which becomes too large for a small miner’s such as having a few, party old, pc’s.

    Current details of EasyHash:

    • my shortname (also used in script): easyhash.
    • website: http://easyhash.io/start/etn.
    • host: etn.easyhash.io.
    • port(s): 3630, 3631, 3632, 3633, 3634 (NiceHash) (manual).
    • hashrate: <Fetching data>.
    • miners: <Fetching data>.
    • pool fee: <Fetching data>.
    • payout threshold: 2 ETN.
    • payout interval (manual): 15 minutes.

     

Electromine

Electromine is created on 1st November 2017, and it is the first unofficial Electroneum mining pool. Moreover, it is again designed after few weeks adding some of the best features.

Additional Stats

Current Pool Fees 0%

Last Pool Block Found: 2 months ago

Block can be found after every 18 years

Minimum Payout 2.000ETN

Current Pool Load 0.01

  • Electroneum Asia:

Official mining pool from Electroneum.

Details of Electroneum Asia as of now:

  • my shortname (also used in the script): elasia.
  • status: dead or not working.
  • website: https://asiapool.electroneum.com.
  • host: asiapool.electroneum.com.

 

  • Electroneum Europe:

    Official mining pool from Electroneum. There are a lot of complaints about this pool not paying. Could be because of the relatively high payment threshold for small miners.

    Details of Electroneum Europe as of now:

    • my shortname (also used in the script): Eleu.
    • status: dead or not working.
    • website: https://eupool.electroneum.com.
    • host: eupool.electroneum.com.

     

  • Electromine France:

    Electroneum Mining France seems to be okay. The pool has shrunk a lot though since past few years, regardless of the nice setup of the site, much bigger, nicer than most other ETN mining pools. You can find it less user-friendly while checking it or using it.

    Current details of Electromining France:

    • my shortname (also used in script): elfr.
    • website: https://electromine.fr.
    • host: electromine.fr.
    • port(s): 3333, 5555, 7777, 10000 (manual).
    • hashrate: <Fetching data>.
    • miners: <Fetching data>.
    • pool fee: <Fetching data>.
    • payout threshold: unknown.

     

  • Electroneum USA:

    Official mining pool from Electroneum

    Details of Electroneum USA as of now:

    • my shortname (also used in the script): elus.
    • status: dead or not working.
    • website: https://uspool.electroneum.com.
    • host: uspool.electroneum.com.

Some mining tips to remember:

There are a few things to remember to have a great mining experience:

Make sure that you have the latest drivers for your GPUs.

From virus scanners, most of the mining software will get flagged as a virus. Because of this, if your mining on your normal everyday use or gaming computer that has an antivirus installed, you will wish to exclude the mining software from the antivirus.

These were some important tips which one must remember for a good mining experience. Do remember these tips to have a great mining experience.

CPU mining:

CPU mining is another most important thing which one must know about. To use a CPU, the cryptonight algorithm is the most suitable and profitable algorithm to use a CPU on.

For mining with the CPU, there is an option of using xmr-stak or xmrig. xmr-stak only has precompiled binaries for Windows, while xmrig has them for Windows and Linux. They both have the source code, so you can compile them yourself to work with Linux if you need to.

GPU mining:

For GPU mining, which makes use of Nvidia’s GPUs, there is an option of using xmr-stak or xmrig. xmr-stak only has precompiled binaries for Windows, while xmrig has them for Windows and Linux. They both have the source code, so you can compile them yourself to work with Linux if you need to.

General troubleshooting:

Troubleshooting is another parameter which you must be very clear about when it comes to mining. One thing to monitor for is stale or rejected shares. If you see a lot of stale shares, you may want to try a server that is closer to you. If you see a lot of rejected shares, try to lower the intensity of the miner if available.

Final words:

This article was all about electroneum mining. We tried our best to cover as much as topics related to electroneum mining as we could.

Here, we discussed electroneum, mining, steps of mining, list of mining, CPU and GPU mining, etc. After going through the content, if you have any doubts or queries, feel free to ask us. If you know something more about electroneum mining or cryptocurrency, definitely share with us. We will be glad to have a two-way conversation.

Hope the content must have been informative for you.

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About the Author: Rupali Gupta

Rupali Gupta is a blogger, digital marketer and gadget freak, she loves to grab everything happing in the tech and crypto industry. Connect with her at @meetrupaligarg, google plusand about page

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