Evolution of Mining: The Beginning

On 31st October we had a reason to celebrate and to greet everyone with one of the most outstanding anniversaries — 10 years of Bitcoin industry.

We would say, it’s a great reason to remember crypto origins.

The creation of cryptocurrency, according to many anthropologists, is a milestone in the development of humanity of the post-industrial era. The launch of cryptocurrency is compared with the entry into orbit the “Sputnik-1” and the rapid growth in the popularity of the cryptocurrency industry for 9 years has created a completely new information environment and a new kind of “minerals” in the form of mining cryptocurrency, or mining.

Economists are now confidently saying that cryptocurrencies are creating a radically new dimension of the international economy. Cryptocurrencies in general and Bitcoin, in particular, created the conditions for the development and recovery of the global economy. Minerall.io decided to retrospect the development of mining for your benefit and simple reading for a weekend. Enjoy!

Imagine the “Game of Thrones”. Action, erotic and vivid history. Mining is exactly the same, but without erotica. Interesting? Sure! However, we decided to omit the antediluvian time when mining took place on a basic PC.

We’ll begin the story with aggressive races, evolution of ASIC-miners and the ups and downs of manufacturers. Sit back, we’re launching!

Every newbie crypto-enthusiasts knows: the first miner of Bitcoin was a mysterious character named Satoshi Nakamoto. If he really exist, he was the pioneer of creation genesis block. However, in the time since the creation of the first block in early 2009 to the first client-version of Bitcoin v.01, a ridiculous number of blocks were put into operation: 15. And, as the dry calculation shows, Satoshi couldn’t have millions of bitcoins, and his income during this period was not more than 750 BTC. But already then he had created a network of other miners, early adepts.

For the most part, no one knows these people by sight, either in the community or outside it. And three days after the first block was named, the first transaction between Satoshi and Hal Finney occurred. The amount was 10 BTC. A total of 32 BTC transactions were completed that day (no need to roll your eyes, it’s worth remembering how much Bitcoins were worth then).

During this period, mining was not something difficult — just usage of SHA256 algorithm in the process of hashing the calculation.

Most likely, Mr. Satoshi couldn’t initially imagine how quickly the mining segment will develop. Satoshi mined on the processors of ordinary computers, like his followers. This allowed making Bitcoin completely decentralized.

In the first year, cryptocurrency was a lot of eccentrics and loners, but by the end of December 2009, more than 10 CPUs were used on each farm.

The explosion of the popularity of the mining occurred on July 16, 2010, on block 68544. The reason for this boom is simple: an article about Bitcoins was published on the Slashdot website, popular among nerds.

In the summer of 2010, Bitcoin’s popularity began to grow exponentially. Mining began to pull the hardware industry. Began race manufacturers. On July 18, an anonymous with the nick ArtForz first launched a mining farm on the GPU and extracted the first block using parallel computing implemented in the OpenCL driver. So the era of industrial mining began.

The next step was the transition to video cards, but this story we’ll tell in the next article. Stay tuned for updates — Minerall.io on air!


Hello, dear friends!

October was full of events and we are happy to repeat for you all the most important news.


To begin. let us tell you (again), HOW TO USE PHOENIXMINER WITH HIVEOS

Thanks to our dear friend, @amsavin, we found an interesting case with which you can easily and quickly set up PHOENIXMINER WITH HIVEOS based on Minerall.io.

We strongly recommend that you read the instructions and test the setting. Link.



Every day the Minerall.io team makes minor adjustments to the manual and we are happy with what we do. Want to start mining? Go to https://news.minerall.io/how-start-mining.



While choosing a mining pool to work with, miners pay attention to many aspects, and one of the most significant ones is the uncle rate. This ratio differs from one pool to another, and by this means, it can be argued that it’s all about technology and infrastructure being used.

Minerall.io has always been proud of the low rate of Uncle blocks on our Ethereum pool. And now miners have an opportunity to check Uncle rate for any given period using our new Uncle data statistics.


Another useful article is about HOW TO MINE VERGE (XVG BLAKE2S)

Wanna know, how it works? Read fool article — check the link.



With our recently announced new user panel design and we reduce our withdrawal fee to ZERO. Wanna know more? Catch a link: https://news.minerall.io/news/minerall-io-reduced-the-withdrawal-commission-from-now-on-its-zero/

We have reduced the withdrawal fee several times. Firstly it was 0.002 ETH, then – 0.0005 ETH. And today, the Minerall.io withdrawal fee is ZERO. Sounds great, right?


That’s all, folks! See you next month!

Malta Blockchain Summit 2018:we’re coming for you

Today one of the biggest this year events in the world of the blockchain begins: Malta Blockchain Summit 2018 (1 Nov — 2 Nov). Organizers promise boasting over 4000 delegates, 100 speakers and 150 sponsors and exhibitors.

Book a meeting, dear friend!

Confirmed speakers are Christopher Obereder, Carla Maree Vella, Eva Kaili, James Catania, Max Krupyshev, Gordon Einstein, etc. The Prime Minister of Malta, Joseph Muscat, will also speak at one of the conferences.

Of course, there will be a man from Minerall.io, Igor Stadnyk. It will be hot! Stay tuned for news on Minerall.io!

And subscribe to our news in all social media — we guarantee interesting things.

#maltablockchainsummit #minerallio #travelwithminerall #maltaindaclub

How to use PhoenixMiner with HiveOS

We’ve noticed that many of our miners are testing new mining OS from time to time. And the setup process turned out to be not as obvious as it should be. Thanks to one of our miners, @amsavin, we’ve got a very interesting case we want to share with the community now. Below you can find the settings for the HiveOS+PhoenixMiner and Minerall.io bundle.

How to set up the Minerall.io pool at HiveOS and PhoenixMiner

1. Sing into your HiveOS account, go to the Flying Sheets section, and create a new Flying Sheet.
2.In drop-down menus set the following:

  • Coin — ETH
  • Wallet — the wallet you’ve added in the point 2 (which is your username on Minerall).
  • Pool — Minerall, EU server enabled.
  • Miner — Claymore Dual/Ethminer/custom (currently Minerall doesn’t support dual mining, so we don’t recommend to choose Claymore Dual).
  • Name — your Flight Sheet name (could be any).

If you would like to use Phoenix miner — choose «custom miner» option. In the Miner field choose the Setup Miner Config option and use settings as follows:

Pool URL — %URL%

Extra config arguments — use the following parameters:
-proto 4
-pool pool.minerall.io:3401
-wal evgeniy.%WORKER_NAME%
-pass x


4. Apply Changes.

5. Your final settings should be as follows:

Should you have any questions, please contact our Support Team:
Email: support@minerall.io
Telegram EN: https://t.me/minerallen
Telegram RU: https://t.me/minerallru

New Easy-to-use Mining Guide: Only 5 steps to start mining

One issue which tends to come up frequently concerns the Minerall.io pool setup. Some of our miners found it a little bit confusing since separate guides were published on our blog and they had to switch between several of them.

That’s why we decided to update our guide to make it more intuitive and easy to use.
So, what has changed?
1. Now the guides for our three main coins are on the same page under easy to switch tabs.
2. For each coin enlisted you can find guides for several mining OS and choose the most suitable one for you.

3. The page How to start mining includes step-by-step instructions both for registered and anonymous miners and thus are accessible without registration as well.

The new guide is available for all of our users at https://atomic-temporary-198189970.wpcomstaging.com/how-start-mining. Registered miners can also access it by clicking the Start Mining button in their user panel.


Minerall.io September Updates Summary

This September was quite eventful for our team. Two great conferences, in Ukraine and Georgia, the long-awaited Stratum protocol, user admin panel new design, and a lot more has been done.

User Admin Panel New Design

A significant user panel design update was made, with new features, more detailed statistics, filtering options, better UI and productivity. This new design is our vision of how genuinely user-friendly mining pool should look like and work.

The Long-Awaited Stratum Protocol

From now you can mine Ethereum or ZCash at Minerall.io not only with GPUs but with ASICs too. This update is one of the many steps we are planning to make in 2018 and further to provide our users with more mining options.


Withdraw your rewards with ZERO commission

Our team has spent a lot of time and efforts to optimize all possible aspects of Minerall.io. As a result, we reduced the withdrawal commission down to ZERO.


Minerall.io & PerfectMine Partnership

Most of all changes and updates in the pool are the results of community voting. With this in mind, we decided to collaborate with the PerfectMine OS — a powerful, rich on features, and very intuitive mining OS. How to use the Minerall.io & PerfectMine bundle

Pools’ comparison: Miners say Minerall.io is better for ETH-mining

According to the ETH-mining pools comparison, our pool is in 15% more profitable than any other pool on the market. All this is the result of low uncle rate, stable infrastructure, and modern and constantly updating algorithm. With the consent from the thread starter, we publish the results in our blog. If you want to compare Minerall.io with any other pool, please, contact us at support@minerall.io

Thanks for being with us! Stay tuned for more cool updates!

Minerall.io Releases Uncle Statistics Page for Ethereum Coin

Hello, community!

While choosing a mining pool to work with, miners pay attention to many aspects, and one of the most significant ones is the uncle rate. This ratio differs from one pool to another, and by this means, it can be argued that it’s all about technology and infrastructure being used.

Minerall.io has always been proud of the low rate of Uncle blocks on our Ethereum pool. And now miners have an opportunity to check Uncle rate for any given period using our new Uncle data statistics.

With this update, we have become even more transparent with everything related to our pool work. Check and enjoy!

Thank you for being with us! Stay tuned for more updates!

How to mine Verge (XVG blake2s)


[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Minerall.io team recommends you to pay your attention to other coins we have in our list — Ethereum or ZCash, as mining Verge isn’t profitable as it used to be. If you still want to mine it, think about the Dual mining option — Ethereum + Verge. Check our Ethereum mining guide and find the settings for dual mining in it.


1. Choose mining hardware

Before getting started, you will need to:

  • Buy mining hardware: graphics cards (GPU) AMD or Nvidia with at least 4+GB RAM. To check the profitability of your hardware, please visit WhatToMine;
  • Connect your GPUs to Windows or Linux compatible PC using PCI slots;
  • Install the latest GPU drivers.

2. Create XVG wallet

To get rewards from mining, you need to have your personal XVG wallet. You can find the list of the most popular wallets at http://www.vergecurrency.com/

3. Connect miner to the pool

To start mining in the pool, you need to configure your miner. Here are minerall.io pool settings:

[/vc_column_text][vc_tta_tabs][vc_tta_section title=»Registered user» tab_id=»1530021575648-9e093f9c-bf06″][vc_column_text]URL: pool.minerall.io
Port: 4101
UserName: your username on minerall.io
WorkerName: name of your worker, optional[/vc_column_text][/vc_tta_section][vc_tta_section title=»Anonymous» tab_id=»1530021575741-73100708-2231″][vc_column_text]URL: pool.minerall.io
Port: 4101
Wallet: your personal XVG wallet
WorkerName: name of your worker, optional[/vc_column_text][/vc_tta_section][/vc_tta_tabs][vc_tta_accordion][vc_tta_section title=»Claymore’s Dual Ethereum GPU Miner (Windows)» tab_id=»1528301420976-2b8bc276-2109″][vc_column_text]

  1. Download latest version from the BitcoinTalk thread.
  2. Extract zip files to a folder.
  3. Open the folder you’ve just extracted and find start.bat file.
  4. Click edit and replace default parameters with minerall.io ones.
  5. Save the file and start
  • dpool: pool.minerall.io:4101
  • dwal: UserName.WorkerName (for registered users) or Wallet.WorkerName (for anonymous users)
  • esm 3: required parameter

Example for registered
EthDcrMiner64.exe -dpool pool.minerall.io:4101 -dwal darthvader.blackminer -dpsw x -allpools 1

Example for anonymous
EthDcrMiner64.exe -dpool pool.minerall.io:4101 -dwal 0x09ab1303d3CcAF5f018CD511146b07A240c70294.whiteminer -dpsw x -allpools 1

[/vc_column_text][/vc_tta_section][vc_tta_section title=»HiveOS (Linux)» tab_id=»1528301421013-6539c24d-a518″][vc_column_text]Settings for HiveOS:

No specific settings needed, as Minerall.io is already integrated into the HiveOS pool’s list.
To start mining XVG do the following:

  1. Sing into your HiveOS account.
  2. Go to the Wallets section and add XVG wallet:
    Coin — XVG.
    Address — XVG wallet or your username at Minerall.io.
    Name — worker name.
  3. Go to the Flight Sheets section. In drop-down menus set the following:
    Coin — XVG.
    Wallet — the wallet you’ve added in the point 2.
    Pool — Minerall, EU server enabled.
    Miner — Claymore Dual Miner.

[/vc_column_text][/vc_tta_section][vc_tta_section title=»Nicehash» tab_id=»1528301860390-0bd1bf89-ef03″][vc_column_text]Algorithm: DAGGER-HASHIMOTO(S)
Stratum Server: pool.minerall.io
Stratum port: 4101
User: your XVG Wallet or UserName on minerall.io
Password: x[/vc_column_text][/vc_tta_section][/vc_tta_accordion][vc_column_text]

4. Track your stats

[/vc_column_text][vc_tta_tabs][vc_tta_section title=»Registered user» tab_id=»1528297839923-e3d02e13-a7c3″][vc_column_text]Login to your account and then go to the Dashboard section.[/vc_column_text][/vc_tta_section][vc_tta_section title=»Anonymous» tab_id=»1528297839889-4e57b649-69f1″][vc_column_text]Go to the Miner Stats page and enter your XVG address to the search box.[/vc_column_text][/vc_tta_section][/vc_tta_tabs][vc_column_text]

5. Get rewards

[/vc_column_text][vc_tta_tabs][vc_tta_section title=»Registered user» tab_id=»1528297985819-e0f9b6e4-c68d»][vc_column_text]You will mine on the pool’s common XVG wallet and then withdraw rewards to your personal wallet from minerall.io account.[/vc_column_text][/vc_tta_section][vc_tta_section title=»Anonymous» tab_id=»1528297985865-0235a4d0-d85f»][vc_column_text]You will receive auto payouts to your personal XVG wallet once per day.[/vc_column_text][/vc_tta_section][/vc_tta_tabs][/vc_column][/vc_row]

Minerall.io reduced the withdrawal commission: from now on it’s ZERO

Our team spends a lot of time wondering if there are any other improvements we can implement to increase our users’ mining profitability. With our recently announced new user panel design miners have got more functional features and more detailed statistics to feel improvement to their mining experience. The Stratum protocol was enabled to add more variability to your mining experience.

What’s next? A lot happened since our pool has started its mining path and first miners joined us. We’ve tripled our pool’s hashrate, more than 2000 Eth blocks have been mined, and tens of new miners have joined our club.

We have reduced the withdrawal fee several times. Firstly it was 0.002 ETH, then — 0.0005 ETH. And from today, the Minerall.io withdrawal fee is ZERO. It’s not going to be any less, but won’t increase either 🙂

More updates are to come soon. Join us and mine with the maximum profitability!

Minerall.io at WDMS 2018: Georgia, thanks for everything!

September 21-23, our team attended the WDMS 2018 in Georgia. We want to thank the hosts, speakers, and everybody we met with during this conference, the days we spent in Georgia were both productive and full of positive emotions. Our special thanks go to the Georgian hospitality of which everybody has long been aware, but it still manages to amaze)

So what were we doing there? A lot of meetings were booked in advanced, with miners and new possible partners (check our updates). Of course, we couldn’t miss the opportunity to listen to the guys from top world exchanges and pools. It’s a pleasure, that everybody among the mining community understands the necessity of implementing green-mining technologies and saving our nature. We at Minerall.io are definitely for it!

And a couple of photos of us)

Thanks, WDMS! Hope to get back to Georgia next year!

More conferences we visited: Blockchain UA 2018