Mining

How To Mine Helium: The Ultimate Crypto Mining Guide

What is the Helium network and token?

The Helium network is a decentralized wireless network designed to power the Internet of Things. The Helium token (HNT) is the native currency of the Helium network and is used to incentivize participation in the network. Helium miners are rewarded with HNT for their contributions to the network.

How much can you earn with Helium mining?

The amount you can earn with Helium mining will depend on a number of factors, including the size of your mining rig, the amount of power you’re willing to commit to the network, and the current price of HNT.

At current prices, one HNT is worth $0.40 USD. This means that if you were to commit one hour of mining time to the Helium network, you would earn $0.40 worth of HNT.

Of course, prices can fluctuate and this is only an estimate. The important thing to remember is that you will be rewarded in HNT for your contributions to the Helium network.

How do I start Helium mining?

If you’re interested in starting Helium mining, there are a few things you’ll need to get started. First, you’ll need a computer with a GPU. Second, you’ll need to join the Helium network by signing up for an account on the official website. Finally, you’ll need to download and install the Helium mining software.

Once you have all of these things, you’re ready to start mining HNT!

Is mining cryptocurrencies profitable at all?

The profitability of cryptocurrency mining depends on a number of factors. The most important factor is the price of the currency you’re mining. If the price of the currency goes up, then mining becomes more profitable. However, if the price of the currency goes down, then mining becomes less profitable.

Another important factor is the difficulty of the mining process. The difficulty of mining varies depending on the currency being mined. Some currencies, like Bitcoin, have a very high difficulty level, which means that it is more difficult to earn rewards for mining. Other currencies, like Ethereum, have a lower difficulty level, which means that it is easier to earn rewards for mining.

The final factor to consider is the cost of electricity. Electricity costs can vary depending on your location, but they typically make up a large portion of the total cost of mining. In some cases, electricity costs can be higher than the value of the currency being mined.

When all factors are considered, cryptocurrency mining can be a very profitable endeavor.

Conclusion

We hope this guide has been helpful in getting you started with Helium mining. If you have any questions, feel free to leave a comment

How to Mine Safemoon Crypto – The Ultimate Guide

Are you wondering how to mine Safemoon crypto efficiently? Unlike some other cryptocurrencies such as Bitcoin, or Ethereum, Safemoon cryptocurrency cannot be mined directly. However, a process will enable you to mine Safemoon so efficiently that you will not even notice that you are not mining this cryptocurrency directly.

In this article, we will show you how to mine Safemoon crypto by presenting you with the ultimate guide with step-by-step instructions.

Get a Wallet for Safemoon Crypto

Before we get to the question of how to mine Safemoon crypto, first, you must obtain the digital wallet in order to receive money. While there are plenty of wallets to download, we highly recommend the Trust wallet and the Metamask wallet, especially if you are a beginner in Safemoon mining.

Trust Wallet

You will be able to quickly get the Trust Wallet without the initial charges by downloading it via Google Play Store or Apple store. The Trust wallet currently has over 5 million users and supports Safemoon Crypto.

Hardware wallets like Ledger do not support Safemoon cryptocurrency. However, Trust wallet is an excellent choice. To increase the security level, you can introduce scanning the fingerprint or pin code usage protective measures by going to the Settings tab on the app.

Metamask Wallet

Metamask is a beginner-friendly digital wallet with over 10 million current users. With this wallet, you can swap and store tokens by downloading them free from the Google Play Store. There are gas fees and dynamic service fees that range from 0.3% to 0.875%. However, since this wallet is one of the best you can use for Safemoon cryptocurrency, it is completely worth it.

Download the Unmineable Software for Mining

Since you cannot mine Safemoon directly, what you can do is to download the unMineable Software.

  • Go to unMineable.com, and you will see the option to download it. You can avoid the notifications about potential threats by changing a few setups on your computer.
  • Click on the three dots in the upper right corner, next to your profile picture.
  • Click on Settings -> Privacy and Security -> Security -> Scroll down and click on the No protection option -> Turn Off.
  • Next, go to PC search -> Windows Security -> Virus and Threat Protection -> Virus and Threat Protection Settings -> Manage Settings -> Real time protection -> Off.
  • After following these steps, you can download the unMineable and open the file.

Mine from your PC or a mining rig, and start enjoying the benefits of a passive income

How to Mine Safemoon Crypto Using Unmineable?

You can quickly learn how to mine Safemoon crypto with unMineable by following the steps and choosing suitable options. After downloading the mining software, you will be able to determine whether you want to mine with a CPU or a GPU. GPUs are stronger, and you will be able to mine more efficiently by using a high-quality GPU. However, if you are just beginning, you can also use a CPU.

Click on Start. A new window will open, and here you should enter the Safemoon address. You will also be able to enter the referral code if you have it and decrease the Dev Fee to 0.75%. The regular fee is 1%, and with the referral code, you will be able to reduce it.

After you click on Start, a new page will open, where you will be able to go to Settings and adjust the mining Intensity that you want. We recommend that you choose High intensity for maximum results. Click on Save.

In the Settings sections, you will also be able to choose the algorithm for mining. If you are mining using a CPU, you don`t have to change anything. But, if you are mining with GPU, you will have several options to choose from depending on your GPU.

For example, for a graphic card of 3 GB, you can use Autolykos, Kawpow, or Etchash algorithm. On the other hand, if your GPU is 6GB or more, you should use Ethash.

Choose a miner from a list of options. You will be able to choose from the following: Phoenix miner, lolMiner, NBMiner, T-Rex Miner if you are mining with GPU. For CPU mining, you will be able to choose from Xmrig, or use Our easy mining app.

Once you click on Start, you will be able to see the Hashrate and monitor the mining process.

How Much Time Does It Take To Obtain One Safemoon?

Now that you know how to mine Safemoon crypto, the next question would be how much time it take to obtain one Safemoon. And the answer is around five minutes, depending on the type of GPU that you are using.

Why Do You Need to Use Unmineable to Mine Safemoon?

How to mine Safemoon crypto without using unMineable? While there are some apps that claim to have the option for this, we do not recommend it. The Safemoon crypto is a proof-of-stake and not a proof-of-work cryptocurrency, meaning you cannot mine it directly. Instead, you can mine it by downloading the unMineable Software and receive a payment in Safemoon coins.

Safemoon Payment Information

The threshold for the minimum number of Safemoon coins that you need to mine to get paid is 7000. Once you earn 7000 SFM coins, you will be able to make a transaction. Note that there is a 10% transaction fee if you want to collect your money.

The reason for a fee that high is that Safemoon is intended to be a long-term investment. Namely, the owners discourage frequent transactions by setting up a high transaction fee.

One portion of the fee goes to the long-term holders, while the rest goes straight to a liquidity pool. The liquidity pool serves to keep this cryptocurrency stable.

The minimum amount of the Safemoon that you can withdraw is 7000.

Mining Safemoon Crypto Has Never Been Easier

We have seen the process of how to mine Safemoon crypto, so you can begin mining anytime you want. With a few simple steps, you will be able to mine Safemoon crypto from your PC and even your laptop. And remember, the more high-quality your GPU is, the better results you will achieve.

What Is a Mining Rig and How to Start Crypto Mining?

If the idea of earning a passive income from home gives you a buzz, then you might be interested in cryptocurrency mining. Crypto mining is, simply put, the process of creating new tokens that provides a way to stack up some without investing any money in the tokens themselves. Yet, this all wouldn’t be possible without mining rigs. In today’s blog post, we are talking in-depth about what is a mining rig, how to mine cryptocurrency on a PC, different categories of rigs, and whether purchasing one would be profitable in the long run.

Knowing that tokens don’t just appear of thin air, you, as a miner, should posses technology that is able to solve complex mathematical problems before everyone else. To get started with crypto mining, you are, obviously, going to need powerful hardware – not just any but a purpose-built, mining PC, and high-quality graphics cards. 

A mining rig is a system that solves the PoW (Proof-of-Work) puzzle and makes it possible for miners, that are competing against each other, to validate transactions. Keep in mind that the number of miners tells a lot about the network and makes it more or less robust and secure. The more miners, the better, while less miners can also mean potentially greater rewards.  

The miner that cracks the code first receives the block reward –  a fresh token, to their wallet. So, now that is clear that blockchain networks require intense computations, you get it that it is crucial to equip yourself with a good cryptocurrency mining rig. Yet, there’s not just one but several types of mining rigs. 

Mining Rigs – Categories 

Originally, miners used high-performance personal computers or laptops and built-in CPUs (central processing units) were able to handle block verification demands. However, as more people were drawn in the game, the demand became more complex. CPU mining partially fell into disuse from the moment when miners realized that they could use graphics cards to generate more mining power (GPU).

Nowadays, you can use a high-end graphics card to mine new tokens but, if you’re serious about this kind of business, you should better switch to ASICs (Application Specific Integrated Circuits), specialized mining equipment, that provides better performance in terms of speed and uses less energy at the same time. 

As an illustration, crypto mining machine equipped with ASIC chips are used for mining Bitcoin. Back in the days, miners used central processing units in their laptop or desktop devices. However, nowadays, when there are thousands of Bitcoin miners, CPU and GPU mining, that simply don’t feature immense computing power, go out of business.

On the other hand, some cryptocurrencies such as Ethereum, Safex Cash, Aeon, and Monero are resistant to ASIC mining, thus, you have to stick with the CPU/GPU mining. The good thing of all this is that not only large-scale institutional miners can benefit from mining but average ones as well. So, if you want to mine ETH in 2022, GPU mining is the way to go. 

ASIC crypto mining machine have a couple of weak points as well. Before anything else, they are unduly expensive, and average miners get easily kicked out of the game, while the ones that are really making money are (guess who) – companies that are selling mining rigs. Also, ASIC miners are impossible to configure so they can mine all kinds of cryptocurrencies. Lastly, as you would expect, return on investment when it comes to older ASIC machines drops down bit by bit as new, advanced ones are launched. 

In order to get the best of both worlds – diversity when it comes to mining a wider range of tokens ASIC mining can’t provide, and more efficiency than GPU mining provides, go for FPGA (field-programmable gate array) mining. And, if you don’t want to buy rigs, try a cloud mining service that makes it relatively easy to mine coins whilst saving you a decent amount of money you’d, otherwise, spend on hardware maintenance. 

Is It Possible to Build a Mining Rig?

Yes, you can either upgrade your PC with a top-end GPU or build your own mining rig if buying a brand new, finished product is not an option. Keep in mind that you are going to need a high-quality gaming PC since an average mining PC won’t do much. 

However, if you want to really unleash your mining and earning potential, build a mining rig from scratch. Buy a motherboard, CPU, several GPUs (maximum 19), and a PCIriser. A mining rig like this can run algorithms more expeditiously, 24/7, since multiple GPUs multiply the rig’s hashing power. 

Is Mining Profitable?

Well, it depends. Factors such as the cost of the cryptocurrency mining rig, the cost of electricity where you live, mining difficulty (variable, since it is tied with the number of miners on the market), and the price of the token you want to mine. 

For instance, if you want to mine Bitcoin, you’d better double check on all of the costs involved. Bitcoin mining is, most of the time, not profitable for individual users. Use a Bitcoin mining profitability calculator to see whether to go on this mission or to skip it. Alternatively, you can still buy a high-quality mining rig and join a mining pool (a group of miners) and split rewards. 

Summary  

Crypto mining is definitely on the top 10 list of passive income ideas, however, it still requires a significant initial investment. Now that you know what is a mining rig, you can start exploring your options and decide whether you want to buy one or to build one.