One-click Miner Download EXCLUSIVE

I just installed the one-click-miner on another PC, and realized many of the guides referred to by the Vertcoin website are outdated, so I decided to add my own, more recent guide. Dated October 26, 2017.

All of the AV companies that flagged the One-Click Mining software have been contacted, and it was explained that the software is an intentional crypto miner, where the user must manually start the mining process.

One-click Miner Download

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Note: In the instructions above, I entered a Miner Name Safex 1-click, then selected the AUS pool. When I clicked start, the miner name showed up as undefined. This is because all SafexNinja pools require an @ at the start of the miner name. After I stopped the miner and changed the name to @Safex 1-click in the miner name field, the name appeared correctly in the pool Worker Stats after I started mining again, as can be seen in the image above.

You may see a discrepancy between the hashrate showing in the One-Click Miner, and what the mining pool sees it as. Generally, the reported hashrate will be about the same as the miner hashrate over the 24-hour average. The way pools calculate miner hashrate, and many other aspects of mining, are explained in that other article linked in the previous paragraph.

When running it, my GPU temp doesn't even exceed 61C and my fans are slow, where if I were to mine something from a different miner like miniZ or lolMiner, the card gets considerably warmer and the fans up their speed.

OK so i downloaded one click miner and windows defender comes up with a virus. I wasn't sure if it was actually the one click miner or not. I wiped the rig and reinstalled everything. As soon as i install one click miner again i get a virus. Is anyone else having this issue?

Vertcoin community is made-up of committed users and miners that are fighting hard to keep the network away from ASIC mining giants. It only time that can tell that for how long such a dedicated community can continue to progress and keep themselves safe from all attacks.

To make mining even easier for users, the developers are working on a desktop miner. This is a program that people can install on their computer to earn VTC or any other coin. This is the easiest way to mine any cryptocurrency.

Please remember that these are just our predictions, we are not at all financial advisors and no one knows where the price of VTC will go in future. Also, Vertcoin is a small community of miners and users that are fighting against giant ASIC mining firms, so it is possible that may lose that fight and VTC coin and its mining become centralized.

The video shows me clicking a link in a webpage2, which causes a cue sheet to be downloaded. Because the file is saved to ~/Downloads, it is then automatically scanned by tracker-miners. And because it has a .cue filename extension, tracker-miners uses libcue to parse the file. The file exploits the vulnerability in libcue to gain code execution and pop a calculator. Cue sheets are just one of many file formats supported by tracker-miners. For example, it also includes scanners for HTML, JPEG, and PDF.

I want to be clear that this bug is not a vulnerability in tracker-miners. But I have focused on tracker-miners because it magnifies the impact of this bug due to the way that it automatically scans the files in your ~/Downloads directory.

The current game theory of how Stacks mining is designed is leading to a low # of miners and low mining throughput. Below I will explain how to increase the number of miners and the total mining throughput.

This solution can be applied to the current situation, where fixed cost tx fees drive smaller miners into unprofitability. See my post explaining it: Stacking: a New Consensus Algorithm for Blockchains - #60 by shea256

The key here is that the bid would be required to have collateral which would make the incentives function similar to the current Nakamoto-style consensus design (e.g. you can spend more to have a higher chance, you would just have to run multiple miners, but the number of miners you can run is limited by how much capital you have posted as collateral). We could even use DLCs (see DLC Link) to post Bitcoin as collateral.

To change the consensus algorithm, it is important to better define the problems and the goals. Do we want 1000s of miners? Then mining pools could be a good solution. Do we want to enforce that miners include more txs in blocks? Then more hard forks could help (maybe).

If I understand correctly, the way this new mining model would work is as follows: to start a miner must run a Stacks node and Bitcoin node, same as today. In order to be eligible to compete, a miner must also post an amount of STX as collateral that is equal to the STX coinbase reward (currently 1000 STX). Each sortition cycle the miner offers some amount of BTC that they are willing to pay in exchange for mining the next STX block. Sortition is run using the VRF (same as today), but only the winning miner that is chosen actually spends the BTC bid, while all other miners retain their BTC bids.

In the current model the total commit would be 1.25m + 1m + 500k = 2.75m sats

The weighted average price for the block would be around ~2.2m sats. Using that price the commit used to calculate the probability of winning the block should be 1.1m for miner A, 1.1m for miner B and 550k for miner C.

In this new model, my naive mind hopes that miners who overprice the block rewards subsidise the probability to win of miners that underprice the block rewards creating an incentive to increase profit for miners and creating space for new miners.

This effects stacking by increasing the stacking reward. The reason is that the participants in the market equilibrium should be willing to pay more for the block reward as they no longer have to pay btc fees each block. Thus there is a miner surplus that is created and the competition between miners drives up the bid until the miner surplus becomes the stacker surplus. For example, if btc transaction costs are 5% of the amount of btc spent, this update would decrease the costs by 5%, driving the amount spent to stackers up by 5%.

For Bitcoin miners, they buy higher performance miners to maximize their hash rate. Of course, the performance of miners continues to improve over time, but in order to reach a high hash rate in a shorter time, miners scale horizontally by purchasing more miners.

However, if we apply the limit of bidable BTC per block to impart fairness to miners, it will naturally induce miners to horizontally scale to obtain larger potions. At the same time, the Stacks network nodes will naturally expand as well.

++ If there is a mining software or dashboard with a simple UI/UX for the public, it will be of great help to the mining participation. We talk about easy participation in mining, but in reality, it is very difficult for normal people without expertise to set it up. Such as one-click miner setup tool with auto-mining software upgrade.

A subset of Stacks miners would randomly be determined as potential winners for a given block and then they would post commitments, in this model? Or would it be first-come-first-served slots?

EDIT: might have gotten mixed up between applying the limit to the # of miners who can win a block and applying the limit to the amount a single miner can bid.

Miners coming and going also affects Bitcoin PoW and this is smoothed/controlled with the difficulty adjustment algo. Can we devise something similar like a "cost adjustment" algo that changes cost limits for all miners based on the total number of participating miners? Eg, it could lower the max allowed BTC bid per miner per block as the number of miners increases and vice versa.

Vertcoin is a cryptocurrency that has already proven its worth in the crypto world and is climbing higher in the rankings. VTC was made to be ASIC-miner-resistant. That's why the token can be mined only on CPU and GPU computers. The cryptocurrency is also integrated with Lyra2REv2 technology, strengthening the network and keeping ASIC miners away from the crypto.

Vertcoin's focal point is that it completely prohibits miners from using ASICs to mine on its blockchain. Such an approach takes us back to those good old days when all we needed to get into the mining game was a decent graphics card or your PC's processor.

To make Vertcoin mining more rewarding, understanding how to mine Vertcoin efficiently is crucial. By sharing their computing power in a group, miners can earn faster rewards. Before beginners delve into how to mine Vertcoin with GPU or how to mine Vertcoin with CPU in a pool, thorough research is essential to avoid scams and ensure maximum Vertcoin rewards. In addition to that, mining pools are often composed of seasoned miners. Beginner miners may learn from them and develop their own mining skills.

As mentioned above, Vertcoin uses a new POW algorithm dubbed Lyra2RE. As described in the Vertcoin whitepaper, Lyra2RE is a NIST5-based chain algorithm developed to reduce the miners' dependency on ASIC. The VTC development team launched the 'anti-ASIC' campaign in 2014. They strongly emphasised implementing the Lyra2RE algorithm in their network instead of the previously used Scrypt-N POW algorithm.

Lyra2RE aims to eradicate additional power consumption, which is one of ASIC mining's major drawbacks. Unlike Scrypt-N, Lyra2RE is specifically designed to allow lower power consumption and cooler GPU temperatures. Lyra2RE also lets users change memory usage and time costs independently, providing miners with better control and leverage against ASICs.

Is it profitable to mine Vertcoin (VTC)? This is a reasonable question that will come to a miner's mind, whether they're a crypto market beginner or professional. For this reason, check out the following steps for how to calculate VTC mining profit.