How to Mine Pirl
Pirl coin has Ethereum based blockchain, which strengthens its accessibility, values research, innovations and dedication. This combination makes it attractive to both miners and investors. Its safely protected trading nature and decentralized file storage make it valuable to many in the crypto world. You can make very good profit if you mine for Pirl in a pool, using ASIC machines. Learning how to mine Pirl requires a review of some key moments: …more
- Which hardware to use and why – be one step ahead of others, using Antminer
- Wallet – pick the official Pirl wallet to seal the deal
- Configurations – for ASICs the pool and the machine have to be synced
There’s also another option to mine Pirl, which doesn’t require a mining equipment. We’re speaking of the so called cloud mining, which will discuss later. Now, keep on reading and learn how to successfully mine numerous Pirls.
Why You Should Mine Pirl?
Pirl’s interface is very user-friendly and its online decentralized features can be considered a threat to some of the cloud providers. This cryptocurrency is minable with both ASICs and GPUs, relying on the concept “people for people”. It must be noted that it works on a Proof-of-Work model with no intentions to switching to Proof-of-Stake. Another huge plus is the developed master node, capable of working on a DAG structured blockchain. This and the additional service networks for storage and contents is what makes Pirl mining and the coin itself, a stable choice to invest in.
Best Way to Mine Pirl
The best way of Pirl mining is by joining a pool and investing in ASICs like Antminer E3 from Bitmain. For those of you who aren’t willing to spend much, a Claymore Dual GPU Miner (AMD+Nvidia) is your best option, and it’s backed up by Windows and Linux OS. In this article we focus on the most profitable way of mining Pirl, which will guarantee you the wanted results – mining with ASIC. We’re going to show you the best choices of Pirl mining hardware devices in one of the sections below. Before you start mining, make sure you meet the minimum requirements, which we’ve listed below.
Let’s get back to the pool part. In case you still aren’t sure, note that it ensures split repeated rewards in short periods of time, thus providing you with a stable income. Got your attention now? Great, let’s continue.
What do You Need to Start Mining Pirl?
The first thing that should pop into your mind has to be the mining gear. The next minimum requirement is the connection both to a very powerful electricity network and to an internet connection with no delays. Finally, you need the key to the crypto world, which is also helping with the management your coins – a wallet. Here we always suggest the official coin wallet, because It’s the safest option. In summary, you need to consider.
To summarize, all you need is:
- Accurate hardware
- The wallet you will use
- The setup and configuration of the software and hardware
- Enough electric capacity
What Else You Need to Consider?
Make sure you get cooling fans, because the overheating of a machine can damage it extremely. Check out some of the solutions we suggested for the ventilation and the noises, and also some of the cooling options you can try. You can find all that and some additional information in our article: (Ventilation, noise and cooling decisions for our hardware). The way you mine – solo or in a pool, is another thing to look at. We have mentioned pool mining so far, so now let’s say a few words about mining alone. It’s important to mention that it’s not so profitable. Finding a new block can sometimes take up to a year and is about pure luck.
Another important thing is the configuration of a wallet. Check out our suggestions and decide which one suits you.
Option 1: Install a desktop wallet – download it from the Pirl official website, according to the version of your OS.
Option 2: Set up a web wallet – use the address wallet.pirl.io and handle your wallet right from the browser.
Option 3: Wallet on an exchange – use an exchange, for example Cryptopia. Register and go to the Deposit page, search for Pirl and get your address.
Check the web and desktop wallet version by clicking the following link:(Pirl official Wallet)
Here’s a guide on how to manage it exactly:
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Step 1: Visit www.wallet.pirl.io and create a new wallet (password must be at least 9 characters long
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Step 2: Download the Keystore file. It contains all your information such as wallet address, so keep it safe.
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Step 3: This page offers an alternative to the Keystore – private key to login and access your account. We recommend printing it as a paper wallet and keeping it safe.
To sum it up, pay attention to the following:
- Hardware produced heat and noise
- Maintenance on a daily basis
- Wallet choice and configuration
Best hardware to buy in order to mine the Pirl coin
The Ethash algorithm corresponds well with the Bitmain E3 miner and GPUs from AMD or Nvidia, as already noted. We’ve suggested some of the best hardware solutions, so you’ll be able to compare it with your needs and make the right call when choosing one.
In this table, we compare the performance and the price of only one ASIC miner with a couple of GPU`s.
Recommended Pirl/PIRL Mining Hardware
When picking Pirl mining hardware, here is what you should be looking for:
- Energy-efficiency: check the price for the energy consumption per kilowatt hour
- Lower ROI: search for a lesser period
- Durability: cards dedicated to mining are more durable compared to the regular gaming ones
- Hashrate: the higher the speed, the bigger the profits
- Brand: check the warranty coverage
- Resale value: in case you decide to stop mining and sell your equipment
Setup and Configuration of Hardware and Software
Let’s first look at the step-by-step Antminer E3 configuration.
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Step 1: Connecting your hardware
Connect the Internet cable to the standard LAN port located on the control board. The next step is to plug the cables coming from the power supply unit (PSU) into the sockets of your Pirl miner and then connect the PSU to the electricity network.
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Step 2: Choose a mining pool
Here are a few suggestions to help you when searching for a suitable Pirl mining pool
2miners.com
Server locations:
–Reward system: PPLNSAverage fee: 1%Our choice.aikapool
Server locations:
–Reward system: PROPAverage fee: 2%Pirl.minerpool
.Server locations:
–Reward system: PROPAverage fee: 1%Create an account and obtain a username and worker details if they are required for mining. You will also need to write down the pool address and port for the pool configuration.
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Step 3:Find the IP address of your mining hardware
In order to access the configuration, you need the IP address. You have to access the DHCP server on your router and check for the IP address that the device received.
Another option is to use the IP Reporter software that comes from Bitmain. You can follow the instructions in the manufacturer’s website
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Step 4: Login the web interface of the miner
Enter the IP address of the Antminer to access its interface. Check the manual of your miner to find the right login credentials. Usually both the username and the password are “root”.
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Step 5: After successfully logging in, enter the pool information.
It’s recommended to have at least 3 groups of mining pools, so you can switch between them in case a pool isn’t responding.
Step 6: Save and Apply. The miner software will restart, so you’ll be able to monitor its activity from the status page.
Give it a few minutes and if you see accepted shares and an actual hashrate, then you’re mining, and your miner should be working properly.
Now a quick overview of the GPU AMD configuration:
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Step 1: Download the latest version of Claymore Dual Miner from the Bitcointalk thread.
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Step 2: Unzip the file.
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Step 3: After unzipping the file, look for the “start.bat” file in the folder, then right-click on it and press “edit”.
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Step 4: Replace all the information in that file with the one below:
EthDcrMiner64.exe -epool stratum+tcp://pirl.minerpool.net:8004 -ewal YOURADDRESSHERE -epsw x -allpools 1 -allcoins 1 -gser 2 -eworker rig1 Change “YOURADDRESSHERE” with your Pirl Address If you have more than 1 rig, you have to change the “rig1” with your desired workernameStep 5: Save the file.
Step 6: Double-click the “start.bat” Batch file,
That’s it! You are now mining Pirl!
Pirl Cloud Mining
At last, we are getting to cloud mining. If you’re overwhelmed with all the Pirl mining hardware and software setup, and with the big electricity bills, this is your best alternative. It gives you the opportunity to mine for rent, using a provider’s capacity and all you need to do is sign a contract. You’re going to miss on all the fun from mining but won’t need to worry about any technical details related to the mining process. The provider makes all the decisions for you and in return you just have to pay a monthly tax. You can learn more about that by checking our page on Cloud Mining (Cloud Mining). Some reputable providers to consider are:
- HashFlare
- Genesis Mining
- Mining Rig Rentals
Pirl Mining Calculator
The Pirl mining calculator is going to give you an estimation of your profit. You need to enter your parameters in the fields, like the hashrate of your mining hardware, the power consumption and the pool’s commission percentage. Finally, you’re going to see the result, showing you the profits, you’ll make in an hour, day, week, month or a year.
Disclaimer:The Pirl mining calculator is created to help you estimate your mining profitability. The results depend on constantly fluctuating values, like the coin price and the network difficulty. The results are subject to changes at any given moment. They are 100% accurate only for the moment you click on “calculate”.
FAQ
How long does it take to mine 1 PIRL?
Depends on your hardware. For example, if you’re using an Antminer E3, it will take you about an hour to mine 1 coin.
How many PIRL you can mine in one day?
If following the example from the last question, it seems like about 23 coins per day.
What is the Pirl max supply?
The maximum supply of Pirl is approximately 157,000,000 coins
What is a Pirl masternode?
They are a series of servers underpinning a blockchain’s network. Masternodes are responsible for the enabling of specific services, which are not able to be accomplished by miners, using just a Proof of Work system.
Will Pirl change from PoW to PoS?
Pirl will always provide a PoW reward to miners securing the network. However, the proportion of rewards going to miners will decrease over time, until it is equal to the reward provided to Masternode owners.
Can I mine using raspberry pi?
Always possible, but not recommended.
Can I mine Pirl via my phone?
Its not possible, but having in mind the risk of overheating, it’s not really recommended even if it was possible.
Is it safe to mine Pirl?
Pirl mining is legal, so dig in! We’ve noted some exceptions such as Algeria, Bolivia, Ecuador, Bangladesh, Nepal and Macedonia. There are also countries in which trading it is legal, but you’re not allowed to use crypto-currency as a payment tool – Vietnam, Indonesia and Thailand
Is it legal?
Read well our section Which Ethereum Mining Hardware to buy.
Which are the best countries to mine Pirl?
Those with low electric bills, such as Australia, Japan, Germany and Spain.
About Pirl
Pirl is not a token, nor an ICO. It’s a community-based project, based on the Dagger algorithm of the Ethereum blockchain ecosystem. It has the first Etash based masternode network. Currently the team are working on the Poseidon platform, which is developed to be an all-in-one application for access to all Pirl features. They have also implemented a monetary policy for control over the inflation and for structuring the block rewards. One of the important goals in the coin’s roadmap, is the incubator program, designed to launch campaigns for sponsorship of startups. When considering Pirl’s future, the team behind it have planned the development of an external payment solution, which is going to allow the purchase of Pirl directly in fiat – this is going to allow everyday users to access it.
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