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RE: Koinos platform Announcement & KOIN Miner Setup - Mining Start On October 13th 2020

in LeoFinance4 years ago

there are some questions that poop up while reading.
how hard would be the mining (what should be the config that would be capable of doing it)
is there an option to configure a % of cpu used. if i do it on my pc that i use, i will probably not be able to use it :D
as someone who never mined anything, i how no idea how will this look like...

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Hello, @bil.prag and thanks for stopping by.

I can't answer your questions since my information is limited.

The following are my guesses:

  • the mining shouldn't be CPU hard since it is meant for everybody to be able to participate. I found this on official discord (https://discord.gg/782SDxf):

asgarth: there are some drawbacks on setting a very low proof frequency? Like 1 or 2 per week? This way the ETH fees will be much lower? Any specific risks?
[11:48 PM] asgarth: Also if you happen to have a larger server/pc will it make sense to run multiple miner at the same time? Considering that the requirements are quite low for a single instance?
[6:26 AM] Steve: @asgarth With a lower proof frequency you may get more variance in your rewards, sometimes getting larger and/or smaller rewards while being less frequent (depending on the state of the market maker)
[6:27 AM] Steve: The application will attempt to use all available cores on your machine, running one instance of the miner will utilize the full power of even a larger server. For this reason, it makes the most sense to only run one miner per server/computer.

Another reference from discord:

Minimum

the miner uses 2 mb of RAM and 247 mb of disk. We have successfully mined on a raspberry pi. You basically can't under-spec on RAM and storage

Maximum

andrarchy: the mining program uses whatever is available in the computer
If you open adobe after effects, the computer automatically divides resources based on what you're using
It will use whatever resources are available


Hope it helps :)

Thanks.

so i should look for my unused laptop with i7 second generation. and just hope it will not catch fire :D

I think it will work just great. I intend to run it on my desktop :)

i7-6700K with 32 GB

This should be enough too since the most CPU / memory hungry applications are Chrome and Adobe Illustrator :)