In this article, I ’ thousand going guide you through mining Polygon MATIC on your personal calculator .
What to Mine Next : A cost-efficient Guide on Crypto Mining
What to Mine Next: A Cost-Effective Guide on Crypto Mining
so, you ‘re matter to in earning passive income by mining cryptos ? You ‘ve come to the right target, so you … Read more
Mining Polygon MATIC via Unmineable platform
Unmineable.com is a cryptocurrency mine chopine that makes it easy for anyone to enter into crypto mine without any Application-Specific Integrated Circuit ( ASIC ) or Graphics Processing Uunit ( GPU ) required. With the Unmineable mine software, you can start mining on your window personal computer or Mac .
As MATIC is not a Proof-of-Work ( PoW ) nominal, therefore you can ’ t mine it. alternatively, you can join the Matic network and set up a validator node to collect transaction confirmation rewards .
How does Unmineable allow non-mineable coins to be mineable
Unmineable has created a simple alternative for miners and regular users to begin earning their favored cryptocurrency. The fundamental mining mechanism is based on real-world mineable currencies that employ the Proof-of-Work ( PoW ) algorithm .
In summation, there is a background exchanging procedure that changes the real mineable currentness rewards to the coin selected by the user .
On each award, the conversion is done in real-time and it seems like the exploiter is mining the non-mineable currency. furthermore, the users don’t have to pay any extra substitute costs .
Any likely external costs are already included in the 1 % that the platform charges and there are besides no fees for payouts or withdrawals .
Step 1. Get yourself a Metamask wallet
To get a wallet, take the follow steps :
- Download the Metamask Chrome Extension from metamask.io.
- After installing it, you will see the icon in your extensions. Click on the icon and a new page will open.
- Here, click “Get Started” and then click “Create a Wallet”.
- Now, create a password for your account.
- Write down the Secret Recovery Phrase. These phrases will make it easy to backup and recover your account later.
- Enter your recovery phrase in the exact sequence to confirm your Secret Recovery Phrase.
That ’ s it. You ’ ve got yourself a wallet .
Step 2. Add olygon network to MetaMask Wallet
After the wallet is created, you will now need to add the Polygon network to MetaMask. Follow the instructions below :
- Go to MetaMask in your browser.
- Click on the current network “Ethereum Mainnet”.
- Choose the option “Add Network” at the bottom of the list.
- Enter the Polygon Mainnet’s settings as following:
Network Name:Polygon Mainnet
New RPC URL:https://rpc-mainnet.maticvigil.com/
ChainID:137
Symbol:MATIC
Block Explorer URL:https://explorer.matic.network - Once this is done, click the “Save” button.
The Polygon sidechain will now interact MetaMask. You only need to change the network whenever you want to run a dApp on Polygon, and you ’ ll motivation to change it again when you want to return to the Ethereum Mainnet .
Step 3. Download latest version of XMRig MSVC
future, you need to get the most update adaptation of XMRig MSVC from the official web site or this Github source .
Extract the .zip file and locate a file called pool_mine_example.cmd in the XMRig folder and change its contents .
It should look something like this after editing :
cd %~dp0 xmrig.exe -o rx.unmineable.com:3333 -u MATIC:0xf16dC7206eDa50C26E49179191a3b533C82fDBEc.wkid01#3185-zsxj -p x --cpu-no-yield pause
The Pool URL may be found after the -o on the second line. Use one of the take after URLs, depending on your placement. Choose the one that is closest to your current placement .
- USA:
rx-us.unmineable.com:3333 - Europe:
rx-eu.unmineable.com:3333 - Asia:
rx-asia.unmineable.com:3333
Add the populace address of your wallet after “ MATIC ” and before the point on the third line. The address should have the following social organization :
MATIC:[Wallet address].[workerID]#[Code to lower mining fee]
Explanation:
The workerID can be any appoint you want to assign to each calculator where the miner is running then that it may be readily identified in the pool metrics subsequently .
The code following the # is valuable because mining with it reduces the Mining Fee from 1 % to 0.75 percentage ( which is critical in mine ) .
With the referral code 8gs8-l24t, you may begin mining right now .
Run the file as an administrator and Matic should start mining .
Step 4: Check your mining stats in Unmineable.
When you set up the address in the pool_mine_example.cmd file, you allow Unmineable know that you want to receive MATIC coins, and you ’ ve besides indicated the address at which you want the mine MATIC coins to be transferred to .
To check your remainder :
- Log in to Unmineable.com and select “MATIC” as the currency to mine.
- Go to the “RandomX” tab and insert your address into the box that says “Enter your address to check your stats:”.
- You should be able to check your account balance, or even request a paymen if there’s any.
Conclusion
Since the begin of the year, the price of Polygon has risen significantly. MATIC appears to be attracting an increasing numeral of investors. The network ’ south activity is increasing significantly, as is the count of users and applications, and Polygon is becoming increasingly relevant on sociable media .
Hoping this scout helped you figure out how to start mining Polygon Matic .
Leave a Comment