What Is Mining Ubiq UBQ Mean
Feb 08, 2017 How to mine Ubiq (UBIQ) on pool Explained in details how to mine Ubiq. MINING Software for Ubiq (UBIQ): Genoil Ethminer 1.1.7.
Bitcoin BTC Minning Pool more. The purpose of this tutorial is to show you how simple it is to setup a dual miner for Ubiq & Siacoin. I currently mine both of these coins to my Bittrex account as I already have a ton of wallets, but I will link you to both wallets also.
Pre-requisites: Optional: (For overclocking Nvidia GPUs) Wallets: (Not required if mining to exchange) (I prefer Fusion for Windows 10) (Sia-UI contains wallet and other features) Exchanges that support both coins: (I mine to here, better for day trading) (Less volume, usually lower prices if buying, do not support mining to the exchange) Pools: (There are more but these are the two I recommend. This is also where you’ll see your mining stats) First thing we need to do is get your wallet addresses: If using the Ubiq Fusion wallet – Add account and create a new account If using the Sia-UI wallet – Go to wallet – new wallet and create your wallet If using Bittrex - Login to your account, type in Ubiq under “Search:” then click the plus button – Generate new address. Copy this down somewhere. Do the same for Siacoin Now that you have downloaded Claymore and setup wallets or exchange accounts, you must create a batch file to run the miner. • Open the directory that you have download Claymore – Unzip folder • Go into the main directory where you’ll see multiple.dll.txt. And EthDcrMiner64.exe • Right click – New – Text Document a. Name this UBQ-SC • Open UBQ-SC – Click File – Save As • Under File name: type UBQ-SC.bat • Under File type: hit the down arrow and click All Files - Save This will save your file as a batch file.
Now you can begin to put in your code. Copy/Paste this into your notepad: EthDcrMiner64.exe -epool ubiqpool.io:8008 -ewal YourUbiqWalletAddress -epsw x -dpool stratum+tcp://siamining.com:7777 -dwal YourSiacoinWalletAddress -dcoin sia -dcri 20 -allcoins 1 Now simply replace YourUbiqWalletAddress with your Ubiq address and YourSiacoinWalletAddress with your Siacoin address and Save. For more information about what each command does, you can simple read the “ ReadMe!!!txt” file in the Claymore directory.
You can use these commands to make your miner perfectly fine tuned. You’re good to go!
Simply exit out of the batch file then double click UBQ-SC.bat and begin mining!! In order to check your up to the minute stats on both pools, click the links under “ Pools” earlier in this tutorial and paste your wallet addresses in each corresponding pool. ( Protip: Once you click enter with your address in there, save the link as a bookmark for easy access). Please upvote, follow, and resteem! If I helped you out, help me out 😉 Ubiq Address: 0xa8196f2c519eb1f0c1d3 Siacoin Address: 7b3c22c3a474566ff6573200cf3991420f8bfa0bb6507e.
Ubiq has the potential for MASSIVE gains in 2017/2018 Is UBIQ ($UBQ) better than Ethereum? The Flux Difficulty Algorithm™ is one of the innovations of the Ubiq network. Prior to Ubiq there have been other Ethereum forks which were attacked as they did not have an adequate difficulty algorithm which was able to dynamically adjust to hash rate. In the picture below you can see the phenomenal effect once this algorithm was used in Ubiq at smoothening out fluctuations to give an average of only 88 seconds per block over time!!!!!!!
( ) Exponentially Subjective Scoring is now an optional flag for services like exchanges and pools to calculate during any adverse network conditions including forks. This protection exponentially reduces the window a double spend can take place while also providing seamless consensus of nodes on the “longest” chain. Designed Monetary Policy, block rewards will start out at 8 and decrease by 1 yearly until it reaches a minimum of 1 UBQ per block The longer block times of Ubiq means the DAG size growth will be much slower, allowing graphics cards with 2GB RAM to mine for over 6 years. In Ethereum 2GB graphics cards were obsolete a bit over a year later after launch as seen in the chart below. Ubiq carries forward 3 years of value, growth and development from the JBS network. It is Fair Launch cryptocurrency with zero premine or ICO Fusion Wallet (www.ubiqsmart.com) The Team Julian Yap Well experienced in building blockchain technology and Systems Engineering working with notable projects like Bittrex (over 100 coin code reviews), Blocktech and Decred.
Julian has provided several key principles of design, networking and economics to the project. Luke Williams Joining the space in early 2012, Luke became well known within the blockchain community for building and providing resources and services. The creator of Iquidus Explorer, a blockchain search tool deployed for many ledgers in the industry. He is also the Technical Director for his company KryptoTech located in Spain. Kris Hansen Along with bringing many relationships in the existing fintech space, Kris is a capable developer for a wide range of systems and languages.
He is helping with several technologies and use cases for the project along with contributing to the blockchain codebase. Alex Sterk Appearing with blocktalk in early 2015, Alex has met and interviewed a host of notable people and projects in the cryptocurrency industry. Examining them across many attributes but providing meaningful education for many across the space, Alex brings his networking and management skills as our community manager Summary.