Mining
- Technical Introduction to Neva Mining
Welcome to the Neva Mining Documentation, your guide to mining on the Neva Proof-of-Work (PoW) blockchain. Neva uses a PoW consensus mechanism similar to Ethereum’s pre-Merge architecture, ensuring robust security and decentralization. Below, you'll find the requirements, setup process, and tips for successful mining.
System Requirements
To mine on the Neva network, your system should meet the following minimum requirements:
GPU: AMD or NVIDIA GPU with at least 4GB of VRAM.
Driver: Updated GPU drivers for optimal performance.
Operating System: Windows 10/11, Linux (Ubuntu preferred).
RAM: At least 4GB of system memory.
Storage: SSD with a minimum of 10GB free space.
Network: Stable internet connection with low latency.
Mining Software
Recommended mining software compatible with Neva's PoW algorithm:
T-Rex Miner
NBMiner
Gminer
TeamRedMiner
Download the latest version of the chosen mining software from their official repositories.
Setting Up Mining
Download Wallet: Generate a Neva wallet address to receive mining rewards. You can use the official Neva wallet or a compatible wallet that supports the network.
Choose a Mining Pool (Optional): While solo mining is supported, joining a mining pool can improve your chances of consistent rewards. Recommended mining pools for Neva will be announced soon.
Configure Miner: Edit the mining software’s configuration file to include your Neva wallet address, pool address (if applicable), and other required parameters. Example command for T-Rex Miner:
Start Mining: Run the mining software to begin contributing to the network and earning rewards.
Mining Rewards
Block Rewards: Miners receive a fixed reward for each successfully mined block, plus transaction fees included in the block.
Distribution: Rewards are distributed to your wallet address automatically after meeting the pool’s payout threshold (if mining in a pool).
Tips for Optimization
Overclocking: Adjust GPU settings for higher hash rates and lower power consumption. Monitor temperatures to avoid overheating.
Monitor Performance: Use mining software's dashboard to track hash rates and earnings.
Keep Software Updated: Regularly update mining software, drivers, and the Neva node for the latest optimizations and fixes.
Troubleshooting
Low Hash Rate: Ensure your GPU drivers are up to date and that the mining software is properly configured.
Connection Issues: Check your internet connection and ensure the mining pool address is correct.
High GPU Temperatures: Improve cooling or reduce overclock settings to maintain safe operating temperatures.
By mining Neva, you contribute to securing the network and promoting decentralization.
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