All about mining Metaverse – setting up rigs, wallets and pool coins

Any branded product can be made in China. Vitalik Buterin’s Ethereum (ETH) platform also has a Chinese counterpart – Metaverse (ETP). However, we are not talking about banal copying. Ethereum and Metaverse cryptocurrencies have the same algorithm, but different programming languages ​​and a range of services.

Ethereum is primarily intended for the conclusion of smart contracts, and Metaverse is for the creation of smart assets. Anything that has value, for example, gold, fiat money, securities can be digitized and assimilated by the ETP network for instant transactions using Zen-Gold-Metaverse.

Reliability and safety of connections between the virtual platform of the Metaverse algorithm and the real world is ensured by the system of oracles (Zen-Dao-DApp). Oracles are an effective web application for verifying the digital identity of avatars to physical usernames and monitoring the use of data across the web.

At the same time, it is gold that is intended to serve as the equivalent of the value of electronic coins. Algorithm-based ZenGold project Metaverse Blockchain will help investors use even small amounts of gold as a payment mechanism. You can get ETP, like any cryptocurrency, by purchasing on an exchange or working in a virtual mine.

What you need for mining

Previously, red cards completely dominated the sector mining ethereum and its forks. But the release of new versions of mining software made it possible to mine Ethash on GPUs from Nvidia. Comparative table of hashrate of video cards in Metaverse mining.

We choose equipment according to our financial capabilities collect rig and start setting up the software. To start mining you need a Metaverse wallet.

Which wallet to use for mining

Several variants of applications for storage and transactions of altcoin ETP have been created.

1. Дектоскопный Metaverse purse.
2. Internet wallet My ETP Wallet.
3. Mobile application for Google Play and App Store.
4. Third party services bitgo.cc and cloudwallet.info.

Some users faced a problem when installing a local Metaverse wallet on Windows. The most convenient way is to use a web wallet. The link to My ETP Wallet is on the official website. We go to the main page and create a new wallet.

Be sure to keep the mnemonic phase and password in a safe place. Mnemonic is a 24-word cipher with which you can always restore your Metaverse wallet. Don’t forget the same save the password you have invented and received afterwards mvs_keystore.json.

Download android utility My ETP Wallet, and use mnemonics to open your Metaverse wallet on your smartphone. Little-known third-party services only support Chinese and English, it’s hard to say how reliable and user-friendly they are.

Before transferring money to your local Metaverse wallet, make sure that it is fully synchronized with the network. The Internet wallet does not need this, you will receive money for the ETP web wallet whether your computer is turned on or not.

By setting My ETP Wallet, create own tokens and share them with other users.

Registration on the QBTC exchange

Those wishing to immediately exchange the earned altcoins must register on an exchange that works with ETP. At the time of this writing, there are three metaverse exchanges in operation.

1.QBTC supports exchange ETP / USDT and ETP / CNYT

2.Bitfinex here metaverse is displayed in fiat or exchanged for bitcoin or ethereum.

3.Coinsuper there are couples ETP/BTC and ETP / ETH

• Stock exchange HitBTC included metaverse in the list of supported cryptocurrencies, but almost no trading is conducted on it.

• Bitfinex the platform is not for everyone, a beginner gets access to all services if his deposit is equivalent to $ 10,000.

Therefore, the best option for a metaverse exchange is the QBTC platform.

Registration for QBTC is confirmed by phone.

• enter the number;
• coming up with a password;
• collecting the puzzle;
• we receive and enter the verification code;
• we accept the conditions and enter the exchange;
• create a deposit address.

Upon entering QBTC need to enter phone number without country code… The exchange works with both well-known (BTC, ETH) and young and promising cryptocurrencies.

Mining Metaverse

The ETP network uses the classic scheme Proof of Work… The developer will implement Metaverse PoS mining after mining the third part of the total amount of 1,000,000,000 coins. Currently, there are approximately 55,815,000 in circulation, and miners are constantly generating new blocks. At the ETP stage PoS mining scheduled service connection Oracle.

Mining on the Nicehash service

The nice hash app can be used as a Metaverse miner on officially supported pools.

Nicehash.com setup configurations for dodopool:

Algorithm: DAGGER-HASHIMOTO(S)

Pool Host: etp.dodopool.com

Port: 8009

Workername: YOUR_ADDRESS

Password #

• You must use the hash # sign as your password!

How to choose a mining pool ETP

After the wallet has been created and the registration process on the exchange has been completed, select Metaverse mining pools.

ETP is mined at 14 mines, the most popular are:

Dodopool Is the largest mountain pool in the Metaverse. The pool hashrate is 50% of the network capacity.

2miners – the second largest metaverse etp pool in terms of production. Solo mining is supported.

Sandpool – the third most powerful pool metaverse. 110 miners work, PROP payment system.

For more information on mining ETP, see the metaverse Bitcointalk mining forum page.

How to set up a mining farm?

Before mining ETP, you need to configure the rig.

Sample MSI Afterburner Settings for Radeon Rx 570:

• Power Limit +10
• Memory Clock 2000
• Core Clock 1100

We use the program as a Metaverse miner Claymore’s Dual Ethereum AMD+NVIDIA GPU Miner or PhoenixMiner 4.1c.

Bat file configurations

Sample batch file for claymore:

setx GPU_FORCE_64BIT_PTR 0

setx GPU_MAX_HEAP_SIZE 100

setx GPU_USE_SYNC_OBJECTS 1

setx GPU_MAX_ALLOC_PERCENT 100

setx GPU_SINGLE_ALLOC_PERCENT 100

EthDcrMiner64.exe -epool stratum+tcp://etp.dodopool.com:8008 -ewal  Address -eworker rig1 -epsw x -ftime 10 -allcoins 1 —mode 1

Before mining ETP, do not forget to enter the wallet address, save the file with the bat extension and start mining.

Hive OS settings

To mine ETP in the hive, select a coin from the list, add a wallet and create a flight sheet.

We select the Claymore miner and the Dodopool server, they are already in Hive OS, no additional settings are required, you can start mining.

Profitability of mining, what you need to know

Calculate the profit of mining Metaverse, the service will help WhatTomine… We enter the hashrate of the video card and the price of electricity and we get the approximate amount of earnings.

Income can vary depending on the pool’s payout system and altcoin price fluctuations on exchanges.

Metaverse is one of the projects undeservedly deprived of the attention of the blockchain community. The main reason for this is the long period of stagnation in the cryptocurrency market. But ETP has huge potential and is at the top of the list of profitable coins on the Ethash algorithm.

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