To answer this I'll go backwards in what you asked. Yes it is mined in the same way as bitcoin with some alterations, bitcoin uses the hash algorithm SHA-256, while Decred uses Blake-256 with 14 rounds compared to the default 8 so it needs to work more compared to Blakecoin which also uses the default Blake-256.

(This is a lite explanation as it's more complex but there will be a full doumentation that will be released when the mainnet is released by the devs.) For some guide right now (Again because there is no testnet/mainnet software and full documentaion) I would recommend using AMD GPUs as the software is more designed for their architecture but Nvidia is a close second but not recomended when getting a new card. I would recomend the R9 Nano at this time as it's cheaper than the fury from the stores i'm looking at and you get more performance for less wattage. But if you have a few GPUs arround or already have a close modern card in the last 2 years, I would use them/that until the next series come out later this year as they will cost the same and have a better performance/watt ratio to this series.

To answer this I'll go backwards in what you asked. Yes it is mined in the same way as bitcoin with some alterations, bitcoin uses the hash algorithm SHA-256, while Decred uses Blake-256 with 14 rounds compared to the default 8 so it needs to work more compared to Blakecoin which also uses the default Blake-256. (This is a lite explanation as it's more complex but there will be a full doumentation that will be released when the mainnet is released by the devs.) For some guide right now (Again because there is no testnet/mainnet software and full documentaion) I would recommend using AMD GPUs as the software is more designed for their architecture but Nvidia is a close second but not recomended when getting a new card.

Decred (DCR) is a cryptocurrency that is based on Bitcoin, with significant differences. With Decred, the power of decisions does not only belong to miners. It also extends into the community. The way this is done is through a hybrid mining system that combines 'proof of work,' and 'proof of stake' protocols. You can find out. Explore live monitoring tool of Decred pools. Here you will find list of all DCR pools. All Decred pools are here. Mining Decred is easy. Miners and stakeholders guarantee the safety and stability of the Decred network. Both get paid DCR for each valid block. How to mine Decred?

Decred Evolution. Proof-of-Stake mining from mobile device, desktop wallet or web wallet. Automatic PoS mining in the Stake Pool.

I would recomend the R9 Nano at this time as it's cheaper than the fury from the stores i'm looking at and you get more performance for less wattage. But if you have a few GPUs arround or already have a close modern card in the last 2 years, I would use them/that until the next series come out later this year as they will cost the same and have a better performance/watt ratio to this series.

From the little information of the amount of decred gets mined per block per day(s) I would follow this untill the testnet is available and there is a real world figure of output to benchmark against. For this example; if each decred is worth $0.49 and a cheap R9 Nano is $499 (not including tax and shipping) dividing.49 into 499 will get you 10.

Decred so untill the figures comes out and is shown that you can get more than that per year by mining using a single nano excluding electricity cost, I say buy decred for now and maybe if you want to min get the Rx 400 series range of amd gpus comming out Q2/Q3 this year but if you want to start mining when the mainnet is launched I would get the Nano around now. From the little information of the amount of decred gets mined per block per day(s) I would follow this untill the testnet is available and there is a real world figure of output to benchmark against.

For this example; if each decred is worth $0.49 and a cheap R9 Nano is $499 (not including tax and shipping) dividing.49 into 499 will get you 10. Decred so untill the figures comes out and is shown that you can get more than that per year by mining using a single nano excluding electricity cost, I say buy decred for now and maybe if you want to min get the Rx 400 series range of amd gpus comming out Q2/Q3 this year but if you want to start mining when the mainnet is launched I would get the Nano around now. Not really, as it's was a simple example as that is how much the nano cost in decred with the starting rate of $0.49 and setting a milestone in a year to see if you can get back the cost by mining as most people will mine 24/7 and profit mesure on a yearly basis. Many factors and variables of mining decred are the among to the performance of the card (giga hashes per second), the amount of decred per block, the difficulty level to mine, etc.

Freedom2Choose estimated on mining using very rough values to estimate a profit and jolan stated that an nano is close to 2GH/s from early tests. So utill there are real world figures to use with the info that has been stated on the forums, my last post is what i recommend for now. Not really, as it's was a simple example as that is how much the nano cost in decred with the starting rate of $0.49 and setting a milestone in a year to see if you can get back the cost by mining as most people will mine 24/7 and profit mesure on a yearly basis. Many factors and variables of mining decred are the among to the performance of the card (giga hashes per second), the amount of decred per block, the difficulty level to mine, etc. Freedom2Choose estimated on mining using very rough values to estimate a profit and jolan stated that an nano is close to 2GH/s from early tests. So utill there are real world figures to use with the info that has been stated on the forums, my last post is what i recommend for now.

• • Getting Started Getting Started • • • • • • • • Wallets Wallets • Decrediton (GUI) Decrediton (GUI) • • • CLI Wallet CLI Wallet • • • • • • • • • Proof-of-Stake Mining Proof-of-Stake Mining • • • PoS FAQ PoS FAQ • • • • • • Proof-of-Work Mining Proof-of-Work Mining • Overview Table of contents • • • • • • • • • • • • FAQ FAQ • • • • • • • Advanced Advanced • • • • • • • • • • • • Research Research • • • • • • • • • • • Contributing Contributing • • • Guidelines Guidelines • • • About About • • • • Archive Archive • •. Proof-of-Work (PoW) Mining Overview Proof-of-work mining, more commonly referred to as PoW mining, is the activity of committing your computer’s hardware and resources to process network transactions and build the blocks that make up the blockchain in the Decred network. Each time a block is created (by a miner), about 30 new Decred coins are made. These coins are then split up as follows: Subsidy Party 60% PoW Miners 30% PoS Voters 10% Decred development subsidy You will, on average, receive a reward that is roughly proportional to the hashrate of your miner and the overall hashrate of the network when you commit your computer to PoW mining.

To get started, you must have a computer with a video card. Most video cards can be used for mining (including the “mobile” types found in some laptops). In general, higher end video cards perform at higher hashrates and therefore receive higher rewards. Solo Mining or Pool Mining Solo Mining Solo mining is not recommended and is not covered by this documentation! The Decred network regularly sees a network hash rate of up to 10,000Gh/s. Solo mining is generally only done by advanced individuals or organized groups with a large cluster of GPUs so it is not addressed here.

Pool Mining When you mine in a pool, your hashrate is combined with all the other pool miners’ hashrates to look for the correct solution for a block. You will receive a reward based on the amount of work your miner performs in the pool. Pool mining distributes shares based on blocks found so you can earn a steady amount of Decred rather than the “all or none” of solo mining. Obtain a Decred Address to Receive Funds With Follow the guide and create an address so you can withdraw mining rewards to it. Sign up for a Mining Pool These mining pools are known to support Decred: • • • • • • • Mining pools all work more or less the same but you may wish to sign up at multiple pools and see which one suits you the best.

Biggest Dogecoin DOGE Mining Rig. Please choose to mine on a smaller pool so the network’s hashrate can be spread out for better decentralization of mining power! GPU Drivers/Software GPU drivers usually contain the libraries needed for mining. If you have difficulties running the software you may wish to re-install and specifically check that the OpenCL (AMD) or CUDA (NVIDIA) libraries are selected. Select and Download Mining Software Official Decred Miner (gominer) Gominer is the official Decred miner developed and supported by the Decred team. It is the easiest miner to setup and start mining and so it is recommended for most users.

Currently, the latest version of gominer is and the official binaries can be downloaded from Please be certain to select the correct operating system (Windows/Linux) and the correct version for your GPU type (CUDA for NVIDIA cards, OpenCL/OpenCLADL for AMD cards). Gominer is only available to 64-bit operating systems. User guides to start mining with gominer can be found here: • Unofficial Miners • - cgminer is a popular miner for AMD GPUs that has a long history of use in many different cryptocurrencies. It is more difficult to use than the decred gominer. • - ccminer is a popular miner for NVIDIA GPUs that has a long history of use in many different cryptocurrencies. It is more difficult to use than the decred gominer.

• - Those with an AMD graphics card running Windows may want to download sgminer. Running the Software • Decompress and install the software to a place of your choosing. Why Do You Mine ZenCash ZEN. • Open a command prompt to that path. • Follow your mining pools instructions for setup. • Run the miner.