Hpool mining pool chia mining tutorial, xch mining pool has daily income

HPOOL mining pool is a platform that provides Chia miners with aggregating computing power and smoothing their earnings. Users do not need to redeploy Plots and can switch back and forth between multiple mining pools or Solo. HPOOL mining pool has made certain algorithm optimizations on the Chia algorithm, which has improved the efficiency of miners' Plots. At the same time, it is measured that most of the computing power earnings in the mining pool are a certain percentage higher than Solo, providing miners with an effective comprehensive management system.

It is a platform that provides Chia miners with aggregating computing power and smoothing their returns. Users do not need to redeploy Plots and can also use them in multipleOr switch back and forth between Solo and HPOOL, the HPOOL mining pool has made certain algorithm optimizations on the Chia algorithm, which has improved the miner's P disk efficiency to a certain extent. At the same time, it is measured that most of the computing power benefits in the mining pool are a certain percentage higher than Solo, providing miners with an effective comprehensive management system.

Who is Hpool mining pool?

Hpool is formed by the first batch of experienced blockchain miner technical teams in China. You can mine BHD, MASS, AR, and Chia in the mining pool.

Hpool.com was founded in 2017. It has connected more than 100,000 mining machines and serves tens of thousands of miners around the world. It is the world's top distributed storage project mining pool. The mining pool technology continues to maintain its leading position, supports the pplns profit distribution model, and the profit is open and transparent.

Official website: https://www.hpool.com/

Is it safe to mine using Hpool?

Created by legendary programmer Bram Cohen, Chia Network can duplicate redundant and redundant unused hard drive storage space to verify its blockchain. CHIA relies on file storage space for verification, and combining it with proof of time eliminates concerns about large-scale attacks.

Bram, the founder of Chia, said: Hpool mining pool is very risky, and Chia does not support Hpool mining pool because Hpool may steal the benefits of farmers! In addition, Chia will soon launch its own mining pool.

Bram Cohen: There is a lack of trust between the mining pool and the farmers. The farmers need to trust that the mining pool will distribute the rewards fairly, and the mining pool also needs to trust that the farmers will not steal the returns and leave the mining pool after making money. The mining pool protocol we are building has on-chain security measures to prevent this from happening, but Hpool does not seem to have such measures. As long as someone finds a vulnerability, it is very likely to invade the mining pool and take away the rewards. In addition, the mining pool protocol we are building will allow users to switch between mining pools without having to redeploy plots files. We have enough blocks, and users with 1024 TB should not use mining pools (meaning that joining the mining pool will not get more rewards).

Bram Cohen (1975-?) is an American computer programmer who is famous for his software BitTorrent. He is also one of the founders of CodeCon, the organizer of the Bay Area p2p-hackers conference, and the author of Codeville.

The above is the official monologue of Chia, which means that Chia is going to launch its own mining pool. Please don’t worry, other mining pools will charge fees. For example, Hpool will charge a handling fee of 1%.

Hpool CEO Alex refuted the rumor and explained: There have been a lot of false statements about HPOOL on the Internet recently. Please do not believe them. Since the establishment of HPOOL mining pool, HPOOL mining pool has had a very complete defense plan. The mining pool has an anti-multi-mining and automatic blacklisting mechanism for any currency.
HPOOL mining pool is a platform that provides miners with aggregating computing power and smoothing their returns. Users do not need to redeploy Plots and can switch back and forth between multiple mining pools or Solo. HPOOL mining pool has made certain algorithm optimizations on the Chia algorithm, which has improved the efficiency of miners' Plots. At the same time, it is measured that most computing power returns in the mining pool are a certain percentage higher than Solo, providing miners with an effective comprehensive management system. HPOOL will continue to further optimize mining algorithm tools in the future.

Hpool CEO means that everyone can make money, unity is strength, and instead of working for Chia for nothing, it is better to join the mining pool and share the profits. Of course, on the basis that everyone makes money, it is normal for the mining pool to take some dividends.

In short, there are certain risks in joining the mining pool at this stage, and everyone can weigh it for themselves. It is not too late to join the mining pool after the mechanism matures. Now the computing power of the entire network is so large that the so-called first mining period has long passed. Mining is a long-term job. In addition, Chia officials are about to launch their own mining pools, so you can also wait for the official mining pools.

Hpool mining process

To access the Hpool mining pool, you must use the Hpool mining pool's mining software to mine. The Plot file from the official wallet P disk must be signed and bound first. After setting up the mining pool mining software, you can directly receive the mining income from the mining pool.

The mining software of the mining pool and the files from the Chia full node wallet P disk are interchangeable. If you find that the mining software cannot recognize it, you only need to restart the machine to read it normally. Receiving mining from the mining pool will not affect transferring back to the wallet for solo mining!

Note: For computing power signature and binding to mining pool, only computing power signature data is needed. The mining pool will not obtain the user's private key and mnemonic phrase. In addition, the computing power signature software can generate binding data without network. It is absolutely safe, so please feel free to use it! 

1. Mnemonics and private keys

1-1.Chia full node wallet

If you have not used Chia's full node wallet, please visitChia official websiteDownload the official wallet, or download the wallet on Chia's Github project.

Chia's github address:https : //github.com/Chia-Network/chia-blockchain/wiki/INSTALL#Windows

Chiasetup-1.1.4 Download

Chia wallet installation program for Windows:Chia Blockchain Windows

Since the Chia code signing certificate is new, you may have to ask to keep the download, and when you run the installer, you must select "More info" and "Run anyway" to run the installer. No need to use the command line. Some Windows antivirus applications will see the download as a false positive. You can see the full source code and build recipe here, so we think it's safe to let these tools ignore it. Running the installer while drawing on an earlier version will stop the drawing process, so be careful.

1-2. Create a wallet private key

After downloading the Chia wallet, right-click and run it as an administrator. After opening the wallet, in the language settings in the upper right corner, select the language as "Simplified Chinese" and "Create a new private key"

1-3. Generate mnemonics

The 24 mnemonics generated are your personal private keys. Please keep them properly to prevent your wallet from being lost or stolen! It is recommended to take a screenshot and print it out.

After clicking Next, a new private key is successfully generated. If you have used the official full-node wallet for solo mining before, you can skip the above steps and enter the wallet interface directly.

2. Signature Tool

2-1. Download the signature software

Visit Hpool official website and download CHIA computing power signature software in the download center.

You can also directly access the signature software github project download address:https://github.com/hpool-dev/chia-plotter/releases

Download the firstchia-plotter-gui-v0.11-win64.exe, run the signature software after downloading is complete.

2-2. Import mnemonics

The mining pool will not obtain the user's private key and mnemonic phrase, and the computing power signature software can generate binding data without an Internet connection. No one knows whether it is safe or not. This is how mining in a mining pool works. You work for the mining pool, and the mining pool charges you. It is recommended to transfer the mined XCH coins to a regular exchange wallet.

Copy and paste the 24 mnemonics of your wallet into "Enter your brain password". The mnemonics of the Chia wallet can be obtained from the key in the lower left corner of the wallet interface.
 

Click on the small eye behind the private key with the public fingerprint XXXX to see the 24 mnemonics.

After copying the 24 mnemonics, paste them into the signature tool and click Sign.

After the signature is successful, check whether the number of "Private key with public fingerprint xxx" is consistent with the value of the fingerprint in the signature tool.

3. Registration

If you are a new user and have not registered a mining pool, please log in to the Hpool mining pool to register first.

After clicking the activation link, you will successfully log in to the mining pool. Then, on the mining pool activation page in the personal center, click "All", find "CHIA Ecological Pool", and click to activate the mining pool.

4. Signature

4-1. Obtain signature

In the signature tool just now, in the signature column at the bottom, copy all the contents in the signature column.

4-2. Binding signature

Log in to the personal center of the Hpool mining pool. On the Configure Miner page under the mining pool management, drag the menu to select "CHIA Ecological Pool", paste the string in the signature column into "Bind Signature Data" and click Bind.

After the binding is successful, a new binding data will be added in the binding query below.

5.P disk settings

5-1. Obtain the public key

Return to the signing tool and obtain the miner's public key farmkey and the mining pool's public key poolkey.

5-2.P disk tool

Visit githubchia-plotterProject download address:https://github.com/hpool-dev/chia-plotter/releases

downloadchia-plotter-v0.11-win64.zip

After downloading, unzip it and find the plotting.dat file in the directory.

Right-click and click Edit to open and edit the parameters in Notepad.

chia-plotter-windows-amd64 -action plotting -plotting-fpk 0x12345 -plotting-ppk 0x12345 -plotting-n 1 -b 3390 -dd:\ -td:\
pause

0x12345The red parameter is changed to the miner public key/Farmer Public key (fpk) obtained previously

0x12345Change the blue parameter to the previously obtained mining pool public key/Pool Public key (ppk)

-plotting-n parameter: Set the number of cycles for P disk. For example, if it is set to 1, it will automatically stop after P disk finishes one file. If it is set to 2, it will automatically P disk another file after P disk finishes one file, and then stop.

-d parameter: plot file save path, the final generated file save path (HDD mechanical hard disk)

-t parameter: plot file cache path, P disk file save path (SSD solid state drive)

-2 parameter: Second-level cache directory, can be set in the same directory as -t. The default setting is not enabled. If you want to enable the second-level cache directory, add the -2 parameter after the -t parameter.

The above settings are the default P disk process uses 2 threads and 3380MiB of memory. If you need to change the parameters, please modify them yourself.

-r parameter: number of CPU threads used

-b parameter: memory usage size

5-3.P disk

After editing plotting.dat, close and save the file, then double-click to run the plotting.dat file

After the P disk is successfully created, a file with the extension PLOT will be generated in the target path folder, with a size of about 101G;

The chia-plotter tool can be used to P disk simultaneously with the official full-node wallet. If hardware conditions permit, it can greatly speed up the progress of P disk.

I tested it on the HDD using the chia-plotter tool. Due to the limited writing speed of the HDD, the P disk process was normal. In a production environment, you can use the chia-plotter tool in conjunction with the chia full-node wallet to perform P disk at the same time.

6. Mining

6-1. Chia mining software

Visit Hpool official website and download CHIA mining software in the download center.

chia-miner project address:https://github.com/hpool-dev/chia-miner/releases

As of May 26, 2021, the hpool mining client has been updated to version V.1.4.0-1.

GitHub Download:HPool-Miner-chia-v1.4.0-1-windows.zip

Image download: HPool-Miner-Chia v1.4.0-1-Windows.zip

Click to downloadHPool-Miner-chia-v1.1.1-2.zipAfter downloading, unzip the downloaded compressed package and double-click it in the windows directory to runhpool-miner-chia-gui.exe.

6-2. Mining software settings

Open HAfter opening pool-miner-chia, click Settings and enter the ApiKey, which can be obtained from the Configuration Miner page of the mining pool management on the hpool.com website. Check the option to load files automatically. After checking, the P disk can be automatically loaded into Hpool-miner-chia for mining.

Set upAfter entering ApiKey, click Add and find the directory where the PLOT file is located.

After the PLOT file storage directory is added, it will automatically enter the mining mode.

On the mining pool websiteIn the personal center of hpool.com, check the online mining machine in the mining machine management, and the mining software just configured has taken effect.

Note:

Note: The mining tool H of the mining poolpool-miner-chiaDo not shut it down, keep it running, and the daily revenue generated will be automatically synchronized to the mining pool website.

If you want to use Chia wallet p disk and also use mining pool, you need to close the farm in the wallet.

Open the wallet, click Add Farmland File in Farmland, click Show Advanced Options in Select the Amount to be Reclaimed, and check Exclude Final Directory.

Exclude the final directory: When this file is completed in the P disk, it will not be added to the mining list of the wallet. After leaving the mining pool, you can still perform solo mining normally in the wallet after setting the farmland storage directory.

When using the mining pool mining tool HWhen pool-miner-chia is mining, please close the chia full node wallet. If the wallet and the mining pool are mining at the same time, double mining will occur. Double mining is not allowed for the mining pool and will be blocked if discovered.

If you use the wallet and the mining pool P disk tool P disk at the same time, it is recommended to separate the two final file storage paths. When using the mining pool's mining tool to mine, you need to delete the directory where the farmland file is located in the Chia full node wallet.

By connecting to the mining pool to mine chia, you can see the daily income. When the income is distributed, you can transfer the obtained XCH coins to various exchanges for trading.

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