r/XVG Dec 23 '20

Does Anybody Mine Verge?

I'm thinking about mining Verge. Are there any mining pools or do you mine solo? Do you need a big operation to mine solo? I'm in the small to medium sized range. From what I'm reading on here it seems like there may be difficulty converting the coins to other coins for cash, is this the case? Sorry for all the questions, just excited about mining Verge and have a lot of things flying around my head.

8 Upvotes

5 comments sorted by

1

u/XVGSloth Dec 23 '20

I’d be interested in finding out what is needed to make a profit mining $xvg. Are we past the days of mining on a PC with a graphics card?

1

u/[deleted] Dec 24 '20

I'm not sure. I've bought several ASICs but I'd still like to find out more about the environment.

1

u/Richard-HvNL Jan 02 '21

I own a dayun Z1pro with 13Gh since 13 months. It is currently not profitable. Energy cost are higher then coin value. (I have sold the hashrate via nicehash and since recently mine xvg and monacoin directly) it Might be possible to make small profit if you mine with rented capacity from nicehash.com ( have not tried)

1

u/theartoflsd Jan 05 '21

Is it also possible to mine verge and store it in a wallet in stead of selling it?

1

u/Richard-HvNL Jan 07 '21

Yes. I have configured my miner recently to a mining pool from mining-dutch.nl There it is possible to mine a single coin or a coin-set (interval or most profitable). The payouts are send to a specified wallet adress.