New to Nutbox?

How to mine Zephyr (ZEPH) with XMRig — Beginner’s Guide

0 comments

miningocean
26
20 days agoSteemit2 min read

1_JS5w-VNIwzilcM8Q4nMAeQ.png

About Zephyr

Zephyr Protocol is a groundbreaking project in decentralized finance (DeFi), offering an untraceable, over-collateralized, crypto-backed stablecoin protocol. It uniquely combines Monero’s privacy features with the stability mechanisms of the Djed protocol, focusing on anonymity and financial stability. This unique combination gives rise to the world’s first over-collateralized stablecoin that guarantees privacy — a major leap in the evolution of digital currencies.

Zephyr Protocol has three core assets: $ZEPH (the foundational cryptocurrency), $ZSD (a private stablecoin backed by $ZEPH), and $ZRS (representing equity in the protocol’s reserve).

Unlike algorithmic stablecoins, Zephyr Protocol avoids the risk of a ‘death spiral’ by not minting base coins to maintain its peg. It emphasizes decentralization, moving away from centralized entities like Tether.

Step 1

First you need to create a wallet address for Zephyr mining. You can create a wallet either by downloading Desktop wallet from the official Zephyr website or by creating a wallet on an exchange that has $ZEPH coin.

Zephyr Wallet: Zephyr Protocol

Exchange Wallet: XeggeX, MEXC

Step 2

After you need to download the miner software, for example XMRig — is a popular option for mining $ZEPH with CPU. Extract archive into some folder. Then right click xmrig.exe, open properties and set it to run as administrator.

Step 3

At the next step we need to open MiningOcean Getting Started pool page and scroll to configuration creation section. Fill in the necessary fields.

1_Jqh_H2DXv1QUkg_Yn61W8Q.webp

Worker_Name is optional, but we do recommend adding this for more efficient mining monitoring. In the Wallet Address enter the address of your wallet created in Step 1. Click Generate configuration.

Step 4

xmrig.exe -o fr-zephyr.miningocean.org:5332 -u YOUR_WALLET_ADDRESS.YOUR_DIFF -p YOUR_WORKER_NAME -a rx/0 -k --donate-level 1

Copy the generated command line string, find the start.bat file or you may want to create your own .bat file, right-click on it, and click edit. Then replace the existing commands with the copied command above. Double-click the start.bat file when you are ready to start mining.

Happy mining!

We do recommend to read the following topics as well:

News about our stablecoins

We also have some useful videos on how to start mining Zephyr:

Have good profits with MiningOcean.

Comments

Sort byBest