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First Experience With Koinos

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@bagofincome
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As you probably already heard - you can now mine crypto by using only the power of your CPU. As I'm pretty convinced about OpenOrchard's team, I gave this one a try. After easily installing my Koinos miner, and securing my private keys, I sent a little bit of ETH (about 0.12 ETH) to my Koinos wallet so I can accept Koinos and pay ETH gas fees.

As you can see in the image, my Proof Frequency is 4 which means I will receive coins approximately 4 times a day. Right now (after a night of having it turned on), there was one transaction that gave me 594 KOIN. You can also see that I've changed Ethereum Endpoint thanks to their lovely Discord Community. It's been said that it works better than the default one. If it doesn't, they are suggesting you use Infura.io to create your own Ethereum Endpoint. I haven't done it because by the looks of it - everything works fine for me.

CPU Usage

There were a couple of discussions on Discord about how much CPU is used when your miner is on. I can surely say that most of the time it's about 100%. It keeps jumping from 90 to 100 all the time. And as you can see, GPU usage is minimal.

From what I read, there are some ways to reduce the usage of your CPU but I haven't done enough research on it yet. As long as I can use my computer and the temperatures remain okay, I'm fine. I don't think I will leave it on 24 hours a day though.

It's a great idea to install CPUID HWMonitor or another app that shows temperatures and usage of your CPU. As you can see in the image above, my temperatures aren't getting higher than 70 degrees per Celsius and I think it's fine.

As I read in this thread, it's not a problem for a CPU to work for 100% if there are proper ventilation and temperatures are not rising. If your computer gets too hot, it means it can't take it. As I'm using a desktop PC, it's much easier to cool my CPU than if I were using a laptop.

KOIN worth

As for my earnings and KOIN overall. Mining will happen for 6 months and the total supply that will be mined is 100,000,000 KOIN. The crazy thing - KOIN is already trading on Uniswap and here's the Astrotools link if you want to look for yourself. You definitely do!

Until the next time!

Posted Using LeoFinance Beta