Raptoreum Coin has seen some new interest over the pass few weeks with the huge increase in price going from 1c to almost 8c in Nov 2021. Cryptocurrency’s come and go a lot but this looked interesting to me so i decided to investigate the coin and see if it was worth mining on my current GPU mining rigs (They have Intel 3770K CPU, yes these are old but for GPU mining you dont need huge amount of processing power so i had never changed them). If i can make some profit CPU Mining, then this would seem to be benificial.
The coins genisis block or the first block on the chain was mined 2018-03-21 and so the coin has been around for a while (In the Crypto world thats a while) and by the looks of the Raptoreum Discord site has a great community behind it. This always makes me reassured its not a scam coin and i am wasting my time and money on mining it. The history looks good on the coin and it seems solid enough so i started the process of mining Raptoreum.
NOTE: As with any coin you start to get involved with, ALWAYS ALWAYS start reading from the officail website and use links from there to Discord Channels and their Github. There are far too many scammers about that want to fool you into downloading the wrong miner or wallet in the hope of stealing you coins.
How to Mine Raptoreum on your CPU?
Raptoreum is a cryptocurrency mined with CPU mining ONLY and so i decided to use the recomended mining software, CPUMiner-gr, its currently on v184.108.40.206-x86_64_windows. For more info have a look at “Mining Raptoreum with CPUMiner-gr”
To CPU mine cryptocurrency you are going to need a fairly new (Anything after 2012 will just about work) CPU with (in this order) as much L1, L2 and L3 cache as possible, multiple cores with high clock speed. You should also look at getting fast RAM with the lowest latency possible. And all this on a budget aswell!
Most miners start off by mining on their home PC with a normaly home/work computer. If you are going to do this check with the electircity payer as you will see a slight increase in the running costs. if its a computer you have had for a while then its worth having a clean out and making sue its free from dust. Having a PC full of dust means it will run hotter and noiser.
CPU Mining Raptoreum in 6 easy steps
Step 1 – Download the offical Wallet from either a link on the Website or my preference is a link from the Discord channels, these are normaly kept upto date more often. Ypu will find all the links under the #information area
Step 2 – Install the wallet and let it sync with the block chain. This can take a while and so you can speed things up by looking on Discord channel for a bootstrap to download and install.
Step 3 – Once your wallet is sync’d generate some new address and label one “Mining”, this will be used to send your mined coins too
Step 4 – Choose a Mining Pool to mine with. I have always liked https://miningpoolstats.stream/ to help me select the right pool for me
Step 5 – Configure your Mining software. This will involve setting command line switches for the pool you want to mine too and your wallet address.
Step 6 – Once you have been mining for a few days and your setup works from end to end then its time to tune the process to earn more coins or reduce electricity cost, maybe both.