Mining Rebelcoin
Rebelcoin team made the following tutorial on how to mine on the official mining pool
Warning: Due to the high network difficulty and hashrate, this tutorial will not explain how to mine with GPU or CPU, and will focus on the ASIC mining only.
Proof Of Work
Rebelcoin uses the following process to generate a block:
The miner has to verify around 4MB worth of transactions to be able to find a block. Then to find a block the miner has to solve a numeric problem called the "proof of work" (POW).
Rebelcoin uses the algorithm "SHA-256" to solve the POW numeric equation (block hash).
Specs
Here are some technical specifications about Rebelcoin
- Name: Rebelcoin
- Ticker: RBL
- Rpc port: 10505
- P2p Port: 10506
- Block maturity: 100 blocks
- Halving: 500 000 blocks
- Block time: 30 secondes
- Difficulty time: 30 secondes
- Max Supply: 38 221 324 RBL
- Premined: 573 319.86 RBL
- Block Reward: 37.648 RBL
- Algorithm: SHA-256
Block time (seconds)
Maturity time (nblock)
Halving
(million) Maximum supply
Mining with ASICS
Different Firmwares/Models
Because there are several ASICS firmwares and models, this tutorial will focus on a chosen model to display, the screenshots below are from the S19 Antminer ASIC firmware.
AsicBoost: The pool is now compatible with AsicBoost. Ensure this feature is activated prior to mining for a better performance
1 • Depending on your ASIC's model and firmware, go to the Settings or Miner Configuration page.
2 • At the Pool section, type in the pool's stratum address mining.rebelcoin.io:10500
3 • At the Miner or Address section, type in your wallet address.
Optionally, you can mention a specific worker name (in the image below, "S19" is the worker name).
4 • At the Password and last section, type in c=RVB
Optionally, you can choose a specific difficulty , for your ASIC to start from on the mining pool (in the image below, "36,000" is the chosen starting difficulty).
For convenience, the default starting difficulty is set to 2048. Note also that the pool is NiceHash compatible. With an ASIC rent from NiceHash the pool will automatically start your miner with the NiceHash required NiceHash 500,000 difficulty.
Your hashrate on the mining pool
Navigate to the wallet page of the mining pool. Enter your wallet address in the search bar and hit ENTER.
You will see your hashrate displayed in the wallet page.
Rent hardware miners
We recommend the following platforms: NiceHash and MiningRigRentals (MRR).
NiceHash is the ideal for higher hashrate at a reduced price. While MiningRigRentals is great for renting minimum hashrate possible. Both are great for their respective specifications.
Make sure to rent the hardware for the SHA-256 (with or without AsicBoost) algorithm.