Home / Bitcoin / How Mine Straks Coin (STAK): Complete the Beginner's Guide

How Mine Straks Coin (STAK): Complete the Beginner's Guide

Straks is a currency based on the Lyra2REv2 algorithm, with the goal of being the right choice for cryptocurrency in the field of e-commerce. They aim to do so by using low rates, fast transaction times and a free integration for companies that start using boars. They have already completed most of their goals on the roadmap.

  How to mine Straks

Now that we know the details of Straks, let's move on to the mining of some STAK!

Some General Mining Tips

So, before starting this tutorial, I have two suggestions to make the most of your mining experience. First make sure you have the latest drivers for your GPUs. Secondly, most mining software will be flagged as virus by virus scanners. For this reason, if you perform mining operations on your normal gaming or everyday computer with an antivirus installed, it is advisable to exclude the mining software from the antivirus. What I like to do is create a folder and then insert all my mining software into subfolders. Then I exclude the top-level folder from the antivirus and this excludes all the mining software.

Mining Pools

The first thing we need is a data mining pool. You can mine mine, but the payments could take months, depending on how powerful your mining rig is, and the mineral pools usually require a very small fee (1% or less). Using a pool will allow you to receive consistent payments, several times a day.

For this tutorial we will use https://fairmine.pro/site/coininfo?coin=STAK. I chose this pool because Fairmine is a major mining area and has low tariffs (0.7%)

Now that we have a pool, let's start mining!

CPU Mining

They are only two options to extract Equihash using a CPU. One is Minergate, but I do not prefer them because they take a large percentage of your profits because of the easy-to-use system they have. The only real miner is the nhaqminer of Nicehash. You can download precompiled binaries for Windows or Linux.

We will not focus on CPU mining as it is not profitable, compared to the GPU extraction.

Mining GPU – Nvidia

For GPU mining there are many programs for Nvidia, but what I found to be the best is CCminer. The miner does not have a Dev commission. The miner is compatible with Windows and Linux. You can find the official page and download link at the address https://github.com/tpruvot/ccminer/releases

Once downloaded, it's very easy to use.

Just create a new batch file (or a script file if you use linux) inside the folder where the miner is located and paste it into the batch file

  ccminer-x64.exe -a  algorithm  -o stratum + tcp: //  mining_pool: port  -u  user_name.worker_name  -pc =  coin_symbol 

Replace "algorithm" with # 39; algorithm that you want to use. In this case we have to use "lyra2v2"

Replace "mining_pool" with eu1.fairmine.pro

Replace "port" with 4536

Replace "wallet_public_key" with the address of your wallet.

Replace "coin_symbol" With STAK

Double-click on the batch file to run the miner and you should see something similar

The red arrow indicates the detected GPU and the total speed.
The blue arrow indicates the clock speed of the GPU, hash per watt, total power consumption, temperature and fan speed.

Mining GPU – AMD

For GPU mining there are many programs for AMD, but the one I found to be the best is sgminer. The miner does not have a tax Dev. The miner is compatible with Windows and Linux. You can find the official page and the download link at the address https://github.com/genesismining/sgminer-gm/releases

Once downloaded, it's very easy to use.

Just create a new batch file (or script file if you use Linux) inside the folder where the miner is located and paste it into the batch file

  setx GPU_FORCE_64BIT_PTR 1
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100

sgminer.exe -k  algorithm  -o stratum + tcp: //  mining_pool: port  -u  user_name.worker_name  -pc =  coin_symbol 

If you are using Linux, remove all the setx commands.

Replace "algorithm" with the algorithm you want to use. In this case we must use "Lyra2REv2"

Replace "mining_pool" with eu1.fairmine.pro

Replace "port" with 4536

Replace "wallet_public_key" with the address of your wallet.

Replace "coin_symbol" With STAK

Double-click the batch file to run the miner and you should see something similar

The red box shows the total speed for all the GPUs combined.
the blue box indicates the temperature, the fan speed and the total speed of the GPU.

If there are problems you may not have enough virtual memory. You may need 16 GB of virtual memory (for Vega GPUs you need more than 16 GB per GPU) to change it go to Control Panel -> System and Security -> System and click on Advanced System Settings on the left. From there, click Settings on the Advanced tab. After clicking edit, then on the third screen, deselect the automatic management, choose the custom size and type the size (in MB) for both text boxes. Then press the Set button, then the OK button.

General troubleshooting

One thing to monitor is stale or rejected shares. If you see a lot of expired shares, you may want to try a server closer to you. If you see many refused shares, try reducing the miner's intensity, if available.

How much STAK will I earn per day?

To figure it out, you would go to https: // whattomine. com / coins / 240-stak-lyra2rev2 and use the calculator. The calculator gives an approximate estimate, so you may receive a sum higher or lower than the one actually indicated by the calculator.

Most of the values ​​have already been entered correctly and you only have to change a few values.

Hash Rate : Enter your total speed (in megasconds per second) for all your mining computers. This would be the value of "total speed" in your data mining software. Make sure you add all the computers you use for STAK mining.

Power: Enter the total amount of energy (in watts) your drilling rig uses. Some mining software will measure it for you. You can also measure the total energy consumption for your computer using special software or a kilowatt meter. I prefer to use a kilowatt meter, because I find it to be the most accurate. Be sure to add all the computers you use for STAK mining.

Electricity cost: Enter the cost per kilowatt hour you pay to your electricity company. I was able to find this information on my monthly bill, as well as on their website.

Pool Rate: Enter the pool commission + the mining software development fee. For our example you will enter 0.7 + 0 = 0.7

Hardware cost: Enter the total cost of all your hardware.

Using my AMD Vega system for an example, I will show you how to read the data. In the image above there are really 3 things I'm looking for.

# 1 Watch Difficulty 24h and Difficulty 7 days . We want them to be all the same, what they are. This tells us that the calculations that we will see in the second image below, will be precise for the days to come, provided the price is not volatile.

# 2 Watch EX. volume 24h and Market Cap . Generally, the bigger these are, the less the price will be volatile. We want the price to be non-volatile, so our calculations will be accurate for the days to come. In this example, the market cap is small, so the price may change a bit from day to day.

# 3 Watch Create 1 BTC in and Break even in . It is always interesting to see how long it will take your rig to create 1 BTC. The break even in, will show you a rough estimate of how long it would take to pay for your mining rig, extracting this particular coin. This is great to use before building your mining rig, to see how long it will take until you see the profits.

In this image, we can quickly see how many coins and value in USD we will make at certain time intervals. You want to see the Profit column, as this is the value after paying for your electricity consumption. I usually focus only on the daily payment in USD. By focusing only on this number, you can run the calculator for a few different currencies and quickly see which currency is most profitable for setting up the mining platform. Keep in mind that you also want to weigh the daily payment with the market capitalization. A limited-funded currency could be really profitable one day, so it could have half the payment tomorrow.

Here it is. Now you should extract Straks! Be sure to type your public key in the mining pool dashboard to keep track of your statistics.

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