Verge Mining Pools

In the XVG mining process, coordination plays the main role in getting rewarded. There are numerous ledgers and directions you need to follow. When you choose to combine efforts with others like you, this means you have decided to join a Verge mining pool. Once you’re part of a bigger mining operation, you’ll be on the right track to higher profits.Some of the perks of being in the best Verge mining pools are the speedy rewarding process and the combined hash power. All these lead to frequent income. While some consider it a drawback of pools, splitting the rewards with others is an unavoidable part of the process. You either earn smaller sums often or you manage to earn the entire amount for a block, sometime in the future, if you’re lucky enough. Don’t leave your future income in the hands of lady luck, just join or make your own XVG mining pool. An alternative for higher earnings is also creating your own pool. I’ll cover how and why you might want to do so later on in the article.

General Information

Verge (XVG)

1.00000000 XVG

Total Hashrate:	N/A
Difficulty Level:	N/A
Block Time:	2 min 30 sec

Best Verge mining pools

The crypto world is expanding and in constant flux. Be part of it and gain some profit along the way, by joining some of the best Verge mining pools. How to pick the right one? One of the major things to look for is their hash rate. It determines the speed of finding a new block and therefore getting paid for it. The higher the hashing power, the faster you will get your reward.There are some inevitable cons in this business. For some of you, sharing the reward might be a letdown. Others may be intimidated by the pool fees.

Below you’ll find a list with top Verge mining pools in comparison for each of the algorithms available for XVG mining:

Pool Website	Market Share/per algorithm*	Server Locations	Reward System	Pool Fee	Get all Details
unimining.net	46.6 % 46.6 %	EU	PPS (pay per share)	0.5%-0.9%	Read Review
mining-dutch.nl	35 % 35 %	EU Asia USA	PROP (proportional)	2%	Read Review
xvg-lyra.suprnova.cc	62.8 % 62.8 %	EU Asia USA	PPLNS (pay per last N shares)	2%	Read Review
verge-scrypt.miningpoolhub.com	35 % 35 %	EU Asia USA	PPLNS (pay per last N shares)	1%	Read Review
xvg-x17.suprnova.cc	61 % 61 %	EU Asia USA	PPLNS (pay per last N shares)	2%	Read Review

*Keep in mind, that estimations and values in the crypto world are not certain and constant.

As you can see from the table above, I have listed a few components of a Verge pool – market share, server location, fee, reward system, algorithm. Why there are different pools for each algorithm you may ask. The answer is simple – some hash functions are better suited for mining with ASICs and others for GPUs. Considering Verge is a multi-algorithm coin, the most suitable pools for each type of hash protocol operate on separate networks and thus have different difficulty and total hashing power.

If you want to learn the nitty-gritty of mining pools and how to choose the right one, check out the article for detailed instructions.

My work doesn’t stop here. I want to draw your attention to one small trick, which will ensure you’re mining all the time. It relates to the number of used Verge pools. I advise you to have several registrations, especially when mining involves multiple algorithms. No matter how safe a pool is, it’s internet and hardware dependent. Anything can happen. That is wh, make sure you have at least а few XVG pools at your disposal. When one is down, your wallet will automatically switch to the next one in line and continue mining Verge, or any other coin.

When I talk about mining and pools, another topic I should cover is rewarding systems. That is the method used for distributing the profit from each block found. This aspect has several key points, which I’ve explained in detail with the “Mining pools reward systems” article.

Mining pools without registration

The same way coins have two sides, so do registration requirements of mining pools. You can opt for detailed statistics after creating an account or you could simply join in and start mining with no pre-requisites. Here is a table with some of the best Verge mining pools without registration:

Name	Fee	Pool Url	Worker	Password
Hashfaster.com	1%	X17: stratum+tcp://hashfaster.com:3737 Lyra2rev2: stratum+tcp://hashfaster.com:3740	–	Any
Zergpool.com	0%-0.5%	X17: stratum+tcp://x17.mine.zergpool.com:3737 Blake2s: stratum+tcp://blake2s.mine.zergpool.com:5766 Myr-GR: stratum+tcp://myr-gr.mine.zergpool.com:5433 Scrypt: stratum+tcp://scrypt.mine.zergpool.com:3433	–	Any
Zpool.ca	1.5%-1.75%	X17: stratum+tcp://x17.mine.zpool.ca:3737 Lyra2rev2: stratum+tcp://lyra2v2.mine.zpool.ca:4533 Blake2s: stratum+tcp://blake2s.mine.zpool.ca:5766	–	Any

The usage of such pools is a no brainer. Considering I’m talking about mining, we should look into configuring your mining device. All you need to do is log on to your device’s management page/software and type in the URL and your wallet address.

Calculating my XVG Pool Mining Profits

Cryptocurrencies are constantly changing, which makes it impossible to predict anything with a high level of certainty. You can estimate the results of joining a Verge mining pool, but those figures would be valid for the moment you’re using the calculator. Results are based on the difficulty and market price at the point of estimation. They are not to be taken as set in stone. To receive a result, you only need to enter your hash rate, power consumption, electricity cost, pool fee and click “calculate”.If you’re a cloud mining enthusiast, you can also make use of the calculator. All you need to input is your hash rate and pool fee. Once you’ve received a result, you can easily predict whether you’ll be able to make a profit.

Every parameter that has been added automatically can be adjusted to fit your needs.

Mini Mining Profit Calculator

Setting up your own Verge Mining Pool

Why should you even consider creating your own Verge mining pool? You’ve perhaps previously joined a mining pool or two and achieved success with finding blocks. Now think back to that moment and consider how many other people you worked together with and how each and every one of you was paying a certain fee for this service. Why wouldn’t you want to be the one who receives that amount instead? It’s by no means an easy task, hosting a pool, nor is it cheap to run. However, consider the long-term implications and the potential for making a profit.To get you started on this exciting journey, I’ve prepared an easy to follow guide, going over all the steps you need to cover, in order to be a successful host.

The spine of every mining pool project is the Virtual Private Server or VPS. Here are the minimum requirements to run one:

Step by Step Video Guide for setting up Your own Verge Pool

Minimum Requirements

Dual Core CPU (Quad core if you want to support all Verge’s algorithms)
4GB of RAM memory (8GB or more if you want to support all Verge’s algorithms)
300GB of storage space to keep the blockchain of the coin ( more if you want to support all Verge’s algorithms )
Uncapped bandwidth usage (incoming and outgoing traffic depends on how much users are connected and full-node block synchronization)
Dedicated public IP address

In case you don’t have the opportunity to have your own server, you can always rent VPS from a provider. The only thing for you to do in this case is to install and configure the mining pool software. The only thing left is to start mining. If you decide to go rent your server, you avoid dealing with hardware devices, bandwidth and electricity.

Verge pool distribution

The best Verge mining pools are distributed globally. Some of the main ones are located across Europe and Asia. ASIC friendly pools are located primarily in China, due to a close connection between providers and equipment manufacturers.At Verge’s core, I have its multiple algorithms structure. Naturally, it’s mostly mined in multi-algorithm pools. Hashing functions of the coin, that are GPU friendly have a more equal distribution worldwide. Algos such as Lyra2rev2 and X17 are supported by most of the popular multi-coin mining pools.

Pool Distribution (calculate by blocks) Pie chart with the biggest Verge mining pools

Pool	Hashrate Share
Unimining.net	46.6%
Mining-dutch.nl	35%
Xvg-lyra.suprnova.cc	62.8%
Verge-scrypt.miningpoolhub.com	35%
Xvg-x17.suprnova.cc	61%

History and Future of Verge mining pools

Verge is a tasty bite for a lot of scammers because it is valuable. XVG’s security has been upgraded many times after it experienced a few 51% attacks. The team behind the currency has advised miners to use different algorithms for finding each block. This prevented a single pool to control the majority of the hashing power.

What the team did was patch the code with an emergency commit to the repo. In a later stage, this change evolved into a hard fork. Even after the attacks were handled, many people are still sceptic about using Verge mining pools.

FAQ

What is the reward for finding a block?

So far it is 730 XVG.

What is orphan block?

An orphan block is a VALID block that was created when another miner found another VALID block at the same time. The blockchain then passes it by and accepts just the valid one.

Is it possible to use a hash rental or cloud mining for Verge?

Yes, some of the cloud mining and hash rental services support some of the Verge’s algorithms.

What is a hash rate?

Hash rate is the speed at which the miner computes and submits possible solutions to solve the block.

Why does my hash rate change when I switch to a different Verge algorithm?

Because on the different algos, the workload on the computing unit is different. On some, it’s higher than others. That’s why the difficulty is different on every algorithm of Verge.

Alexander May

With consistent industry knowledge and a proven track record in implementing strategic mining pool diversification strategies, Alexander is a passionate supporter of cryptocurrency mining. He stands behind the idea of building decentralized economies to alleviate global inequality.