How to Mine ArQmA Coin (ARQ) With Your PC

ArQmA is a decentralized open-source public blockchain project. It is a cryptocurrency based on the Monero source code and is constantly being improved with new features developed by their team.

ArQmA uses the same Proof-of-Work (PoW) consensus algorithm as Bitcoin, with the exception that its approach lets even novice miners with an ordinary CPU to start mining. In this post, you will learn how to mine ArQmA on Windows and Linux using your own CPU.

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How to Mine Monero (XMR)

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What to consider before mining ArQmA

Most beginners do not know about the factors that they need to consider when mining any cryptocurrency, including ArQmA. So, here’s a look at the most essential things to keep in mind before you start mining ArQmA.

Profitability

Before you start learning how to mine ArQmA using your CPU, you should think about how profitable it is to mine it.

The two most important aspects of cryptocurrency profitability are mining hardware hashrate and electricity costs.

To make it easier to determine if ArQmA mining is profitable for you, you can use the ArQmA mining calculator. It will help you figure out how much profit you’ll make when you start mining ArQmA.

Hash rate

Hash rate is an estimate of the total amount of computational activity that miners do to add new blocks to the network.

Simply put, hash rate means how many hashes or calculations a device can perform per second. For this activity, individuals who mine are rewarded in the form of cryptocurrency.

This is why having a CPU with high processing speed will make you more profitable.

How to mine ArQmA

Using your device’s CPU is the most typical way to start mining ArQmA. You can also get a CPU exclusively for mining.

Recommended minimum specs for mining ArQmA:.

Let’s take a look at how to mine ArQmA.

Step 1: Install a ArQmA wallet

First, you need to download, install, and set up a crypto wallet. In this guide, we will use the ArQmA Electron wallet.

On the download page, you will see different operating systems for installing the wallet. Click the OS that you’re using and head to the next step.

download wallet
Step 1.2: Install the file on Github

Once you click on the OS of your choice, you will be redirected to Github where you’ll find the installation files. Click on the required file to download it.

github
Step 1.3: Select Installation Options

Choose one of the options to make this software available to all users or only to yourself. Then click the Next button.

wallet setup
Step 1.4: Choose an Installation Location

Click the Browse button and select the destination folder for installation. Next, simply click the Install button.

installation location
Step 2: Open the ArQmA Wallet

Once installed, open the ArQmA electron wallet and select the language of your choice.

open wallet
Step 2.1: Setting various options

Here, if you want, you can customize the different options presented. These aren’t significant options so you can just use the default settings and move on by clicking Next.

wallet various settings
Step 2.2: Create new wallet

On this page click “Create new wallet.”.

create new walle
Step 2.3: Wallet Creation

Here you need to enter any name for your wallet, select the Seed Language and create a password. Then click “Create Wallet.”.

wallet create progress
Step 2.4: Confirm your mnemonic seed words

Write down the seed words, and then enter them in the box. After that, simply click the “Open Wallet” button.

mnemonic seeds
Step 2.5. Enable Solo Mining

Go to the Solo Mining tab and check the Enable Solo Mining option.

solo mining
Step 3: Getting a config for mining

For configuring your wallet, first go to the XMRig website and in the Wizard tab, click “New configuration”.

mining config
Step 3.1: Add new daemon

Click the +Add Daemon button and in the resulting window enter your IP address under the Host opinion, your wallet address (which you can find in the Arqma Electron Wallet app) and for Coin, select ArQmA. Next, click the blue +Add Demon button to complete the addition of the daemon.

add daemon
Step 3.2: Use your CPU for mining

Go to the “Backends” tab and select the CPU to use your CPU for mining.

cpu
Step 3.3: Donate for the mining software

Go to the “Misc” tab and select the donation percentage for the mining software.

donate
Step 3.4: Download the configuration file

Now go to the “Result” tab and download your own configuration file by simply clicking on the green button.

config
Step 4: Download XMRig software for mining

Click on the green “Download” button on the top right. Choose the OS that suits you and download the appropriate file.

download config file
Step 4.1: Extract the file

Now extract the file to your preferred folder in your computer.

extract file
Step 4.2: Move the config file to the xmrig folder

Select the config file that you downloaded earlier and move it to the XMrig folder.

move xmrig
Step 5: Start Mining.

Finally, click on the XMrig file to start mining, and when mining starts your screen should look something like the following screenshot.

screenshot
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