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Getting on Track with Casper
I admit it; I missed the Casper train. And not only that, but I didn’t even get back to the station in time to watch it leave. I completely missed the boat on Casper, and by the time I woke up to its potential, I was too late. But now, after months of watching other people talk about Casper, I’m finally taking the plunge. And not just that—I’m going to diversify by dual mining Ergo and Casper simultaneously.
Getting to Know Casper
Casper has shot up in popularity and value over the last six months, especially in the past 30 days. This rapid growth reminds me of Nioxa’s rise when it went from mere fractions of a penny to making serious moves over the course of just a few weeks. Seeing early adopters reap the rewards of their foresight was eye-opening, and now I’m ready to see what I can gain from mining Casper.
If you’ve been following my videos for a while, you’ll know that I strongly advocate for diversifying your crypto portfolio. When you put all your eggs in one basket, you expose yourself to unnecessary risk. But when you spread your investment across different currencies, you can minimize the risk and potentially maximize your returns.
But today, I’m not just going to talk about diversification—I’m going to show you how to mine two different currencies at once. Yes, that’s right—we’re going to mine Ergo and Casper simultaneously. Let’s dive into how to do this.
Setting up for Dual Mining
First, you need to have a Casper wallet. If you don’t already have one, go to Caspa.org and set one up. They offer a variety of options, including a web wallet, a mobile wallet, a desktop wallet, and even a command line wallet. For this video, I’ll be using the web wallet, but depending on your comfort level with different platforms, you might choose a different option.
Once you’ve got your wallet set up, it’s time to turn to Hive OS, the operating system designed specifically for mining. Hive OS allows you to manage your mining rigs from a single dashboard, making the process simple and efficient.
Creating a Flight Sheet
The first step in Hive OS is to create a flight sheet—a configuration file that determines which coin to mine, which pool to use, and other important settings. When we create our flight sheet, we’re going to start with Ergo. This might seem counterintuitive if you want to prioritize Casper, but trust me—it will all make sense in the end.
We’ll first select Ergo as our coin. Next, we’ll choose a wallet. In my case, I’m using my Ergo wallet within ZelCore. If you haven’t checked out ZelCore yet, I highly recommend it—it’s a great multi-asset wallet that simplifies managing cryptocurrencies.
Choosing a Pool
For the pool, we’re going with HeroMiners. It supports both Ergo and Casper mining and has a user-friendly interface. After selecting HeroMiners as our pool, we’ll choose our preferred server (I’m going with the East Coast option for this demo), and then select the miner. In this case, we’ll use BZ Miner.
At this point, a second coin option becomes available on our flight sheet. Here’s where we add Casper. We’ll select our Casper wallet, and, because HeroMiners is not listed in the pool options for Casper, we’ll choose ‘configure in miner’.
This next step is important, so pay attention. We’re going to set the intensity for our mining operation. If we want to focus more on mining Casper and only a little bit of Ergo, we adjust the values accordingly. For now, I’m going to leave this blank and let it auto-tune.
Applying Configurations and Launching
Once you’ve set everything up on the flight sheet, it’s time to apply the changes and create the flight sheet. You can then apply this flight sheet to your rig and start mining.
Remember, we’re not finished yet. Since we’re using a beta version of BZ Miner, we need to force the miner to use this version. This can be done with a run command in Hive OS that downloads and applies the beta version.
Checking Your Progress
After 15 minutes of mining, it’s time to check on our progress. We can see our hash rates for both Ergo and Casper in Hive OS.
Over on HeroMiners, it shows our estimated daily earnings from mining both coins. As of now, with imperfect overclock settings and only three GPUs, the revenue is not significant. But it’s okay—we’re in this for learning as well as earning.
So, that’s my journey into mining Casper so far. Yes, I was late to the game, but I’m finally onboard and learning loads. Could I have optimized my overclock settings? Sure. But these are early days, and there’s plenty of room for playing and tweaking.
Remember, the cryptocurrency market is as diverse as it is expansive. Don’t be afraid to diversify your portfolio—after all, fortune favours the bold. So whether you’re mining Casper or another cryptocurrency, always keep a keen eye on the market and be ready for the unexpected. It’s all part of the exciting world of cryptocurrency mining. Stay tuned for the next chapter of our crypto journey!