How to mine Alephium (ALPH) cryptocurrency? List Of Programs (miners), Wallets, Pools
In this review, we will tell you how to mine the cryptocurrency Alephium (ALPH): mining programs (miners), pools, wallets and more. And we will also answer the question whether it is worth mining this cryptocurrency or not!
This article is not financial advice, it's up to YOU to decide whether to mine this coin or not!
How to mine Alephium: a quick answer
The Alephium cryptocurrency runs on the Blake3 algorithm. For mining, you need to follow these steps:
- Step 1. Get a digital coin wallet: exchanges, official wallet, multi-currency
- Step 2. Choose a pool that is convenient for you. Example: herominers.com
- Step 3. Choose a mining program (miner). Example: BZMINER, LOLMiner
- Step 4. Create .Bat file with settings and save it
- Step 5. Start mining (configured.Bat file)
Next, we will look at all these points in detail.
System requirements of Alephium
Algorithm |
Blake3 |
Block Time |
4.0s |
Block Reward |
3.01 ALPH |
Max Supply |
1,000,000,000 |
Minimum amount of video card memory |
From 2 Gb |
How to mine Alephium?
Now, let's look at all these points in more detail. Let's start with the first point: creating (receiving) a digital wallet for the Alephium coin (ALPH).
Where and how to get an Alephium digital wallet? Which one will do?
You can get an Alephium cryptocurrency wallet in 2 simple ways:
Wallet Type |
Download |
Exchange |
|
Official Alephium Wallet |
Let's look at all these types of wallets in more detail.
Example of the wallet address of the Alephium coin:
14xchBfD4bwxdti44NyjK5BQWympyHuxAREigL2UkZCgZ
Official Alephium Wallet
The official Alephium wallet can be downloaded from GitHub. Here is a link to the latest version. And link github.com.
The wallet is available for:
- Windows
- Linux
- MAC
Install dependencies using:
npm install
To run the application as a web application, run:
npm start
To run it as an electronic application, run:
npm run electron-dev
Pay attention! We do not recommend installing wallets of little popular cryptocurrencies on your main PC, or on a PC with other popular cryptocurrency wallets, since in the entire history of cryptocurrencies, coins were created whose wallets were viral and they stole the private keys of other cryptocurrency wallets.
It's up to you to install this wallet or not. But it's best to put it on a separate PC.
Wallet from the exchange
The second option for getting a digital wallet is to get it on the exchange Gate.io .
This is the easiest and fastest way to get a wallet, but not secure, since exchanges are hacked, scammed and others. Because of all this, there is a chance to remain without coins.
We go to the exchange's website, then go to the "Wallet" section - "Classic account".
Select "Spot Account":
In the new page that opens, we enter "ALPH" in the search box (if you are not looking, click the "Hide assets with a zero balance" checkmark). Next, click on the "Deposit" button.
Choose "Onchain Deposit":
A new page will open. On it you will receive a digital coin wallet, copy it:
Mining pool
The coin entered the market on January 13, 2022, it is represented on a fairly small number of pools, here are the most popular of them:
Pool |
Commission |
Minimum payout |
Comment |
0.9 % PROP 0.9 % SOLO |
0.5 |
The largest pool: ~ 63.7% |
|
0.9 % PROP 0.9 % SOLO |
1 |
The second largest pool:~ 28.0% |
|
0.9 % PPS |
1 |
- |
|
solopool.org [SOLO] |
1.5 % SOLO |
5 |
The largest solo pool |
You can find the rest of the bullets on the website: miningpoolstats.
Download Alephium mining software
The coin works on the Blake3 algorithm, the following programs are suitable for mining:
Program |
Series |
Setup and Download |
BZMINER |
Nvidia+AMD |
|
LOLMiner |
Nvidia+AMD |
|
SRBMINER-MULTI |
AMD |
|
TREX |
Nvidia |
After you have downloaded the program, extract the archive and create a Bat file of the Alephium coin for a pool convenient for you.
Please note that on our website there is a large, step-by-step setup instruction for each program!
Examples of setting up a BAT file for different programs
Next, we will show you how to configure a BAT file for different programs.
T-Rex v0.26.4+
t-rex.exe -a blake3 -o stratum+tcp://de.alephium.herominers.com:1199 -u YOUR_ALEPHIUM_WALLET_ADDRESS.YOUR_WORKER_NAME -p x
pause
BzMiner v9.2.1+
@echo off
bzminer -a alph -w YOUR_ALEPHIUM_WALLET_ADDRESS -p stratum+tcp://de.alephium.herominers.com:1199
pause
SRBMiner-Multi v0.9.8+
Open the start-mining-alephium.bat file:
setx GPU_MAX_HEAP_SIZE 100
setx GPU_MAX_USE_SYNC_OBJECTS 1
setx GPU_SINGLE_ALLOC_PERCENT 100
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_MAX_SINGLE_ALLOC_PERCENT 100
setx GPU_ENABLE_LARGE_ALLOCATION 100
setx GPU_MAX_WORKGROUP_SIZE 1024
@echo off
cd %~dp0
cls<
SRBMiner-MULTI.exe --disable-cpu --algorithm blake3_alephium --pool de.alephium.herominers.com:1199 --wallet YOUR_ALEPHIUM_WALLET_ADDRESS.YOUR_WORKER_NAME
pause
How to mine on Amd
Download the program for Alephium mining on AMD video cards:
Program |
Series |
Setup and Download |
BZMINER |
Nvidia+AMD |
|
LOLMiner |
Nvidia+AMD |
|
SRBMINER-MULTI |
AMD |
How to mine Alephium on Hive OS?
This video describes in detail how to mine the Alephium cryptocurrency on Hive os:
Is it worth mining Alephium?
Let's say right away, this is not financial advice, it's up to YOU to mine or buy this coin!
This coin is often found in 1-5 place in profitability on various video cards.
For example, at the time of writing, 1 Nvidia 3090 video card is the best at mining an Alephium coin:
With AMD, too, plus or minus a similar situation, 6700XT:
Now let's see where this cryptocurrency is in terms of capitalization and what daily trading volumes it has.
The coin is on the 4362nd place by capitalization and the daily trading volumes are only $22707!
Based on all this, we can safely say that the coin is not popular, it will be very difficult to sell it. If you have large capacities, then mining this coin is useless – it will be difficult for you to sell the mined.
It makes sense to mine this coin with small capacities (from 1 to 4 video cards) and sell 70% - 100% of coins every week (the remaining 30% can be held if there is confidence that this coin has a future).
Also, do not forget that the coin is traded on only 1 exchange, which means that if it is hacked, it will get bored, or even this exchange will lock up the Alephium coin, then you can lose all your savings! Therefore, it is better not to hold such a dubious coin for a long time.
Alephium appeared on the market at the beginning of 2022 and during this time it has not increased in price, it has not entered new exchanges, and its capitalization is only falling!
Alephium: cryptocurrency review. What's it?
Now let's briefly look at what Alephium is.
Alephium is the first operating segmented L1 blockchain that scales and improves the concepts of PoW and UTXO.
Decentralization, independence and security combine with high performance, accessibility and energy efficiency in a developer-friendly network optimized for DeFi applications and smart contracts.
Since entering the market, the coin has received almost no decent updates, and work in GitHub is carried out often, but if you look more closely, they are mainly aimed at working with the wallet.
In general, Alephium is another scam project that has not interested investors, which has not entered new exchanges for the entire time of its existence, which is poorly supported and much more.
In our opinion, this is a dubious project, mining of which is possible only with very small capacities!