How to mine cryptocurrency OctaSpace (OCTA)? Programs, pools, wallets. Is it worth to mine?

In this article we will show you how to mine cryptocurrency OctaSpace (OCTA), Ethash algorithm: list of miners, pools, wallets (exchanges), the best video card for mining and much more!

This article is not financial advice, it is up to YOU to decide to mine this cryptocurrency or not!

How to mine cryptocurrency OctaSpace (OCTA): quick answer

OctaSpace cryptocurrency runs on the Ethash algorithm. To mine it, you need to follow the steps below:

1. Step 1: Get a digital coin wallet: MetaMask, AlphaWallet or the exchange's wallet: CoinEx, Xeggex
2. Step 2: Choose a pool that is convenient for you. Example: k1pool.com or gteh.org 
3. Step 3. Choose a mining program (miner). Example: PHOENIX Miner, RIGEL, GMINER, LOLMINER
4. Step 4: Create a .Bat file with settings and save it
5. Step 5: Start mining (customized .Bat file)

 Next, we will look at all of these points in detail.

OctaSpace system requirements and opinion on the coin

For the most part, the coin is nothing new. The developers have not even made their own wallet for the coin (only multi-currency wallets are available), but this is a common phenomenon among Ethash coins.

The coin has very small trading volumes. The largest trading volumes on Coinex ~ $65000 per day, on other exchanges no more than $12000 per day.

Even the roadmap of the coin does not cause confidence in its future.

However, it is worth realizing that a lot of junk coins live to this day, so only you decide what to do with this cryptocurrency!

How to mine OctaSpace (OCTA), Ethash algorithm?

Next, we will step by step explain how to start mining OctaSpace cryptocurrency (setup and launch). Let's start with the first point: creating (getting) a digital wallet for OctaSpace coin (OCTA).

Where and how to get a digital wallet for OctaSpace cryptocurrency? Which one is suitable?

There are only 3 possibilities to get a digital coin wallet on the official website of the coin:

1. MetaMask
2. AlphaWallet
3. Exchanges (CoinEx, Xeggex)

Note that storing cryptocurrency on an exchange is very risky, as exchanges are often hacked, they close down (stealing users' funds) and so on. Therefore, it is not a safe type of storage.

Use exchanges for trading only, don't store your coins there!

How to get OctaSpace wallet on MetaMask?

First, install the MetaMask extension in your browser and configure it.

Then you need to click on the button with the current network and click on "Add Networks".

In the new window, fill in the following fields:

• Network Name: OctaSpace
• ChainId: 800001
• Block Explorer URL: https://explorer.octa.space
• New RPC URL: https://rpc.octa.space
• Currency Symbol: OCTA

Then click on the "Save" button. Congratulations, you have created a wallet in MetaMask.

How to create OctaSpace wallet in AlphaWallet?

Go to settings, in the system menu and click on "Select Active Networks", then click on the "+" button in the upper right corner!

Fill in the following fields:

1. Network Name: OctaSpace
2. RPC URL: https://rpc.octa.space
3. Chain ID: 800001
4. Symbol: OCTA
5. Transactions Explorer URL: https://explorer.octa.space/tx/
6. Explorer API: https://explorer.octa.space/api?

Then click on the "Add Network" button. Congratulations you have created a wallet on AlphaWallet!

How to get OctaSpace wallet on CoinEx exchange?

First of all, register on the exchange!

Next, click on "Assets" in the top left corner and click on "Spot" in the pop-up menu.

A new page with all coins will open. Type "Octa" in the search bar. The list of coins will be filtered.

Then click on the "Deposit" button.

A new page opens. On it you will see security warnings. Familiarize yourself with them and if you accept them all, check the box and click on the "Confirm" button.

Congratulations, you have received an Octa wallet on CoinEx.

Please note that minimum deposit: 0.0031 OCTA!

Example of OctaSpace coin wallet

The OctaSpace digital coin wallet is as follows:

0xcec6f339daaeb6e07796c31c805ca50e4e60f5fa

Mining pool Octa

OctaSpace cryptocurrency entered the market in April 2023 and currently has not a large number of pools (only 15 live ones). The main Hashrate of 5 pools.

You can find the rest of the pools on the site miningpoolstats.

Download OctaSpace mining software. Miners for Ethash algorithm

The coin runs on the Ethash algorithm, the following programs are suitable for mining:

These miners support graphics cards from AMD and NVIDIA and are available for both Windows and Linux.

Our website has detailed reviews of all the above mentioned miners: how to set them up, description of all commands, how to set up LHR unlock, problem solving and much more.

You will also find in these articles ready-made programs (customized .BAT files), where you will only have to replace the digital wallets with yours!

Examples of configuring BAT file for different programs

Next we'll show you how to set up a .BAT file for OctaSpace Coin (OCTA) in different programs.

Example of customizing a .BAT file for PhoenixMiner (Windows):

PhoenixMiner.exe -pool eu.crazypool.org:5225 -wal 0xcec6f339daaeb6e07796c31c805ca50e4e60f5fa.BW -pass x -proto 4 -coin ETH

Example of customizing a .BAT file for T-Rex (Windows):

t-rex -a ethash -o stratum+tcp://eu.octa.k1pool.com:6282 -u Kr_WALLET -p x --worker RIG_NAME

Example of customizing a .BAT file for Gminer (Windows):

miner --algo ethash --server eu.octa.k1pool.com:6282 --user Kr_WALLET --worker RIG_NAME

Example of customizing a .BAT file for lolMiner (Windows):

lolMiner --algo ETHASH --pool eu.octa.k1pool.com:6282 --user Kr_WALLET.RIG_NAME

How to mine OctaSpace on Amd?

Download the OctaSpace mining program for AMD graphics cards:

How to mine OctaSpace on HiveOS and Rave OS?

Step-by-step instructions for OctaSpace mining on HiveOS

Best graphics card and Asic for mining OctaSpace Mh/W

Hashrate of video cards and Asics in OctaSpace mining (Ethash algorithm)

Is OctaSpace worth mining? Income

As we have already said, this coin is nothing new. There are many such coins.

OctaSpace is mostly a trash coin, and like any other trash altcoin it can "die" after 1-2 hyips. However, such coins can well 1-2 times "shoot".... It is up to you to mine such a garbage altcoin or not!

Coin is represented on only 3 exchanges. More or less trading volumes are only on Coinex ~ 60000$ per day.

At the time of writing (October 2023), OctaSpace coin is not profitable in mining! On all video cards it is mined at a disadvantage!

It makes no sense to mine this coin now on video cards, as you will be mining it in minus!

On Asics things are a little better, and there this coin is mined in plus: