How to mine Akroma? Coin Features, AKA Mining Profitability and Farm Settings


What is Akroma (AKA)

The developers position Akroma as a “smarter cryptocurrency.” Behind this formulation lies an EVM platform for creating applications. The description from the developers is too complex - it’s easier to skip it.

The official resource of the project also reports the presence of masternodes in the network, which confirm transactions and guarantee decentralization of the system. The tasks are the same as those of VIVO, GoByte and $PAC, which can be purchased on 2Masternodes.

Requires 5001 AKA to run. There are a total of 1272 active masternodes in the network, which have already brought 1.81 million coins to their owners. Not bad.

The developers also talk about decentralized oracles that provide a protocol for accessing intelligent smart contracts outside the network. The platform promises to add intelligence to Akroma-based decentralized applications.

Akroma

Akroma is an EVM application development platform with a stable and self-funding management model. It is designed to offer startups and enterprises an unparalleled development and usage experience.

Masternodes help secure and scale the Akroma network by confirming transactions and maintaining the decentralization of the platform. Mastrenod holders receive a reward for this.

Akroma masternodes will provide powerful decentralization and resistance to censorship, which in due course will become the basis for the Akroma Oracle platform.

Akroma is a cryptocurrency and application development platform focused on creating a governance model that rewards members of its society.

Akroma's governance model is focused on creating a sustainable application development platform while contributing to the community.

Peculiarities

  • Compatibility
  • No significant protocol changes
  • Constant change
  • Community driven coin

Road map

Completed:

  • Website release
  • Web wallets
  • Mainnet
  • Mining pools
  • Hard-fork
  • Explorer
  • Android Mobile Wallet
  • Masternodes
  • Entering the exchanges
  • Akroma Foundation
  • In the near future:
  • Cold wallets

Development team

The development team is completely open and consists of 7 members.

Eric Polerecky – Technologist. https://twitter.com/detroitpro

Ian DesJardins – Developer. https://twitter.com/codenbrew

Andrew Hainen – Designer. https://twitter.com/ahainen

Gunveer Natt – Android application developer. https://twitter.com/gun_natt


Developers

Stephen Koller - Designer + Developer. https://twitter.com/StephenKoller

Megan Mayle - Community Manager. https://twitter.com/missmeg703

Victor Reza – IOS application developer.

Where to store?

You can store coins on a Web wallet. This is a very convenient way to store coins, since you don’t need to install or synchronize anything.

However, it is less secure than, for example, a cold wallet, since the site can be hacked and coins will be stolen.

https://wallet.akroma.io

You can also store coins on mobile wallets for the following operating systems:

  • Android
  • iOS – in development until the end of 2022.

This type of wallet is very convenient, as it is almost always at hand. You can easily check the balance and rate of the coin, as well as enter or withdraw AKA to the exchange.

You can also store coins directly in the Google Chrome browser using a special extension “AkromaWebExtension”. This type of wallet is not very secure.

https://chrome.google.com/webstore/detail/akroma/gghgmpjmebiapnjjpgakibnpklhbnkof

By the end of 2022, the developers plan to create cold wallets for such operating systems as:

  • Windows
  • Linux
  • Mac

Akroma developers have decided not to develop the standard Mist Ethereum wallet, instead they are building their own. Today we have an Alpha version of the desktop wallet. https://github.com/akroma-project/akroma-wallet-desktop

Another way to store Akroma is on the exchange where it is traded.

How to mine?

The coin runs on the Ethash algorithm and is mined using GPUs (video cards).

In order to start mining this coin, you need to:

Build a mining farm, or use 1 video card in your PC.

Video cards from AMD are best suited for mining AKA coin. You can also mine AKA on video cards from Nvidia, but the profit per day will be less.

It is worth noting that with the release of the “OHGODANETHLARGEMENTPILL” tablet for Nvidia 1080 and Nvidia 1080TI, mining coins of the Ethash algorithm has also become very profitable.

However, we note that such a tablet could theoretically harm your card and render it inoperable faster. Many miners abandoned it, considering the risk of card death unjustified, even when a 1080 TI with a tablet gives up to 55Mh/s.

Hashrate

AMD 280x – 11 Mh/s AMD 570 – 27.9 Mh/s AMD 580 – 30.2 Mh/s AMD Vega 56 – 36.5 Mh/s AMD Vga 64 – 40 Mh/s Nvidia 1050 TI – 13.9 Mh/s Nvidia 1060 – 22.5 Mh /s Nvidia 1070 – 30 Mh/s Nvidia 1070 TI – 30.5 Mh/s Nvidia 1080 – 23.3 Mh/s Nvidia 1080 TI – 35 Mh/s (tablet up to 55 Mh/s)

Programs

Next, you need to download a miner to mine this coin.

The following are suitable:

ProgramSeriesSetup and download
Claymore's Dual Ethereum AMD+NVIDIA GPU MinerAMD/Nvidia
Phoenix MinerAMD/Nvidia

Pools

After you have downloaded the miner, you need to select a mining pool that is convenient for you:

https://clona.ru https://aikapool.com

When a pool is selected, you need to configure a Bat file for it.

Masternodes

It is planned to implement masternodes in the coin. They are designed to provide faster transactions and protect the blockchain from network attacks. In addition, unlike proof of work miners, masternode owners are often more loyal to the network. People who have invested in masternodes will likely stick with the coin a little longer, which gives the entire project a little more stability.

Masternodes help secure and scale the Akroma network by validating transactions and acting as an incentive for decentralization. Running a masternode is rewarded by Akroma.

A large-scale masternode layer provides the foundation for building additional functionality on the Akroma network.

  • Required collateral: at least 5001 AKA
  • Rewards are made once a day

Differences between a masternode and a regular coin purchase

  1. The entry price for a masternode is fixed and often quite high. A stable and high entry price makes the investment a little riskier than buying a few random coins. It's worth mentioning that Akroma is a little different in that the entry price is lower than its closer competitor, Pirl. As of today, the starting price is $605 USD (5000 AKA)
  2. The income you receive from investing your money in a masternode is constant - the longer you hold your coins, the more you earn, no matter how good or bad the market is.
  3. Masternodes require hosting. You will either have to have a dedicated computer with a static IP, or you can pay a small monthly fee and use a third-party hosting service.

How to get a?

  1. Mine directly on GPU
  2. Buy on the exchange
  3. Mine a more profitable coin and sell it on the same day in exchange for AKA
  4. Earn profit from Masternodes

Where can I buy?

The coin is traded on 3 exchanges.

  1. https://app.stocks.exchange/en/basic-trade/pair/BTC/AKA/1D Trading is sometimes carried out very rarely (several transactions in a couple of hours), and sometimes very often (several transactions per hour). BTC trading pair.

  2. https://graviex.net/markets/akabtc?pinned=false Trading is carried out frequently. BTC trading pair.

  3. https://bitebtc.com/trade/aka_btc almost no trading takes place.

Forecast

In general, the coin is very interesting, although in essence it carries the same thing as almost all other coins of the Ethash algorithm.

However, its plus is in a completely open team, with a link to the Twitter of each of the participants.

There is also very good activity on GitHub - this means that the developers are actually working on their product.

On the exchanges where AKA is traded there is a demand for the coin, which means there is interest in it.

Brand awareness is quite good at 43%.

The developers have a lot of events planned in the future. For example, in the fall of 2022 and at the end of spring 2022 there will be a lot of PR campaigns, entries into new exchanges, as well as releases related to the Akroma product.

It’s worth keeping a close eye on the project’s Twitter, which is very active. Don’t forget about the coin’s news: if everything that the team has planned is brought to life on time, then you should expect the coin’s rate to increase during these periods of time.

The difficulty of mining Ethereum is growing every day. Many people are looking forward to reconfiguring their farms to produce something else. Is Akroma a viable alternative?

As always, the answer is up to you. Do your own research and don't risk money you can't lose. What do you think about this project? Write to us in the comments!

See the description and purpose of the best cryptocurrencies

Where to mine Akroma (AKA)

A list of suitable pools is available on the project’s official website. Our 2Miners also got into it, where we recommend mining the coin.

We have more than 7,000 miners online. There is also a cool design, regular payments and foreign servers so that no one interrupts the work of your farms. Join us via this link.

A little about the acroma project.

Akroma is a new cryptocurrency based on Ethereum (Dagger Hashimoto algorithm).

The Akroma project uses these master nodes to support developer functions.

As such, Akroma's core protocol has an incentive system built into it that rewards those who host master servers with AKA.

Also in the future, the developers plan to add the concept of Oracles. Oracles are systems that provide data for smart contracts. The goal of the Oracle network is to develop a feature that smart contract developers can trust enough to access the results of the data provided to them, as this will often be the catalyst for token movement.

Akroma is based on the Dagger algorithm and can be used for mining on your hardware based on Nvidia or AMD graphics cards.

Now we will look at the steps you need to take to get Akroma coins using Claymore Dual GPU miner.

Step 1 - Create an Akroma Wallet

First you need to create an Akroma wallet. To do this we need to go to the website https://w.akroma.io

You need to enter a password for the future wallet (the password must be 9 characters long, and you can click on the eye to view the exact password, do not forget to save it!).

Now we need to save the keystore file (This file contains ALL your data for your wallet address and needs to be taken care of. Don't lose it! It can't be recovered if you lose it.).

After saving the file, you can move to the next page. Just click “I understand. Continue.".

On the next page you will be able to see your private key, this is very important information for you and your wallet. I would recommend storing the key on paper, as the wallet creators advise, and keeping that paper in a very safe place.

A private key is an alternative to your Keystore file for logging in and accessing your account.


Once you've done everything, you can finally access your wallet.

You click “Save your address.”


Now we can unlock our wallet. Use a "private key". Enter our key and click "Unblock"

Finally we see our wallet. We save the wallet address, we will need it to set up mining.

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