Anton Goloston 10/12/2018
The Pirl network works on almost the same principle as Ethereum. Users can create smart contracts here.
However, there are some peculiarities. Pearl also works with masternodes with a security mechanism that is a hybrid of Proof of Work and Proof of Stake.
In addition, Pirl aims to create a decentralized marketplace using smart contracts. The Ethash algorithm is used for mining.
Now that readers already know some details about cryptocurrency, we can move on to describing the process of mining coins itself.
Masternodes Pirl
A masternode is a wallet with a copy of the blockchain on which a certain number of coins are frozen and which must be online 24/7. The masternode is responsible for maintaining the network (confirming blocks and transactions), and the owner of the masternode receives a reward for this. Currently, masternodes on the Pirl network are in beta version; after the official launch, we should expect an increase in the coin’s rate due to people wanting to buy a masternode for themselves.
The 2Masternodes service will help you buy GoByte, VIVO, $PAC and Zcoin masternodes or shares in them. Purchase and launch are fully automated. Works anonymously and transparently.
To create a masternode you will need to have 20,000 Pirl, a static IP address and some knowledge of Linux.
Types of masternodes
PIRL will have two new specialized types of masternodes.
The first type is Pirl Content Masternode. It will be used as a platform for public decentralized storage and distribution of data for the marketplace and dApps.
The second type of node announced is the Pirl Storage Masternode. These nodes will be used as the basis of the service, distributed private file storage with full encryption and data protection based on redundant storage.
New types of masternodes will be “cheaper”. The amount required to launch them is only 10,000 PIRL. But earnings from new types of masternodes cannot yet be estimated, since the marketplace and distributed file storage are just getting ready for launch.
Regular masternodes in the new edition receive the Premium prefix and must support full functionality, including all storage options. The price for a Premium masternode will not change for now. We are preparing the same 20,000 PIRL for her.
As we can see, the coin is actively developing, and this adds confidence to it.
The ultimate goal of the Pirl developers is to create a Nautilus product and service that will operate on the basis of smart contracts. The PIRL platform will allow secure transactions between buyers and sellers of goods and services in an automated manner.
The roadmap of the coin is constantly being refined. Much has already been done. There is still more to be done.
Wallets for all popular operating systems are already available, as well as a convenient web wallet. In the future, the developers promise to introduce wallets for mobile platforms iOS and Android.
PIRL block explorer has already been launched: https://explorer.pirl.io/#/overview
And although in its current form the PIRL block explorer is not particularly convenient, a more functional and convenient tool is already being developed.
We calculate income from mining Pirl
If the price of a coin is expected to rise, it should be mined on the 2miners.com pool, and then sold as the price rises. Most likely, Pirl will be listed on major exchanges in the coming months, and this moment should have a positive effect on its price.
Did you mine HUSH with us? Which grew by 200% after our publication.
You can calculate how many coins you will receive on the What to Mine website. Enter your hashrate, click the “Calculate” button, and the site will calculate the estimated profitability taking into account the current exchange rate and network complexity.
The difference in profitability with other coins using the same algorithm is usually insignificant; often Pirl even surpasses the well-known Ethereum in terms of daily income.
Cryptocurrency mining pools
The first thing required to start mining is to find the appropriate pool. You can mine Pirl yourself, but payments in such a month will be much less frequent.
It all depends on the equipment the user is using.
At the same time, pools usually have small commissions.
Using such a network allows you to receive constant payments, several times a day.
For this instruction the pool will be used https://pirl.cryptopools.info.
It was chosen because it has low fees and many features.
The features of this network are its large size and wide capabilities. On average there are 183 blocks per day. Servers are located in the USA, European Union and Asia.
After choosing a pool, you can proceed directly to mining.
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Create a Pearl wallet
Option 1: Wallet on your computer
On the official Pirl website, in the upper right corner, click on the “Download Wallet” button and download the version of the wallet for your operating system. After installation, the application will download the full version of the Pirl blockchain to your computer. As of 01/06/2017, it takes up approximately 3.4 GB and creates an address for receiving coins.
Option 2: Online wallet
If you don’t want or have the ability to store a copy of the blockchain on your computer, create a wallet on wallet.pirl.io. This is an analogue of the popular MyEtherWallet; you can create and manage a wallet directly in your browser.
Option 3: Wallet on the exchange
The easiest option is to create a wallet on the Cryptopia exchange. After registration, go to the “Deposit” page, find the Pirl coin in the search and get the address. Don’t be alarmed by the message asking you not to use the address for mining, the coins arrive without problems.
Some basic tips
Before you start mining cryptocurrency, it is checked that the video card has the latest driver updates installed.
Also, most mining applications usually conflict with antivirus applications.
Accordingly, if the client wants to mine as usual, the mining application is added to the exceptions.
Here we can recommend creating a folder and organizing all the mining software inside subdirectories.
Then, the folder is added to the antivirus exceptions and thus all mining applications can be added.
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Setting up the Claymore miner
To mine Pirl on video cards, I recommend using Claymore's Dual Ethereum GPU Miner. It is regularly updated by the developer and is supported by most Ethash coin pools. Developer commission 1%.
Step 1: Install Claymore's Dual Ethereum GPU Miner
- Download the latest version of the miner from Mega or Google Drive.
- Unpack the archive.
Step 2: Download or create a .bat file to run the miner
- To simplify the launch of the miner, we will use a special text file with the .bat extension.
- Create a new file in the folder with the miner with any name and extension .bat or
Why do you need a .bat file?
A miner is a program without a visual interface that runs in the console. When starting the miner, it needs to “pass” the parameters with which it will work. To avoid doing this using the command line, we create a .bat file whose sole purpose is to pass the pool address, wallet number, farm name and other parameters to the miner.
Paste the following text into the .bat file:
setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_SINGLE_ALLOC_PERCENT 100 EthDcrMiner64.exe -epool pirl.2miners.com:6060 -allcoins etc -eworker FARM_NAME -ewal WALLET_ADDRESS -epsw x
Miner parameter values
setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_SINGLE_ALLOC_PERCENT 100 parameters for AMD cards
EthDcrMiner64.exe miner itself
-epool pirl.2miners.com:6060 pool address and port
-eworker FARM_NAME the name of your farm - write your own or delete it. No more than 8 characters. You can only use letters of the Latin alphabet, numbers from 0-9, as well as the symbols “_” and “-”
-ewal WALLET_ADDRESS the address of your Pirl wallet
-epsw x password to connect to the pool
Replace FARM_NAME and WALLET_ADDRESS with your own and save the file. In the end it should look something like this:
Step 3: Launch the miner
Double-click on the newly created .bat file, if you did everything correctly, the command line will launch and you will see something like this:
Pearl (PIRL)
Pirl is a completely new cryptocurrency , and, concurrently, another branch of the already well-known Ethereum. Initially, the developers stated that this crypt is designed to significantly facilitate the process of concluding transactions between sellers and buyers.
Unlike the notorious SHAFT currency (an unprincipled old coin that has remained deservedly forgotten), full-fledged wallets were immediately prepared for Pirl, tailored for it. You can find them here:
- https://wallet.pirl.io
- https://github.com/pirl/Oystr
The coin has two positive distinctive features:
- There is a block explorer. Found at: https://explorer.pirl.io/#/overview
- Network monitoring is available on the page https://stats.pirl.io
Currently, cryptocurrency is at the initial stages of its journey, and it is impossible to say unequivocally about its prospects. Mining started on October 3, 2022, and one cannot expect large earnings and colossal volumes during this short period.
Although during this time Pirl has already managed to fall into the “homeless exchange” category on the website https://stocks.exchange/trade/PIRL/BTC
In order to understand the overall picture, you can look at the general statistics of the largest cryptocurrency pool:
https://pirl.minerpool.net/#/
From the summaries it is clear that:
- The largest pool currently has more than one and a half thousand online miners (this figure has tripled over the past month).
- Hash rate is 367.30 GH.
- The pool fee is about one percent.
- A new block is formed approximately every 3-4 minutes.
- Blockchain height 465,487.
On the market, trading volumes also leave much to be desired, but for now you can turn a blind eye to this, since the currency is only gaining momentum, and it is not yet worth demanding widespread recognition and popularity from it. Representatives in popular communities and social networks will help a potential miner clarify the situation:
- Official website with more detailed information https://pirl.io
- Twitter page with the latest news and updates: https://twitter.com/PirlOfficial
- And the community at https://slack.pirl.io
Cryptocurrency Pirl
Some information and characteristics from the official website of the cryptocurrency.
So, the developers themselves say that Pirl is a cryptocurrency based on the Ethereum project. It is resistant to ASIC mining because it is built on a completely new chain concept. The goal is to provide a completely secure and convenient way to enter into transactions, which will be carried out in a fully automatic process.
Pirl is committed to an open source philosophy, emphasizing community involvement in shaping the economic future, and the complete decentralization of marketplace platforms for free selling and buying in a secure and automated environment.
The developers insist that this cryptocurrency is NOT:
- By coin
- Ethereum
- Token
The Pirl blockchain is used to execute smart contracts. The user interface and decentralized online store are constantly evolving to reduce the chance of error or control on anyone's part. Its very concept is a huge network space for users that will not obey anyone.
For the purity of the experiment, it is better for the miner to independently study the corresponding thread on BitcoinTalk - https://bitcointalk.org/index.php?topic=2120193.0, read the comments and judge whether Pirl is worthy of attention, or is it another unsuccessful Ethereum clone.
Practice shows that crypto blocks are formed quite quickly, and the profit received is similar to mining Ethereum. The only obstacle can be its low exchange liquidity, which manifests itself in modest trading volumes and low volatility.
It is still unclear to many when the developers will put their promises into action and implement their beautiful philosophical approach. After all, so far transactions are not as easy, secure and “airy” as they say on the website.
In the coming months, several more similar branches of various cryptocurrencies, including Ethereum, are expected. So it makes no sense to say with a 100% guarantee that Pirl has a great future. Perhaps a popular story will come into play with an artificial increase in the price by the developers themselves, and then they will disappear, leaving miners with useless coins in their wallets. The popular opinion of miners also plays a role here: having mined a fork, as soon as it has been created, in a few months you can sell what you mined at exorbitant prices. Whether it will work this time is unknown.
Experts do not advise thoughtlessly mining different branches in the hope of an increase in their price. After all, at any moment this shaky system can collapse, leaving users with nothing.
Mining Pearl
Let's look at mining Pirl using the example of https://www.cryptopia.co.nz
To start mining you need:
- Go to your profile on Cryptopia
- Click on the “Balance” tab
- On the left select Deposit Pearl
- The received wallet address must be copied on the new page
- Mining will take place using software https://bitcointalk.org/index.php?topic=1433925.0 (necessarily the latest version!)
- After downloading, you need to find the start.bat file, right-click on it and select the “Edit” option.
- Its contents should look something like this:
EthDcrMiner64.exe -epool stratum+tcp://pirl.baikalmine.ru:4444
-ewal Your_wallet_address_Pirl -epsw x -allpools 1 -allcoins exp
-gser 2 -eworker rig1
- Next you need to select a pool. For example, Russian-language https://mega-mining.ru It has fast ping, low commission and an excellent reputation.
conclusions
In light of recent events with the widespread appearance (and disappearance) of new forks and clones of well-known cryptocurrencies, it is becoming increasingly difficult to trust “branches”. We cannot exclude the possibility that Pirl has a great future, and you need to start mining it now (everything goes smoothly with mining), because very soon it may jump in price. But it is also inappropriate to deny the possibility that you can be left with “empty” coins.
Mining pool Pirl
To check the work on the pool, go to the pool page pirl.2miners.com and paste the wallet address into the search field in the upper right corner. Your statistics will begin to appear on the pool as soon as your miner sends the first ball. You can see this in the miner window - the Total Shares value: 1.
To correctly display the average speed on the pool, you need to wait several hours. The speed on the pool is measured by the number of solutions sent (share) and may not correspond 1 to 1 to the speed that the miner writes.
Registration on the Cryptopia exchange
At the moment, a wallet can only be created on the Cryptopia , so register on it using the link below.
Follow this link cryptopia.co.nz/Register to register. Be careful to only use this link. From now on, only visit this address.
Indicate your login, your email, password in two places, PIN code (from 4 to 8 digits). Each time you log in, you will enter your email and password, and then this PIN code, you need to write it down too.
After this, you will receive a letter from the exchange by email; to confirm your registration, follow the link in the letter.
After that, click “ Login ” in the upper right corner to enter the exchange. Enter your email, password, check the box that you are not a robot and click “ Log in ”, then enter your PIN that you specified during registration.
Next we need to create a wallet for PIRL.
Setting up Pirl mining in Hive OS
If you do not use the farm as your main computer, I advise you to read the review of the operating system for mining Hive OS. In terms of ease of managing and monitoring farms, it is head and shoulders above Windows. If you are already using the build, here is an example wallet for Pirl mining:
{ "name": "2miners PIRL", "email": NULL, "props": { "ewal": "0x632F4f6bf9F5bDC6EE0f4A069DEa0A87258a4965", "claymore": { "epools_tpl": "POOL: pirl.2miners.com:6060, WALLET : %EWAL%, WORKER: %WORKER_NAME%, PSW: x", "claymore_user_config": "-allcoins exp\n-allpools 0" } }, "fav": 0 }
You need to copy the code, go to the Wallets page and click the “Create wallet from JSON code” link below.
After pasting the code, Hive OS will create a new wallet in which you only need to replace the Pirl wallet address.
To safely sell and buy mined cryptocurrency, we recommend a Telegram bot. Read the overview and details of the work in this article.
Author Alexey Rubin.
Content
- Masternodes Pirl
- We calculate income from mining Pirl
- Create a Pearl wallet
- Setting up the Claymore miner Why do you need a .bat file?
- Miner parameter values
Pirl is now the second most attractive coin for me on the Ethash algorithm after Ethereum. Unlike most, the developers of Pirl did not just copy the Ethereum code with a different name, but are doing something new. Something new is the introduction of masternodes into the network.
RYO mining pool.
- The remuneration payment method is PPLNS.
- The minimum payout amount is 0.5 RYO.
The RYO mining pool has a rather low hashrate - 8.61 KH, so BaikalMine ranks only 14th in the ranking of pools in terms of computing power. At the time of writing, RYO was mined by 4 miners. The pool adds an average of 18 blocks per day. The reward for adding a block on the RYO network is 48.59 RYO ($2.62 at the current rate), so mining RYO is quite profitable.
