Denarius is the new cryptocurrency on the market. Originally based from the source code of Bitcoin. Named after the Roman Currency systems. It started
Denarius is the new cryptocurrency on the market. Originally based from the source code of Bitcoin. Named after the Roman Currency systems. It started out as a small silver coin that was minted around the year 211 BC. It became the most common coin produced in the Roman Times and given to the general public. Denarius is the first cryptocurrency to use a new algorithm. This algorithm is called Tribus which means three. This Tribus consists of three of the world’s more secure and popular algorithms.
Denarius features amazing new things like Stealth Addresses and Encrypted Messaging. This all leads Denarius to be fast, secure and reliable. It is secure because it is based off similar concepts to Bitcoin. It is extremely fast and built for the modern age. It is reliable because it utilizes the Proof of Work as well as Proof of Stake methods, that make for a safe and secure connection.
The markets these days are full of cryptocurrencies. Before it was just Bitcoin and now they popping up left and right. So why is Denarius so good? It’s simple. Bitcoin is tried and trusted. Denarius has taken the proper steps and code to make sure that it will be trusted and secure as well. The philosophy behind it is, why take something – meaning the bitcoin security codes – and try to rewrite it, when it already works so well? Because of these secure functions, Denarius should be as secure as its like minded relative, Bitcoin.
How to mine Denarius?
Learning how to mine cryptocurrencies is crucial if you want to fully maximize your earning potential. Denarius is new, and it is growing rapidly, meaning that the price is going up quickly. It has a limited supply, so the actual value of the coin may still increase by a lot. Therefore, go into mining for Denarius with the long term game in mind because it may turn out to be the best option.
The first step to mining Denarius is to get a Denarius Wallet. In order to get the coins, you need to first have the wallet to store them in. You can get a downloadable wallet for your computer and it is highly intuitive.
After you have your wallet you need to instal GPU Drivers. First you need to go ahead and determine if you have an AMD or Nvidia Graphics Card. On windows 10 you just need to navigate to the Graphical Output on your computer and you will be able to find it there.
Third you are going to need to find and download at Denarius miner. The type of miner that you need is going to be determined by whether or not you have the Nvidia Card or the AMD Card. You need a different miner for each one The miner that is made specifically for the Nvidia Card is called the CCminer. However for the AMD cards you will need the SGminer.
Next select a Denarius mining pool. Currently, there are 6 different mining pools on the market. Find one and then you need to download your mining software. Make sure that you follow all directions and set it up properly. After you have completed these steps you are all ready to mine! While mining make sure to check your temperature and optimize your GPU for Denarius.
Once you have started mining Denarius, it is cool to check up on how your coins are doing and where you can trade or use them. There are plenty of websites out there that you can do this on All in all, Denarius seems like a great bet for the long term game of cryptocurrencies. There is a good chance, if you invest now, these coins will be increasing in value of the next while.
Good luck mining everyone!