How to Mine Dero (DERO): Complete Beginner’s Guide
What is DERO?
The World’s Fastest Anonymous Blockchain
Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.
Dero is one of the very few blockchains built from scratch!
The Dero Project has written a unique new blockchain technology that is based on the Dag and CryptoNote protocol with double spend protection. Dero’s goal is to create a unique state of the art blockchain technology with enhanced reliability, privacy, security, usability, and portability by bringing together some of the best proven technologies like the CryptoNote protocol and smart contracts, thereby allowing for the creation of truly private smart contracts.
The Dero development team has implemented complete SSL across the Dero network which is a first on any blockchain. This encrypts the entirety of our network traffic, which greatly reduces our attack surface, while simultaneously preventing ISPs or other users from analyzing Dero’s network traffic.
About Dero
An initial premine of 2 000 000 Dero was established on network launch, which is not currently part of the circulating supply. This premine will be used to finance development and marketing. The network migrated to the innovative new Dero Atlantis blockchain on June 27th, 2018 as well as implementing a brand-new type of blockchain DAG. The block height was 95550. DERO switched to a new mining algorithm AstroBWT on Mar 6th 2020 giving DERO a 27 second block time with a 4.5 minute confirmation time. Approximately 3200 main blocks are emitted each day.
Proof-of-work (PoW) algorithm: AstroBWT
Max supply: 18.4 million followed by an infinite emission rate of ~157,000 DERO/year
Block reward: Smoothly varying
Difficulty: Retargets at every block
Ticker: DERO
Dero Network Specifications
27 Second Blocktime
4.5 Minute Confirmation Time
DAG Blockchain
No Orphan Blocks
No Soft Forks
SSL/TLS P2P Network
CryptoNote: Fully Encrypted Blockchain
Bulletproofs NIZK
Ring Signatures
Fully Auditable Supply
Written from Scratch in Golang
1.25 MB Block Size
Now that we know the details about Dero, let’s get to mining some DERO!
Dero (DERO) Mining:
Those who have no idea about mining can easily start mining by watching this video.
Dero (DERO) Mining Pool: https://dero.herominers.com
SRBminer-Multi v0.8.1+ (Windows, Linux, CPU, AMD)
Method 1: Run guided_setup.bat file and answer questions:
Configuration name: dero-herominers
Do you want to use multi algorithm mining? n or y (optional)
Enter algorithm 0 name: astrobwt
Address and port of mining pool: de.dero.herominers.com:1117
Wallet address: YOUR_DERO_WALLET_ADDRESS
Password: YOUR_WORKER_NAME
Do you want to enable logging? n or y (optional)Method 2: Open start-mining-dero.bat file and copy / paste example below.
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
clsSRBMiner-MULTI.exe --disable-gpu --algorithm astrobwt --pool de.dero.herominers.com:1117 --wallet YOUR_DERO_WALLET_ADDRESS --password YOUR_WORKER_NAME
pause
XMRig v6.15.2+ (Windows, Linux, CPU, AMD, NVIDIA)
Create dero-herominers.cmd file and copy / paste example below.
@echo off
xmrig.exe --donate-level 1 -o de.dero.herominers.com:1117 -u YOUR_DERO_WALLET_ADDRESS -p YOUR_WORKER_NAME -a astrobwt -k
pauseAdd — opencl or — cuda flags to try CPU + GPU mining.
XMRigCC v2.9.6+ (Windows, Linux, CPU)
Create dero-herominers.cmd file and copy / paste example below.
@echo off
xmrigDaemon.exe --donate-level 1 -o de.dero.herominers.com:1117 -u YOUR_DERO_WALLET_ADDRESS -p YOUR_WORKER_NAME -a astrobwt -k
pause
