A Comprehensive Guide to Mining MicroVisionChain (SPACE) on f2pool
Introduction
MicroVisionChain is an innovative public blockchain that leverages UTXO and PoW consensus to achieve high performance, low fees, and decentralization. Its native currency, SPACE, has a limited PoW mining supply of 7,350,000. In this guide, we'll walk you through the process of mining MicroVisionChain (SPACE) on f2pool, one of the leading mining pools in the cryptocurrency space.
Table of Contents
- Understanding MicroVisionChain and SPACE
- Selecting the Right Hardware
- Setting Up Your f2pool Account
- Configuring Your Mining Software
- Starting Your Mining Operation
Understanding MicroVisionChain and SPACE
MicroVisionChain's native cryptocurrency, SPACE, uses the same SHA256d mining algorithm as Bitcoin, allowing miners to use Bitcoin ASICs for mining. You can find detailed SPACE mining information on the official website, block explorer, and our MicroVisionChain page.
Selecting the Right Hardware
When it comes to mining SPACE, it's crucial to choose the appropriate hardware:
✅ SPACE can be efficiently mined using ASIC miners.
❌ GPU cards are not effective for mining SPACE.
❌ CPU mining is not efficient for SPACE.
To find the most profitable SPACE mining machines, check out our miners page.
Setting Up Your f2pool Account
Before you start mining MicroVisionChain (SPACE), you need to create an f2pool account. If you haven't already, click here to register.
During the configuration process, you'll need to set up an account name. You have the flexibility to create multiple sub-accounts to monitor your mining rigs effectively.
Getting and Adding a Payout Address
To receive your mining rewards, you'll need a payout address. You can add or change your payout address in the payout settings.
f2pool distributes mining rewards daily to users who reach the payment threshold (0.5 SPACE). The pool uses a 1% PPLNS payment scheme.
You can obtain a wallet from the resources page or use a wallet from exchanges like MEXC or Bitmart. Always conduct your own due diligence when choosing a wallet provider or exchange.
Configuring Your Mining Software
For configuration, you can use a browser with your computer's IP address or batch management software. You'll need to input the following information into your mining device:
Pool/URL: stratum+tcp://space-na.f2pool.com:5900
User/Worker: account_name.worker_name
Password: Your choice (e.g., 123)
Important Notes:
- Your account_name is provided in your account settings.
- The worker_name is optional, but we recommend using separate worker_names for each mining device for more effective monitoring.
Starting Your Mining Operation
Your machine is now ready to mine! You can manage your account settings and monitor your hashrate, rewards, and more on the dashboard or through our f2pool app.
By following this guide, you should now be well-equipped to start mining MicroVisionChain (SPACE) on f2pool. Happy mining!
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