After a little bit of a delay the official launch of the Veil Challenge occurred earlier as we speak and you'll already mine VEIL cash in case you are searching for one thing new and attention-grabbing to maneuver your GPU mining rigs on to. Veil is the primary Zerocoin-based cryptocurrency with always-on privateness because of combining Zerocoin and RingCT applied sciences to offer full-time privateness with out compromise. Veil's blockchain is secured through Proof-of-Work and Proof-of-Stake, although initially solely 50% of the cash (50 VEIL) are going to mining/staking and the remainder is distributed among the many founder, Veil Labs for ongoing analysis and improvement and Veil operations finances, funding operations actions similar to core community and pockets improvement, mission administration, on-line person help, bounties, advertising and marketing and partnerships. You possibly can examine the official Veil Project website for full particulars and extra details about the mission.
The Proof-of- Work algorithm is X16RT, primarily based on the X16R algorithm launched by Ravencoin, however with modifications so it requires a brand new particular miner and such are already obtainable for each AMD and Nvidia GPUs. Miners with Nvidia-based mining rigs can obtain and use the most recent supminer 2.0 that helps X16RT algorithm and AMD miners can go for the most recent WildRig Multi 0.15.0.8 mtp x16rt that has additionally added help for the X16RT algorithm with extra miners in all probability going to observe quickly sufficient with help for the brand new X16RT algorithm. In case you are searching for a mining pool, you possibly can presently go to the https://veil.suprnova.cc/ as the primary pool to help VEIL with others in all probability following quickly as effectively. The pockets presently does appear to have points for some customers, so don't be in a rush to switch your cash from the pool to an area pockets.