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Verium Mining

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The days of needing specialized computing hardware and sophisticated know-how to mine digital currency are over. Anyone can easily mine Verium. Just download the Verium Vault software to any computer, click mine and starting earning Verium, the digital gold that backs the digital currency VeriCoin. Verium is one of the few digital currencies that can not be mined by specialized GPUs and ASICs.By making it easy for anyone and everyone to mine Verium the project has created a more decentralized system.

Power Based Rewards

As mining power increases the reward slowly decreases, this mechanism makes the reserve commodity supply curve drop based on increased demand and can drive a value increase over time and increased usage.


The overall network can be viewed in the Live Global Mining Statistics.

The network difficulty evolution is displayed here.

Miner command options

The mining command options differ a bit depending on the actual software and setup you use, but this sample should give an overview:

 cpuminer -o stratum+tcp:// -u VEXMki29ycW5vSt3MmdM5iwHqsHux91EMr.Guide -p GuidePwd     -1 4
          \       Pool URL or Solo Wallet IP       / \             Pool User Name              / \ PoolPwd / \ #threads /

Details for pool miners or solo miners.

Further options

  • CPU specific
 --cpu-priority 4 --cpu-affinity 0x0000F0
  • API
 -b 4049 --api-bind

Mining Software Guides

Source Code

The first mining software especially designed for Verium was provided by Douglas Pike aka effectstocause, one of the creators of this project.

Based on effectstocauses original miner fireworm has created an update which includes several optimizations especially for Linux (memory) and ARMv8 CPUs.

cpuminer, cpuminer-opt can be used as well.


Mac OS



Solo vs. Pool Mining


Solo mining is not for everyone but with a little patience and determination even low hash rates can render results. If you have over 15Kh/m and don't mind waiting for your rewards, there are several advantages.

  • Zero downtime - You are directly connected to the blockchain
  • Zero pool fees - Typically about 1%
  • Zero withdrawal fees
  • Zero trust in a third party
  • zero dependency on pool availability
  • All transaction fees per block!

Step 1: Setup your Wallet

Once you have your verium wallet installed, you must edit your verium.conf file. The following example assumes your local network is and your wallet has an IP address of You will need to keep your 'rpcuser' and 'rpcassword' when you point your miner to your wallet.


The verium.conf can be found in the following locations:









(The folder is hidden so you must put the "." in the path)

Step 2: Point your miner to your wallet

Once you have you wallet setup. You can start pointing your miners to mine direct.

For windows:

cpuminer.exe -o -O solouser:s0l0pass

For *NIX:

./cpuminer -o -O solouser:s0l0pass



NEW: Detailed overview of all pools.

The following mining pools are available. Please look at their "Getting started" pages:

 cpuminer -o stratum+tcp:// -u VEXMki29ycW5vSt3MmdM5iwHqsHux91EMr.Guide -p GuidePwd   -t x -1 y
          \   Pool URL incl. port for difficulty ^ / \             Pool User Name    + Worker ^/ \ PoolPwd / \ #threads /
 cpuminer -o stratum+tcp:// -u Weblogin.WorkerName -p WorkerPassword
          \   Pool URL   incl. diif.-port  ^ / \ Pool User+ Worker  / \    PoolPwd    / 
  1. Register for an account
  2. Login and create a worker for each miner you control
  3. Download your miner e.g. cpuminer-opt or verium miner
  4. Configure your miner for Poolium
Poolium Settings:
For cpuminer-opt...
./cpuminer-opt -a scrypt:1048576 -o stratum+tcp:// -u Weblogin.WorkerName -p WorkerPassword
Or for verium miner...
./cpuminer -o stratum+tcp:// -u Weblogin.WorkerName -p WorkerPassword
Weblogin is your registered username from Step 1.
Workername and WorkerPassword are the values you set when you created your worker in Step 2.
'Note:' These command lines are for Linux. If you are using Windows, replace the "./" with the path to your .exe file.

How to set up a Verium Mining Pool.

Reminder: when solomining there is zero downtime, zero pool fees, zero withdrawal fees, zero trust, zero dependency, plus all transaction fees per block!

Fee efficient payout is 20 VRM (which will cost 0.2 fee).

Pool FAQs



See a comparison of hashrates across a variety of processors!

Help us out by adding your hashrate to the growing database!

A hashrate profitability calculator:

  1. Please make your own copy of this spreadsheet by selecting "File > Make Copy"
  2. Make changes locally by entering your data into the green fields (the spreadsheet has been locked except for green cells to ensure continued functionality)

Hardware Buying Guide

If you are planning on purchasing hardware for VRM mining there are 4 main routes you can take. The fasted ROI can be had from used server hardware; the best long term profitability comes from used laptops and SBC’s.

  1. Used Server Hardware
  2. Used Laptops
  3. Single Board Computers (SBC)
  4. Desktops

The below table outlines the basic pros and cons of each build type:

Power Usage Upfront Cost Maintenance Burden Hashrate
Used Server High-Low Low-High Low High
Used Laptop Low Low Medium Low/Medium
SBC Low High High Low
Desktop Medium Medium Low Medium

Complete Hardware Buying Guide

Maintenance & Monitoring

A web-based miner monitor was initially contributed

  • here by birty and there is an
  • extended version here done by DerrickE as well as
  • another one here by wienerdog.
  • Updated frontend version forked from DerrickE's by ChiefThunderCunt here
  • is interesting. Needs some set-up and shuffling of binaries but it also allows control of miner (at least start/stop) from any web browser. I have played around with it some. Very spiff. Not $cheap. Low system resource use.
  • Minera can be set up for custom local-miner and also can monitor miners on your LAN by RPC. ad-supported $free. I have played with it, some. Spiff. Easy install and set-up. Requires node.js and all the system overhead that comes with it. Right now Minera does not appear to work with Fireworm's cpuminer port.

You can also check your miners if you run your wallet on linux by executing:

 Netstat | grep :33987 

in a terminal. If they are connecting means they are working.



Mac OS