Table of Contents
Komodo is a privacy-oriented cryptocurrency that combines the anonymity of ZCash with the security of bitcoins. Using a new consensus mechanism developed by the Komodo team, Deferred Proof of Work, Komodo blocks can be notarized using the Bitcoin blockchain. KMD is issued via the Equihash-based PoW protocol, and new block information is inserted into the BTC blockchain by DPoW notary nodes by creating a custom transaction. This system ensures that to “crack” komodo, both chains would have to be rewritten.
Since Komodo uses the Equihash algorithm, it can be mined using CPUs and GPUs. Today we will teach you how to mine both. This tutorial is for Windows and works with the GPU and the CPU (and both)…
In addition, you can also mine other PoW coins through a cloud mining contract with Hashflare or Genesis Mining.
Part 1 – Download and Install Iguana
Step 1: Click here to go to the iguana download page
Step 2: Choose the correct OS and click “Download wallet”
Step 3: Run the newly downloaded installation
Step 4: Choose your language and click “Next
Step 5: Click Next
Step 6: Accept Contract (1) and click “Next” (2)
Step 7: Click Next
The installer will install Iguana.
Step 8: Click “Finish” to close the installation when the installation is complete
Part 2 – Create a new wallet
Step 1: Open Iguana
Step 2: Click “New Wallet
Step 3: Choose “Iguana” as the type of wallet
Step 4: Copy the seed and store it in a safe place. If you lose this seed, your account cannot be restored
Step 5: Insert the seed to make sure you saved it correctly.
Step 6: Press “register”
Step 7: Confirm that you have backed up your wallet by clicking “yes
Part 3 – Choosing a pool for mining
You will also need a mining pool to which you will direct your hashing power. We are going to choose the Supernova pool for this tutorial, but it will work with any Komodo pool.
Part 4 – Creating a pool account
Supernova requires us to register an account to start mining. Other pools may not require you to do this.
Step 1: Click here to go to the Supernova KMD pool
Step 2: Hover the mouse pointer over the top of “Gest
Step 3: A drop-down menu will appear. Click “Register”.
Step 4: Now enter your personal information, agree to the terms and press “register
Step 5: Hover over “Guest” again and click “Authorize
Step 6: Enter your email address and password, then click “Authorize
Now we are going to set our payout address (the one we had at the beginning).
Step 7: Click My Account
Step 8: Then click “Edit Account”
Step 9: In the “Payment address” field, enter your KMD address
Step 10: Click on “My Workers
Step 11: Enter your employee’s name and password and click “Add New Employee
Now that you have a wallet and a pool, it’s time to dig in.
Part 5 – Mining Komodo with your CPU
In the CPU part of this tutorial, we are going to use a branched version of the Nicehash miner. This version works for CPUs and GPUs, but we are going to use the Claymore miner for better results when mining on GPUs.
Step 1: Click here to go to the download page
Step 2: Choose the version that best suits your OS and click on it
Step 3: Extracted the recently downloaded . zip file
Step 4: Now create a new text file
Step 5: Open it and type the following command “nheqminer -l kmd.suprnova.cc:6250 -u account.worker -p x”
We are going to replace “kmd.suprnova.cc:6250” with our correct server. In this case we are using Supernova, so we will leave that. We are also going to replace “account.worker” for our account name and the created vorker, so in our case: “CryptoCompare.Rig1”. Replace “X” with the correct password
Step 6: Click “Save As
Step 7: and save the file as “Start.bat” (1), change the type to “All types” (2), then click “Save” (3)
Step 8: Double-click the new Start.bat file
and that’s it! Now you’re mining on your processor.
You can choose the number of threads the processor uses by adding “-t 6” (6 is the number of threads) to the command. You can also mine with your GPU using this miner, but we are going to use the Claymore miner for better results. You can use both at the same time.
Part 6 – Mining Komodo with a GPU
On the GPU side, we’re going to use the Claymore miner. Claymore has a long-standing reputation as a miner optimizer, and this miner speaks for it. It greatly improves the hashing speed, so we are going to take the time to download and use this miner. The genoil miner only works for pool mining and with AMD graphics cards. This miner charges a developer fee of 2.5%. Each hour the miner mines for the developer for 90 seconds. Nevertheless, the performance improvement is worth the money spent. If you do not agree with dev feem, do not use this miner
Catalyst (Raspberry) 15.12 is required for better performance and compatibility. You may get very poor results for a different driver version, or the miner may fail at startup.
For systems with multiple GPUs, set the virtual memory size in Windows to at least 16 GB:
“Computer properties / Advanced system settings / Performance / Advanced / Virtual memory”.
Step 1: Click here to download the Claymore Zcash Miner, which will also work on KMD
Step 2: Choose a version and download it. The latest version is at the end. Make sure that you have downloaded the correct version of the OS
Step 3: Extract the files from the . zip.
Step 4: Open the “Start.bat” file in Notepad by clicking “Edit
Step 5: Enter the following configuration:
GPU_FORCE_64BIT_PTR 0
GPU_MAX_HEAP_SIZE 100
GPU_USE_SYNC_OBJECTS 1
GPU_MAX_ALLOC_PERCENT 100
GPU_SINGLE_ALLOC_PERCENT 100
ZecMiner64.exe -zpool stratum + tcp: //kmd.suprnova.cc: 6250 -zwal Account.YourWorkerName -zpsw x
Replace “stratum + tcp: //kmd.suprnova.cc: 6250” with your pool server. In our case, the server remains the same. Replace “Account” with your pool account. for us it is “CryptoCompare. Finally, replace “YourWorkerName” with the name you gave your worker. If the vorker has a password, you can also replace “X” with your password.
If you have followed all the steps, you should see something like this:
That’s it! Enjoy your KMD coins, which you can now spend anonymously via Iguana.
