Post
Topic
Board Mining (Altcoins)
Re: the Veil Project Mining- Privacy without Compromise
by
r32godzilla
on 28/04/2019, 19:05:20 UTC
This is the hottest coin right now - This project is going to break into the Top100 by the end of the year, mark my words...

As for mining - I'm in the process of setting up my computer to GPU mine - Complete newbie at it, but I want to get in on this mining action while the difficulty is low.

Until I get my own miner though, I'm currently renting rigs on miningrigrentals.com as there are a few rigs mining the x16rt algo.

Not that it's profitable to mine and sell - but technically it is cheaper to get veil this way since the market sell side is thin... Any buy will rocket launch the price.
According to website: "No ICO. No premine. Veil's blockchain is secured via Proof-of-Work and Proof-of-Stake"
This is another privacy coins that will be distributed among users fairly, same like Grin, that´s why people should look about coins that are fairly distributed among users instead of distributed among few whales that can control the whole network.  Smiley

Every coin has whales, people those who have money to invest will buy veil and become a whale.
But it is diffrent when whales buy a lot of coins and will pump the coin, or they get them for free (because they created the cryptocurrency).
Whales are not buying everything, they are very careful with big investments.  Smiley