Have you been wondering, How to Start Mining Quarkcoins?
New Release - Version 2.0 – CPU Mining Software
Lately, I’ve been trying to earn some money by mining the Bitcoin alternatives, Quarkcoin. After spending the entirety of last week attempting to get free money, I may have succeeded, to an extent. This introductory article covers how I got started mining cryptocoins and which coin provides the best returns on investment, for beginners. It’s shockingly easy.
If you know nothing about Bitcoins and virtual currencies then here’s a short primer: Bitcoin is an uncollateralized digital cryptocurrency subject
entirely to the market forces of supply and demand. As long as individuals demand it, it will possess value, although that value will fluctuate wildly. It establishes ownership through a peer-to-peer network, which keeps track of who owns what, known as a “Blockchain”.
For those of you not familiar with the mining process, here’s a simple explanation of how it works: All cryptographic coin networks structure themselves around blocks, which contain hashes. A hash is an encrypted chunk of information that, when successfully solved, or decrypted, awards the cracker a number of coins – the exact amount varies by the type of cryptocurrency. The network registers coin ownership through the Blockchain, which records all transactions on the network.
. You can then trade these coins for other currencies or goods. Check out Cryptsy exchange, if you want to get in to Alt-coin Trading. On the downside, Bitcoin alternatives are not universally accepted at all exchanges, so mining an unpopular currency may simply waste your time and money.
For those of you willing to take a risk, continue reading, at the end if you just want to start Earning $$ or Quarkcoins Follow these Steps
Just tell me How to Start Mining Quarkcoins Already!
1.)Download Quark wallet.
Direct Link for: Windows
Direct Link for: Mac OS X
2.)Install Quark Wallet
Then Click – Receive. Then Copy Address.
If you have Antivirus it will be pickup and auto removed before you can click on it to open, all Bitcoin Miner Software is Picked up as Virus. The Reason being is they are used by Botnet’s a lot to get Coins from Zombie Computers. Since you are bitcoin Mining you will need , Disable your Antivirus for like 15 minutes and add c:\Quark to your Exclude from Scan’s. If you want to Verify it’s not a virus download the Zip Version of Simple Quark GUI Miner or look at the Code, it was Built with AutoIT. I also recommend SandBoxie if you are trying out software and are unsure if it’s save or not.
How to Exclude a Folder Depending on your Antivirus Software. ( Exclude Folder c:\Quark)
If you have another AV, just search google “exclude a file or a folder from scan (name of Antivirus)”
4.)Download Quark GUI Miner
New Release – version 2.0 – 64bit – CPU Mining Software
The correct version for your computer. Which do i need, 32bit or 64bit – how to tell?
Quark GUI Miner – 64bit – Version 1.2 – Windows Vista/7/8 /Server Edition all versions
Older EXE Verison – will Install in C:\Quark and Autostartup with Windows,
Older Zip Version – You will need to Extract to C:\Quark and add to startup folder if you want
Quark GUI Miner – 32bit - Version 1.2 – Windows Vista/7/8/Server Edition 2008 and higher
EXE Verison – Will install in C:\Quark and Autostartup with Windows.
Zip Version – You will need to Extract to C:\Quark and add to startup folder if you want.
*For XP and other older version’s of Windows – Have had no luck getting a Quark Miner working if you have please post in the comments other wise I recommend this Java based Bitcoin Miner, a bit of a pain to setup and will not run in background but should do the trick.
5.)Install & Open Quark GUI Miner
It will Install to Folder c:\Quark if you change it make sure your change the Settings Tab to point to Minerd in the new folder.
6.)Insert your Payout Address
Right Click, Paste Replace the current Address with your address you Copied in Step 2.
Save and Start Process, and Exit, it will run Process in background.
Check it’s working by viewing Task manager it should go to 100%.
8.) Get Paid!
Within 4 Hour you should start getting QuarkCoins, you can monitor status here.
If you want to Stop the Process or Program.
Go to c:\quark\SWIsetup.exe and click End Process. Or open Task Manager Ctrl+Shift+Esc and close Minerd.exe and ProcesSWI.exe
More Computers more Quarks!
You can do this same thing on as many computers as you want the more computers you install it on the more Quarkcoins you will get.
If you enjoyed my Guide send me a Quark or two, Now you know How to Start Mining Quarkcoins!
Please As any Questions I will be more than happy to try to answer them!
What is a Quark?
Quarks are a form of online payment system but in a decentralised monetary system. Quarks to Friends, Family Members & Online Payments. Free of charges and chargebacks. Military Grade Encryption. No Bank or Government Control. Quark Coins are based on the original idea of Bitcoin but improved, more secure, with improvements to design and security. There is also a greater coin supply with higher block rewards for miners.
- Super secure hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein). 3 rounds apply a random hashing function.
- CPU mining
- Quick block generation: 30 seconds
- 2048 QRK per block (halving every 60480 blocks ~ 3 weeks)
- Block reward will never drop below 1 QRK (i.e. ~0.5% p.a. inflation)
- Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)
- Difficulty retargets every 20 blocks (maximum 10% up or 50% down)
What is Quark Mining?
If you’re new to crypto currencies, mining is the process by which Quark coins are released or minted into existence. To mine Quarkcoin, special software is used by your computer to solve complex algorithms or blocks. To reward your PC for solving these problems, the Quarkcoin network rewards miners coins. As more and more coins are released, the blocks increase in difficulty.
The genius behind this, is that these miners are what build the infrastructure of the Quarkcoin payment & transaction system. Because miners verify transactions, their job is critical to keeping the network stable, safe, and secure.
Quarkcoin is different from Bitcion and many other alt-coins because there is no cap on the total supply of coins issued. After the issuance of 247 million coins, 1 million coins will continue to be released every year through mining. This will guarantee and ensure the Quark infrastructure continues to function.
How to get $1,000,000 USD if everything goes really, really good, with Quarkcoin!
The Math I wanted to put in the Video but was not prepared.
Right now with about 9 computers, which are my Personal, friends and Office Computers i am Mining 50 Quarks per 24 Hour Period.
Right now (12/17/13) Quarkcoins are worth USD $0.10 Per x 50 Quarks that gives me $5.00 per Day in Profit, considering i’d leave these computers on anyway, that makes about $1825 Total Earned Per Year if Quarks does not go up at all. Here is were the math gets fun. Lets say for the first $1000 or 7 month the price of Quarks stay around $0.10, and then after about 1 year it becomes $1.00 it will have over $10,000 in USD for not doing anything but run a program in the background. If I get very lucky and it goes the way bitcoin did and goes to USD $1,000 Per Quark Coin I would have $1,000,000 USD for just running a program in the background. Another way to do this would be Invest $1,000 in Quarkcoin now and hope it will go up now but i would rather invest some time and if the price goes to $0.01 I have lost no money just a little time! I know it’s a long shot but many people never thought bitcoin would go to $1000, so my point is anything is possible.
Other Great Sites to Checkout
http://www.qrkcoin.info/ – What is my Quarkcoins Worth Right Now in USD?
http://iwantcoins.myvnc.com:8332/static/ – See Status of the Quarkscoins you are mining.
Cryptsy exchange – if you want to get in to Alt-coin Trading.
If you want to Tip or Donation:
All Tips & Donation goes towards improving the software!
1.) Copy Donate Address:
2.) Send Coins:
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