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How to mine Raptoreum (RTM) on Akash Network

AkashMiningRTM

Why use Akash?

Welcome Raptoreum miners! Akash is a decentralized marketplace of compute with thousands of CPU's ready for small and large deployments. Raptoreum mining can be deployed on the network successfully using this guide. Akash is a part of the Cosmos ecosystem of blockchains.

Windows/Linux/Mac Users

  1. Install Keplr wallet as a browser plugin
  2. Open Akash Console and import your AKT wallet address from Keplr.
  3. Fund your wallet

For additional help we recommend you follow our full deployment guide in parallel with this guide.

How does this work?

Akash uses its blockchain to manage your container deployment and accounting. To deploy on Akash you will need to fund your wallet with at least 10 AKT (~$20) Each time you create a deployment, 5 AKT will be used for escrow and to fund the deployment. If the deployment is cancelled the balance of the escrow is returned to you. You can spin up deployments without worrying about any long term contracts and you can cancel anytime.

Default wallet

Akash uses Keplr as the desktop wallet. Advanced users can follow the CLI instructions

Quickest way to get more AKT

To fund your deployment you will need AKT in your account. The fastest way to do that is as follows:

Buy on an Exchange

  1. Install Keplr
  2. Buy AKT on an exchange
  3. Withdraw your AKT to your Keplr wallet.

Swap from ATOM to AKT

  1. Install Keplr
  2. Send 10 ATOM to your new Cosmos wallet address inside Keplr (this address will start with cosmos)
  3. Goto Osmosis Assets > next to Cosmos Hub - ATOM click on Deposit This step deposits ATOM from your Keplr wallet onto the Osmosis platform.
  4. Now go back to Osmosis Homepage and select ATOM > AKT to complete the swap This step swaps your ATOM you deposited onto the Osmosis platform into any other supported coin.
  5. Return to the Osmosis Assets page to withdraw your AKT to your Keplr wallet This step withdraws AKT from the Osmosis platform back into your Keplr wallet. You can now send AKT to Akash Console.

Have more questions? Find our team in Discord and Telegram

Deploying on Akash

Once you have setup your Keplr wallet and imported the address to Akash Console you are ready to create your first deployment. Follow the instructions in Akash Console to create a certificate, then click on Create Deployment

When prompted to Choose Template select Empty as we will copy-and-paste the deploy.yaml file from this repository. Choose Empty for the template and paste the deploy.yaml file from this repository adjusting your wallet address and pool variables.

---
version: "2.0"

services:
  raptoreum:
    image: cryptoandcoffee/cpu-akash-cpuminer-gr-avx2:2
    expose:
      - port: 4048
        as: 80
        proto: tcp
        to:
          - global: true
    env:
      - "ADDRESS=RMB251ZucvCNyX1yoQqsSC2wwJ3s7fHx3b"
      - "POOL=suprnova" #You can enter custom pool here, otherwise suprnova nearest location will be used
      - "WORKER=akash"
      - "TUNE=no-tune"
      - "DONATION=0"
profiles:
  compute:
    raptoreum:
      resources:
        cpu:
          units: 1.0
        memory:
          size: 256Mi
        storage:
          size: 128Mi
  placement:
    akash:
      pricing:
        raptoreum:
          denom: uakt
          amount: 2

deployment:
  raptoreum:
    akash:
      profile: raptoreum
      count: 1

Choosing a provider

Akash is a marketplace of compute. Providers set their own prices for compute resources. We recommend you try different providers and check your logs after deployment to determine the hashrate.

Akash Console Bids

Not getting any bids?

Akash providers bid in real-time on your deployment. If the default of amount: 2 UAKT is not producing any bids, consider adjusting it to something higher like amount: 10 to get new bids from providers.

How to speed up mining?

Change the tuning option

TUNE=no-tune variable in deploy.yaml to TUNE=full-tune

No tune will start mining right away - with no performance tuning of the container. Without this expect a lower hashrate. Be warned, tuning can take at least 3 hours before mining begins - so do not expect to see hashrate on the pool immediately. You can always check your logs in Akash Console.

Increase the deployment size on Akash

You can deploy more CPU or more replicas to mine faster.

cpu:
  units: 1.0 # Max cpu units is 10

Or increase the replica count from count: 1 to count: 2.

deployment:
  raptoreum:
    akash:
      profile: raptoreum
      count: 1 # Multiplier for cpu:units

Check your profitability

After your deployment has finished tuning or is displaying results on the pool you can check your profitability by inputing your hashrate from the log file.

Minerstat profitability calculator

What is the best pool? Where do I solo mine?

We recommend you check MiningPoolStats for the most up-to-date list of mining pools.

Mining Pool Stats