What is Mining? uPlexa mining is the process of adding transaction records to the uPlexa private ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. By mining blocks on the uPlexa network, you help power transactions, whilst being rewarded a reward based off of the amount of shares your computer submits overtime.
How Can I Mine? uPlexa's Cryptonight-UPX algorithm has been built in-order to provide higher hashing power than other blockchains for the internet of things (IoT). This allows for all things with processing power and internet access may mine on the uPlexa network, resulting in one of the most decentralized and private blockchains to exist. You are able to mine on your PC, phone, tablets, TV's, TV Boxes, Raspberry Pi's, and more.
First, you will need to create a uPlexa wallet. This is the wallet you will receive UPX (uPlexa coins) to. To create a wallet you may choose from the following options:
The wallet process is pretty straight forward. However, if you get lost, feel free to follow this step by step video guide by "IMineBlocks":
Once you have your wallet all set up, make sure to note your public key, as you will need it in a few moments.
You may download our miner to your android device here. Once you have downloaded and installed the APK file for the UPX Android Miner, simply enter your uPlexa wallet address under the settings page (Starting with UPXxxxxxx) into the field (Replacing the current one). Now, adjust your settings. We recommend a setting of 2–4 threads, or 50% Max CPU Usage. Click "Start" within the application.
You may also watch this video by IMineBlocks for instructions on how to install and run UPX Android Miner:
Congratulations! You're now mining uPlexa on your Android device, powering transactions by others, and being rewarded with UPX coins. You may check your stats under the stats page on the appSource code: https://github.com/uPlexa/upx-android-miner