Mine Monero with xmrig on Akash

This project's goal is to use xmrig on Akash. Akash is a crypto project that allows data centers the ability to rent underutilized compute capacity in the form of a decentralized kubernetes service akin to AWS, Azure, etc.

XMRig [ XMRig ] is high performance crypto mining platform for Monero. This is particularly challenging to work with cloud infrastructure as it can require extensive CPU / memory resources.

Buy me a coffee to keep the work going

akash:	akash1k07dv0wcjej4e4a5z9dg3c6yvvf9mcnz0sacp9
monero:	88z2xaJaRPVc5VXtE3CArxeAkqSQV8aA4EhswR8pqfY3CghQfaD7nYsLvmcnXuHj1TYDeJaGvyyyW9XyX6ka7BLzQ7ypmqJ

Getting started

First, get some $AKT tokens. CoinGecko has a list of exchanges. I have personally used Gate.io . Although AscendX (Bitmax) appears to have much more volume. Additional exchanges are in the works from what I understand. You will need at least 5 for escrow.

Setup Akash environment.

• [Official Akash documemtation] https://docs.akash.network/guides/deploy
• [Best Getting started link] https://github.com/tombeynon/akash-deploy

Status and profitability

potential profit

After some tweaking, this deployment was able to obtain 3200H/S. According to Monero mining calculators, this should result in about 0.03 XMR ( ~ $13 ) for a single deployment.

Cost of operations

This sample deployment was accepted at 11uAKT per block. At the average cost of a block every 6.5 seconds, this results in a cost of:

seconds/month  = 3600×24×30   = 2592000
blocks / month = 2592000 / 6.5 = 398769
uAKT / month    = 398769 * 11 = 4386459
== 4.07 AKT  (or ~ $22.00 / month)

At this point, this is not profitable. However with additional tweaking this may be in the future.

Deploying this on Akash --

• This assumes that you have installed akash in $HOME/bin/akash
• Read through MAKEFILE-README.md ( Note this was liberally copied from https://github.com/tombeynon/akash-deploy. Thanks for the excellent guide!
• Broadly speaking you will need to:

update config.yml

Update env: USER with your XMRIG username (Your monero address) update URL with the mining pool of your choice.

Create an akash address

make address
echo "export AKASH_ADDRESS=**address** " >> env.sh

** Fund AKASH_ADDRESS with at least 5 AKT ** create a deployment (you can use deploy.yml) as an example

# Need to do this once
make create_certificate

make create_deployment
make list_bid

accept a bid

make create_lease PROVIDER=**provider** DSEQ=**dseq**

push the manifest

make send_manifest PROVIDER=**provider** DSEQ=**dseq**

Read logs

make lease_logs PROVIDER=**provider** DSEQ=**dseq**