How to mine Signatum (SIGT)
What is Signatum (SIGT)?
This is a coin that all reminds us of the good days of mining, when there was no premine, ICOs or major bounties involved, giving people or companies an unfair advantage. This coin gets back to the basic and removes all of that. This is 100% a GPU mining coin based on a completely new algorithm. Personally I have been hoping a coin like this would hit the market again, as it has been a while since we have seen this. It is PoW for the first 100,000 blocks, after which it will switch over to full PoS. This should take approximately 100 days.
What is the Signatum Algorithm based on?
Signatum (SIGT) is based on four different algorithms; Skein, Cubehash, Fugue and Gost. The new algorithm is named SkunkHash Raptor and is fairly intense.
The reward structure is quite intense. I managed to solo-mine the first our and get at least 10 blocked completed in that time. We are still only at block 1855, so there is plenty of time left still to get a good payout – although at this point, pool mining is probably better than solo mining. Block reward structure is highlighted here below.
Where can I trade or buy Signatum from?
Signatum is now officially available for trading, currently trading at just $0.025 per SIGT – 940sat.
Blocks 0-30,000: 2500 Coins
Blocks 30,001-60,000: 1250 Coins
Blocks 60,001-100,000: 625 Coins
What is the maximum coin supply?
137,500,000 – a reasonable figure, especially taking into account Ether is valued at $200 currently with 93 million coins.
How to Signatum (SIGT) thrugh a mining pool with GPUs (AMD and Nvidia)
Let us first focus on how to pool mine Signatum (SIGT) with GPUs. I will not be focusing on CPU mining as I think it is already too late given the difficulty level. Follow the step by step guide below to get started mining Signatum through a mining pool with your GPU(s).
1. Install your GPU drivers
I assume you did that, if not see my guide here on how to identity your GPU and get the right drivers here.
2. Download the Signatum Wallet
The wallet is where you store your coins that you mine. You need this so that you can send your mined coins from the pool to your wallet later (it is not important for now. Let us first focus on getting you mining Signatum).
Download the windows wallet here (there is currently no mac wallet): https://github.com/signatumd/releases/blob/master/signatum-qt.zip
Go ahead and extract this to somewhere convenient for you.
To receive coins, you need to know where to find your wallet address (it is not essential for pool mining on the pool that I will be recommending in this guide, but it is good to know nevertheless!). In the client, click the highlighted Receive area(as seen on the screenshot below). Simply right click your Address and copy it – you can now use it for trading later.
3. Download your mining software
For Signatum you can use the same miner for both Nvidia and AMD, although if you have a mining rig that has both cards in it, you need two instances of the same one running (more on that later, for now the focus is on each card so you will not get confused).
Download the SGminer for Signatum (SIGT) here : https://github.com/signatumd/releases/raw/master/sigt-miner.zip
4. Select a Signatum mining pool
There are already three different mining pools available for Signatum, but I do recommend you take the one with the highest hashrate for now, and also it is the one I will be basing this guide on, so for simplicity sake, it is easier if you follow my recommendation. If you are more advanced, you can pick any mining pool you prefer. The recommended mining pool also only charges you 0.99% in mining fee, which is quite low – so you will be maximizing your mining profitability.
I recommend you use https://pool.mn/sigt/
All available pools can be found at the bottom of the guide.
5. Create a profile and worker on the mining pool
Go to the recommended mining pool site https://pool.mn/sigt/ and proceed to create a new user. You find this in the top right corner of the site. Click and then press Sign Up.
Once you have created a new user, proceed to find the highlighted area on the site below.
Create a new worker. Worker name will be the username is the file we create later (next step, do not worry yet, it is easy) and the Worker Password is the Password in that file too. Make sure the two are not the same, but call them something convenient for you. You don`t need to remember them, you can always come back to this section to see the password and username again at a later time if you need it.
If you do have multiple mining rigs, it may make sense to have multiple workers, simply because it is easier to monitor if one of them is not performing as expected or if one of them crashes, but it isn’t a requirement, you can mine into the same worker from multiple mining rigs should you prefer.
6. Set up your SGminer software for Signatum (SIGT)
You will need to follow this step by step guide. The bat file is a file that executes and runs your mining software for you with some predefined settings. This directs you towards the mining pool that you will be part of and the account the mining will go into. So do make sure you follow this precisely!
1. Find the location on your HardDrive where you have extracted your Mining software to. Go ahead and right click inside that folder (anywhere with white space) and then click on Text Document, name this “SignatumMiner” for now.
2. Open this newly created document, and insert the code here below:
setx GPU_MAX_ALLOC_PERCENT 100
sgminer -k skunkhash -o stratum+tcp://sigt.pool.mn:8732 -u YOURLOGIN.YOUR_WORKERS_USERNAME -p INSERT_YOUR_PASSWORD -I 20
You may need to adjust the GPU_MAX_ALLOC_PERCENT – per default it was 70, but my cards (both GTX 1080 and Rx 480 8gb) handled 100 percent just fine.
The “-I” is to define the intensity. For my cards I had the most success with the setting -I 20, but for lower end cards you may need to lower this. If your miner is crashing, lower it. GTX1080ti I saw someone successfully managed to push -I to 23 and get 28 mh/s hashrate.
-u stands for username
-p stands for password
3. Go ahead and change YOURLOGIN to the username you created to login to the mining-pool website with.
4. YOUR_WOIRKERS_USERNAME is the username you created for your worker on the mining pool website.
5. The PASSWORD is the password that you created for the worker on the mining pool’s website. Go ahead and replace that as well.
6. Click File and “Save as…” make sure you change the file type setting to “All Files” and then name the file SignatumMiner.bat
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7. You are now ready to start mining!
Simply double click the bat file SignatumMiner.bat you created and you should start to see it mining – it will be accepting shares.
8. Wait! I have both AMD and Nvidia in the same system, how do I mine with both of them?
I am glad you asked. This is actually simpler than you may think. In my rig I have my AMD cards on a different setting than my Nvidia cards, and all I had to do was add an additional line into my mining software’s batfile: –gpu-platform 1 (this is for my AMD cards). However, the number you insert here, may be different for you, it may be 0, 1 or 2. The easiest way to find out is trial and error. Make sure you have two bat files and that you have a different number in each.
This therefore means you need to have 2 bat files. One bat is for your AMD card(s) and the other bat file is for your Nvidia card(s). Once you have tested and made sure you selected the right –gpu-platform for each bat file go ahead and open both of them up and you should now be mining on both your AMD and Nvidia card(s). You can use the same worker you created earlier on the mining pool, there is no need to have a dedicated worker for each.
— Cryptovore (@CryptovoreCOM) July 19, 2017
HOW TO SOLO MINE SIGNATUM (SIGT)
1. Create your config file for the miner
Solo mining may still be doable. Obviously the more cards you have the easier and better this is. Follow this guide here on how to get started solo mining Signatum (SIGT) successfully.
1. First create a config file for your mining software. You do this by finding the location of the synced files of Signatum. These are located in C > Users > Your name username > AppData > Roaming > Signatum
2. Right click in the folder, find New and click Text Document.
3. Open your newly created text document and add the following to it:
Make sure that the username and password are not the same. They should be different, for instance username could be bob and password could be bob1.
Click File and “Save As…”.
2. Create the bat file for the miner
Go ahead and create a new text file in the same location where you have your mining software (the exact same folder). Then add the following code to it:
setx GPU_MAX_ALLOC_PERCENT 100
sgminer -k skunkhash -o http://127.0.0.1:3333 -u USERNAME -p PASSWORD -I 20
Replace USERNAME with the username you added in the config file before. These must be the same.
Replace PASSWORD with the password you added in the config file before. These must be the same.
Click File and “Save as…”. Save this file as mineSolo.bat and change the “File Type” to “All Files”. Then save.
3. You are now ready to mine!
Congratulations! You are now ready to start solo mining Signatum (SIGTs)! It may take a long time before you find a block so do not worry if you are not seeing anything coming in for a long time. The software will tell you when you have successfully found a block. I have added a screenshot below so you can see how it looks when it is successfully looking for shares.
Hold on! I have Nvidia, I heard that there is a new update out?
As of today CCminer officially supports the new Skunkhash algorithm, giving you an increase in hashing power if you hold an Nvidia beast.
It is just as simple as the previous mining software I ran you through before, so let’s not get too technical. Follow the guide above and simply just make sure your .bat file is correct. As per follows
Download Nvidia Mining software here: https://hashbag.cc/ccminer-2.2-skunk.zip
This is my bat file:
setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100
ccminer-x64 -a skunk -o stratum+tcp://sigt.pool.mn:8732 -u MININGpoolLOGIN.WorkerName -p PASSWORD -i 20
All available mining pools for Signatum (SIGT)