A Guide To Mine Firo (FIRO) With FiroPoW

Published on: 23.10.2021

Firo is proud to announce the release of Firo v0.14.9.0 that will enable FiroPoW and Instant Send. This is a mandatory update that will come into force on mainnet on October 26th, 6:00 UTC so you must update your wallet and nodes to v0.14.9.0 prior to this date for a seamless transition.

FiroPoW is Firo’s new mining algorithm that will replace Firo’s current mining algorithm: MTP (Merkle Tree Proof). It is highly optimized for GPU mining and designed to be both FPGA and ASIC resistant to even the playing field and allow people to mine from their own consumer hardware. We have always been big fans of Proof of Work’s ability to tie the value of a virtual currency to the real world along with a way to distribute Firo’s supply in a fair and decentralized manner free from restrictions.

FiroPoW follows ProgPoW’s 0.9.4 spec with a small change to have the algorithm randomly change with every block. The starting DAG size will be slightly over 4GB and will increase by 8MB every 1300 blocks (~4.5 days). This DAG size has been chosen to support most modern graphics cards.

Instant Send allows transactions to be safely considered final within seconds even without waiting for block confirmation. Combined with ChainLocks technology which makes blocks final with a single confirmation, it allows Firo to be used as a currency for even real life transactions. Both these technologies utilize Firo’s masternode network’s quorums.

HERE’S HOW TO MINE FIRO WITH FiroPoW

Firo is designed to be mined by GPUs. The FiroPoW mining algorithm (a modified version of ProgPoW 0.9.4) is designed to utilize all parts of a GPU and includes a random sequence that changes every block to add further ASIC and FPGA resistance.

Step 1: Getting your Miners

Warning: Miners are listed here for convenience. Non-official miners have not been vetted. Use at your own risk. All fees are to the developers of the miners.

Step 2: Registering with a Pool (if not solo mining)

Step 3: Configuring your Miner

ABOUT FIRO
Firo is a digital currency with a focus on setting privacy standards.

RESOURCES
Firo Guide

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