Minerstat: Cryptocurrency Mining Monitoring And Management?

2018-10-26 11:47

What Is Minerstat?

Minerstat is software that makes it possible for crypto miners to manage and monitor their operations from anywhere. There is no limit to the size of the mining operations. It offers two rigs free for miners that want to try it out first. The software is designed to handle large number of rigs and gives the miner total control of the operations.

It also works as faster than other mining methods. Minerstat is ideal for miners with one or more rigs. The application gives alerts when the temperatures go too high, when the rigs are online or go offline, and when the rates and efficiency drop. It is easy for a miner to monitor their mining activities. Besides, mining managers who want to monitor mining activities of their customers can use it.

The application enables miners to switch easily from different operating systems like windows, Linux and mining OS. A switch function helps fast and easy switch from one mining address to another. A miner can switch from one coin to another with the profit switch function and monitor balances in their wallets or pools.

How Minerstat Crypto Mining Monitoring And Management Works

A miner must have basic knowledge on how to mine in pools, generate wallets, and change configurations. They have to register by entering and confirming an email address. There are different options in the software. To use GPU rigs, a user has to use the windows OS or the Linux OS, which is bootable. If a miner chooses to use ASIC, they have to choose the device that will connect ASIC and the Minerstat dashboard. The options are MAC, Linux, Windows, and Raspberry Pi.

Minerstat Dashboard

The dashboard collects data from all the mining machines. It has a custom setting that helps in miner switching and rebooting of hardware. The screen that appears first shows all information for mining. It lists the six crypto coins chosen and their values. It also gives the information on the hash rates, the list, and number of workers and coins they are mining and the expected earnings per week or monthly.

Minerstat has customized alerts and triggers, which are checked once a minute to be sure to send an alert out on time. The alerts are six different types and can be sent out in three different ways. An alert is sent out when the GPU temperature exceeds the settings, when a worker goes offline, and when they get back online; when the ASIC hardware encounters errors, and when the hashrate and a worker’s efficiency drops. Alerts are sent out through email, telegram and the mobile app.

Minerstat Triggers

Triggers are activated on six events with five different responses. A trigger can be launched if ASIC temperatures are high, and if the hashrate drops. The hashrate is compared to the last sixty mines average hashrate. A trigger can be activated if the efficiency rate drops than 90%, when a full hour is done, when a rig is unresponsive, or has been idle for an period of alternating five minutes; when the system restarts or the machine reboots or shuts down.

Minerstat allows two types of users for mining managers: team members and customers. Team members can be invited via an email or have the manager open accounts for them through emails.

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