Wolfcoins Miner – FAQ

What is "Mining"?

You probably heard of bitcoin right? How are bitcoins generated in the first place? The method in which bitcoins are added to the ecosystem is by participants who get rewarded for being part of the community. Each participant gets complex mathematical puzzle equations to solve, and you solve it by using your hardware. So you don't really mine like coal or gold miners do, but your hardware does need to work in order to be part of the ecosystem. Watch this video to learn more.

 

What does it do to my PC?

In order to solve those complex mathematical puzzle equations mentioned above, real strong computation resources are needed. When turning on the Miner, your GPU (Graphics Processing Unit) starts to receive puzzles to solve and it gets rewarded based on how much you participate. Bottom line, when you’re mining, your GPU is actually working although you don't see anything changing on your screen.

 

Can I Mine while I do other stuff on my PC?

Depends on the mining level you choose, you can still allow yourself to keep on casual PC stuff. You shouldn't, however, mine while running heavy software (gaming, image/movie/music editing etc).

 

Can it damage my rig?

Mining is somehow like running a hardcore game, this is why we allow you to configure how much of your PC resources you want to allow access to. Allowing it to run all night, for example, is equivalent to running a game all night (although in mining only your GPU takes part). We’ll do our best to keep your computer as we do with all of Overwolf’s apps but you should know that mining for a long time can accelerate the deterioration of your GPU.

 

What determines how many coins I get?

  1. The better your GPU is, the more equations it can solve and the more coins you'll get.

  2. Although we take care of everything else, the value generated from the mining is mainly determined by the exchange of the coins we mine. Same as the Dollar value can drop if something bad happens so does this coin's value.

 

Need help?

Check out the Wolfcoins support page.

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