How to mine Salvium (SAL) — Beginner’s Guide

4 min readJul 30, 2024

About Salvium (SAL)

Salvium is a cutting-edge proof-of-work private blockchain that seamlessly combines staking, enhanced privacy and DeFi capabilities while navigating crypto regulations. Built on a fork of Monero, it retains Monero’s advanced privacy features such as stealth addresses and ring signatures. However, Salvium introduces groundbreaking innovations that significantly alter transaction mechanics, creating a unique solution in the DeFi space.

History

Salvium originated as a research initiative to explore Cryptonote’s potential for private DeFi. Through extensive research, prototyping, and revisiting established Monero studies, our team focused on enhancing scalability, extensibility, and multi-chain interoperability. This rigorous process allowed us to adapt to regulatory changes, particularly under MiCA, positioning Salvium as an evolved version of Cryptonote and Monero. Taking a ‘privacy-first’ approach, Salvium is designed to meet full MiCA compliance. At launch, we will introduce phase one compliance features, such as refundable payments and a specialized ‘exchange mode’ for supporting these refunds. Over the past year, we’ve also developed features like Conditional Payments (CP), native yield, and staking, with some available at launch and others planned for future updates. Salvium now brings unique technological advancements, including Transactional Imbalances (TI) and Asynchronous Transactions (AT), establishing the first native Cryptonote staking and yield system. These innovations will drive future development and form the foundation of our ecosystem.

Staking

Earn yield privately with staking. Salvium allows stakers to receive a share of the block rewards, incentivizing network security and engagement. Stakers receive 20% of the block reward, distributed proportionally among all active stakers based on their staked amount.

Defi innovation

Salvium is shaping the future of decentralized finance with innovations like Transactional Imbalances (TI) and Asynchronous Transactions (AT). We are committed to ensuring privacy and compliance while enabling secure DeFi solutions. Our plans include Conditional Payments (CP), Layer-2 networks, atomic swaps, and middleware for Solidity-based DApps, positioning Salvium as a leader in private, compliant DeFi.

Key Protocol Features:

Privacy-First Design:

Inherits Monero’s robust privacy features, including stealth addresses and ring signatures.
Ensures transaction privacy while allowing for selective transparency when needed.

Regulatory Compliance:

Incorporates features like refundable transactions and exchange modes to support regulatory requirements.
Enables users to provide view keys to authorized entities for transaction history verification.

Asynchronous Transactions (AT):

Allows for more complex operations within the Salvium ecosystem.
Facilitates yield distribution and other advanced financial mechanisms.

Transactional Imbalances (TI):

Works in conjunction with AT to enable native staking and yield generation.

Protocol_tx Mechanism:

A block-level transaction used for all minting of new coins except the block reward.
Supports stake payouts and other protocol-level operations.

RandomX Mining Algorithm:

Ensures decentralized network security through proof-of-work consensus.

Specifications

PoW Algorithm: RandomX

Max Supply: 184.4 million coins, with tail emissions of 3 SAL per block n

Block Time: 120 seconds

Difficulty Retargeting: Adjusted every block

Initial block reward: 123.825 SAL per block

How to mine Salvium (SAL)

Step 1

First you need to create a wallet address for Salvium mining. You can create a wallet either by downloading Desktop wallet from the official Salvium website or by creating a wallet on an exchange that has $SAL coin.

Salvium Wallet: Salvium Wallet
Exchange Wallet: XeggeX, Tradeogre

Step 2

After you need to download the miner software, for example XMRig — is a popular option for mining $SAL with CPU. Extract archive into some folder. Then right click xmrig.exe, open properties and set it to run as administrator.

Step 3

At the next step we need to open MiningOcean Getting Started pool page and scroll to configuration creation section. Fill in the necessary fields.

Worker_Name is optional, but we do recommend adding this for more efficient mining monitoring. In the Wallet Address enter the address of your wallet created in Step 1. Click Generate configuration.

Step 4

Copy the generated command line string, find the start.bat file or you may want to create your own .bat file, right-click on it, and click edit. Then replace the existing commands with the copied command above. Double-click the start.bat file when you are ready to start mining.

Startup command for XMRig (Windows)

Create miningocean.bat file and copy / paste example below.

xmrig.exe -o fr-salvium.miningocean.org:8332 -u YOUR_WALLET_ADDRESS -p YOUR_WORKER_NAME -a rx/0 -k --donate-level 1

Startup command for XMRig (Linux)

Create miningocean.sh file and copy / paste example below.

(grep -q "vm.nr_hugepages" /etc/sysctl.conf || (echo "vm.nr_hugepages=$((1168+$(nproc)))" | sudo tee -a /etc/sysctl.conf)) && sudo sysctl -w vm.nr_hugepages=$((1168+$(nproc))) \
&& ./xmrig -o fr-salvium.miningocean.org:8332 -u YOUR_WALLET_ADDRESS -p YOUR_WORKER_NAME -a rx/0 -k --donate-level 1

Startup command for XMRig Proxy

Example config.json file

NOTES:
If you are using chain of multiple proxies, or you have diff issues on backend xmrig miners, then set "mode" to "simple"
ie. "mode": "simple",
------

"mode": "nicehash",
"pools": [
    {
        "algo": "rx/0",
        "coin": null,
        "url": "fr-salvium.miningocean.org",
        "user": "YOUR_WALLET_ADDRESS:8332",
        "pass": "YOUR_WORKER_NAME",
        "rig-id": null,
        "keepalive": true,
        "enabled": true,
        "tls": false,
        "tls-fingerprint": null,
        "daemon": false
    }
],

Startup command for XMR Node Proxy