The Veil Project is possibly the most serious and sincerely innovation-focused, privacy-coin project of 2019. While you may be familiar with similar privacy-coin projects like GRIN, the Veil Project is unique in that it is truely development focused and NOT (yet another) profit-before-substance focused effort. It has NOT been listed with major exchanges before having a working product. The Veil Project was live prior to many would-be competitors actively traded on the larger exchanges, but has a committed focus on development efforts and innovation, product first and profitability 2nd. In this post, I hope to convince as many miners as possible to mine GRIN so that I may horde as much of Veil's block reward for myself as possible. 

Smaller exchanges appear to have begun listing Veil independently. (communication on discord indicates listings on larger exchanges are in the works)
### Exchanges
[Txbit VEIL/BTC](https://txbit.io/Trade/VEIL/BTC)
[Vinex VEIL/BTC](https://vinex.network/market/BTC_VEIL)
At the time of writing this, the price was hovering within the range of 0.000050000 - 0.000060000

### Mining Calculators
VEIL can also be found on several Mining calculators. 
[Veil on Coincalculators](https://www.coincalculators.io/coin.aspx?crypto=veil-mining-calculator)
[Veil on WhatToMine](https://whattomine.com/coins/286-veil-x16rt)

## Incorrect Profitability
Based on the estimated mining reward and current market value, my x16rt hashrate of 150Mhs should generate 
### Estimated Rewards
Per         |	Est. Rewards     |	Rev. BTC	   | Rev. $	   |    Cost       |	Profit
----------|-------------------------|----------------------|---------------|-------------|--------------
Hour   |	1.547646      |	0.000077   |	        $0.31   | 	$0.04   |	       $0.27
Day      |	37.143503	 |       0.001857   | 	$7.38   | 	$0.94   |	       $6.45

### PoS and POW Block Rewards
Because Veil leverages a mix of both PoW and PoS block rewards, the numbers provided by the mining calculator are significantly higher than actual mining output. Miners should expect ~50% of the values listed. 
**Updated** Below is a screenshot from the Veil Project Block Explorer 
![](https://cdn.steemitimages.com/DQmTWprfxpJaHUA4v581MJo6XQrS5bRaJqrztX6aLaTyn5F/image.png)
This shows the Veil Project blockrewards are generated via both PoS and PoW methods. 1 Block is is created every 60 seconds a total of 60 Blockrewards per hour. However, 30 of these on average, will be PoS and the remaining 30 PoW. Online mining calculators currently appear to be assigning all block rewards to PoW in their calculations.  Veil's PoS implementation is quite interesting as well and may warrant additional posts (please comment below if you would like further information on Veil's Proof-of-stake rewards). 
**end update**

In conclusion, using online mining calculators to determine Veil's mining profitability can be misleading if Proof-of-stake rewards are not taken into consideration. The Veil Project is my personal favorite initiative this year. If you would like to mine an innovative always-on privacy currency dedicated to moving the needle of innovation over fast profits, mine Veil.

## Where to Mine
### Current Veil Project Mining Stats per discord
Global Network Blocks:  68007
Global Network Diff:  6037697.210730073
Global Network Hash:  211.69 GH/s (Reported)
Global Network Hash:  219.93 GH/s (All Pools)

pool hashes:
https://veil.coinblockers.com/:  1.38 GH/s  (0.63%)
http://bsod.pw/:  17.29 GH/s  (7.86%)
https://veilmine.com/:  18.24 GH/s  (8.29%)
https://veil.suprnova.cc/:  183.02 GH/s  (83.22%)
( Last fetch: Wed, 20 Feb 2019 13:36:05 UTC )

This post is based on observations, for further clarity consult the [Veil Project Documentation](https://veil-project.com/technology/)