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wafflepool.com - An auto switching scrypt coin mining pool

WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
[link]

How do I mine Dogecoin?

How do I mine Dogecoin?
Let’s take a lucky guess that you’re here today because you’ve heard a lot about cryptocurrencies and you want to get involved, right? If you’re a community person, Dogecoin mining might be the perfect start for you!
Bitcoin was the first in 2009, and now there are hundreds of cryptocurrencies. These new coins (that operate on their own native blockchain) are called altcoins or alternative coins. One popular altcoin is Dogecoin. It can be bought, sold and traded, just like Bitcoin. It can also be mined!
So, what is Dogecoin mining?
You’ll know what hardware and what software you need to get started. You’ll also know whether or not Dogecoin mining is for you!
So, where would you like to start? The beginning? Great choice. Let’s have a quick look at how Dogecoin got started.
A (Very) Short History of Dogecoin
In 2013, an Australian named Jackson Palmer and an American named Billy Markus became friends. They became friends because they both liked cryptocurrencies. However, they also thought the whole thing was getting too serious so they decided to create their own.
Palmer and Markus wanted their coin to be more fun and more friendly than other crypto coins. They wanted people who wouldn’t normally care about crypto to get involved.
They decided to use a popular meme as their mascot — a Shiba Inu dog.

https://preview.redd.it/rymnyyz1iil31.png?width=303&format=png&auto=webp&s=f138e3fe56eef9c6b0e7f49b84fefc41fb83e5aa
Dogecoin was launched on December 6th, 2013. Since then it has become popular because it’s playful and good-natured. Just like its mascot!
Dogecoin has become well-known for its use in charitable acts and online tipping. In 2014, $50,000 worth of Dogecoin was donated to the Jamaican Bobsled Team so they could go to the Olympics. Dogecoin has also been used to build wells in Kenya. Isn’t that awesome!
Users of social platforms – like Reddit – can use Dogecoin to tip or reward each other for posting good content.
Dogecoin has the 27th largest market cap of any cryptocurrency.
Note: A market cap (or market capitalization) is the total value of all coins on the market.
So, Dogecoin is a popular altcoin, known for being fun, friendly and kind. It’s a coin with a dog on it! You love it already, don’t you?
Next, I want to talk about how mining works…
What is Mining?
To understand mining, you first need to understand how cryptocurrencies work. Cryptocurrencies are peer-to-peer digital currencies. This means that they allow money to be transferred from one person to another without using a bank.
Every cryptocurrency transaction is recorded on a huge digital database called a blockchain. The database is stored across thousands of computers called nodes. Nodes put together groups of new transactions and add them to the blockchain. These groups are called blocks.
Each block of transactions has to be checked by all the nodes on the network before being added to the blockchain. If nodes didn’t check transactions, people could pretend that they have more money than they really do (I know I would!).
Confirming transactions (mining) requires a lot of computer power and electricity so it’s quite expensive.
Blockchains don’t have paid employees like banks, so they offer a reward to users who confirm transactions. The reward for confirming new transactions is new cryptocurrency. The process of being rewarded with new currency for confirming transactions is what we call “mining”!

https://preview.redd.it/rcut2jx3iil31.png?width=598&format=png&auto=webp&s=8d78d41c764f4fe4e6386da4f40a66556a873b87
It is called mining because it’s a bit like digging for gold or diamonds. Instead of digging with a shovel for gold, you’re digging with your computer for crypto coins!
Each cryptocurrency has its own blockchain. Different ways of mining new currency are used by different coins where different rewards are offered.
So, how do you mine Dogecoin? What’s special about Dogecoin mining? Let’s see…
What is Dogecoin Mining?
Dogecoin mining is the process of being rewarded with new Dogecoin for checking transactions on the Dogecoin blockchain. Simple, right? Well no, it’s not quite that simple, nothing ever is!
Mining Dogecoin is like a lottery. To play the lottery you have to do some work. Well, actually your computer (or node) has to do some work! This work involves the confirming and checking of transactions which I talked about in the last section.
Lots of computers work on the same block of transactions at the same time but the only one can win the reward of new coins. The one that earns the new coins is the node that adds the new block of transactions to the old block of transactions. This is completed using complex mathematical equations.
The node that solves the mathematical problem first wins! It can then attach the newly confirmed block of transactions to the rest of the blockchain.
Most cryptocurrency mining happens this way. However, Dogecoin mining differs from other coins in several important areas. These areas are;
  • Algorithm: Each cryptocurrency has a set of rules for mining new currency. These rules are called a mining or hashing algorithm.
  • Block Time: This is the average length of time it takes for a new block of transactions to be checked and added to the blockchain.
  • Difficulty: This is a number that represents how hard it is to mine each new block of currency. You can use the difficulty number to work out how likely you are to win the mining lottery. Mining difficulty can go up or down depending on how many miners there are. The difficulty is also adjusted by the coin’s protocol to make sure that the block time stays the same.
  • Reward: This is the amount of new currency that is awarded to the miner of each new block.
Now, let’s compare how DogeCoin mining works compared to Litecoin and Bitcoin…
Mining Comparison
Bitcoin uses SHA-256 to guide the mining of new currency and the other two use Scrypt. This is an important difference because Scrypt mining needs a lot less power and is a lot quicker than SHA-256. This makes mining easier for miners with less powerful computers. Fans of Litecoin and Dogecoin think that they are fairer than Bitcoin because more people can mine them.
Note: In 2014, Litecoin and Dogecoin merged mining. This means they made it possible to mine both coins in the same process. Dogecoin mining is now linked with Litecoin mining. It’s like two different football teams playing home games in the same stadium!
Mining Dogecoin is a lot faster than mining Litecoin or Bitcoin. The block reward is much higher too!
Don’t get too excited though (sorry!). Dogecoin is still worth a lot less than Bitcoin and Litecoin. A reward of ten thousand Dogecoin is worth less than thirty US Dollars. A reward of 12.5 Bitcoin is currently worth 86,391.63 US Dollars!
However, it’s not as bad as it sounds. Dogecoin mining difficulty is more than one million times less than Bitcoin mining difficulty. This means you are much more likely to win the block reward when you mine Dogecoin.
Now I’ve told you about what Dogecoin mining is and how it works, would you like to give it a try?
Let’s see what you need to do to become a Dogecoin miner…
How to Mine Dogecoin
There are two ways to mine Dogecoin, solo (by yourself) or in a Dogecoin mining pool.
Note: A Dogecoin pool is a group of users who share their computing power to increase the odds of winning the race to confirm transactions. When one of the nodes in a pool confirms a transaction, it divides the reward between the users of the pool equally.
Dogecoin Mining: Solo vs Pool
When you mine as a part of a Dogecoin pool, you have to pay fees. Also, when the pool mines a block you will only receive a small portion of the total reward. However, pools mine blocks much more often than solo miners. So, your chance of earning a reward (even though it is shared) is increased. This can provide you with a steady new supply of Dogecoin.
If you choose to mine solo then you risk waiting a long time to confirm a transaction because there is a lot of competition. It could be weeks or even months before you mine your first block! However, when you do win, the whole reward will be yours. You won’t have to share it or pay any fees.
As a beginner, I would recommend joining a Dogecoin pool. This way you won’t have to wait as long to mine your first block of new currency. You’ll also feel like you’re part of the community and that’s what Dogecoin is all about!
What You Need To Start Mining Dogecoin
Before you start Dogecoin mining, you’ll need a few basics. They are;
  • A PC with either Windows, OS X or Linux operating system.
  • An internet connection
  • A Shiba Inu puppy (just kidding!)
You’ll also need somewhere to keep the Dogecoin you mine. Go to Dogecoin’s homepage and download a wallet.
Note: A wallet is like an email account. It has a public address for sending/receiving Dogecoin and a private key to access them. Your private keys are like your email’s password. Private keys are very important and need to be kept completely secure.
There are two different types; a light wallet and a full wallet. To mine Dogecoin, you’ll need the full wallet. It’s called Dogecoin Core.
Now that you’ve got a wallet, you need some software and hardware.
Dogecoin Mining Hardware
You can mine Dogecoin with;
  • Your PC’s CPU: The CPU in your PC is probably powerful enough to mine Dogecoin. However, it is not recommended. Mining can cause less powerful computers to overheat which causes damage.
  • A GPU: GPUs (or graphics cards) are used to improve computer graphics but they can also be used to mine Dogecoin. There are plenty of GPUs to choose from but here are a few to get you started;SAPPHIRE Pulse Radeon RX 580 ($426.98)Nvidia GeForce GTX ($579.99)ASUS RX Vega 64 ($944.90)
  • A Scrypt ASIC Miner: This is a piece of hardware designed to do one job only. Scrypt ASIC miners are programmed to mine scrypt based currencies like Litecoin and Dogecoin. ASIC miners are very powerful. They are also very expensive, very loud and can get very hot! Here’s a few for you to check out;Innosilicon A2 Terminator ($760)Bitmain Antminer L3 ($1,649)BW L21 Scrypt Miner ($7,700)
Dogecoin Mining Software
Whether you’re mining with an ASIC, a GPU or a CPU, you’ll need some software to go with it. You should try to use the software that works best with the hardware you’re using. Here’s a short list of the best free software for each choice of mining hardware;
  • CPU: If you just want to give mining a quick try, using your computer’s CPU will work fine. The only software I would recommend for mining using a CPU only is CPU miner which you can download for free here.
  • GPU: If you mine with a GPU there are more software options. Here are a few to check out;CudaMiner– Works best with Nvidia products.CGminer– Works with most GPU hardware.EasyMiner– User-friendly, so it’s good for beginners.
  • Scrypt ASIC miner:MultiMiner– Great for mining scrypt based currencies like Litecoin and Dogecoin. It can also be used to mine SHA-256 currencies like Bitcoin.CGminer and EasyMiner can also be used with ASIC miners.
Recommendations
You’re a beginner, so keep it simple! When you first start mining Dogecoin I would recommend using a GPU like the Radeon RX 580 with EasyMiner software. Then I would recommend joining a Dogecoin mining pool. The best pools to join are multi-currency pools like Multipool or AikaPool.
If you want to mine Dogecoin but don’t want to invest in all the tech, there is one other option…
Dogecoin Cloud Mining
Cloud mining is mining without mining! Put simply, you rent computer power from a huge data center for a monthly or yearly fee. The Dogecoin is mined at the center and then your share is sent to you.
All you need to cloud mine Dogecoin is a Dogecoin wallet. Then choose a cloud mining pool to join. Eobot, Nice Hash and Genesis Mining all offer Scrypt-based cloud mining for a monthly fee.
There are pros and cons to Dogecoin cloud mining;
The Pros
  • It’s cheaper than setting up your own mining operation. There’s also no hot, noisy hardware lying around the house!
  • As a beginner, there isn’t a lot of technical stuff to think about.
  • You get a steady supply of new currency every month.
The Cons
  • Cloud mining pools don’t share much information about themselves and how they work. It can be hard to work out if a cloud mining contract is a good value for money.
  • You are only renting computer power. If the price of Dogecoin goes down, you will still have to pay the same amount for something that is worthless.
  • Dogecoin pools have fixed contracts. The world of crypto can change very quickly. You could be stuck with an unprofitable contract for two years!
  • It’s no fun letting someone else do the mining for you!
Now you know about all the different ways to mine Dogecoin we can ask the big question, can you make tons of money mining Dogecoin?
So, Is Dogecoin Mining Profitable?
The short answer is, not really. Dogecoin mining is not going to make you a crypto billionaire overnight. One Dogecoin is worth 0.002777 US Dollars. If you choose to mine Dogecoin solo, it will be difficult to make a profit. You will probably spend more money on electricity and hardware than you will make from Dogecoin mining. Even if you choose a Dogecoin pool or a cloud pool your profits will be small.
However, if you think I am telling you to not mine Dogecoin, then you’re WRONG! Of course, I think you should mine Dogecoin!
But why? Seriously…
Well, you should mine Dogecoin because it’s fun and you want to be a part of the Dogecoin family. Cryptocurrency is going to change the world and you want to be part of that change, right? Mining Dogecoin is a great way to get involved.
Dogecoin is the coin that puts a smile on people’s faces. By mining Dogecoin you’ll be supporting all the good work its community does. You’ll learn about mining from the friendliest gang in crypto. And who knows? In a few years, the Dogecoin you mine now could be worth thousands or even millions! In 2010, Bitcoin was worthless. Think about that!
Only you can choose whether to mine Dogecoin or not. You now know everything you need to know to make your choice. The future is here. So, what are you going to do?
submitted by alifkhalil469 to BtcNewz [link] [comments]

Gridcoin Leisure Update 3.7.14.0 Released

Today we have a new leisure update for you. This version includes a lot of "under the hood" changes, but there are some improvements for the average user as well.
 
Notably this release includes a better time to stake calculation method, thanks to @jamescowens. Also the Neural Network runs much smoother thanks to many optimizations by @ifoggz.
 
Download the update from GitHub here.
The Windows MSI can be downloaded here.
 
Full Release Notes:
Added
 
Changed
 
Fixed
 
Removed
 
Thank you to all the developers who contributed to this release. I will update this post when the Windows MSI has been uploaded to the website.
submitted by barton26 to gridcoin [link] [comments]

such beginner shibe thread wow how to get coin

 how to shibecoin v rich in minutes much instruct so simple any doge can do 

START HERE

UPDATE 1/21/14: I'm not updating this guide anymore. Most of the steps should still work though. See the wiki or check the sidebar for updated instructions.
Before you do anything else, you need to get a wallet. Until there's a secure online wallet, this means you need to download the dogecoin client.
Now open the client you just downloaded. You'll be given a default address automatically, and it should connect to peers and start downloading the dogechain (aka blockchain in formal speak). You'll know because there will be a progress bar at the bottom and at the lower right there should be a signal strength icon (TODO: add screenshots).
If you've waited 2 or 3 minutes and nothing is happening, copy this:
maxconnections=100 addnode=95.85.29.144 addnode=162.243.113.110 addnode=146.185.181.114 addnode=188.165.19.28 addnode=166.78.155.36 addnode=doge.scryptpools.com addnode=doge.netcodepool.org addnode=doge.pool.webxass.de addnode=doge.cryptopool.it addnode=pool.testserverino.de addnode=doge.luckyminers.com addnode=doge.cryptovalley.com addnode=miner.coinedup.comdoge addnode=doge.cryptoculture.net addnode=dogepool.pw addnode=doge.gentoomen.org addnode=doge.cryptominer.net addnode=67.205.20.10 addnode=162.243.113.110 addnode=78.46.57.132 
And paste it into a new text file called dogecoin.conf, which you then place into the dogecoin app directory.
Now restart your qt client and the blockchain should start downloading in about 1-2 minutes.
Once it finished downloading, you're ready to send and receive Dogecoins!

GETTING COINS

Decide how you want to get Dogecoin. Your options are:
I'll go into detail about each of these. I'm currently writing this out. I'll make edits as I add sections. Suggestions are welcome.

MINING

Mining is how new dogecoins are created. If you're new to crypto currencies, read this. To mine (also called "digging"), a computer with a decent GPU (graphics card) is recommended. You can also mine with your CPU, but it's not as efficient.

GPU MINING

These instructions cover only Windows for now. To mine, you'll need to figure out what GPU you have. It'll be either AMD/ATI or Nvidia. The setup for both is approximately the same.

Step One: Choose a pool

There's a list of pools on the wiki. For now it doesn't really matter which one you choose. You can easily switch later.
NOTE: You can mine in two ways. Solo mining is where you mine by yourself. When you find a block you get all the reward. Pool mining is when you team up with other miners to work on the same block together. This makes it more likely that you'll find a block, but you won't get all of it, you'll have to split it up with others according to your share of the work. Pool mining is recommended because it gives you frequent payouts, because you find more blocks. The larger the pool you join, the more frequent the payouts, but the smaller the reward you get.
Over a long period of time the difference between pool and solo mining goes away, but if you solo mine it might be months before you get any coins.

Step two: Set up pool account

The pool you chose should have a getting started page. Read it and follow the instructions. Instructions vary but the general idea is:
When you're done with this, you'll need to know:

Step three: Download mining software

For best performance you'll need the right mining software.
Unzip the download anywhere you want.

Step four: Set up miner

Create a text file in the same folder as your miner application. Inside, put the command you'll be running (remove brackets).
For AMD it's cgminer.exe --scrypt -o stratum+tcp://: -u -p
For Nvidia it's cudaminer.exe -o stratum+tcp://: -O :
Substitute the right stuff in for the placeholders. Then on the next line of the text file type pause. This will let you see any errors that you get. Then save the file with any name you want, as long as the file extension is .bat. For example mine_serverName.bat.

Step five: Launch your miner

Just open the .bat file and a command line window should pop up, letting you know that the miner is starting. Once it starts, it should print out your hash rate.
If you now go to the pool website, the dashboard should start showing your hashrate. At first it'll be lower than what it says in the miner, but that's because the dashboard is taking a 5 minute average. It'll catch up soon enough.
NOTE: A normal hashrate is between 50 Kh/s up to even 1 Mh/s depending on your GPU.

You're now mining Dogecoins

That's it, nothing more to it.

CPU MINING

CPU mining isn't really recommended, because you'll be spending a lot on more on power than you'd make from mining Dogecoin. You could better spend that money on buying Dogecoin by trading. But if you have free electricity and want to try it out, check out this informative forum post.

Trading

Trading has been difficult so far, but Dogecoin just got added to a few new exchanges. If you don't have a giant mining rig, this is probably the best way to get 100k or more dogecoins at the moment. I'll write up a more complete guide, but for now check out these sites:

Faucets

Faucets are sites that give out free coins. Usually a site will give out somewhere between 1 and 100 Dogecoin. Every site has its own time limits, but usually you can only receive coins once every few hours, or in some cases, days. It's a great way to get started. All you do is copy your address from the receive section of your wallet and enter it on some faucet sites. Check out /dogecoinfaucets for more. If you go to each site on there you might end up with a couple hundred Dogecoin!

Begging

This method is pretty straightforward. Post your receiving address, and ask for some coins. Such poor shibe. The only catch is, don't do it here! Please go to /dogecoinbeg.

Tips

At the moment there are two tip bots:
Other redditors can give you Dogecoin by summoning the tip bot, something like this:
+dogetipbot 5 doge
This might happen if you make a good post, or someone just wants to give out some coins. Once you receive a tip you have to accept it in a few days or else it'll get returned. Do this by following the instructions on the message you receive in your inbox. You reply to the bot with "+accept". Commands go in the message body. Once you do that, the bot will create a tipping address for you, and you can use the links in the message you receive to see your info, withdraw coins to your dogecoin-qt wallet, see your history, and a bunch of other stuff.
As a bonus, so_doge_tip has a feature where you can get some Dogecoins to start with in exchange for how much karma you have. To do this, send the message "+redeem DOGE" to so_doge_tip. You'll need to create a tipping account if you don't have one.
If you want to create a tipping account without ever being tipped first, message either of the bots with "+register" and an address will be created for you.

CHANGELOG

  • 1/21/14 - Added note about this thread no longer being updated
  • 1/21/14 - Changed wallet links to official site
  • 12/27/13 - Added 1.3 wallet-qt links
  • 12/21/13 - Added new windows 1.2 wallet link
  • 12/20/13 - Fixed +redeem text
  • 12/18/13 - Added short blurb on trading.
  • 12/18/13 - Updated cudaminer to new version (cudaminer-2013-12-18.zip).
  • 12/18/13 - Fixed +redeem link
  • 12/18/13 - Updates dogecoin.conf, from here.
  • 12/17/13 - Linked to mining explanation.
  • 12/17/13 - Added link to CPU mining tutorial, in response to this.
  • 12/16/13 - Added links to tip commands, link to dogetipbot wiki.
  • 12/16/13 - Note about tip commands going in body, in response to this.
  • 12/16/13 - Added link to cgminer mirror, thanks to scubasteve812 and thanks to Bagrisham.
  • 12/16/13 - Note about removing brackets in response to this.
  • 12/15/13 - Fixed hash rate as per this comment, thanks lleti
  • 12/15/13 - Added info for all other ways of getting money, except for trading (placeholder for now)
  • 12/15/13 - Added windows GPU mining instructions 12/15/13 - Added wallet instructions, list of how to get money
submitted by lego-banana to dogecoin [link] [comments]

New people please read this. [upvote for visibility please]

I am seeing too many new people come and and getting confused. Litecoin wiki isn't the greatest when it comes to summing up things so I will try to do things as best as I can. I will attempt to explain from what I have learned and answer some questions. Hopefully people smarter than me will also chime in. I will keep this post updated as much as I can.
Preface
Litecoin is a type to electronic currency. It is just like Bitcoin but it there are differences. Difference explained here.
If you are starting to mine now chances are that you have missed the Bitcoin mining train. If you really want your time and processing power to not go to waste you should mine LTC because the access to BTC from there is much easier.
Mining. What is it?
Let's get this straight. When making any financial commitment to this be prepared to do it with "throw away" money. Mining is all about the hashrate and is measured in KH/s (KiloHash/sec). Unlike the powerful ASICs (Application Specific Integrated Circuit) that are used to mine bitcoins using hashrates in the GH/s and even TH/s, litecoin mining has only been able to achieve at the very best MH/s. I think the highest I've seen is 130 MH/s so far. Which leads us to our next section.
Mining Hardware
While CPU mining is still a thing it is not as powerful as GPU mining. Your laptop might be able to get 1 a month. However, I encourage you to consult this list first. List of hardware comparison You will find the highest of processors can maybe pull 100 KH/s and if we put this into a litecoin mining calculator it doesn't give us much.
Another reason why you don't want to mine with your CPU is pretty simple. You are going to destroy it.
So this leaves us with GPUs. Over the past few months (and years) the HD 7950 has been the favourite because it drains less power and has a pretty good hashrate. But recently the introduction of the R9 290 (not the x) has changed the game a bit. People are getting 850 KH/s - 900 KH/s with that card. It's crazy.
Should I mine?
Honestly given the current difficulty you can make a solid rig for about $1100 with a hashrate of 1700 KH/s which would give you your investment back in about a month and a half. I am sure people out there can create something for much cheaper. Here is a good example of a setup as suggested by dystopiats
PCPartPicker part list / Price breakdown by merchant / Benchmarks
Type Item Price
CPU AMD Sempron 145 2.8GHz Single-Core Processor $36.01 @ Amazon
Motherboard ASRock 970 EXTREME4 ATX AM3+ Motherboard $99.48 @ OutletPC
Memory Crucial Ballistix Tactical Tracer 4GB (1 x 4GB) DDR3-1866 Memory $59.99 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Power Supply SeaSonic Platinum 860W 80+ Platinum Certified Fully-Modular ATX Power Supply $146.98 @ SuperBiiz
Total
Prices include shipping, taxes, and discounts when available. $1078.60
Generated by PCPartPicker 2013-11-29 00:52 EST-0500
Estimated Hashrate (with GPU overclocking) : 1900 KH/s
Hardware Fundamentals
CPU - Do you need a powerful CPU? No but make sure it is a decent one. AMD CPUs are cheap to buy right now with tons of power. Feel free to use a Sempron or Celeron depending on what Motherboard you go with.
RAM - Try to get at least 4 GB so as to not run into any trouble. Memory is cheap these days. I am saying 4 GB only because of Windoze. If you are plan to run this on Linux you can even get away with less memory.
HDD Any good ol 7200 RPM hard drive will do. Make sure it is appropriate. No point in buying a 1TB hard drive. Since, this is a newbie's guide I assumed most won't know how to run linux, but incase you do you can get a USB flash drive and run linux from it thus removing the need for hard drive all toghether. (thanks dystopiats)
GPU - Consult the list of hardware of hardware I posted above. Make sure you consider the KH/s/W ratio. To me the 290 is the best option but you can skimp down to 7950 if you like.
PSU - THIS IS BLOODY IMPORTANT. Most modern GPUs are power hungry so please make sure you are well within the limits of your power consumption.
MOTHERBOARD - Ok, so a pretty popular board right now is Gigabyte GA-990FXA-UD3 and the ASRock 970 Extreme4. Some people are even going for Gigabyte GA-990FXA-UD5 and even the mighty Gigabyte GA-990FXA-UD7 because it has more PCI-E slots. 6 to be exact. However you may not need that much. With risers you can get more shoved into less.
PCI-E RISERS - These are called risers. They come in x16 to x16 and x1 to x16 connections. Here is the general rule of thumb. This is very important. Always get a POWERED riser otherwise you will burn a hole in your MoBo. A powered rise as a molex connector so that additional power from PSU can be supplied.
When it comes to hardware I've provided the most basic knowledge you need. Also, take a look at cryptobader's website. This is very helpful. Please visit the mining section of Litecoin Forums and the litecoinmining subreddit for more indepth info.
Mining Software
Now that you have assembled your hardware now you need to get into a pool. But before you do that you need a mining software. There are many different ones but the one that is most popular is cgminer. Download it and make sure you read the README. It is a very robust piece of software. Please read this if you want to know more. (thanks BalzOnYer4Head)
Mining Pools
Now that your hardware and software is ready. I know nothing about solo mining other than the fact that you have to be very lucky and respectable amount of hashing power to decrypt a block. So it is better to join pools. I have been pool hopping for a bit and really liked give-me-coin previously known to the community as give-me-ltc. They have a nice mobile app and 0% pool fees. This is really a personal preference. Take a look at this list and try some yourself.
How do I connect to a pool?
Most pools will give you a tutorial on how to but the basics are as follows:
  • Signup for a pool
  • Create a worker for your account. Usually one worker per rig (Yes people have multiple rigs) is generally a good idea.
  • Create a .run file. Open up notepad and type cgminer.exe -o (address_to_the_miningpool:port_number) -u (yourusername.workername) -p (your_worker_password_if_you_made_one). Then File>Save As>runcgminer.run (Make sure the drop down is set to "All Files" and .txt document.) and save in the same folder as cgminer. That's it.
  • Double click on runcgminer.run (or whatever you named it) and have fun mining.
Mining Profitability
This game is not easy. If it was, practically everyone would be doing it. This is strictly a numbers game and there are calculations available that can help you determine your risk on your investments. 4 variables you need to consider when you are starting to mine:
Hardware cost: The cost of your physical hardware to run this whole operation.
Power: Measured in $/KwH is also known as the operating cost.
Difficulty rate: To put it in layman's terms the increase in difficulty is inversely proportional to amount of coin you can mine. The harder the difficulty the harder it is to mine coin. Right now difficulty is rising at about 18% per 3 days. This can and will change since all you miners are soon going to jump on the band wagon.
Your sanity: I am not going to tell you to keep calm and chive on because quiet frankly that is stupid. What I will tell you not to get too carried away. You will pull you hair out. Seriously.
Next thing you will need is a simple tool. A mining profitability calculator. I have two favourite ones.
coinwarz
I like this one cause it is simple. The fields are self explanatory. Try it.
bitcoinwisdom
I like this one because it is a more real life scenario calculator and more complicated one (not really). It also takes increasing difficulty into account.
Please note: This is the absolute basic info you need. If you have more questions feel free to ask and or google it!
More Below.
submitted by craeyon to litecoin [link] [comments]

How to Earn Money Mining Virtual Currency With Your Average Computer - A Full Guide

Lately I've been exploring some alternatives to the typical grind that is online work. I've always followed Bitcoin pretty closely and knew of Bitcoin mining, but I was also aware of how difficult it's become. The difficulty is so high it's not even worth trying with the average computer. However, as of late there has been an explosion of new virtual coins. There are now hundreds (if not thousands) being mined. There is debate on how much of a help or hindrance all these altcoins are to the world of virtual currency, but regardless they open up a lot of chances to earn money with your average computers unused resources.
I decided to start digging into all the altcoins and find one that was new, easy to mine, had a solid and dedicated dev team, and a solid purpose so it's less likely to die off. What I ended up with was CasinoCoin. At the time it was sitting around $0.009 USD each, and fit all of my requirements. I took my two laptops with their i3 cpu's and no gpu's (20kH/s total) and set them to work mining at MooPool.com. A couple days later around the time I hit 300 coins the price jumped up to a peak of $0.11, and my poke at mining altcoin turned into $33. Now I'm not saying this is a ton of money, but consider the fact that I was only mining at 20kH/s on CPU's. Better computers (especially those with GPU's) will mine many more CasinoCoins.
So with my recent tests a success I figured I'd share my findings and make an easy guide to mining virtual currency. This quick guide will be done for CasinoCoin over at MooPool.com since it's my coin of choice, but can be applied to any virtual currency.
GPU Guide (You can run a miner for every GPU and CPU you have)
To my knowledge the most efficient GPU miner at the moment is CudaMiner
cuda miner is a miner specifically designed for Nvidia's architecture. Nvidia's cuda cores are not well suited for alt coin mining, so cuda miner helps you to get the most of Nvidia cards. If you have an AMD GPU, cgminer is what you want to use. -zekezander
Download the correct version for your machine and extract the archive to a folder somewhere convenient.
Open up notepad and paste in the following.
cudaminer.exe -q --algo=scrypt --url=stratum+tcp://stratum.moopool.com:3333 --userpass=kirk.Reddit.gpu:Narwhal
Now save it as StartMining.bat in the miner folder and run it.
You should start seeing blocks detected, and once the pool tunes into your hashing power you can check the hash rate of your shares to get a feel for what you're capable of.
-q is for quiet mode, when turned off you will see all of your hashing. When turned on you will only see your accepted shares and their total hash rates.
Now it's time to make an account at MooPool.com so we can customize the miner.
Start by adding a worker for each device you'll have mining.
Next we customize the bat file in the following manner.
Username & Password (--userpass account.worker:password)
(If you have multiple GPU's you may need additional changes to your bat file, I'm not sure how to set this up.)
Now save it and start it up. If you did everything correctly you should see you hash rate start to rise then average out on the websites dashboard. You are now helping to break "blocks" worth 50CSC each. When the pool breaks one it is distributed fairly to everyone who helped based on the amount of work they contributed. The faster the pool mines, the quicker we all get CSC.
Lastly you need to download a personal CSC wallet HERE so you can withdraw your funds. Once you have your wallet address remember to add it to your account and enable automatic payouts.
CPU Guide
To my knowledge the most efficient CPU miner at the moment is Pooler CPU Miner
Download the correct version for your machine and extract the archive to a folder somewhere convenient.
Open up notepad and paste in the following.
minerd.exe -o stratum+tcp://stratum.moopool.com:3333 -u kirk.Reddit.cpu -p Narwhal -q
Now save it as StartMining.bat in the miner folder and run it.
You should start seeing blocks detected, and once the pool tunes into your hashing power you can check the hash rate of your shares to get a feel for what you're capable of.
-q is for quiet mode, when turned off you will see all of your hashing. When turned on you will only see your accepted shares and their total hash rates.
Now it's time to make an account at MooPool.com so we can customize the miner.
Start by adding a worker for each device you'll have mining.
Next we customize the bat file in the following manner.
Username (-u account.worker) Password (-p Password)
Now save it and start it up. If you did everything correctly you should see you hash rate start to rise then average out on the websites dashboard. You are now helping to break "blocks" worth 50CSC each. When the pool breaks one it is distributed fairly to everyone who helped based on the amount of work they contributed. The faster the pool mines, the quicker we all get CSC.
Lastly you need to download a personal CSC wallet HERE so you can withdraw your funds. Once you have your wallet address remember to add it to your account and enable automatic payouts.
Turning your CSC into USD
In order to sell your CSC you will need to use an exchange. So far Cryptsy(Ref) - Cryptsy (Non-Ref) is the only site that does CSC exchanges. When you're happy with the price sell off your CSC for BTC. Next take your BTC and send it to CoinBase(Ref) - CoinBase(Non-Ref) where you can easily sell it for USD and have it sent to your bank account.
Hope this helps some of you out, Happy Mining!
If you found this of use and would like to donate these are my wallets, or you can just mine with the sample .bat launchers for a bit :)
CSC: CZcoArhSWT4hYPYUkVVvV5NswL3AvBBH3W
BTC: 152GbYdHrU8QtCf4YpJaqNR5WPR6ZpTC4q
submitted by MurderousKirk to beermoney [link] [comments]

Supporting Unlimited

Hello all,
Having dabbled in bitcoin mining for a while I've stepped things up and purchased some more serious mining horsepower. I've since been updating myself on the all the changes that have been going on over the last 18 months and the different iterations of bitcoin that have emerged.
TBH I'm still weighing up what I think is best in terms of Core vs Unlimited etc. (Although the fact I'm posing here may indicate a lean).
Anyway.... what I'm really confused about is how I can influence things. Questions (not in any particular order).
Mining Equipment: My new gear is from BitMain. Unlike my older stuff which uses CGMiner, this gear has a simple yet functional web interface and I'm not yet aware of any command interface (like CGMiner has) to change settings outside of the options provided.
  1. Do I need any particular firmware or to edit anything on this equipment if I want to support Unlimited?
  2. There's a lot of stuff about miners voting on block size (and other things). How does this happen in practice?
  3. Does the mining pool I mine with imply support for one implementation of the code over another?
Hosting a Node: It's clear that one way of supporting Unlimited is to host a node. There is already a BitcoinUnlimited node geographically close by.
  1. Does that make it any bettepointless for me to host one too?
There are 2 possible sites I could host a node from. One has unlimited data and fast downloads but is restricted to 2mbps uploads. The other has much faster uploads (~14mbps), but currently has a little less than 10GB/month of spare data.
2a. Would either of these connections be suitable?
2b. If one/either of them is ok for now what will it look like when block size is say 4mb?
3a. Are there any other benefits to me if I host a node?
3b. What if I chose to try mining solo?
Thanks
submitted by Mr_B_Miner to bitcoin_unlimited [link] [comments]

How To Dig For DogeCoin With Your Average Computer - A Full Guide

Hello fellow doge's! I posted this guide over at /beermoney and and it received a huge amount of attention. I figured I would modify it for the the DogeCoin pool to help you guys out! Hopefully it helps some of you get started.
-Note* This guide was written for CasinoCoin, but I'll modify the information to apply to DogeCoin.
Lately I've been exploring some alternatives to the typical grind that is online work. I've always followed Bitcoin pretty closely and knew of Bitcoin mining, but I was also aware of how difficult it's become. The difficulty is so high it's not even worth trying with the average computer. However, as of late there has been an explosion of new virtual coins. There are now hundreds (if not thousands) being mined. There is debate on how much of a help or hindrance all these altcoins are to the world of virtual currency, but regardless they open up a lot of chances to earn money with your average computers unused resources.
I decided to start digging into all the altcoins and find one that was new, easy to mine, had a solid and dedicated dev team, and a solid purpose so it's less likely to die off. What I ended up with was CasinoCoin. At the time it was sitting around $0.009 USD each, and fit all of my requirements. I took my two laptops with their i3 cpu's and no gpu's (20kH/s total) and set them to work mining at MooPool.com. A couple days later around the time I hit 300CSC the price jumped up to a peak of $0.11, and my poke at mining altcoin turned into $33. Now I'm not saying this is a ton of money, but consider the fact that I was only mining at 20kH/s on CPU's. Better computers (especially those with GPU's) will mine many more Coins.
So with my recent tests a success I figured I'd share my findings and make an easy guide to mining virtual currency. This quick guide will be done for CasinoCoin DogeCoin over at MooPool.com since it's my coin of choice, but can be applied to any virtual currency.
GPU Guide (You can run a miner for every GPU and CPU you have)
To my knowledge the most efficient GPU miner (for Nvidia) at the moment is CudaMiner
cuda miner is a miner specifically designed for Nvidia's architecture. Nvidia's cuda cores are not well suited for alt coin mining, so cuda miner helps you to get the most of Nvidia cards. If you have an AMD GPU, cgminer is what you want to use. -zekezander
Download the correct version for your machine and extract the archive to a folder somewhere convenient.
Open up notepad and paste in the following.
cudaminer.exe -q --algo=scrypt --url=stratum+tcp://stratum.moopool.com:4444 --userpass=kirk.Reddit.gpu:Narwhal
Now save it as StartMining.bat in the miner folder and run it.
You should start seeing blocks detected, and once the pool tunes into your hashing power you can check the hash rate of your shares to get a feel for what you're capable of.
-q is for quiet mode, when turned off you will see all of your hashing. When turned on you will only see your accepted shares and their total hash rates.
Now it's time to make an account at MooPool.com so we can customize the miner.
Start by adding a worker for each device you'll have mining.
Next we customize the bat file in the following manner.
Username & Password (--userpass account.worker:password)
(If you have multiple GPU's you may need additional changes to your bat file, I'm not sure how to set this up.)
Now save it and start it up. If you did everything correctly you should see you hash rate start to rise then average out on the websites dashboard. You are now helping to break "blocks" currently worth anywhere from 1 to 1,000,000DOGE each. When the pool breaks one it is distributed fairly to everyone who helped based on the amount of work they contributed. The faster the pool mines, the quicker we all get DOGE.
Lastly you need to download a personal DOGE wallet HERE so you can withdraw your funds. Once you have your wallet address remember to add it to your account and enable automatic payouts.
CPU Guide
To my knowledge the most efficient CPU miner at the moment is Pooler CPU Miner
Download the correct version for your machine and extract the archive to a folder somewhere convenient.
Open up notepad and paste in the following.
minerd.exe -o stratum+tcp://stratum.moopool.com:4444 -u kirk.Reddit.cpu -p Narwhal -q
Now save it as StartMining.bat in the miner folder and run it.
You should start seeing blocks detected, and once the pool tunes into your hashing power you can check the hash rate of your shares to get a feel for what you're capable of.
-q is for quiet mode, when turned off you will see all of your hashing. When turned on you will only see your accepted shares and their total hash rates.
Now it's time to make an account at MooPool.com so we can customize the miner.
Start by adding a worker for each device you'll have mining.
Next we customize the bat file in the following manner.
Username (-u account.worker) Password (-p Password)
Now save it and start it up. If you did everything correctly you should see you hash rate start to rise then average out on the websites dashboard. You are now helping to break "blocks" currently worth anywhere from 1 to 1,000,000DOGE each. When the pool breaks one it is distributed fairly to everyone who helped based on the amount of work they contributed. The faster the pool mines, the quicker we all get DOGE.
Lastly you need to download a personal DOGE wallet HERE so you can withdraw your funds. Once you have your wallet address remember to add it to your account and enable automatic payouts.
Turning your DOGE into USD
In order to sell your DOGE you will need to use an exchange. So far to my knowledge Cryptsy(Ref) - Cryptsy (Non-Ref) is the only site that does DOGE exchanges. When you're happy with the price sell off your DOGE for BTC. Next take your BTC and send it to CoinBase(Ref) - CoinBase(Non-Ref) where you can easily sell it for USD and have it sent to your bank account.
Hope this helps some of you out, Happy Mining!
If you found this of use and would like to donate these are my wallets, or you can just mine with the sample .bat launchers for a bit :)
DOGE: DFNLiSF9NMpyG3hJmna79A1r2BiCtHkN5L
CSC: CZcoArhSWT4hYPYUkVVvV5NswL3AvBBH3W
BTC: 152GbYdHrU8QtCf4YpJaqNR5WPR6ZpTC4q
submitted by MurderousKirk to dogecoin [link] [comments]

Bitcoin USB Stick Miner GekkoScience 2Pac 5.5 bis 25 GH

Hey. I have, AMD A6-7310 APU with Radeon R4 Graphics 2.00GHz RAM 8.00; 64-bit operating system, x64-based processor, Windows10. I have a 40 amp port 3.0 5v, Bitcoin USB Stick Miner GekkoScience 2Pac 5.5 bis 25 GH / s (33 GH / s max.) I downloaded the original driver Silicon Labs CP2102 from the site bitshopper.de. Downloaded BFGMiner Last version: 5.4.2 Windows 64bit. I load cgminer on Windows 10 it blocks it, and if bfgminer it loads well, but when opening batfile it says that the device was not found. I think the problem in windows 10 or something did not (for example logfile) Write the process step by step please. Thank you.
submitted by s8tan8 to Digibyte [link] [comments]

How To Mine Doge with Ubuntu 13.10. (Part 1, for AMD Graphics Cards)

I feel the community really needs a resource like this. Because if I had a Doge for every-time taught a newbie how to Mine on Ubuntu, I would be a very rich doge!
EDIT: Sorry if it looks funny, Reddit doesn't like the numbers I put in for some reason.
If you have Ubuntu you have likely not upgraded because you think you cant mine on 13.10, and while that has been true in the past, a few people have got it figured out. So feel free to upgrade. If you are not on Ubuntu, Seriously you should consider using it. Even if its just on an older desktop.
Alright, so lets get a few things clear, I am assuming that you just FRESHLY installed Ubuntu 13.10 x64 on your system. I am assuming that you have no drivers, and no miners. You will need at least a key board and a mouse. The guide will be done in several parts, this first part is for most AMD Graphics cards. If you have an Nvidia, or just want to mine with your CPU, please check back later for those guides!
When reading this guide, please remember that as I give you commands to type into the terminal, Anything between { and} must be included. Do not copy and paste the {}.
Lets get started, If you have not already done so, Install Ubuntu 13.10 64Bit From Here (http://www.ubuntu.com/index_asus.html)
*1. Lets start by making sure you are up to date. Open up the terminal and enter this:
{sudo apt-get update && sudo apt-get upgrade} 
Let that run for a bit.
*2. Once that has finished we are going to download some applications we will need:
{sudo apt-get install dh-make dh-modaliases execstack libxrandr2 libice6 libsm6 libfontconfig1 libxi6 libxcursor1 libgl1-mesa-glx libxinerama1 libqtgui4} 
*3. Once that has run its course we are going to install the ssh server. Remember this command is going to make your computer shut down. While it is shut down, carefully install your graphics cards. If you don't have any experience with this, I suggest you 3 minutes to watch this guide, because failure to install a graphics card the right way can destroy it.
(http://www.youtube.com/watch?v=O9x097QRXeA)
{sudo apt-get install openssh-server sudo shutdown now} 
*4.Install your Card(s) and turn the computer back on.
*5. Make a new folder called "AMD DRIVERS123" inside of your download folder. Downoad the following 3 things into that folder. (1. AMD Drivers: http://support.amd.com/en-us/download/incomplete) (2. AMD APP SDK: http://developer.amd.com/tools-and-sdks/heterogeneous-computing/amd-accelerated-parallel-processing-app-sdk/downloads/) (3. AMD ADL SDK:http://developer.amd.com/tools-and-sdks/graphics-development/display-library-adl-sdk/)
*6. Ok, now we need to unzip and compile those drivers. So, open a terminal my right clicking inside of "AMD DRIVERS123". The enter this:
{unzip amd-catalyst*.zip chmod +x amd-catalyst*.run} {sudo ./amd-catalyst*.run --buildpkg Ubuntu/saucy} 
*7. Now we need to install the drivers. Enter the code exactly as you see it, don't worry, the first command will fail, we are expecting it too.
{sudo dpkg -i fglrx*.deb} {sudo apt-get -f install} {sudo dpkg -i fglrx*.deb} {sudo reboot} 
Your computer should now reboot.
(If this failed, you probibly need to remove the old drivers. Do this
{cd /etc/default sudo pico grub} 
Change the line:
GRUB_CMDLINE_LINUX_DEFAULT="quiet splash nomodeset" 
Now save by pressing [CTRL+x]
{sudo update-grub} this will make the change perminent. {sudo reboot -n} Reboot with new settings. Once it starts back up try installing the new drivers again.) 
*8.GREAT! You are really on a roll! Now we need to update AtiConfig
{sudo aticonfig --initial --adapter=all} 
*9.Time to install the APP ADK:
{tar xvf AMD-APP-SDK*.tgz} {sudo ./Install-AMD-APP.sh} {sudo reboot} 
*10. WOOT! You are so close to diggin that sweet Doge!! Its time to download CGMiner. IMPORTANT NOTE! You need to get CGminer 3.7, IT IS THE ONLY ONE THAT WILL WORK. Do not get any older or newer, Just this. :
{sudo apt-get install git unzip git clone -b 3.7 https://github.com/ckolivas/cgminer} 
*11. Ok, now go back to "AMD DRIVERS123", Unzip AMD SDL SDK 6.0. Once you have it unzipped, go the file called "include", open it up, copy everything inside, then go find CGminer. Copy these files into the CGminer file called ADL_SDK.
*12. To install CGminer, we are going to need a few things. Get all of these.
{sudo apt-get install build-essential autoconf libtool libcurl4-openssl-dev libncurses5-dev pkg-config libudev-dev} 
*13. Lets go ahead and compile CGminer.
{cd cgminer} {./autogen.sh} 
*14. Ok, when you did that, it told you GPU was not supported, time to fix it.
{./configure --enable-opencl --enable-scrypt} 
(if you did it right you should now get this: OpenCL...............: FOUND. GPU mining support enabled scrypt...............: Enabled ADL..................: SDK found, GPU monitoring support enabled)
*15. If everything has been good so far then
{make} 
*16. MATHEMATICAL! Now lets get it set up to run a test.
{nano test.sh} {!/bin/bash export DISPLAY=:0 export GPU_MAX_ALLOC_PERCENT=100 export GPU_USE_SYNC_OBJECTS=1} {./cgminer -n} 
*17. Now save by hitting [Control+x][y][Enter]
*18.Lastly lets CHmod test.sh
{chmod+x test.sh} 
*19. TIME TO RUN THE TEXT!!!
{./test.sh} 
(If your output looks like this your ready to go!!! CL Platform 0 vendor: Advanced Micro Devices, Inc. CL Platform 0 name: AMD Accelerated Parallel Processing CL Platform 0 version: OpenCL 1.2 AMD-APP (1214.3) Platform 0 devices: 1 0 Tahiti GPU 0 AMD Radeon HD 7900 Series hardware monitoring enabled 1 GPU devices max detected)
*20. Excellent! Now we have it installed, its time to pick 2-3 pools, and get accounts set up at each of them. I currently use These 2, and If I find another I like I'll update. If you have a really awesome pool you would like me to include on the list, feel free to message me.
Pools: http://doge.cryptovalley.com/ (great community, server not super stable, but they have a chat. I hang out here a lot under the handle 'StrongBad' feel free to stop buy and ask questions)
https://dogehouse.org/ (Super stable pool, Great contests, super friendly, and they pay your miner a bonus if you find the block!)
Choose your pools, go to their sites and sign up. VERY IMPORTANT!!! Use different usernames and passwords for every mining site. If one site gets hacked, you don't want to give them a way to steal everything!!!!! Don't worry about the worker names and passwords being unique or complex tho, the most they can do with this is mine for you.
*21. Ok, now go to the CGminer folder, and open up a Terminal Window.
{sudo ./cgminer} 
This should start ./cgminer up with some really basic settings, and not pointed at any pool. Lets fix that: First press [p] to go to pool settings Now [A] and enter the information for the 1st pool. For instance if you are signing on for dogehouse: (Input server details: stratum+tcp://stratum.dogehouse.org:3333 Username: 'yourusername.workername password: 'yourpassword') If you got no errors, you did it right! Your miner should now connect and start to mine very slowly.
Now, do the same thing for all your other pools. the reason we do this is because Doge Coin pools are constantly being DDoS attacked, and this way your worker automatically switches over to a good pool if one go's down.
*22. time to save your current settings press [Enter] to get back out to the main menu, then [s] to bring up settings. Now press [W] to write a Config file. Name it DogeCoin.conf, and make sure to save it in the location it directs you too.
*23.OK! So, now we have everything set up to its basics. What you need to do now is sit down, and fine tune your Card(s). Its really early in the morning, and I need to get some sleep, I will add more on how to tune your card tomorrow in another post, and link it HERE:
Or, I will help you find the best configuration for your card(s). However as this is quite a bit of work, I do charge a small fee. Contact me with your card(s) information and I will get back to you right away. I generally let you decide how much to pay me.
This is my first ever guide on reddit! If you enjoyed it, or if it helped you please remember to upvote! I am going to start doing an educational YouTube series about Bitcoin, and will likely be doing a side program about Doge, if I find time and funding!! You can find that here: All tips are appreciated! DPTwcQreASwzt6TeWBWFb6Kz9ZU5Sezvr9 If you have any Questions, feel free to ask, I will get back to you ASAP.
Happy Digging everybody!
submitted by Sonofchange to Dogecoinmining [link] [comments]

[P2pool] How to make your own personal p2pool Node!

Tired of getting no block rewards and sending many dead shares? Need a p2pool node close to your miner? MAKE YOUR OWN! :D
And, Yep, P2pools give 0.5% Rewards to block finders!
Here's some info about p2ools: http://whatisp2pool.com/
The stronger the P2Pool network becomes the more resistant the digibyte network is to 51% attacks!
Oh and, P2pools are DDOS proof! Now that's News! So if your node gets DDOS'd .. you dont lose your shares as the shares have been saved in the p2pool, its called the sharechain. So you get paid anyhow! Thanks to the p2pool network. and you ccan set your workers to another pool using the "--failover only" command in cgminer (if im not wrong) and get it back to work on the p2pool network!
TL;DR; P2POOL = 1 Big fat network Decentrazlized pool!
STEPS TO MAKE A P2POOL:
Install Ubuntu server or Desktop if you want http://www.ubuntu.com/download/ or u can use a VPS (VirtualPrivateServer -- Link Below with coupon code)
So Let's start off in the command line (Open Terminal.. and all you have to do is Cut, Copy Paste! ;) )
Start by updating and upgrading Ubuntu, you know you want the best ;)
sudo apt-get update sudo apt-get upgrade sudo apt-get install python-software-properties sudo add-apt-repository ppa:bitcoin/bitcoin sudo apt-get update 
Time for the DigiByteProject dependencies!
sudo apt-get install build-essential libboost-all-dev libcurl4-openssl-dev libdb5.1-dev libdb5.1++-dev git qt-sdk libminiupnpc-dev sudo apt-get install qrencode libqrencode-dev 
And, Now to compile DigiByte on your system!
git clone git://github.com/digibyte/DigiByteProject.git digibyte #renaming makes it easier ;) cd ~/digibyte/src mkdir obj make -f makefile.unix USE_UPNP=- sudo cp digibyted /usbin cd ~ 
After it has compiled try running 'digibyted'
./digibyte/src/digibyted 
If you get an error saying you need to make the digibyte.conf file, good! :) If it doesnt give you that error, make sure you followed the compiling steps appropriately.
So, Lets create the conf file here...
cd .digibyte #edited from 'digibyted' .. fixed!! nano digibyte.conf 
Paste the following, CHANGING THE USERNAME AND PASS!! make sure to take note of both, you'll need these later!
rpcuser=CHANGEusername rpcpassword=ChangePassword daemon=1 server=1 rpcport=14022 port=12024 gen=1 rpcallowip=127.0.0.1 addnode=74.208.230.160 addnode=31.220.25.91 addnode=184.155.218.183 addnode=24.119.23.61 addnode=70.196.193.231 addnode=198.98.118.241 addnode=142.4.204.115 addnode=23.90.191.58 addnode=216.250.125.121 addnode=115.28.31.25 addnode=83.172.105.46 
Press 'CTRL' + ' X', and then 'Y' to save when prompted
cd ~ ./digibyte/src/digibyted ./digibyte/src/digibyted getinfo 
Make sure you check the latest block in the block chain or on your local DigiByte Wallets. This is to see how far your p2pool node has gotten! This is gonna take quite a while so lets CONTINUE!
Let's get the p2pool software and frontend in! Install the p2pool dependencies!
sudo apt-get install python-zope.interface python-twisted python-twisted-web git clone https://github.com/Rav3nPL/p2pool-rav p2pool #renaming it! cd ~/p2pool/digibyte_subsidy #Thanks to Chaeplin sudo python setup.py install 
Time to edit and customise the html code to personalise your p2pool's frontend. Feel free to change the p2pool name and if you're an advanced user, feel free to add your own frontend from git hub after removing the web-static folder. (OPTIONAL: by using rm -f -r web-static #in that directory. And then you can choose whichever frontend you want! by cloning it in the web-static folder)
Editing the current frontend html!
cd .. cd web-static nano index.html 
After personalising the page, i.e. changing the p2pool name and adding some info! Lets go back and check how far the block downloading has gotten! You can check this by typing this in the command line after going back to the root directory:
cd ~ ./digibyte/src/digibyted getinfo 
This is gonna take a while so might as well check for updates again :P
sudo apt-get update sudo apt-get upgrade 
After making sure that all the blocks have been synced locally! We're ready to run the p2pool node! Simply enter the string below in the command line, entering your USERNAME and PASS that you saved earlier!
screen -d -m -S myp2pool ~/p2pool/run_p2pool.py --give-author 0 --net digibyte NEWUSER NEWPASS --outgoing-conns 4 
If you want to charge a fee for your node add this to your string, adding your fee address!:
--fee 1.0 --address NEWDGBADDRESS 
To see if the node is up and running enter this in the command line:
screen -x myp2pool 
'CTRL' + 'A' + 'D' to close the terminal if you press 'CTRL' + 'C', it will terminate the p2pool program and you'll have to restart the pool by using the string above!
Once, Everything is setup as planned! Check your p2pool node's ip Address by entering this into the command line:
ifconfig 
inet addr: 192.168.1.1 #You'll see a line like this.
So, Your cgminer string should look something like this:
cgminer --scrypt -o 192.168.1.1:9022 -u DGBADDRESS -p x
And your p2pool WEB ADDRESS should look like this:
192.168.1.1:9022
example: http://192.168.1.1:9022/
You can monitor your p2pool using that web address! Enjoy, your personal p2pool node!! :D
If for whatever reason the server shuts off and you need to restart the p2pool node, you should run digibyted again and after it has synced successfully, just type in your p2pool string:
./digibyte/src/digibyted
screen -d -m -S myp2pool ~/p2pool/run_p2pool.py --give-author 0 --net digibyte NEWUSER NEWPASS --outgoing-conns 4 --fee 1.0 --address NEWADDRESS
PRESS CTRL + A + D to Detach from screen
UPDATE Follow Guide below if you used this guide before DigibByte v2.0 was released (28th Feb 2014)
You must check whether you're on the right ShareChain. Make Sure the block Value says 7960!
https://bitcointalk.org/index.php?topic=408268.msg5440858#msg5440858
This Tutorial was made with the help of an existing Guide: http://doges.org/index.php?topic=5586.0 Kudos to crypto49er!
If you want to do this on a VPS:
Here's a link to a VPS hosting site:
https://www.digitalocean.com/
Feel free to use my $10 ref. code -- it doesnt really make a difference, though.
https://www.digitalocean.com/?refcode=dc909c442664
Let me know if this guide helped!
submitted by StormMiner to Digibyte [link] [comments]

The Absolute Crypto-Coine Beginenrs Guide to MyriadCoin-Mining

Hello, I'm a new member of the Myriadcoin-Community and I made a mining guide for crypto-currency newbies over on my blog. I thought it would fit here as well, hoping that some newbie would discover it upon his quest for mining crypto-coins. (I hope it is ok, that I just copied it over)

The Absolute Crypto-Coin Beginners Guide to MyriadCoin-Mining

Introduction

I researched the technology behind Bitcoin, especially the blockchain, for the past week because it could have been helpful with my current research on electronic voting that I am doing for my project thesis. During that I was amazed by the simple and yet powerful ideas behind crypto-currency. I was tempted to invest some of my spare money (which is not much as an undergraduate) into crypto-currencies, but was appalled by the weak points of Bitcoin, that become apparent if one researches it. (Malleability, 51% Attacks, Selfish Mining, etc. If there is interest I can maybe try to scramble together an article going in detail about attacks on crypto-currencies)
Then I discovered Myriadcoin, which solved most of the problems I had with Bitcoin. Although I myself am quite new to the Myriadcoin-Community I present to you, the absolute crypto-coin beginners guide to Myriadcoin-Mining. The following guide is written for Windows, the process may be similar on Linux/Mac OS but is not 100% the same

Setting up your Wallet

Your Myriadcoin-wallet is very much like your everyday wallet. It holds your currency, and if you lose it your money is gone.
  1. Go to the Myriadcoin homepage
  2. Download The wallet for your OS. (Currently there are Windows and Mac OS Wallets)
  3. Unzip the downloaded
  4. Start the myriadcoin-qt.exe
After the installation is done you should see your wallet stating that your current funds are 0 MYR. At the beginning the wallet has to download all the information from the blockchain, which can take a while. You can see the progress at the bottom of the wallet. Upon pressing the receive-button at the top you will see your automatically generated address. This address can be used to receive Payment. You can generate as many adresses as you want. Under Settings you can Encrypt your wallet, which you probably should do if you plan to use it seriously. Keep in mind, that if you lose your password you have no means to get to your money. Under File you can create a backup and save it somewhere.

Getting to Mine

Mining is the process which verifies currency transactions between accounts. It is simultaneously the process which generates new coins up to a limit. (20 billion is the limit for MYR). To mine a block means to solve a cryptographic puzzle in form of a hash. Myriadcoin uses 5 of those hash-algorithms. If you are a complete newbie to mining and crypto-currencies chances are you do not have specialized Hardware. Because of that it probably is best if you mine using the skein, groestl or qubit algorithms. Do not be scared of the names, I will guide you trough. If you made your mind up which of those you want to use (just pick one, if you do not want to research them) you can go to this post. The following step by step guide is using the skein algorithm with the Modified cgminer and the cryptorus mining pool. The steps can differ slightly if you use a different algorithm or pool, but should be similar.
  1. Go to the above linked post and scroll down to the Standalone Miner Section
  2. Pick a miner. (I use the modified cgminer
  3. Got to the post again and scroll to the Pools Section
  4. Pick one of the mining Pools fitting your chosen algorithm. (I pick http://myrsk.cryptorus.com/ for this one)
  5. Go to the homepage and register if necessary (Lets say my name is Testhans)
  6. Once you registered you should look for the My Workers Option
  7. There create a new worker. (Lets say I make a worker with the name Myry and the password 1234)
  8. Now unzip the Miner you downloaded
  9. Go to the folder of the miner and create a new textfile that you name run.bat
  10. Go to your pool-website and look for the stratum address. (Can be usually found on the startpage, in this my case stratum+tcp://myrsk.cryptorus.com:3333)
The run.bat should look as follows:
name_of_miner.exe -o stratum-address -u YouName.Workername -p Workerpassword (For some algorithms you have to set the algorithm as an option too)
This is how my config looks with the examples above:
cgminer.exe --skein -o stratum+tcp://myrsk.cryptorus.com:3333 -u Testhans.Myry -p 1234
Save the run.bat and you should be able to start the miner through double clicking. A console-window should open displaying the progress. Every time you find a share a message saying something along the lines of "Accepted 214sabc5fe 4/2" should be displayed.
You can enter your Myriadcoin-address inside the Account-Options of your pool, so you can receive your share of the coins you mined. Typically you have to arrange the transaction yourself. Usually the miner can take a lot of options to optimize the amount it can mine, but as a newbie you are likely to break more than you get out of it. The standard-configuration of miner-tools is in most cases pretty good allready.

Further Resources

You can find further resources on the bitcointalk-forums and the awesome subreddit. Also there is another mining-guide, which goes into more detail on all of the algorithms and can be quite helpfull if you are just new to Myriadcoin and not to the crypto-currencies as such.
If you have any suggestions or questions feel free to leave a comment, and if you found my guide useful and want to share some of your hard-mined coins, you can do that also. My Myriadcoin address is MKF8EPYksAV4Bn7M8HLEMyvEPtq3EWeGVW
submitted by WeGi to myriadcoin [link] [comments]

To help you get started on bitcoins...

Sup fellow reddit members!
Today I'm here to give you guys a long introduction about bitcoins.
Intro to bitcoins:
Bitcoins are the first decentralized digital currency.
Bitcoins are basically digital coins that you can send through the internet.
Some advantages of bitcoins:
  1. It can be transfered through other people without a bank having involved in the transaction.
  2. The transaction fees are much lower.
  3. You can use them in any and every country.
  4. Your account (explained later) can never be frozen.
  5. No limits!
How it works:
There are several online bitcoin currency exchange where you can exchange bitcoins for money and vice versa.
Bitcoins are kept in a digital wallet on your computemobile device. coinbase.com is one of the most trustworthy online bitcoin wallet, IMO.
Sending bitcoins is as simple as sending an email, and you can purchase ANYTHING with bitcoins as long as they accept the currency.
The bitcoin software is completely open-sourced, so anyone can review the code.
Bitcoins are easy + free to setup, and there are no chargebacks!
How to obtain bitcoins:
There are two ways to obtain bitcoins:
  1. Buying them from exchanges/privately. The one that I trust the most is http://www.bitstamp.net.
  2. Mining them using applications. Miners solve math problems/bitcoin algorithms (which takes computing power) and are rewarded bitcoins for doing that. This is the one that I'm going to focus on, as it is pretty hard to grasp.
Mining bitcoins:
Using special software application, you are able to mine bitcoins. Mining means to solve math problems/bitcoin algorithms using your computing power.
Blocks are a chunk of 25 bitcoins, and if you solve one math problem you automatically get a block.
The speed of mining bitcoins is measured in Hashes/Second (KH/s, MH/s, GH/s, TH/s etc.)
The difficulty of the problems gradually increases as more bitcoins are found. Now, it is almost impossible to find bitcoin blocks by yourself, as more than 10 million bitcoins have been mined.
Using special hardware (ASIC, Application-Specific Integrated Circuit chips) that specifically is aimed to mine bitcoins increases your mining speed by a lot. You can buy these hardware anywhere online/offline. amazon.com has many ASIC hardware on sale.
But even ASIC mining can still take a long time to find a block by yourself. That's how the pooled mining began.
Pooled mining basically combines the work of many miners toward a common goal. Pool of miners find the solution of the math problems faster than individuals, and they share the block equally based on each miner's hash rate.
There are many pools right now that are pretty trustworthy, but that one that I use is triple mining: http://evilbeans124.triplemining.com
Mining bitcoins on a Mac:
This part is only dedicated on mining bitcoins for Mac users. If you're a PC user or a Linux/Ubuntu user, skip this.
  1. Go to asteroidapp.com and download the latest version of Asteroid
  2. Open Asteroid
  3. Under Mining Pool, select TripleMining
  4. Hide the application, go to whatever browser you use, and go to http://evilbeans124.triplemining.com
  5. Register for an account
  6. Under the workers tab, add a new worker (on the right side)
  7. Go back to Asteroid, and fill in your worker username + password.
  8. Start mining
  9. You're done
Mining bitcoins on a PC:
This part is only dedicated on mining bitcoins for PC users. If you're a Mac user, view above. If you're a Linux/Ubuntu user, skip this.
  1. Go to https://bitcointalk.org/?topic=3878.0 and download the latest version of GUI miner
  2. Open GUI miner
  3. Select Triplemining for the server
  4. Hide the application, go to whatever browser you use, and go to http://evilbeans124.triplemining.com
  5. Register for an account
  6. Under the workers tab, add a new worker (on the right side)
  7. Go back to GUI miner, enter in your worker username/password
  8. If you have any hardware, then select them in the device tab. If not, skip this step
  9. Start mining
  10. You're done
Mining bitcoins on a Ubuntu/Linux:
This part is only dedicated on mining bitcoins for Linux/Ubuntu users. If you're a Mac or PC user, view above.
Unfortunately, I have no experience in how to install any miner on Linux. The following website does however, so just follow it
http://www.distrogeeks.com/install-cgminer-3-7-2-ubuntu/
The end
I think I covered most of the points on bitcoins. However, if there is any mistakes/stuff that I should add, please put a comment below or PM me! It will be greatly valued!
I spent sometime doing this, so some donation will be very appreciated. My bitcoin address is on my signature.
Credits to bitcoin.com, bitcoinmining.com, triplemining.com/help, http://www.distrogeeks.com/install-cgminer-3-7-2-ubuntu/
Helpful? Considering mining in my pool: http://evilbeans124.triplemining.com (PM me if you STILL don't know how to mine bitcoins) Tip me at: http://evilbeans124.tip.me
submitted by evilbeans124 to Bitcoin [link] [comments]

iwtwe's Total Noob Starting Guide. much noob..such help...very inform...wow

NOTE for seasoned miners, if I have made a mistake or if there is an easier way of configuring the miners or if I left something out, please do not hesitate to contact me about it so that I can edit this post accordingly. Let's help new people out so that the community will continue to grow! many thanks...wow
Hey you. Yes you with the eyes. Are you new to the world of crypto coin mining? Have no idea what a dogecoin is? Want to start mining dogecoins today and just can't seem to figure it out or get it to work?
Well have I got much help for you! About a week ago, I finally started mining after two painful days of trying to get it to work. Basically, I was a total noob and didn't really understand anything about mining in general. Because of the joy mining has brought me so far I am writing this guide to hopefully help out new members or other total noobs.
It's safe to say I've been bitten by the dogecoin bug. I started out with a measly 50 khash/sec and made approximately 10 coins in 12 hours. * My reaction when I finally got my miner to work * Reaction cont.
Now I'm up to 500 khash/sec after figuring out all the 'nuts and bolts' of mining. wow...such optimization...many hash
I'll break this guide down into three categories: Detailed Info, CGMiner Config for AMD Cards, and lastly, CUDAMiner for Nvidia cards.
Detailed Info very words....wow
A dogecoin is a type of crypto currency that is traded against bitcoins in a crypto currency marketplace.
You can earn dogecoins by contributing hashes (computing power) to a mining pool to help find a block.
There are a certain amount of dogecoins that will be released. These coins are released in the form of a block ranging in quantity of 1-1,000,000 doge coins. It is worth noting that the total quantity of coins per block will soon be halved to just 500,000.
Things you will need to mine: * dogecoin wallet * computer with a GPU * an account with a mining pool * a worker for the mining pool * mining software
1) [http://dogecoin.com](Download the doge coin wallet and install it)
2) Turn off your computer's anti-virus software and allow the dogecoin wallet through your fire wall. *VERY IMPORTANT
3) Run the dogecoin wallet and let it sync with the network. It is important to note that this can take a short amount of time or even up to 12 hours to complete. Just be patient. Use that time to research mining more.

Once your wallet has synced with the network, it is time to sign up with a mining pool. Think of a mining pool as a virtual supercomputer that is made up of many smaller computers connected together. This pool or 'super computer' allows for greater processing power. More processing power = greater chance of the pool finding a block.

Finding a pool
"Dear shibes!
Be careful when running Java and/or entering the usepass on sites. There are phishing sites out there that imitate other pools to steal your data.
When accessing a mining pool, DO NOT follow any redirects, always access the site directly and check the URL. For extra security, make sure you're using https://
Don't run Java!" <--- not my words, but very good warning to take into consideration
1) Perform a quick google search or use the links in the side bar to find a pool!
2) For this example I will be using https://fast-pool.com/index.php (I in no way, shape, or form endorse this particular pool. It was the first one I clicked. Feel free to use any pool you want, as the sites are all the same.)
3) You're going to want to click "Sign Up" in the menu on the left of the page. After clicking, sign up for an account.
4) After signing up for an account, log into your account. (For the sake of my example my mining pool site username will be "Shibe")
5) Now we will create a pool worker. Click "My Workers" in the menu on the left side of the page.
6) Choose a worker name and worker password and click submit. *NOTE THE WORKER NAME IS NOT THE SAME AS YOUR ACCOUNT USERNAME
7) For the sake of the example my workers name is "worker1" and the password is "x". *Note capitalization matters so don't forget it.
Now we will download a mining software and configure it to mine.
Before we do that I want to clarify what the info we will be using to configure our miner is.
1) Click "Getting Started"
In my example pool under getting started you will see this in "Step 3":
  1. Configure your miner.
    Settings for Stratum (recommended): STRATUM: stratum+tcp://fast-pool.com PORT: 3336 Username: Weblogin.Worker Password: Worker Password
If you use a command-line miner, type:
./cgminer --scrypt -o stratum+tcp://fast-pool.com:3336 -u Weblogin.Worker -p Worker password
The above explained:
Final Step Regarding Mining Pools
We need to add our payment address to our mining pool account so that we can receive the dogecoins we help mine.
1) Click "Edit Account" on the menu on the left side of the page.
2) Scroll down until you see "PAYMENT ADDRESS".
3) Minimize the webpage and go to your doge coin wallet.
4) In your dogecoin wallet click the "Much Receive" tab.
5) You will see the Label "Default" with an "Address" composed of a long random string of letters and numbers.
6) Right-click that string of random numbers and letters and select "copy address".
7) Maximize the pools webpage again and paste that address into "PAYMENT ADDRESS".
8) Enter you pin and click "Update Account".
WE'RE NOW READY TO DOWNLOAD A MINER such hooray....many celebrate
IF YOU HAVE AN AMD CARD, THIS SECTION IS FOR YOU!
*Note AMD cards are much better for mining than Nvidia. It's just the way it is!
We will be using cgminer to mine dogecoins with our AMD cards.
While there are newer versions of cgminer avaliable you're going to want to download cgminer version 3.7.2 because any higher versions do not support GPU mining.
1) Make sure your AMD drivers are up to date.
2) This version of cgminer is now only available on gitub at this url. The option to download the zip file in on the bottom left right side column.
3) After downloading the file, extract its contents to a folder on your desktop.
4) Before we do that go to Control Panel Folder Options View select "Show hidden files, folders, and drives" and click apply.
BEFORE YOU TRY THE BELOW, RUN THE APPLICATION AND INPUT THE SERVER URL:PORT (stratum+tcp://fast-pool.com:3336) "enter" USERNAME (Shibe.worker1) "enter" and PASSWORD (x) "enter".
*If the application runs without giving you errors hit the [S] and select "create config file" and hit enter.
5) If that didn't work, we will make a .conf file that allows cgminer to run correctly.
6) Now go to the folder you extracted cgminer into.
7) Right-click anywhere in the folder and select "New" Text document.
8) Right-click the new text document you just created and select "Edit".
9) Copy and paste the following into that new text document leaving no space at the top and enter the appropriate pool information accordingly. Noticed I used my STRATUM info from my example.
IF YOU HAVE ONLY ONE GPU USE THE BELOW
{ "pools" : [ { "url" : "stratum+tcp://fast-pool.com:3336", "user" : "Shibe.worker1", "pass" : "x" } ] , "intensity" : "10", "vectors" : "1", "worksize" : "256", "kernel" : "scrypt", "lookup-gap" : "0", "thread-concurrency" : "0", "shaders" : "0", "gpu-engine" : "0-0", "gpu-fan" : "0-0", "gpu-memclock" : "0", "gpu-memdiff" : "0", "gpu-powertune" : "0", "gpu-vddc" : "0.000", "temp-cutoff" : "95", "temp-overheat" : "0", "temp-target" : "0", "api-mcast-port" : "4028", "api-port" : "4028", "expiry" : "120", "gpu-dyninterval" : "7", "gpu-platform" : "0", "gpu-threads" : "1", "hotplug" : "5", "log" : "5", "no-pool-disable" : true, "queue" : "0", "scan-time" : "30", "scrypt" : true,
IF YOU HAVE TWO GPU's IN CROSSFIRE USE THE BELOW CODE
{ "pools" : [ { "url" : "stratum+tcp://fast-pool.com:3336", "user" : "Shibe.worker1", "pass" : "x" } ] , "intensity" : "10,10", "vectors" : "1,1", "worksize" : "256,256", "kernel" : "scrypt,scrypt", "lookup-gap" : "0,0", "thread-concurrency" : "0,0", "shaders" : "0,0", "gpu-engine" : "0-0,0-0", "gpu-fan" : "0-0,0-0", "gpu-memclock" : "0,0", "gpu-memdiff" : "0,0", "gpu-powertune" : "0,0", "gpu-vddc" : "0.000,0.000", "temp-cutoff" : "95,95", "temp-overheat" : "0,0", "temp-target" : "0,0", "api-mcast-port" : "4028", "api-port" : "4028", "expiry" : "120", "gpu-dyninterval" : "7", "gpu-platform" : "0", "gpu-threads" : "1", "hotplug" : "5", "log" : "5", "no-pool-disable" : true, "queue" : "0", "scan-time" : "30", "scrypt" : true, "temp-hysteresis" : "3", "shares" : "0", "kernel-path" : "/uslocal/bin" }
10) Click save-as Save as type, "All files" and rename the document to: cgminer.conf
11) Click save and run program.
12) If it still doesn't work try changing the intensity to a lower number or changing the workspace value to 64.
Everything should work now. If I have made any errors or if there are easier ways of doing this please let me know so that I can edit this. This is just what worked for me.
IF YOU HAVE A NVIDIA CARD THIS SECTION IS FOR YOU!
Before we do anything, go to Control Panel Folder Options View select "Show hidden files, folders, and drives" and click apply.
We will be using Cudaminer version 2013-07-13 https://mega.co.nz/#!hVREmSKA!VaGCdh3Ykfp-e8IOTFWaEXJGMa1JNVqPcdxawkCPRSE
1) Download Cudaminer version 2013-07-13 from that link and extract the contents to a folder on the desktop.
2) Open that folder and look for the Application.
3) When you've found the location of the Application it's-self you're going to right-click anywhere in the folder and select "New" Text document.
8) Right-click the new text document you just created and select "Edit".
9) Copy and paste this to the top line of the blank text document leaving no space in front and input the appropriate url, username and password from whatever pool you use. (I will be using my example pool info stated earlier in this post):
cudaminer.exe -o stratum+tcp://fast-pool.com:3336 -u Shibe.worker1 -p x
10) Click save-as Save as type, "All files" and rename the document to: Launch.bat
11) Click save.
12) Double click the Launch.bat file you just created to run the program.
13) Wait for the program to auto-tune your settings and then it will start mining automatically.
Everything should work now. If I have made any errors or if there are easier ways of doing this please let me know so that I can edit this. This is just what worked for me.
submitted by iwtwe to dogecoin [link] [comments]

Informative post about Feathercoin

Seeing how this Subreddit is lacking any sort of info on Feathercoins and the lack of community support we have, I have decided to start a post that would inform newbies about Feathercoin and seasoned vets on the best places to trade.
Feathercoin:
It is a Crypto Currency that was started by Peter Bushnell. It is a clone of Litecoin (This coin was inspired by Bitcoin). The Feathercoin network generates coins at a decreasing rate. It will generate about 336 million coins which is 16 times more than that of Bitcoin and 4 times more than that of Litecoin. Currently about 25 million coins have been generated.
Network hashrates, Pools, Solo mining:
Currently a mid end system comprising of 7870 or 7970 will get you abot 400 to 700 kh/s. That means that in a given day you will be mining about 7 to 13 Feathercoins on current difficulty level. However If you mine alone that is solo mining, the probability of you finding a block is hard and it may take a while before you make a coin. To counter this people have started making pools to increase the chances of finding blocks. There are many pools that allow you to have multiple workers so you can setup multiple systems and mine at your leisure. Currently some of the popular pools are:
http://www.fcpool.com/
http://give-me-coins.com/
http://www.wemineftc.com/
http://fc.ltcoin.net/
https://ftc.d2.cc/
For a full list of mining pools: http://coinpools.sdfg.org/ftc
It is highly recommended to join a pool to make mining profitable. Look at the pools posted above, look at their fee structure, their payout and make an informed decision on which pool to join.
Hardware and Mining:
Feathercoin utilizes scrypt based mining that is you can use your GPU (the Graphics card inside your system) to mine them. AMD Cards are highly recommended as they output higher hashrates as compared to Nvidia. To give you an idea of the difference a 7870 ghz edition mines at about 375 kh/s whereas a Nvidia 780ti would mine at about 224 to 300 kh/s. If you are seriously considering in investing in this venture it would be best to buy a rig that supports 6 GPU's and buy either the 7950 or the 280x as they have considerably higher hash rates and are affordable to say the least. Something one should be aware of is that mining produces a lot of heat as your system is basically running at full capacity and therefore needs a lot of cooling. People usually build rigs in the open (no case) and use household fans to cool them. Also another thing that is common is to use PCIe risers as they allow greater spacing between GPU cards and effectively help in dissipating heat. Mining uses a lot of electricity so it is best to use a schedule to mine or if electricity is cheap then 6 7950's running 24 hours a day would cost you about 12 to 18 dollars in electricity a month, maybe more depending on where you live. The software to use for mining are Cgminer (https://litecointalk.org/index.php?topic=6925.0), guiminer scrypt (http://forum.feathercoin.com/index.php?topic=961.0) and cudaminer for Nvidia cards. I would advise against Cpu mining as that is not profitable and will simply weigh you down. Invest 250 to 350 dollars in a good AMD GPU and you will be mining much more effectively.
Trading:
There are many places where one can trade Feathercoins but only a few of them offer FTC/USD exchange. Btc-e (https://btc-e.com/exchange/ftc_btc). Is one of the biggest cryptocoin trading exchanges, it does not offer USD exchange for Feathercoins as of yet but allows you to exchange for Bitcoins. Crypto-trade (https://www.crypto-trade.com/trade/ftc_btc), this trading exchange allows you to trade against the USD making it more favourable to miners however there is currently a lack of volume for FTC as of writing. Other exchanges like Cryptsy, Bter and coins-e are all good but they are heavily dependent on Bitcoins and Litecoins for now.
My thoughts
Feathercoin is fairly new and its gaining momentum, once big exchanges start listing it against the USD, the venture will become more profitable. For now it is advisable to mine as many as you can and sit on them till value improves or if you have a mining rig that is mining at 22000 kh/s (this will get you about 500 feathercoins a day) then mine the shit out of them and trade them for Btc for profit although I would recommend against this as it it reduces the value of feathercoin. Many exchanges allow you to deposit money via international wire transfers however the minimum is 2000 dollars so keep that in mind before investing real money into this venture. There are alternatives like paypal and okpay that are also accepted but not a lot of people have accounts on those so signup for a website that suits your situation.
One last ting we all need to do is spread awareness about Feathercoin, It is a miners coin and the difficulty right now makes it so much more interesting to mine. I will update this page with more information and will answer questions if any to the best of my knowledge. Happy mining
My FTC wallet deposit thingy address : 6v1VuL41xGuLG1Bd8usJsuUEkZyac8jKbe
EDIT : I realized some of you might have NVIDIA GPU's and are hesitant on getting AMD. Never fear for there is a solution. If you have a motherboard that supports two or more GPU's that is you have more than one PCIe slots than follow these instructions:
If you intend to game on your system while you are mining then put the NVIDIA card in PCI slot one and buy an AMD card and put it in slot 2. Now install the drivers in the order Nvidia first reboot and then Amd second reboot. You do not need to plug in HDMI to your AMD card just leave it as it is. Now download gpu miner scrypt and select from the list your AMD card and start mining, its that easy. At night if you want to squeeze in more kh/s then run cudaminer and let it mine alongside your AMD. The best part about this is that you can be mining 24/7 on your AMD card and you will not experience any system slow down while gaming or watching movies. Remember to have atleast two workers workers created so you can mine parallel. If you already have an NVIDIA card then just install your AMD card and install AMD drivers and reboot and run guiminer scrypt. At times you might run into the issue of guiminer not starting, just delete it and re install it and it should work fine in 98% of the cases. This is for those who do not want to invest in a completely new system and would rather use their existing system. You can use cgminer as well but remember the order in cgminer starts from 0 not 1 so if NVIDIA is in slot 1 then it is -d0 -g0 and AMD will be -d1 -g1
submitted by motherlode1 to FeatherCOin [link] [comments]

[modpost] Possible wiki page, something I call "All about miners," covering things from basic terminology to miner config files and overclocking.

What is a miner?
A miner is a computer set up to solve cryptographic hashes in the litecoin network. Once a clump of these hashes, or a block, is mined, litecoins pop out! It's like opening a box of chocolates, except you know what you're gonna get :) Miners also handle transaction confirmations, making sure no single coin is double-spent.
Setting up your computer to be a miner
What kind of computer do I need?
Optimally, you'd have a good power supply and a couple decent Radeon/ATI/AMD graphics cards. Because of litecoin's hash algorithm, the gap between mining with graphics cards and processors is less than with most other cryptocurrencies, meaning that mining with some desktop processors may be worth it after electricity costs. Note that mining with laptops is not recommended because of the heat generated by mining, and mining with NVIDIA graphics cards may not be worth the cost.
How do I know if litecoin mining will be profitable for me?
First, check how fast you'll be mining with your hardware, how many litecoins you'll mine in a day, and how much litecoins are worth. Now, multiply the number of litecoins per day by their worth. Then, find out the power draw of your hardware, and calculate energy cost. Then finish by subtract energy cost from your daily earnings. If your number is positive, you're making that much money per day. If negative, you're losing money.
Keep in mind that the worth of litecoins goes up/down, and you have to earn the cost of your hardware before you churn a profit. Mining difficulty also goes up/down, depending on how many people are mining how fast in relation to how many litecoins are supposed to be generated how fast. See the economics(coming soon) post for more info.
Okay, I did all that. How do I start?
All you have to do is download a program and change some settings (later in the guide), and you're ready to go. If you're comfortable with configurations and the command line, Reaper and cgminer are your best friends. Otherwise, GUIMiner-scrypt is right for you. If you want to mine on your processor, download the "batteries included" miner via this link and setup should be relatively self-explanatory.
Do I mine alone?
Due to the difficulty of mining, we recommend that you mine with a pool where multiple people mine together. Visit your pool's about or help page for proper miner settings, which we're about to get to in-depth!
Under the hood
Configuring your miner (aka the hard part)
Before we get started, you should become familiar with these terms:
None of those will have any affect on how fast you mine. The settings that we'll be focusing on are:
If you're using GUIMiner-scrypt, there are default settings for different cards (lower right dropdown). I'm mining on a 7870. Here is what it looks like for me. You can follow along with the rest of this guide to optimize your settings. GUIMiner-scrypt is just a GUI to cgminer and reaper anyways.
If you are using a command-line miner, like reaper and cgminer, I recommend you download and isntall Notepad++ or SublimeText if on Linux.
Reaper is currently considered to be the best tool for mining. After you unzip your downloaded file, in the folder you'll find reaper.conf. It should look something like this:
kernel reaper.cl save_binaries yes enable_graceful_shutdown no long_polling yes platform 0 device 0 #mine bitcoin mine litecoin #mine solidcoin 
This will make it mine litecoin on your first graphics card and reference litecoin.conf, which for me looks like
host us-pool.give-me-ltc.com port 8080 user poolusername.1 pass anything protocol litecoin worksize 256 vectors 1 aggression 18 threads_per_gpu 1 sharethreads 32 lookup_gap 2 gpu_thread_concurrency 15380 
As you see, my thread concurrency is slightly different from the default of GUIMiner-scrypt. I found that this concurrency gives me the best hashrate!
NOTE: I do not use cgminer to mine litecoin. If you plan on using cgminer, which offers more hardware-controlling settings, in the cgminer folder you will want to create a text file. Then, open that text file w/ Notepad++ or SublimeText, then Save As > cgminer.con > file type > all. This will save the file with the proper name and as the proper type. Note that cgminer does not support high concurrencies. For me, cgminer.conf would look something like:
{ "pools" : [ { "url" : "XXX", "user" : "XXX", "pass" : "XXX" } ], "auto-fan" : true, "gpu-engine" : "920", "gpu-fan" : "0-100", "gpu-memclock" : "1375", "gpu-powertune" : "20", "gpu-vddc" : "1.219", "temp-cutoff" : "85", "temp-overheat" : "80", "temp-target" : "75", "temp-hysteresis" : "3", "kernel" : "scrypt", "gputhreads" : "1", "thread_concurrency": "8192", "worksize": "256", "intensity" : "dynamic", "vectors" : "1" } 
You saw some settings similar to what we saw in Reaper's litecoin.conf. The other settings have to do with my card's clocks, voltage, and fan. This is covered in the overclocking section right below!
Overclocking (aka the risky part)
Okay, first off I'm not responsible if you cause damage to your parts. Please research safe overclock settings for your card. Second, don't be afraid. Modern hardware has many safety features in place that help prevent mayhem like me...lol jk this isn't a car insurance add. For your better understanding, become familiar with these terms:
No one setting controls how effectively you mine; what matters most when it comes to clocks is the ratio between your core/memory clocks. Generally, a ratio of 0.7 or below is best. You will need to experiment. If you're using cgminer, you can control card settings from the conf file. However, if you aren't, I recommend using MSI Afterburner as your overclocking tool. You will need to unlock some settings. Using my cgminer settings, MSI Afterburner looks like this. I have found these settings to be the most stable while bringing me a high hashrate.
Other people's optimum settings
You can check the sidebar for the hardware comparison chart, but it is rarely updated and has huge sways in results. It is a good starting place. The mods of this subreddit will be putting together an updated, more accurate list in the near future.
END
I hope all things go smoothly for you and that you've learned a lot! Please consider donating LTC to
My wallet: LiD41gjLjT5JL2hfVz8X4SRm27T3wQqzjk
The writer of the [Consolidated Litecoin Mining Guide] which helped get me started
The writer of the [Absolute Beginner's Litecoin Mining Guide] which also helped me get started
submitted by mycomputerisbacon to litecoinmining [link] [comments]

Mjollnircoin is released! A new open-source peer-to-peer crypto currency. Ultra-secure, Fast Transactions & ASIC resistant Crypto currency

Today we have released Mjollnircoin , a decentralized digital currency that enables instant payments to anyone in the world; it is a lite version of Bitcoin using a redundant cryptographic function as a proof-of-work algorithm. Mjollnircoin is a people's currency, intended to be efficiently mined with consumer-grade hardware. It is ultra secure, ASIC resistant, Multipool resistant and rare with a total number of 42 million mjollnircoins.
Mjollnircoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of mjollnircoins is carried out collectively by the network. There is no concept of ownership (nobody controls or owns the Mjollnircoin network) and there are no restrictions on who can take part.
Specification
For Windows, Mac OX and Ubuntu there are wallets available at http://brokkir.github.io/mjollnircoin/wallet.html. The source code of Mjollnircoin and related projects is at https://github.com/brokkir
Pools
Miners
Social
Exchange
First Announced in https://bitcointalk.org/index.php?topic=577437.0
submitted by Mjollnircoin to Mjollnircoin [link] [comments]

Mining Instructions Made Simple

© Author - Henry - 11 April 2014. All rights reserved.
If you are interested in mining crypto currencies, here are the settings for bfgminer (3.10.0), cgminer (3.7.2), cudaminer (2013-12-01), and cpuminer (2.3.2) for Windows OS. Of course, these settings are for pool mining.
Steps: • Download and Install Wallet - Bitcoin, litecoin, dogecoin, peercoin etc. on your regular PC. • Encrypt and backup Wallet - get in the habit of backing up your wallet. • Join a mining pool of your choice. • Create pool worker at your mining pool site. • Acquire or build mining machine - pay attention to specs, power supply, graphics card etc. • Download and Install mining software - bfgminer, cgminer, etc. • Configure your mining worker - See detailed configuration below. • Mine away.
It's always easier to do the configurations below in a batch file because you could then create a shortcut for them in your startup folder. However, here are both the command line entries and the batch file entries. The timeout instruction in the batch file is used to delay the program for a number of seconds. Therefore, you can vary the time to what suits you or leave it out all together. Remember to replace the personal information portion of the commands.
Cgminer configuration - Scrypt mining dogecoin with fast-pool pool (GPU mining)
cgminer --scrypt -o stratum+tcp://stratum.fast-pool.com:3001 -u mloverboyu.1 -p x --thread-concurrency 8192 -I 13 -g 1 -w 256 • You may vary threaded-concurrency and -I (intensity) depending on your hardware.
Batch File:
@echo off timeout /t 240 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 cd "c:\users\harry\desktop\cgminer-3.7.2-windows" cgminer --scrypt -o stratum+tcp://stratum.fast-pool.com:3001 -u mloverboyu.1 -p x --thread-concurrency 8192 -I 13 -g 1 -w 256
Cpuminer configuration - Scrypt mining dogecoin with dogepool pool (CPU mining)
minerd.exe --algo=scrypt --url=stratum+tcp://us.dogepool.net:2222 --userpass=mloverboyu.1:x --threads=8 • The number of threads equals the number of cores the processor has.
Batch File:
@echo off timeout /t 180 cd "c:\users\harry\desktop\pooler-cpuminer-2.3.3-win64" minerd.exe --algo=scrypt --url=stratum+tcp://us.dogepool.net:2222 --userpass=mloverboyu.1:x --threads=8
Bfgminer configuration - SHA256 mining bitcoin with btcguild pool (ASIC - Block Erupters)
Using ASICS require the Download and Installation of CP210x_VCP_Windows program. This program assigns COM ports to each device. You then need to use the assigned COM ports to form part of your configuration as shown below. You may also need to edit each COM port under device management and change the bit per second rate to match 115200 through Properties - Port Settings.
bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13
Batch File:
@echo off timeout /t 300 cd "c:\users\harry\desktop\bfgminer-3.10.0-win64" bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13
Bfgminer configuration - SHA256 mining bitcoin with btcguild pool (ASIC - Antminer U1)
The specs for overclocking these devices are: 1.6G=x0781 1.8G=x0881 2.0G=x0981 2.2G=x0A81
bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S antminer:all --set-device antminer:clock=x0981
Batch File:
@echo off timeout /t 300 cd "c:\users\harry\desktop\bfgminer-3.10.0-win64" bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S antminer:all --set-device antminer:clock=x0981
Bfgminer configuration - SHA256 mining peercoin with ecoining pool (ASIC - Block Erupters and Antminer U1 used together)
bfgminer.exe -o stratum+tcp://peercoin.ecoining.com:3336 -u mloverboyu.1 -p x --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM10 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13 -S antminer:all --set-device antminer:clocl=x0981
Batch File:
@echo off timeout /t 300 cd "c:\users\harry\desktop\bfgminer-3.10.0-win64" bfgminer.exe -o stratum+tcp://peercoin.ecoining.com:3336 -u mloverboyu.1 -p x --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM10 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13 -S antminer:all --set-device antminer:clocl=x0981
Cudaminer configuration - Scrypt mining litecoin with wemineltc pool (GPU - NVIDIA)
cudaminer.exe -o stratum+tcp://world.wemineltc.com:3335 -O mloverboyu.1:x
Batch File:
@echo off timeout /t 25 cd\cudaminer64 cudaminer.exe -o stratum+tcp://world.wemineltc.com:3335 -O mloverboyu.1:x
Of course, many other choices exist but you get the picture and these simple steps are more than a basic start. No one else has done it and I'm doing it here for free. So if you wish you may donate to any one of the following addresses. Big thank you.
Bitcoin 13aGKge6HiEd3NV6iaguP79RnKK653JxC9 Dogecoin DQBgjx7sJtLbQqogsEDpTsRJCv2eFCFX9d Litecoin LcdrZdxieYykwn3xUHHAs8NFb8WkyhT8pk Namecoin N7TepHhY5vkgE5zx1ch2d7kPE1hnZfmXGM Peercoin PXRkNKSbF8vHiSkRGoFp2hhNsvjXgXkVZL
submitted by henryb2000 to Bitcoin [link] [comments]

Unable to mine

so i tried GUIMINER, didn't work, cgminer, didn't work either, i did cpu miner, and it seemed to be working, but at such a low value that the pool didn't recognize it then tried another miner again with no results, went back to cg miner and it did this and stays like that only showing me there are blocks available and doing nothing about it. , tried scrypting downloading different versions, still the same, now i cant mine at all, I didn't have this problem before with bitcoins, we know the future is doge, so no going back to bitcoins.
Please help... i want doge... such trubble
UPDATE: fixed script now it wont launch... please help :(
EDIT: added extra info
submitted by Jmagouz to dogemining [link] [comments]

Eobot.com FAQ

FAQ https://www.eobot.com/new.aspx?referid=94984
General Questions What is a Bitcoin? Good question; see www.bitcoin.org for more information.
What are your options to withdraw? We currently only allow withdrawals in BTC/LTC/BC/NMC/DOGE/XRP/DRK/RDD/BTS/CURE/PPC/NXT/SYS.
Why can't I deposit or withdraw "real currency", aka fiat (USD/EUJPY/GBP/CNY/RUB/etc.)? Due to international law, we do not allow you to deposit or withdraw fiat currencies. In the USA, there are MSB and FinCen regulations; in Europe, certain countries have banned cryptocurrencies, and in China, the banks aren't allowed to transfer cryptocurrencies. The laws may change in the future.
Why does my "Total Cryptocurrency Value" go down? This is because that display is tied to the exchange rates on other websites. Also see this user generated YouTube video for more information: https://www.youtube.com/watch?v=GucqlMuIXMg
Are their any fees to join or monthly fees? No fees.
Do you speak Spanish/Russian/Chinese? No, only English, but Google Translator works well.
What are the maximums/minimums for withdrawing? There are no maximums. The minimums are small, see the withdraw page for details.
Where can I see the terms and conditions? Please click here for terms and conditions.
Where can I see the privacy policy? Please click here for privacy policy.
Are you hiring? We are always looking for quality talent. If you would like to contribute, then please send your cover letter and resume to [email protected].
Do you have a bug bounty program? Yes, we pay for bugs, so contact us for details or visit us at CrowdCurity.com and submit bugs there!
Do you perform off-chain transactions? No we do not. All cryptocurrencies are sent, usually including miner fees, and can be seen on the blockchain for that respective cryptocurrency. This helps secure the network, makes our transactions transparent, provides an easier way to debug and track down coins, and reduces the chance for fraud. An off-chain transaction would be like what Coinbase could do if both users are Coinbase users and they change coins from one email to another, mark it in the database, and Bitcoin is never actually sent from one wallet to another.
Why does my balance reset after refreshing the page or changing cryptocurrencies? The server updates every 60 seconds and the balances you see updating in real-time are performed with Javascript. If you change pages quickly, or choose a new cryptocurrency, then it will look like it is resetting. However nothign is lost, as whatever cryptocurrency it is set at when the server updates will get the past 60 seconds of mining results.
Help! My account was hacked and withdraws are being made? Eobot is a secure site and has never been compromised. If your account was hacked, then you should change your password, turn on 2FA, and turn on email notifications. There are many unscrupulous Bitcoin sites, and most likely, you used the same password on another site. Never re-use passwords!
Do you have any wallpapers? Yes, you can download wallpaper1 or wallpaper2. Feel free to send us your own creations.
What does Eobot stand for? We have heard everything, let us know your favorite, including: Earn Online Bot, Earn Online Bitcoins Online Tool, Earn Online By Our Tech.
Is this legal? We cannot provide legal advice; make sure cryptocurrencies are legal in your jurisdiction before continuing to use Eobot.
Cloud Mining Questions What are the Cloud Mining fees? For electricity and maintenance, we currently charge a fee of 65% for SHA-256 and 65% for Scrypt. These values will change as difficulty increases, exchange rates change, and newer ASICs come online. These fees are better than our competitors, for instance CEX.IO charges $0.105 per GHS, which is a 81% fee! While GAW charges a 96% fee at current prices!
How long are the Cloud Mining rentals and contracts? Prior to October 11 2014, GHS/KHS contracts had no expiration. Old contracts are not affected. New contracts and rentals, mined or purchased after October 11 2014, are now limited in term for 5 years going forward. See your History tab for expiration dates.
Can I sell my Cloud Mining? No, you cannot sell the cloud shares at this time. This is because we own the hardware and do not want to be stuck if everyone decides to sell at once.
Can I buy Cloud Mining with credit card/USD? Yes, but please keep in mind you cannot sell or convert the Cloud Mining.
Can I buy Cloud Mining with cryptocurrency? Yes, deposit the cryptocurrency and then convert it to your choice of Cloud Mining.
What are the maximums/minimums when making a credit card purchase to buy Cloud Mining? The minimum is 1.0 GHS and 10.0 KHS and there is no maximum at this time.
Can I buy a Cloud Mining that mines in Scrypt? You can use the Cloud Mining SHA-256 hashing power to mine other currencies by automatically converting them as you mine, but the earnings will still be tied to SHA-256/Bitcoin difficulty, not Scrypt/Litecoin difficulty.
What is the difference between Cloud Mining SHA-256 and Cloud Mining Scrypt? One is tied to the difficulty in mining SHA-256 cryptocurrency (Bitcoin) and the other is tied to the difficulty in mining Scrypt cryptocurrency (Litecoin). This means that if history is any indication of the future, then the Cloud Mining Scrypt won't decrease as fast as the Cloud Mining SHA-256.
What does 1 instance of Cloud Mining SHA-256 and Cloud Mining Scrypt equal? 1 of Cloud SHA-256 equates to 1.0 GHS of SHA-256 mining power, while 1 of Cloud Scrypt equates to 1 KHS of Scrypt mining power.
Can I change the pool that my Cloud mines on? No, you cannot; this may change in the future.
What hardware is behind the Cloud Mining? The hardware varies from custom ASICs to GPUs. The ASICs are behind the SHA-256 and the GPUs are behind the Scrypt.
Can I RDP (remote desktop) into my Cloud Mining? No, you cannot at this time; we will run the servers for you.
What is the Cloud Mining Pre-Order? These are the same as the other Cloud Mining, but they will start mining on a later date. For instance, a Cloud Mining Pre-Order October 2014 will start mining on October 1, 2014.
Software/Miner Questions Why is it stuck on "initializing...please wait 5 minutes"? We recently changed our Scrypt pool, so this messge will show and the stats and speed won't show under your account. See pool info page for more info.
Why does it show as a trojan/virus? This is a false-positive that many of the popular antivirus programs report. For now you can ignore it, or try another free antivirus, like Microsoft Security Essentials. Hackers use something similar programs to make money off of people's computers, so that is why it shows up as a virus.
Why does Chrome block the download as malicious? This is another false-positive. Simply, go to your Chrome settings, scroll to the bottom and click on "Show Advanced Settings". Go to the Privacy section and uncheck "Enable phishing and malware protection". You will only do this temporarily. Then proceed to download our software. Then return to your privacy settings and recheck Enable Phishing to further protect you.
Do you have a Mac or Linux version? Yes, see the Pool Info under the Account page.
How do I use cgminer? See this English PDF tutorial for cgminer, or Spanish version, created by one of our members, for a simple walk-through.
How can I increase the speed? Important to increase speed: The default cgminer settings do not include hardware specific flags, which you may find here in the Litecoin Mining Hardware Comparison. Failing to use the proper flags can result in performance decreases in excess of 50%.
What do the intensity settings relate to? This is the same as cgminer flag --intensity. Low is 11, normal is none, high is 15, very high is 17, extreme is 19.
Can I use one account for multiple computers on same IP address? Yes, it will add your speed/rates together, you can use as many computers as you want.
Can I connect to the pool manually, through cgminer or bfgminer? Yes, see the Pool Info under the Account page.
Do you use Bitcoin and Litecoin? Yes, we are the easiest miner to use with BTC and LTC and convert on the backend automatically.
What do you use on the backend? We use cgminer, bfgminer, pooler's CPU miner, and a variety of pools.
Can I mine any cryptocurrency? Yes, regardless if you use SHA-256 or Scrypt (BTC vs LTC mode), you can earn and mine any cryptocurrency.
Can I use an ASIC? Yes, simply choose the option and run as GPU mode. Devices that work with bfgminer will work, for instance USB Block Eruptors or Butterfly Labs ASICs. You can also contact us for pool information for other ASICs.
What is the best graphics card/computer to buy? Either use a high end ATI Radeon card, or buy one of the USB Block Eruptor devices on Ebay/Amazon or a similar online store.
What drivers do I need for USB mode? http://www.silabs.com/products/mcu/Pages/USBtoUARTBridgeVCPDrivers.aspx
Why doesn't GPU mode work? You may need to download the OpenCL drivers; get them from here: http://developer.nvidia.com/opencl
Where can I get the .NET framework? Try Windows Update, or use Microsoft Web Platform Installer.
Can I use a proxy server? Yes, edit intensity.txt and put the details in there, for example, add "--proxy=http://mycompany-http-proxy:8080"
Where can I download the software? Download from link here
Can I use custom flags/change intensity? Yes, you can put in whatever custom flags/parameters/arguments you want. Edit the "resources/intensity.txt" file. Put in whatever you want, like for GPU mode: "--intensity 12 --shaders 1024" or for CPU mode (number of threads): "-t 32"
submitted by KryptosBit to Bitcoin [link] [comments]

GUIDE: Coin launches and being prepared.

New CryptoCoin launch preperation guide;
I've created this short guide for new users who want to jump in on the mining of a newly launched coins. Being prepared and getting on the network immediately will lead to you finding the earliest blocks (some coins have block rewards that are higher in the beginning)
Step One - Prepare the Data/Wallet directory
The first step in this guide will be to setup the directory that will hold your wallet data, config file and blockchain store. We want to set this up first so we can immediately start solo mining without screwing around with settings that are common across all CryptoCoin wallets.
Windows 7/8; C:\Users\YOURUSERNAME\Appdata\Roaming\COIN_NAME
Windows XP; C:\Documents and Settings\YOURUSERNAME\Appdata\Roaming\COIN_NAME
Linux; ~/.coinname/
MacOS X - ~/Library/Application Support/
Create a directory in one of the above directories that will match the name of the coin (ie: Bitcoin). In this directory we are going to make the default .conf file;
Default options listed in the COINNAME.conf will be as follows;
server=1
listen=1
daemon=1
rpcuser=YOUR_DESIRED_USER_NAME
rpcpassword=YOUR_DESIRED_PASSWORD
rpcport=NUMERIC_PORT_TO_LISTEN_ON
rpcconnect=127.0.0.1
Change the rpcport parameter to a generic port # if you plan on only having one batch file to start solo mining. WARNING, this method will interfere with mining if multiple wallets are running using the same port number. If the launch forum post lists default rpcport #s, use them instead of one generic port. (cryptocointalk/bitcointalk).
Pay attention to the original launch information forum post, adding nodes with addnode=ipaddress, can help speed up node discovery and wallet sync. You can add these options fairly quickly with a cut and paste.
If you have multiple rigs and plan to throw their hashes at the wallet if it's not on the same machine, use the .conf option rpcallowip=your.network.address.* (eg: rpcallowip=192.168.0.*).
Step Two - Create your .bat file
If you've been mining for awhile, this should be a simple step, otherwise, it is beyond this tutorial on how to fine tune your mining software.
The .bat file should only be a few lines long;
setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o http://127.0.0.1:WALLET_RPCPORT_PARAM -u YOUR_USERNAME -p YOUR_PASSWORD the_rest_of_your_miner_config_here
This is the default for scrypt mining. Always pay attention to the announcement post for specific mining options (CPU only, keccek, scrypt-n, etc).
Change the IP address in -o option to your wallet machines ip address, should be you mining from a different machine. (making sure to set the above rpcallowip= correctly)
note: adding gen=1 to your config file will automatically start the wallets internal block generation routine, by passing the need to start your mining software. Just remember to edit this option later if you run the wallet continually and do no plan to directly mine.
Step Three - Mine!
Download and install/extract wallet, run the wallet. If everything is set correctly, you should be ahead of the game and finding blocks very quickly.
If you've found this post informative, I'm never opposed to receiving gifts of Litecoin :D LXFE81zFSTkzsV1TrRCtdy781F1aiEfYHe
also: If you have any additions to this guide, please PM or comment, so that I may correct any errors I may have included.
edit: formatting.
submitted by agentneuron to CryptoCurrency [link] [comments]

p2pool set up question

Myself and some of my buddies are starting our own tiny pool that I plan on setting up through p2pool. Not a whole lot, just more of an experiment currently. We're running BitMinter currently and are all assigning our 'workers' under the same address, but are looking to switch, since I believe it might be more beneficial for us to participate in a smaller pool (or so I think - we'll find out.)
I just want to be certain that I set this up properly so that we are receiving our bitcoins appropriately:
Currently, I have run_p2pool.exe running on my desktop (192.168.1.149), with the default ports. Current parameters:
-a 1GgYw8mTRcLVzYnqWiqkSK6DAWF34jDzA7
I am running cgminer.exe on my laptop with the following parameters:
-o http://192.168.1.149:9332 -u -p
bitcoin.conf entries:
rpcuser=
rpcpassword=
server=1
In order for my friends to act as 'workers,' would they just need to run cgminer.exe with the associated parameters above? (Regardless of the networking aspect - no problems there) Or do they also need to run p2pool.exe on their own machines (meaning they would have to run the Bitcoin client themselves, along with downloading the entire block chain like I had to)?
Given the above, will all of our MH/s work be contributed to the same address/wallet? Or, is there any way for me to find out explicitly what address my work is being 'paid' to? Any help would be greatly appreciated! Thank you.
P.S. I am going to be using my desktop as my main worker, not my laptop - currently set up backwards because I started out on my PC first :)
submitted by Moonchopper to Bitcoin [link] [comments]

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