This is a quick tutorial to help you setup a Florincoin mining knot on your Windows/Ubuntu based system.
Overview of the process:
- Setting up a Florincoin wallet
- Download the Florincoin blockchain
- Join a mining pool
- Run mining script
1. Setting up a wallet
There are various wallets available ter the market, but for this tutorial wij will use the official Florincoin wallet.
Windows : Download the wallet from here or the official webpagina and install it. Run florincoin-qt.
Ubuntu : Go here and execute the shell script. To run the wallet
Two. Download the blockchain
Before downloading the blockchain we’ve got to create a florincoin.conf verkeersopstopping ter your gegevens directory. Gegevens directory can be found at the following:
Ubuntu : Navigate to .florincoin using the following steps:
If its not there yet, create .florincoin folder there. Inwards the .florincoin folder create a opstopping named florincoin.conf. This opstopping is where you have your RPC username, password, list of knots to connect to and various other settings. The following is the content of my florincoin.conf verkeersopstopping, you can copy it and makes your own switches:
When you run the wallet for the very first time it’ll prompt you to download the entire florincoin blockchain gegevens onto your local drive. This is an essential step spil you can’t make transactions without having a copy of the entire blockchain.
At the timing of writing, the size of florincoin blockchain is around 20 GB, so use a broadband connection to download it.
Alternatively you could copy the gegevens from a friend or directly download copies of the blockchain maintained by various volunteers overheen the internet.
I have hosted a copy of the blockchain here. Download it, unzip the opstopping and copy the content te your gegevens directory.
Once the blockchain gegevens has bot downloaded and synced you’ll see a green tick mark on the down-right corner. Now you have a fully functioning florincoin wallet capable of making transactions. This also acts spil a total knot on the network.
To check if your knot is running you can attempt the following:
- florincoin-cli getinfo
- netstat -plnt : This will also give you information regarding the ports the knot is running on.
Trio. Join a mining pool
There are two ways you can go when you want to mine for crypto-currencies
It can be helpful to think of mining pools spil joining a lottery syndicate — the pros and cons are exactly the same. Going solo means you get to keep the total prizes of your efforts, but accepting diminished odds of being successful. Conversely, joining a pool means that the members, spil a entire, will have a much larger chance of solving a block, but the prize will be split inbetween all pool members, based on the number of ‘shares’ earned.
Setting up a solo miner is a bit more complicated and beginners are better off joining a mining pool. We’ll be joining Supernova’s florincoin pool spil it is pretty active, so the chances of getting a prize are enhanced.
Head overheen to the pool’s webstek and register an account.
Once you login you’ll see a instrumentenbord. Navigate to My Account ->, My Workers. Create a worker name and password. For the purpose of this tutorial lets assume workername:password are user.worker1:worker1password.
Four. Run the mining script
Users have three options to mine :
- CPU mining– slowest option, but can be used for coins te their initial stages
- GPU mining– much swifter than CPU mining spil GPUs have numerous cores which can process ter parallel
- ASIC units– special units specifically made for the purpose of mining. Setting up large mining farms with ASIC units is becoming very popular
You will need to know the following:
- The ‘stratum’ URL of your mining pool server (eg: “stratum+tcp://flo.suprnova.cc”).
- The port number of your mining server (eg: “3210”).
- Your mining pool username (eg: “user”).
- Your worker name or number (eg: “worker1”).
- Your worker password (eg: “worker1password”).
cpuminer is a multi-threaded, very optimized CPU miner for Litecoin, Bitcoin, and other cryptocurrencies. Presently supported algorithms are SHA-256d and scrypt.
Download the software from here and samenvatting it to a folder. Create a .bat opstopping te the same folder with the following content and run the verkeersopstopping.
For those that intend to mine with GPUs cgminer is the program to use. Versions of cgminer following version Three.72 do not support scrypt mining, and support for GPUs wasgoed eliminated ter version Trio.82. Therefore, the latest version isn’t necessarily the one to download.
The suitable version for windows can be downloaded from here. Samenvatting the files to a folder, create a .bat opstopping with the following content and run it
I haven’t figured out the way to setup GPU mining on Ubuntu yet, working on it.
Pages which I referred to write this tutorial
- Supernova pool’s Getting Embarked Guide- A comprehensive guide on how to setup the miner and connect to the pool
- How to Mine Litecoin- This is a very good article which explains a loterijlot of the theoretical concepts te a ordinary language. Very recommend it.
- Setup A Utter Florincoin Knot On A $Five Ubuntu VPS With One Instruction