Difference between revisions of "How to mine CryptoNote currencies"

Latest revision as of 01:58, 2 December 2018

For this tutorial I will be using Electroneum.

Direct Mining

• Go to Electroneum's download page and scroll down to where it says "Direct Mining Software" then choose your operating system and click download. I will be using the Mac miner for this tutorial.

• Unzip the file and click on "electroneumd" to start syncing with the blockchain. It can take up to 24 hours to do so.

• Next create a wallet address. To do so click "electroneum-wallet-cli" and follow the steps to create a wallet.

• To start mining in "electoneumd" type "start_mining <wallet_address> <number_of_threads>".

• Congratulations, you are now mining Electroneum! To stop the miner type "stop_mining" and you can type "help" for more options.

Pool Mining

The best way to mine for Electroneum is to do so with a mining pool. There are many choices with varying pool fees, donation fees and locations. To help reduce latency, choose a pool that's in a location near you. For this tutorial I will be using Terminal in Ubuntu 16.04.

Choose an Electroneum mining pool

• SpacePools EU Pool, 0.1% pool fee
• ETNPool EU pool, 0.5% pool fee
• dedpool.io US pool, 1% pool fee
• nocroom pool US pool, 0.2% pool fee

Create a wallet

• Electroneum Wallet Manager

Set up miner

• Install the following prerequisites

sudo apt-get install aptitude

sudo aptitude update

sudo aptitude install –with-recommends build-essential autotools-dev autoconf automake libcurl3 libcurl4-gnutls-dev git make cmake libssl-dev pkg-config libevent-dev libunbound-dev libminiupnpc-dev doxygen supervisor jq libboost-all-dev htop

• Clone repository

git clone https://github.com/fireice-uk/xmr-stak.git

• Make new directory and compile code to mine with CPU

mkdir xmr-stak/build

cd xmr-stak/build

cmake .. -DCUDA_ENABLE=OFF -DOpenCL_ENABLE=OFF -DMICROHTTPD_ENABLE=OFF

make install

• Set up mining client

cd bin

./xmr-stak

• You will then be asked a series of questions to set up miner similar to this

- Do you want to use the HTTP interface?: 0

- Please enter: electroneum

- Pool address: e.g. pool.example.com:3333: pool.etn.spacepools.org:3333

- Username (wallet address or pool login): etnkKC7Ed1T62u1ZcADw7ZCpDAmudSe2CbW1NaYwUahzSwFty3WCTMYeVU4v1ADhZ1P9Wf1D2VRE6MnZGcvh5RXp5NEreL3rjk

- Password (mostly empty or x): x

- Rig identifier for pool-side statistics (needs pool support). Can be empty: <EMPTY>

- Does this pool port support TLS/SSL? Use no if unknown. (y/N): N

- Do you want to use nicehash on this pool? (y/n): N

- Do you want to use multiple pools? (y/n): N

• Once you have finished that your miner will begin mining

• To end mining type "control c".

To see your pool stats, look up your wallet address in the mining pool's website and you should see something like this:

• Congrats! You have successfully mined Electroneum

See also

• Monero
• Electroneum
• Cryptocurrency wallet
• How to create your own cryptocurrency