Difference between revisions of "How to mine CryptoNote currencies"

Revision as of 15:40, 17 April 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 git

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

• Make sure you are using gcc v5

sudo apt-get update

sudo apt-get install gcc-5 g++-5

sudo update-alternatives --install /usr/bin/gcc gcc /usr/bin/gcc-5 60 --slave /usr/bin/g++ g++ /usr/bin/g++-5

sudo update-alternatives --install /usr/bin/gcc gcc /usr/bin/gcc-5 1

• Clone repository

git clone https://github.com/toninoxp/CPUMiner-Multi.git

• Set up mining client

cd CpuMiner-Multi

unzip cpuminer-multi.zip

cd cpuminer-multi

./autogen.sh

./configure

make

• Run custom mining script

Example:

./minerd -a cryptonight -o stratum+tcp://pool.etn.spacepools.3333 -u etnkKC7Ed1T62u1ZcADw7ZCpDAmudSe2CbW1NaYwUahzSwFty3WCTMYeVU4v1ADhZ1P9Wf1D2VRE6MnZGcvh5RXp5NEreL3rjk -p x &

Generic:

./minerd -a cryptonight -o stratum+tcp://<pool_address>:<port> -u <wallet_address> -p x &

You should see something like this with each event:

[2018-04-11 15:30:15] accepted: 1/1 (100.00%), 750.63 H/s at diff 35000.1 (yay!!!)

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:

To mine other CryptoNote currencies, such as Monero, Bytecoin, Dashcoin and more, you just need to change the pool address and wallet address to your coin of choice.

Example with Bytecoin:

./minerd -a cryptonight -o stratum+tcp://us.bytecoin-pool.org:3333 -u 28byDoWb4NEE17zZoXAG3VNHMWf7iAj9mVRhhCNhD4hh67dkyWTyrArKA32X5SrJuDPBgXTsSmQRoAbCzcDvM2d2PfXuUyH -p x &