How to mine CryptoNote currencies
For this tutorial I will be using Electroneum.
Contents
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
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 &