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Step 1 - Join a pool. To mine in a pool you have to work with a group of other miners on available blocks. For this tutorial I will be using VTC VertCoin .domainname.com (made up – but please note that 99% of all pools are using same engine MPOS so you will have to only update VTC VertCoin .domainame.com with existing pool). Go to http://VTC VertCoin .domainname.com/index.php?page=register,create an account and add a worker.
Step 1 - Join a pool. To mine in a pool you have to work with a group of other miners on available blocks. For this tutorial I will be using VTC VertCoin .domainname.com (made up – but please note that 99% of all pools are using same engine MPOS so you will have to only update VTC VertCoin .domainame.com with existing pool). Go to http://VTC VertCoin .domainname.com/index.php?page=register,create an account and add a worker.
Step 2 - Choose your cloud server. DigitalOcean is one of the more competitively priced simple cloud hosting services in the world; what’s more, Digital Ocean has explicitly stated that the mining of coins is allowed on their servers and you will not be banned for your activities. Some other cloud services have not been so understanding. Create an account at www.digitalocean.com. Click the yellow Sign-Up button on the top-right of the webpage. Choose a secure email address and a password and you’re good to go. Once you are into your account, clicking anywhere will direct you to their Billing page.
Hook up a credit card or top off your account with Paypal to get started. Once your billing information is satisfactory to Digital Ocean, you can start creating droplets.
The more cores you have, the more VTC VertCoin per day you will have. The single CPU option does not work well with minerd so I would suggest going with at least two cores. When Dogecoin arrived at the beginning of the first day I was using following configuration:
The more cores you have, the more VTC VertCoin per day you will have. The single CPU option does not work well with minerd so I would suggest going with at least two cores. When Dogecoin arrived at the beginning of the first day I was using following configuration:
8 CPUs only (16 GB Ram, 8 CPUs, 160 GB SSD disk and 6 TB transfer) for $0.238 per hour.
Example:
1 Droplet: 8 CPUs no. 1 – 6khash/s per thread x 8 (about 50khash/s in total).
2 Droplet: 8 CPUs no. 2 – 6khash/s per thread x 8 (about 50khash/s in total).
3 Droplet: 8 CPUs no. 3 – 6khash/s per thread x 8 (about 50khash/s in total).
4 Droplet: 8 CPUs no. 4 – 6khash/s per thread x 8 (about 50khash/s in total).
5 Droplet: 8 CPUs no. 5 – 6khash/s per thread x 8 (about 50khash/s in total).
Costs: 5 x 8 CPUs = 40 CPUs (aprox 250 khash/s) = $20 per day
With $20 credit you can use 5 x 8CPUs droplets (cloud servers) for 24 hours. Investing $20 I mined millions doges in day 1
1 Droplet: 8 CPUs no. 1 – 6khash/s per thread x 8 (about 50khash/s in total).
2 Droplet: 8 CPUs no. 2 – 6khash/s per thread x 8 (about 50khash/s in total).
3 Droplet: 8 CPUs no. 3 – 6khash/s per thread x 8 (about 50khash/s in total).
4 Droplet: 8 CPUs no. 4 – 6khash/s per thread x 8 (about 50khash/s in total).
5 Droplet: 8 CPUs no. 5 – 6khash/s per thread x 8 (about 50khash/s in total).
Costs: 5 x 8 CPUs = 40 CPUs (aprox 250 khash/s) = $20 per day
With $20 credit you can use 5 x 8CPUs droplets (cloud servers) for 24 hours. Investing $20 I mined millions doges in day 1
If you got more money and you would like to score higher hash rate, you can also go for 24 CPUs = 200khash/s
24 CPUs x 5 droplets = 1mhash/s
24 CPUs x 5 droplets = 1mhash/s
Costs:
24 CPUs = $1.429per hour
24 CPUs x 5 droplets = $1.429 x 5 = $7.145per hour = 1mhash/s
24 CPUs = $1.429per hour
24 CPUs x 5 droplets = $1.429 x 5 = $7.145per hour = 1mhash/s
Next, select the region geographically closest to you.
Next, make sure to choose Debian 7.0 64 bit as your Image.
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Next, Create your droplet and your credentials will be sent to your email.
Next, make sure to choose Debian 7.0 64 bit as your Image.
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Next, Create your droplet and your credentials will be sent to your email.
Step 3 - VTC VertCoin Minner Installation. Upon receiving your credentials, click to your Droplets menu where you will be able to see each of your Droplets, and select the one that you wish to access. Once there, you can get Console Access through the website itself without having to download Putty. Once there, you can get Console Access through the website itself without having to download Putty.
You will be taken to a page where a black screen will load. This is your command console. Enter ‘root’ as your login, and enter the password provided to your email as the password. Upon successful login, you’ll be able to enter control your miner and pass it commands in the form of code.
Enter in the following strings exactly.
You will be taken to a page where a black screen will load. This is your command console. Enter ‘root’ as your login, and enter the password provided to your email as the password. Upon successful login, you’ll be able to enter control your miner and pass it commands in the form of code.
Enter in the following strings exactly.
sudo apt-get update
sudo apt-get install yasm -y git make g++ build-essential libminiupnpc-dev
sudo apt-get install -y libboost-all-dev libdb++-dev libgmp-dev libssl-dev dos2unix
sudo apt-get install build-essential libcurl4-openssl-dev
sudo apt-get install yasm -y git make g++ build-essential libminiupnpc-dev
sudo apt-get install -y libboost-all-dev libdb++-dev libgmp-dev libssl-dev dos2unix
sudo apt-get install build-essential libcurl4-openssl-dev
wget http://sourceforge.net/projects/cpuminer/files/pooler-cpuminer-2.3.2.tar.gztar xzf pooler-cpuminer-2.3.2.tar.gz
cd cpuminer-2.3.2
./configure CFLAGS="-O3"
make
cd cpuminer-2.3.2
./configure CFLAGS="-O3"
make
You are installing all the necessary drivers and programs to mine VTC VertCoin , and some of the commands may take some time to fully execute.Be patient, the reward is worth it!
Step 4 - VTC VertCoin mining. Now that everything is set up, you are ready to start your VTC VertCoin miner and point it at a pool. For simplicity sake, I have provided the settings for mining on VTC VertCoin .domainname.com.To start your miner, enter in the below code with your specific login details.
./minerd –url=stratum+tcp://VTC VertCoin .domainname.com:3333 –userpass=YourLogin.YourWorker:Password
You may also want to use the –quiet/-q option to disable the per-thread hashmeter.On *nix, you probably also want to use the –background/-B option to fork in the background. Rinse and Repeat for multiple droplets, up to 5, and make sure to invite your interested amigos! Ps. Remember to destroy Droplets if you are not using them.
