Just a quick guide for new miners if they are struggling to understand how to start mining Crypto currency!
Crypto Mining is a fun way to start trading currencies on international markets! Of course you could always just spend some money in a Crypto wallet of your choice, and start trading straight away.... but where is the fun in that?
Now for mining currency, things are a little different depending on what OS you have. This guide will be orientated around an Ubuntu Linux based OS.
There are two ways to mine Crypto currency, using your computers CPU or using the computers GPU... or both!
First Steps:
Choose a coin to mine - Try having a look at WhatToMine for some ideas on what you would like to mine.
Choose a mining software - lots of different miners are available, for CPU mining XMRig is one of the best, and T-rex(for nVidia cards) or lolminer(AMD cards), but you can always search around the web for different mining software which support different algorithms in which they mine on, depending on what coin you wish to mine.
Choose a pool - you will need a network to mine the coins off, some good pools to consider are 2Miners and Rplant.
Now lets start Mining, for this guide we will be mining the coin XMR from the Pool 2miners have, on linux POP OS (Ubuntu based OS).
Firtsly stop by XMRig Github and download the latest release of XMRig.
[LINUX] -
cd
to the extracted download folder, and create a shell file to execute:
#!/bin/sh
while :
do
./xmrig --url xmr.2miners.com:2222 -u 4BGUDrZuw3kGzEaJ8E2BjUjFFQ5Q85HjK18SogUd6chhdFQ32hGjFv1LbhBgyLZNZLD2hNYWWFQxYCssJdJLiLU4RyCUXzn --rig-id="rig_spectre"
sleep 5
done
[WINDOWS] - go to downloaded file and extract, you will find a whole heap of .bat files to edit with your wallet/rig/pool details
Some additional helpful command line options:
--cpu-no-yield --threads=N
--cpu-max-threads-hint=100
with --threads=N you can chose how many cpu threads to mine on, eg. 8
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