Title: problem to solomine altcoins Post by: zec1 on November 23, 2016, 01:24:49 PM hi,
i want to mining altcoins not through a pool. i tried many altcoins, but every fails by mining. in first step i created a conf file in appdata folder for RPCUser/Pass data. I started a altcoin qt client with parameters like: client-qt.exe -server -listen -port=1122 -rpcport=11223 -gen i started cudaminer with parameters: cudaminer.exe -o localhost:11223 -u rpc1 -p 1234567890 -a scrypt Code: [2016-11-23 13:31:54] GPU #0: GeForce GTX 970 with compute capability 5.2 This looks right, but it fails in below Code: [2016-11-23 13:33:44] GPU #0: GeForce GTX 970, 494.90 khash/s This problem is on every altcoin i tested. Title: Re: problem to solomine altcoins Post by: bathrobehero on November 23, 2016, 01:32:25 PM The miner to wallet connection is there but you're trying to mine using the scrypt algo which you shouldn't.
Altcoins use a number of different hashing algorithms but even if the coin you're mining would be scrypt (it's not because of the booooo's) it would be pointless to mine it using your graphics card because of the existence of ASICs, which are purposebuilt to mine scrypt with such efficientcy and speed that your GPU is not even comparable. Title: Re: problem to solomine altcoins Post by: zec1 on November 23, 2016, 01:52:05 PM hmm, so i actually trying Vericoin (https://chainz.cryptoid.info/vrc/)
there is detailed the coin as: Name (Tag) VeriCoin (VRC) Algorithm Scrypt (PoW) + Proof of Stake Wallet Version v1.6.5.4 (protocol 70006) The Algorythm must be scrypt, but i get only boooo's :( why it works on a pool - but solo didn't work!? Title: Re: problem to solomine altcoins Post by: bathrobehero on November 23, 2016, 02:02:59 PM hmm, so i actually trying Vericoin (https://chainz.cryptoid.info/vrc/) there is detailed the coin as: Name (Tag) VeriCoin (VRC) Algorithm Scrypt (PoW) + Proof of Stake Wallet Version v1.6.5.4 (protocol 70006) The Algorythm must be scrypt, but i get only boooo's :( why it works on a pool - but solo didn't work!? Vericoin is not a Proof of Work coin, it's Proof of Stake. It probably was a PoW coin at one point but it's not anymore. The simplified version is that you can't mine PoS coins, you just hold coins in an unlocked wallet. They're different from PoW. You can see in the block explorere you linked the recent blocks are extracted by Proof of Stake. Title: Re: problem to solomine altcoins Post by: zec1 on November 23, 2016, 05:15:55 PM Thanks.
i solved the problem with another coin which is 100% pow. |