Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: masterfred on January 07, 2014, 06:57:22 PM



Title: How to mine newly created coin from GENCOIN.IO (or is it just a big scam ?)
Post by: masterfred on January 07, 2014, 06:57:22 PM
Hi Everyone !

Happy to be able to post now !

I've created my coin for testing purpose. I want to test some of this new digital currency in computer class I teach.

I just received my package from gencoin.io. I choosed scrypt version.

How the hell do I mine my own coin ?

I've done alot of reading during those 4 logged hours ... not to mention google, it's no where to be found !

I want to :

- Solo Mine either CPU or GPU

I also want people to mine those coins via pool or similar

It seems that this is locked to their ip (coingen.io) at the port I choose (5555).

During my search I found out that ALOT of people are in the same boat and unhappy with gencoin.io ... 0 support

With your help I want to create a how to / tutorial on how to mine you new own coin ...

Thanks all !


Title: Re: How to mine newly created coin from GENCOIN.IO (or is it just a big scam ?)
Post by: oxfardk on January 07, 2014, 08:21:16 PM
I speculated into solo CPU or GPU mining a while ago, but was never very successful at discovering any definitive answers.


Title: Re: How to mine newly created coin from GENCOIN.IO (or is it just a big scam ?)
Post by: masterfred on January 07, 2014, 09:43:23 PM
C'mon, this guy he's from the forum, it's borderline scam this coingen thing ... espcially if he has sold it ...

What a ripff


Title: Re: How to mine newly created coin from GENCOIN.IO (or is it just a big scam ?)
Post by: extro24 on January 14, 2014, 07:11:20 PM
Go to the Help console in the client.

Type setgenerate true -1.
 
Type getmininginfo.  If it says generate = true you are mining.


Title: Re: How to mine newly created coin from GENCOIN.IO (or is it just a big scam ?)
Post by: fabtho on January 25, 2014, 11:29:40 AM


It worked for me. see this howto: https://bitcointalk.org/index.php?topic=406476.0

I just downloaded the swisscoin client form here:

http://coingen.io/status.html

and was able to start mining..