Can anyone help me with CPU mining this coin? Is it possible, and if so is there a guide anywhere?
Here is a guide for scrypt-n CPU mining with a special thanks to DigitalHeadSet:
This guide assumes you're using Azure, but should work exactly the same on AWS or DigitalOcean. You can get $200 free credit on Azure.
Also note that this probably is not profitable if you are actually paying for the servers. If you can get the free trial, why the fuck not.
This guide looks really long but it should take you 30 mins tops.First, register with a pool. See the list on the
ann page. This is quick and easy, most dont even require email activation.
Now (still on the pool website), go to the left hand menu and hit My Workers, under My Account. Set up a worker, you just need a name and password. Done.
Now go to your service of choice and log in. If you've opted for Azure, sign up for the free trial, i think you get $260 free credit. You may need a credit card to sign up, but you wont be charged as long as you stay under the trial quota.
When you've sorted out the registration shit, go to the Management Portal (AWS Management Console). Hit the giant "New+" button in the bottom left. AWS go EC2.
So now you get a menu, go Compute -> Virtual Machine -> From Gallery. AWS hit Launch Instance.
Pick Ubuntu -> Ubuntu 13.10. Next.
Enter any machine name and user name (remember it). Choose the size you want. I recommend you use extra small this first time as a practice, then XL 8 Core when starting up for real. Untick "Upload SSH Key" because i cant be fucked explaining it; tick and add a password. The Password needs a capital letter, a number, and a !@#$%&*() whatever those are called. Next.
If your server name is taken, you might have to change it on this next screen. Otherwise; Next.
Next/Finish.
OK. Good job, you have created your first VPS instance. Now we have to log onto it and do some more shit. It should appear on your virtual machines list. It should have the name you gave it, Status (Starting, then Running), Subscription (Free Trial), Location, and DNS Name. COPY THE DNS NAME.
Load up your Terminal, Cmd line, or whatever you windows users have. Enter the following EXACTLY (you can copy paste most of it):
ssh **username**@**DNS NAME YOU COPIED** -p 22
it will connect to your virtual machine. It may ask you "Are you sure you want to continue connecting (yes/no)?" type yes, hit enter.
It will ask you for your password. It will not appear as you type, dont worry, enter it and hit enter. After a moment it should tell you you've connected. Now enter the following (one at a time, some may take a while as stuff installs, just wait):
sudo apt-get update
sudo apt-get install build-essential libcurl4-openssl-dev
sudo apt-get install git
sudo apt-get install automake
sudo apt-get install autoconf
sudo apt-get update
autoconf --version <--- must be above 2.57
automake --version <--- must be above 1.7
git clone https://github.com/Bufius/cpuminer-vert
cd cpuminer-vert
./autogen.sh
./configure CFLAGS="-O3"
make
./minerd --help <--- This is just to make sure minerd is working.
Now you're ready to start mining. Go to your pool site and get the connect info, probably under Getting Started, or Home. You want the bit that looks like "stratum+tcp://tenfive.chickenstrips.net:1050". Now enter in the terminal:
./minerd -o stratum+tcp://YOURPOOLURL:PORT -O Username.Workername:Workerpassword
(make sure you are in the bin directory of vert miner when executing this in terminal)
Note that this format is probably different from the one they tell you to use. That format is for CGMiner. This one is more likely to work. Also note that its a CAPITAL O, not a Zero.
You should now be mining. Wait for it to say "accepted: 1/1 (100.00%), 1.69 khash/s (yay!!!)" or similar (not "Booo" boo means something is wrong). Now go back to your pool, to the worker screen. Your worker should now have a tick under Active. You're mining, and being accepted by your pool (yay!!!).
Now go back to your terminal, and close the window. Now reopen it, and ssh back onto your virtual machine (ssh username@DNS NAME YOU COPIED -p 22).
We need to make it keep going, even when our computer is disconnected. There are several ways to do this, the simplest is using Screen:
cd cpuminer-vert
screen ./minerd -o stratum+tcp://YOURPOOLURL:PORT -O Username.Workername:Workerpassword
Boom!! And we're done. Check again with your pool to make sure all is well, try closing the terminal again and ssh back in. Now type:
Now you will see your 10-5s being mined in the cloud.
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mac wallet, and android wallet on their way as well.
. Well to address your concerns of the price as I stated above. The "flat reward scheme" explained in more detail in the op. That should have a flat rate payout of around 3.1 for the majority duration of the coin. The coin should not be fully mined until the year 2020.
