[Edit: 1gh/s pool]

Hi All,

The Max Coin source has been release, to start mining in the cloud check out these step by step instructions:
Is a coin based on SHA-3 Proof of Work mining, something that we can do very well on a server CPU.

The source has not been released yet and the mining has not started yet but you can perform the command till the red line to prepare yourself and start mining as soon as possible!
Edit: Pool mining works!!

MaxCoin's Specifications:

BTC Scrypt or SHA-256? Keccak (SHA-3)
BTC How many coins? 250,000,000
BTC Block reward? 96 MaxCoin per block, halving every ~12 months
BTC Difficulty? Retargeting using Kimoto Gravity Well algorithm.
BTC Block time? 30 seconds

Requirements:

None!

Steps:

1] Head over to Digital ocean and register an account.
 https://www.digitalocean.com/?refcode=8f5c9f7a1fe9

2] Charge it with 10 dollars of credits, gain another 10 dollars by using these codes:

2014SSD or OMGSSD10

3) Start a droplet:

Hit the droplets menu button, press create droplet, give it a name, take a 2gb 2 cpu droplet, pick New York and the latest ubuntu linux (Ubuntu 13.10 x64 )

4) Now the trick without config:

Click on your new droplet, click access and click console access. A console should pop up. Enter username: root and the password you have received in the email.
The blue option allows you so safe an image after miner set-up so you can clone your server.



An alternative is to use putty:  http://www.chiark.greenend.org.uk/~sgtatham/putty/download.html
You can paste using putty with a right click. Other SSH clients can also be used.

Now choose solo mining or pool mining, i would recommend the second option:

5a) Solo mining or pool mining with the official wallet:

type in these commands if you're in the web console or copy and paste these commands in putty:

Code:

cd ~
wget https://www.dropbox.com/s/z9foskje35ag1aw/maxcoind
chmod +x maxcoind

This should take a while, when ready type in:
Change the password for the rpc!

Code:

cd ~
mkdir -p .maxcoin && 
echo 'rpcuser=maxcoinrpc
rpcpassword=changethispassword
rpcport=1925
rpcallow=127.0.0.1
server=1
addnode=maxexplorer.cloudapp.net
addnode=maxcoin.cloudapp.net
addnode=maxcoinus.cloudapp.net
addnode=maxcoinasia.cloudapp.net
addnode=213.179.202.19
addnode=wombat.dar.sh
addnode=91.121.8.25
addnode=95.85.14.92
addnode=95.85.38.7
addnode=95.85.41.61
addnode=95.85.40.179
addnode=95.85.42.240
addnode=95.85.43.202
addnode=95.85.43.189
addnode=95.85.25.162
addnode=107.170.246.18
addnode=107.170.245.188
addnode=107.170.245.192
addnode=107.170.10.242
addnode=192.241.174.133
addnode=95.85.45.177
gen=1' > .maxcoin/maxcoin.conf

Ok the miner is now set-up, we start it with:

Code:

screen
cd ~ && ./maxcoind --daemon 
watch './maxcoind getinfo && ./maxcoind getmininginfo'

To reconnect type

Code:

screen -drr

5b)
Pool mining or with the cpu miner:

Set-up the server:

Code:

apt-get update && apt-get install -y git make g++ build-essential libminiupnpc-dev libdb++-dev libgmp-dev libssl-dev dos2unix libboost-all-dev

Download the miner:

Code:

git clone https://github.com/Max-Coin/cpuminer && cd cpuminer && CFLAGS="-O3 -msse2" && ./configure && make && strip minerd

Now sign-up with a pool like this one here: http://pool.webcoin.us/max , change the adress:port as they post it, make a worker and edit password and username and hit enter

Code:

screen
./minerd -a keccak -o http://pool:port -u username -p password

To reconnect type

Code:

screen -drr

List of pools

Code:

http://pool.webcoin.us/max
https://maxcoinmine.com/
http://ypool.net

Edit: 1gh/s pool
https://bitcointalk.org/index.php?topic=392322.0

One of the no-config pools, you only need the adress of the maxcoin client on your homepc!
They recommend their own miner. For this pool use these commands:

Code:

git clone https://github.com/1gh/cpuminer && cd cpuminer && ./configure CFLAGS="-O3" && make && strip minerd

and then:

Code:

screen
./minerd -a keccak -o stratum+tcp://maxpool.1gh.com:17333 -u <yourmaxcoinwalletadress> -p x

Happy mining!


I'll update the guide with new pools and with nodes to connect to the network.

[The Memory Coin Binary has been updated, see instructions below to update miner!!!]

Hi All,

The Memory Coin Binary has been updated, see instructions below to update miner!!!

So the new memory coin 2.0 has justed launch. The difficulty and return is slowly ramping up so there is time to build up your mining power
Its a cpu only coin that uses AES for it proof of work so processors supporting harware AES functions are significantly faster.

We need to find cloud hosting companies that support AES-ni for a large increase in hashing power:
run this "grep aes /proc/cpuinfo"  in your virtual host to see if your cloud host supports hardware AES!

You can run the miner application on any cloud platform! We'll take digital ocean as an example! I had some servers running xpm mining, so let switch them after the xpm diff increases.
So lets set up a memorycoin miner in the cloud:

Register with Digital Ocean if you did not do so already:
https://www.digitalocean.com/?refcode=8f5c9f7a1fe9
You can try these for free credits: HOLIDAYSSD or DIVEIN10

Next, create a droplet with at least 1 gig ram, i chose 2 cpu with 2 gigs of ram.
Pick a name, location and the latest ubuntu linux as OS.
Next you get an email with the ssh link, so use putty or SSH to get into your new virtual server!

After login type:

Code:

cd ~
apt-get update && apt-get install -y git make g++ build-essential libminiupnpc-dev libdb++-dev libgmp-dev libssl-dev dos2unix libboost-all-dev
git clone https://github.com/memorycoin/memorycoin && cd memorycoin/src && make -f makefile.unix

Ok that should take a while, and finish with no errors.
Next up, the config:

[FILL IN A PASSWORD HERE] = fill in a good password like igoingtostartminingmemorycoinyay

Code:

cd ~

mkdir -p .memorycoin
echo 'rpcuser=memorycoinrpc
rpcpassword=[FILL IN A PASSWORD HERE]
rpcport=1925
rpcallow=127.0.0.1
server=1
addnode=180.183.156.250:1968
addnode=76.24.94.154
addnode=62.43.2.239
addnode=82.52.177.81
addnode=84.249.109.128
addnode=79.3.168.143:1968
addnode=94.122.229.201:1968
addnode=118.210.212.90:1968
addnode=70.112.30.253:1968
addnode=95.89.105.134:1968
addnode=209.12.233.40:14210
addnode=79.113.210.250:51653
addnode=62.142.165.113:49646
addnode=86.106.35.224:1968
addnode=89.210.201.182:59197
addnode=84.228.200.63:50831
addnode=81.174.50.66:51930
addnode=213.197.188.148:43212
gen=1' > .memorycoin/memorycoin.conf

Then just start the daemon and watch it go!

Code:

cd memorycoin/src && ./bitcoind --daemon && watch './bitcoind getinfo && ./bitcoind getmininginfo'

Give it some time to connect to the network, it took my servers around 10 minutes.
Its normal if the getmininginfo shows a message or 0.000000 for some 10 minutes!

good luck!

=> So what to do when you mine a block? First of congratulations!

Transfer the funds by typing:
./bitcoind sendtoaddress <memorycoinaddress> <amount> [comment] [comment-to]
where memorycoinaddress is your desktop memorry coin wallet adress

or copy the wallet.dat over to your pc using ftp or email from cd ~ && cd .memorycoin and import it into the desktop client!



Some tips:

=> use screen -S mmc and screen -r if you open and close ssh sessions often
=> transfer out funds by commandline transfer or copying the wallet.dat
=> apply encryption if you dont feel that the server is secure!
=> check out www.MemoryCoin.info for more info about this new coin!
=> don't forget to support your dev's!

edit: im getting around 0.15 hashes per min for a 2 cpu, as digital ocean does not seem to support AES hardware accell,  but i got a lot of them running, burning of some saved up credits
edit2: searching for a cloud comp that has the aes support, ill keep you updated!
edit3: so one of my server has hit a block, so it works!


edit 4:  update miner:

- Transfer all coins you have!!
- Reboot server from Digital Ocean panel.
- type:  
cd ~
rm -rf memorycoin
git clone https://github.com/memorycoin/memorycoin && cd memorycoin/src && make -f makefile.unix
./bitcoind --daemon && watch './bitcoind getinfo && ./bitcoind getmininginfo'