This is great advice ... will try and set up .
But I want to try and mine another coin/token-maybe Digibyte or another Scrypt one in hash-to-coins.
Many Antminer L3+ were sold in the last few months, so I saw difficulty almost double. You can try multipool.us if you want to try a multi coin pool that will switch automatically for you. Even if you have 6 MLDs, I don't think you'll recoup your investment ever, especially with cost of electricity. Do it for fun and leave it at that.
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I think you're probably right. I could have bought more LTC than I will earn with the MLDs over the next decade for the same price. But really that isn't the entire point. I am interested in understanding mining, so its just like another hobby. But at the same time, trying to mine a much cheaper coin (like DGB) may turn out favourable if it increases in value.
Thus my second question: How do I split, say 3 miners to mine LTC in litecoinpool and then another 3 miners to mine Digibyte in multipool or hash-to-coins? I am not a big expert. Basically this exercise was the first time I have started using sudo commands ever. So if you know how to divide the miners up, pls ELI5.
Using raspi3, Linux access through a mac.
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1. Connect your Pi to a monitor keyboard and mouse.
2. Open the desktop
3. Set up a VNC viewer account on the Pi, Raspbian comes with a free licence, located in the start menu (it's a raspberry icon on the taskbar) under the internet sub menu.
4. Download VNC server to the Pi and VNC viewer to the mac.
5. Follow the setup instructions, they are pretty straight forward
5. Enable SSH and VNC connections on your Pi, start menu>raspberry pi configuration> interfaces tab and save
This will allow you to access the desktop on your Pi from your mac, lessen the need for using Sudo commands, and provides a more familiar user interface. Also, you can download a VNC viewer app to your phone as well, great if you travel or want to check on your miners through out the day. Now to setup the multi coin mining.
1. Connect to your Pi using VNC viewer
2. Start your moonlander's up, click the start-mining.sh file, click execute in terminal. The file has a gear icon and is located in the folder
"/home/pi/moonlander2/bfgminer_5.4.2- futurebit2_linux_armv6" , or "/home/pi/futurebit/bfgminer_5.4.2-futurebit2_linux_armv6" depending on
which instructions you followed when compiling bfgminer on your Pi.
3. Open the pool management menu by pressing "p"
4. Press "a" to add your new pool, and add your info
5. Still in the pool management menu, press "c" to change your management strategy
6. Press "2" for a time based pool rotation, there is also a balance option which for some reason does not work properly
7. Set the rotation interval in minutes, go with at least 60 as each time it switches pools you will have 1-5 minutes of down time
8. Exit the pool management menu by pressing any button
9. Open the settings menu by pressing "s"
10. Change the queue to 0 and the scantime to 3, this will help lower down time when switching and reduce rejected shares
11. Still in the settings menu, press "w" to write a config file
*Note: This will save all of the changes you have just made in a new folder "/home/pi/bfgminer". If you chose not to write a config file you would
have to repeat all of the above steps every time you restarted. I also find the config file much easier to edit when managing multiple pools.
12. Exit the settings menu, close bfgminer using the "q", and re-launch bfgminer by using the executable icon It has an airplane instead of a gear, and is
located in the same folder as the start-mining.sh file. You can still use the startmining.sh if you wish ,however; it will add whatever pool you have
saved in it to the pool rotation.
In order to edit your config file, using the file explorer, navigate to the folder "/home/pi/bfgminer". Open the config file and edit, remember to save your changes. You will have to close bfgminer using the quit command, not the restart form the settings menu, in order to have the changes take effect. Spaces, commas, and tabs matter in the the config file, one wrong and the config file will not work. If you ever corrupt the file, just delete it, re-launch bfgminer using the start-mining file, and write a new one with the above steps.
Make sure all of the pools you are rotating between pay out using "PPS" or "PPS+" not "PPLN". PPS pools, like litecoinpool.org, pay you for each share submitted. PPLN pools, like litecoin on Multipool, pay out in a way that is not good for pool hoppers, see Multipool's FAQ for a more detailed explanation on the differences between the two payout methods. Also the only PPLN scrypt coin on Multipool is litecoin, all the rest are PPS. PPLN pools tend to have higher payouts and lower fee's, total difference 3-5%, and are great if you want to mine one coin at a time for 24 hrs or more. Also, if you are considering using Multipool check out mining-dutch.nl or hash-to-coins, same fees more coins available.
The best sites I have found to discover new coins are the Yiimp protocol pools. I like lycheebit.com, lpool.name, and blockmasters.co to find new coins. Then I mine them on the second or third largest pool, always good to spread the hash around or we end up with another VERGE in our bags. Do your research when mining new coins. These pools will host just about any coin that has a 1 Gh network, scam or not. Look for coins that have little pre-mine, an active developer, lowish supply, are listed on two or more exchanges, a clear vision or use, and no crazy POS or maternode rewards. Remember most coins never get above 500 or 1000 sats before some decides to make them a pump and dump. My rule is every time some new coin I mined increases, from when I started mining it, 50% against BTC sell 25%, decreases 50% sell 10%, convert BTC to LTC when it is under .013, HODL LTC til the halving. A fair amount of the exchanges that list new coins have frequent airdrops if you hodl BTC on them. Hope this helps, and makes sense
Happy mining and good luck.
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