Demogorgonz (OP)
Newbie
Offline
Activity: 17
Merit: 0
|
|
September 28, 2013, 10:19:48 PM |
|
Hello, Today i decided to download namecoind for linux. At this time of thread creation my namecoind is syncing blocks. I have found this page http://dot-bit.org/InstallAndConfigureNamecoinSo i made a config : rpcuser=myusername rpcpassword=mypass rpcport=8336 daemon=1 server=1 Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? If so,which address will be credited with namecoins ? I have 2 accounts,default blank and "myuser",each having different address of course . I just can't wait for namecoind to sync,and i must admit that i am impatient .. Looking forward for response. Best regards.
|
|
|
|
TheSpiral
Full Member
Offline
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
|
|
September 28, 2013, 11:29:53 PM |
|
Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? If so,which address will be credited with namecoins ? I have 2 accounts,default blank and "myuser",each having different address of course . I just can't wait for namecoind to sync,and i must admit that i am impatient .. Looking forward for response. Best regards. You're planning on solo mining Namecoin at a difficulty of 75 million? Can I ask why? Wouldn't it just be better to join a merge-mining pool like bitparking, eligius, bitminter, or slush?
|
|
|
|
Demogorgonz (OP)
Newbie
Offline
Activity: 17
Merit: 0
|
|
September 28, 2013, 11:39:16 PM |
|
Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? If so,which address will be credited with namecoins ? I have 2 accounts,default blank and "myuser",each having different address of course . I just can't wait for namecoind to sync,and i must admit that i am impatient .. Looking forward for response. Best regards. You're planning on solo mining Namecoin at a difficulty of 75 million? Can I ask why? Wouldn't it just be better to join a merge-mining pool like bitparking, eligius, bitminter, or slush? Hello, First of all,thanks for interesting in my thread . My plan is to run namecoind for wallet purpose,however i have never ran "coin"d before and it would be interesting to learn more about it. I might switch to some other coins which have linux release with daemon and server vars.. Tho i can achieve up to 5-10GH/s,and it could be profitable until difficulty raise.. Can you answer on my question above ? Also,can you suggest me which coins to mine which are tradable on btc-e for example ? Best regards.
|
|
|
|
lassdas
Legendary
Offline
Activity: 3676
Merit: 1495
|
|
September 28, 2013, 11:40:21 PM |
|
Wouldn't it just be better to join a merge-mining pool like bitparking, eligius, bitminter, or slush?
Don't forget p2pool, quite easy to set up BTC-NMC merge-mining on it. Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? Not without username/pass, use those you entered in your config rpcuser=myusername rpcpassword=mypass
which address will be credited with namecoins ?
Assuming you're solo-mining a new address will automagically be created for each block found.
|
|
|
|
TheSpiral
Full Member
Offline
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
|
|
September 28, 2013, 11:51:17 PM |
|
Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? If so,which address will be credited with namecoins ? I have 2 accounts,default blank and "myuser",each having different address of course . I just can't wait for namecoind to sync,and i must admit that i am impatient .. Looking forward for response. Best regards. You're planning on solo mining Namecoin at a difficulty of 75 million? Can I ask why? Wouldn't it just be better to join a merge-mining pool like bitparking, eligius, bitminter, or slush? Hello, First of all,thanks for interesting in my thread . My plan is to run namecoind for wallet purpose,however i have never ran "coin"d before and it would be interesting to learn more about it. I might switch to some other coins which have linux release with daemon and server vars.. Tho i can achieve up to 5-10GH/s,and it could be profitable until difficulty raise.. Can you answer on my question above ? Also,can you suggest me which coins to mine which are tradable on btc-e for example ? Best regards. Current estimation.... 5 GH/s at 75,473,386 difficulty will take 2 years and 20 days to find a block if you solo mine. A block of Namecoin is worth about 0.1885 or $23.90. $23.90 for more than 2 years of solo mining.... Why? I'd recommend joining a merge-mine pool if you want Namecoin. Bitparking will get you Bitcoin, Namecoin, Devcoin, i0coin, ixcoin, and a few others all at the same time. - Look here if you want to compare different pools and see which ones will give you namecoin: https://en.bitcoin.it/wiki/Comparison_of_mining_pools
- Look here if you want to see how much profit each coin is currently (it will change very often): http://www.coinchoose.com/
- If you want to solo mine a coin with 5 GH/s, I would suggest looking at the coinchoose site and looking at "SHA-256" coins with low difficulty.
For solo mining, it would look like this: -o localhost:8336 -u myusername -p mypass
|
|
|
|
Demogorgonz (OP)
Newbie
Offline
Activity: 17
Merit: 0
|
|
September 29, 2013, 09:30:27 AM |
|
Wouldn't it just be better to join a merge-mining pool like bitparking, eligius, bitminter, or slush?
Don't forget p2pool, quite easy to set up BTC-NMC merge-mining on it. Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? Not without username/pass, use those you entered in your config rpcuser=myusername rpcpassword=mypass
which address will be credited with namecoins ?
Assuming you're solo-mining a new address will automagically be created for each block found. p2pool ? i will have to look for it,so far i haven't heard of p2pool. Thank you very much for info
|
|
|
|
Demogorgonz (OP)
Newbie
Offline
Activity: 17
Merit: 0
|
|
September 29, 2013, 09:32:40 AM |
|
Now my question is how can i mine,i mean what parameters do i have to input in my miner ? Will my miner mine if i input only url and port in format : http://localhost:8336 without username/pass ? If so,which address will be credited with namecoins ? I have 2 accounts,default blank and "myuser",each having different address of course . I just can't wait for namecoind to sync,and i must admit that i am impatient .. Looking forward for response. Best regards. You're planning on solo mining Namecoin at a difficulty of 75 million? Can I ask why? Wouldn't it just be better to join a merge-mining pool like bitparking, eligius, bitminter, or slush? Hello, First of all,thanks for interesting in my thread . My plan is to run namecoind for wallet purpose,however i have never ran "coin"d before and it would be interesting to learn more about it. I might switch to some other coins which have linux release with daemon and server vars.. Tho i can achieve up to 5-10GH/s,and it could be profitable until difficulty raise.. Can you answer on my question above ? Also,can you suggest me which coins to mine which are tradable on btc-e for example ? Best regards. Current estimation.... 5 GH/s at 75,473,386 difficulty will take 2 years and 20 days to find a block if you solo mine. A block of Namecoin is worth about 0.1885 or $23.90. $23.90 for more than 2 years of solo mining.... Why? I'd recommend joining a merge-mine pool if you want Namecoin. Bitparking will get you Bitcoin, Namecoin, Devcoin, i0coin, ixcoin, and a few others all at the same time. - Look here if you want to compare different pools and see which ones will give you namecoin: https://en.bitcoin.it/wiki/Comparison_of_mining_pools
- Look here if you want to see how much profit each coin is currently (it will change very often): http://www.coinchoose.com/
- If you want to solo mine a coin with 5 GH/s, I would suggest looking at the coinchoose site and looking at "SHA-256" coins with low difficulty.
For solo mining, it would look like this: -o localhost:8336 -u myusername -p mypass I will look for sure,do you know any with linux client"d" which i could put to server mode ? Thank you
|
|
|
|
|