Check this guide for extremely easiest guide! : https://bitcointalk.org/index.php?topic=381072.0So finally after 3.5 weeks of solo mining we have the first pool! The pool is a chinese one and its not yet complete. Its experimental but it has already paid me so it seems legit. But as i said its experimental so do everything at your own risk! Also i am not the best guy when it comes to computers. I am a physics guy. So if there are problems i am not really sure how to fix everything. For me what i will say works just fine. So again do everything at your own risk
But first what is Datacoin?
Datacoin is intended to be reliable censorship-free data storage and a currency to pay for this storage. Money transfer isn't the first purpose of Datacoin.
Data is stored in the blockchain "forever" (as long as blockchain exists) and can be retrieved with tx hash as an identifier. I consider this as a platform to be used by applications (and not directly by users): torrent trackers, encrypted messaging services etc.. I don't consider blockchain as a place to store heavy data like video files: this should be too expensive. Instead I propose to store in Datacoin torrent files, certificates, possibly some HTML pages and other kinds of metainformation.
You can read more here:
https://bitcointalk.org/index.php?topic=345190.0https://bitcointalk.org/index.php?topic=325735.0https://bitcointalk.org/index.php?topic=370922.0The guide (We use primeminer as Datacoin is a fork of Primecoin):
Ok so you go to digital ocean through my referral link to:
https://www.digitalocean.com/?refcode=9d68ca19e204 and pay 10 dollars with paypal or credit card. I think you can use HOLIDAYSSD promo code for 5 or 10 dollars more free.
If you dont want to you can always send me some donations
First you create a droplet.Put a name like Miner1 and you can choose whatever size you want except the smaller one because it has really small memory. I think the most cost effective is the one with 8 CPU really. But do your math and decide
I highly recommend to choose New York 1 or 2 for Region because sometimes Linux wont connect to the repositories. Choose Ubuntu 13.10 x64 as the OS. Create the droplet!
Now an email will come with your password and your username for the droplet while after like 1 minute it will get created.
Press console access and after a minute you will put username: root and your password .
*You can always download putty from here
http://www.chiark.greenend.org.uk/~sgtatham/putty/download.html with which you can access your droplet from your PC so you can do everything else faster but it isnt needed.
now put the next strings:
sudo apt-get update (and press enter)
When it finishes
sudo apt-get install yasm -y git make g++ build-essential libminiupnpc-dev (and press enter)
When it finishes
sudo apt-get install -y libboost-all-dev libdb++-dev libgmp-dev libssl-dev dos2unix (and press enter)
When it finishes
git clone
https://github.com/thbaumbach/primecoin (and press enter)
When it finishes
cd primecoin/src (and press enter)
and then
make -f makefile.unix (and press enter.This will take a few minutes)
When it finishes everything is installed. Now you only have to run the primeminer so write and enter :
./primeminer -pooluser=username -poolpassword=0 -poolip=162.243.41.59 -poolport=8336 -poolshare=6 -genproclimit=X
Where username is you wallet address. You can use x1, x2 like D62LDKvmBboJZ8jVBfkukDFeW65zf73hUL.x1 for each droplet or any other pc you have.
0 is your password. Now i dont really know if you need to change this. However personally i chaned it and pu something else. The same for every droplet and seems to work fine.
X is the number of threads of CPU to run. I personally try either 15 or 31 and choose the one with most primes/sec after a few minutes. I think would recommend 31 but experiment. (Those numbers are for the 8 CPU chose)
When you do this primeminer must start and like 1 minute after you must start seeing Shares. Here you can check your balance:
http://dtc.gpool.net/balanceAs i said the pool is experimental and may close without warning. keep this in your mind.
Now some more things:
Ddigital ocean seems to only let 60% of their CPU capicity every time. You may see that on the charts of CPU usage.
I have noticed that some droplets may be faster while others may be slower. I personally make 5 and then i destroy the one with the smaller primes/s and create a new one hoping that will be faster. And so on...
Everytime you destroy and create a droplet i think you pay the 24cents so be careful.
1 8cpu droplet will deliver about 5 Datacoins(Better than though before) per day or around 5 dollars with the current price. (Thats really an estimate since pool started just a few hours ago!) I personally believe datacoin is highly under valued and that price will be 5 dollars in a few days or weeks. See protoshares or primecoin for example. Have in mind that Datacoin has a really valuable purpose. But anyway do your research
If problems and errors occure and you have entered everything right maybe a restart command will fix the problem. At worst scenario destroy droplet and start again.
A nice primes/s is above 3000 in my opinion. I currently have droplets with 3500-4000 primes/s
If sudo apt-get update doesnt work try to change region but actually us.archive.ubuntu.com fails.
Hope this helps. And i hope our first pool remains legit
I am off to sleep!!!
P.S. You can download the datacoin-qt from here
http://datacoin.info/ and currently our best exchange is Bter.