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Author Topic: How to mine Molecule Coin [MOL] using Digitalocean Cloud VPS  (Read 2787 times)
virtualdn (OP)
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December 19, 2013, 04:03:42 PM
Last edit: December 20, 2013, 07:05:42 AM by virtualdn
 #1

This is a brand new coin, CPU based, only a few days old - https://bitcointalk.org/index.php?topic=371576.380, it's time to generate a great amount of it Wink

Here is a short tutorial to get you started with minimum investment and zero electricity costs.

1. sign up for a digitalocean account here:  https://www.digitalocean.com/?refcode=261c189a4aeb

Deposit $10 and add coupon *LINUX13* or *GIT10* to get $10 extra bonus

2. create droplet  - choose Ubuntu 13.04 x64 - it is better recommended to create one with 4 or 8 cpus at least

3. login via ssh (use putty) with your vps login details

4. execute the following commands:

sudo apt-get update

sudo apt-get install build-essential libcurl4-openssl-dev

wget http://stonefoz.myfastmail.com/cpuminer-quark.zip

unzip cpuminer-quark.zip

cd cpuminer-quark

CFLAGS="-O3 -msse2" ./configure

make

apt-get install screen

screen
  
./minerd -a quark -t 4 -o http://mol.mine-pool.net:9372 -u yourwalletadress -p xxx

(where -t 4 means 4 cpus for example, choose -t 8 for 8 cpus and so on)

alternatively you could use:

./minerd -a quark -o stratum+tcp://mol.forkpool.com:8372 -u yourwalletaddress

That's all!

when logging back again use "screen -r" to restore session


If you liked the guide please send some Molecules my way  Grin ===>>>  JtDq3mX8XCY3YvhYG9hsP8zCanL5563rZV

1 BTC = 1 BTC
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KoningKaas
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December 19, 2013, 04:06:56 PM
 #2

Are you sure u dont need a quark miner for Molecule?  Huh
virtualdn (OP)
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December 19, 2013, 04:27:55 PM
 #3

Are you sure u dont need a quark miner for Molecule?  Huh

it's been updated accordingly. thank you.

1 BTC = 1 BTC
virtualdn (OP)
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December 19, 2013, 08:02:22 PM
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i've tested the code myself and just found the first share - so it 100% works guaranteed!

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xephyr
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December 19, 2013, 08:12:00 PM
 #5

Hope springs eternal in the heart of noob miners. CPU mining is dead, the only winner here is the guy posting the affiliate link. Do your homework, learn to mine altcoins using GPUs and keep your eye open for new FPGA/ASIC miners for litecoin and scrypt altcoins.
virtualdn (OP)
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December 19, 2013, 09:12:13 PM
 #6

cpu mining is far from being dead. molecule is a currency designed for cpu mining.
more than that not everyone has an advanced gpu card or likes to pay a lot for electricity.
this is where solutions like cloud vps mining can be an option.

1 BTC = 1 BTC
mahieddine
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December 19, 2013, 11:26:06 PM
 #7

Hope springs eternal in the heart of noob miners. CPU mining is dead, the only winner here is the guy posting the affiliate link. Do your homework, learn to mine altcoins using GPUs and keep your eye open for new FPGA/ASIC miners for litecoin and scrypt altcoins.
ASIC scrypt miners will not be as they were with Bitcoin don't dream about GHs of hashing... and by the way CPU mining is designed to offer every miner a chance to make a lot not like other currencies where silly miners hash a lot and dump like a **** for one cent....
virtualdn (OP)
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December 20, 2013, 07:02:00 AM
 #8

Hope springs eternal in the heart of noob miners. CPU mining is dead, the only winner here is the guy posting the affiliate link. Do your homework, learn to mine altcoins using GPUs and keep your eye open for new FPGA/ASIC miners for litecoin and scrypt altcoins.
ASIC scrypt miners will not be as they were with Bitcoin don't dream about GHs of hashing... and by the way CPU mining is designed to offer every miner a chance to make a lot not like other currencies where silly miners hash a lot and dump like a **** for one cent....


couldn't have said it better myself

1 BTC = 1 BTC
renodaret
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December 27, 2013, 10:36:56 PM
 #9

i never get share accepted. why?


[2013-12-27 22:34:45] Stratum detected new block
[2013-12-27 22:35:10] Stratum detected new block
[2013-12-27 22:35:10] thread 0: 243158 hashes, 10.10 khash/s
[2013-12-27 22:35:10] thread 1: 242299 hashes, 10.06 khash/s
[2013-12-27 22:35:10] thread 3: 244214 hashes, 10.14 khash/s
[2013-12-27 22:35:10] thread 2: 243625 hashes, 10.11 khash/s
[2013-12-27 22:35:30] Stratum detected new block
[2013-12-27 22:35:30] thread 0: 203562 hashes, 10.25 khash/s
[2013-12-27 22:35:30] thread 3: 202796 hashes, 10.22 khash/s
[2013-12-27 22:35:30] thread 2: 203535 hashes, 10.26 khash/s
[2013-12-27 22:35:30] thread 1: 203578 hashes, 10.25 khash/s
[2013-12-27 22:35:40] Stratum detected new block
[2013-12-27 22:35:40] thread 0: 110148 hashes, 10.31 khash/s
[2013-12-27 22:35:40] thread 3: 109911 hashes, 10.28 khash/s
[2013-12-27 22:35:40] thread 2: 109760 hashes, 10.27 khash/s
[2013-12-27 22:35:40] thread 1: 109584 hashes, 10.25 khash/s
[2013-12-27 22:36:36] Stratum detected new block
[2013-12-27 22:36:36] thread 3: 580999 hashes, 10.37 khash/s
[2013-12-27 22:36:36] thread 0: 581419 hashes, 10.38 khash/s
[2013-12-27 22:36:36] thread 2: 579621 hashes, 10.35 khash/s
[2013-12-27 22:36:36] thread 1: 580510 hashes, 10.36 khash/s
dimiro
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January 07, 2014, 09:45:45 PM
 #10

Change pool!
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