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Author Topic: Hi all.How to mine from the wallet(QT client)instructions  (Read 7733 times)
Mrriddick (OP)
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January 11, 2014, 04:27:47 PM
 #1

Hi all. I am a new user of this forum because I think it is the best forum about the cryptocurrency.I am very happy that I can be here.
Due to the numerous inquiries by topic :  [ANN][VTC] Vertcoin How to mine  from the wallet?I decided to write a short and simple instructions.

How to mine  from the wallet(QT client).(CPU mine)

1. Open Wallet.
2. Choose Help.
3. Select Debug window.
4. Select Console.
5. Type “setgenerate true -1” to use all processing cores.

Note : If you want to use 2 / 4/ 6 cores then use “setgenerate true 4” command to use 4 cores (change the number if u need to)
       If you want end mining type "setgenerate true 0".

Next step:Now you have to check if your client is mining or not, just type “getmininginfo” command  in that same window,
          you should start to see your hashespersec reported as following.


{
"blocks" : 7750,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00955156,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 573,
"networkhashps" : 7380675,
"pooledtx" : 0,
"testnet" : false
}


Now you should start to see your hashespersec reported, if hashespersec is not zero, you’re doing it right.

You can also check some other stats with following commands.

getdifficulty

getprimespersec

getinfo

I hope someone does it profit. Grin
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 23, 2014, 09:33:23 PM
 #2

very thanks for this post...
 
But what to do if hashespersec is equals to zero?

thaks
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April 23, 2014, 11:04:14 PM
 #3

If you do this, while you'd be mining, the possibilities of actually mining a block are basically zero.

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July 23, 2017, 11:01:38 PM
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Too bad a lot of QT client wallets for altcoins took this feature out.

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Velkro
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July 24, 2017, 12:18:41 AM
 #5

If you do this, while you'd be mining, the possibilities of actually mining a block are basically zero.
This, and everything will work slowly on your PC and you will be paying for that in electricity bills.
Mining is for professionals only now, with huge money to invest and clever minds to survive in this competetive market.
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October 10, 2017, 03:14:37 AM
 #6

If you do this, while you'd be mining, the possibilities of actually mining a block are basically zero.
This, and everything will work slowly on your PC and you will be paying for that in electricity bills.
Mining is for professionals only now, with huge money to invest and clever minds to survive in this competetive market.

you can easily mine with laptop to get some starter amounts. vps is your friend as well

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dillpicklechips
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October 10, 2017, 03:53:57 AM
 #7

If you do this, while you'd be mining, the possibilities of actually mining a block are basically zero.
This, and everything will work slowly on your PC and you will be paying for that in electricity bills.
Mining is for professionals only now, with huge money to invest and clever minds to survive in this competetive market.

you can easily mine with laptop to get some starter amounts. vps is your friend as well

You're talking about mining other cpins and not Bitcoin, right? If you are talking about mining Bitcoin by following your suggestion then it would not be profitable at all. Mining Bitcoin has a set of requirements to make it "profitable."
charlie137
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October 10, 2017, 04:00:42 AM
 #8

If you do this, while you'd be mining, the possibilities of actually mining a block are basically zero.
This, and everything will work slowly on your PC and you will be paying for that in electricity bills.
Mining is for professionals only now, with huge money to invest and clever minds to survive in this competetive market.

you can easily mine with laptop to get some starter amounts. vps is your friend as well

You're talking about mining other cpins and not Bitcoin, right? If you are talking about mining Bitcoin by following your suggestion then it would not be profitable at all. Mining Bitcoin has a set of requirements to make it "profitable."

I started with btc on macbook pro 2012 (started this year). then swapped to altcoins. I guess btc mining wasn't profitable at the moment, but swapped altcoins were huge. depends on the set of your skills, I am pretty sure you can start with even less.

/__      ___ (  /    
\\--`-'-|`---\\ |      AXErunners
 |' _/   ` __/ / 
 '._  W    ,--'     
    |_:_._/
WorldEG
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October 10, 2017, 07:26:55 PM
 #9

If you do this, while you'd be mining, the possibilities of actually mining a block are basically zero.
This, and everything will work slowly on your PC and you will be paying for that in electricity bills.
Mining is for professionals only now, with huge money to invest and clever minds to survive in this competetive market.

you can easily mine with laptop to get some starter amounts. vps is your friend as well

You're talking about mining other cpins and not Bitcoin, right? If you are talking about mining Bitcoin by following your suggestion then it would not be profitable at all. Mining Bitcoin has a set of requirements to make it "profitable."

I started with btc on macbook pro 2012 (started this year). then swapped to altcoins. I guess btc mining wasn't profitable at the moment, but swapped altcoins were huge. depends on the set of your skills, I am pretty sure you can start with even less.

can you give more details? i guess you're talking about cpu mining.
prepperone
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December 27, 2017, 03:41:45 PM
 #10

Can anyone help me, please?

I have setted up the QT core client for an altcoin and today I saw the message (popup from taskbar) that I'm earned 50 YTN.
But I did not found them in my transaction list and the balance is still zero.

Where is the amount sent to? I have never set an address. Should I do this? And how?

Is there any possibility to see some statistics? Mined blocks, earnings, etc?

Thank you guys
EchoCoin
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April 04, 2018, 01:05:56 PM
 #11

Hi all. I am a new user of this forum because I think it is the best forum about the cryptocurrency.I am very happy that I can be here.
Due to the numerous inquiries by topic :  [ANN][VTC] Vertcoin How to mine  from the wallet?I decided to write a short and simple instructions.

How to mine  from the wallet(QT client).(CPU mine)

1. Open Wallet.
2. Choose Help.
3. Select Debug window.
4. Select Console.
5. Type “setgenerate true -1” to use all processing cores.

Note : If you want to use 2 / 4/ 6 cores then use “setgenerate true 4” command to use 4 cores (change the number if u need to)
       If you want end mining type "setgenerate true 0".

Next step:Now you have to check if your client is mining or not, just type “getmininginfo” command  in that same window,
          you should start to see your hashespersec reported as following.


{
"blocks" : 7750,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00955156,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 573,
"networkhashps" : 7380675,
"pooledtx" : 0,
"testnet" : false
}


Now you should start to see your hashespersec reported, if hashespersec is not zero, you’re doing it right.

You can also check some other stats with following commands.

getdifficulty

getprimespersec

getinfo

I hope someone does it profit. Grin
POD5
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January 07, 2019, 08:52:44 PM
 #12

Nice tutorial.   Grin
However, what if I don't see the parameter "hashespersec" : in my wallet?
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