I have a few spare Virtual Machines hosted on a Mac Mini at home. Just trying to use Virtual Machine to learn mining cryptocurrency.
BitCoin had been quite a hot trend recently due to high price, so mining BitCoin is very difficult now. Alternatively, Dogecoin is the most profitable coin to mine as the difficulty level is around 900 (as of 8 March 2014).
This is a easy tutorial to setup your Dogecoin mining machine using CPU power.
Basically, there are few steps:
1. Get a Dogecoin wallet
To start using or earning Dogecoin, you’ll need a wallet. A Dogecoin wallet is just like your online bank account, just that the entire Dogecoin wallet is stored securely on your computer. From the Dogecoin wallet, you can send and receive Dogecoin, as well as review a history of your transactions.
Download the Dogecoin wallet here.
2. Join a Dogecoin pool
There are many Doge mining pools you can join. This post is specifically prepared for nut2pools.com.
3. Configuring Virtual machine for Dogecoin Mining
Assuming you have install Centos Linux and now you are going to install CPU miner on the Linux system.
Follow these steps:
Ensure you Linux system has the following packages:
# yum -y update
# yum -y groupinstall “Development Tools”
# yum -y install git make dos2unix wget zlib-devel bzip2-devel python-devel libidn-devel libcurl-devel
Now, download the miner tool and make it.
# wget http://sourceforge.net/projects/cpuminer/files/pooler-cpuminer-2.3.2.tar.gz
# tar -xzf pooler-cpuminer-2.3.2.tar.gz
# cd cpuminer-2.3.2
# ./configure CFLAGS=”-O3″
4. Setup your worker
Login to the nut2pools.com and create your first worker. Click on the “My Workers”.
Issue this command line to run the CPU Miner
# ./minerd –url stratum+tcp://dogus.nut2pools.com:5585 –userpass=user.worker1:pass1
You can find out more Settings for Stratum on Getting Started page
p/s: The purpose of this tutorial is to get me started to mine Dogecoins for fun. Whether it is worth the effort or profitable is another question.
If you like this tutorial, please consider donate some Dogecoin. Thanks!