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How to solo mine Bitcoins and Altcoins (TRC, LTC, NMC, DVC, ect)

April 11, 2014

How to solo mine Bitcoins and Altcoins (TRC, LTC, NMC, DVC, ect)

After days of research I have figured out how to tell people in laymen’s terms how to solo mine bitcoins. (I will add more links to this post soon) Unless you have a very fast graphics card or a mining rig it’s not worth it, unless you want to wait weeks to months. Some Altcoins have a quicker solve chance and you can successfully solo-mine them with even relatively slow cards. This is a guide only for windows users Here are the steps.

1. Get the “-qt” file.
This is the wallet software that you locally store coins and connect to the coin’s server from.

You can find the the -qt files for these coins here:

    • Alt
    • Super Alt
    • Even less used alt coins

Just search Google for each coin. For example: search “Litecoin -qt wallet file”

Then you need to open the .exe file and let the wallet connect to the server and download the blocks, this can take hours for some coins.

2. Find some mining software.

Any mining software will do. Most people mining in pools already know about these and how to use them. Here are some miners that people use.

3. Setup the .conf file

Now you need to find where the .conf file will go. This stores your local miner info so you can get credit for mining off of your local host address.

You need to create this file by first finding the folder it goes in. It should be hidden in the appdata folder. For example at:

C:\Users\YOURUSERNAME\AppData\Roaming\Terracoin

or

C:\Users\YOURUSERNAME\AppData\Roaming\Bitcoin

Obviously replace YOURUSERNAME with whatever your computer user name is, the name you use when you log on to windows.

Then once you have found the folder for the particular coin you want to mine create a text file and name it bitcoin.conf or terracoin.conf or whatever coin your mining.

For Terracoin the example for what to write in the text file is:

server=1
rpcuser=YOURMINERNAME
rpcpassword=YOURPASSWORD
rpcallowip=127.0.0.1
rpcport=18332

For Bitcoin an example is:

rpcuser=YOURMINERNAME
rpcpassword=YOURPASSWORD

Bitcoin’s port is 8332, some coins have a port they usually use. Though any random unused port can be used. So any random set of numbers that are free on local host.

Save the text file as whatever.conf

4. Start your miner

You will need to open your wallet first in server mode. To do this go to the folder where you start your wallet. Where the exe file is. Then make a text file in that folder. Name it Server.bat. Change the text file to a .bat file. Then edit it in a text editor to say “bitcoin.exe -server” (replace with the name of whatever wallet exe you are trying to start). Save. Then run the .bat file and it should start the wallet.

Once the wallet is synced open your miner too. Type in your local host info and port. (Some miners do this on two lines, if port isn’t asked for assume you need to do both on one line). Like this example for host:

127.0.0.1:18332

Hit enter, then type the user name you put in the .conf file

YOURUSERNAME

Hit enter, then type your password from the .conf file

YOURPASSWORD

Hit enter and you should start mining. You will know it’s working after a bit when it says:

New block detected on network (or something like this)

CGminer Example .bat file:

cgminer -o 127.0.0.1:hostnumber -u username -p password

add –scrypt to the line if it is a scrypt coin

When you finally mint coins you will get an accept, just like when you got shares for mining in a pool. So when you notice you have 1 A you have mined a bunch of coins and should have a payout in your wallet program that you kept open this whole time.

If you followed these instructions the only way you will get an error is if you type something wrong, which is easy to do. I have been frustrated a couple times why something wasn’t working and then found out I wasn’t typing a “.” Be meticulous.

The difficulty on some coins is now very high. It may take months, or you could never mints something. It’s based on luck and the amount of power you have to mine. The more power you have, the more lottery tickets you get in mining to solve the block. Pool mining is a better option for many coins because it is so hard to solo mine.

http://maunderingcabal.blogspot.co.uk/2013/02/bitcoin-mining-log-9-how-to-solo-mine.html

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