Go ahead and install it and let it synchronize with the blockchain. This could take some time (for me it was about 2 ½ hours), but you can go ahead with the rest of the steps and even mine if you’re using a pool. If you plan on solo mining you’ll have to wait until the wallet is fully synched before you can begin mining. Also it is required for staking and solo mining purpose so let’s see how to create a config file for your wallet. Create a new text document. Next open it and go to File >> Save as. Next in save as type choose All Files (*.*) and the filename should be coinname.conf. Note: It is .conf and not .conf.txt or .config or .cnf or .cng. That’s it! Your config file is ready! Now you need to place ... You will want to connect to a mining pool once you start mining. By default you are solo mining. This means when you find a block you get all of the block reward, but it could take a long time to find one. I noticed on the bottom, it said for me it was estimating 6 months for me to find a block solo mining. Once connected you need to login to a pool, so select a pool from the list by clicking ... Newbie guide for those who want to try solo bitcoin and litecoin mining, using bfgminer and cgminer. The config files shown in the video are available in the readme or example files of the mining folder, but some of them won’t be. For the rpcuser etc it’s just a case of typing into a regular txt file and renaming it to a .conf file. Make sure you download the latest version of cgminer (I ... Fix write config with enable-icarus changes. Sleep if btcd isn’t immediately available and try again when attempting to decode a coinbase. Elaborate what type of pool coinbase transactions to decode and do not print a warning if no devices are attached when decoding. Add a –decode option that decodes a pool’s coinbase transactions and exits. Set up gbt_curl before setting gbt_solo flag ... Solo mining is much more demanding than pool mining if you want consistent payouts because you will have to compete against every other pool and solo miner on the Bitcoin Gold network. There is also the very real possibility that you will never mine a block, especially if you are running a very weak system. Solo mining usually requires a very large investment, and multiple systems, with ... Bitcoin Gold mining. Solo or Pool? One found block will bring you 12.50 BTG plus fees, which amounts to $450 at the current exchange rate, which is not bad at all. But you shouldn’t count on it if you have only one rig. Rubin’s mining calculator recommends solo mining only if you have at least 80 rigs with the specifications mentioned above. Solo mining is just like winning a lottery and there is no magic number that’ll guarantee results. You could either mine a block or you could never solve a block even after mining for a long time. However technically there is a chance of mining a block if you maintain proper communication with the network and keep submitting shares constantly. We can’t tell how long as It all depends on ... Once extracted we can configure the miner by editing the config file to set our Bitcoin Gold address, as well as set our mining pool. The choices for Bitcoin Gold mining pools are: BTG Pool Pro (1% fee) Bitcoin Gold Pool (0.9% fee) Pool Gold (1% fee, 0.01BTG min. payout) For this guide we will use the BTG Pool Pro. Choose the server closest to ... Prohashing is a professional mining pool for 15 algorithms, including scrypt, SHA-256, equihash, MTP, and ethash. Prohashing's optional Trusted Mining Program provides superior returns to other pools for verified miners.
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