Topic: How to Earn Money Mining Virtual Currencies - A Full Guide! (Read 937 times)

Hey guys, I wrote up this post for Reddt and it seemed to explode. Since it got such a good reaction I figured I would post it here too to help the newbies that are looking to mine get started.

This quick guide will be done for CasinoCoin over at MooPool.com since it's my coin of choice, but can be applied to any virtual currency.

GPU Guide (You can run a miner for every GPU and CPU you have)

To my knowledge the most efficient GPU miner at the moment is CudaMiner
Download the correct version for your machine and extract the archive to a folder somewhere convenient.
Open up notepad and paste in the following.
Now save it as StartMining.bat in the miner folder and run it.
You should start seeing blocks detected, and once the pool tunes into your hashing power you can check the hash rate of your shares to get a feel for what you're capable of.
-q is for quiet mode, when turned off you will see all of your hashing. When turned on you will only see your accepted shares and their total hash rates.
Now it's time to make an account at MooPool.com so we can customize the miner.
Start by adding a worker for each device you'll have mining.
Next we customize the bat file in the following manner.
(If you have multiple GPU's you may need additional changes to your bat file, I'm not sure how to set this up.)
Now save it and start it up. If you did everything correctly you should see you hash rate start to rise then average out on the websites dashboard. You are now helping to break "blocks" worth 50CSC each. When the pool breaks one it is distributed fairly to everyone who helped based on the amount of work they contributed. The faster the pool mines, the quicker we all get CSC.
Lastly you need to download a personal CSC wallet HERE so you can withdraw your funds. Once you have your wallet address remember to add it to your account and enable automatic payouts.

CPU Guide
To my knowledge the most efficient CPU miner at the moment is Pooler CPU Miner
Download the correct version for your machine and extract the archive to a folder somewhere convenient.
Open up notepad and paste in the following.
Now save it as StartMining.bat in the miner folder and run it.
You should start seeing blocks detected, and once the pool tunes into your hashing power you can check the hash rate of your shares to get a feel for what you're capable of.
-q is for quiet mode, when turned off you will see all of your hashing. When turned on you will only see your accepted shares and their total hash rates.
Now it's time to make an account at MooPool.com so we can customize the miner.
Start by adding a worker for each device you'll have mining.
Next we customize the bat file in the following manner.
Now save it and start it up. If you did everything correctly you should see you hash rate start to rise then average out on the websites dashboard. You are now helping to break "blocks" worth 50CSC each. When the pool breaks one it is distributed fairly to everyone who helped based on the amount of work they contributed. The faster the pool mines, the quicker we all get CSC.
Lastly you need to download a personal CSC wallet HERE so you can withdraw your funds. Once you have your wallet address remember to add it to your account and enable automatic payouts.
Turning your CSC into USD
In order to sell your CSC you will need to use an exchange. So far Cryptsy is the only site that does CSC exchanges. When you're happy with the price sell off your CSC for BTC. Next take your BTC and send it to CoinBase where you can easily sell it for USD and have it sent to your bank account.
Hope this helps some of you out, Happy Mining!
If you found this of use and would like to donate these are my wallets, or you can just mine with the sample .bat launchers for a bit
CSC: CZcoArhSWT4hYPYUkVVvV5NswL3AvBBH3W
BTC: 152GbYdHrU8QtCf4YpJaqNR5WPR6ZpTC4q