Author

Topic: How to mine Molecule Coin [MOL] using Digitalocean Cloud VPS (Read 2837 times)

newbie
Activity: 6
Merit: 250
Change pool!

I am mining with a low-end cpu. I have tried in a couple of mines. Now I am trying on the third one. Nothing accepted so far.

What is your average time between accepted shares?
full member
Activity: 224
Merit: 100
Change pool!
sr. member
Activity: 350
Merit: 250
i never get share accepted. why?


[2013-12-27 22:34:45] Stratum detected new block
[2013-12-27 22:35:10] Stratum detected new block
[2013-12-27 22:35:10] thread 0: 243158 hashes, 10.10 khash/s
[2013-12-27 22:35:10] thread 1: 242299 hashes, 10.06 khash/s
[2013-12-27 22:35:10] thread 3: 244214 hashes, 10.14 khash/s
[2013-12-27 22:35:10] thread 2: 243625 hashes, 10.11 khash/s
[2013-12-27 22:35:30] Stratum detected new block
[2013-12-27 22:35:30] thread 0: 203562 hashes, 10.25 khash/s
[2013-12-27 22:35:30] thread 3: 202796 hashes, 10.22 khash/s
[2013-12-27 22:35:30] thread 2: 203535 hashes, 10.26 khash/s
[2013-12-27 22:35:30] thread 1: 203578 hashes, 10.25 khash/s
[2013-12-27 22:35:40] Stratum detected new block
[2013-12-27 22:35:40] thread 0: 110148 hashes, 10.31 khash/s
[2013-12-27 22:35:40] thread 3: 109911 hashes, 10.28 khash/s
[2013-12-27 22:35:40] thread 2: 109760 hashes, 10.27 khash/s
[2013-12-27 22:35:40] thread 1: 109584 hashes, 10.25 khash/s
[2013-12-27 22:36:36] Stratum detected new block
[2013-12-27 22:36:36] thread 3: 580999 hashes, 10.37 khash/s
[2013-12-27 22:36:36] thread 0: 581419 hashes, 10.38 khash/s
[2013-12-27 22:36:36] thread 2: 579621 hashes, 10.35 khash/s
[2013-12-27 22:36:36] thread 1: 580510 hashes, 10.36 khash/s
legendary
Activity: 1358
Merit: 1093
Hope springs eternal in the heart of noob miners. CPU mining is dead, the only winner here is the guy posting the affiliate link. Do your homework, learn to mine altcoins using GPUs and keep your eye open for new FPGA/ASIC miners for litecoin and scrypt altcoins.
ASIC scrypt miners will not be as they were with Bitcoin don't dream about GHs of hashing... and by the way CPU mining is designed to offer every miner a chance to make a lot not like other currencies where silly miners hash a lot and dump like a **** for one cent....


couldn't have said it better myself
newbie
Activity: 42
Merit: 0
Hope springs eternal in the heart of noob miners. CPU mining is dead, the only winner here is the guy posting the affiliate link. Do your homework, learn to mine altcoins using GPUs and keep your eye open for new FPGA/ASIC miners for litecoin and scrypt altcoins.
ASIC scrypt miners will not be as they were with Bitcoin don't dream about GHs of hashing... and by the way CPU mining is designed to offer every miner a chance to make a lot not like other currencies where silly miners hash a lot and dump like a **** for one cent....
legendary
Activity: 1358
Merit: 1093
cpu mining is far from being dead. molecule is a currency designed for cpu mining.
more than that not everyone has an advanced gpu card or likes to pay a lot for electricity.
this is where solutions like cloud vps mining can be an option.
sr. member
Activity: 285
Merit: 250
Hope springs eternal in the heart of noob miners. CPU mining is dead, the only winner here is the guy posting the affiliate link. Do your homework, learn to mine altcoins using GPUs and keep your eye open for new FPGA/ASIC miners for litecoin and scrypt altcoins.
legendary
Activity: 1358
Merit: 1093
i've tested the code myself and just found the first share - so it 100% works guaranteed!
legendary
Activity: 1358
Merit: 1093
Are you sure u dont need a quark miner for Molecule?  Huh

it's been updated accordingly. thank you.
full member
Activity: 168
Merit: 100
Are you sure u dont need a quark miner for Molecule?  Huh
legendary
Activity: 1358
Merit: 1093
This is a brand new coin, CPU based, only a few days old - https://bitcointalk.org/index.php?topic=371576.380, it's time to generate a great amount of it Wink

Here is a short tutorial to get you started with minimum investment and zero electricity costs.

1. sign up for a digitalocean account here:  https://www.digitalocean.com/?refcode=261c189a4aeb

Deposit $10 and add coupon *LINUX13* or *GIT10* to get $10 extra bonus

2. create droplet  - choose Ubuntu 13.04 x64 - it is better recommended to create one with 4 or 8 cpus at least

3. login via ssh (use putty) with your vps login details

4. execute the following commands:

sudo apt-get update

sudo apt-get install build-essential libcurl4-openssl-dev

wget http://stonefoz.myfastmail.com/cpuminer-quark.zip

unzip cpuminer-quark.zip

cd cpuminer-quark

CFLAGS="-O3 -msse2" ./configure

make

apt-get install screen

screen
  
./minerd -a quark -t 4 -o http://mol.mine-pool.net:9372 -u yourwalletadress -p xxx

(where -t 4 means 4 cpus for example, choose -t 8 for 8 cpus and so on)

alternatively you could use:

./minerd -a quark -o stratum+tcp://mol.forkpool.com:8372 -u yourwalletaddress

That's all!

when logging back again use "screen -r" to restore session


If you liked the guide please send some Molecules my way  Grin ===>>>  JtDq3mX8XCY3YvhYG9hsP8zCanL5563rZV
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