Hello everybody,
I am just starting on mining. I would like to mine altcoins and especially those, which are brand new, menas not even traded on exchanges.
Now I ask myself the question what I need for solo mining. I'm not interessed in highly efficient hardware, but what information what tools I need for mining new altcoins.
I could think of following things:
1) wallet client software (see Bitcoin Core)
2) source code of the wallet client software
3) specially adapted mining software
4) IP and port of a running node (full node)
5) credentials for this node
6) data from the blockchain, genesis block, some hash codes, ...
Which of these points are really necessary? And what did I forget?
If you need an example I think of vDinar, which is a nearly unchanged Litecoin clone.
Thanks in advance!
PS: I would like to do solo mining and not joining a mining pool. And I would like to use CPU/GPU and no FPGAs or ASICs.
I am just starting on mining. I would like to mine altcoins and especially those, which are brand new, menas not even traded on exchanges.
Now I ask myself the question what I need for solo mining. I'm not interessed in highly efficient hardware, but what information what tools I need for mining new altcoins.
I could think of following things:
1) wallet client software (see Bitcoin Core)
2) source code of the wallet client software
3) specially adapted mining software
4) IP and port of a running node (full node)
5) credentials for this node
6) data from the blockchain, genesis block, some hash codes, ...
Which of these points are really necessary? And what did I forget?
If you need an example I think of vDinar, which is a nearly unchanged Litecoin clone.
Thanks in advance!
PS: I would like to do solo mining and not joining a mining pool. And I would like to use CPU/GPU and no FPGAs or ASICs.
Hi brain000!
We thought you could be interested in knowing that now vDinar offers many more changes!
