Ethereum: Primecoin initial mining of server
As the popularity of cryptocurrencies continues to grow, many users want to get to know the mining process of their coins, including Ethhereum (ETH). Adjusted with a spare server and wallet, you can now enter the solo mining world. Before you start, check that it is possible to dig Primecoin (P2UK), just without a server and pool.
Primecoin Basics
Primecoin is an alternative cryptocurrency that uses a (POW) consensus algorithm as well as Bitcoin. Sean Smith created it in 2014. As a fork of the Litecoin project. P2UK uses a modified version of the SHA-256 bag algorithm and the approximately 1.5 ETH award for the Block Awards.
solo mining with server
You will need Primecoin Solo mining:
- Ubuntu VPS Server (any operating system will do it)
- Operating system compatible cash software
- Ethereum mining pool or one mining drill tower
Although it is technically possible to determine solo mining, this can only be the most effective way to do P2UK mining. So so is:
* Hardware Requirements : Primecoin Mining requires powerful hardware with significant processing power, memory and storage. One server may not provide enough resources to get significant bag fees.
* Network Connection : You need a stable internet connection to contact Ethereum network and download new blocks. The use of only one server can limit the speed of mining due to limited permeability.
* Wallet management
: You only need to handle a few wallets with one wallet for different blockchain networks (eg Ethereum). It can be complicated and time consuming.
Setting a single server with Primecoin
Make the following steps to start:
- Set the Ubuntu VPS server with the necessary software (eg MySQL, Apache).
- Install Primecoin customer software on the server.
- Download Ethereum cash software compatible with the operating system.
- Create a new wallet and initiate it using Ethereum wallet software.
mining p2uk solo
In order for a p2uk to use one server:
- Set the mining pool or create a solo mining drill tower.
- Configure the mining drill tower to use the Primecoin Sha-256 bag algorithm.
- Login to Ethereum network using your cash software and download new blocks.
While P2UK can be dug from the server, the reward will be significantly lower than the use of Ethereum mining pool. Based on the Primecoin website, one mining can generate 10-15 ETH a day with a fair bag.
Conclusion
In conclusion, although it is technically possible from the server and pool, it is not the most effective or practical approach for several reasons:
* Hardware Requirements : Only the server does not provide sufficient processing of performance, memory and memory to obtain significant bag loads.
* Network Connection : Limited bandwidth can slow down mining speed.
* Wallet management : Multiple wallet management can be complicated at different blockchain networks.
If you are interested in more about solo mining, I suggest you discover alternative cryptocurrencies that are easier to dig from a single server. However, if you have hardware and resources to determine the mining equipment, find it! Remember that the reward cannot be as high as the use of Ethereum mining pool.