Friday, January 29, 2016

How To Mining Bytecoin

Bytecoin Mining How-To


BY : DStrange 
https://bitcointalk.org

Preparatory stage:

1. Launch command line, navigate to Bytecoin's folder (e.g., “c:\bytecoin”)and launch “bytecoind” (Bytecoin daemon).

   cd c:\bytecoin
   bytecoind


 

The daemon will start synchronizing the blockchain with the Bytecoin network. This may take some time. 





2a. Open another instance of command line and navigate to Bytecoin’s folder. Generate new wallet with “simplewallet”.

   simplewallet --generate-new-wallet=example_wallet.bin --pass=12345

Here “example_wallet.bin” is the name of the wallet (use .bin file extension) and “12345” is the password for your new wallet.



Wallet’s response:

 

Type in “refresh” command and press Enter:

   refresh

 

The wallet will start synchronizing with the daemon:




2b. Alternatively, you can open an existing wallet (instead of creating a new one). 

   simplewallet --wallet-file=example_wallet.bin --pass=12345

Here “example_wallet.bin” is the name of the wallet (use .bin file extension) and “12345” is its password.



The wallet will start synchronizing with the daemon automatically. Once finished, you will be prompted with your current balance:



3.Start mining right from the wallet using “start_mining” command. The screenshot below contains wallet’s response:

   start_mining





Daemon’s response:

  
4. You can check your current hashrate by using “show_hr” command in daemon. The daemon will start showing your current hashrate (number of hashes generated per second). Use “hide_hr” command to make the daemon stop showing hashrate:

   show_hr
   hide_hr




5. To stop mining simply use “stop_mining” command either in daemon or in wallet:

   stop_mining

  [imghttp://i.imgur.com/ldiJVPO.png]http://[/img]

6. Do not forget to properly exit the daemon and wallet by using “exit” command:

   exit




How To Transfer Coins

1. Start the bytecoind.exe file, let it synchronize with the network
2. Open your wallet 
2. Use refresh command to sync it with the daemon
3. Type

transfer <number from 0 to 10> <receiver's address> <number of coins>

Be sure that receiver's address has no spaces - that may occur if you copy it from somewhere. 
remember not to use "Ctrl+C" in command line. Use right-click and "paste" command instead. 

Number of coins should have eight decimal places.

<number from 0 to 10> is called "mixin_count" in wallet hap info, which is the number of transactions your is indistinguishable from. This is probably a degree of anonymity, which is described in whitepaper

Example: "transfer 0 239gj9rgRe2XnGuBnTvqiE96ddhwwAQiC2BU1n7Z4pPPVmiCazCSA2JeEQH5Zp6H5MHW2Vb36Te1bjn LgW1MX88A5Rwr1r2 9000.00000000"

4. Press enter and wait. 

As a result you should have wallet response similar to this one:


No comments:

Post a Comment