Mininig Musicoin: pool, soft, configuration
Musicoin is one of the new currencies that started in 2017. As the developers write, that this is not just a crypt, but an entire ecosystem that allows musicians to release their work, create the most simplified licenses and receive royalties, every time a music lover listens to a song.
Also, Musicoin uses both the blockchain technology and the “smart contract” to fulfill the contract for use along with the payment transaction – automatically and unimpeded – every time the listener presses the “Play” button. No intermediaries are required in the industry. Without monthly fee. So everyone wins.
To use the currency, users can choose either their own stand-alone purse to store Musicoin or simply use a web purse available on exchanges.
- Transparency. Using the technology of blockchain and smart contract, Musicoin is completely transparent to everyone in the world. You can easily view all contracts and transactions.
- Unobstructed distribution. Musicoin for all – without barriers. You can freely use this system anywhere and anytime. Musicoin does not charge a fee to musicians or users for playback. The price of 100% of the game fee comes from the listener to the musician.
- Openness. The Musicoin system is completely open, and everyone can check the source code and help improve it. In addition, the platform will have an open API for developers.
- Created on the Ethereum algorithms.
To begin with, we’ll find a pool through which we will mine, I think the most for Musicoin is the pool musicoin.miningclub.info, At least there honestly count your hashrate.
Soft and its configuration.
First we need a program (miner), i recommended — Claymore’s Dual Ethereum Miner (official developers link) .
Note that you need hardware with a video card that has a minimum of 2GB of memory and a 64-bit operating system.Next, open the folder with the program and look for the .bat file.
Next, we need to create a bat file. For example call it – «start.bat».
We open it with a notepad (or any text editor, and notepad ++, sublimetext, brackets) and see an empty string, while on the right path, we need to create a purse.
This can be done in two ways or create a local one on the computer or create an exchange wallet both options are good, but you can immediately exchange cryptocurrency on the stock exchange and do not wait until the transaction passes.
Therefore, if you want to create an exchange wallet, go to the page about the mining Ethereum Classic, which details the creation of a wallet on the stock exchange.
If you decide to make yourself a local wallet, then go to the official website https://musicoin.org/, Scroll down until Musicoin Wallet appears, and then click on Download. After choose the version for your computer.
And now open Musicoin-client.exe, skip the synchronization and go directly to creating a purse by clicking on the inscription of the new account.
EthDcrMiner64.exe -epool musicoin.miningclub.info:8558 -ewal -eworker -epsw x -allcoins 1
As a result, the file should look something like this:
EthDcrMiner64.exe -epool musicoin.miningclub.info:8558 -ewal 0xb12011cfd9354196c58ef4478f80429d7584524e -eworker amd5 -epsw x -allcoins 1
- 0xb12011cfd9354196c58ef4478f80429d7584524e – your wallet address;
- amd5 – rig`s name.
Save and run, the mining should start. But if you do not have enough memory, get the following picture:
Now we return to the pool and check whether the work of the miner.
To do this, insert the wallet`s address in the following field:
If immediately the information does not appear, wait 5 minutes until it spills on the pool and then reload the page.