HOW TO MINE BITCONNECT COIN?
To Earn Block reward through PoW mining BitConnect Coin, follow the below steps:
1. DOWNLOAD BITCONNECT WALLET FOR YOUR OPERATING SYSTEM.
BitConnect coin uses a special algorithm called the POW/POS to secure the BitConnect Coin network.
In order to solo mine POW BitConnect coin, you’ll need a BitConnect coin wallet. You will need to wait for the blockchain to download if this is your first time using the wallet. Be patient it can take awhile.
Download the wallet software for Windows operating system. (Note: Guide on Linux, and OSX BitConnect Wallet available soon.)
In window, Open start menu, Search %appdata%, You can see 'roaming/bitconnect' folder.
Close your wallet and create bitconnect.conf by using notepad editor in 'roaming/bitconnect' folder.
Simply copy and paste the following lines in bitconnect.conf file and save it.
rpcuser=Your_UserName password=Your_Password rpcallowip=127.0.0.1 rpcport=4210 listen=1 server=1 addnode=18.104.22.168 addnode=22.214.171.124 addnode=126.96.36.199 addnode=188.8.131.52
Open BitConnect wallet by double click on bitconnect.exe.
3. SETUP MINER BitConnect coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does.
If you want to mine on a Windows Operating System, then you'll need to create your miner batch file to point to the wallet.
- download zip file from github
- Extract the zip file
- Simply open notepad and then copy and paste the following line or Download this pre-configured RunMe.bat file and place it in your miners directory.
minerd --url=http://127.0.0.1:4210 --userpass=username:password
Now save the file as "RunMe.bat" in the same folder containing your miners application files. You are now ready to mine first POW BitConnect coin Block, double click on "RunMe.bat" to start mining.
(Remember: When mining solo as mention earlier, it takes a bit of luck to 'find' block, but when you do solve block, all of the coins related to that block are yours to keep. While this is enticing for the beginner, you are better off mining in a pool.)