NB! This article has been updated.
This is a guest post by System 96
In this Bytecoin guide, we will be covering how to pool mine Bytecoin with a CPU and GPU, and how to solo mine Bytecoin.
Solo Mining Bytecoin:
Solo mining Bytecoin is fairly simple, download the Bytecoin simplewallet and daemon on the downloads page, and open up the Bytecoin daemon so it can begin to synchronize with the Bytecoin network. Once it is done syncing, open up the simplewallet and create a wallet file. Now, in the daemon run this command:
start_mining your wallet address
However, solo mining is usually not as profitable as pool mining nor is it suggested, as it only uses your CPU and it would take ages to solo mine one block, however if you do you get the entire block reward :D
Pool mining Bytecoin with CPU:
First, you need to find a pool to mine on. A couple of pools are bytecoin.uk, and bytecoin.party, with both 0% fees. You can find the port numbers on the pool site.
A great CPU mining software is xmrig, which you can download here:https://github.com/xmrig/xmrig/releases
Once you have downloaded xmrig, open up your config file. There, you can set how much CPU the miner can use, among other things. In the user section, put your wallet address (make sure the password field is empty.) In URL, put your mining pool of choice along with the port number. It should look something like this: bytecoin.uk:3333 Then, start xmrig and you should be mining with your CPU :D
Pool Mining with GPU:
Pool mining GPU is a bit more tedious, depending on your graphics card, you will need to download one of the following miners:
These two miners will both have config files, you need to start the miner up and it will give you your GPU config details, copy these, and go into the config file and you need to replace the gpu conf null with your mining config details. Then, later in the config file you need to enter your pool url and port, and wallet address (make sure that password field is empty).
If these two softwares dont work, you can try these software that work with most systems:
And for these miners, no config files are needed, just drag the .exe into a terminal and enter this command for your respective miner of choice:
AMD miner: -o stratum+tcp://yourpoolurl:poolport -u YOUR_WALLET_ADDRESS -p x
Nvidia Miner: -o stratum+tcp://yourpoolurl:poolport -u YOUR_WALLET_ADDRESS -p x
Then run the miner with that command and you will be mining!
That concludes our guide on how to mine bytecoin, if you have additional questions you can head over to our subreddit /r/bytecoinbcn or visit our telegram channel at www.t.me/bytecoinchat
See you all soon fellow enthusiasts!