[Mining] How to mine Weycoin $WAE

in #cryptocurrency7 years ago (edited)

Welcome to 60 Second Crypto! We run a YouTube channel dedicated to bringing cryptocurrency and mining to the accessibility of everyone interested. For anyone interested, you can see video tutorials alongside our text posts at https://www.youtube.com/channel/UCbYNZ63SDisUEk8AFLvjomQ

Resources (Advanced Miners)
Coin Name ($ticker): Weycoin (Wae)
Bitcoin Talk Thread: https://bitcointalk.org/index.php?topic=2828392.0
Algorithm: lyra2v2
Video Tutorial:

Pool: pool.weycoin.org
Statum Link: pool.weycoin.org:202526
Miner: ccminer suprminer
Miner Link: https://github.com/fireice-uk/xmr-stak/releases
Install Miner:ccminer
Install mining software by downloading the repository from GitHub (https://github.com/ocminer/suprminer/releases)
Miner Installation Video Tutorial:

Create wallet address:
An easy way to create a wallet for most cryptonote algorithm coins is through the exchange TradeOgre.com - TradeOgre has it's own integrated deposit addresses. After creating an account, simply click "balances", then search for the appropriate coin, and click "deposit". You will be given an address that you can use later by substituting it with (YOUR WALLET ADDRESS). While mining into and storing coins in an exchange is typically a riskier option than storing it on a device, it also tends to be more convenient. Another way to create a wallet and receive an address is by downloading the official wallet for the coin and creating a wallet - each coin's official GUI wallet comes with its own set of instructions. You can find the official wallet link in the bitcoin talk thread listed above.

Open any default ccminer batch file using notepad. Adjust the following settings in the script:
a. -a lyra2v2 (or vertcoin)
b. pool URL pool.weycoin.org:202526
d. Username: (YOUR WALLET ADDRESS)
e. Password: whatever you want (used for your own monitoring of your RIG's name)

That's it! Your miner should start working right away. To test your hash rate, simply press "h" with the miner program's window open. If you have any trouble, check troubleshooting posts on our Steemit profile or Youtube Channel. Happy mining, and remember to upvote & subscribe!