How to mine Ethereum Classic (ETC)? Pool Mining

herominers (40)in #ethereum • 4 years ago (edited)

What is Ethereum Classic?

Ethereum Classic is a decentralized computing platform that executes smart contracts. Applications are ran exactly as programmed without the possibility of censorship, downtime, or third-party interference.

Ethereum Classic is a distributed network consisting of a blockchain ledger, native cryptocurrency (ETC) and robust ecosystem of on-chain applications and services.

Ethereum Classic provides a permissionless way to manage digital assets without the need for intermediaries, such as banks and other institutions.

Ethereum Classic allows uncensorable smart contracts to be written, deployed and executed; #ETC enables truly unstoppable programmable money.

Ethereum Classic is the continuation of the unaltered history of the original Ethereum chain. The ETC network exists to preserve the principle of “Code is Law”.

To learn more about Ethereum Classic’s formative history and ETC’s promising future, check out the project’s roadmap.

Decentralized

Active ecosystem of participants in a global, permissionless network

Immutable

Untampered ledger since the 2015 Ethereum Classic genesis block

Unstoppable

Censorship resistant network executing contracts exactly as programmed

Enjoy the Code: https://github.com/ethereumclassic
Website: https://ethereumclassic.org
Reddit: https://www.reddit.com/r/EthereumClassic
Discord: https://discord.com/invite/hQs894U
Telegram: https://telegram.me/ethclassic

Now that we know the details about Ethereum Classic, let’s get to mining some ETC

Ethereum Classic (ETC) Mining Pool: Those who have no idea about mining can easily start mining by watching this video.

Step 1 — Create Ethereum Classic (ETC) Wallet Address

Before you Start Mining, you need a wallet address. There are various options for having an ETC wallet.

Wallet: MyCrypto
Hardware Wallet: Ledger, Trezor
Exchange Wallet: Binance, Okex, Bittrex

Step 2 — Download Mining Software

There are many miner applications where you can mining Ethereum Classic. Below we have explained in detail how to organize them.

Step 3 — Edit the bat File

SRBminer-Multi v0.5.7+ (Windows, Linux, CPU, AMD GPU)

Method 1: Run guided_setup.bat file and answer questions:

Configuration name: etc-herominers
Do you want to use multi algorithm mining? n or y (optional)
Enter algorithm 0 name: etchash
Address and port of mining pool: etc.herominers.com:10161
Wallet address: YOUR_ETC_WALLET_ADDRESS
Password: YOUR_WORKER_NAME
Do you want to use your CPU for mining algorithm 0 ? n or y (optional)
Do you want to enable logging? n or y (optional)
Do you want to enable compute mode? y or n (optional)

Method 2: Open start-mining-ethereum-classic.bat file and copy / paste example below.

setx GPU_MAX_HEAP_SIZE 100
setx GPU_MAX_USE_SYNC_OBJECTS 1
setx GPU_SINGLE_ALLOC_PERCENT 100
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_MAX_SINGLE_ALLOC_PERCENT 100
setx GPU_ENABLE_LARGE_ALLOCATION 100
setx GPU_MAX_WORKGROUP_SIZE 1024

@echo off
cd %~dp0
cls

SRBMiner-MULTI.exe --disable-cpu --algorithm etchash --pool etc.herominers.com:10161 --wallet YOUR_ETC_WALLET_ADDRESS --password YOUR_WORKER_NAME
pause

lolMiner v1.16+ (Windows, Linux, AMD)

Open mine_etc.bat file and copy / paste example below.

lolMiner.exe --algo ETCHASH --pool stratum+tcp://etc.herominers.com:10161 --user YOUR_ETC_WALLET_ADDRESS --pass YOUR_WORKER_NAME
pause

Team Red Miner v0.7.18+ (Windows, Linux, AMD)