[Mining] How to mine Solacecoin $SOLACE
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Resources (Advanced Miners)
Coin Name ($ticker): Solacecoin (SOLACE)
Bitcoin Talk Thread: https://bitcointalk.org/index.php?topic=3297659.0
Algorithm: Cryptonight_heavy
Video Tutorial:
Pool: https://solace.luckypool.io/
Statum Link: pool.sumokoin.com:3333 (not a typo)
Miner: XMR-stak
Miner Link: https://github.com/fireice-uk/xmr-stak/releases
Install Miner: XMR-Stak
Install XMR-stak by downloading the repository from GitHub (https://github.com/fireice-uk/xmr-stak/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.
Enter the following XMR-Stak commands, hitting enter after each line:
a. 0
b. Algorithm: cryptonight_heavy
c. Pool address: pool.sumokoin.com:3333
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!