Mining

HOW TO MINE VALUTO (SCRYPT ALGO MINING)

(For inspiration see https://www.coindesk.com/information/how-to-mine-litecoin/)

Links:
https://sourceforge.net/projects/cpuminer/files/ (cpuminer download)
http://ccminer.org/ (ccminer for nVidia GPU)
https://linuxhint.com/mine-bitcoins-cgminer-ubuntu/ (cgminer for Ubuntu)
https://macminer.fabulouspanda.com/macminer/ (OSX cpuminer)

 

To mine Valuto (VLU), you will need to use the proof-of-work hashing algorithm called scrypt.

1. You need to have a Valuto wallet address. Obtain one by downloading ValutoPy or by creating a free Web wallet on Valutowallet.com
    
2. Find out whether to CPU or GPU mine using your computer. (As hashrate increases, CPU mining is becoming lesser attractive.)
    
3. Using CPUminer (OSX – Macminer)

   Windows and linux downloads (https://sourceforge.net/projects/cpuminer/files/)

   Mac OSX (https://macminer.fabulouspanda.com/macminer/)
   
   Download your applicable version of the software and place it somewhere in your system.

   You will need to write a script to start the mining.
   Use notepad or any other text editor and input the following formula in one line.

   formula:
   start “path” minerd.exe – -url URL:PORT -a scrypt – – userpass USERNAME.WORKER:PASSWORD

   example input:
   start “C:\cpu-miner-pooler” minerd.exe –url stratum+tcp://angrypool.com:3433 -a scrypt –userpass username.1:x

   Run the script, and check within your command prompt/terminal or via. the chosen pool, that your CPU mining is working. Weeeee.
    

4. Using cgminer. (Cross-platform GPU mining. Versions above 3.72 does not support scrypt mining)

   Linux / OSX download: https://linuxhint.com/mine-bitcoins-cgminer-ubuntu/ (see this for installation)

   Windows download: http://cryptomining-blog.com/wp-content/download/cgminer-3.7.2-windows.rar

   Extract the software into an easily found folder, such as “C:/cgminer/” etc.Use the command prompt/terminal to navigate to the extracted folder using the “cd” command. (cd C:/User1/Desktop/Example) etc. 

   Type in cgminer.exe –n when standing in your cgminer folder with cd command.
   This will list all your devices connected to the PC. Your graphics card should pop up under this list; if not, you’ll have to research how to set up your graphics card.

    

   If successful, you will need to create a script again. Save the file as .bat on Windows with your correct parameters, and run the .bat file.

    

   formula:

   Start “path” cgminer — scrypt -o URL:PORT -u USERNAME.WORKER -p PASSWORD

    

   example input:

   Start “C:\cgminer\” — scrypt -o stratum+tcp://angrypool.com:3433 –userpass username.1:x

   If successful, cgminer will now start running and showing statistics in the command prompt/terminal.