Mine Electroneum On Windows with only CPU - Fast and easy

in #bitcoin8 years ago (edited)

There's no point mining a coin if you have nowhere to store it! First you'll want to visit my.electroneum.com and create either a paper wallet or an online wallet. While a paper wallet is more secure, it's also a bit more complicated for beginners in the crypto world to manage. Your online Electroneum wallet will also require two-factor authentication, a PIN and Captcha verification each time you log in to manage it, so there are added layers of security.

Your online wallet will also sync with the Electroneum Android mining app (the iOS app is currently pending Apple approval).

Step 1: Go to my.electroneum.com and sign in via Facebook, or create a new account.

Step 2: Verify your email, setup two-factor authentication and create a PIN to use when you log in.

Step 3: Go to the "Manage wallet" tab. This is where you'll see your list of transactions and be able to send or receive Electroneum.

The Method: ELECTRONEUM MINER FOR YOUR CPU

Step 1: Download Electroneum Pool Miner (https://downloads.electroneum.com) and save it to your preferred location.

Step 2: Install the software. Just click the various "Yes" and "I agree" prompts, then launch it from the Desktop shortcut that was created.

Step 3: Let's fill in some information! To get up and running, the Electroneum Pool Miner will need your ETN wallet address and the URL of a Pool to mine to. Go back to your Electroneum wallet and copy the address, pasting it in the first box.

Step 4: Now visit this list of supported pools (https://github.com/electroneum/electroneum-pool#pools-using-this-software) and choose one. Follow these guidelines to determine which one you should choose:

  • Your pool should have a 1% or lower fee (a fee is what the pool takes for its existence/maintenance/operation costs before paying out to you).
  • Your pool should have some kind of support presence. I really appreciate when they have Discord or Telegram channels.
  • Your pool should be located in the same region as you.

We'll use Easyhash.io for this example. You can find all the connection information for Easyhash right here (https://easyhash.io/etn/start)

I'll assume you have a standard midrange CPU as opposed to something like Threadripper. It's ok if you're not sure because the pool should adapt. So let's choose Port 3630. This is how you'll enter the Pool URL into the Electroneum mining software: stratum+tcp://etn.easyhash.io:3630

Step 5: Choose the number of threads to mine with. The software actually wants the number of cores your CPU has.

Step 6: Start Mining! If all goes well, you should see some activity like hashrate and accepted shares in the "Miner output" box.

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