How to mine leviarcoin [XLC Coin] [ CPU and GPU mineable coin]

in #crypto7 years ago (edited)

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About Leviarcoin: https://leviarcoin.org/project
In a few words LeviarCoin, by its nature, is not only a software protection tool, but also a currency.
LeviarCoin is a CryptoNote-based currency, which implements its known main features:

Untraceable payments
It provides users with a completely anonymous payment scheme and implements the ring signature technology which allows you to sign a message on behalf of a group.

Unlinkable transactions
By using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments.

Double-spending proof
Nobody is able to spend the same money twice — even if all his signatures are anonymous. Every signature contains a key image. These key images are used to prevent double-spending.

Blockchain analysis resistance
Non-repeating one-time addresses and mixed keys in ring signatures make the whole blockchain resistant to analysis.

Egalitarian Proof of Work
The proof of work mechanism acts as a voting system. CryptoNote brings this equality with its egalitarian proof of work, utilizing built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices, but perfectly suitable for ordinary PCs.

Why LeviarCoin:
Blockchain is immutable, changing the history requires too much effort compared to benefits
High availability, virtually infinite scaling
Blockchain is cheaper to use than known DRM servers
Everyone holds a copy of Blockchain and no one "owns" it

Step 1
Download the Leviarcoin Windows Miner We'll use XMR-STAK for both easy CPU and GPU mining.

Windows Binaries : https://github.com/fireice-uk/xmr-stak/releases

Step 2
Download your wallet.

https://leviarcoin.org/

Step 3
Write down your restore seed + password and take note of your wallets address you'll need it later.

Step 4
Pick your mining pool.
we'll use: https://leviarcoin.hashvault.pro/ currently has about 40% of network's hash rate. You can pick a lower hash pool to help spread the network hash around.

Step 5
Now that you have your miner software , your wallets address and you have picked your mining pool. Lets put it all together and setup your miner.

Unzip XMR-STAK and then run as admin (right click select run as admin) xmr-stak.exe.

XMR-STAK will ask if monero or aeon
Type monero and hit enter

Next it will ask you for your Pool URL input:
pool.leviarcoin.hashvault.pro:3333 and hit enter or whatever pool you picked.

Next it will ask you for you Wallet address:
Input your wallet address and hit enter double check it!!

it will ask you for a password some pools allow worker ID's you can put one here:
example: MYRIG and hit enter

everything else it ask just type "N" for no and hit enter.

Step 6 Your miner should configure itself and start running.
You can check your mining stats by inputting your wallets address on the main page of your pool :
https://leviarcoin.hashvault.pro/en/#!/dashboard
You can also estimate mining rewards based on your hash.
Pools Minimum payout

5 XLC

Default minimum payout (wallet)

5 XLC

Default minimum payout (payment id)

5 XLC

Be sure to give me a follow. I will be doing more mining guides soon thank you .

Donations in Leviarcon can be sent to wallet address:
LqwfkVKvAWzDo1xxJ25JRn7jPeNP6tSh7Fa2pZ39qK52E7c3AnpyVHv5X61FS9pj2t6wxCj19cdE3PjkFvwto7jgDKGa3WM

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Thanks for the article, helpful for mining. XLC looks like its a good coin, hoping they can list on more exchanges after the fork and whitepaper.

If they can do what they say this project will be great ! check out dero, and fonero as well decent projects !

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