How to mine Fonero [FNO Coin] [ CPU and GPU mineable coin]

in crypto •  7 years ago  (edited)

Fonero: http://fonero.org/
Announcement: https://bitcointalk.org/index.php?topic=2413943.0
Explorer: http://blocks.fonero.org/
Mining profitability calculator: https://www.cryptunit.com/

Fonero Pools
pool.fonero.org
fonero.hashvault.pro
fno.cryptopool.space

Fonero Markets
https://stocks.exchange
https://crex24.com

Price as of writing this:
0.044269434 USD
0.00000414 BTC

What is Fonero:
The main advantage of Fonero is the use of Ring Confidential Transactions (RingCT) for all transactions. Fonero is the ultimate confidentiality for the transfer of money and information. It aimed on full decentralisation in the system of transferring of digital assets. Fonero is not only a cryptocurrency, it is a decentralised digital system. Fonero is based on CryptoNote technology and uses a unique encrypted data transfer system that works on the basis of the blockchain.

Step 1
Download the Fonero 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.
http://fonero.org/
or
Online wallet: https://fonero.online
Free Faucet: http://faucet.fonero.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://fonero.hashvault.pro/en/ currently has about 43% of network's hash rate. You can pick a lower hash pool if you like.
More info about server ports and which one you should pick can be found here:
https://fonero.hashvault.pro/en/#!/ports
select the port that matches your hardware.

Step 5
Now that you have your miner software , your wallets address and you have picked your mining pool & port. 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.fonero.hashvault.pro:5555 (or whatever port for your hardware) and hit enter

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://fonero.hashvault.pro/en/#!/dashboard
You can also estimate mining rewards based on your hashrate.

Pool Fee : 0.9%
Pools Minimum payout
10 FNO
Default minimum payout (wallet)
10 FNO
Default minimum payout (payment id)
10 FNO

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Nothing against it , but once you know how to mine one cryptonote coin you can mine them all, from your previous posts I think I got the link to cryptunit which lists them nicely for me so now I have wallets for all the top ones considering my low hashrate.

Maybe do a post on expanding your portfolio in this manner targeting some newer lower value coins even with low hashes you can accumalate a lot in a little while although electroneum I would say is everyones best bet now as it just has more publicity although I feel the tech is lagging behind the rest even the usefulness of the coin is not all that. But guess popular does not mean the best.

these post are mostly for the community of these coins to use off of steemit like on bitcointalk , discord etc. My Graft coin guide for example is heavy used as reference. Im do other coins not cryptonote soon , when I run through most of them. BTCZ guide etc, Im move on to other guides not just mining guides as well. I did a edollar guide that coin is pre exchange check that out .

I appreciate the work and yes I think it can be useful to have them split like this, especially for search results. New guides will be welcomed as it is a hassle to try and figure out what coins are even worthwhile, an opinion on the tech and as with all these things how much of a community they have, since in the end they are just businesses and we are buying shares , would be nice to know if the business is even any worth .

I want to write a guide about IPBC strong project with a working product however there were some issue about mining rewards on early blocks so it would be hugely unfair to new miners its a shame really.