I spent a rainy Saturday learning how to mine 'Straya coins

in cryptocurrency •  7 years ago  (edited)

I'm no tech head. But I know how to use a PC.... It was raining today, and I had nowhere to be so I thought I'd try my hand at mining cryptocurrency.

The 'Straya coin is new, and as I understand it that means the difficulty of mining it is relatively easy. At least in comparison to other, established cryotocurrencies. So my slow laptops have a chance of actually yielding some coins.

I read as much as I could on reddit/strayacoin then decided to give it a crack.

I followed the instructions at https://www.strayacoin.org/minestrayacoin/ to set up my wallet and start some CPU mining. Apparently this is not an efficient way to mine the coins anymore as they increase in popularity.

Somehow managed to fluke a 50 strayacoin hit on the computer's 5th attempt to find something! It takes a while for this to be confirmed so I'm hoping this was a real success!

After all my reading I decided to see if I could set up my laptop to contribute to a mining pool, using its GPU. I had a few snags but got there in the end... My 6+year old laptop is now happily contributing to this pool at Kh speeds compared to Gh speeds by some other contributors, but by tomorrow I should have some more strayacoin to my tally. And it was more about the technical challenge for me today anyway.

So now I'm running 2 laptops in the pool concurrently. I'm 2nd and 3rd last of 95 in the pool in terms of processing power contributions, but I'm doing it 😀.

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Hi there, it's good to know that you want to learn mining cryptocurrency but personally I won't encourage using your laptop in mining. It will actually reduce it's life same as what happened to my 7 year old pc who just passed away few days ago. If you want to mine, a desktop pc will be better or if you have funds available, better to build a mining rig. I'm planning to build one soon. I have very limited budget so I guess I will just start with 1 card then slowly increase card number.

Thanks for the advice :-) it's a bit of fun at the moment, but if I get serious I might invest in a dedicated mining rig.