Craig Young – How to build your own altcoin cryptocurrency mining pool
Description of How to build your own altcoin cryptocurrency mining pool
Learn how to build and maintain your own altcoin cryptocurrency mining pool, including how to compile coin daemons under Linux, add coins to a pool, and how to earn commission from everyone who mines at your pool. Lots of demos that you can follow yourself as you build your own mining pool.
Note: This course is not for those that are unfamiliar with cryptocurrency mining and blockchain technology, those with little computer experience, or those wanting to learn how to invest in cryptocurrencies.
Also note that Yiimp is for coins based on Bitcoin code and is not compatible with Ethereum based coins.
What will you learn in How to build your own altcoin cryptocurrency mining pool?
Build your own Cryptocurrency mining pool where others can meet and combine their computer power to allow more effective mining
Earn commission from the miners who mine on your pool
Maintain your mining pool
Compile the coin daemons from source code
Add coins to your mining pool
Allow others to mine the coins you compile
Pay your miners automatically while keeping a commission for yourself
Spot a scam
Troubleshoot basic problems that may arise
Who is How to build your own altcoin cryptocurrency mining pool for?
For people who understand blockchain and cryptocurrency mining and want to expand on their existing mining experience
For those that want to allow others to mine together for better mining results
For people who are prepared to put in some effort and earn some commission while doing so
For those that understand that things can can wrong in the IT world and they may need to troubleshoot issues themselves
For those that are interested in being technical and have an attention for detail
Note: Yiimp is not compatible with Ethereum and will only support coins based on Bitcoin.
Requirements
An intermediate level understanding of cryptocurrencies
Experience in altcoin mining
Experienced/Advanced level Linux skills
A decently powered Windows computer that can have Oracle VirtualBox installed on it
A VPS (virtual private server) from Vultr or similar, for your production server
