![]() ![]() I experienced this when I was using diff=32 and my A4+ LTCMaster cranks at 620MHs. This means the difficulty is too low for your miner. So by solo mining and running my own node, I'm actually increasing the value of the Litecoin network from n^2 to (n+1)^2 FAQ and Troubleshooting What is socket flooding? This follows Metcalf's Law which values a network as the number of nodes to the power of 2. More nodes mean more robust network so in a way I'm adding some value to the Litecoin network. I also realized that creating my own pool meant I would be adding a node to the Litecoin network. I didn't want to SSH into my controllers and install anything so I looked into creating a pool where I could then connect my rigs to. I looked into solo mining and couldn't find anything about solo mining with Innoslicion equipment. As part of the pool however, I only earned a few LTC in that duration since it was a PPS pool. I was participating in a pool and found 2 blocks which would have earn me a 50 LTC reward. Why I Created My Own Pool and This Tutorial Read the server.js file for more information about how to change pool settings. ⚠️ Make sure your firewall rules allow connection on this port. Where the EXTERNAL_IP is the external IP of your machine. ⭐ Once you have your server all setup just do an update before we get going: I'm using these specs on Google Cloud Engine: You will need to have enough disk space for the blockchain. ℹ️ If you're doing this on AWS or GCP, use a large instance with good network connection then after you finish, dial it down to a smaller instance.įirst, begin by setting up a Ubuntu server. You don't need to be a developer but to support this setup and solo mine for a long enough time to actually mine a block, you need system admin skills (might be wise to find a techie friend who can help admin this setup if this is something new to you) Getting Started Since you'll be running a few services that heavily depend on a reliable network connection. Understanding networking will help as well. You will also need to install and configure Node Merged Pool which uses Node.js. You will need to install and configure the Litecoin daemon running on Ubuntu. For this tutorial, we will use a Ubuntu 16 virtual machine (I'm use Google Cloud Engine). You should be comfortable working on the command line and using Linux. The Stratum pool used in this tutorial is UNOMP's Node Merged Pool. A4+ LTC Master, Antminer 元+, Gridseed) using HTTP(S). Mining Pool: A server running Stratum protocol that can be connected to by mining rigs (e.g. By running your own node, you serve as a peer in the peer-to-peer network that is Litecoin. Litecoin nodes make up the backbone of the Litecoin network. Litecoin Node: A server running Litecoin Core that maintains it's own blockchain. □ LaY9tLS9DmbW5FXpnXYCSjV元hTB7xyLsQ Definitions □ Will get you set up and provide support/training for just 1 LTC! For this tutorial, I used an old Gridseed that I have mining on "lottery" mode with Nice hash. This tutorial provides instructions for setting up a Litecoin Node and a mining pool. ![]()
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