Crypto Mining Blog

LBRY is a new blockchain-based decentralized content-sharing platform geared towards content creators (filmmakers, musicians, writers, or software developers) who want to have full control over their own work. There are no ads, no corporate censors, and LBRY takes no portion of your income as a content creator and consumers can also benefit as there is finally an alternative to the big media stores. It has been in development for a while, but just recently it was launched in Beta, though you still need to request an invitation in order to be able to get early access. The LBRY network uses its own crypto token called LBRY Credits (LBC) that you can already mine, even if you still have not received your early access to the platform for the moment (while waiting to get it). Not to mention that there is also an operational market for LBRY Credits on Bittrex, so that you can also trade them when you mine some.

Initially LBRY Credits (LBC) mining was only possible with a CPU miner released by bitbandi (source), with compiled Windows binaries by the miner author available here. The CPU miner however is not very useful anymore as a GPU miner has been released shortly after in the form of an sgminer 5.4.0 forked to support the algorithm used by LBRY (source) that is much faster, you can find a downloadable 64-bit Windows binary release below that you can try if you are interested. Do note that the sgminer for LBRY currently works only on AMD GPUs, but with this big interest we are hopefully also going to soon see a GPU miner for Nvidia GPUs as well. There are already two mining pools available with more probably to follow, the first one was made available by Suprnova (not yet updated for the difficulty adjustment of the GPU miner and the GPU miner can provide lower hashrate as a result) and the second one is by Pool.mn that already adjusts difficulty for the significantly higher hashrate of GPUs.

– To download and try the sgminer fork for LBRY Credits mining on AMD GPUs (64-bit Windows binary)…