Posts Tagged ‘Weipool

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Suddenly it became much easier to start your own mining pool for Ethereum or any of the forks that it already has thanks to Weipool who have released their full pool source code. You can find the source code of the pool backend, it is relying on geth as an Ethereum client as well as the source code of the pool frontend. Aside from the Geth Ethereum client the pool software needs Redis and Node.js, there isn’t much documentation available, but you should be able to quickly figure things out. The front-end is pretty basic, so you might want to make it a bit more prettier and more functional, but other than that you should be able to have a basic pool up and running in no time. You can visit Weipool for a working example of the code, unfortunately the pools itself has not managed to attract a lot of miners and keep them there, even though it was announced when there were not that much pools for Ethereum available.

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It seems that there is another new mining pool foe Ethereum’s Ether (ETH) coins that has just launched. The new pool is called Weipool and offers a simple web-based user interface for mining Ether coins with the help of ethminer, you can use our Quick Guide on How to Mine Ethereum on Windows, if you are still new to Ethereum. The new pool does not yet have a lot of miners and it is supposed to do payouts every 12 hours if your balance is more than 1 Ether, with 0.01 Ether tx fee and currently 0% pool fee for the first week (1.5% fee after that). Since it is a new pool it may take a while for miners to gather and for the first blocks to get solved, so be careful and do have in mind what happened with Pooleum – a new Ethereum pool that seems to have completely disappeared now. The Weipool does have user controllable hashrate (difficulty) setting, so it should be suitable for miners with lower hashrate.

Getting started with Weipool:
ethminer -F http://mine.weipool.org:5555/0x683feddafc2a8542744a4587de0c45626d7b8e68/20 -G

The above command line is an example you can use to get started mining with ethminer at Weipool, you just need to replace the wallet address with your own Ethereum wallet and the default hashrate value of 20 (suitable for a single high-end GPU such as Radeon 280X) to the respective hashrate of your mining rig and you are ready to go. The above line is for mining using the OpenCL version of ethminer, for using the CUDA fork you need to replace the parameter -G with -U and you should be ready to go.

To check out the new Ethereum mining pool called Weipool that was just launched…


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