This mining guide will take you through the various ways of mining starting with the easiest methods.
Mining Hardware1. CPU
2. Graphics Card(s) - These are faster than CPU's. A mining computer can have more than one. AMD Graphics cards are much faster than their nVidia counterparts.
Hardware that will not work includes any device that is made specifically for SHA-256 mining. This include ASIC USB Block Eruptors and the offerings of Butterfly Labs and Avalon.
Mining PoolsMining pools allow you to join your miner on your computer with other miners which allows for smaller, but more consistent payouts. A list of mining pools is here:
https://www.gldtalk.org/index.php?topic=246.0.
Some methods require an account a mining that is configured with a worker. Register at a GoldCoin Pool found at
http://www.gldcoin.com/pools-and-nodes/. Add a new worker under your new account at if there are not any workers setup. The server and ports that are needed in later sections are typically found on a Getting Started page of the pool website.
Mining Methods:1. Wallet Mining (solo) - The easiest way to mine
2. Wallet Mining (pool) -
NOT RECOMMENDED3. CPU Mining (solo)
4. CPU Mining (pool)
5. GPU Mining (solo)
6. GPU Mining (pool) - The most profitable way to mine
7. CPU and GPU Mining (solo)
8. CPU and GPU Mining (pool)
Wallet Mining (solo) - The easiest way to mineOpen your GoldCoin Wallet and click in the
Mining tab. Ensure that the
Type is set to
Solo Mining. Press the
Start Mining button. This method is the slowest method and will be able to mine about 45 coins every 26 days based on the current size of the network.
Wallet Mining (pool) - NOT RECOMMENDEDThis method is not guaranteed to work. It requires that a required file is replaced with a newer version. Use this method at your own risk. The GoldCoin Wallet could crash at any time. It may cause problems with uninstalling or upgrading the GoldCoin Client.Download the latest version of cpuminer (
https://bitcointalk.org/index.php?topic=55038.0) and extract the files to "C:\Program Files (x86)\GoldCoin (GLD)". When asked about replacing pthreadGC2.dll, choose replace. Open your GoldCoin Wallet and click in the
Mining tab. Ensure that the
Type is set to
Pool Mining. In the GoldCoin Wallet, enter the server, port, your worker name and password. The port should be one that is for GetWork or LongPoll (LP). This method does not support stratum. Press the
Start Mining button.
CPU Mining (solo)In this case, the GoldCoin wallet will need to be open and follow the instructions in this post:
https://www.gldtalk.org/index.php?topic=397.0. Given the size of the GoldCoin network, it may take up to 2 days to mine 45 coins.
CPU Mining (pool)See this topic on how to use ScryptMiner:
https://www.gldtalk.org/index.php?topic=361.0GPU Mining (solo)If you have an AMD video card, then see this topic:
https://www.gldtalk.org/index.php?topic=256.0 (mining with CGMiner). This topic will work for nVidia cards also, but the cudaminer is faster than cgminer.
GPU Mining (pool)You will need an account with a mining pool. If you have an AMD video card, then see this topic:
https://www.gldtalk.org/index.php?topic=256.0 (mining with CGMiner). This topic will work for nVidia cards also, but the cudaminer is faster than cgminer.
CPU and GPU Mining (solo)The above cases can be combined to mine with both the CPU and GPU of your computer.
CPU and GPU Mining (pool)The above cases can be combined to mine with both the CPU and GPU of your computer. In that case you can keep track of how each mines separately on a pool by creating more than one worker.
