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Getting Started - Bitcoin

In order to start mining you basically need just two things, create an account with our pool and setup your miner.

1. Sign-up for a new account

  • On the top right corner click on Guest -> Sign Up.
  • Fill the details. The FAQ section on the bottom of the home page contains instruction on how to find you bitcoin address.
  • Wait for the confirmation email (check the spam folder).
  • Login to your account.

2. Add a new worker

You're going to need to add a new worker profile to use his credentials to connect to the pool.

After logging in, go to My Account -> My workers, choose the the "workerName" and password add click on "Add New Worker"

3. Configure your device

Your miner has to be pointed to the stratum server below and user credentials for your account have to be specified.

The login credentials needed for your miner look like this: (please, fill your userName (you can find your user name on My Account -> Edit Account) and workerName)

URL: stratum+tcp://pool.goldennoncepool.com:3333
userID: userName.workerName
password: workerPassword

The password can be an arbitrary text since there is no security issue present here. If someone tried to connect to our servers with your credentials, he would be just mining for your benefit. You can also use port 3334 for a higher starting difficulty (524288).

Here's how it could look like: ./cgminer -o stratum+tcp://pool.goldennoncepool.com:3333 -u "userName.workerName" -p workerPassword -I 10 

FAQ

FAQ


1. I am new to mining. What do I need to start mining?

First of all you need specialised hardware (ASIC miner). Your CPU/GPU nor your Smart phone is sufficient for mining anymore. It is considered dead and unprofitable due to low efficiency (hash rate vs. power consumption).

If you do not own any ASIC miner then start your research here:  Mining hardware comparison

To use your CPU/GPU for mining, you've got to use a legacy software (cgminer v3.7.2) that still has support for CPU/GPU since all the up to date mining software now only supports ASIC miners.

2. Required software

Below mentioned software packages are NOT supported and you will have troubles connecting them to our pool:

  • guiminer
  • cpuminer
  • rpcminer
  • minerd
  • diablominer

Only mining software packages supported at this moment are:

Please be aware they are working with ASIC miners only. (use cgminer v3.7.2 for CPU/GPU mining)

3. Expected reward

You can use  online calculator to determine how much you can make with your mining hardware. Just insert your hash rate and you will see approximate reward.

4. How do i find my Bitcoin address?

Pool is not operating as a Bitcoin wallet. Therefore it is not possible to generate your payout address at the pool site.

To collect your reward you have to set a payout address. If you don't have an address, you need to get a bitcoin wallet first:

    Additional Information

    • You can use one worker name for all your miners. However, we recommend to connect every miner to a separate worker for easier monitoring.