Siacoin SC Mining Computer Setup
Ultimate Guide to Mining Siacoin Overview Sia is an. Mining Siacoin (SC) How to mine Siacoin. Siacoin mining software uses your computer’s. I am NOT recommending mining Siacoin with your home computer unless you. How to mine Siacoin on a desktop computer. If you want to just get set up quick.
Overview is a decentralized, peer-to-peer network for buying and selling computer storage space. Users pay for transactions within Sia using a cryptocurrency called Siacoin. Like Bitcoin, Sia relies on “miners” to supply computing power to the network.
These miners are paid for their contributions in Siacoin. In this guide, I’ll show you how to generate money when you’re not using your Windows PC by setting it up to mine Siacoin. Why mine Siacoin? If your PC supports high-end gaming or graphic design, your graphics card may have the potential to generate extra income through Siacoin mining. Even if you don’t have top of the line graphics hardware, you still may be able to earn a significant amount of money mining Siacoin. I mine with an NVIDIA GTX 970, which was released almost three years ago. SmartCash SMART Gpu Miner Hardware here.
It generates ~2,000 Siacoin per week. At current Siacoin prices ($6.72 USD per thousand Siacoin), this is equivalent to a weekly revenue of ~$13 USD. This is not bad, considering I don’t need to put in any work after the initial setup. You can estimate your own profit from mining by using the on SiaPulse. If you’re not looking for extra income, maybe you’re interested in playing with cryptocurrency.
Siacoin mining provides an easy, low-risk way to get your feet wet. Time Required This guide looks long, but it’s just because there are lots of screenshots. I estimate that it only takes about 20 minutes to get started with mining. Task Time Installing software 5-10 minutes Creating a Siacoin wallet 5 minutes (fast method) / 3 days (slow method) Setting up automatic mining 5 minutes Total ~20 minutes Software versions This guide uses the latest version of each software component at the time of writing: • Sia-UI v.1.2.1 • CUDA v.8.0.61 • OpenCL 2.0 • Marlin v.1.0.0 • Windows 10 (will also work on Windows 7, Windows 8, Windows 8.1) Find your graphics card type Siacoin mining uses your computer’s graphics card (which I’ll refer to as “GPU” for graphics processing unit). Different GPUs require different software, so follow the steps below to determine your GPU type: • Hit Win+R to open the run dialog. • Type devmgmt.msc and hit Enter. 3 Expand the “Display adapters” entry You should see something like the following: Note whether your GPU begins with “NVIDIA” or “AMD.” • If you have an NVIDIA GPU, you will install CUDA.
• If you have an AMD GPU, you will install OpenCL. If you see something else, you likely don’t have a compatible GPU.
This means you won’t be able to mine Siacoin. Install GPU library In order to run a Siacoin miner, you must install the correct library for the mining software to communicate with your computer’s GPU. Install CUDA (for NVIDIA GPUs) If you have an NVIDIA GPU, you’ll need to install CUDA.
For AMD GPUs, skip to the next section. • Go to • Next to “Operating System,” click “Windows.” • Click the version that corresponds to your version of Windows. • For “Installer Type” click “exe (network).” • Click “Download.” • Open the downloaded file and proceed through the installation using the default options. Install OpenCL (for AMD GPUs) If you have an AMD GPU, you’ll need OpenCL. It may be installed already, as it is included with many AMD drivers, but to ensure you have the latest version, follow the steps below. • Go to • Under “Automatically Detect and Install Your Driver” click “Download Now” • Open the downloaded file and proceed through the installation using the default options. Install a Siacoin miner There are a few different Siacoin miners to choose from, but they all offer similar features and performance.
This guide uses the Marlin miner because it is compatible with both CUDA and OpenCL, but you might want to check out. To install Marlin, follow the steps below: • Go to the Marlin miner download page. • Click the link for “Windows (64-bit)” to download the Marlin package. • When the download completes, open it and unzip to C: marlin 4 Hit Win+R to open the Windows run dialog. 5 Type cmd and hit Enter.