Showing posts with label PTS. Show all posts
Showing posts with label PTS. Show all posts

Monday, December 9, 2013

Setting up a Cloud Miner for Protoshares

          Well I've been playing around with mining crypto currencies for a few days now, did some research going in, and as I wrote in yesterdays post stumbled upon Protoshares, developed by http://invictus-innovations.com/ their approach is rather ingenious from my perspective.  After setting up a cpl dual core laptops to mine, I know the warnings.  I was actually being able to see shares being credited to my account with http://ptsweb.beeeeer.org/  the pool I chose.  It suddenly clicked and boy did I feel stupid when it did, people are not using their own machines to mine this. So I started to look at the virtual machines, cloud based computing for those of not up on the jargon.  The idea is you rent processor power, memory, the whole nine from a one of the many cloud hosting companies.  Once you set up your machine through their interface, and log into it, you can run the mining software remotely.  As long as you are making more then the cost of hosting it's profitable.  For testing, and learning I am using http://www.windowsazure.com/en-us/ there are lower cost solutions, but Microsoft offers a $200 credit for a trial, and pay as you go programs so it's a safe test bed for a newbie like myself.
           Setting up the server was a breeze as long as you choose an image from the library and go through the guided set up.  I chose the newest linux, 4 cores, 7gigs.  once it's deployed and running it's time to log in.
Logging in is simple, you need a terminal client, I downloaded  http://www.putty.org/.  From the management page copy the ssh details, and paste them into the putty.  If all is well your on a terminal for your VM. Log in, this where I had to dig the memory banks a bit.  It has been a long time since I was in front of a terminal needing to know command line functions. Even though I've been doing freelance low level tech work for years, very few people knowledgeable enough to use Linux need my help. Thanks to https://bitcointalk.org/index.php?topic=345386.0 to the folks on this forum for having the pieces there even if they were a bit scattered.  I pieced together the commands to get the miner up and running.
          Here is the list of commands I used,

sudo apt-get update

sudo apt-get install -y git make g++ build-essential libminiupnpc-dev

sudo apt-get install -y libboost-all-dev libdb++-dev libgmp-dev libssl-dev dos2unix

sudo apt-get install build-essential libboost-system-dev libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev zlib1g-dev yasm

git clone https://github.com/thbaumbach/ptsminer

cd ~/ptsminer/src

make -f makefile.unix

./ptsminer <your PTS number> <number of cores>


other then setting up the pts wallet to make sure you have a place for them to go that was it.

if this was of use to you consider a small gift

PTS# Pd7xb3Q4idGiGa1iMawVuAYx42WZch1KdG

or for BTC


Note it seems this works for intel based. so it will work on the the intel based clouds. I got one up on amd through another pool, will post the steps for that soon.



Thanks much
Jack
aka
PanseyBard

Saturday, December 7, 2013

Did You Miss the Boat on Bitcoin?.....Don't Sleep on Keyhotee!!

         A couple of years ago I learned about Bitcoin, and Bitcoin mining.  I had no actual understanding of what the project was about, or how it actually worked.  I just found out enough to if I had been more cognizant of future trends I could have jumped on the band wagon.  Really I wasn't all that interested, at the time I was more interested in the idea that the vibration of the planet is increasing. So I figured if that was true there would be a way to work out what the new vibration would settle into.  I'm not going to dull your senses with a blow by blow, If you want to know more about that just ask.
        Today lets take a look at what could be the biggest thing to hit the web since well the web.  Almost all of you have some concern or another about internet privacy, identity theft, NSA spying, the works basicly.
Now what if I told you a start up has figured out how to make the traditional cyber threats individuals face obsolete, as well as how to determine fair market for just about anything you can imagine?  Sounds pretty damn amazing huh?  Well take a look at this http://invictus-innovations.com/, for all those concerned with privacy you might be interested in watching this video. Even as a low level computer tech it really helped bring into the view the big picture of what These folks have going on. Introduction to Keyhotee, for some reason blogger couldn't find that video.
        I am not a pro anything, I play. Because of that I have a lack of desire for riches in the traditional fashion.  So for me this isn't about a money making idea, it's the principles behind it that made me look closer, and the desire to get involved.  It's the concept of distributed versus centralized power in all forms.
That being said, I'm not devoid of material needs. So as I write this I have laptops mining pts hoping to make at least the minimum 10 needed to get in as a founder before the x-mas deadline.  That is a wonderful piece of marketing, the ties to the dates already ingrained, the time crunch. and making it the present you get to give all those who saw the new year coming before it was.  Wonderful.

happen to have a pts to spare lol
Pd7xb3Q4idGiGa1iMawVuAYx42WZch1KdG

Jack
aka
PanseyBard