Mining faithcoin is fun and easy! In just a few steps, you can start earning #FTH by mining blocks on the faithcoin network!
You may have heard that mining cryptocurrency is a technical process that involves expensive hardware, except this is not necessarily true during the birth of a new blockchain. Since the faithcoin network is very new, the mining difficult is currently easy enough to successfully mine on most modern CPUs. It is very possible to mine thousands of #FTH today while this difficulty remains low.
This article will cover to configuring the faithcoin wallet and mining script on Windows. If you are interested in running on Linux view the notes in the latest release for detailed instructions.
Let’s get started!!!
1.) Begin by downloading the latest Windows release of faithcoin.
2.) Inside the .zip file you will notice the wallet program, faithcoin-qt.exe and a sample configuration name faithcoin.conf
Extract the contents of the .zip to a directory of your choice and run faithcoin-qt.exe.
When faithcoin-qt.exe is first run it will ask you to select a data directory, if you do not change the data directory and use the default settings, it will create a faithcoin directory in %AppData%/faithcoin. Take note of the directory as we will use it in step 4.
3.) You will notice that the application starts up and gives a message that it is attempting to connect to peers, this will not finish successfully until we apply a valid configuration to connect to existing nodes.
4.) As mentioned in step 1, when faithcoin-qt.exe is first run it will ask you to select a data directory, if you do not change the data directory and use the default settings, it will create a faithcoin directory in %AppData%/faithcoin. We need to navigate to the this directory OR the custom path that you chose on first launch and copy the faithcoin.conf file that was included in the original .zip file. You will know you are in the right place because you should see the following files and folders (with exception of faithcoin.conf).
5.) Now restart faithcoin-qt and the program will begin to synchronize with the faithcoin network. This can take a long time, please be patient and wait for the process to complete.
6.) To begin mining on your machine, simply double-click the pray.bat file included in the original .zip. This program and the faithcoin-qt wallet must be open at the same time in order to mine.
If you get lucky, you may start receiving notifications that you successfully mined a block!
(If you get errors you may need to copy faithcoin.conf to %appdata%/faithcoin OR modify pray.bat to use the -datadir parameter and point it at the directory chosen when you first launched the wallet.)
7.) If you do not get lucky, fear not! I will happily send you some FTH if you send me your faithcoin wallet address!
To obtain your wallet address, click on the “Receive” option in the faithcoin-qt wallet, the select “Request Payment”:
A QR code and faithcoin address will appear on the screen, copy the section highlighted in yellow:
Message me on Facebook @ https://www.facebook.com/pjdecarlo with your address and I will send you 10 FTH!