How To Mine ETH On Linux When Etherum Shifts To Proof of Stake (PoS)
Etherum going from Proof of Work (PoW) to Proof of Work (PoS) has been bad news for miners when mining ETH became very lucrative. However, they are still hybrid solutions to mine ETH even under the PoS model. Not always lucrative solutions, the fact is mining is a passion for a lot of crypto fans out there. Let’s keep in mind when first mined, BTC, was not lucrative and just a digital coin you couldn’t buy, sell, or exchange however, history proved the one mining it got some serious cash in return. With that said, it is time to mine so let’s get to it!
Setting Up The XMR Miner On Ubuntu
Why Linux Ubuntu? Simply because it is dirt cheap, secure, and reliable. You will need root privileges or use sudo before the commands.
Updating Ubuntu
Let’s get on your Linux terminal and type:
apt-get update && apt-get upgrade-y
Installing XMRIG From GitHub
Follow the commands below in sequence and type:
- apt-get install git build-essential cmake libuv1-dev libssl-dev libhwloc-dev
2. git clone https://github.com/xmrig/xmrig.git
3. mkdir xmrig/build && cd xmrig/build
4. cmake ..
5. make -j$(nproc)
Starting XMRIG Worker And Ponting It To Unmineable
Type:
./xmrig -o rx.unmineable.com:3333 -a rx -k -u ETH:0x13c77781d7661420fB58b538a18A5B47eA50F462.demo
Where:
rx.mineable.com:3333 is the unmineable pool domain and port
And
ETH:0x13c77781d7661420fB58b538a18A5B47eA50F462.demo
(coin to mine):(your wallet address).(your worker’s name)
Et voila!
Looking at the screen above you will notice 1 failed line: “ FAILED TO APPLY MSR MOD, HASHRATE WILL BE LOW”. You will always get this MSR MOD message if you are running your worker on a vCPU (Virtual CPU) for MSR MOD to run you need to use a dedicated physical CPU for mining. In this tutorial I am running the worker on a VPS with a vCPU
Configuring Unmineable
Go to www.unminable.com
Click on the top right coin symbol
You will be redirected to the coin listing page
Select Etherum
Then click on the tab RandomX
Enter your ETH address and click on search
It may take a few minutes to show, however your worker in action will be there under the RandomX tab.
Considerations
- It is exchanging in nature therefore the higher the XMR value is, the lower ETH is, the more ETH you will make, typical of a pair trading.
- You can also use this approach to mine your favorite coin available via Unmineable.com, the list of available coins is here the referral link: https://unmineable.com
- To send your worker as a background job, use the Linux nohup command, see an example in blog: Mining XMR On Ubuntu In A Flash!
Have fun mining! If you have any questions feel free to contact me.
Disclaimer:
I am not a Financial Advisor my blogs are intended for educational purpose only.
If you enjoyed and benefited from this blog, crypto donations are welcome to help support my future blogs:
BTC: bc1qm3f8ky4xcwg62nn9n9nx5dnmtkklehwkhz5753
ETH: 0x13c77781d7661420fB58b538a18A5B47eA50F462
XMR: 4AS1JSypyE84B7dYd4CRvDKQJHHwxKCY6KGC8NjXCyR2SD9qQLVVDknekE4eerDbkRRviUtG3Q1j8cE7Qjujcugw6W7deno
ADA: addr1q8vw4ct4zgsv4qan0nylcnk82gngsqtukyz43ms9htuthmwcatsh2y3qe2pmxlxfl38vw53x3qqhevg9trhqtwhch0ks8js0um
SOL: 7EvtSvhfZJRDEnnHmaWBKzqmkqi8yTv1FkJ3gP9S2YW6
LTC: LXhGaCqmWcr2VKuANqgVf81gsFZejVyfjZ
SHIB: 0x13c77781d7661420fB58b538a18A5B47eA50F462
Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing