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lbry.com/posts/faq/mining-credits.md
Josh Finer 24180a953e Update mining-credits.md
2016-07-24 17:26:56 -04:00

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How do I mine LBRY credits? mining

Library Credits (LBC) are mined over a 20-year Proof of Work period. Block rewards increase every 100 blocks by 1LBC, peak at 500, and decline slowly.

For GPU mining, please see our list of pools. Each pool has a slightly different setup so please check their Getting Started page.

For CPU mining, LBRY binaries are out for OS X and Ubuntu. Others may try compiling from source.

Mining on Ubuntu

  1. wget https://s3.amazonaws.com/files.lbry.io/bins.zip
  2. unzip bins.zip
  3. ./lbrycrdd -server -printtoconsole -gen
  4. If you need to start over, run rm -rf bins.zip lbry* ~/.lbry*. Note: this will delete your wallet and any credits you may have.

Mining on macOS

  1. wget https://s3.amazonaws.com/files.lbry.io/osxbins.zip
  2. unzip osxbins.zip
  3. mkdir ~/Library/Application\ Support/lbrycrd
  4. sudo chown -R "$(whoami)" ~/Library/Application\ Support/lbrycrd
  5. echo -e "rpcuser=lbryrpc\nrpcpassword=$(env LC_CTYPE=C LC_ALL=C tr -dc A-Za-z0-9 < /dev/urandom | head -c 16 | xargs)" > ~/Library/Application\ Support/lbrycrd/lbrycrd.conf
  6. ./lbrycrdd -server -printtoconsole -gen
  7. If you need to start over, run rm -rf bins.zip lbry* ~/.lbry ~/Library/Application\ Support/lbrycrd. Note: this will delete your wallet and any credits you may have.

Compiling

Join us on Slack if you need help compiling from source!