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lbry.com/posts/faq/mining-credits.md
Alex Grin 81563715a1 Update mining-credits.md
2016-07-24 17:23:35 -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] (https://lbry.io/faq/mining-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!