smpl coin mining tutorial, cpu mining graphics card mining mode, monero algorithm lite

smpl coin mining tutorial, cpu mining graphics card mining mode, monero algorithm lite

SimpleCoin is an easy to use and mine coin with a very simple command line interface. It has a lite-wallet that quickly syncs with the network without requiring much disk space. It is relatively efficient with CPU mining and performs very well with GPUs, but this coin is ASIC resistant and does not allow hash attacks on its network because it cares about miner decentralization (you can expect no big pauses in the blockchain). Transactions are confirmed quickly and new blocks are mined evey minute. We chose the PoW algorithm to ensure an equal miner share for all miners and give everyone a chance to earn their coins, whether using a CPU or using many GPUs.
Technical specifications
Name : SimpleCoin
Code : SMPL
Algorithm : CryptoNight-Lite-V1 (same as AEon after ASIC)
Mining : PoW
Supply : Approximately 53 million
Decimal places : after 8 points
Blocking time : 60 seconds
Block maturity : 10 blocks
Initial block reward : ~200 SMPL
Generate a block : the same day when ANN asks miners for help Important : no ICO, no pre-processing, no founder's fee, just fair and square mining

smpl official website: https://simplecoin.rocks/

smpl official mining pool: https://pool.simplecoin.rocks/

The most convenient mining software is xmr-stak, which can be used with graphics cards or CPUs. The steps for the first configuration of xmr are as follows:
Run xmr-stak.exe first,
do you want to use the http interface?: 0
please enter: cryptonight_lite_v7
pool address: eg pool.example.com:3333: pool.simplecoin.rocks:3333
username (wallet address or pool login): your_wallet_address
password (mostly empty or x): worker_name (it is not really a password, you may give your worker a name, leave it blank or use x)
rig identifier for pool-side statistics (needs pool support). can be empty:
does this pool port support tls/ssl? use no if unknown. (y/n): n
do you want to use nicehash on this pool? (y/n): n
do you want to use multiple pools? (y/n): n

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