Stellite is a cryptocurrency which aims to provide more decentralized experience. They have their seed node files on IPFS and zeronet, for secure decentralized storage of seed nodes. They also aim to provide mineral resources on all devices connected to the Internet such as telephones, televisions, etc. The coin has a maximum capacity of 21 billion.
As for the characteristics of Stellite, I am a fork of Monero. For this reason, Stellite has the privacy aspects of Monero called RingCT. The currency is based on the anti-ASIC cryptonight_v7 algorithm, but has been modified to also provide the anti Nicehash.
Now that we know the details of Stellite, let's move on to mining some XTL!
Some general tips for mining
So, before starting this tutorial, I have two suggestions to make the most of your mining experience. First make sure you have the latest drivers for your GPUs. Secondly, most mining software will be flagged as virus by virus scanners. For this reason, if you perform mining operations on your normal gaming or everyday computer with an antivirus installed, it is advisable to exclude the mining software from the antivirus. What I like to do is create a folder and then insert all my mining software into subfolders. Then I exclude the top-level folder from the antivirus and this excludes all the data mining software.
Mining Pools
The first thing we need is a mining pool. You can mine mine, but the payments could take months, depending on how powerful your mining rig is, and the mineral pools usually require a very small fee (1% or less). Using a pool will allow you to receive consistent payments, several times a day. For Stellite, I like to use https://xtl.cryptopool.space
As for their features, their large pools are in the United States, they charge 0% fees, they have an SSL connection available for mining use, they support mining directly in an exchange, have custom difficulties and have a custom payment threshold. This means that you can set at what amount you want the pool to pay you automatically.
They also have a variety of ports to connect to:
- Use 80 if behind a firewall
- Use 443 for SSL
- Use 3333 if you are mining using a CPU
- Use 5555 if you are mining using a GPU (one or two GPUs, example a gaming computer)
- Use 7777 if you are mining using a GPU mining farm (plus GPUs like 3 or more per computer)
- Use 8888 if you are mining with Nicehash
Now that we have a pool, allows you to configure the mining software! [19659018] Configuration of the extraction software
For the CPU, GPU – Nvidia and GPU – AMD exercises, we will use xmr-stak. It's open source, the most customizable and lets you use the mix of Nvidia GPUs and AMD and CPU, all from a single window. It is also available for Windows and Linux.
You can download xmr-stak at the address https://github.com/fireice-uk/xmr-stak/releases The latest version is 2.4.7, which is what we will be using in this tutorial. If you need to use Linux, you will need to download the source code and compile the software. This tutorial will not focus on how to create xmr-stak from the source.
The first time you run xmr-stak, you'll need to set it up a bit. We will cover the initial configuration here, and then you can read how to configure the miner in the section that concerns you (CPU, GPU – Nvidia and GPU – AMD)
When you run xmr-stak for the first time, be presented with two windows cmd [19659002]
You can close what you say you need to do to get administrator privileges.
You will then be presented with a series of steps that will guide the initialization of the software through the first time. Once completed, it will not be necessary to repeat the operation.
The initialization steps will ask the following questions:
Type a port on which you want to use remote monitoring. Usually 8000 or 3000 are available on most home computer networks. Next, to monitor your data mining computers, you can enter the IP address and port of your mining computer, in a web browser on any device connected to your network, to view your total speed and other detailed reports.
Currency: – You will have to type "stellite"
Pool address – This is the address and port of the pool you want to extract. For example, I typed "Pool.XTL.CryptoPool.Space:7777"
Username – This is the public key to its portfolio [19659002] For example I would put
Se2a5MBSwoVehEE7E49pBRapRqvoMm2vSezMwUfuKA8gZg99qGFiEC7c6VLxwAwDAhERt882fSJqxiD5jXW3v1Tx1fCPoLRi4 [19659002] Password -. Type" myrigid "or if you want to be able to use the custom payment threshold type
" myrigid: [email protected]
SSL support – type "n"
You want to use Nicehash – type "n"
Want to use multiple pools – type "n"
At this point the software should start extracting. Wait until you see "logged into mining_pool: port", then close the mining software. in the folder where the miner is stored, it should have created text files for the CPU and the graphics card (Nvidia or AMD) .They would be called cpu.txt, nvidia.txt, amd.txt. It will also create a file config.txt and a pools.txt. In the next sections we will show how to modify txt files for each mining component and how to disable a certain brand or GPU CPU from mining.
Pool configuration
At this point your pools.txt should be configured, but I'll show you how to configure it manually. Open the pools.txt and you should see something like this
If you want to change server, you have to edit pool_address. To edit wallets, edit wallet_address. Leave the empty rig_id. Change the pool password based on your pool configuration.
At the bottom, you have a currency. You must tell XMR-Stak which currency is your data mining. They support most of the Cryptonight coins, so you can simply type in the coin name from the list in the txt file. If the currency you want to extract is not in the list, you should know which algorithm uses and use the name of the currency algorithm. If their is a whattomine calculator for your currency, the algorithm is usually listed, otherwise you can probably find information on the coin website.
CPU Mining
As far as CPU extraction is concerned, the Cryptonight algorithm is the most profitable algorithm for using a CPU. For mining with the CPU, we can use xmr-stak or xmrig. xmr-stak has only precompiled binaries for Windows, while xmrig has them for Windows and Linux. Both have source code, so you can compile it yourself to work with Linux if necessary.
You can download xmr-stak from https://github.com/fireice-uk/xmr-stak/releases
You can download xmrig CPU at https://github.com/xmrig/xmrig/releases
For this tutorial we will use xmr-stak.
After completing the initial configuration, we should be ready for mine. One thing to do is try and change the cpu.txt settings that xmr-stak has created for us to get the highest hash rate.
I have found that at least for the CPU, the program generates automatically the best possible configuration settings. The comments in cpu.txt do a great job of explaining each setting and how you might try to get more performance from your computer.
After configuring cpu.txt, we now need to create a file boot batch to run the program.
Just create a new batch file (or script file if you use Linux) inside the folder where the miner is located and paste it into the batch file
xmr-stak.exe opzionali_flags [19659049] Replace "optional_flags" with nothing if you want the machine to drive using the CPU and any other GPU in the machine, or the following-noCPU This will disable the CPU from being extracted.
-noNVIDIA Disable all Nvidia GPUs in the system from mining.
-noAMD Disable all AMD GPUs of your system from the extraction.For example, my configuration is:
xmr-stak.exe --noNVIDIADouble-click on the batch file to run the miner and you should see something similar
To view the total speed at any time, press the "h" key on the keyboard when the mining software is in focus.
Mining GPU - Nvidia
As for the GPU mining with Nvidia GPU, we have the possibility of using xmr-stak or xmrig. xmr-stak has only precompiled binaries for Windows, while xmrig has them for Windows and Linux. Both have source code, so you can compile it yourself to work with Linux if necessary.
You can download xmr-stak from https://github.com/fireice-uk/xmr-stak/releases
You can download xmrig Nvidia at https://github.com/xmrig/xmrig-nvidia/releases [19659028] For this tutorial we will use xmr-stak.After performing the initial configuration, we should be ready for mine. One thing to do is try and change the nvidia.txt settings that xmr-stak has created for us to get the highest possible hash rate.
I discovered that for the GPU, you can change the settings to get a little more performance, but generally the program usually automatically generates the best possible configuration settings. The comments in nvidia.txt do a great job of explaining each setting and how you might try to get more performance out of your computer.
After configuring nvidia.txt, we now need to create the file boot batch to run the program.
Just create a new batch file (or script file if you use Linux) inside the folder where the miner is located and paste it into the batch file
xmr-stak.exe opzionali_flags [19659049] Replace "optional_flags" with nothing if you want the machine to drive using the CPU and any other GPU in the machine, or the following-noCPU This will disable the CPU from being extracted.
-noNVIDIA Disable all Nvidia GPUs in the system from mining.
-noAMD Disables all AMD GPUs of the system from mining.
For example, my setup is:xmr-stak.exe --noCPUDouble-click on the batch file to run the miner and you should see something similar
[19659002] To view the total speed at any time, press the "h" key on the keyboard when the mining software is in focus.
Mining GPU - AMD
Regarding GPU extraction using AMD GPUs, we have the option of using xmr-stak, xmrig, Cast XMR or AMD Claymore miner Cryptonote.
You can download xmr-stak at https://github.com/fireice-uk/xmr-stak/releases
You can download xmrig Nvidia at https://github.com/xmrig/xmrig -nvidia / releases
You can download Cast XMR at https://bitcointalk.org/index.php?topic=2256917.0;all
You can download Claymore's Cryptonote AMD miner at https : //bitcointalk.org/index.php? topic = 638915.0
For this tutorial we will use xmr-stak.
After completing the initial configuration, we should be ready to extract. One thing to do is try and change the settings of amd.txt that xmr-stak has created for us to get the highest hash rate.
I have discovered that for the GPU, you can change the settings to get a little more performance, but generally the program usually automatically generates the best possible configuration settings. For my Vega system, I had to add two threads for GPUs. The comments in amd.txt do a great job of explaining each setting and how you might try to get more performance out of your computer.
After configuring amd.txt, we now need to create the file boot batch to run the program.
Just create a new batch file (or script file if you use Linux) inside the folder where the miner is located and paste it into the batch file
xmr-stak.exe opzionali_flags [19659049] Replace "optional_flags" with nothing if you want the machine to drive using the CPU and any other GPU in the machine, or the following-noCPU This will disable the CPU from being extracted.
-noNVIDIA Disable all Nvidia GPUs in your mining system.
-noAMD Disables all AMD GPUs of your system from mining.For example, my setup is:
xmr-stak.exe --noCPUDouble-click on the batch file to run the miner and you should see something similar
T or display the total speed at any time, press the "h" key on the keyboard when the mining software is in focus.
In case of problems, virtual memory may not be sufficient. You may need 16 GB of virtual memory (for Vega GPUs you need more than 16 GB per GPU) to change it go to Control Panel -> System and Security -> System and click on Advanced System Settings on the left. From there, click Settings on the Advanced tab. After clicking edit, then on the third screen, deselect the automatic management, choose the custom size and type the size (in MB) for both text boxes. Then press the Set button, then the OK button.
General troubleshooting
One thing to monitor is stale or rejected shares. If you see a lot of expired shares, you may want to try a server closer to you. If you see many refused shares, try reducing the miner's intensity, if available.
Configuring custom payment threshold
If you have chosen to include an email in the password field for your mining computers, you can change to what amount the mining pool will pay you. To do so, click the Settings button in the upper right corner of the website's dashboard. A box should open this way
You will then need to enter the payment threshold amount in the text box, then click on the UPDATE THRESHOLD button.
How much XTL earnings per day?
To figure it out, you would go to https://www.coincalculators.io/coin.aspx?crypto=stellite-mining-calculator The calculator gives a rough estimate, so you may receive an amount that is higher or lower than the calculator in reality says.
Most of the values are already entered correctly and you only have to change some values.
Hash Rate : Enter your total speed (in hashes per second) for all of your mining computers. This would be the value of "total speed" in your data mining software. I would like to use the total speed of 15 minutes, as this would be a better average total speed. Make sure you add all the computers you use for Stellite extraction.
Power: Enter the total amount of energy (in watts) your mining rig is using. Some mining software will measure it for you. You can also measure the total energy consumption for your computer using special software or a kilowatt meter. I prefer to use a kilowatt meter, because I find it to be the most accurate. Be sure to add all the computers you use for Stellite extraction.
Cost: Enter the cost per kilowatt hour you pay for your electricity company. I was able to find this information on my monthly bill, as well as on their website.
Pool Rate: Enter the pool rate + the mining software development fee. For our example, enter 0 + 2 = 2
Hardware cost: Enter the total cost of all your hardware.
Using my AMD Vega system for an example, I'll show you how to read the data. In the image above there are really 3 things I'm looking for.
# 1 See Difficulty 24h and Difficulty 7 days . We want them to be all the same, what they are. This tells us that the calculations that we will see in the second image below, will be precise for the days to come, provided the price is not volatile.
# 2 Watch EX. volume 24h and Market Cap . Generally, the bigger these are, the less the price will be volatile. We want the price to be non-volatile, so our calculations will be accurate for the days to come. In this example, market capitalization is small.
# 3 Watch Create 1 BTC in and Break even in . It is always interesting to see how long it will take your rig to create 1 BTC. The break even in, will show you a rough estimate of how long it would take to pay for your mining rig, extracting this particular coin. This is great to use before building your mining rig, to see how long it will take until you see the profits.
In this image, we can quickly see how many coins and value in USD we will make at certain time intervals. You want to see the Profit column, as this is the value after paying for your electricity consumption. I usually focus only on the daily payment in USD. By focusing only on this number, you can run the calculator for a few different currencies and quickly see which currency is most profitable for setting up the mining platform. Keep in mind that you also want to weigh the daily payment with the market capitalization. A limited-funded currency could be really profitable one day, so it could have half the payment tomorrow.
Here it is. Now you should extract Stellite! Be sure to type your public key in the mining pool dashboard to keep track of your statistics.