sumokoin Archives - Coin Guides

Monero wallet: “Daemon failed to start” error – What is it & how to fix?

coinguides — Sat, 27 Oct 2018 09:47:09 +0000

After the recent Monero upgrade several users reported that they were unable to access their Monero GUI wallet. Actually they were able to open their wallets but can’t get the daemon to start. After starting; the wallet returns the following error message: “Daemon failed to start – Please check your wallet and daemon log for …

The post Monero wallet: “Daemon failed to start” error – What is it & how to fix? appeared first on Coin Guides.

How to update Monero wallet? Upgrading Monero (XMR) GUI and CLI wallet

coinguides — Sat, 13 Oct 2018 13:00:11 +0000

Just like Windows, Mac and other software upgrades; cryptocurrencies also undergo a series of updates. Bitcoin updates its protocol, Ethereum regularly forks, Litecoin, Dash and every other blockchain projects update their network frequently. All these hard forks and updates are very much essential as it improves overall security, network efficiency and additionally brings in some …

The post How to update Monero wallet? Upgrading Monero (XMR) GUI and CLI wallet appeared first on Coin Guides.

How to restore Monero wallet from mnemonic seed – Importing paper wallet

coinguides — Fri, 22 Jun 2018 11:37:53 +0000

Remember, in our Monero wallet backup guide we told you to backup mnemonic seed, private keys and wallet keys file. Not all of them is necessary but the 25 word mnemonic seed is the most important of all. In case if your wallet file is lost or if your hard disk is damaged then this …

The post How to restore Monero wallet from mnemonic seed – Importing paper wallet appeared first on Coin Guides.

SRBMiner – AMD GPU miner supporting all CryptoNight Algorithms / Coins

coinguides — Mon, 04 Jun 2018 14:56:20 +0000

CryptoNight Algorithm is basically designed to resist ASIC and to make CPU and GPU mining equally efficient. Currently there are more than 10 CryptoNight algorithms out there with each having huge variations in performance. Some coins followed Monero and used CryptoNight V7 algorithm. Some coins took a completely different path and implemented their own version …

The post SRBMiner – AMD GPU miner supporting all CryptoNight Algorithms / Coins appeared first on Coin Guides.

Tutorial: How to setup, configure and use XMRig? CPU, AMD and NVIDIA miner

coinguides — Tue, 08 May 2018 14:46:33 +0000

When GPU mining is about to become obsolete on algorithms like Equihash (Equihash ASIC); CryptoNight is still being the savior of CPU mining. The only worthwhile algorithm that can be mined using CPU is CryptoNight and its variant. This PoW algorithm that is used on Monero, Bytecoin, Electroneum, etc provides egalitarian terms for all miners. …

The post Tutorial: How to setup, configure and use XMRig? CPU, AMD and NVIDIA miner appeared first on Coin Guides.

XMR-AEON-STAK – All in one Cryptonight Miner V7, V3, Lite, Heavy

coinguides — Thu, 19 Apr 2018 15:55:14 +0000

XMR-STAK is basically an all in one Cryptonight miner that supports CPU, NVIDIA (CUDA 9) and AMD (OpenCL 2.0) GPUs. Compared to Cast XMR and other Cryptonight miners xmr stak performs better and is known to produce better hashrates. Recently we’ve published a beginners tutorial on how to use xmr stak which is by fireice-uk’s …

The post XMR-AEON-STAK – All in one Cryptonight Miner V7, V3, Lite, Heavy appeared first on Coin Guides.

How to use XMR-STAK? Beginners guide to xmr-stak CryptoNight miner – v7

coinguides — Thu, 05 Apr 2018 14:26:08 +0000

Basically to get started with mining any Cryptocurrency you’ll need three things. 1. Hardware (CPU or GPU). 2. Wallet address of the currency to send your mining income. 3. A mining software that lets your hardware to connect to pool stratum and mine a specific algorithm or coin. There are variety of Cryptocurrency hashing algorithms …

The post How to use XMR-STAK? Beginners guide to xmr-stak CryptoNight miner – v7 appeared first on Coin Guides.