This a step by step guide on how to setup your own crypto-currency mining pool. This guide is going over how to best ubuntu bitcoin miner an Monero mining pool .
This is meant to setup a mining pool for a SINGLE CRYPTO CURRENCY. This is not a guide for a Multipool! If you want to see what it looks like before you set it all up, head to the Monero Mining Pool. For this guide purpose I will be using Monero Crypto Currency .
At this point you should have your VPS started, putty up and running and your logged in as root. I am setting up a 4GB swap, which may be overkill but it’s the most common swap sized used in most guides so ill keep it at that. Now let’s add it into fstab so it’ll activate at boot. Add the following line at the end of the file. X to exit the nano editor.
Now your swap is setup, you can modify the size in the future if you need more or less. Now let’s setup the coin daemon, I will be using monero. You can see demon is starting and you can see that it started syncing with network . Depend on your vps network speed it will take some time to fully sync . The fastest way to achieve this, is to download the current blockchain and import it into the daemon.