Buying And Mining Decred For Dummies

Discussion in 'Proof-of-work Mining' started by DecredMiner, Dec 31, 2015.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. DecredMiner

    DecredMiner New Member

    Dec 28, 2015
    12
    2
    Scotland
    I'm extremely interested in this new currency, and although I've heard of Bitcoin and others in the past, I find some of the instructions on how to mine a bit tricky, especially during the early days.

    It would be good if someone could create a mining Decred for dummies guide, and a buying Decred for dummies guide... I think this will get more 'mainstream' miners/buyers on-board.

    Cheers.
     
  2. Costin

    Costin Member
    Advocate (Twitter)

    Dec 28, 2015
    243
    84
    Male
    JavaScript
    Liverpool
    Will do. There are 17 days until release.
     
    adam2312 likes this.
  3. shoshin

    shoshin Member

    Dec 28, 2015
    86
    94
    Male
    I believe the devs have taken care to make Decred very accessible... I'm sure there will be mining binaries released for all major platforms and the the community will quickly fill the information void in the unlikely event that one should arise...
     
  4. anvoice

    anvoice Member

    Dec 22, 2015
    229
    78
    Male
    I believe we need a "beginners start here thread", which mentions that all technical questions will be answered in x days and links your FAQ. Otherwise we'll have chaos in the subforums.
     
    DecredMiner likes this.
  5. tacotime

    tacotime Hero Member

    Dec 7, 2015
    410
    1,133
    That's the plan. It has been a little chaotic - we didn't anticipate this much attention so early. Two major events will occur prior to launch. There will be correspondence about the airdrop. This will ask people to use dcraddrgen to generate a mainnet address and come register that information at a link provided - binaries will also be given with detailed instructions. Those who have entered incorrect URLs in the airdrop db, but have entered a correct e-mail, will get an e-mail asking them to fill in the correct details so they can be included as well.

    Miner binaries will be released for testnet so people can get comfortable with mining and setting up their rigs if they plan on PoW mining. The dates for these events are tentative at the moment - however, nobody will be left in the dark, and adequate time will be provided for everyone to get on the ship before it sets sail. It'll be posted on here, Twitter, reddit, Bitcointalk, e-mailed, and stickied everywhere possible. Having said that, things are looking good and churning along.
     
    Dezryth, adam2312 and LastNinja like this.
  6. Freedom2Choose

    Freedom2Choose Full Member
    Designer

    Dec 17, 2015
    103
    118
    Designer
    USA
    Are the binaries going to be compiled already for windows, linux, mac?
     
  7. Costin

    Costin Member
    Advocate (Twitter)

    Dec 28, 2015
    243
    84
    Male
    JavaScript
    Liverpool
    #7 Costin, Jan 1, 2016
    Last edited: Jan 1, 2016
    Hello . Yes it will. Happy new year!
    Edit: I`m sorry for the wrong answer, most likely it won't have support for OS X. Not everything is certain at this point.
     
  8. shoshin

    shoshin Member

    Dec 28, 2015
    86
    94
    Male
    Likely so... If the devs refer to "binaries" that means they will do the compilation of source code on your behalf...
     
  9. S1lentB0SS

    S1lentB0SS New Member

    Dec 28, 2015
    56
    18
    Male
    @shoshin hello mate, wath is that? DsijfYF1LBquGGQpyPH3UwwcJ4FzV7CtqBf?????
     
  10. shoshin

    shoshin Member

    Dec 28, 2015
    86
    94
    Male
    It is a Decred address, I expect you will be seeing many of them soon.
     
  11. Costin

    Costin Member
    Advocate (Twitter)

    Dec 28, 2015
    243
    84
    Male
    JavaScript
    Liverpool
    Sweet xD
     
  12. tacotime

    tacotime Hero Member

    Dec 7, 2015
    410
    1,133
    The miner binaries will be Windows and Linux - since not many people mine using OS X. dcrd and dcrwallet will run on Windows, *nix, OS X, and *BSD. dcrwebwallet will work in your browser.
     
    robinrob and Costin like this.
  13. S1lentB0SS

    S1lentB0SS New Member

    Dec 28, 2015
    56
    18
    Male
    @shoshin cool :) How you have get that? I expected to be informed and that all will be informed when it was possible to get a DCRD Adress?
     
  14. tacotime

    tacotime Hero Member

    Dec 7, 2015
    410
    1,133
    He would have used dcraddrgen. That's been public and open-source for two weeks. This is the same software that will be used when you guys submit your mainnet addresses for the airdrop. Binaries will be given with clear instructions. That's coming in the future and correspondence will be sent to your e-mails before all that happens. Any announcement regarding Decred will go through all of the outlets, you'd be hard-pressed to miss it. Forum, Bitcointalk, Twitter, reddit, and e-mail.
     
    S1lentB0SS likes this.
  15. S1lentB0SS

    S1lentB0SS New Member

    Dec 28, 2015
    56
    18
    Male
    @_ingsoc Thank You for that information. Cool, now i know it. I wish You a Great Decred Year!
     
  16. shoshin

    shoshin Member

    Dec 28, 2015
    86
    94
    Male
    Exactly right! I used dcraddrgen there are instructions at Github describing how to get it compiled. If you prefer to have binaries I strongly suggest you wait for the official ones and avoid getting them from untrusted third party sources...
     
  17. Freedom2Choose

    Freedom2Choose Full Member
    Designer

    Dec 17, 2015
    103
    118
    Designer
    USA
    If you can't figure it out (on windows) shoot me a pm, i just punched my way through it hitting probably every snag you could along the way for a new to git / go user. Thanks @shoshin for point me in the right direction!
     
  18. shoshin

    shoshin Member

    Dec 28, 2015
    86
    94
    Male
    My pleasure! Glad to see you persevered...
     
    Freedom2Choose likes this.
  19. llewdis

    llewdis New Member
    Advocate (Twitter)

    Jan 5, 2016
    8
    2
    Male
    Is there any information on how quickly blocks will be mined at the beginning? I haven't been able to find anything related to the rate of solutions yet.
     
  20. LastNinja

    LastNinja Full Member

    Dec 31, 2015
    451
    199
    Male
    I think it is 5min block time.
     

Share This Page