Creditcoin 2.0 Mining Setup
This page provides detail for what is required to setup a mining node on the Creditcoin network.
This page provides detail for what is required to setup a mining node on the Creditcoin network.
Creditcoin Mining Node Setup
Prerequisites
Working Docker installation
Setup Steps
In order to receive mining rewards you will need an account on the Creditcoin network. Each account has an address and a balance associated with it. The account is backed by a keypair. You can use an existing ECDSA keypair (e.g. from pre-Creditcoin 2.0) or you can generate a new keypair. You can use subkey to retrieve the account address from an existing private key (e.g. from pre-Creditcoin 2.0) or to generate a new keypair.
Using an existing ECDSA keypair:
Your private key should be formatted as hex and start with
0x
, for example0x3351b11eca7b5c78c0f55c681d9a2e8a0630bcc7a95a35a4a87615c916771774
Note: if your existing private key starts with
00
, remove the leading00
first.
Run
docker run -it docker.io/parity/subkey inspect --scheme Ecdsa <private key>
which will display the account information fot the keypair. For example:Copy the
SS58 Address
for later use
Generate a new keypair
Run
docker run -it docker.io/parity/subkey:latest generate
. This will generate a new keypair and print the account information, for example:Store your secret phrase (a 12-word mnemonic) in a secure location. We won’t use this phrase directly, but you’ll need it to access the account or recover your private key.
Copy the
SS58 Address
for later use
Start mining node
Make make sure that your port 30333 is accessible by external connections
Obtain your public IP address
Run (remove comment lines first)
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