FREE(ISH) MONEY 1! (I run this on a few desktops, laptops and an old phone. i just turn it on the desktops/laptops while im not using them. Made ~$200 to date)
There are 2 things you can mine at home that are relatively cost effective and dont require anything more than a PC(or even phone if you are cool enough and have old phones in a drawer)
MINING PKT CASH.
(This is great if you have access to multiple devices that go unused for periods of time and no smart IT people lol)
TOKEN: PKT price today, PKT to USD live price, marketcap and chart | CoinMarketCap
What Is PKT Network (PKT)?
PKT Network(PKT) is a decentralized physical infrastructure (DePIN) ecosystem supporting open internet access & powering the decentralized web. PKT claims to be the world’s first bandwidth-hard blockchain and a decentralized internet service provider (ISP). PKT leverages the open-source mesh networking protocol called cjdns to optimize traffic routing and offer free VPN. PKT enables network users to share access to the internet and monetize their unused bandwidth.
PKT blockchain is based on Bitcoin’s codebase, but substitutes Bitcoin’s SHA-256 hashing algorithm with PacketCrypt, the first ever bandwidth-hard proof-of-work. PKT blockchain was created to economically incentivize nodes to become PKT network’s internet service providers.
Together with its native mined coin PKT Cash, the project aims to demonopolize the global information space and allow users to access internet data with no restrictions from centralized intermediaries.
Serving as a reward for users who provide bandwidth for other nodes in the network, PKT Cash can be used to get VPN through Anode VPN, PKT’s VPN marketplace, and subsequently to pay internet utility bills through PKT pal, PKT’s bill pay service
- HOW TO MINE
This is a CPU based system. The better the CPU, the more you mine. It also requires a decent level of bandwidth, but that shouldnt be a problem with any high speed setup. A high end CPU and slow internet could result in being bottlenecked by the internet speed.
There are a few ways to mine PKT. some more efficient than others, but that efficiency also comes with a complexity of setup.
- The PKT World wallet. This has a built in miner. You need this wallet whether or not you are using it to mine.
https://docs.pkt.cash/en/latest/pktd/pktwallet/
Download and install this wallet. Create a new wallet. Obviously save your seed phrase, but there is also a wallet passphrase(password) used to unlock the wallet to enable sending the coins to another wallet for sale.
At the top of the wallet is “Mine” and a “Start” option. In the settings you can change the number of CPU threads used.
BOOOORING
- With a PowerShell script or on linux. (Ill detail how to run in Windows, but if you run Linux and want a script and setup details, just ask.)
This is what I do. The setup isnt difficult, and you have more control and exactly how you mine. This involves downloading packetcrypt.
Windows or Linux setup is similar.
WINDOWS:
- Copy this script and save as pkt.ps1. edit the script at the points “<C:\path\to\packetcrypt.exe>”, and
while($true) { & start-process -NoNewWindow -FilePath "<C:\path\to\packetcrypt.exe>" -ArgumentList "ann -p <your wallet address here> http://pool.pktpool.io/diff/8192 http://pool.pkt.world/ http://pool.pkteer.com http://stratum.zetahash.com -t <Number of CPU threads to use>" sleep 3600 & taskkill /f /im packetcrypt.exe echo "**************************" echo "***** 60min PASSED *****" echo "***** RESTARTING *****" echo "**************************" }
(This is formatted horribly)
A linux script is similar:
#! /bin/bash
while true; do
./path/to/packetcrypt ann -p <wallet_address> http://pool.pktpool.io/diff/8192 http://pool.pkt.world/ http://pool.pkteer.com http://stratum.zetahash.com -t <cpu_threads>
PID=ps u | awk ' $11 == "./packetcrypt-v0.5.1-linux_amd64" {print $2}'
sleep 3600
kill $PID
done
(Might be errors above, i typed that by hand)
This script will run as long as you have Powershell/terminal open on your system. You might need to run the powershell command “Set-ExecutionPolicy Unrestricted” first, to allow Powershell to run the script.
The script launches the mining, and every 60min will restart the script. This is because there can be instances where packetcrypt flakes out and needs to be restarted. The URLs in the script are the mining pools.
-
To run the script, open Powershell and open the directory where you saved pkt.ps1. example: cd “c:\pkt”. then run the command: .\pkt.ps1
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or if you did this on Linux, i dont need to tell you how to run it
If you want to know how to run this on a phone: 📱 SNcomp for Android, UserLAnd, aarch64 armu package · SiemdeNijs/packetcrypt_rs_SNcomp Wiki · GitHub