Solo Mining

You can attempt to earn some VirtaCoins by solo mining. The act of "mining" is simply a way of contributing processing power to the VirtaCoin network. It helps to secure the network and process transactions.

While VirtaCoin is young your chances of earning coins as a solo miner are good. However, as the total computing power of the network grows, eventually, it will only be profitable to mine with a mining pool.

Instructions

The simplest way to solo mine is to enable your wallet to generate coins.

Option 1: All Operating Systems

An option which should work for Windows, Mac and Linux involves modifying the VirtaCoin wallet configuration file: virtacoin.conf

For this to work, you must locate the configuration file and edit it to include the following lines...

gen=1      
genproclimit=-1

After saving the configuration file, shut down your VirtaCoin wallet and restart it.

Option 2: Windows Users Only

  • Find the file you downloaded (virtacoin-qt.exe), right-click it, and choose to create a shortcut.
  • Right-click the shortcut you just made and select "properties".
  • Where it shows the "target", add a space followed by the parameters. For example, if it shows the target as...
    "c:\path\to\virtacoin-qt.exe"
    then you change it to
    "c:\path\to\virtacoin-qt.exe" -gen=1 -genproclimit=-1
    Note: Don't change anything within the quotation marks! After the last quotation mark, just add a space and the parameters shown.
  • Now, whenever you click this new shortcut to launch the VirtaCoin wallet, it should begin solo mining.
  • Your Reward

    When your wallet software is mining, it will contribute as much computing power as it can to the VirtaCoin network. There is a chance – but no guarantee – that you will earn VirtaCoins as a result of this process. If you do earn coins from mining, they will show up in your VirtaCoin wallet and will become available to use after a short while.