I Built a Cheap Mining Rig that Mines DuinoCoin. This is an educational tutorial on How To Mine Duino Coin. I go through step by step exactly what you need to do to get started mining crypto.
Any of these Arduinos will work:
🟢 Nanos: https://amzn.to/3ARzlxH
🟢 Nano from the OG Arduino Team: https://amzn.to/36iePGY
🟢 Uno Kit: https://amzn.to/2SDDthV
🟢 Uno: https://amzn.to/3vBndLX
🟢 Uno From the OG Arduino Team: https://amzn.to/3iHey7N
Start a DuinoCooin Rig!
🟢 Cables: https://amzn.to/3xKHdNw
🟢 OTG: https://amzn.to/3qqX7Kj
Charging Stations:
🟢 7 Ports: https://amzn.to/3jirzF1
🟢 24 Ports: https://amzn.to/3zX6JAY
🟢Monitor Electric Usage: https://amzn.to/3yqigqY
Mine with ESPs Instead:
🟢 ESPs: https://amzn.to/3gVclUT
🟢 Spacers: https://amzn.to/2TWDNsl
🔑 Secure your Crypto with Ledger: https://shop.ledger.com/products/ledger-nano-s/?r=c72e1e4e0f61
🔑 Amazon Link to Ledger: https://amzn.to/2SY11OO
✔️Sub to the Channel: https://www.youtube.com/channel/UC2s2fiY9nT3mvuCD9jxqi6w?sub_confirmation=1
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Duino Coin was founded by Robert Piotrowski, a 17 year old from Poland, and since then, he’s been able to gather a team of developers and contributors to create an awesome project.
From the Duino Coin Whitepapers rev 5:
Duino Coin has no intention of becoming the best, biggest, or most modern crypto.
Duino Coin has no intention of rediscovering privacy either.
Duino Coin does not use complicated systems, algorithms or solutions.
And it won’t Because with thousands of different crypto coins in the world they will find it in a few minutes.
However, DuinoCoin is distinguished by its instant transactions, the ability to acquire coins in various ways on a large number of platforms, global availability, cost effectiveness, openness, simplicity, ease of exchange, and friendly growing community of avid miners who also want to contribute to our project.
DuinoCoin is meant to be a platform that allows people to learn something and at the same time earn some money (thanks to already existing exchange services)
Why did we create Duino Coin?
Simply saying, there are many cryptocurrencies available but most of
them can be mined only using powerful CPUs, GPUs or ASICs to make
some real money.
We wanted to change that, so that’s how DuinoCoin started. It is also a
great example for teaching how crypto-coins work thanks to its heavily
commented, open-source code.
What do we want to achieve?
The main goal was to create a cryptocurrency capable of mining on
Arduino boards, regular computers and other devices with low
computing power.
Since the system we’ve created is working really well (just look at the
amount of users!) we are now expanding our project in many ways,
including adding new ways of getting coins, expanding our audience and
making mining as fair as possible for every device – in short – improving
what we have
Why is Duino-Coin centralized?
Making Arduino and other low powered devices not only profitable, but
just possible would be impossible to maintain if the coin was
decentralized. Some people don’t like this idea, but this is the sacrifice
we had to make to be able to put our idea into a working system that has
fair rewards for practically every device.
We’re not the first centralized cryptocurrency, for example, Ripple (XRP) –
it’s centralized and it’s going very strong.
I, as a founder of Duino-Coin think that decentralization doesn’t make
much sense: why bother downloading blockchains or other useless
things if 99% people don’t care about it and just want to easily use the
coin without waiting ages for stuff to load.
Storing stuff inside a secure server also ensures the funds won’t be lost.
Quoting developer of leading crypto mining software, xmr-stak: “This is
the cryptocurrency world. Everyone is looking out for themselves. What
your friend is trying to do is advance his social position by giving you bad
financial advice. […] Because just like privacy [decentralization] is just an
empty marketing slogan […]”.
I haven’t met anyone that had problems with centralized crypto. If you
don’t like that idea then there is nothing stopping you from using another
cryptocurrency. All in all – it’s your choice.