DCR (Decred) Mining Tutorial

Decred, referred to as DCR, is an autonomous digital currency. Through a hybrid consensus system, stakeholders can develop rules that are built into decentralized, sustainable, and autonomous currencies.

Part 1 — Mining Equipment And Environment

Algorithm: Blake256r14

Official website: https://www.decred.org/

Block explorer (1): https://mainnet.decred.org/

Block explorer (2): https://explorer.dcrdata.org/

Estimated mining hashrate and revenue:

https://www.f2pool.com/miners?currency_code=dcr#list-head

Part 2 —Obtain wallet address

【Full-node wallet】https://www.decred.org/downloads/

【Exchange】: Huobi, Binance

Part 3 — Miner Configuration

Input the miner’s IP address in the browser, and go through the miner backstage.

Pool URL:stratum+tcp://dcr.f2pool.com:5730

User/Worker:wallet address.worker name (there is a dot “.” for separating the wallet address and worker name. Worker name can be customized to distinguish the mining machines, both numbers or letters are fine)

Password: any word, such as 123.

After confirmation, save the settings, then the miner will start mining after a while.

Part 4 — Monitoring mining machine status and revenue

To view the operational status and daily income of the mining machine, you can access the f2pool official website, click on the search bar in the upper right corner, and enter the wallet address to check.

You can also view the information through our f2pool app. From the login screen, select “Quick View” in the bottom right corner and enter your wallet address.

Please note: After you set up your miner, it may take a little time before your mining data will sync with the f2pool website and app.

Happy Mining 🐟

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