Setting up Cpuminer for Monero Mining on Ubuntu 16.04

This post is about setting Cpuminer, for Monero Mining on Ubuntu 16.04. This example uses a MinerGate pool. More about MinerGate is at https://minergate.com/

Monero mining is one of the Cryptocurrencies, which still rely on CPU Mining, along with GPU mining, entirely due to its design and model.

The main website for this cryptocurrency is https://getmonero.org/. You can find more information on this site.

Following is a script which sets up an ubuntu system :-

When this gets over, all you need to is run the miner daemon, an example of which is as follows :-

And your daemon starts in the background, and now you will start earning monero coins 🙂

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