What is CrudeCoins?
CrudeCoins is using scrypt as a proof-of-work algorithm.
2.5 minute block targets
subsidy halves in 840k blocks (~4 years)
~84 million total coins
The rest is the same as Bitcoin.
50 coins per block
2016 blocks to retarget difficulty
Algorithm: Scrypt
Type: PoW
Coin name: CrudeCoins
Coin abbreviation: CRUD
Address letter: C
RPC port 32440
P2P port 32439
Block reward 50 coins
Block halving 770000 blocks
Coin supply 96250000 coins
For more information, as well as an immediately useable, binary version of the CrudeCoins client software, see https://www.crudecoins.net.
White Paper: https://crudecoins.net/whitepaper.pdf
Main Purpose of CrudeCoins™ is for businesses to be able to reward their employees that do not have bonuses, or any other incentive programs. We will accomplish this by setting up the employers with mining rigs, offical mining pool, setting up crude coins wallets for the employer and employees and set up merchandise online store. The employees will then be able to go on line to purchase items with Crude Coins or exchange Crude Coins for Crypto Currencies or withdraw Crude Coins into their own currency.
CRUDE COINS BLOCK EXPLORER http://162.253.124.192:3001/
CrudeCoins addnode
addnode=162.253.124.192
addnode=162.208.10.9
How to add the addnode to the wallet?
Open your wallet goto help > Debug Window> Console
Then type:
addnode 162.253.124.192 add
How to Mine CrudeCoins?
Download wallet here:
https://github.com/CrudeCoins/CrudeCoins/tree/master/wallets
Go to Help.
Click Debug Window.
This is the console where you will execute all commands.
Type this command to start mining:
setgenerate true -1
If you want to use a specific number of CPU cores, instead of -1, type the number of cores.
You can type the following command to see the status of generation.
getmininginfo
How to Mine CrudeCoins #2
Download wallet here https://github.com/CrudeCoins/CrudeCoins/tree/master/wallets
Open your wallet, and make sure you are connected to another wallet. You are connected if you see the icon Wallet Connections in the lower right corner of your wallet.
Close your wallet and create the file crudecoins.conf in the folder "%APPDATA%\crudecoins".
Paste the following text into crudecoins.conf and save the file. rpcuser=rpc_crudecoins rpcpassword=69c863e3356d3dae95df454a1 rpcallowip=127.0.0.1 rpcport=4210 listen=1 server=1 addnode=162.253.124.192
Download the latest version of cpuminer from here https://bitcointalk.org/index.php?topic=55038.0 and extract the zip file.
Create a .bat file named mine.bat and paste the following text into mine.bat. minerd --url=http://127.0.0.1:4210 --userpass=rpc_crudecoins:69c863e3356d3dae95df454a1
Save the file inside the extracted cpuminer folder
Open your wallet and execute mine.bat to start mining your first coins.