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Seeking tutorials/advice for an educational coin-mining project
I am seeking help finding tutorials for an educational coin-mining project I am designing and overseeing a coin mining project for a small group of learners. We will be using the home computer hardware we have available at this time, but may be able to add more dedicated hardware as time goes on. We have access to ~$100/month in free [email protected] ~.22/hwh. Our location is naturally cool, we have to run an electric heater in the computer room on a daily basis anyway. The project will run for a minimum of 6 months, and a maximum of 2 years. The main difficulty I'm encountering is that most tutorials are already outdated, and the few up-to-date tutorials are geared toward people with a lot of capitol to invest. Given that we're using very limited home computing hardware for this experiment, what altcoin should we mine, and which mining pool should we join? Which software should we use? While our overall goal is education, we want to make a net profit, how ever small that may be. We have free electricity and will not be factoring in the cost of our existing home computer hardware. Think of it like a "lemonade stand": The goal is to learn about small business money management, not pay the rent. But if the lemonade stand loses money and requires subsidization from the parents, the kids aren't really learning how to make a net profit. If we make $0.05 more than we spend on hardware, it's a success. Computer: CPU- AMD Phenom II X6 1050T, factory-overclocked to 3.2Ghz, with aftermarket aircooling in a well ventilated case GPU-ATX AMD Radeon 5770, currently running at stock speed. The desktop is used for low-processor applications during the day like web browsing and running microsoft excel. It is used for aprox. 2 hours of GPU intensive computer gaming/day. One rasberry pi with simcard, power supply, usb hubs, wifi, bluetooth, etc. Possibly use this to run USB bitcoin miners if we determine that we could make the investment on additional hardware back within 12 months. Goals: Learn about coinmining by implementing a coinmining operation. Learn about mining pools Learn about hardware overclocking Learn about cryptography and hashing Learn about online currency trading Learn resource management Not lose money on investment on any new hardware purchased. thanks in advance!
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