In order to start mining you basically need just two things, create an account with our pool and setup your miner.
1. Sign-up for a new account
In order to mine on HashLoft, your miner(s) must be pointed to one of HashLofts stratum servers below and user credentials for your account have to be specified.
HashLoft currently supports two distinct endpoint categories, Algo switching and Coin.
- Algo switching – leverages HashLoft’s proprietary AI/ML coin-hopping algorithm to automatically mine the most profitable coins at a given time, within a specific cryptographic hashing algorithm. HashLoft users can easily leverage this technology by selecting the appropriate crypto algorithm supported by their miners and HashLoft will generate the connection endpoint.
- Coin – known as the “legacy” way of mining. Allows miner owners to mine a single coin at a given time based on a connection endpoint.
- Bitcoin Cash
- Horizen (ZEN)
- and many more
2.1 Click on the Settings page, in the top left corner of the HashLoft website, as shown below:
2.2 Scroll to the “ENDPOINTS” section located towards the bottom of the page. To leverage HashLoft’s proprietary AI/ML coin-hopping algorithm to automatically mine the most profitable coins at a given time, as a first step, select “Algo switching” from the leftmost drop down box. As a second step, select the appropriate cryptocurrency algorithm supported by your miner, by selecting the algorithm from the center drop-down box shown in step 2 below. As an example, for Bitmain AntMiner S9 select SHA256, for Bitmain AntMiner L3+ select Scrypt, for Bitmain Antminer D3 select X11, etc. The final step is to click on the “Generate Endpoint” button.
2.3 A similar popup screen will appear with the Login, Password, Algorithm, and URL details that you will need to use when configuring your miner(s). PLEASE NOTE: The above image is a representation and does not contain your actual configuration.
NOTE: The above image is a representation and does not contain your actual configuration.
NOTE: The password can be an arbitrary text since there is no security issue present here. If someone tried to connect to our servers with your credentials, he would be just mining for your benefit.
3. Setup your payout address
To collect your reward you have to set a payout address. It can be done through the Wallet section of the HashLoft pool. The Wallet section allows you to configure multiple wallet addresses for payout, set coin for payout, set payout proportions, and/or withdraw currently mined coins in their present currency without any exchange.
If you don’t have an address, you need to get a bitcoin wallet first:
To define a wallet address for a specific cryptocurrency, click on the “Define New Payout Wallet” button, select the desired cryptocurrency coin, input your wallet address, and set the desired payout proportions. After all settings have been verified, press the “Save” button.