# Shaicoin

Disclaimer:\
This is not financial advise. Mining can damage your hardware.

### Get Started

This guide is purely made for those who wants to try mining [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click) with their Linux machines. \
Do not have a Linux computer or spare CPU to mine? \
Rent one here: [https://cloud.vast.ai/?ref\_id=94252](https://t.co/BgNghk4FL4)

The steps involved include: 

\* Setting up a Shaicoin Core Wallet 

\* Generating a [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click) address 

\* Building [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click) miner 

\* Connecting to a mining pool

### Setting up Core Wallet

On your Terminal, run the following commands:

#### Install dependencies

```
sudo apt install build-essential libtool autotools-dev automake pkg-config bsdmainutils python3 libevent-dev libboost-dev libsqlite3-dev -y
```

<figure><img src="/files/fhTrWa1MyAYK0CSoF9P0" alt=""><figcaption></figcaption></figure>

#### Clone the repo

```
git clone https://github.com/shaicoin/shaicoin  
cd shaicoin
```

<figure><img src="/files/7TpimvqsFvbmZldRAJj9" alt=""><figcaption></figcaption></figure>

#### Build the wallet

```
./autogen.sh
./configure
```

<figure><img src="/files/5Nu2SSjNJE0pvZPEs7rr" alt=""><figcaption></figcaption></figure>

Depending on the number of CPU cores of your machine, the next command will require you to indicate that number. The build process might take a while. Please be patient.

```
# example make -j8
make -jmake -j [# CPU cores]
```

<figure><img src="/files/zE5qpoEBD45eU0PYm519" alt=""><figcaption></figcaption></figure>

### Run Core Wallet and Sync

#### Run Wallet

Navigate to the `/src` folder and then run the following command to launch the core wallet in the background.

```
./shaicoind -daemon
```

<figure><img src="/files/8CMPOtU0OQCGKlEwXsPB" alt=""><figcaption></figcaption></figure>

#### Check Logs

To view the logs navigate to the `.shaicoin` folder.

```
cd
cd .shaicoin
```

Next, run this command.

```
tail -f debug.log
```

<figure><img src="/files/PbN5WmWDchJMIVj1sZJa" alt=""><figcaption></figcaption></figure>

Wait for your core wallet to fully sync before you proceed to the next step.

To check the current block, go here: [https://blocks.shaicoin.com](https://t.co/OSFKwpJ5IO). Compare the "height" value shown on the logs to the most recent block on the Shaicoin block explorer.

<figure><img src="/files/T0d8vEQ7H9bMf1hOJbH8" alt=""><figcaption></figcaption></figure>

### Generate Wallet&#x20;

Navigate to `/shaicoin/src` folder:&#x20;

```
cd
cd shaicoin
cd src 
```

Then run the command to generate a wallet:&#x20;

```
./shaicoin-cli createwallet "yourwalletname" 
```

You can put in a wallet name that you like.&#x20;

Next, generate a [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click) address: &#x20;

```
./shaicoin-cli getnewaddress
```

Take note of the address since this will be used for your miner.

<figure><img src="/files/0OqDyIxCYZtpGYKJGEST" alt=""><figcaption></figcaption></figure>

### Backup Wallet

Always make a backup of your wallet. Here is how to do it.&#x20;

Go back to the `.shaicoin` folder to see your wallet backup.

```
cd
cd .shaicoin
cd wallets
```

<figure><img src="/files/dCFzsl0C55lLlJXJsbAZ" alt=""><figcaption></figcaption></figure>

Save the contents of the folder in order to restore your wallet in case you need to move to a different machine.

### Build [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click) miner&#x20;

#### Install dependencies

```
apt install libssl-dev
```

<figure><img src="/files/JcoLIo96pc4XKjs3q70q" alt=""><figcaption></figcaption></figure>

#### Install Rust&#x20;

Run the following command:&#x20;

```
curl https://sh.rustup.rs -sSf | sh
```

&#x20;Then choose option "1". Once it is done, set the PATH:&#x20;

```
source "$HOME/.cargo/env"
```

<figure><img src="/files/JTqBMnKYEV0ISYS2pmM6" alt=""><figcaption></figcaption></figure>

#### Clone Shaipot miner&#x20;

```
cd
git clone https://github.com/shaicoin/shaipot.git
cd shaipot
```

<figure><img src="/files/zTVuBWYQRNCL8nfqfed0" alt=""><figcaption></figcaption></figure>

#### Build miner

Run the following command:&#x20;

```
cargo rustc --release -- -C opt-level=3 -C target-cpu=native -C codegen-units=1 -C debuginfo=0
```

### Run the SHA miner

Get your [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click) address that you have generated and use that for the command to run your miner. You can follow this format:

```
./target/release/shaipot --address sh1xxxxxxxxxxxxxj --pool ws://162.220.160.74:3333
```

Make sure to change the address, or else your mining rewards will go to me.&#x20;

<figure><img src="/files/B8POA9DjinOexxoe5yTj" alt=""><figcaption></figcaption></figure>

Run the command and that is it. You are now mining [$SHA](https://x.com/search?q=%24SHA\&src=cashtag_click).

### Update Miner (Optional)

If you are still using the initial version of the miner, you can update it to get better hash rates. \
Here are the steps to do so.

Stop your miner, Use CTRL+C. Make sure you are in the `shaipot` directory.\
Run the following commands:

```
cd
cd shaipot
git pull
```

After downloading the latest version, recompile miner.

```
cargo rustc --release -- -C opt-level=3 -C target-cpu=native -C codegen-units=1 -C debuginfo=0
```

Run miner again to see a much better performance.

<figure><img src="/files/rlMrhhaPG9QJmHuFnAyN" alt=""><figcaption></figcaption></figure>

### Check Miner Status&#x20;

Check your progress here: <https://shaipool.z4ch.xyz/>

Pool address: <https://blocks.shaicoin.com/address/sh1qa5l9n97jerlwgpd5rrhj8nnqvvre4qnz0dy2fu>

<figure><img src="/files/F6KFcZJ5a6uHqvj7yBmu" alt=""><figcaption></figcaption></figure>

Rewards will automatically be distributed once the coins that the pool receives reaches a maturity of a 100 blocks.

<figure><img src="/files/ygNeI3a9Ka0Refph5BSA" alt=""><figcaption></figcaption></figure>

Thanks for reading!

#### Shameless plug...

If you do not want to mine $SHA, you can get it from exchanges.\
Here is my referral link for NonKYC: <https://nonkyc.io?ref=658045d205279ea14f3a7169>

CoinGecko is already tracking the price:\
<https://www.coingecko.com/en/coins/shaicoin>

<figure><img src="/files/89q7oVhjeBTXjSNs3AG9" alt=""><figcaption></figcaption></figure>

Follow [@shai\_pow](https://x.com/shai_pow) on X and go to their Discord: [https://discord.gg/vrfvbrDU](https://t.co/8INwdtdfhf)


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