How to get Fractalcoin

Want some Fractalcoin, but don’t know where to get it?

Like any cryptocurrency, it can be used in all the ways a payment method can be used.

You can sell goods or services, and accept Fractalcoin directly to your wallet (get a wallet) or online address (sign up with Cryptsy to get an online address).

You can post your Fractalcoin receiving address on your blog or YouTube page, so people can instantly send you tips.

You can use your computer’s video card to help run the Fractalcoin network, and automatically receive other people’s transaction fees as a reward for your contribution when you find a block.  (For instructions on mining, scroll to the end of this page.)

You get can small amounts of FRAC for FREE – at the FractalCoin Faucet!

And you can buy it with Bitcoin at Cryptsy.com – Buy or Sell Fractalcoin at Cryptsy.

 

 

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Mining

Mining a cryptocurrency can be a complicated process at first, but after you get everything configured then it pretty much runs itself.

The first step is to download a mining program that is compatible with your video card and the algorithm you want to mine.  Fractalcoin uses the X11 algorithm, and if you’re using an Nvidia GPU (GeForce) then one program you can use is ccminer (Download Here).  (use 7zip to open this compressed file)

(There are other programs that you can use, and you’ll need to find a different one that is compatible if your video card is AMD Radeon.   These instructions specifically cover ccminer, but there are other guides readily available online for any program and any type of video card you use.)

Once you have some mining software, you can either solo mine or use a mining pool.  This guide covers pool-mining, which is much simpler to figure out, and the pool we’re going to use is miningpoolhub.  Go there and register a username and password.  Under “Fractalcoin Pool”, click “Workers” and add a worker name and password (different from your user account password).  In this example our username is Joe, our workername is Joe1, and our worker password is password.

Now that you have a pool, a worker, and a password, you can go back to your ccminer and configure it.  Unless you put it somewhere else, the ccminer folder is in your Downloads folder.  Inside the ccminer folder, create a .txt file (right click the empty space in the folder and click New –> Text Document).  Open the text document and paste the following 4 lines:

@ECHO off
setx GPU_MAX_ALLOC_PERCENT 80
ccminer-30-35-50-52.exe –algo=x11 -o stratum+tcp://us-east1.fractalcoin.miningpoolhub.com:20493 -u Joe.Joe1 -p password
PAUSE

Then change “Joe.Joe1” to your username.workername, and change “password” to your worker password.

Save this file as a .bat file.

(instead of .txt, it will end with .bat – if that doesn’t work, or if it ends up as .bat.txt, then your computer isn’t allowing you to change the file extension.  So go to Control Panel;  in the Search box, type Folder;  click “Folder Options”;  click the tab that says View;  Uncheck the box for “Hide file extensions for known file types”;  Click OK.  Now it will show the file extension after the name of the file, and you will be able to change the filetype.)

Now that you have a .bat file, you click it and hopefully your miner will start running.  You’ll know it’s working because it will say “yay!!” at the end of the line when your GPU has submitted a valid share to the pool.  You need to leave the .bat file in the ccminer folder, but you can create a shortcut to it if you want it on your desktop so you can easily start it up again whenever you turn on your computer.

If it doesn’t seem to be working, come to bitcointalk and ask for help, or search the web for X11 mining help.

Please note:  there are many different ways to run a miner, and this is only one example.  For instance, the above settings instruct your GPU to run at 80% of its maximum capacity.  That will help prevent overheating, but your setup might be able to run faster and mine harder with more advanced settings.

Happy mining!