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Challenges Involved in This Project
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Solution We Applied
We first analyzed and prepared a complete blueprint for developing the mining pool. After preparing modules for development, we started designing the mining core for the pool using the HYCON ecosystem and blockchain technologies. HYCON or Hyperconnected Coin is a digital asset built on top of a faster and more scalable blockchain for faster performance.
After building a mining pool leveraging the HYCON ecosystem and other blockchain technologies, we moved towards the XMRig miner. For those who don't know — XMRig miner is a cryptocurrency mining program that individuals mine cryptocurrencies leveraging the high-end CPU power of computers. We understood the dependencies and integrated the XMRig miner with the HYCON pool.
We configured the XMRig miner with Stratum Mining proxy protocol to establish a working connection between them. Stratum Mining proxy is a protocol used to implement a proof-of-work (PoW) based on different cryptocurrencies. This Stratum Mining proxy establishes a connection with the upstream mining pool and completes the entire mining configuration.
Results We Achieved
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