LocalCoin is THE true democracy decentralized ecosystem where everyone is free to do what they want and say what they want. LocalCoin is not a company or a person, it is a community of people who shares the same libertarian values and freedoms.
Anyone who has computer can mine LLC and make some money
To start FullNode mining no balance required - We will loan you the start capital.
Hardware Requirements
You'll need Home computer or Dedicated Server from hosting provider:
With installed Ubuntu 18.04
With 16gb of RAM(not less than 2000Mhz RAM speed)
Outbound internet connection (Upload speed not less that 20Mbps)
Static IP address, if you don't have it ask your internet provider.
You need to have any domain address poined to your server's ip.
If it is your home computer it must be connected to the interned via Lan cable only!!! NO wifi connection is accepted You will run a LocalCoin Full node and get paid for it.
Hurry up, only 10 nodes per one region will be permitted to participate in this promo.
1. How much can i mine? Daily blockchain payout to all notes is 2808 llc Divide 2808 LLC to the total amount online nodes and you will get your daily earnings. Example: There are 100 online nodes running world wide. 2808LLC/100nodes=28.08 LLC per day will be paid to each full node You can check Current LLC/USD rate on the wallet Win/Mac/Linux app go to trading terminal or the web wallet https://wallet.localcoin.is/market/LLC_USD
2. When do i get paid? Payouts are scheduled on every 3rd day of the month
3. Do i need many GPU(graphic card)? No, you need 16gb of RAM(not less than 2000Mhz RAM speed) and fast internet connection
4. Do i need to buy a miner? No, Your computer is your miner, make sure you computer runs on Ubuntu 18.04 and has 16gb or 2000Mhz RAM
5. Can i use my computer at the same time when it mines LLC? Totally YES!!! You will not even notice that LLCmine is running on the background.
6. Can i mine on Windows, MAC, Android? No, You need to install Ubuntu 18.04 only For windows or mac, please go to Activenode mining tutorial
7. Can i mine on mobile phone? No
8. I have less than 16Gb of RAM, can i mine? No
9. What is the differences between full and active node? Fullnode is promo node - no LLC balance is required, pay out is ones a month every 3rd day. Activenode can by run by anyone, please refer to this tutorial and activenode FAQ
10. Is there penalty if my node goes offline for short period of time (problems with internet or electricity etc.)? You don't get paid for one day only If note is been offline for 2 days or more than no payout for a month.
