Ethereum Wallet Address

It is required to have an Ethereum Wallet Address to mine on the pool. There are several different methods for attaining an Ethereum wallet address.

Official Ethereum Wallet

The official Ethereum wallet is straight forward and simple. It is also officially supported by the Ethereum Project. However it requires that you download the entire blockchain (10+ GB and growing) onto your PC before you are able to use it. 

  1. If you are behind a firewall ensure that port 30303 is open on your firewall.
  2. Head to the Ethereum Wallet Release Page
  3. Scroll down to "Downloads" and download the latest version of the wallet. There is both 32-bit and 64-bit versions.
  4. Once downloaded, extract the .zip to a folder of your choosing.
  5. Navigate to the folder you extracted it to, and click on "Ethereum-Wallet.exe"
  6. Wait several hours for the blockchain to download
  7. Once the blockchain is done syncing, you will see "Accounts Overview"
  8. Click on "Main Account"
  9. You will see a key on the left and a string of numbers/letters starting with 0x. This is your Ethereum wallet address you will use for your miners.
  10. You are all set!

My Ether Wallet

This is a web-based javascript wallet that is very simple and easy to use. This is the quickest way to attain an Ethereum wallet address so you can start mining right away. However it does have it's limitations compared to the official wallet.

  1. Head to MyEtherWallet.com
  2. Click on "Generate Wallet"
  3. Enter a strong password, write it down!
  4. Click "Generate"
  5. Under "Save Your Address" you will see your address that starts with 0x. This is what you will use for the pool.
  6. We suggest that you print out your paper wallet, download the encrypted keystore file, and WRITE down your private key (never store it on a computer!).
  7. You are all set!

Exchange

If you plan on selling your Ether right away you can always mine directly to an exchange. Simply use the supplied address that your crypto-currency exchange supplies you with for Ether deposits. Keep in mind this is the most risky of all methods as you are technically not depositing it to a wallet that you own or control. We do not recommend this method unless you have good faith in your exchange. 

Have more questions? Submit a request

0 Comments

Article is closed for comments.