Litecoin QT datadir

To begin mining WorldCoin (WDC) you need a few things like (i) a WDC wallet to hold WDC’s, (ii) a computer to mine WDC’s and (iii) some basic knowledge on the mining process.

Below, I will explain the steps to get your mining operation started. First, we will deal with setting up your first WDC wallet and using it. After you have become familiar with the WDC wallet and its use, we will continue with setting up your PC for mining WDC.

1. Create a WDC wallet
First, download the WorldCoin-qt client.
Windows or Mac

Once you have downloaded the client, unzip the files to a location you like (e.g. (in Windows), “C:\Program Files (x86)\WorldCoin”). WorldCoin has no installer – it is just an executable – so you place the files at the desired location yourself.

2. Run the client for the first time
Now launch the file ‘WorldCoin-qt.exe’ located in your WorldCoin folder. You might get a Windows pop-up asking if you want to allow the client to connect to the Internet. Since the client needs access to the Internet to function properly, choose the option that allows the client to access the Internet.

The first time the client starts it will download the entire so-called ‘blockchain’. This is a file that contains all WDC transactions ever made. Everyone who runs the official WorldCoin client also hosts the entire blockchain on their PC. All clients share and update this blockchain by means of a torrent-like peer-2-peer system. If you make a WDC payment, your transaction is send out over the network and – in the end – stored as part of a block in that blockchain. Every time you start up the client, it will automatically receive the newer blocks since the last usage.