Bitcoin wallet location Ubuntu

Note: Before proceeding, note that this will require about ~2GB of disk space and take 8 or more hours to complete. You may wish to start a screen session before beginning. This is also very disk and CPU intensive!

Also, this is a pretty geeky way to do it. You may wish to alternatively consider coinbase.com for an easy way to get into bitcoin!

1. First, install bitcoin:

$ sudo apt-get install bitcoind 2. Then, just run bitcoind with no options:

$ bitcoind This command will provide no output. Leave the prompt open and running for 8+ hours until it completes.

During this process bitcoin will create a .bitcoin directory in your home directory and fetch all needed database and other files. This also creates your wallet automatically.

To see the progress, you can open up a new shell and type ‘bitcoin getinfo’:

$ bitcoind getinfo { "version" : 32400, "balance" : 0.00000000, "blocks" : 118488, "connections" : 8, "proxy" :, "generate" : false, "genproclimit" : -1, "difficulty" : 1297, "hashespersec" : 0, "testnet" : false, "keypoololdest" :, "paytxfee" : 0.00000000, "errors" : } To use bitcoind, first start the daemon:

$ bitcoind -daemon Then regular commands can be run.

Ex:

$ bitcoind listreceivedbyaddress (to show your bitcoin address) $ bitcoind getbalance When finished, stop the daemon as follows:

$ bitcoind stop It is not necessary to run bitcoin 24/7.

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