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Livepool

VIDEO 'MINING' POOL

Transcode Video, Get Paid
Get Started
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Put your GPUs to work

Anyone can connect their Video Cards to Livepool to transcode video and earn passive income for doing so.
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What is Video Transcoding?

Transcoding is the process of taking a raw video file and reformatting it so that no matter what bandwidth you have - whether 2g or 5g - and no matter what device, you're ensured the most optimal viewing experience.

Mine, Game or Render and transcode in parallel

Transcoding is mainly offloaded to specific chips on your video card. The process is very energy efficient, unlike mining, and uses a small amount of memory.This means you can mine crypto, render or play videogames while transcoding video!

Built on top of the Livepeer Network

Livepeer is a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in an infrastructure solution which is cheaper to an app developer or broadcaster than using traditional centralized live video solutions and cloud service providers.

Staking Livepeer Tokens

Staking your Livepeer Tokens (LPT) to Livepool has several benefits: you earn inflationairy LPT rewards, you earn a share of Livepool's transcoding rewards in ETH and you help the pool win more work.

To stake your Livepeer tokens go to the Livepeer Explorer

Stake LPT

Get Started

Set up a Transcoder and connect to Livepool in minutes

livepool -ethAcctAddr 0xF5ba856B4DBfBf3A56b01eFd0697fc188cE1aFD8 -nvidia 0,1
01

Download and Install Livepool Binary

Start by downloading the latest release for your OS
  Linux   Windows   OS X
Unpack the binary
$ tar -zxvf livepool-$(YOUR_PLATFORM)-amd64.tar.gz
After unpacking move the binary so it is executable from your $PATH
$ mv livepool-$(YOUR_PLATFORM)-amd64/livepool /usr/local/bin
02

Find your GPU PCIEe IDs

These are the IDs of the PCIe slots on the motherboard that your GPUs are installed in. These are numbered starting at 0. You can find the IDs by installing and running the nvidia-smi tool.
Eg. If you have 2 GPUs installed in your first two PCIe slots, your IDs should be 0 and 1
$ nvidia-smi
03

Start Livepool Transcoder

To start your Livepool Transcoder provide the Ethereum Address you want to receive payouts on and the GPUs you want to use for transcoding.
$ livepool -ethAcctAddr $(YOUR_ETH_ADDRESS) -nvidia $(PCIe IDs comma-separated)

FAQ

Have a question? Check out our frequently asked questions to find your answer.

Livepool is a video transcoding pool built on top of Livepeer. Similar to a crypto mining pool it pools together computing power but instead of solving proof-of-work algorithms it decodes and encodes video.