Error when trying to mint new token?

Hey guys, I’m very new to Solana and basically just wanted to try creating my own token based off of Solana. I have installed Rust and all of the other prereqs. I have my token created and account, but when I want to mint using the command spl-token mint my token ID, the amount to be minted, my token account number

I get the following error RPC response error -32002: Transaction simulation failed: Error processing Instruction 0: custom program error: 0x3 [5 log messages]

Any help would appreciated. Thanks!

Hi @Driverx2030 and welcome to the forum! :wave:

What version of the Solana do you have installed, and what network are you connected to?

I was able to connect create a token and mint some with this Solana config:

➜ solana --version
solana-cli 1.7.15 (src:4892eb4e; feat:2995838076)

~ 
➜ solana config get
RPC URL: https://api.testnet.solana.com 
WebSocket URL: wss://api.testnet.solana.com/ (computed)