Hello,
I tried several things but everything failed.
Compiling the Kernel directly on the Olinuxino failed because of "disk full" error. So I partitioned the remaining space on the SD card to get additional space.
To speed up things I used my desktop PC as distcc cross compiler as described on the ArchLinux ARM website.
After another about 10 hours of compiling now the PKGBUILD hangs at "XZKERN". It seems to be impossible to compress the kernel.
Now I tried to edit the PKGBUILD to contain "CROSS_COMPILE=path_to_crosschain" and "ARCH=arm". This compiled well directly on my desktop and was *much* faster than compiling on the Olinuxino but the resulting kernel won't boot. Booting hangs at "Loading Kernel Image ... "
What can I do to recompile the kernel?