Now you need to install a miner. It has a simple interface, a drop down menu with a list of pre-configured pools and it is not difficult to setup. After you install the miner, you need to point it towards your pool. There are several options for Mining Bitcoins some of these are no longer profitable, but for the sake of being thorough here they are in order of efficiency lowest to highest:.
Currently the most efficient method is to use ASIC miners as with the difficulty always increasing, it becomes harder and harder to gain returns on lower spec hardware. Most ASICS work out the box and have built in web interfaces to control and monitor the hashing of the device, where as other forms of mining normally require a bit getting down and dirty in the command line. Also as its mostly ineffective to mine in any other way this is generally the way most people choose to go although there is normally a high barrier to entry due to the high cost of entry e.
When mining you want to ensure maximum possible up time as whenever you have hardware not hashing you are loosing money, So its pretty important to setup some kind of monitoring for your devices. Some mining software comes with this built in however there are also some other options out there. The Final piece in the puzzle is the pool, now obviously you can choose one of the many pools already out there or you can run your own pool.
Running your own pool can be a daunting task for beginners, but it is well worthwhile with the knowledge you learn while building and maintaining it. It is now difficult with specialized hardware butterfly labs, kncminer Sign up to join this community. The best answers are voted up and rise to the top. Stack Overflow for Teams — Start collaborating and sharing organizational knowledge. Create a free Team Why Teams? Learn more. How can I start mining Bitcoin?
Ask Question. Asked 10 years, 6 months ago. Modified 4 years ago. Viewed 54k times. I don't care if I make only a small amount of bitcoins mining. I want to mine. Is it damn simple, or it's a damn-high-geek-setup? How much should I expect in this simple system per month with my machine on all time?
Improve this question. I cleaned up your question a bit. I advise you remove the last mini-question about how much can you expect, because it's already been answered - bitcoin. Also, I think you should specify Windows or Linux. Or perhaps answerers will provide a generic answer. I'll mantain the last part of the question, maybe someone have a similar system, just that. If you read in my question " LinuxMint Anyway, truly thank you.
It's a "CPU friendly" bitcoin fork that looks relatively promising. It's utterly and completely pointless. The effort alone of writing this post, let alone reading the answers and setting up a miner, won't even remotely be repaid by the ridiculously tiny amount of coins you'll generate. Show 1 more comment.
Sorted by: Reset to default. Highest score default Date modified newest first Date created oldest first. Before you go through all this work, it is important to know what to expect from your hardware. That's it. BitMinter records your mining work in shifts using the PPLNS reward system and each time you create a new block, you get a share of the income proportional to your work in the last 10 completed shifts.
PyMiner is a cross-platform getwork CPU mining client for bitcoin built for study purposes. It is written purely in Python and in order to run you must build and run bitcoind from source on your computer. MultiMiner is an open source cross-platform client for crypto-currency mining and monitoring. Of all the mining tools on this list, it is the only one to pride itself as an intuitive mining tool.
BitMiner is an easy-to-setup pooling app for mining bitcoin with a reward system of 40 Satoshi per minute and 0. Its main selling point is its fully automatic processes that help virtually anybody to get up and running with mining bitcoins. Ever since its launch about two and a half years ago, its members have reportedly received a total of What are your favourite mining apps?
Do you have any titles that you can add to the list? Divine Okoi is a cybersecurity postgrad with a passion for the open-source community.
CGMiner. CGMiner is an open source C-based multi-threaded multi-pool ASIC and FPGA and it is among the most used cryptocurrency miners with support and binaries for RPi, OpenWrt routers. Best Linux Distros for Mining Cryptocurrency – A Guide for Beginners ; 1. HiveOS. A modern and sleek look ; 2. RaveOS. Very intuitive and easy to use ; 3. PiMP OS. The Best Bitcoin Mining Software for · CGMiner · BFGMiner · MultiMiner · Awesome Miner · Final Verdict · Compare Providers · What Is Bitcoin Mining Software? · How.