The most popular and well-known cryptocurrency today is bitcoin. It is available on all platforms that offer cryptocurrency exchange.
Such a network is able to verify the performance and prevent unnecessary costs. Since Bitcoin has a special algorithm that ensures security.
In order for a miner to confirm a block, he has to solve a calculation puzzle. It is quite complicated, and at the end there must be a 64-digit number. A huge amount of processing power will do the job just fine.
In situations where this number becomes available to several users at once – the person who conducted the most transactions takes the prize.
Choice of the Software
Once upon a time, it was possible to mine cryptocurrency from an ordinary computer. But time and innovation do not stand still. And now it is necessary to buy a special ASIC circuit and have quality equipment in order to get bitcoin. And profit is only possible with a farm or in a pool.
A very important point is the software. There are not many variants, but each of them has its own distinctive characteristics. Familiarizing yourself with all the offers, you can choose the best option. Let's consider the current offers in more detail.
An excellent option that was developed in 2011. It can run on various devices supporting Mac, Linux or Windows. This software can be combined with:
Because it has open-source code, anyone can check it out. A clear interface helps to quickly understand everything. It can be managed remotely. And with the latest updates, a function has been added that recognizes blocks on its own. Thus, the efficiency is constantly pleasing to miners. Therefore, many experienced users prefer it as well. Newcomers may encounter difficulties during the installation.
Among the disadvantages of this system, the only thing that can be noted is that the computer can determine it to be malicious.
This miner will definitely come in handy for experienced and advanced users. During operation it is possible to monitor the temperature of the equipment. If it is equipped with rigs, the BFGMiner can be used for remote monitoring.
The main advantage of this service is that it can mine different currencies at the same time. This is rare for such programs, which is why it is in great demand. But sometimes newcomers are not able to set everything up right away. But by learning how to use the command line correctly, it is possible to benefit from this product.
It works great with Windows, Linux and Mac systems. Also, it can be installed on Raspberry Pi.
The access and download are completely free.
Miner, which features a user-friendly graphical interface, was created based on BFGMiner. Such a program can automatically detect equipment, and work with different sites.
MultiMiner is great for new users because you will not need any coding knowledge. During installation problems rarely arise, because the installation wizard appears on the screen. And by following all the instructions, a person, even without a single experience in the field, will be able to quickly launch everything. All necessary parts and tools will be automatically scanned and running.
Other advantages of MultiMiner include:
- it works in automatic mode;
- it determines profitable currencies and starts to mine them;
- it will be a great tool for beginners;
- it is possible to create an effective strategy with its help.
A small disadvantage is only that the program runs only on Windows. And if there are other operating systems installed on the device – the user needs to take care of additional programs.
One of the most powerful programs for mining cryptocurrencies is Awesome Miner.
Users who choose this product can work with several installations at once without difficulty. Centralized management is possible from devices that are equipped with Windows and Linux. But new users can face some difficulties during the operation.
Working with cryptocurrency always requires patience and energy. And before starting to mine, everyone should be prepared for the fact that it is a costly process. It is necessary to calculate all the costs beforehand in order to understand whether it is worth starting this business. Keep in mind that buying ASIC can cost from several hundred to several thousand dollars. Also, there will be other costs as well, because you need to take care of quality hardware and operating systems. But because the prices of 1 Bitcoin are quite high, all the investments will be justified over time.