SOFTWARE MINING

BEST MINING SOFTWARES

Software Mining

Bitcoin mining hardware handles the actual Bitcoin mining process, but bitcoin mining software is also as important. Bitcoin mining software works simotenously with mining hardware;
•It is the medium of communication with the bitcoin network and mining pool.
•Displays the statistics of hardware temperature, hash rate and other cryptographic informations.

Is Bitcoin Mining Software Harmful To Computers?

•Caution:

– There are lots fraudulent websites occupying different cyberspaces, they upload nasty and malicious softwares on their websites as software mining app for your download. These softwares are intended to steal any Bitcoin on your computer and/or any mined coins. Be cautious and make sure any software you download is from a reputable source, has high number of downloads and good reviews/rating.
– Personal computer as a hardware miner isn’t built for mining, so running it for long period of time for the purpose of mining each day can shorten its lifespan and cause unexpected behaviour like crashes or poor performance. Hardware such as a server-grade CPU or ASIC is intended for things like mining, so will perform better.
– Also, maximizing mining speed & overclocking PC hardware for better mining performance causes overheating of device. You should only do this if you are using an actual hardware designed for mining. Even if done correctly this will likely decrease the lifespan of the hardware(as it can increase operating temperature significantly).

All the things you’ll need to start mining Bitcoin:

•Mining hardware: The hardware you use for the purpose of mining bitcoin is referred to as your mining hardware. It could be your computer device CPU, GPU or any ASIC miner etc.
•Computer: When mining with a computer CPU /GPU /ASIC miner or any hardware miner, you’ll need a Windows/Linux/Mac computer to install the mining software.
•Mining software: This software connects it’s users to their mining pools. If you are a solo miner, the software connects your miner to the blockchain. The software monitors the input and output of your miner by displaying statistics such as the speed of your miner, hashrate, fan speed and temperature. The software delivers your hardware miner’s work information to the rest of the Bitcoin network and receives the information on work completed by other miners on the network.
•Pool: This allows you to share your machine’s resources(hash rate/power) over the internet and receive a portion of the mining profits in return. You can mine solo if you want, but many people choose to join a mining pool because mining solo is more costly and cryptographic computations are more difficult to solve alone.
•Bitcoin wallet: All Bitcoin mining software will ask you for a Bitcoin address that will be used to receive your mining rewards and payouts.

1. CGMiner

CGMiner is the most famous and commonly used among Bitcoin miners for about six years and is still going strong. With widespread features and active community support, it is presently the best Bitcoin mining software. It is a Linux based software written in C. Which makes it’s compatible with almost all operating systems. CGminer is a flexible mining program that supports multiple mining pools and devices, almost every platform. The command line application has a full monitoring user friendly easy layout interface and is easily and highly customizable you can use simple keyboard commands to change your settings. CGMiner was designed for hardware mining, but this doesn’t stop you from using CPUs and GPUs connected devices.
Some of the features include:
– remote interface capabilities
– fan speed control
– self-detection of new blocks with a mini database
– multi GPU support
– CPU mining support
However, it is difficult to download on windows10 because windows defender and several antivirus softwares seem to identify it as a malicious software so download is most times blocked. You can configure your system permission settings to make exception for CGMiner or use the Linux version.
– Compatible with Windows, Linux & Mac.

2. BFGMiner

BFGMiner is also an open-source software and it offers a command line interface & extra highly customizable features like the CGMiner. The only major difference is that it doesn’t focus on GPUs but was specifically designed to work with application specific integrated circuits (ASICs). It is ideal for cryptocurrencies using the SHA256 mining algorithm. Like other popular mining software, it allows you to connect to multiple mining pools. BFGMiner is also compatible with FPGA (Field-Programmable Gate Array) devices and can be configured to work with some graphics cards – but it’s unlikely you’ll make good mining profit from these. BFGMiner has a narrow focus, it has more features to allow you to tinker with mining devices, such as overclocking and using a remote interface. BFGMiner allows you to save electricity costs and other precious system resources by limiting the connection when a particular mining pool is not reachable(it will stop connecting to unreachable pools). You can make use of hotkeys to perform routine tasks such as monitoring pools, identifying devices and enabling extra features.
Some unique features of BFGMiner include:
– monitors the temperature of most devices
– can connect to multiple mining pools.
– mining with free mesa/LLVM OpenCL,
– ADL device reordering by PCI bus ID,
– integrated overclocking and fan control.
– Compatible with Windows, Linux & Mac.

3. MultiMiner

MultiMiner is a graphical user interfaced based mining software. Multiminer is perhaps thr easiest-to-use Bitcoin mining software, this mining software is remarkable because of its wide range features which makes the process easy for new users who aren’t familiar with the bitcoin mining space as it offers a user friendly and intuitive design. When you first install the software and the setup is complete, Multiminer will automatically perform a scan and then detect the hardware being used and list their details in a helpful table, such as the pool used and average hash power. Most importantly, the client will also display your daily projected profit with your current mining hardware. The appplication also provides detailed instruction to guide you through entering your pool information, using helpful tooltips to clearly define and explain the confusing and unfamiliar terms on the software. Multiminer lets you switch mining devices(e.g. ASICs, FPGAs) between different cryptocurrencies(e.g. Litecoin, Bitcoin) without effort. It uses the underlying mining engine to detect available mining hardware and lets you choose the coins you’d like to mine. Multiminer has many interesting features such as;
– automatic detection of netwwork devices, as well as
– ability to remotely monitor and control other Multiminer rigs.
During software setup after installation, the developer request that you send 1% of your profits tohis wallet as a way of saying thank for creating an awesome software miner. This is optional and entirely voluntary, you are free to enable/ disable this feature any time within the app.
– Compatible with Windows, Linux & Mac.

4. EasyMiner

EasyMiner also serves as the graphical fronted for mining software without GUI like CGMiner, BFGMiner and CPUminer. This makes it possible to dedicate your CPU and GPU to mining Litecoins while ASIC is dedicated to Bitcoin. The dashboard has a neatly laid out interface that is incredibly easy to navigate which allows you to configure mining pools, amend network settings and view your wallet. You can also use the settings features to enable ASIC hardware . After installation, when lauched the software is in a default “MoneyMaker” mode and this mode creates a wallet for Litecoins and start mining right away with its own private stratum pool, instantly using the machine’s CPU. It also has solo mode, which allows users to choose a pool of their choice, as well as a custom hash algorithm corresponding to the coin they want to mine. EasyMiner uses Network Hardware ID Layer(NHIL) protocol to provide an extra layer of security for the pool stratum and wallet. Different cryptocurrencies have different command line mining tools. EasyMiner best features include;
– configuring your miner and providing performance graphs for easy visualization of your mining activities, making things easier.
– Compatible with Windows & Linux.

5. BitMinter

BitMinter is different from other softwares in its category because it works with its own mining pool, which means you’ll need to create an account via their website. This pool is also one of the oldest pools that emerged during the advent of mining pools. The Bitminter mining pool has been around since 2011 and has one of the longest-running and most reliable services. BitMinter software is based on Java Network Launch Protocol(JNLP) and requires no installation. The program has straightforward Graphical User interface(GUI) that is incredibly easy to understand. A simple dial on the left display your hashrate in MH/s. Simply click on ‘Engine Start’ to begin mining. The Bitminter software also has a text console at the bottom of the window which provides you with updates such as when a device is connected, or when it has successfully connected to a mining pool. To get started, simply sign up to the mining pool on Bitminter website, configure your ASICA hardware as instructed and you’re set to mine.
– Some of the ASICs supported by Bitminter(and its pool) include Antminer U1/U2, Block Erupter USB( and other compatible hardwares), Chili and Red/Blue Fury.
You can check progress at anytime by reviewing the ‘Stats’ section which lists vital info such as the number of proof of work accepted/rejected by the server, as well as the time spent working. The work is recorded in shifts and 99% of the mining income is paid out to the users. The process of getting paid is incredible and reliable but charges 1% commission fee for mining with them.
– Compatible with Windows, Linux & Mac.