You want to know the best bitcoin mining software that will help you with the activity. If you are already familiar with bitcoin and how this digital currency works, you know that one of the methods on generating income is through mining. Of course, if you want to do it smartly and start creating your own passive sources, you need to be creative about it. Aside from mining, you can try investing, marketing, selling, and even gambling – the latter one isn’t advisable if it is considered illegal in your area and you have zero knowledge (and also expertise).
But in an overall retrospect, knowing the best bitcoin mining software can help you with the activity easier and faster – not to mention that you can probably have several options of yours that are intended for better mining and more improved outcome.
The Guide to the Mining Software
Before you start your search about the best bitcoin mining software, knowing some of the basic facts and general ideas will help. As the name suggests, mining allows you to get the bitcoin without you having to break an excessive sweat. Unlike the traditional mining system, you only have to make a few clicks and mostly monitor your mobile device to see the progress. You can see the current balance of your bitcoin from the available feature.
The mining process itself if basically handled and managed by the bitcoin hardware so you don’t have to worry about it. However, you may need the software so it can connect you to the mining pool (if you are a part of it) and the blockchain. Again, you won’t have to do anything because the software will do most of the work, including delivering the outcome to you, getting the completed work (from you), and provide the information to the mining pool and the blockchain. That’s how the software generally works.
If you are thinking about choosing a software, you may want to consider several important elements. First of all, you want one with simple and hassle-free implementation. Not everyone is familiar with bitcoin so having a software with the simple and not complicated system will be a huge help. Second, you want to choose one that is compatible and can be used for all kinds of operating system, like Windows, OSX, Linux, and even Raspberry Pi. Third, you want to choose a software that has all kinds of informative displays and features. Choose the one having general displays – that can also be used to monitor the activities – such as the fan speed, the mining average speed, the hashrate, the temperature, and such thing alike.
About the Network Consensus
The bitcoin mining pool is basically like a community or a network, a place where you join to do the mining. However, it is highly possible that you are doing the mining solo, which means that you don’t take part in any mining pool. It’s okay and it’s not considered illegal. But make sure that you have established and developed the bitcoin network consensus. If you are using the official BitCore client, then you are on the right track.
Don’t forget that you should be prepared for the mining activity. For instance, do you know that bitcoin mining also requires solid and steady bandwidth? How much should you prepare? If you are joining the pool, then you should prepare at least 10MB per day. Be sure that your option for the best bitcoin mining software goes along with it.
Don’t forget that you should also prepare the bitcoin wallet to accommodate your earnings. It would be useless for you to have the best bitcoin mining software if you don’t prepare the wallet from the beginning. You need to understand that you are dealing with the digital money, which means that you need somewhere safe and secured to keep the bitcoin. Do your research again for the reliable and trusted wallet. There are some of them known for their quality and service, such as Armory, Circle, Copay, Coinbase, Breadwallet, and many more.
The Potential Software
Let’s say that you are completely new to this industry and you are on your way to gain knowledge and experience. It means that you are looking for a way to find the most ideal and the best bitcoin mining software – at least for your needs. Don’t worry, there are several options that you can try as the beginner.
- CGMiner. One of the greatest advantages of this software is its compatibility with other operating systems, such as OSX, Windows, and Linux. It is perfect for beginners because it offers great flexibility and adjustability. You can monitor your system, as well as overclock it. You can also build database sing binary kernels to know your progress and also the achievement. It is completely simple and not complicated with as minimum complications as possible.
- EasyMiner. Just like the CGMiiner, it is also an open source software that can help you with your mining activity. You don’t have to spend a dime to have the program. Thanks to the handy performance graphs, you can monitor and visualize the activity, using any operating system you like, such as Android, Linux, and Windows. Another cool thing is that it isn’t limited to bitcoin only because it is also used for other types of cryptocurrencies.
- BitMinter. If you are looking for a software that is easy to use, has a nice user interface, and straightforward usage, this one can be the candidate. You can use it with different operating systems. If you want to use it, there is no fuss – simply download and then register. It also comes with a reward system, giving you a share whenever a new block is made or created. Quite generous, eh?
Bit Moose. Since it is developed and designed by Windows Software developer, it is definitely perfect for Windows OS. You can run it as the background of your Windows operation so it is convenient and also handy. It is a free open source software with console host and GUI.
Those are just several examples of the available programs. There are plenty more if you are interested. Make sure to do your research before choosing the best bitcoin mining software for your needs.