Now that you already know about the best Bitcoin mining hardware, we’re going to talk about Bitcoin mining software.

What is Bitcoin Mining Software?

Bitcoin mining hardware handles the actual Bitcoin mining process, but, Bitcoin mining software is equally as important.

  • If you are a solo miner: the mining software connects your Bitcoin miner to the blockchain.
  • If you mine with a pool: the software will connect you to your mining pool.
  • If you are cloud mining: you do not need mining software.

Importance of Bitcoin Mining Software

The main job of the software is to deliver the mining hardware’s work to the rest of the Bitcoin network and to receive the completed work from other miners on the network.

Bitcoin mining software monitors this input and output of your miner while also displaying statistics such as the speed of your miner, hash rate, fan speed, and the temperature.

Bitcoin Wallets

One of the most important things you will need before using any kind of Bitcoin mining software is a wallet.

Why?

This is because all Bitcoin mining software will ask you for a Bitcoin address that will be used to send your mining rewards and payouts. Once you create or download a wallet you will be able to get a Bitcoin address from your wallet.

There are many Bitcoin wallets, but these are the ones we recommend if you are just starting out:

  • Electrum – Simple Bitcoin wallet that works on Mac, Windows, and Linux.
  • Mycelium – The most popular Bitcoin wallet on Android.
  • breadwallet – The most popular Bitcoin wallet for iOS.

If you expect to earn a lot of money through mining then it would be smart to purchase a more secure wallet: a hardware wallet.

If you are just getting into it the Ledger Nano S costs about $65 and will keep your coins super secure.

Now that we understand mining software and how it helps in the mining process, and you got your Bitcoin wallet and address, let’s look at different software on different operating systems.

BITCOIN MINING SOFTWARE FOR WINDOWS

Bitcoin Miner

You can use Bitcoin Miner on Windows 10 and Windows 8.1.

It has an easy-to-use interface, power-saving mode, mining pool support, and fast share submission.

One useful feature is the profit reports feature because this feature will help you know if your mining is profitable or not. The latest version of this software is Bitcoin Miner 1.27.0.

BTCMiner

BTCMiner is an Open Source Bitcoin Miner for ZTEX USB-FPGA modules 1.5.

BTCMiner comes with the following features:

  • Dynamic frequency scaling in that BTCMiner automatically chooses the frequency with the highest rate of valid hashes
  • Ready-to-use Bitstream i.e. no Xilinx software or license required.

It also comes with supported FPGA boards which contain a USB interface used for communication and programming.

CGMiner

CGMiner is arguably the most famous and commonly used among Bitcoin miners at the moment. 

CGMiner is based on the original code of CPU Miner. 

This software has many features but the main ones include:

  • fan speed control
  • remote interface capabilities
  • self-detection of new blocks with a mini database
  • multi GPU support
  • CPU mining support

BFGMiner

BFGMiner is more or less the same as CGMiner.

The only major difference is that it doesn’t focus on GPUs like CGMiner but instead it is designed specifically for ASICs.

Some unique features of BFGMiner include: mining with free mesa/LLVM OpenCL, ADL device reordering by PCI bus ID, integrated overclocking, and fan control.

EasyMiner

EasyMiner is GUI-based and it acts as a convenient wrapper for CGMiner and BFGMiner software.

This software supports the network mining protocol as well as stratum mining protocol. It can also be used for both solo and pooled mining.

Among its main features is that it configures your miner and provides performance graphs for easy visualization of your mining activity.

Related Articles:

How to get into the crypto trade now that Bitcoin hits $1 trillion in market value? https://www.majkic.net/82-eng/sci-tech/1122-how-to-get-into-the-crypto-trade-now-that-bitcoin-hits-1-trillion-in-market-value 

Best Cryptocurrency Mining Software for Windows https://www.majkic.net/82-eng/sci-tech/825-best-cryptocurrency-mining-software-for-windows 

Cryptocurrency may become the new gold https://www.majkic.net/82-eng/sci-tech/1120-cryptocurrency-may-become-the-new-gold 

VIDEO: What is Bitcoin? https://www.majkic.net/82-eng/sci-tech/827-video-what-is-bitcoin 

How To Build Cheap Ethereum Mining Rig Guide https://www.majkic.net/82-eng/sci-tech/824-how-to-build-cheap-ethereum-mining-rig-guide 

Cryptocurrency exchanges shut down amid heavy trading, roller coaster Bitcoin Cryptocurrency exchanges shut down amid heavy trading, roller coaster Bitcoin 

Articles in the Serbian Language

PI je prva digitalna valuta koju možete iskopati na telefonu https://www.majkic.net/novosti/nauka-i-tehnologija/1109-pi-je-prva-digitalna-valuta-koju-mozete-iskopati-na-telefonu 

Najčešći tipovi prevara pri investiranju u virtuelne value (bitcoin, litecoin, ethereum...) https://www.majkic.net/novosti/nauka-i-tehnologija/829-najcesci-tipovi-prevara-pri-investiranju-u-virtuelne-valute-bitcoin-litecoin-ethereum 

Nestašica grafičkih kartica zbog rudarenja kriptovaluta https://www.majkic.net/novosti/nauka-i-tehnologija/835-nestasica-grafickih-kartica-zbog-rudarenja-kriptovaluta 

Da ste prije 7 godina uložili 100 USD u Bitcoin, danas bi imali 83 miliona USD https://www.majkic.net/novosti/nauka-i-tehnologija/836-da-ste-prije-7-godina-ulozili-100-usd-u-bitcoin-danas-bi-imali-83-miliona-usd 

NOTE: If you would like to PROMOTE link in this article, please let me know.

If you liked this article, please like DM Spot FB page, Twitter, or LinkedIn and be notified when a new article is published.


Dobrodošli

Hvala Vam što ste izabrali posjetiti DM Spot portal.

Na njemu ćete naći:

  • podatke o autoru,
  • članke na temu nauke i tehnologije,
  • eBiblioteku, preporuke,
  • članke iz života i stila i
  • promociju potencijala Republike Srpske.

Vidjećete i nešto što se nalazi između redova, moju ljubav i trud da ovaj sajt i komunikaciju prema Vama učinim originalnom, korisnom i atraktivnom i obećanje da neću prestati da se trudim.

Ukoliko nađete da Vam je posjeta ovom portalu bila koristila u bilo kom pogledu, razmislite o tome da mi platite kafu kako biste podržali moj rad.

Recommended