However, if you have other miners on your rig and you wish to manage all of them through the same interface, you’ll need the proper software to support it.Īnother important thing is the platform you’re using to manage your miners Whether it’s Windows, Mac OS or Linux – you’ll need to choose the right software. There are several things you need to look out for when choosing your mining software.įor one, are you going to mine other coins than Bitcoin? Nowadays, Bitcoin mining can only be done by ASIC miners, so whatever software you choose it has to support ASICs. More importantly, it allows you to put your miner to work and start making money by connecting to a pool, or to the Bitcoin network if you are mining solo (not recommended). It provides you with an interface to monitor and manage your miner’s settings (clocking speed, fan speed, etc.). guiminer comes with a number of preconfigured mining pools, so you can choose any of them, register beforehand, make sure you entered your Bitcoin address in your profile so you can get paid, and then start mining for that pool.Mining software is an essential part of your mining operation. It will most likely take you just as long to get 50 Bitcoins through a mining pool, but you'll get paid after every couple hours of work you contribute instead of waiting until you get a lump sum of 50 BTC. The resulting Bitcoins then usually get split proportionately among all the involved and active contributors. Mining pools combine the efforts of all the members involved in order to get blocks a lot faster. You could also increase the horsepower and add multiple GPUs or even additional mining rigs to get the number of megahashes higher so that it won't take months and months.Īnother choice is to choose to enter a mining pool.
That's, at the time of this writing, about $545! However, you'll either have to be very lucky to get a block, or you'll either have to spend many months running 24/7 before you finally get one.
You can try doing things solo, where if you manage to land a block, you'll get a total of 50 Bitcoins, all to yourself.
Once you have your miner selected, you can choose where to mine for.
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