Bitcoin Mining: Lohnt sich das Mining von Bitcoin noch ...
Liste der Mining-Software - BitcoinWiki
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Bitcoin minen am Mac: So funktioniert das Mining unter ...
Ethereum 's Top 7 Mining Tools in 2020
If there is a cryptocurrency that has acquired popularity close to Bitcoin, then it is Ethereum. It is among the leading crypto-currencies when it comes to market capitalization. Ethereum is not just a cryptocurrency, but it is also a blockchain system that is useful in creating decentralised applications. Since Ethereum Blockchain is used by most companies now, it is gaining popularity among Ethereum miners and developers. Ethereum mining is a great way to make more cash. Benefiting from cryptocurrencies in p is a perfect option. Since many applications for Blockchain depend on Ethereum. Ethereum mining is going to be lucrative, as its price is expected to grow. The Ethereum minimum can be simplified with the use of the best Ethereum software. There are some apps like that on the market, and we've got the seven best for you here. 7 Ethereum 's Best Apps: ETHminer- This is an Ethereum mining application which is supported on Linux , Windows, and Mac. It is also possible to use the Ethash algorithm, luke Ellaisma, Musicoin Ethereum Classic, Metaverse, It is a command-line program that allows you to construct shortcut commands using a Windows cmd / batch file or Linux Bash script. The next software on our list is CGMiner-A, which was published in 2011. It is one of the common choices and has compatibility with GPU, FPGA, and ASIC. It is open-source software and can cause advanced detection of blocks. It is written in C; Ethereum developers are able to save a hash rate without delay using this Ethereum mining programme. On Linux , Windows, and Mac, this program is open. BitMinter- The graphical interface is transparent and it links easily to the Bitminter mining pool. This software was launched in 2011 and has more than 450,000 user accounts registered. The Java Network Launch Protocol (JNLP) is the foundation of its operations. Linux, Windows and Mac are also compatible with this programme. Claymore- This is one of the most powerful mining applications for Ethereum, and without delaying the mining pace, you can scale up the hash rate. You can also mine other cryptocurrencies like Lbry, Pascal, Siacoin, and Decred using this Ethereum mining programme. This software is Linux and Windows compatible and not Mac compatible. WinETH- If you are looking for an Ethereum mining app that is fast and simple to use, then this is the one for you. It is comparable to WinETH, but it has a simpler Interface and a smarter algorithm that makes it easy to use for Ethereum miners. Minergate-It was the first mining app for Ethereum to deliver merged mining. You can use this app to concurrently mine two separate coins without impacting the main coin's hash rate. In addition, this coin will also tell you about the market's most valuable coins. This programme can be used by Ethereum miners to mine other coins, including Zcash, Liteoin, Monero. BFGMiner- This programme is written in C and operates on various Linux, Windows and Mac operating systems. You will mine crypto coins and have both SHA256D and Scrypt on its algorithm. It also offers you total support for tracking. Conclusion- These are some of the popular mining applications for Ethereum that you can use. If you would like to know more about the creation of Ethereum, or Ethereum mining, If you wish to know more about Ethereum development, or Ethereum mining, or you want to enroll for Ethereum certification, connect with Blockchain Council today.
how to shibecoin v rich in minutes much instruct so simple any doge can do
UPDATE 1/21/14: I'm not updating this guide anymore. Most of the steps should still work though. See the wiki or check the sidebar for updated instructions. Before you do anything else, you need to get a wallet. Until there's a secure online wallet, this means you need to download the dogecoin client. Now open the client you just downloaded. You'll be given a default address automatically, and it should connect to peers and start downloading the dogechain (aka blockchain in formal speak). You'll know because there will be a progress bar at the bottom and at the lower right there should be a signal strength icon (TODO: add screenshots). If you've waited 2 or 3 minutes and nothing is happening, copy this:
And paste it into a new text file called dogecoin.conf, which you then place into the dogecoin app directory.
On Windows this is C:\Users\[YOUR_USER]\AppData\Roaming\DogeCoin
On Macs it's ~/Library/Application Support/DogeCoin
Now restart your qt client and the blockchain should start downloading in about 1-2 minutes. Once it finished downloading, you're ready to send and receive Dogecoins!
Decide how you want to get Dogecoin. Your options are:
I'll go into detail about each of these. I'm currently writing this out. I'll make edits as I add sections. Suggestions are welcome.
Mining is how new dogecoins are created. If you're new to crypto currencies, read this. To mine (also called "digging"), a computer with a decent GPU (graphics card) is recommended. You can also mine with your CPU, but it's not as efficient.
These instructions cover only Windows for now. To mine, you'll need to figure out what GPU you have. It'll be either AMD/ATI or Nvidia. The setup for both is approximately the same.
Step One: Choose a pool
There's a list of pools on the wiki. For now it doesn't really matter which one you choose. You can easily switch later. NOTE: Youcanmineintwoways.Solominingiswhereyouminebyyourself.Whenyoufindablockyougetallthereward.Poolminingiswhenyouteamupwithotherminerstoworkonthesameblocktogether.Thismakesitmorelikelythatyou'llfindablock,butyouwon'tgetallofit,you'llhavetosplititupwithothersaccordingtoyourshareofthework.Poolminingisrecommendedbecauseitgivesyoufrequentpayouts,becauseyoufindmoreblocks.Thelargerthepoolyoujoin,themorefrequentthepayouts,butthesmallertherewardyouget. Overalongperiodoftimethedifferencebetweenpoolandsolomininggoesaway,butifyousolomineitmightbemonthsbeforeyougetanycoins.
Step two: Set up pool account
The pool you chose should have a getting started page. Read it and follow the instructions. Instructions vary but the general idea is:
Create an account
Create a worker under the account
Grab the mining URL (usually on the getting started page)
Setup your cash out options in your account settings by entering one of your wallet's receiving addresses
When you're done with this, you'll need to know:
Your account, worker name, and worker password
The mining (stratum) URL (usually the pool's URL followed by a port)
Step three: Download mining software
For best performance you'll need the right mining software.
Create a text file in the same folder as your miner application. Inside, put the command you'll be running (remove brackets). For AMD it's cgminer.exe --scrypt -o stratum+tcp://: -u -p For Nvidia it's cudaminer.exe -o stratum+tcp://: -O : Substitute the right stuff in for the placeholders. Then on the next line of the text file type pause. This will let you see any errors that you get. Then save the file with any name you want, as long as the file extension is .bat. For example mine_serverName.bat.
Step five: Launch your miner
Just open the .bat file and a command line window should pop up, letting you know that the miner is starting. Once it starts, it should print out your hash rate. If you now go to the pool website, the dashboard should start showing your hashrate. At first it'll be lower than what it says in the miner, but that's because the dashboard is taking a 5 minute average. It'll catch up soon enough. NOTE: Anormalhashrateisbetween50Kh/suptoeven1Mh/sdependingonyourGPU.
You're now mining Dogecoins
That's it, nothing more to it.
CPU mining isn't really recommended, because you'll be spending a lot on more on power than you'd make from mining Dogecoin. You could better spend that money on buying Dogecoin by trading. But if you have free electricity and want to try it out, check out this informative forum post.
Trading has been difficult so far, but Dogecoin just got added to a few new exchanges. If you don't have a giant mining rig, this is probably the best way to get 100k or more dogecoins at the moment. I'll write up a more complete guide, but for now check out these sites:
Faucets are sites that give out free coins. Usually a site will give out somewhere between 1 and 100 Dogecoin. Every site has its own time limits, but usually you can only receive coins once every few hours, or in some cases, days. It's a great way to get started. All you do is copy your address from the receive section of your wallet and enter it on some faucet sites. Check out /dogecoinfaucets for more. If you go to each site on there you might end up with a couple hundred Dogecoin!
This method is pretty straightforward. Post your receiving address, and ask for some coins. Such poor shibe. The only catch is, don't do it here! Please go to /dogecoinbeg.
Other redditors can give you Dogecoin by summoning the tip bot, something like this: +dogetipbot 5 doge This might happen if you make a good post, or someone just wants to give out some coins. Once you receive a tip you have to accept it in a few days or else it'll get returned. Do this by following the instructions on the message you receive in your inbox. You reply to the bot with "+accept". Commands go in the message body. Once you do that, the bot will create a tipping address for you, and you can use the links in the message you receive to see your info, withdraw coins to your dogecoin-qt wallet, see your history, and a bunch of other stuff. As a bonus, so_doge_tip has a feature where you can get some Dogecoins to start with in exchange for how much karma you have. To do this, send the message "+redeem DOGE" to so_doge_tip. You'll need to create a tipping account if you don't have one. If you want to create a tipping account without ever being tipped first, message either of the bots with "+register" and an address will be created for you.
1/21/14 - Added note about this thread no longer being updated
1/21/14 - Changed wallet links to official site
12/27/13 - Added 1.3 wallet-qt links
12/21/13 - Added new windows 1.2 wallet link
12/20/13 - Fixed +redeem text
12/18/13 - Added short blurb on trading.
12/18/13 - Updated cudaminer to new version (cudaminer-2013-12-18.zip).
Discover the best programs to start mining Bitcoin and other cryptocurrencies today
If you've decided to take the plunge and have bought your own Bitcoin (BTC) mining hardware or mining rig, your next step is to connect to a mining 'pool'. This allows you to share your machine's resources over the internet and receive a portion of the mining profits in return. There are a number of programs available to help manage your crypto-mining. In this guide, we've explored five of the most popular. If you're an experienced computer user, you may prefer to install the free operating system Linux and make use of one of the text-only programs such as CGminer. If you prefer to keep things simple and are sticking with Windows 10, mining clients with a GUI such as MultiMiner may suit you better. Before getting started, if you want to be sure a mining program will work with your particular device or operating system, the Bitcoin Wiki has a very helpful list.
So it has become apparent to me from the constant questions on this subreddit that a lot of new miners/shibes need help, so I have decided to make a basic guide to most of the questions I see a lot here. 1) BTC - This means Bitcoin so If you see a miner that says BTC it does not work with dogecoin because dogecoin is Scrypt. 2) Scrypt - This is what dogecoin runs off of, or what your computeasic/gpu solves to support the network. 3) Asic - This stands for an application-specific integrated circuit, or in less confusing terms a miner dedicated completely to mining a particular type of coin such as dogecoin. 4) GPU Mining - Using a graphics card to mine crypto currencies. 5) CPU Mining - A slow and inefficient way of using your computers Central Processing Unit to mine crypto currencies. 6) Hash Rate - The rate at which you mine a crypto currency. The higher the better. 7) KH - This Means Kilo Hashes. 1KH = 1,000 Hashes a Second 8) MH - This Means Mega Hash - 1 MH = 1,000,000 hashes a second. 9) Should I buy an asic? - If you want to support the network yes. If you want to solely make money off of it No. Buy the coin if you want to make profit. This is my opinion, there is no one answer to this question. 10) Mining Pool - Pooled mining is a mining approach where multiple generating clients contribute to the generation of a block, and then split the block reward according the contributed processing power. Pooled mining effectively reduces the granularity of the block generation reward, spreading it out smoothly over time. Tl/DR You Work with other miners to solve stuff faster making you money faster. 11) Mining Difficulty - How hard it is to solve the problems to generate dogecoin. 12) Do I need a fan? - Yes I cannot stress how important it is to properly cool your units. Make sure your units are always cool or else they might melt. Do not think you are safe just because you turn your ac up, but a fan. 13) What Mining Pool Should I Pick? - Here is a list of all of the pools Pick one that works for you. 14) What is a wallet? - This is where you store your dogecoin and where you can send and receive dogecoin. 15) What Wallet Should I get? - Online is convenient but not safe. Paper Is the Safest But Not convenient. Cold Storage is the mostly safe and somewhat convenient. 16) What is cold storage? - Basically putting your wallet on an offline device like a usb. 17) Can I mine on a mac? - Yes look here for more info. 18) Cloud Mining - A service you buy that mines for you. you pay for a certain amount of hashes, lets just say 10gh for an example, and the company/service mines you this amount for the time you bought. It is not profitable usually. 19) What Is a Raspberry Pi? - A small cheap computer that people use to run their miners on. 20) Watts - The measure of electricity. 21) Should I pre-order? No Never F%&$ing pre order, you will get scammed 99.9999% of the time. 22) Can I still mine? - Yes, you probably wont make money but you will support the doge community. 23) Linux - An operating system like windows that people use to run mining programs on. 24) If you Have an animal make sure to properly protect your mining rig from them. Wires from the machines make great chew toys. 25) How Do I calculate if im going to make money with my mining rig? - Use This mining CalculatorThis is also a very good calculator 26 What Mining Program Should I use? Windows: CG MINER Mac: Astroid Linux: CG Miner again Goodluck mining I hope this helps. This Also Took A long time to make so support would be appreciated :)
Want to get started mining defcoin with an ASIC and a Raspberry Pi? Does 360 KH/s of mining power sound appealing? Here’s how to do it. https://pbs.twimg.com/media/Blpj8IvCcAEIStY.jpg 1) Hardware List -Raspberry Pi Model B --SD Card --Micro USB power supply --Ethernet cable -Gridseed ASIC --12V power supply (5.5mm/2.5mm barrel connector) --USB to Mini USB data cable The main component is the Gridseed ASIC, which will be doing the Scrypt calculations. The Raspberry Pi will be used as the controller for the ASIC, and will be doing the communication with the mining pool. If you’re not familiar with the term, an ASIC is an Application-Specific Integrated Circuit - basically a chip with a single purpose, like mining crypto currency. Using an ASIC will allow us to mine more efficiently than we would be able to with general purpose hardware. The ASIC that I’m using is a “300+ KH/s Single Gridseed ASIC Miner”. It looks like a CPU heatsink with a fan attached. There is actually a circuit board with 5 ASIC chips sandwiched between two halves of this heatsink, and has a mini USB connector and a power connector sticking out the side. There are a few places where you can buy these. I bought mine at GAWMiners.com for $130. That was the lowest price that I could find, and I had a good experience buying from them. Use this link, and you can get $20 off of a $200 order (and give me some referral points :-)) GAWMiners. You can also find other vendors by searching for “Gridseed ASIC”. You’ll need a 12V power supply to power the ASIC, and a USB A to USB Mini B cable to connect the ASIC to the Raspberry Pi. I’m using a 60W power supply, which seems to be working fine for defcoin (Scrypt) mining. These ASICs can also mine Bitcoin at the same time, but you may need a beefier power supply if you want to do that. The Raspberry Pi can be purchased at any number of places- Amazon, SparkFun, AdaFruit, etc. I’m using the Model B because I had one already, and also because it has a built in ethernet port that will make connecting to the internet easy. Make sure to get an SD Card and a micro USB power adapter to get the Pi up and running too. 2) Software If you haven’t already, download the defcoin wallet from defcoin.org. If you want to do pooled mining, create an account for one of the defcoin pools, such as redbaron.us or whichever other pool you want to mine. Once you’ve created a pool account, make sure to create a worker too (for MPOS pools, that will be under My Account > My Workers). The password for your worker does not have to be the same as the password for your pool account (and it probably shouldn’t be). Next, download the latest Raspbian image from raspberrypi.org/downloads/ and install the image to your SD card. Instructions for installing the image can be found here. If you are using the dd method on a Mac, make sure to use /dev/rdiskX instead of /dev/diskX - both will work, but rdiskX is much faster. Once you have the image installed, put the SD card in the Raspberry Pi, connect the Pi to your network, and connect the Pi to your micro USB power adapter to power it on. Next, SSH in to your Raspberry Pi with the default username and password pi/raspberry. I use nMap to find the IP address that has been assigned to my Pi. You can also use an HDMI display and a USB keyboard to log in instead of using SSH. After logging in for the first time, run through the wizard that comes up to configure your Raspberry Pi. The defaults are fine for most things, just make sure that you don’t skip the step to expand the filesystem to use the rest of your SD card. If you don’t expand the filesystem, there won’t be enough space for other software. Once you have Raspbian installed, and have gotten through all of the first login setup stuff (which will likely end with a reboot), log back in to the Raspberry Pi with the pi user. From the command line, run sudo apt-get update sudo apt-get dist-upgrade There are some stability issues with USB communication between the Raspberry Pi and the Gridseed ASIC. Enabling SLUB debugging seems to resolve this, at least well enough to prevent the Raspberry Pi from freezing every so often. Open the /boot/cmdline.txt file, and add the following text to the end of the line. Don’t add a new line, just add this to the end. You can use vi, nano, or whatever your favorite text editor is to do this.
Reboot the Raspberry Pi once you’ve added that flag to your /boot/cmdline.txt file.
sudo shutdown -r now
Log back in with the pi user once the Raspberry Pi is finished rebooting. The mining software that we’re going to use is a customized version of cgminer that has support for the Gridseed GC3355 chips that are used in our ASIC. There are a number of different mining programs out there, this is just what has been working the best for me so far. First, install git and dependencies needed to compile cgminer.
cd cgminer-gc3355 autoreconf -i ./configure --enable-scrypt --enable-gridseed make
Once the make command finishes, we’re ready to run the mining software. You can also run make install if you want to install the software, but running it out of the build directory works just fine. Plug in the power supply for your ASIC, and connect the ASIC to it. Connect the USB cable to the ASIC and to your Raspberry Pi. Run the mining software by running the following command. The -o option specifies your pool URL, the -u option specifies your username and the workername that you set up for the pool, and the -p option is the password for your worker. There are a couple of options available that are specific to the gridseed ASICs, and those will be placed after --gridseed-options. The freq=850 option sets the clock frequency of the ASIC to 850 MHz. There are other clock options available, but 850 seems to be working best for me. I was getting hardware errors at 900, and a lower average hash rate. I am getting about 360 KH/s with the clock frequency set to 850.
This command needs to be run with sudo in order to access the USB hardware. You can also create another user specifically for mining, or grant the pi user the appropriate permissions if you don’t want to run cgminer as root. When you run this command, you should see output from cgminer showing that it is communicating with the mining pool, and something showing your hash rate. If you’ve gotten this far, and you’re seeing output from cgminer showing a hash rate, congratulations, you’re mining defcoins with your ASIC! There are just a couple more steps to do if you want to let your Raspberry Pi and ASIC continue mining without needing you to be logged in. To keep cgminer running after I log out, I am using nohup. You could also use screen instead of nohup. Create a script (startMiner.sh) by running the following commands.
If you run this command with sudo startMiner.sh, cgminer will run in the background, and will continue running after you log out. If you want to have this run when your Raspberry Pi boots, modify your /etc/rc.local script so that it executes this startMiner.sh script. Your /etc/rc.local file will end up looking like this:
# Print the IP address _IP=$(hostname -I) || true if [ "$_IP" ]; then printf "My IP address is %s\n" "$_IP" fi /home/pi/startMiner.sh exit 0
Posted this in /bitcoin first but was told that I might have better odds getting a good answer here instead. I have a MBP from 2011 with the following stats:
8 GB 1333 Mhz DDR3
Intel HD 3000 512MB
and it runs Mac OS X Lion (10.7.5)
I've been looking around for a miner to run on this computer while it idles, and I have noticed that there is no many alternatives out there for a Mac. In addition, I seem to be running into problems using the ones that do exist, most likely because most of them are GPU miners and the integrated graphics card on this machine is fairly shit. I am aware that mining on this machine will never really give me much, but I enjoy the idea of having the computer at least try to do something useful. :) Both DiabloMiner and Bitminter do not work for me. The miner that at least seems to run is cgminer, however when checking the output it will show me an average hashrate of 0.0 Kh/s, and a certain number of "Work items generated locally". Anyone have any suggestions to what I could do to be able to mine on this machine?
Setting up solo mining just targeting USB erupters? PC/Mac?
I am having trouble trying to get solo mining started on either my PC or Mac. I have a PC set up that is using three 7950s that are mining Litecoins. I'd like to have my 2 USB erupters solo mining Bitcoins for fun on the same system. I have the drivers installed for the USB miners and my system recognizes them. I am starting Bitcoin-QT as -server My bitcoin.conf looks like this: listen=1 server=1 rpcuser=user rpcpassword=pass I set up a BFG .bat like this: bfgminer.exe -o 127.0.0.1:8332 -O -u user -p pass When I launch that, BFG just crashes. I have also tried it with CGminer and that crashes also. I'd like to keep CGminer on the cards Litecoin mining and use BFG for the USB miners. How do I get BFG to work just with the USBs? Also, do I need to input a Bitcoin address somewhere so if I did solve something I get the payout? Sometimes, I do more work on my Mac and am also trying to set up the USBs to mine on a Mac using Diablo miner. Will that work the same way as the PC setup once we get it figured out? Thanks for any help.
The Absolute Crypto-Coine Beginenrs Guide to MyriadCoin-Mining
Hello, I'm a new member of the Myriadcoin-Community and I made a mining guide for crypto-currency newbies over on my blog. I thought it would fit here as well, hoping that some newbie would discover it upon his quest for mining crypto-coins. (I hope it is ok, that I just copied it over)
The Absolute Crypto-Coin Beginners Guide to MyriadCoin-Mining
I researched the technology behind Bitcoin, especially the blockchain, for the past week because it could have been helpful with my current research on electronic voting that I am doing for my project thesis. During that I was amazed by the simple and yet powerful ideas behind crypto-currency. I was tempted to invest some of my spare money (which is not much as an undergraduate) into crypto-currencies, but was appalled by the weak points of Bitcoin, that become apparent if one researches it. (Malleability, 51% Attacks, Selfish Mining, etc. If there is interest I can maybe try to scramble together an article going in detail about attacks on crypto-currencies) Then I discovered Myriadcoin, which solved most of the problems I had with Bitcoin. Although I myself am quite new to the Myriadcoin-Community I present to you, the absolute crypto-coin beginners guide to Myriadcoin-Mining. The following guide is written for Windows, the process may be similar on Linux/Mac OS but is not 100% the same
Setting up your Wallet
Your Myriadcoin-wallet is very much like your everyday wallet. It holds your currency, and if you lose it your money is gone.
Go to the Myriadcoin homepage
Download The wallet for your OS. (Currently there are Windows and Mac OS Wallets)
Unzip the downloaded
Start the myriadcoin-qt.exe
After the installation is done you should see your wallet stating that your current funds are 0 MYR. At the beginning the wallet has to download all the information from the blockchain, which can take a while. You can see the progress at the bottom of the wallet. Upon pressing the receive-button at the top you will see your automatically generated address. This address can be used to receive Payment. You can generate as many adresses as you want. Under Settings you can Encrypt your wallet, which you probably should do if you plan to use it seriously. Keep in mind, that if you lose your password you have no means to get to your money. Under File you can create a backup and save it somewhere.
Getting to Mine
Mining is the process which verifies currency transactions between accounts. It is simultaneously the process which generates new coins up to a limit. (20 billion is the limit for MYR). To mine a block means to solve a cryptographic puzzle in form of a hash. Myriadcoin uses 5 of those hash-algorithms. If you are a complete newbie to mining and crypto-currencies chances are you do not have specialized Hardware. Because of that it probably is best if you mine using the skein, groestl or qubit algorithms. Do not be scared of the names, I will guide you trough. If you made your mind up which of those you want to use (just pick one, if you do not want to research them) you can go to this post. The following step by step guide is using the skein algorithm with the Modified cgminer and the cryptorus mining pool. The steps can differ slightly if you use a different algorithm or pool, but should be similar.
Go to the above linked post and scroll down to the Standalone Miner Section
Go to the homepage and register if necessary (Lets say my name is Testhans)
Once you registered you should look for the My Workers Option
There create a new worker. (Lets say I make a worker with the name Myry and the password 1234)
Now unzip the Miner you downloaded
Go to the folder of the miner and create a new textfile that you name run.bat
Go to your pool-website and look for the stratum address. (Can be usually found on the startpage, in this my case stratum+tcp://myrsk.cryptorus.com:3333)
The run.bat should look as follows: name_of_miner.exe -o stratum-address -u YouName.Workername -p Workerpassword (For some algorithms you have to set the algorithm as an option too) This is how my config looks with the examples above: cgminer.exe --skein -o stratum+tcp://myrsk.cryptorus.com:3333 -u Testhans.Myry -p 1234 Save the run.bat and you should be able to start the miner through double clicking. A console-window should open displaying the progress. Every time you find a share a message saying something along the lines of "Accepted 214sabc5fe 4/2" should be displayed. You can enter your Myriadcoin-address inside the Account-Options of your pool, so you can receive your share of the coins you mined. Typically you have to arrange the transaction yourself. Usually the miner can take a lot of options to optimize the amount it can mine, but as a newbie you are likely to break more than you get out of it. The standard-configuration of miner-tools is in most cases pretty good allready.
You can find further resources on the bitcointalk-forums and the awesome subreddit. Also there is another mining-guide, which goes into more detail on all of the algorithms and can be quite helpfull if you are just new to Myriadcoin and not to the crypto-currencies as such. If you have any suggestions or questions feel free to leave a comment, and if you found my guide useful and want to share some of your hard-mined coins, you can do that also. My Myriadcoin address is MKF8EPYksAV4Bn7M8HLEMyvEPtq3EWeGVW
Sup fellow reddit members! Today I'm here to give you guys a long introduction about bitcoins. Intro to bitcoins: Bitcoins are the first decentralized digital currency. Bitcoins are basically digital coins that you can send through the internet. Some advantages of bitcoins:
It can be transfered through other people without a bank having involved in the transaction.
The transaction fees are much lower.
You can use them in any and every country.
Your account (explained later) can never be frozen.
How it works: There are several online bitcoin currency exchange where you can exchange bitcoins for money and vice versa. Bitcoins are kept in a digital wallet on your computemobile device. coinbase.com is one of the most trustworthy online bitcoin wallet, IMO. Sending bitcoins is as simple as sending an email, and you can purchase ANYTHING with bitcoins as long as they accept the currency. The bitcoin software is completely open-sourced, so anyone can review the code. Bitcoins are easy + free to setup, and there are no chargebacks! How to obtain bitcoins: There are two ways to obtain bitcoins:
Mining them using applications. Miners solve math problems/bitcoin algorithms (which takes computing power) and are rewarded bitcoins for doing that. This is the one that I'm going to focus on, as it is pretty hard to grasp.
Mining bitcoins: Using special software application, you are able to mine bitcoins. Mining means to solve math problems/bitcoin algorithms using your computing power. Blocks are a chunk of 25 bitcoins, and if you solve one math problem you automatically get a block. The speed of mining bitcoins is measured in Hashes/Second (KH/s, MH/s, GH/s, TH/s etc.) The difficulty of the problems gradually increases as more bitcoins are found. Now, it is almost impossible to find bitcoin blocks by yourself, as more than 10 million bitcoins have been mined. Using special hardware (ASIC, Application-Specific Integrated Circuit chips) that specifically is aimed to mine bitcoins increases your mining speed by a lot. You can buy these hardware anywhere online/offline. amazon.com has many ASIC hardware on sale. But even ASIC mining can still take a long time to find a block by yourself. That's how the pooled mining began. Pooled mining basically combines the work of many miners toward a common goal. Pool of miners find the solution of the math problems faster than individuals, and they share the block equally based on each miner's hash rate. There are many pools right now that are pretty trustworthy, but that one that I use is triple mining: http://evilbeans124.triplemining.com Mining bitcoins on a Mac: This part is only dedicated on mining bitcoins for Mac users. If you're a PC user or a Linux/Ubuntu user, skip this.
Go to asteroidapp.com and download the latest version of Asteroid
Under the workers tab, add a new worker (on the right side)
Go back to GUI miner, enter in your worker username/password
If you have any hardware, then select them in the device tab. If not, skip this step
Mining bitcoins on a Ubuntu/Linux: This part is only dedicated on mining bitcoins for Linux/Ubuntu users. If you're a Mac or PC user, view above. Unfortunately, I have no experience in how to install any miner on Linux. The following website does however, so just follow it http://www.distrogeeks.com/install-cgminer-3-7-2-ubuntu/ The end I think I covered most of the points on bitcoins. However, if there is any mistakes/stuff that I should add, please put a comment below or PM me! It will be greatly valued! I spent sometime doing this, so some donation will be very appreciated. My bitcoin address is on my signature. Credits to bitcoin.com, bitcoinmining.com, triplemining.com/help, http://www.distrogeeks.com/install-cgminer-3-7-2-ubuntu/ Helpful? Considering mining in my pool: http://evilbeans124.triplemining.com (PM me if you STILL don't know how to mine bitcoins) Tip me at: http://evilbeans124.tip.me
Mjollnircoin is released! A new open-source peer-to-peer crypto currency. Ultra-secure, Fast Transactions & ASIC resistant Crypto currency
Today we have released Mjollnircoin , a decentralized digital currency that enables instant payments to anyone in the world; it is a lite version of Bitcoin using a redundant cryptographic function as a proof-of-work algorithm. Mjollnircoin is a people's currency, intended to be efficiently mined with consumer-grade hardware. It is ultra secure, ASIC resistant, Multipool resistant and rare with a total number of 42 million mjollnircoins. Mjollnircoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of mjollnircoins is carried out collectively by the network. There is no concept of ownership (nobody controls or owns the Mjollnircoin network) and there are no restrictions on who can take part. Specification
New CryptoCoin launch preperation guide; I've created this short guide for new users who want to jump in on the mining of a newly launched coins. Being prepared and getting on the network immediately will lead to you finding the earliest blocks (some coins have block rewards that are higher in the beginning) Step One - Prepare the Data/Wallet directory The first step in this guide will be to setup the directory that will hold your wallet data, config file and blockchain store. We want to set this up first so we can immediately start solo mining without screwing around with settings that are common across all CryptoCoin wallets. Windows 7/8; C:\Users\YOURUSERNAME\Appdata\Roaming\COIN_NAME Windows XP; C:\Documents and Settings\YOURUSERNAME\Appdata\Roaming\COIN_NAME Linux; ~/.coinname/ MacOS X - ~/Library/Application Support/ Create a directory in one of the above directories that will match the name of the coin (ie: Bitcoin). In this directory we are going to make the default .conf file; Default options listed in the COINNAME.conf will be as follows; server=1 listen=1 daemon=1 rpcuser=YOUR_DESIRED_USER_NAME rpcpassword=YOUR_DESIRED_PASSWORD rpcport=NUMERIC_PORT_TO_LISTEN_ON rpcconnect=127.0.0.1 Change the rpcport parameter to a generic port # if you plan on only having one batch file to start solo mining. WARNING, this method will interfere with mining if multiple wallets are running using the same port number. If the launch forum post lists default rpcport #s, use them instead of one generic port. (cryptocointalk/bitcointalk). Pay attention to the original launch information forum post, adding nodes with addnode=ipaddress, can help speed up node discovery and wallet sync. You can add these options fairly quickly with a cut and paste. If you have multiple rigs and plan to throw their hashes at the wallet if it's not on the same machine, use the .conf option rpcallowip=your.network.address.* (eg: rpcallowip=192.168.0.*). Step Two - Create your .bat file If you've been mining for awhile, this should be a simple step, otherwise, it is beyond this tutorial on how to fine tune your mining software. The .bat file should only be a few lines long; setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 cgminer --scrypt -o http://127.0.0.1:WALLET_RPCPORT_PARAM -u YOUR_USERNAME -p YOUR_PASSWORD the_rest_of_your_miner_config_here This is the default for scrypt mining. Always pay attention to the announcement post for specific mining options (CPU only, keccek, scrypt-n, etc). Change the IP address in -o option to your wallet machines ip address, should be you mining from a different machine. (making sure to set the above rpcallowip= correctly) note: adding gen=1 to your config file will automatically start the wallets internal block generation routine, by passing the need to start your mining software. Just remember to edit this option later if you run the wallet continually and do no plan to directly mine. Step Three - Mine! Download and install/extract wallet, run the wallet. If everything is set correctly, you should be ahead of the game and finding blocks very quickly. If you've found this post informative, I'm never opposed to receiving gifts of Litecoin :D LXFE81zFSTkzsV1TrRCtdy781F1aiEfYHe also: If you have any additions to this guide, please PM or comment, so that I may correct any errors I may have included. edit: formatting.
Bitcoin mining is the method of producing or somewhat finding bitcoin currency. Unlike fiat currency that is issued when more is required, bitcoin cannot solely be wished into an actuality but has to be mined through analytical methods. Bitcoin maintains a public ledger that includes prior transactions, and mining is the method of attaching new transactions to this ledger. Our next choice for the best bitcoin miner app for Windows 10 is CGMiner, which is probably one of the best-known, as well as the most commonly used software among the members of the Bitcoin mining community.. One big reason for this is the fact that CGMiner is created on the original code of CPU Miner. Thanks to this, CGMiner is one of the most feature-rich options that you will ever find. and DogeCoin, VertCoin, QuarkCoin, MaxCoin, more. Simple like iOS, yet powerful like a Mac, this app gives you all the options. With the most powerful bitcoin and litecoin mining backends available on the Mac, Mac miners now have a user friendly application which even allows you to run the backends in the Terminal if you just want an easy installation of bfgminer, cgminer or cpuminer (minerd). Krypto-Mining-Software für Solo- oder Pool-Mining - DiabloMiner: Mac : Java/OpenCL GPU miner (MAC OS X GUI) - EasyMiner: Linux, Windows, Android : EasyMiner ist eine GUI-basierte Software und dient als praktischer Wrapper für CGMiner und BFGMiner Software. Diese Software unterstützt das getwork mining Protokoll sowie Stratum Mining Protokoll ... CGMiner gibt es schon eine Weile und ist immer noch stark. Mit einer Fülle von Funktionen und aktiver Unterstützung der Gemeinschaft ist es mit Abstand die beste Bitcoin Mining Software, die es gibt. In C geschrieben, ist CGMiner ein plattformübergreifender Bitcoin Miner, der Windows, Mac OS X, Linux und viele andere Plattformen unterstützt ...
How To Mine 1 Bitcoin in 10 Minutes - Blockchain BTC Miner ...
Learn how to use and setup a bitcoin miner to earn bitcoins , litecoins , dogeecoins etc. Download miner from https://easyminer.net/Downloads/ What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... Slushs pool mining tutorial - cgminer worker setup - Duration: 5:45. DudeTV 42,163 views. 5:45 . How to Setup CGMiner for Ubuntu (Gridseed Support) - Duration: 18:56. Just Tech Things 33,424 views ... In this video I show you how to start mining Bitcoins with CGMiner and an account at your favorite miningpool. Get CGMiner at: https://bitcointalk.org/index.... Mining hardware comparison: https://litecoin.info/Mining_hardware_comparison Litecoin wallet: https://litecoin.org/ CGminer: http://ck.kolivas.org/apps/cgmin...