Every person in this world wants to earn profit these days and the means of earning could be anything from starting a business to investing in stocks. Investment is another avenue where people take chances by putting their money on commodities, and when the price of the commodity rises, they earn profits.
Cryptocurrency is one such avenue that is fast rising in popularity by climbing the currency charts and conquering the exchange rate. While there are many cryptocurrencies these days, Bitcoin is hands down the most popular of all. Bitcoin mining is another aspect that helps us earn some good profits if done properly.
It is about authenticating the blocks on the cryptocurrency blockchain that becomes a reality by working out complex algorithms and problems. Let’s see more about the Bitcoin mining software.
What is Bitcoin Mining Software?
Bitcoin mining software is useful:
- for solo miners – the software can link your Bitcoin miner to the blockchain.
- for those mining with a pool – the software links you to the mining pool.
- for cloud miners – no mining software is required.
Importance of Using a Bitcoin Mining Software
The primary aim of the software is to convey the work of the mining hardware to the remaining Bitcoin network and to collect the completed work from other miners on the network. The software keeps a check on this activity (input and output) of the miner and projects the statistics at the same time that includes the fan speed, speed of the miner, temperature, and the hash rate.
Before you select the Bitcoin mining software of your choice, remember a few things for successful Bitcoin mining experience:
- Select the right software
- Find the best software matching your requirements.
- Fix up a way to receive the profits generated from mining.
- Make sure if you want to just mine Bitcoins or other alternatives too?
- Double check the hardware pieces that you possess.
- Analyse your skills of using command prompts that help run programs, or the graphical user interface.
- Begin solving algorithms.
Keeping these things in mind, we have created a list of the best Bitcoin mining software that can help you choose the one that suits you the most.
This software is perfect for the beginners and for Windows 10 platform. The software is based on graphical user interface (GUI) that comes with an easy to access front-end. You can also use it with Linux and MacOS, but that will require additional software. The software is specially designed for Bitcoin mining on Windows 10.
Since the software is based on GUI, it also comes with some advanced features. What’s interesting is its ease of use. Once you have installed the software successfully, MultiMiner guides on how to connect to a pool in the right manner.
This also helps you by guiding you on the right time to enter each piece of information related to the mining pool you would be using. Bonus – all the possible complex terms are explained in an easy to understand manner.
Once you are done with the setup, MultiMiner runs a scan for the hardware. The scan pulls up details of each possible device like the estimated profits you can generate, and more. The software can also help you connect to several pools at once. It can also make the device automatically mine the most profitable coin at any time or look for those that offer the lowest complexity.
The software is available for free, but you can choose to share your 1% of mining profits directly with the developer. This is a donation which is as per your will and so, you can disable the option after sharing the profits for a week or for a month.
Get it here: http://www.multiminerapp.com/
This software focuses on stability and performance with its lean purpose build mining tool. The goal here is to configure the device and forget. All you need is to know how to install it, configure it and then let it do it’s work endlessly for a day without any human dealings.
Some of the features of MinePeon are:
- Lean – chances are that anything that’s not directly associated with mining will not be included.
- Secure – it’s designed as an Embedded OS with focus on stability. The packages offered are completely tested and available in latest stable versions.
- Fast – The software won’t detect a CPU cycle taken away from mining. It’s still not fully known as to how many GHS/s you can connect to a Raspberry PI without the software losing shares.
- Latest – the software is up-to-date with the latest packages and practices.
- Easy to Hack – If you have a better grasp on Linux, you can do just about anything with it.
- Easy to Mine – It’s user-friendly and perfect for beginners. A newbie can easily set it up and start mining in matter of minutes.
It’s an open source software that is, it’s free to download and all the sources codes are easily available online. It would, however, need WinDisk32Imager to run efficiently.
Get it here: https://minepeon.com/
This software is compatible with Windows 10 and Windows 8.1. It comes with a user-friendly interface with features like power saving mode, quick share submission, and mining pool support.
One of its best feature is its reports feature since this helps you to understand if mining is profitable for you or not. Bitcoin Miner is available in the latest version – 22.214.171.124.
Get it here: http://www.bitcoinminer.com/
If you are an advanced computer user, then CGMiner is just the right tool for you. It is Linux based, coded entirely in programming language C, based on the previous popular mining software, CPUMiner and one of the most commonly used Bitcoin mining software. Which means that it works with nearly all operating systems.
It uses an easy to use command line interface and provides assistance to different mining pools and devices. The keyboard commands help change the settings easily for example, the fan speed and so on. But since, it does not use a GUI, it’s best suited for advanced users.
It also allows you to use GPUs and CPUs with it. That being said, it can be a little complex to install on Windows 10 OS due to the anti-virus blockers and Windwos Defender.
Get it here: https://github.com/ckolivas/cgminer
It’s almost similar to the CGMiner. However, the different lies in the fact that BFGMiner is developed to be used with ASICs (application specific integrated circuits) instead of supporting CPUs and GPUs. This makes it a perfect situation for mining all cryptocurrencies (including Bitcoin) that are not ASIC proof. It’s equally ideal for currencies using SHA256 mining data.
It’s compatible with operating systems such as, Windows, Mac and Linux. You can also customize the mining hardware that includes operating a remote interface, controlling fan speeds, and overclocking. It helps you to connect to several mining pools at a time and even ceases to connect to pools that are not reachable for any known reason. This not just helps save your electric bills but, will also save money when the tool cannot connect with a pool to generate revenue.
BFGMiner is not entirely text based like the CGMiner but, is definitely easy to use. The interface is intuitive and the hotkeys offer a fast and smooth experience while accessing certain functions. But, if you do not have much experience with command prompts, it’s not for you.
Get it here: https://sourceforge.net/projects/bfgminer/
BitMiner is known to be using a certain mining pool that easily possess the same name. It’s an easy to setup software that claims to make Bitcoin mining uncomplicated with higher earnings.
Best of all, it’s supported on all platforms such as, Windows, Mac OS, and Linux. Given that it uses its own pool for Bitcoin mining, you All you need to do is to sign up for the pool and install the software, and there you go!
The software is complete free of cost however, you have to pay a 1% commission to the BitMiner pool for mining with them. That said, this is the lowest fee for the mining pool among all the software.
Get it here: https://bitminer.io/
It’s a remote pool miner client for Bitcoin, which is also known as puddinpop’s miner named after the forum name of the author. It has four chief client binaries administered:
- CPU miner
- 4way CPU miner
- OpenCL miner for ATI GPUs
- CUDA miner for Nvidia GPUs
It’s termed as an experimental and decentralized digital currency that allows prompt payments to anyone, anywhere in the world. You can mine Bitcoins or different other cryptocurrencies by generating and configuring automated methods and situations in the dedicated tool.
It’s compatible with Mac OS 10.6 or higher platform. The 1.5 version of the software for Mac is can be downloaded for free from the official website. The software assimilates with the system settings to operate in the backdrop and improve the usage of resources.
It’s known to use peer-to-peer technology to run without any central control that includes transaction management and money dispensation collectively through the network.
Get it here: https://en.bitcoin.it/wiki/RPC_Miner
Cloud Mining Software for Bitcoin
There are some mining software that are completely supported by cloud and not Windows, Mac or Linux. These can be easily accessed from anywhere in the world. Being on cloud, these software can work across platforms that makes them diverse. However, these software are also less safe than the usual software and that’s only because they are based on cloud servers and are hence, more prone to security threats.
It offers SHA-256 mining contracts and usually turn out to be far more profitable since the coins (SHA-256) can be conveniently mined even while the payouts are done in Bitcoins automatically. However, the user must buy at least 10GH/s.
Get it here: https://hashflare.io/
It’s touted to be the largest player for Bitcoins among the cloud mining software. It offers diverse services for example, provides three payment plans and all these three plans are fairly priced. That’s not all, as it also offers Zcash mining contracts for the users.
Get it here: https://www.genesis-mining.com/
This software started with the mining process in 2012 for Bitcoin and other cryptocurrencies. Today, they have many services related to cryptocurrencies and cloud mining software is among them. Hashing24 operates from two locations that is, from Iceland and Georgia, and they are known to use latest ASIC chips produced by BitFury. This lets them bring forward the highest level of performance and efficiency possible.
Get it here: https://hashing24.com/
So, start with your Bitcoin mining today and earn generous profits for your investments that you have always dreamt of.
This is another reliable software with great performance. EasyMiner also comes with an easy to use and easy navigate GUI that works great for the beginners as well. It allows you to change network settings, change the mining pool you are using, and even view your crypto wallets with just one click.
The software enters the “MoneyMaker” mode automatically the first time it’s started and almost immediately creates a Litecoin wallet and starts mining with the help of your computer’s CPU on a private pool. In addition to the fact that it goes well with CPUs and GPUs, EasyMiner is also capable of mining cryptos with the help of advanced hardware.
It controls the function of both CGMiner and CPUMiner concurrently which indicates that your CPU or GPU will emphasize on Litecoin and the ASIC will concentrate on Litecoin.
Get it here: https://sourceforge.net/projects/easyminer/
It’s a free and open source Bitcoin Miner. It’s intended for the ZTEX USB-FPGA modules 1.5. Some of the features of BTCMiner are as below:
- It comes with the advanced feature of dynamic frequency scaling where the software automatically picks up the frequency that has the highest number of valid hashes.
- It also features Bitstream that is ready-to-use which means that it does not require Xilinx software or any license to mine.
That’s not all, as it’s also accompanied with FPGA boards consisting of a USB interface that assists in programming and communication.
Get it here: https://www.ztex.de/downloads/