Bitcoin is the largest cryptocurrency in the world by its market capitalization and is one of the oldest and most well-known cryptocurrencies to date. The obvious fact for Bitcoin’s value being so high is that there are only 21 million Bitcoins, out of which 17 million has already been mined. Previously, it was easy to mine cryptocurrencies using a computer at home when there were many early adopters, who made it possible even by using one’s own laptop CPU. But gradually the difficulty increased when things started taking a plunge from CPU (Central Processing Unit) to GPU (Graphics Processing Unit). Bitcoin is going to experience its third halving process in 2020, where the miner reward will be reduced by 50% from 12.5 BTC to 6.25 BTC.
Nowadays, it's very difficult to mine Bitcoin at home as it consumes a lot of power and you need the basic BTC mining hardware - ASIC (Application-Specific Integrated Circuit) and Bitcoin mining equipment to even begin. The concept of free Bitcoin mining is gone as Bitcoin has gained its popularity, the difficulty level also increased more and more. Before mining, you should understand how much profit it will yield in the Bitcoin mining calculator. Let's talk about the best mining software for Bitcoin which grabbed most of the eyeballs in 2019.
CGMiner is the best Bitcoin mining software, which has been around for a while because of a plethora of features and community acceptance. CGMiner is the cross-platform Bitcoin mining software which supports Windows, Mac, Linux, OS X, and many other platforms, thus proving it to be the overall winner. CGMiner is a command line application, that has complete monitoring, remote interface capabilities, and fan speed control.
The best part about CGMiner is that it can scale to hash rate of any size as it comes with a scalable network scheduler, plus it is compatible with both ASIC (application-specific integrated circuit) - like Hexfury and BlackArrow to Cointerra and Minion and FPGA (Field Programmable Gate Array) software. It supports multiple pools with intelligent failover mechanisms and prevents stale work submission on new blocks.
For the newcomers, MultiMiner is one of the best Bitcoin Mining software as it is comparatively very easy to use, even for users who are new to this. MultiMiner (famous coin miner) is a desktop-based software, which is embedded with a variety of features like automatic detection of network devices, even has the ability to monitor and control other MultiMiner rigs, remotely. It is available for Windows, Mac, Linux, and other platforms as well.
MultiMiner lets you switch mining devices like ASICs, FPGAs between different cryptocurrencies (e.g. Litecoin, Bitcoin) without any effort. It uses the mining engine to detect the software and lets you choose which of the cryptocurrencies to mine.
MultiMiner is the best software for the first time users and it is compatible with many mining devices like Block Erupter or Bitforce, HashBuster Micro.
BFGMiner is a modular ASIC/FPGA miner that has monitoring, dynamic clocking and remote interface capabilities. BFGMiner’s unique built-in features are network proxy server, built-in-stratum, and its heavily threaded code helps to retrieve work so that the work is not hindered. BFGMiner comes along with a watchdog thread that can restart idle threads without crashing the machine if they fail to respond. The program supports 'getblocktemplate' decentralized mining protocol and can generate work prior to the completion of existing work, without any delay. BTC.miner is one of the best bitcoin mining sites, which has a wide range of bitcoin mining pool.
BGFMiner has multiple devices for Bitcoin like Twinfury USB stick miner, Drillbit Thumb and eight and Ztex's FPGA boards.
BitMinter has its own mining pool(oldest in existence) to work with, and that’s what makes it unique. BitMinter is the best cross-platform Bitcoin mining software, which has a pretty straightforward Graphical user interface, which is very easy to understand. Its client is based on the Java Network Launch Protocol (JNLP) and is compatible with Windows, Linux, and Mac OS X.
To get started with, you have to configure ASIC hardware. Some of the ASIC’s supported devices are Butterfly Labs (except Monarch), Block Erupter USB (and other Icarus-compatible hardware), Chili, Red/Blue Fury, and Antminer U1/U2.
If your budget is low and doesn't want to invest in expensive ASIC miners, you can go for cloud-based mining service. Miner-Saver is the best cloud-based mining server until today. When you start with Miner-saver, you are joining a pool which already has many users, hence the payouts are divided amongst the participants.
The basic package price starts at $0.14 and the hashing power ranges from 250GH/s to 600,000GH/s, and the packages have a duration of a year. If you refer others and if they join, you get bonus hash power. The service doesn't charge any additional maintenance fees, so users get the full share of profits.
EasyMiner is the best GUI- backed open-ended software, which supports miners, cudaminer, ccminer, cgminer and ASIC mining for Bitcoin and lets you mine Bitcoin, Litecoin, and other cryptocurrencies. EasyMiner comes with a dedicated “moneymaker” mode that is dedicated to mining of LTC on its own stratum pool.
There's also a "Solo" mode, that allows users to choose a pool of their own, as well as a custom hash algorithm corresponding to the coin they want to mine. EasyMiner only works on Windows platform and uses the NHIL (Network Hardware ID Layer) protocol to provide an extra layer of security.
If you are keen to manage multiple mining rigs, of different types like ASIC and FGPA and others. Awesome Miner supports more than 25 mining engines such as cgminer,xmrig, bfgminer,srbminer and sgminer and it has powerfully centralized mining. Awesome Miner's comprehensive dashboard lets you monitor the status and temperature of all ASIC and FPGA devices from one location.
It's also compatible with different popular mining algorithms, such as SHA-256, Ethereum, Zcash, Scrypt, and X11. Awesome Miner primarily works on Windows, but also offers a web front-end that can be accessed from any computer, tablet or smartphone.
CCMiner, was known as Cudaminer in the earlier days of Bitcoin, is about 6 years old, hence the software is seen as trustworthy in the industry. It has the fastest mining process for some of the cryptocurrencies. CCMiner can mine almost all types of cryptocurrency mining algorithm. It supports Windows Operating system and Linux, too. It is a one-stop-shop for NVIDIA GPU users.
Poclbm-mod is a very efficient open source python miner for the openCL (AMD) platforms which uses the network protocol for mining. It works on both Windows and Linux platforms and Poclbm-mod is a very efficient open source python miner for the openCL (AMD) platforms. It does come with a GUI and a CLI build, so you can use whichever version you are more comfortable using.
NiceHash is mainly for the new traders who want to start with crypto mining tactics. It allows anyone to use their computer to mine cryptocurrency with its GPU(s) and/or CPU. It is simple to use as the process is quite fast. NiceHash also sells cloud mining contracts for Bitcoin, Ethereum, and Zcash so you can simply purchase the amount of hash power you require.
Recently NiceHash was in the news when a website crypto51 app released a list of coins with their 51% attack cost and percentage of NiceHash mining power needed to do it.
Interested in buying cryptos? You can exchange more than 300 cryptocurrencies at best rates from CoinSwitch instantly.
2019-04-19 07:22:44.926762 | 2 min
2019-05-21 13:06:33.573594 | 2 min