When you’re mining Bitcoin Gold you can choose to mine on your own (solo mining) or with others (pool mining). The difference is when you’re solo mining all the hash power is coming from your computer (s), making it less likely you’ll find a block, but when you do you get to keep the entire reward. To mine Bitcoin Gold you will need the right software to do it. This software will connect your computer to the network or pool, and begin hashing. Here is a list of Bitcoin Gold compatible miners: EWBF Miner, compatible with NVidia graphics cards on Windows and Linux. Mar 12, · Bitcoin Gold is a mineable cryptocurrency that utilizes the Proof of Work algorithm Equihash. This is the same algorithm used by Z-Cash. The benefit of this is that Equihash is ASIC resistant, therefore mineable with a regular PC. This gives everyone the opportunity to join in .
Mine bitcoin gold on pc12 Best Bitcoin Mining Software for Windows PC
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. This software focuses on stability and performance with its lean purpose build mining tool. The goal here is to configure the device and forget. It would, however, need WinDisk32Imager to run efficiently. This software is compatible with Windows 10 and Windows 8. 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 — 1. 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.
That being said, it can be a little complex to install on Windows 10 OS due to the anti-virus blockers and Windwos Defender. This makes it a perfect situation for mining all cryptocurrencies including Bitcoin that are not ASIC proof. 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. The interface is intuitive and the hotkeys offer a fast and smooth experience while accessing certain functions.
BitMiner is known to be using a certain mining pool that easily possess the same name. 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!
That said, this is the lowest fee for the mining pool among all the software. It has four chief client binaries administered:. You can view our detailed guide in the hardware optimization page. From now on all your income is sent directly to the wallet entered in the BTG miner configuration. Mining in a small pool or creating your own pool is possible but not recommended. Solo mining can give you bigger reward if you are lucky and find blocks often.
Luck is significant factor when speaking of solo mining or small pools especially in the short run. If you want to learn more visit our pages for solo mining and creating your own Bitcoin Gold mining pool. All you need to do is purchase a mining contract with a service provider and have a compatible wallet where you will collect your earned coins. For more detailed information please visit our dedicated cloud mining page where you will get all the needed knowledge and guides as well as a comparison between different cloud mining providers.
Just go to our Bitcoin Gold mining calculator. To use this clever tool, you need to enter the hash rate and power consumption of your equipment. The Bitcoin Gold network difficulty, block reward and coin price will be added automatically to the calculation. The result will show the estimated profitability based on your equipment by day, week, months or years.
Disclaimer: Remember that network difficulty is constantly changing, and coin price can be volatile so the results from our calculator apply only for the moment of calculation.
That depends on the hash rate of your equipment or cloud mining contract. Knowing how much your hash rate is, you can use our mining calculator to calculate it. Visit our dedicated exchanges page where we have a detailed review of the most popular ones. Roland Chase. Combining the value of his educational background in Hardware Management Systems and years of practical experience with cryptomining technologies starting at the birth of the disruptive innovation, Roland is now sharing his knowledge with the public.
Bitcoin Gold. This is a script which acts similarly to a windows. And a blank window will now appear. Inside the window you will have to input:. There will now be a new file inside the folder. The final step before your computer can start mining is for you to start both the miner and the start.
To do this, open a Terminal window inside of the folder and type:. After inputting this command, finally type:. And if you have followed all of the steps correctly, your computer will begin mining Bitcoin Gold.
At the moment, there are only three wallets that are planned to support Bitcoin Gold, and these wallets are:. To mine Bitcoin Gold you will need a wallet to store all of those mined coins. Mobile wallets are the most accessible since you can view your balance no matter where you are as long as you have your phone on you. Here I will be showing you how to install the Coinomi Wallet for Android. Open the app once it has finished downloading.
The app will then ask you to either restore or create a new wallet. If you create a new wallet you will be asked to write down a seed, this seed is in case you accidentally uninstall the app or lose your phone. The seed will help you restore your wallet so you can access all of your stored coins.
If you want to import a wallet, you will be asked to import the seed. Once you have created a wallet you will be asked to select a wallet to add. Scroll down until you locate Bitcoin Gold. You can use this address to receive BTG. Inside of your. If you leave the spaces in the address you will not receive any of your mined BTG. If you only have one miner, it would be a wise decision to choose pool mining over solo mining so that your payouts will become more consistent.
Also, if you have a weak miner, solo mining may not work at all for you. Here is a list of pools which will support Bitcoin Gold:. Joining a pool is simple. These example configurations will contain the server link and the port to mine to. Below is an example configuration found on pool. Once you have added these changes to your. You can view the Bitcoin Gold shares your miner has collected through the pools website. Input the Bitcoin Gold address you are mining to, and the pool will remotely show you your current hashrate and pending balance, however you can also view your current hashrate locally just by looking at the miners CMD or Terminal window.
Solo mining is much more demanding than pool mining if you want consistent payouts because you will have to compete against every other pool and solo miner on the Bitcoin Gold network. There is also the very real possibility that you will never mine a block, especially if you are running a very weak system.
Solo mining usually requires a very large investment, and multiple systems, with multiple graphics cards in each one. The easiest way to support Bitcoin Gold is by setting up and running your own Bitcoin Gold node. At the moment this can only be done through Linux. This service will allow you to setup a Linux machine on a cloud server.
To use Digital Ocean you will have to create a droplet. After creating it you will receive access details in an email. Once you have logged in you can start using the Linux droplet, and start building your Bitcoin Gold node. First, you will have to open your sources.
To find this open a Terminal window and type:. You will then need to paste this into the file:. Once your system has started back up again, open a Terminal window and enter these commands:. If you have saved it elsewhere this step will not work. After you have finished these steps you will now be successfully running a Bitcoin Gold node.
Make sure that for each sub-step you input the command on an individual line. You are now mining Bitcoin Gold! When Bitcoin Gold mining calculators are released this process will be made simpler and more efficient. As more miners join the Bitcoin Gold network in the following months, the difficulty will go up. If you want your profits to remain frequent, you will have to upgrade your hardware.