If you are reading this article, chances are you already know about Bitcoin mining as it’s the easiest way to get bitcoins. But did you know that the mining itself can be divided into two further: solo mining and mining through a pool?
In terms of profit, there isn’t much difference between the two. Solo mining offers large but irregular payouts while pool mining offers small and frequent rewards. In the end, both the methods add up to the same amount.
Whatever you choose, it’s totally up to you. But remember that there are certain steps that you need to follow in order to succeed. The steps include:
- Having the right hardware
- A software that matches your needs
- Setting up a method to receive your profits and rewards
- Solving the algorithms which seem to be getting tougher by each block you mine.
In this post, we have discussed some of the leading software programs to help learn how to mine bitcoins efficiently.
Our list starts with CGMiner. CGMiner is open source, written in C and currently the most popular GPU/FPGA/ASIC miner. The software is compatible with Windows, OSX, and Linux.
CGMiner has the ability to monitor, overclock, remote interface and fan speed control. Moreover, using a mini database, CPU mining support, Multi GPU support and binary loading of kernels, it can also detect the new blocks which ultimately quickens the mining process.
BFGminer is designed especially for FPGA/ASICs and is a derivative of CGminer. Some interesting features of BFGminer are:
- Fan control and integrated overclocking.
- Vector support.
- Crypt mining support for both GPU and CPU.
- ADL device reordering
- Decentralized mining protocol and much more.
If you are wondering how to mine bitcoins quick, BitMinter is the way to go. The miner focuses on quick mining, high rewards and is considered to be the most efficient when it comes to getting in touch with potential clients and users.
BitMinter belongs directly to a mining pool. In order to join and become part of a pool, you must register by filling in a sign-up form.
BTCMiner is an open source software and is compatible with Linux and windows. The bitcoin mining software doesn’t require any Xilinx/license and possesses the ability to automatically choose a frequency with highest hashes. The key features of BTCMiner include:
- USB-FPGA modules 1.15b and 1.15d
- USB-FPGA modules 1.15x
- USBA-FPGA modules 1.15y
- No JTAG programmer required
- Requires just one mining rig from one software instance
Another miner with the ability to mine some quick blocks. Poclbm can perform hashing computations in a quick manner and is compatible with a wide range of hardware. The miner works best when used with a modern GPU.
According to some users, Poclbm is great for multiple machine mining but not so great for masses.
These are some of the best Bitcoin mining programs that can help you mine some quick blocks. Each comes with incredible features, which ultimately makes it super hard to pick the right one. However, all you need to know here is to only choose the one that best meets your requirements. Do that and you are good to go.