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Bitcoin Essentials

You're reading from Bitcoin Essentials Gain insights into Bitcoin, a cryptocurrency and a powerful technology, to optimize your Bitcoin mining techniques

Product type Paperback

Published in Feb 2016

Publisher

ISBN-13 9781785281976

Length 130 pages

Edition 1st Edition

Tools

Bitcoin

Concepts

Cryptocurrency

Author (1):

Albert Szmigielski

View More author details

Table of Contents (10) Chapters

Preface

1. Bitcoin Wallets and Mining Software FREE CHAPTER

2. CPU Mining

3. GPU Mining

4. FPGA Mining

5. ASIC Mining

6. Solo Versus Pool Mining

7. Large Scale Mining

8. The Future of Bitcoin Mining

Index

Setting up mining software

In order to mine with an ASIC miner, we need to connect and configure it with a controlling computer. Most ASICs connect to a computer via a USB; therefore, with the use of USB hubs we can usually connect a large number of ASICs to a single computer. We will, of course, need the appropriate software and drivers to use our ASICs to mine.

Drivers

We will present our tests here using a Butterfly Labs (BFL) ASIC; however, most popular ASICs connect and configure the same way.

Mining software

There are many mining programs out there. Our favorite is cgminer. The GitHub repository can be found at: https://github.com/ckolivas/cgminer. The downloadable versions (for both Linux and Windows) can be found at the author's website: http://ck.kolivas.org/apps/cgminer.

We recommend using the latest version of cgminer to mine with ASICs; currently, (August 2015) the latest version is version 4.9.2.

Note

Note that the version of cgminer that we used for GPU mining was an earlier...

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Authors (1)

Szmigielski

Szmigielski

Albert Szmigielski is a thinker, a computing scientist, a software engineer, and a blockchain professional. He holds a BSc in Computer Science and an MSc in Digital Currency. He has been involved in a number of start-ups and software projects. He believes in a decentralized, distributed nature of storing information, and hence has an interest in Bitcoin and blockchain technology. Albert is a researcher at CryptoIQ and a mentor at the Blockchain Institute. He frequently contributes to his blog at blog.cryptoIQ.ca.

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