Summary
In this chapter, we have looked at CPU mining. We looked at the easiest way to start mining—the built-in setgenerate
function in the Bitcoin Core wallet. We delved into the most popular CPU mining software—CPUMiner. We showed you how to set it up and run it so that you can start mining.
We also touched upon the advantages and disadvantages of CPU mining. Consider those when deciding to mine. We also presented a set of good practices to keep in mind while running your mining process. They are common sense to most, but sometimes the most obvious things are forgotten. If you adhere to these practices, you should not encounter any problems while mining.
We also examined the profitability of CPU mining. We showed you a simple way of calculating, on average, your expected earnings. Even though CPU mining is no longer profitable, it is nevertheless a good educational experience.
In the next chapter, we will look at mining with your graphics card, commonly referred to as a Graphics...