Cryptocurrency has become one of the latest trending technologies. Bitcoin, which was the first cryptocurrency, is increasingly finding several uses in most trading grounds. You can purchase or mine bitcoin using specific software.
All the cryptocurrency software we will review below adheres to specific qualification criteria including, the allocation of resources to the mining, utilization of CPU or GPU, and a connection to a pool or blockchain. Most of the mining occurs through a pool that allows for the sharing of resources over the network, as well as the distribution of rewards.
Let’s look at some of the best cryptocurrency mining software in the market.
BFGminer allows for customization, and is for FPGA and ASIC, but not GPU mining. You will get remote interface, clocking, and monitoring. The cross-platform software is very versatile, and you can install Raspberry Pi. It is text-based but straight forward with the option to use hotkeys.
You can detect idle threads with the watchdog feature, thus allowing you to take corrective action promptly.
CGMiner is not new, but it continues to remain relevant as cryptocurrency mining software. You will find many features and a very active community support system.
You can use it in Windows, Linux, and Mac OS X, among others. It is also compatible with ASIC and FPGA hardware.
The software is for applications in command lines and comes with full monitoring, remote interface, and speed control. You also get a network Scheduler that is scalable without any network delays. You do not have to worry about submitting stale work on new blocks. You can cash the submissions when there is network outage.
CGMiner will also support several pools while putting in place multiple pools with failover mechanisms.
The one unique feature about Bitminter is that it works from its own mining pool. The software is cross-platform and is compatible with Linux Mac OS X and Windows. You also have the advantage of not needing to install Java network launch protocol, which is its client. The interface is graphical and easy to understand.
Setup is a simple as signing onto the website, and following the straight forward prompts including ASIC hardware configuration. The software will record work in shifts and supports other ASICs like butterfly labs, Blue Fury, Red Fury, Antminer U1 and U2, and Chilli.
You will have to register on to the pool before you use the software. But the installation is straightforward, you get excellent mining speed, and you do not have to worry about stale work due to the long polling. Users get up to 99% of the mining income.
With Easyminer, you do not have to worry about working with interfaces that have a command line. It will graphically present your readings. If you do not want to work on your own, you also have the option of connecting to an external minor.
You can create a paper LTC wallet using the money maker mode. The solo mode will allow you to choose a pool of your own if you prefer not to use the LTC wallet.
Easyminer will let you mine different cryptocurrencies including litecoin and Bitcoin. It also gives support for ASIC, ccminer, cgminer, cudaminer and minerd. You get to enjoy an extra layer of security due to the network hardware ID layer (NHIL) protocol.
The major drawback with the software is that you can only use it on Windows. But users complain about the performance of the Windows antivirus once you install it.
Multiminer is easy-to-use and is an excellent software for anyone who is just starting in cryptocurrency. The desktop application comes with many features, and you can use it on Windows, Linux, and Mac OS X.
it is also compatible with ASIC and FPGA thereby allowing you to switch between different currencies.
The software will automatically detect available hardware using the mining engine. You also get to choose the kind of coin you want to deal in. For added functionality, it allows for compatibility with other mining devices like Buster micro, Block Erupter, among others.
Other great features include automatic detection of network devices, remote monitoring, thus allowing you to control multiple rigs.
Cryptocurrency software is essential for anyone who wants to mine. we have looked at some of the mining software to use in 2019. You need the right software so that you can configure, monitor or connect to a network. To be successful at cryptocurrency trading, you need to understand what your needs are and then get the appropriate software to help you get the job done.