So, you are preparing yourself for earning a lot of money from Bitcoin mining and stuck at what mining software to choose. No worries we are here to help you out with your problems, just make sure you have everything else ready for the procedure. By everything else, we mean, Bitcoin wallet, the hardware machines needed for mining Bitcoin, Bitcoin address etc. Moreover, we hope you know what you are doing and are aware of the entire process of mining cryptocurrencies.
Let’s get on the point where we’ll help you out finding the best bitcoin mining software that you can trust. There are a lot of options for Bitcoin mining software in the market, but not all of them can be trusted or said reliable. Given below are the top five Bitcoin mining software in 2020.
What Are Bitcoin Mining Software?
If you are planning to earn rewards by mining Bitcoin, then you must be aware of how the process works. After you get yourself all the necessary mining hardware, the next thing is to find a Bitcoin mining software which is as important in the procedure as everything else. A bitcoin mining software connects you to the blockchain or the mining pool. Although, you don’t need a miner in the procedure of cloud mining.
The chief function of this software is to deliver the work done by mining hardware to the blockchain and receive the work done by other miners of the network. It also helps you keep an eye on the miner’s input and output as well as statistics such as hash rate, temperature, and the speed of your miner.
With the help of good mining software, your chances for earning Bitcoin rewards becomes high. If you are also looking for a Bitcoin mining software that is reliable and does all the work properly, then you’ve come to the right place. Let’s start with our list of five best Bitcoin Mining Software of 2020.
CG Miner is considered as the top Bitcoin mining software among all because of its functionality and compatibility with many devices. It is open-source software that is written in C, compatible with FPGA, ASIC and GPU mining hardware. The software can work on major operating systems that include Mac, Windows and Linux.
What makes this mining software better than others is its capability to discover new blocks and other such advanced features like remote interface and scaling to a hash rate of all sizes without any delay.
Whether you are using BlackArrow, Hexfury, Minion or Cointerra, CGMiner supports a wide range of ASIC mining hardware.
BFG miner is focussed on features like dynamic monitoring, clicking and ability to run the remote interface. Unlike other mining software, BFG only supports FPGA and ASIC hardware. It is a cross-platform that can be used on Raspberry Pi also. Moreover, you can use this miner pretty easily as its interface is intuitive and you can access all its features through hotkeys.
The thing that makes BFG Miner one of the best is its ability to detect idle threads and stop them. BFG Miner supports a variety of ASICs that includes Block Erupter USB, Antminer U1/U2, Red Fury, Blue Fury and many more.
BitMinter was launched in 2011 and is one of the oldest Bitcoin mining software. The software has a customer base of hundreds of thousands which is still increasing day by day as Bitcoin is coming to the mainstream. Bitminter is developed by a Norwegian based company, Aesir Financial AS which has received positive reviews till now.
The motive behind the creation of the BitMinter mining pool was to create a Bitcoin mining software that is easy to use. If you want to earn Bitcoins through mining but don’t have much experience in the field that this software is for you.
Easy Miner is another cryptocurrency miner that not only lets you mine bitcoin but also Litecoin cryptocurrency. The software has a neat interface enabling you to configure the mining pool and adjust network settings. Using Easyminer you can enable ASIC hardware and start mining cryptocurrencies.
This software is also used to track the progress of other mining software used for mining Bitcoin and Litecoin like CGminer and CPUMiner.
If you are going to use Easy Miner, the only thing you need to remember is that it does not go well with Antiviruses. So, instead of using the software on Windows OS, it is recommended to run it on the Linux operating system.
When we are talking about the best Bitcoin mining software, MultiMiner is a must to mention. So, the thing we need to highlight above all about this software is that it is really easy to use and setup. As soon as you’ll install the software on your device, it will guide you with the entire process about how to get the best of Multi miner and how it works. MultiMiner makes it easy to mine Bitcoins by providing you with software that is simple and intuitive.
Besides helping you with mining, it also secures your network and manages your transactions.
Ready to mine Bitcoins using the above mentioned Bitcoin Mining software? Each mining pool has its own pros and cons, so before you choose any one of them we suggest you do complete research on the software individually. Which mining software would be best for you depends on various facts like which hardware you are using and what is the operating system of your device etc. So, don’t forget to check out the compatibility of your mining software before choosing it.
Some other Bitcoin mining software that are considered reliable are BTCMiner, DiabloMiner, Awesome Miner, BFG Miner etc.
As we said above, you must research about each software individually before using them. In case you are looking out for Bitcoin alternatives, you can read our guide about best altcoins to invest in 2020. Remember, cryptocurrency is subjected to risks and if you don’t want to look stupid, don’t invest more than you can afford to lose in any coin.