cpuminer
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cpuminer Editor's Review
CPU miner is a free to download tool for windows that allows you to mine for bit coin, as well as various other crypto currencies by using your CPU. What is mining? Mining is the process of using your computer hardware (in this case your CPU) to solve complex hashing equations for the network of the crypto currency. Why would you want to waste your time and resources doing this? Coin Rewards. Each crypto currency rewards you with a certain number of coins if you solve a hash, and there is a new hash very frequently (around every 10 minutes for bit coin, and even more frequently for other currencies) this makes mining a very profitable endeavour, if you have the right hardware.
Therefore, if you have even a somewhat recent set-up, it may be worth trying CPU miner as you will make at least some amount of money in the quickly growing crypto currency market. If you are unsure about whether you will make a profit or not, you can simply run the miner for a few days, work out the value of the coins you are mining and then subtract your electricity costs from that. That should give you a good idea of whether it is worth your computer.
Of course bit coin is not the only coin you can mine, and in fact recent difficulty increases are making it highly unprofitable even on the most recent CPUs from either major manufacturer. This makes coins using the second most popular algorithm, scrypt the most viable to mine using your CPU, as all of the difficulties for the coins using it are relatively low. You can tell the mining program to mine these by simply typing “-scrypt” with the launch commands, then pointing the miner at the scrypt coin of your choice. This algorithm is much friendlier to CPU mining, and can allow you to make some significant chunk of money each month.
There are two methods of mining that should be bared in mind if you intend to mine these coins, as the program itself does not have the second option built into its GUI, despite it being a popular feature. The first method is “solo mining” or mining by yourself. This can be the most rewarding, and can also reward you with nothing and is only recommended for powerful systems. This basically attempts to find one of the thousands of blocks a day by itself. Although you are unlikely to find these individual blocks, the reward is in the thousands of dollars’ worth of coins for doing so. This may appeal to some, but is unlikely the smart move for the masses.
Your second choice is to use a mining pool. These can be found with a simple google search and allow you to earn fractions of the coins based on your shares, and are a more consistent way to mine. If you are concerned about earning enough to pay your electricity (as well as some more on top) this is the best option to go with.
Overall, CPU miner is a very useful tool if you want to earn a little extra from your system while you are not using it. While this amount per hour might be small, if you leave it on whenever it is not in use, it can quickly add up to double or triple digits, and eventually even pay for new hardware to replace your current setup. If this sounds fun to you, you should download CPU miner.
5/5
cpuminer Publisher's Description
cpuminer is a simple and easy-to-use command-line utility designed to provide you with a multi-threaded CPU miner for Litecoin and Bitcoin peer-to-peer Internet currencies.
Litecoin differs from its parent, Bitcoin because it provides you with faster confirmations and uses memory-hard and scrypt-based mining to target the CPUs and GPUs.
One of the aims of cpuminer is to provide a mining algorithm that could run on the same time and on the same system.
Free download from Shareware Connection - cpuminer is a simple and easy-to-use command-line utility designed to provide you with a multi-threaded CPU miner for Litecoin and Bitcoin peer-to-peer Internet currencies.
Version: 2.2.3 | Platform: WinOther
Released Date: | Rating: 5 | Title: cpuminer
Author Url: http://sourceforge.net/projects/cpuminer
Program Info Url: http://sourceforge.net/projects/cpuminer
Download Url: http://sourceforge.net/projects/cpuminer/files/pooler-cpuminer-2.2.3-win32.zip/download
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