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Ultimate Bitcoin Miner

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Ultimate Bitcoin Miner Editor's Review

Ultimate BitCoin 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, GPU or any other devices you buy and plug into your computer. 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? 25 bit coins. This is worth many thousands of dollars, and increasing rapidly. 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 Ultimate BitCoin 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. For a general rule of thumb,

There are two methods of mining that should be bared in mind if you intend to mine these coins, as the program itself makes the second option a little harder than the first to discover and set-up. The first method is “solo mining” which was originally the only way to mine. 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 25 bit coins. This may appeal to some, but is unlikely the smart move for the masses, and is akin to entering the lottery, albeit with multiple tickets and with a new lottery every 10 minutes.

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 a bit coin 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 as it guarantees you are not wasting your time for nothing.

Overall, Ultimate BitCoin 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 ridiculously low, if you leave it on whenever it is not in use, it can quickly add up to double or triple digits worth, and this combined with bit coins rapidly increasing value can make a mid-range PC today earn you many thousands in a few months’ time, and eventually even pay for new hardware to replace your current set-up and earn more. If this sounds like something you’d be interested in, you should download Ultimate BitCoin Miner.

5/5



Ultimate Bitcoin Miner Publisher's Description

Ultimate Bitcoin Miner is a graphical frontend for mining Bitcoins. It provides a convenient way to operate Bitcoin miners from a graphical interface. It supports both ATI and NVIDIA GPUs, as well as CPU mining. It supports both pooled mining and solo mining, and embeds a list of mining pools to choose from.

There are two basic ways to mine: On your own or as part of a pool. If you're mining on your own you need to start by setting up your Bitcoin client and set it up for JSON-RPC (see: Running Bitcoin). The other option is to join a mining pool. There are several pools to choose from. With a pool, the profit from any block a member generates is divided up among the members of the pool. The benefit of joining a pool is that you will receive a more frequent, steady payout (this is called reducing your variance), but your payout(s) will be less. Ultimately, you will earn the same either way. Solo mining will give you large, infrequent payouts and pooled mining will give you small, frequent payouts, but both add up to the same amount.

Once you have your client set up or you have registered with a pool, the next step is to set up the actual miner. The most popular GPU/FPGA/ASIC miner at the moment is CGminer or a derivative designed specifically for FPGA and ASICs, BFGMiner.

Free download from Shareware Connection - Ultimate Bitcoin Miner is a graphical frontend for mining Bitcoins.

Publisher: Ultimate Bitcoin Miner | License: Shareware
Version: 1.0 | Size: 614 KB | Platform: Win2000, Win7 x32, Win7 x64, Windows Mobile, Windows Server, WinOther, WinVista, WinVista x64
Released Date: | Rating: 5 | Title: Ultimate Bitcoin Miner

Author Url: http://www.ultimatebitcoinminer.com
Program Info Url: http://www.ultimatebitcoinminer.com
Download Url: http://www.ultimatebitcoinminer.com/Ultimate_Bitcoin_MinerSetup_v1.0.1.8250.exe
Screenshot Url: http://www.ultimatebitcoinminer.com/screen800600.png

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Shareware Connection periodically updates pricing and software information of 'Ultimate Bitcoin Miner' from company source 'Ultimate Bitcoin Miner' , so some information may be slightly out-of-date. You should confirm all information before relying on it. Software piracy is theft,  Using 'Ultimate Bitcoin Miner' crack, password, serial numbers, registration codes, key generators is illegal and prevent future development of Ultimate Bitcoin Miner.

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