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Mining includes the use of special equipment (e.g., GPU, ASIC, FPGA), which uses computing power and software applications for controlling mining devices.
In our review, we present the most popular mining programs of 2019. You will be able to independently mine cryptocurrency on a PC running either Windows or Mac OS. We will talk about the pros and cons of each program to help you make the right choice. Explore the world of crypto miners together with Changelly!
The State of Bitcoin Mining
Cryptocurrency mining is the process of solving blocks by using the capacities of special equipment. For each solution found, the user (miner) receives a reward in the form of coins. Specialized equipment includes ASICs, GPU, and CPU (the latter is the least profitable).
Mining crypto is less risky than making a direct investment due to hedging volatility. It makes better sense to buy equipment yesterday, but it is still a good idea to buy it today or tomorrow. After halving, the profits from currently relevant equipment will fall by half. So, you need to make your own calculations and decide whether to start now or wait for the new generation of mining equipment. Investors show interest in Bitcoin, and more and more people start believing that it is possible for it to grow, so mining is both relevant now and still will be after halving.
However, cryptocurrency halving does have the potential to drastically change the situation. Therefore, it is necessary to assess all the risks associated with it before purchasing the necessary equipment. After all, it may turn out that in May 2020 all equipment will become obsolete and will not have the time to pay itself off.
Best Bitcoin Miners
We made a selection of the best bitcoin miners for you to choose from. The miners vary in device (ASIC/CPU/GPU) compatibility and supported platforms.
This application has been working successfully for several years now and is only getting better with each update. It has the widest range of features and an active community, which makes it indispensable for both beginners and professionals.
CGMiner is a cross-platform Bitcoin miner that works with Windows, Mac OS X, Linux and other operating systems. It is compatible with FPGA and ASIC firmware. It has a command-line interface, providing full monitoring, fan speed control, and remote control capabilities. CGM comes with a scalable network scheduler.
More advanced users will enjoy the open-source code, the possibility of hardware overclocking, and the automatic detection of new blocks using the built-in database.
Easy Miner developers tried to create the most beautiful graphical interface possible and to unify wide variety of settings for cryptocurrency mining. Bitcoin, Litecoin, and many other major cryptocurrencies based on the SHA-256 and Scrypt algorithms are available. Regular mining, cudamining, ccmining, cgmining and mining using ASIC are all available to choose from in the settings.
In solo mode, users can select any pool and hash algorithm. Please note that there is also the integration of the NHIL (Network Hardware ID Layer) protocol, which provides an additional level of protection for the pool and the wallet.
The main drawback of EasyMiner is that it only works on Windows.
MultiMiner is a cryptocurrency mining program with a convenient interface. Miners use this program to create strategies for switching crypto mining devices between coins (GPUs, ASICs, FPGAs). By installing the utility, a novice user is freed from not only having to create an executable file manually but also from having to look for profitable altcoins and pools for mining.
The software has other online services integrated into it, so data on profitability is always up-to-date. To make monitoring easier, you can install the MobileMiner Android application on your smartphone.
BFGMiner is a console mining application that maximizes the potential of the equipment. In the BFGminer program, configuration is executed by entering the program code into the control file. After entering variable values following the BFGminer pool settings, all you need to do is save the .bat file and start the mining process.
The latest versions of BFGminer are designed to work primarily with ASIC/FPGA devices. Run the parameter opencl: auto to start mining on video cards.
NiceHash is a multipurpose program that allows you to use processors and video cards as computing equipment. The service will enable you to mine cryptocurrencies using 30 different algorithms. Please note that all charges are automatically converted to BTC.
The program will require authorization immediately after installation. You should register on the NiceHash website before using the software.
GUI Miner is a useful and popular tool that has a graphical interface designed for the convenience of its users. It allows you to mine Bitcoin on any device and supports both solo mining and connection to pools.
The window displays production statistics, the total production rate, and the number of blocks mined. GUI Miner is only compatible with Windows. It allows you to configure auto-connection, which runs in the background and displays the current balance of coins mined.
DiabloMiner is another Bitcoin mining program. It shows excellent results on high power GPU equipment. This software is designed primarily for experienced miners, as it has a console client, without the ability to connect to third-party graphical interfaces. It supports 79+ and 8 and higher series NVIDIA graphics cards.
Miners for PC
Think about which program suits you best. You can instantly download any BTC or altcoin miners by clicking its name in the table below.
|Claymore’s Dual Miner||•|
Mobile Miners for Android & iOS
It’s impossible to mine Bitcoin on mobile phones due to the fact that there is not enough power. It is not profitable to mine cryptocurrency on mobile devices, and there is always the risk that the device will break. However, you can still earn some altcoins using the following apps:
- Quarry is a platform for earning cryptographic tokens on an Android phone by participating in referral programs. The application has a built-in wallet, as well as technical support. The platform also has its own ROX token, which is traded on HitBTC.
- CryptoGalaxy is a blockchain galaxy simulator where real digital resources are mined on virtual planets. The game is popular with users from all over the world. The app is available for both iOS and Android.
- Aircoins is an action game where you can find and trade crypto on your smartphone. Developers present this project as a new round in the evolution of blockchain technology, designed to combine both the gaming and the cryptographic sectors on one platform. Available for iOS and Android.
- MobileMiner is a utility that allows you to start mining on an iOS device. You can run the miner without jailbreak. Just install MobileMiner on your iPhone, and then create a configuration to mine one of the available cryptocurrencies (BTC, XMR, LTC, ETH, ETN). The app can run in the background. The software automatically resets the timer for the end of the working time. Available on GitHub.
Altcoin Mining Software
If you find Bitcoin mining too competitive and not profitable enough, you can choose one of the many other coins. The most popular altcoins to mine are Litecoin, Ethereum, Dash, and Monero.
Claymore’s Dual Miner
Claymore’s Dual Miner was created for altcoins based on the Dagger Hashimoto (Ethash) algorithm. It is possible to simultaneously mine Ethereum and any of the six algorithms: Decred, Siacoin, Lbry, Pascal, Blake2s, Keccak, with almost no loss of hashrate on Ether. Claymore has options available for Equihash and Cryptonight.
Claymore was the first program to implement the dual mining feature, in which one piece of equipment can mine using several algorithms at once. The software is designed for mining on video cards. It supports simultaneous mining on AMD and NVIDIA.
This mining program is not entirely free: each hour, for two minutes, the utility automatically switches to mining in the developer’s wallet. The graphical shell looks like a command line. Key parameters are highlighted in color, which makes the interface intuitive even for a beginner. The miner is configured by changing the .bat file.
The MinerGate service is a platform for combined cryptocurrency mining. The platform has added support not only for Bitcoin, but also for a large number of altcoins, including, but not limited to Ethereum, Ethereum Classic, Zcash, Dash, Monero, Bytecoin, FantomCoin, QuazarCoin, Aeon coin, MonetaVerde.
The user has to register on the official website, using an email address and creating a password. You should download the necessary program only after the registration is complete for the software to work. The site provides a list of all current versions, from which the user can choose the one most suitable.
PhoenixMiner is similar to Claymore but is faster on the Ethash algorithm (ETH, ETC, Muiscoin, EXP, UBQ, etc.). The program supports AMD and Nvidia video cards. It works on both Windows x64 and Linux x64. The software has a developer commission fee of 0.65% – for every 90 minutes 35 seconds are spent mining in a developer’s wallet. (this cannot be turned off).
The program greatly depends on video cards and other equipment, and the developer notifies about this in the instruction. You can download the program on the official branch on the Bitcointalk website.
EthMiner is a utility created specifically for Ethereum. It works with the green and red rule graphics accelerators. The creation of the program was motivated by the desire of miners to have adequate profitability for GPU ether mining.
EthMiner’s configuration does not differ from any other programs’ ones. Work parameters are set by editing the .bat file. You can mine all altcoins running on Ethash, not just ETH. Download EthMiner on the GitHub website.
Beware of Malware Mining Software
Cryptomining malware are software programs and components developed to take over the computer’s resources and use them for crypto mining without a user’s explicit permission. It isn’t only desktop software that can be hijacked, but also mobile and tablet applications.
One of the most infamous apps of this kind is Loapi. Its initial purpose is to use the Android processor to mine cryptocurrency. However, at the same time, it also destroys the device.
Buy or Mine Bitcoins?
The profitability of mining on a home computer is directly proportional to its processing power. A few years ago, when cryptocurrencies did not have the same popularity they do now, coin mining could be done on almost any device. These days, everything has changed. Both the number of miners and mining difficulty have grown significantly. Even mining on a laptop is now completely unprofitable unless you are using an external processor.
If you buy a powerful computer, its cost, as well as the electricity bills will be paid off, but it will take a long while. From a technical point of view, you can mine on a computer, but due to the high complexity of the mining network, the equipment will not be able to provide you with a result you expect.
You can always buy Bitcoin instantly and without verification on Changelly! Buy BTC with USD, EURO or GBP online within minutes. Credit cards accepted.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.