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Monday 21 September 2015

Mining Bitcoin cgminer example {Post-25}


Let’s say you’ve finally got the hardware together and are ready to mine a few bitcoins. We’ll walk you through a simple cgminer command line. At each pool you’ll get a pool URL and a PORT. Aside from that you need to get the following ready.

-->Hardware [GPUs/FPGA/ASIC]
-->Appropriate drivers installed
-->For GPUs you need to install the OpenCL package from the respective manufacturer

AMD


If your cgminer windows looks likes this once you run the command then you’ve got it right!
NVIDIA


Have cgminer installed Command line: For mining in a single pool all you need to do is use the following command line and replace the pool:port with the url given to you and the username and password with the appropriate worker ID and PASSWORD.
cgminer -o
http://pool:port -u username -p password For multiple pools you need to chain the commands one after the other and create a huge command with all URLs, worker IDs and PASSWORDs. Multiple pools: cgminer -o  http://pool1:port -u pool1username -p pool1password -o http:// pool2:port-u pool2usernmae -p pool2password Press enter and if all goes well, you should start mining and see something like the image on the previous page. There are a lot more clients and covering each and every usage scenario for all of them wouldn’t be possible so it would be best to join an online Bitcoin community and find out if others with your same hardware have found a convenient software to use. That’s about it for generating bitcoins. Once you’ve started on this you need to figure out how to use that currency. The next posts will focus on usage of bitcoins and other cryptocurrencies.

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