No wonder, the world of cryptocurrency is not a new thing to the present generation. It is common to have its name mentioned in financial articles, references on news, or even economic discussions. However, one question that how to mine cryptocurrency still interests many.
In terms of technical definition, crypto or Bitcoin mining refers to the process of verifying and adding transactions to a given blockchain for a specific cryptocurrency while using the proof-of-work technique. The victorious miner receives a portion of the transaction fees or currency. Here are 17 tools to start crypto and Bitcoin mining effectively.
1. KRYPTEX
Typically, it’s a Windows application that pays you in real-world money or Bitcoins for using the computing power of your computer. Kryptex is a popular choice for many cryptocurrency enthusiasts. They function by utilizing the processing power of several computers to run complicated computations. Also, it is the simplest of all the mining tools you find around.
2. GENESIS MINING
This company is one of the world’s largest suppliers of Bitcoin and cryptocurrency cloud mining. Genesis Mining provides hosted mining services for certain cryptocurrencies alongside other mining solutions to both large and small-scale clients. Besides, they have a unique price structure for both novice and experienced crypto and Bitcoin miners.
3. NICE HASH
Founded in 2014 by two Slovenian university students, Nice Hash is another biggest crypto mining tool that you can find around. It allows users to buy computer power that they can add to their mining pool. As such, buyers get the liberty to choose the cryptocurrency that they wish to mine, the price they wish to pay, and the place of mining.
4. MINERGATE
It is another popular crypto mining software created by a team of cryptocurrency enthusiasts. They are the first to create the first-ever mining pool. As such, it becomes possible to mine different types of coins when mining with MinerGate while reducing the hash rate for major coins. It is best for novice crypto miners.
5. EASY MINER
If you are looking for one of the best cryptocurrency tools that you can use to mine Bitcoin and Litecoin, Easy Miner is the way to go. It is an open-sourced mining tool that provides transparent services through which miners get the idea of how much time is needed to mine to achieve cash out.
6. CUDO MINER
It is a complex algorithm GPU and CPU miner that comes with a lot of features. Besides, Cudo Miner is extremely user-friendly and easy to set up which produces high profitable results. It is one of the leading tools for mining because it has intense hardware security and is safe to use.
7. OXBTC
Founded in 2014, OXBTC is another leading mining tool that has several self-operated mining farms. OXBTC has been running efficiently for several years and provides reliability through its services. This tool offers Bitcoin and other crypto mining hash rates.
8. SLUSH POOL
Previously known as Bitcoin.cz, Slush Pool is the oldest mining pool in the world. The software allows miners to mine the most popular crypto coin, Bitcoin. Slush Pool encourages a safe environment through stringent data security measures. Besides the 2-factor identification process reduces the chances of identity theft.
9. BIT MINTER
The concept behind Bit Minter was to create a user-friendly tool through which people could mine Bitcoins and they have successfully created the same. Even miners without prior experience can use the tool to mine Bitcoins. Also, they encourage professionals to invest in their cloud mining tools and provide them with the highest possible profits.
10. BTCMINER
It is yet another mining pool popular for mining Bitcoins. The physical miners can make good use of the algorithms that permits them to produce Bitcoins in less time. In addition, BTCMiner takes special care to ensure that users can make money without performing hard work.
11. COMPUTTA
It is a one-of-a-kind mining software designed by experts through which anyone can generate digital money using their computer on autopilot. It means that if you have a computer, it can start mining by using Computta within a few minutes. The setup process is straightforward and the tool runs in the background without the need to do anything extra.
12. CGMINER
One of the most widely used ASIC, FPGA, and GPU miners is CGminer. It is an open-source and free GPU miner that has an in-built C making it efficient to run on Linux, Windows, and OS X. Besides, another reason for its popularity is because they are built with the CPU Miner code.
13. AWESOME MINER
Typically, Awesome Miner is a Windows-based program that allows users to manage and keep track of Bitcoin mining and other cryptocurrencies. The best part about this amazing tool is that it is user-friendly and works wonders for beginners. Besides, more than fifty common programs used for mining are supported.
14. HOSTERO
It is a unique tool typically used to deploy and manage CPU-based minable cryptocurrency miners. Anyone with this tool doesn’t need to have special training to operate. In addition, a blockchain-supported infrastructure provides users with a safe environment where they can mine the cryptocurrency of their choice.
15. MINERSTART
This unique software comes with a bunch of sophisticated tools used by cryptocurrency miners. Their solutions and software are designed to help big, medium, or even small mining farms manage their operations effectively. Also, the tool provides easy optimization of machines through undervolt, underclock, and overclock to GPUs.
16. WINMAX MINER
It is a Bitcoin cloud mining tool that provides Bitcoin miners with a unique way to mine cryptocurrencies by utilizing their underutilized computing resources on their personal computers and creating Bitcoin earnings. Winmax Miner provides a secure cryptocurrency mining environment that results in a smoother experience for the users.
17. STARTMINER
If you are looking for a one-stop solution for all your cryptocurrency mining needs, StartMiner should be the right choice for you. It allows users to mine Bitcoins without the need to spend money. In addition, the fully-automated process helps you save effort and time. That way, it makes for an easy online income.
BitminerFactory is brought to life by Darrell Houghton, our astute publisher. With a deep-rooted passion for crypto and crypto mining spanning many years, Darrell’s unwavering enthusiasm fuels his daily quest for knowledge. He is eager to share the pivotal news stories of the day while also providing his own analysis and commentary with Bitminer Factory’s readers.
