Bitcoin miner software

PyOpenCL bitcoin miner with a GUI frontend

Although not a concept embraced by everyone, bitcoins are a payment method that seems to spread rapidly in some corners of the Internet, while it is banned in other parts. Mining is practically the procedure of generating your own bitcoins and it involves solving a puzzle and getting a certain result with random hashes.

In order to become a Bitcoin miner, you need proper hardware and software to carry out the job. GUIMiner is a simple program designed to help you generate bitcoins.

If you have never used Bitcoin before, you have to install the original Bitcoin software, which is used as a server, as well as create an online wallet. Once you have done that, you can start using GUIMiner.

The program provides you with a user-friendly interface, which makes it suitable for any type of user. At the first run, the application tries to detect the available OpenCL device. If it does not find any, it allows you to mine using your CPU or GPU's capabilities. Moreover, you are able to even create a new customized miner. OpenCL miners are destined for AMD cards and CUDA-enabled nVidia devices.

You can choose the desired mining server from a predefined list. You have the possibility to mine alone, but it usually takes months to gather a 'block', which is worth 50 bitcoins. Thus, it may be much easier to enter one of the preconfigured mining pools. For every server, you have to specify the host, port, as well as your Bitcoin login credentials.

The main window of the application allows you to permanently monitor the mining process status, while the 'Summary' section displays the speed and the number of accepted items for each miner. The console allows you to view a log of the performed actions and their result.

The mining process consumes both time and computer resources, but if you decide to use this cash system, GUIMiner might be a good choice.

Beginners Guide to Mining Bitcoins

One of the biggest problems I ran into when I was looking to start mining Bitcoin for investment and profit was most of the sites were written for the advanced user. I am not a professional coder, I have no experience with Ubuntu, Linux and minimal experience with Mac. So, this is for the individual or group that wants to get started the easy way.