• BTC Mining
  • Mining Hardware
  • Mining Tool
  • Mining Pools

How does the Bitcoin Mining Works?

    Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
    The bitcoin network deals with this by collecting all of the transactions made during a set period into a list, called a block. It’s the miners’ job to confirm those transactions, and write them into a general ledger.

Guide For Bitcoin Mining Hardware

    Miners have been using different types of hardware for mining bitcoin and release a new block since it was created in 2009. The speed for solving an equation, generating a new block and searching for another it all depend on upon the speed of the hardware used in the bitcoin mining. Including GPU CPU FPGA ASIC .

Bitcoin Mining Tools Bitcoin Mining Software

  • EASYMINER – A GUI based miner for Windows, Linux and Android. EasyMiner acts as a convenient wrapper for the built in CG & BFGminer softwares.
  • BFGMiner – Modular FPGA/GPU miner in C
  • CGMINER – This is a multi-threaded multi-pool GPU, FPGA and ASIC Bitcoin miner with ATI GPU monitoring, (over)clocking and fanspeed support for bitcoin and derivative coins.
  • 50Miner – A GUI frontend for Windows(Poclbm, Phoenix, DiabloMiner)
  • BTCMiner – Bitcoin Miner for ZTEX FPGA Boards
  • Bit Moose – Run Miners as a Windows Service.
  • Poclbm – Python/OpenCL GPU miner (GUI(Windows & MacOS X))
  • Poclbm-mod – more efficient version of Poclbm (GUI)
  • DiabloMiner – Java/OpenCL GPU miner (MAC OS X GUI)
  • RPC Miner – remote RPC miner (MAC OS X GUI)
  • Phoenix miner – miner
  • Cpu Miner – miner
  • Ufasoft miner – miner
  • Pyminer – Python miner, reference implementation
  • Remote miner – mining pool software
  • Open Source FGPA Bitcoin Miner – a miner that makes use of an FPGA Board
  • Flash Player Bitcoin Miner – A proof of concept Adobe Flash Player miner

    Bitcoin Mining Pools Top 10

  • DiscusFish/F2Pool : DiscusFish, also known as F2Pool, is based in China. DiscusFish has mined about 19.5% of all blocks over the past six months.
  • AntPool : Antpool is another Chinese based mining pool, maintained by BitMain. Antpool mines about 18.5% of all blocks.
  • BitFury Pool : BitFury is one of the largest producers of Bitcoin mining hardware and chips. BitFury currently mines about 13% of all bitcoins in three data centers across Georgia. It is a private mining pool and can’t be joined by hobby miners. BitFury is the world’s biggest bitcoin miner.
  • BTCC : BTCC is China’s third largest Bitcoin exchange. Its mining pool currently mines about 11.5% of all blocks.
  • BW Pool : BW, established in 2014, is another mining company based in China. It currently mines about 8% of all blocks.
  • KnCMiner : Sweden is home to KnCMiner, a Bitcoin mining manufacturer based in Stockholm. KnCMiner currently mines about 6% of all blocks. KnCMiner is not a pool and mines bitcoins in their own warehouses.
  • Slush : Slush was the first mining pool and currently mines about 5% of all blocks.
  • 21 Inc. : 21 Inc. is a Bitcoin mining company based in California. 21 runs a large amount of miners, but also sells low powered bitcoin miners as part of their 21 Bitcoin computer. Most of the hash power from the 21 Bitcoin computers is pointed towards 21’s mining pool. 21 Inc. mines about 4% of all bitcoins.
  • Eligius : Eligius was one of the first mining pools created. It currently mines about 3% of all blocks.
  • GHASH.IO : GHASH.IO used to be the largest mining pool, with over 50% of the network. However, concerns over a 51% attack caused many miners to transfer their hash power to other pools.