Best Cryptocurrency To Mine With Raspberr

Best cryptocurrency to mine with raspberr

There are two things you need to do:

Download a bitcoin wallet

Create a pool account

Set up paymentSet up workers

Download a Bitcoin Wallet

A wallet is a program that sits on your computer and gives you a wallet address, this is a unique string of numbers and letters that you will use to receive bitcoins.

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Download the client for your computer from https://bitcoin.org/en/download

After installation, you will have to save a file called wallet.dat, keep this file safe, as this contains your unique wallet address within it, including all bitcoins that you will gain. If you lose this file, you cannot recover any bitcoins it contained.

Create a Pool Account Once you have a wallet address, create a pool account.

Best cryptocurrency to mine with raspberr

A pool is a huge collection of other people working towards gaining bitcoins. Due to the complexity of mining a bitcoin, it has become unrealistic to solo mine–the act of processing millions of numbers to solve the block problem.

Best cryptocurrency to mine with raspberr

Working as a group, or pool, lets everyone have a chance of earning some Bitcoin. There are many pools around, in this tutorial I’ll be using one called Slush’s pool: https://bitcoin.org/en/download

Set Up Payment

Once you have created a pool account, you'll need to enter your unique wallet address into the Bitcoin payout address.

Best cryptocurrency to mine with raspberr

Create Worker Account

Next step is to create a worker login account. Within your pool account you have the ability to create something called a worker for each of your bitcoin miners, so you're able to monitor them all separately just in case one should fail.

Each worker has its own login name and password.

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Whilst you are on My Accountclick Register New Worker and give it a name, for example; worker, and a password. Now you're ready to set your Raspberry Pi mining for Bitcoin.

Best cryptocurrency to mine with raspberr