What is Cryptocurrency Mining Software?
Mining software is the most crucial tool for mining cryptocurrencies as it tracks and secure transactions to the blockchain ledger. On confirming and securing a transaction, miners receive rewards in the form of the cryptocurrency itself.
A few years back, crypto mining was done on computers by leveraging its CPUs and GPUs power. However, as the mining industry grew, so did the requirement of using robust ASICs to mine cryptocurrencies.
While it is still possible to use mining softwares on a computer, you will not be able to mine a single coin in a year because of the complexity of the transactions and mathematical equations.
The mining software connects the miner to a mining pool where several users share their computing power to mine the currency.
Top 5 Crypto Mining Software in 2021
Now that we understand the role mining software plays in mining cryptocurrencies. Let us talk about the best software available in the market. These softwares are generally ranked using their customization capabilities, ease of use and centralized management. Here are the five best mining software currently available.
CGMiner is one of the best mining software available in the market and supports the majority of devices. Started in 2011 by Con Kolivas, this software has been around for over six years now and is coded using the C language. This software has an easy-to-use interface and supports the majority of devices and pools. While it is specifically designed to operate on ASICs, it can work on any GPU as well.
The miners have to create an account and select their preferred pool on starting the software. Then CGMiner will automatically detect your device’s hardware and start working. The first time users might face some issues in navigating through the software because of a lack of graphic interface. However, once you get accustomed to the software, it can work quickly using pre-assigned shortcuts.
Several miners prefer CGMiner because of its open-source build, ease of use and ability to run on any device. However, windows users might run into some error, as the antivirus can mark it as malware and block its activity.
- Open Source
- Compatible with ASIC, FPGA and GPU
- It runs on Windows, Mac and Linux
- Difficult for beginners
- Difficult to install on Windows devices
- Lack of graphical interface
BFGMiner is designed explicitly for ASIC and FPGA mining and has advanced controls for experienced miners to adjust their mining process. It has several features such as dynamic clocking, remote mining rig interface and advanced monitoring capabilities making it highly customizable.
Luke Dashjr developed BFGMiner in 2012 and has wide popularity among experienced miners. Miners can detect and start idle threads, monitor hardware temperature, and manage their rigs remotely, making it very practical and helpful.
BFGMiner was initially designed to provide FPGA support for a GPU miner and is only compatible with ASIC and FPGA hardware. It is also coded in C language and can run on Mac, Windows, Linus and Raspberry Pi devices.
It is free software and uses a command-line interface with actionable hotkeys. Beginner miners might find it challenging to navigate through the interface, whereas it is extremely easy for advanced miners.
- Mine multiple currencies simultaneously
- Compatible with FPGA and ASIC
- It runs on Linux, Mac, Windows and Raspberry Pi
- Difficult for beginners
MultiMiner has the same mining engine as BFGMiner but boasts a clean graphical user interface, automated hardware detection, cross-platform compatibility and several other mining features.
Nate Woolls, a BFGMiner developer, developed MultiMiner in 2013. Despite being built on a BFGMiner mining engine, it is very different and has a beginner-friendly user interface. No coding skills are required to use this software as the software itself does most of the work, such as detecting hardware. It also walks miners through the installation process and guides them to start mining.
Users can access their machines remotely and choose their own mining strategy. They can even allow the software to mine the most profitable or the most accessible cryptocurrencies automatically.
Windows users can directly install the software on their device. However, Mac and Linux users have to install additional software to make it compatible with their devices.
- Graphical user interface
- Windows optimization
- Automated mining features
- Low customization for advanced users
- Additional software requirement for macOS and Linux
Awesome Miner is a robust mining software that can operate multiple mining rigs and pools from a single dashboard. It is one of the best software for the centralized management of different machines.
A Swedish software company IntelliBreeze developed Awesome Miner in 2014 for Windows devices. It can handle large-scale mining easily and allows users to monitor all the activities of these machines from a single dashboard.
Awesome Miner has a robust set of features that helps in maximizing profits and minimizing downtime. IT supports over 50 mining engines and is compatible with the majority of mining algorithms. Users can easily switch between different miner pools with a single click with the help of Awesome Miner.
- Supports over fifty mining engines
- Remote access from any device
- Customizable triggers and actions
- Not beginner-friendly
- No support for macOS devices
Easy Miner makes managing everything related to mining easier for beginners. The software has a graphical interface and a MoneyMaker mode that automatically provides users with a Litecoin wallet to make the whole process simpler.
Users can easily configure mining pools, change network setting and monitor wallets on Easy Miner’s comprehensive interface. It also has a console that informs users about the Bitcoin and Litecoin mining progress.
However, this software might not produce high profits considering the current difficulty rate.
- User-friendly graphic interface
- Simultaneous mining on CPU and ASIC devices
- It might cause issues on Windows devices
While there are several mining softwares available in the market, only a handful of them can produce efficient results. All of the mining software mentioned above have unique capabilities and suit the needs of expert and beginner miners. Professional mining platforms such as Zionodes also use these softwares to power their mining farms. You can contact us to understand how this process works.