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Scrypt tends to be the more memory intensive of the two — however, home PCs with reasonably powerful graphics cards can still mine those cryptocurrencies quite effectively, as there are no dedicated ASICs to compete with — yet. This holds true, even if you have only a laptop with integrated graphics; though this may not prove terribly effective and is not a set-up we would recommend. A handy piece of software called cpuminer is the easiest way to start mining, but does require the ability to use the command line on your computer. In this case, the command structure is:. First, download the appropriate file for your operating system. Row of Gridseed litecoin miners set up. Again, in this example, we are making the assumption that you are using the Windows OS. Good news for miners who own PCs with dedicated graphics cards: Once the batch file is saved, double click it to activate the miner program.
What is Ripple? Next, enter the script using the following formula note that this method assumes you are mining a currency that uses the scrypt algorithm:. Your mining pool will most likely have a web-based interface and, within a few minutes, the website should show that your mining worker is active. Do not , however, use a word processor such as MS Word. Remember to leave one or two cores free to control your GPUs, though. For the purposes of this guide, though, we are making the assumption that you are using the Windows OS. Again, in this example, we are making the assumption that you are using the Windows OS. Before you start mining, you will need a wallet to keep your hard-earned coins in see our guide to storing bitcoin. Row of Gridseed litecoin miners set up. Going solo means you get to keep the full rewards of your efforts, but accepting reduced odds of being successful. Arina P Habich. The majority of wallets are based on the original Bitcoin-Qt client. Unless you possess specific mining hardware, there are two ways to mine cryptocurrencies: However, if you are using Linux or OS X, the command line arguments ie: So, how to set up cpuminer with the parameters needed for your mining pool? Good news for miners who own PCs with dedicated graphics cards: The catch with GPU mining is that it requires a dedicated graphics processor, such as you may have fitted inside your desktop PC — the Intel integrated graphics cards found in most laptops are just not suitable for the task. This option also creates a steadier stream of income, even if each payment is modest compared to the full block reward. It can be helpful to think of mining pools as joining a lottery syndicate — the pros and cons are exactly the same. While it is now considered too late for hobbyists without expensive ASIC processors to start mining bitcoins , many of the alternative digital currencies are still well suited for mining on your home PC.
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