Setting up a Bitcoin miner can be quite a complex task. Bitcoin (BTC) Ethereum (ETH) Ethereum Classic. How to set up a Bitcoin miner. 10+ best Bitcoin mining pools you can join. Which Countries Mine the most Bitcoins? Bitcoin mining tends to gravitate towards countries with cheap electricity.

Let your computer earn you money with Bitcoin Miner, the free easy-to-use Bitcoin miner! Earn Bitcoin which can be exchanged for real-world currency! Works great at home, work, or on the go.

Download Bitcoin Miner and start mining Bitcoin today! Bitcoin miners perform complex calculations known as hashes. Each hash has a chance of yielding bitcoins. The more hashes performed, the more chances of earning bitcoins.

Most people join a mining pool to increase their chances of earning bitcoins. Mining pools pay for high value hashes known as shares. Version notes Version number: Varies by device Bitcoin Miner 1.50.0 - Fixed crash on ARM and devices when the Windows Audio service was not running.

Bitcoin Miner 1.48.0 - Temporarily revoke the webcam permission to workaround a Microsoft Advertising camera issue, unfortunately this also disables Payout Address QR code scanning. - Reduce number of mining errors through improved Stratum difficulty handling. Bitcoin Miner 1.47.0 - Increase Satoshi yield estimate display to 4 decimal places when mining. - Rename Accepted and Rejected share count displays to Shares and Errors. - Minor mining performance improvements.

Biggest BridgeCoin BCO Mining Rig. Bitcoin Miner 1.39.0 - Next payout date is now shown when default pool payout requirements are met. Bitcoin Miner 1.28.0 - Fix bug where Custom Pool Proof-of-Work would always default to SHA-256d. Bitcoin Miner 1.27.0 - Mining engine profitability improvements.

- Added duration and rate information to post-mining summary text. - Fixed taskbar icon overlay flickering on Windows 10 Anniversary Update. Bitcoin Miner 1.25.0 - Numbers for decimal-comma locales are now rendered in the local format (Brazil, most EU counties).

- Mining summary now changed to show account balance and next payout information when the default mining pool is selected. - Users can now scan Bitcoin Address QR codes using their webcam or camera for payout addresses. Bitcoin Miner 1.20.0 - Balanced/Efficiency mode is now 'Power saving' mode. So, this BTC miner does work, and it does payout. But after a week of running it consistently on 2 PCs, one high end, and one budget laptop.

I run in power saving during the day, and maximum at night. At the end of the week I earned 8,160 Satoshis which comes out to 14¢ in BTC prices. So, IMHO, this isn't worth the effort to mine Bitcoin with. If the developer made different miners to mine other cryptocurrencies than BTC and Litecoin, I think it would work much better. If you're looking for a miner that can mine alternative currencies, try MinerGate More. I7-6700k 4.4Ghz 32Gb GTX 1080 (OC)My PC consumes approximately 500 watts, average cost of kWh in USA is $0.12. My state is $0.17500 watts x 24 hours x 7 days = 84,000/1000 = 84 x $0.17 = electricity cost $14.28 a week.The average speed I get from Bitcoin Miner = 350-400 KH/s5000-10,000 Satoshi a day, if you're lucky with no interruption = $.15-$.30 cents a day, $1-$2 a week.

-_-HOPE ON THIS MINER! - I have not turn my PC off for weeks because Nicehash can not be interrupted. Idle temp 25c-60cThe speed I get from NH:CPU: 190.000 H/s $0.60s a dayGPU: 0.360 GH/s $5.50s a day $5.50+ a day, $35.00+ a week from Nicehash compared to Bitcoin Miner's $0.15 a day, $1-$2 a week.It feels more like a faucet. That will force your PC to use 100% of its CPU.

Good for small spurts I guess but I wouldn't run it overnight. I love that its decent GPU mining that I can do on the side of my cloud mining. I have already gotten a payment so I know it works and hope it continues to. Sure,there are ads but thats how it goes if you want it free.

I do wish you can minimize it but because of how Windows 10 apps work,you cant. One day,when I get a second GPU,I will do even better. An RX 480 does about 250-270 KH/s and will net you about 6000 satoshis in 24 hours. Higher end GPUs will do much better,I am sure so this is probably great for those with one.

I stick to just mining in the power saving mode,usually CPU only as most of the time I mind Ethereum,which is far more profitable than this thing can ever dream to be. The video ads are very annoying,as you cannot mute them.

I am not above closing the app the moment I see them and starting it again. PLEASE have an option to keep them muted. Nobody cares about them.

How many bitcoins are there? When the algorithm was created under the pseudonym Satoshi Nakamoto—which in Japanese is as common a name as Steve Smith—the individual(s) set a finite limit on the number of that will ever exist: 21 million. Currently, more than 12 million are in circulation. That means that a little less than 9 million bitcoins are waiting to be discovered. Since 2009, the number of bitcoins mined has skyrocketed. That's the way the system was set up—easy to mine in the beginning, and harder as we approach that 21 millionth bitcoin. At the current rate of creation, the final bitcoin will be mined in the year 2140.

( Read more: ). What exactly is mining? There are three primary ways to obtain bitcoins: buying on an exchange, accepting them for goods and services, and mining new ones. 'Mining' is lingo for the discovery of new bitcoins—just like finding gold. In reality, it's simply the verification of bitcoin transactions. For example, Eric buys a TV from Nicole with a bitcoin.

In order to make sure his bitcoin is a genuine bitcoin, miners begin to verify the transaction. It's not just one transaction individuals are trying to verify; it's many. All the transactions are gathered into boxes with a virtual padlock on them—called 'block chains.' Miners run software to find the key that will open that padlock. Once their computer finds it, the box pops open and the transactions are verified. For finding that 'needle in a haystack' key, the miner gets a reward of 25 newly generated bitcoins. The current number of attempts it takes to find the correct key is around 1,789,546,951.05, according to —a top site for the latest real-time bitcoin transactions.

Despite that many attempts, the 25-bitcoin reward is given out about every 10 minutes. In 2017, the bitcoin reward for verifying transactions will halve to 12.5 new bitcoins and will continue to do so every four years.

( Read more: ). How do you mine on a budget? Bitcoin mining can be done by a computer novice—requiring basic software and specialized hardware. The software required to mine is straightforward to use and open source—meaning free to download and run. A prospective miner needs a bitcoin wallet—an encrypted online bank account—to hold what is earned.

The problem is, as in most bitcoin scenarios, wallets are unregulated and prone to attacks. Late last year, hackers staged a bitcoin heist in which they stole some $1.2 million worth of the currency from the site. When bitcoins are lost or stolen they are completely gone, just like cash.

With no central bank backing your bitcoins, there is no possible way to recoup your loses. The second piece of software needed is the mining software itself—the most popular is called. When launched, the program begins to mine on its own—looking for the magic combination that will open that padlock to the block of transactions. The program keeps running and the faster and more powerful a miner's PC is, the faster the miner will start generating bitcoins. When mining began, regular off-the-shelf PCs were fast enough to generate bitcoins. That's the way the system was set up—easier to mine in the beginning, harder to mine as more bitcoins are generated.

Over the last few years, miners have had to move on to faster hardware in order to keep generating new bitcoins. Today, application-specific integrated circuits (ASIC) are being used. Programmer language aside, all this means is that the hardware is designed for one specific task—in this case mining. New faster hardware is being created by various mining start-ups at a rapid rate and the price tag for a full mining rig—capable of discovering new bitcoins on its own—currently costs in the ballpark of $12,000.

( Read more: ) There is a way around such a hefty investment: joining mining pools. Pools are a collective group of bitcoin miners from around the globe who literally pool their computer power together to mine.

Popular sites such as allow small-time miners to receive percentages of bitcoins when they add their computer power to the group. The faster your computer can mine and the more power it is contributing to the pool, the larger percentage of bitcoins received.

Bitcoins can be broken down into eight decimal points. Like wallets, pool sites are unregulated and the operator of the pool—who receives all the coins mined—is under no legal obligation to give everyone their cut. Joining a pool means you can also use cheaper hardware. USB ASIC miners—which plug into any standard USB port—cost as little as $20. 'For a few hundred dollars you could make a couple of dollars a day,' according to Brice Colbert, a North Carolina-based miner of cryptocurrencies and operator of the site. 'You're not going to make a lot of money off of it and with low-grade ASICs you could lose money depending on the exchange rate.'

The other way you could lose money when it comes to mining is power consumption. Currently, profits outweigh money spent on the energy needed to mine. Again, that could quickly change due to the volatile price of bitcoin.

'It's time sensitive, like a yo-yo', said Jeff Garzik, a Bitcoin developer for the payment processor. It's not mining or investors that are causing the radical highs and lows in the currency's value, it's the media, he said.

'Bitcoin's price tends to follow media cycles, not hardware or mining. The difficulty in mining is not the highest correlation in bitcoin value.' — By Anthony Volastro, CNBC Segment Producer.