The easiest way to start mining with your CPU or GPU
How to start mining with your CPU or GPU
People keep asking me what is the easiest way to start mining with your PC. In my opinion, the easiest way to start mining with you PC is with MinerGate. The app is available for Windows, Mac, Ubuntu and Fedora
Start mining in less than 2 minutes with your PC in a few easy steps.
First you must sign up on the website, just make an account then download it and install it. It’s up to you which coins you choose to mine. I would suggest you to mine lower end coins like Aeon and Bytecoin in hopes that maybe one day they will be worth a lot more than they are currently worth. You will not get rich overnight, I promise you that.
If it slows down your computer’s performance too much, you can turn it on while your at work, school and asleep, not while you are using the computer due to it using the CPU and/ or GPU. If your PC is not too bad you will be able to keep working on it without noticing a difference in performance. You can install the app on multiple computers and login with your newly created account.
Zcash is a decentralized privacy-centered currency, allowing users to partly conceal the details of their transactions, such as sending and receiving parties and the amount. It is possible due to innovative technology the developers have come up with, zero-knowledge proving. Zcash is a fork of Bitcoin protocol, thus they share some similarities, such as the total amount of coins to be minted and block reward halvings. Advanced privacy is the main major improvement.
Ethereum is currently the most ambitious blockchain project. It runs its own cryptocurrency, called Ether, but goes beyond being just digital currency. Ethereum is a decentralized platform that allows building smart contracts: decentralized applications (dapps) that run as they coded without any possibility of censorship, downtime, fraud or third parties interference. The applications can move value through Blockchain and represent the ownership of property. The big idea behind Ethereum has attracted millions of users (crypto-enthusiasts, miners, investors) and boosted the market value of Ether coins, making it the most popular cryptocurrency after Bitcoin.
Bitcoin is decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. Most client software, derived or “from scratch”, also use open source licensing.
Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers with GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units. One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine Bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisfy these goals. It is unlikely for ASIC mining to be developed for Litecoin until the currency becomes more widely used.
Bytecoin is a first CryptoNote-based cryptocurrency. A CPU-mined coin, it/s primary advantages are extraordinary transaction untraceability and unlinkability features. BCN is stated to be much more anonymous than Bitcoin and all its existing forks. The developers claim a person’s right to privacy is their primary concern and strictly observe their own privacy. Bytecoin was started on July 4th, 2012.
BCN is based on CryptoNote, an open-source technology for anonymous cryptocurrencies. It utilizes ring signature and one-time addresses for completely anonymous payments. CryptoNote is designed in a way, which makes block chain analysis impossible. CryptoNote is focused on CPU-mining in order to make the special purposes devices useless.
Monero is a new coin using the CryptoNote protocol. It’s based on Bytecoin, which was coded from scratch and is not a descendent of Bitcoin. XMR was launched on April 18, 2014.
DigitalNote is an experimental open-source cryptocurrency based on CryptoNote technology and CryptoNight algorithm. It is a fork of Bytecoin – the very first implementation of CryptoNote. Nobody own or control DigitalNote. It is a scalable decentralized cryptocurrency with strong privacy protection. DigitalNote uses ring signatures, to provide unlinkable and untraceable transactions.
QuazarCoin is a new cryptocurrency based on the CryptoNote and uses the CryptoNight algorithm. QCN protects your data and privacy with help of completely anonymous transactions with ring signatures.
Unlike other CryptoNote based cryptocurrencies, Fantomcoin supports merged mining. It can be possible with Bytecoin, Monero, QuazarCoin or any CN based coin. New blockchain needs no additional hashpower – it uses Bytecoin, Monero, QuazarCoin blocks or shares as PoW. Miners are free to choose “donor” chain they like. In case other chains based on CryptoNote will appear they also can be used as “donor” chains.
MonetaVerde is a CryptoNote based coin, wich supports merged mining like Fantomoin (FCN). MonetaVerde is the first cryptocurrency in which block reward is increased when difficulty is growing. Mining of MonteVerde does not require any additional hashpower if you chose Merged Mining with the major CryptoNote coin.
AEON coin is the anonymous cryptocurrency which is based on the CryptoNote protocol and uses the CryptoNight algorithm
Dashcoin is a Next generation anonymous cryptocurrency and the first automatically mutating cryptocurrency created with CryptoNotetechnology.
Infinium-8 (INF8) is a new privacy-centric coin using the CryptoNote protocol.
The open source reference implementation of CryptoNote was coded from scratch based on the CryptoNote reference implementation, and is not a fork of Bitcoin.
Infinium-8 aims to be a fungible and untraceable digital medium of exchange. It intrinsically has a higher degree of anonymity than Bitcoin or any of its various forks. Infinium-8 s the cryptocoin with blockreward increasing together with difficulty.
Enjoy your newly mined coins!