Setting up the CPU mining with BFG Miner under Linux
As a beginner in the world of cryptocurrency removal, it can initially appear to be discouraging to create CPU mining with BFG Miner on Linux, but with this article you will learn how to start and set your first CPU mining process.
Why use CPU mining?
Before we dive with the Setup process, we quickly discuss why you may want the CPU mining:
Inexpensive : CPU mining is an inexpensive way to determine cryptocurrencies like Bitcoin.
* Easy to learn : The CPU mining requires a minimal technical expertise compared to GPU mining or other types of mining.
* Low power consumption : The CPU mining consumes very little energy, which makes it an environmentally friendly option.
Set up BFG Miner under Linux
Follow the thesis steps to set up the CPU mining with BFG Miner under Linux:
- Download and install
- After installing, start BFG Miner and select “CPU” as a mining software.
- Create a new mining pool by clicking on the “Mining Pool” tab and selecting “Creating new mining pool”.
- Enter the following details:
Poolname : Give your mining pool a descriptive name (e.g. “My CPU -Miner”).
* Miner list : Create a new miner list or choose an existing one.
* IP address : Enter the IP address of the server you use for mining. This can be a private IP address in your local network or a public IP address of a cloud provider.
- Set up your mining configuration by selecting the following options:
Block size : Select the block size that the BFG -Bergmann supports (e.g. 1024, 2048).
* Work unit size
: Select the work unit size used by the BFG -Miner to calculate the difficulty of mining.
- Configure your mining settings by selecting the following options:
* Pool -Hashrates
: Set the pool of the pool for optimal performance.
* Power consumption limit : Limit the electricity consumption of your mining.
- Create a new job in the BFG Miner by clicking on the “Jobs” tab and selecting “Creating a new job”.
- Configure the job settings:
* MINING software : Select CPU as a mining software.
* MINING POOL : Select your newly created mining pool.
Block size : Enter the block size that you specify earlier (e.g. 1024).
* Work unit size : Set the work size so that it corresponds to your selected block size.
Tips for beginners
Start with a small pool : Start with a small mining pool and gradually increase the hashrate if you gain more experience.
* Monitor your electricity bill : Keep your electricity bill in mind to ensure that you do not spend your power consumption limit.
* Connect online communities : Connect to other miners via online forums or social media groups to learn from your experiences.
Troubleshooting for common problems
No mining output : Check whether the pool is configured correctly and whether there are problems with the network connection.
High electricity bill : Check your power consumption and adjust your power consumption limit as required.