How To Mine Bitcoin using the CPU - For LinuxsteemCreated with Sketch.

in bitcoin •  8 years ago 

In this post I will show you how to mine bitcoin using the CPU of your linux computer using a software called cpuminer.

  • We are using Ubuntu server version 16. (64 bits)
  • If you are looking for profit you should try to mine monero using your CPU (Check our blog posts)
  • We are using the MINERGATE minig pool
  • Minergate will charge you a small percentage of your mining profits, something like 1.5%

MINERGATE

First, you will need to create an account at MINERGATE

CPUMINER INSTALLATION

Use the following commands to install the required softwares on your linux computer.

# apt-get update
# apt-get install libcurl4-openssl-dev git
# apt-get install  build-essential
# apt-get install autotools-dev autoconf
# apt-get install libcurl3 libcurl4-gnutls-dev

Create a directory and download the bitcoin cpuminer software:

# mkdir /downloads
# cd /downloads
# git clone https://github.com/pooler/cpuminer
# cd cpuminer

Use the following commands to compile and install the cpuminer software on your linux computer:

# ./autogen.sh
# CFLAGS="-march=native" ./configure
# make
# make install

MINING BITCOIN

In order to start mining bitcoin, use the following command:

# minerd -o stratum+tcp://btc.pool.minergate.com:3335 -u [email protected] -p x

YOUTUBE VIDEO

In our YOUTUBE channel, we offer a video showing you the step by step procedure.

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Thinking about start mining bitcoin on genesis mining. Is it really profitable?

Genesis mining is profitable but not in short time!You must have money(real) to invest in Hash Power(for Bitcoin starter package is 30$ and Best Buy Package is 350$, for other cryptocurrency prices can vary )!
You can see here all information you need--->https://www.genesis-mining.com/pricing;
Also if you are interested in other less small investments you can follow me and read my blog!

Cpu mining will get you how much..like 3000-4000 satoshis a day?

this is a 5 min tutorial that will answer questions like what is mine and how to mine ...it is not about getting money.

One of the bullets in the begining of the post says that if you are looking for money from cpu mining you should be mining monero.

it appears that minergate turoff the bitcoin pool this week

  ·  7 years ago Reveal Comment