A share on a pool is to show the miner has successfully worked out a given problem, so the more shares you can process the better your reward from the pool.ĭetailed information on accepted shares and pool updates. The more hashes that can be processed the faster it is able to solve the problem. So a miner is used to process millions of numbers in an effort to match the hash to guess the original number. A hash is an algorithm of converting numbers and letters into an undecryptable set of characters. The number of hashes a second that can be calculated the better. Current mining speed, typically calculated in megahashes or gigahashes. That’s a lot of numbers, so I’ll make some of them a bit clearer. Finally, the password that was set when you created the worker. The username section is composed of two parts, the username that you use to login to the pool, and worker which is the worker name you gave when you registered the worker. bfgminer -o :3333 -O username.worker:password -S all To do this, providing you're using Slush’s pool, you’ll use the following command: Now you're ready to set your Raspberry Pi mining for Bitcoin. Whilst you are on My Accountclick Register New Worker and give it a name, for example worker, and a password. Within your pool account you have the ability to create something called a worker for each of your bitcoin miners, so you're able to monitor them all separately just in case one should fail.Įach worker has its own login name and password. Next step is to create a worker login account. Once you have created a pool account, you'll need to enter your unique wallet address into the Bitcoin payout address. There are many pools around, in this tutorial I’ll be using one called Slush’s pool: Working as a group, or pool, lets everyone have a chance of earning some Bitcoin. Due to the complexity of mining a bitcoin, it has become unrealistic to solo mine–the act of processing millions of numbers to solve the block problem. A pool is a huge collection of other people working towards gaining bitcoins. If you lose this file, you cannot recover any bitcoins it contained.Ĭreate a Pool Account Once you have a wallet address, create a pool account. Download the client for your computer from Īfter installation, you will have to save a file called wallet.dat, keep this file safe, as this contains your unique wallet address within it, including all bitcoins that you will gain. Then from there, you can continue following the compilation according to adafruit which is tar xvf cgminer-3.6.1.tar.bz2Īnd then make a pool.A wallet is a program that sits on your computer and gives you a wallet address, this is a unique string of numbers and letters that you will use to receive bitcoins. Well, enough time has passed, and I found out that they are up with v3.6.1 which we downloaded. I was having problems actually reading the data that was coming down from many of the pools and it turned out that cgminer is too old (This is because at the time the suggested 3.1.1 as there were interface issues ASIC mining. I not only did not want to output to screen because I telnet into my Pi and I just use the “screen” command to minimize it in the background whenever I log out. In 3-4-6 months, I might not only pay for the ASIC block eruptor but the Raspberry Pi itself!įollowing Adafruits entry on bitcoin mining. But it’s one more thing for my Pi to do, and who knows. We’re not overly serious about Bitcoin and also are fully aware that the hash rate I am running at is pathetic now that ASIC miners are everywhere. We decided to out my Pi to work on getting me bitcoin currency. Because it runs on a 24/7 basis that means that I’m pissing 3 watts of power non-stop. My Raspberry Pi runs almost 24/7 with some of the projects that we’ve done in the past such as OpenSIM and installing Airplay onto it so that we can send music to the amplifier to my living room and even running some P2P programs to get my latest Linux distros faster. Raspberry Pi with CGMiner making the bitcoins.
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