Mine bitcoin with computer

Best Bitcoin Mining Software

Now that you already know about the best Bitcoin mining hardware, we’re going to talk about Bitcoin mining software.

What is Bitcoin Mining Software?

Bitcoin mining hardware handles the actual Bitcoin mining process, but:

Bitcoin mining software is equally as important.

  • If you are a solo miner: the mining software connects your Bitcoin miner to the blockchain.
  • If you mine with a pool: the software will connect you to your mining pool.
  • If you are cloud mining: you do not need mining software.

Mining Software Compared

Software Category Pricing Best Feature
Braiins OS+ Best Overall 1-2% depending on pool
  • A ton of security features
  • Stratum V2
  • Bulk device installation
Hive OS Best For MacOS $2/month per device Amazing mobile app

Quick Tip

Mining is not the fastest way to get bitcoins.

Buying bitcoin is the fastest way.

Importance of Bitcoin Mining Software

The main job of the software is to deliver the mining hardware’s work to the rest of the Bitcoin network and to receive the completed work from other miners on the network.

Bitcoin mining software monitors this input and output of your miner while also displaying statistics such as the speed of your miner, hashrate, fan speed and the temperature.

You may also need Bitcoin tax software in order to calculate your taxes owed. Just as an example, we have a great guide on how that software works to pay taxes on Coinbase buys.

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Bitcoin Wallets

One of the most important things you will need before using any kind of Bitcoin mining software is a wallet.

This is because all Bitcoin mining software will ask you for a Bitcoin address that will be used to send your mining rewards and payouts. Once you create or download a wallet you will be able to get a Bitcoin address from your wallet.

Check out our guide on how to add funds to your wallet.

There are many Bitcoin wallets, but these are the ones we recommend if you are just starting out:

  • Ledger Nano X – Secure Bitcoin hardware wallet for all platforms.
  • iOS Wallets – The most popular Bitcoin wallets for iOS.
  • Android Wallets – The most popular Bitcoin wallets on Android.
  • Desktop Wallets – The most popular Bitcoin wallets for desktop.

Now that we understand mining software and how it helps in the mining process, and you have your Bitcoin wallet and address, let’s look at different software on different operating systems.

Disclaimer: Mining Bitcoin is NOT the best way to get bitcoins. Buying Bitcoin is.

To buy bitcoin in your country, check our country guides:

…or visit our exchange finder if your country is not listed above.

Mining Software Overviews

Find the Right Software for You

So which software should you choose?

Let’s go over all the most important info for each mining software.

By the end, you should be able to pick the best bitcoin mining software for you.

Braiins OS+ Overview

Best Bitcoin Mining Software For Windows

Braiins OS is part of Satoshi Labs and is the creation of the original inventor of mining pools, Marek “Slush” Palatinus. You may also know Marek for his invention of the Trezor, the world’s first hardware wallet.

Unlike many other mining software and operating systems, Braiins is completely free. Satoshi Labs makes money off of Braiins OS by offering you incentives to join their Slush mining pool, although this is not required to use their software.

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Supported Hardware

Braains OS+ currently supports Antminer S9, S9i and S9j. Support for Antminer S17 and T17 are coming soon. Thankfully, Braiins OS+ makes the S9 family so much more efficient, that it can extend the life of your Antminer S9 ASICs. It achieves this life increase through better mining efficiency, which we will cover next.

Performance

With Braiins OS, you can increase the hashrate of your S9 up to 17+ Terrahashes per second.

Braiins OS+ can also take an S9 on low power mode and deliver 20% better performance than even an S9i.

For aging hardware like the S9 family, this is a crazy performance boost, so we can’t wait to see what Braiin’s will be able to do once they launch support for next gen Antminers like the S17 and T17.

While there is no up front cost to buying the software, you will need to pay Slushpool dev fees by directing 2% of your hashing power to their pool regardless of which pool you end up mining on. However, if you choose to mine with Slushpool for all 100% of your hashing power, that rate drops to 1%.

This is how Satoshi Labs makes money off of Braiins OS.

Features

Braiins OS boasts many features, such as:

  • Unlocked SSH
  • Automatic Updates to the OS firmware
  • Device installation on all your devices at once
  • Super Fast boot up speeds
  • Pre-heating to get mining faster
  • Complete fan control

Command Line

For the more traditional, tech-savvy users, Braiins offers a simple but robust command line interface for their mining software in addition to the more common graphical user interface that most people are used to. Both have their advantages, but many are more comfortable issuing commands with a keyboard instead of mouse clicks.

Two-Factor Authentication

According to Slushpool,

Every important change made to a user account requires email verification. We furthermore recommend enabling two-factor authentication using either TOTP mobile app or a hardware token (U2F). For even better protection, there is a possibility to lock your payout address so it can be only changed in future by a signed message from said address.

Slushpool takes the security of your earnings very seriously, which means a robust set of two-factor authentication options are at your disposal.

Technical Support

Braiin’s OS comes with some of the best documentation of all the mining software. If that doesn’t answer you questions you can reach out to Braiins for help or join their telegram.

Implementation of Stratum V2

Braiins OS+ has also implemented its Stratum V2 communication protocol. This protocol offers truly advanced features for power miners such as bandwidth load reductions, hash rate variance control, and hash rate hijacking protection.

It also comes with a nifty Proxy so that you can still use Stratum on other pools even if it isn’t supported by them.

Should You Use Braiins OS?

There is no one more experienced in mining software than Satoshi Labs, so you really can’t go wrong. These guys are constantly innovating, so even if you are running Linux, you won’t be disappointed in choosing Braiins.

That being said, if you don’t plan to start mining with Slushpool, be aware that you will essentially pay a 2% fee to Slushpool (in the form of redirecting 2% of your hashing power to them). By mining with Slushpool, that cuts in half and becomes very attractive.

For more info on mining pools and how to pick one, see our complete guide on mining pools.

Hive OS Overview

Best Bitcoin Mining Software For MacOS

Hive OS is a dashboard which allows miners to monitor and control all of their ASIC mining and GPUs from one centralized location. Doesn’t matter if they are made by Avalon or Nvidia — Hive OS has you covered.

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Centralization is a scary word in crypto but in this case it’s great. Instead of having to monitor miners with different programs, it’s now possible to keep track of everything using Hive’s beautiful, one-stop dashboard.

Hive OS supports Bitcoin (BTC), Eth (ETH), Bcash (BCH), (XMR) and many other coins.

Whether you have three rigs or a thousand, Hive OS can easily integrate with all of them. Installation is easy as Hive OS automatically detects mining rigs and adds them to the dashboard.

HEADS UP!

Mining or buying bitcoins? You can’t do either without a Bitcoin wallet.

Our guide on the best bitcoin wallets will help you pick one.

Tracking Metrics with Hive OS

As a full feature dashboard Hive OS allows miners to track a number of different metrics. That includes but is not limited to,

  • Hash rate
  • Online status
  • GPU errors
  • Pool configuration
  • Electricity usage
  • Team activity

What’s great about Hive is that all of this information can be accessed from anywhere in the world. That means that you can manage a mining operation from anywhere, you don’t have to be physically connected to the miners. You can even use Hive OS to update ASICs (all at one time, it’s not necessary to update them individually) or restart a GPU if it has frozen.

Quick Tip

Mining is not the fastest way to get bitcoins.

Buying bitcoin is the fastest way.

Besides updating their rigs Hive OS allows miners to do the following,

  • Change which coins are being mined. Bitcoin or BCH, Litecoin, Ethereum or Ethereum Classic, you can switch on the go if one coin becomes more profitable than another. You can use our profitability calculator as well.
  • Change miner configurations all at once, there’s no need to painstakingly change individual settings.
  • Change mining pools.

No matter what coins you’d like to mine Hive OS has you covered. They support more than 500 different currencies as well as 85 different mining rigs. To increase the efficiency of your miners Hive OS has firmware that can boost hash rates as well as cut down on energy usage by as much as 25%.

Pricing

Hive OS is surprisingly affordable at $2 per month per ASIC. For larger operations Hive offers discounts to any business with more than 500 miners. It’s also possible to receive Hive for free if you purchase the Hive firmware upgrade for your rigs.

There are a couple of other discounts available. If you deposit three months worth of funds into your account Hive will give you a 30% bonus on your purchase. You have to make the deposit all at once but otherwise there are few restriction on what it takes to qualify. There is also an additional 3% bonus if you make the deposit using a stablecoin like USDT or TUSD.

Easy Install

Setup is super simple with HIVE OS. All you have to do is download the software and it will automatically detect your rig and add them to the management dashboard.

ETH Mining Pool

For Ethereum miners Hive hosts its own mining pool which they claim is one of the most profitable anywhere. Hive mentions that due to their worldwide servers their pool is secure, efficient and also has a high payout. As of publication the expected daily earnings are $1.35 (0.00794 ETH) per 100 MH/s.

The minimum payout for the pool is 0.1 ETH and currently the pool charges no commission fee. There are three servers available. One in Russia, one in Europe and one in North America.

Quick Tip

Using mining software is not the fastest way to get bitcoins.

Try an exchange below for the fastest way to get bitcoins.

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Bitcoin Mining Guide — Getting started with Bitcoin mining

Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot.

How Bitcoin Mining Works

Before you start mining Bitcoin, it’s useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second.

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The Bitcoin network compensates Bitcoin miners for their effort by releasing bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued bitcoins and from the transaction fees included in the transactions validated when mining bitcoins. The more computing power you contribute then the greater your share of the reward.

Sometimes you may want to mine a more volatile altcoin like MWC which is superior for scalability, privacy, anonymity and fungibility by utilizing MimbleWimble in the base layer.

With mainnet launching in November 2019 it has risen from $0.22 to over $8.00 in its first two months.

Step 1 — Get The Best Bitcoin Mining Hardware

Purchasing Bitcoins — In some cases, you may need to purchase mining hardware with bitcoins. Today, you can purchase most hardware on Amazon. You also may want to check the bitcoin charts.

How To Start Bitcoin Mining

To begin mining bitcoins, you’ll need to acquire bitcoin mining hardware. In the early days of bitcoin, it was possible to mine with your computer CPU or high speed video processor card. Today that’s no longer possible. Custom Bitcoin ASIC chips offer performance up to 100x the capability of older systems have come to dominate the Bitcoin mining industry.

Bitcoin mining with anything less will consume more in electricity than you are likely to earn. It’s essential to mine bitcoins with the best bitcoin mining hardware built specifically for that purpose. Several companies such as Avalon offer excellent systems built specifically for bitcoin mining.

Best Bitcoin Cloud Mining Services

Another option is to purchase in Bitcoin cloud mining contracts. This greatly simplifies the process but increases risk because you do not control the actual physical hardware.

Being listed in this section is NOT an endorsement of these services. There have been a tremendous amount of Bitcoin cloud mining scams.

Hashflare Review: Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC. Customers must purchase at least 10 GH/s.

Genesis Mining Review: Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced. Zcash mining contracts are also available.

Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.

Minex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.

Minergate Review: Offers both pool and merged mining and cloud mining services for Bitcoin.

Hashnest Review: Hashnest is operated by Bitmain, the producer of the Antminer line of Bitcoin miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest’s website. At the time of writing one Antminer S7’s hash rate can be rented for $1,200.

Bitcoin Cloud Mining Review: Currently all Bitcoin Cloud Mining contracts are sold out.

NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers. Check its website for up-to-date prices.

Eobot Review: Start cloud mining Bitcoin with as little as $10. Eobot claims customers can break even in 14 months.

MineOnCloud Review: MineOnCloud currently has about 35 TH/s of mining equipment for rent in the cloud. Some miners available for rent include AntMiner S4s and S5s.

Bitcoin Mining Hardware Comparison

Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are:

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