10 Best Bitcoin Mining Software [Earn Bitcoin on your PC]

What is Gridcoin and how to get started?

Gridcoin is a cryptocurrency that rewards researching for BOINC projects (https://boinc.berkeley.edu/) in a decentralized way.
There are BOINC projects, that for example cure Ebola (http://www.worldcommunitygrid.org/research/oet1/overview.do), fold proteins (https://boinc.bakerlab.org/) or find aliens (http://setiathome.ssl.berkeley.edu/) and many more.
Just like in bitcoin there is a fixed rate of newly minted coins given out every day. But unlike Bitcoin, miners compete in doing calculations for actual research projects to earn coins. Gridcoin is based on Proof of Stake, but with the modification that the PoS reward gets bigger dependig on how much research you do compared to your fellow researchers.
In order to achieve this, all clients regularly query the whitelisted BOINC projects and come to a consensus, how much research was done by each user in the so called "Neural Network". This information is then stored on the blockchain and is the basis for how much a researcher gets when he stakes the next block.
The best way to get started with Gridcoin is on the official page: www.gridcoin.us. There are tutorials for both solo-mining and pool-mining. There is also a pretty good tutorial for solo-mining on youtube: https://www.youtube.com/watch?v=jX78dSvg8kg
The main sources of information about Gridcoin besides this subreddit are the forum (https://cryptocointalk.com/forum/464-gridcoin-grc/) and IRC (https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin-help).
submitted by nctr to gridcoin [link] [comments]

What is Gridcoin?

Basically Gridcoin is a cryptocurrency like Bitcoin, but instead of solving useless hashes to mine Bitcoins, you have to run scientific simulations to solve cancer, make new renewable energy solutions or create AI.
Bitcoin is a great idea that has enormous potential as the currency of the future, but the mining is wasteful and useless as ensuring the security of the network can be done with a lot less waste of energy and the competitive element of who earns newly created coins can be done with a competition who gives most computing power to science.
The whole system is decentralized, the only centralized part is a whitelist that has the information which BOINC projects should be rewarded, that is currently curated by an administrator, but this will soon be replaced by incoin-voting, so that the community determines which projects are supported.
This is proof of all the work that has already been done by our miners: http://boincstats.com/en/stats/-1/team/detail/118094994/overview
Tutorial to get started: http://wiki.gridcoin.us/Mining_setup
More information: https://cryptocointalk.com/topic/31900-anngrc-gridcoin-research-a-secure-blockchain-developed-on-the-philosophy-of-benefiting-humanity/
submitted by nctr to gridcoin [link] [comments]

72-hour Peercoin Press Rush Discussion Thread

The official peercointalk 72 hour Press Rush threads can be found here, and while you can discuss things there, if you want to discuss them here(on reddit) you can do it in this thread.(note; that's not to say stop posting links, just if you want a common thread for discussion here you go)
I'll just post some of the instructions given there(as of 9pm UTC)
  1. Make a comment under each article A. example; article "Bitcoin is soaring in price" -> "It's nice to see the public finally starting to learn about top cryptos such as Bitcoin and Peercoin (PPC) B. Not sure what else to include? Talk about Trekcon, talk about our active community, talk about Peercoin being energy efficient..
  2. Keep track of the user accounts you created for each article (makes it easier next time)
Peercoin Facebook Group
ArsTechnica article
ABC News article
Forbes article
Business Insider
MTGox Exchange (request support of Peercoin (PPC) on their exchange)
Star Trek subreddit post regarding peercoin
Live Twitter Mentions of Peercoin (please tweet where mentioned)
submitted by Bagog- to peercoin [link] [comments]

The ultimate BottlecapsCoin (Shortcode: "CAP") Thread!

Hey fellow wastelanders!
Since I am a Fallout addict myself and recently got into the digital crypto currency which is inspired by Fallout I decided to open up this thread for dicussions and maybe helping some people to get into this. (Maybe the moderators can pin this thread to get this nice thing the full attention to the wastelanders that haven't noticed the existence of CAP. There's a subreddit for CAP but it's nearly empty, maybe it's a good idea to keep it on Fallout.)


BottlecapsCoin, or short CAP, is the crypto currency made for Fallout fans! It's a 100% digital based currency! You can send and receive BottlecapsCoins with your very own wallet client.


Because it's great fun! And if all war breaks lose, we all have our BottlecapsCoins save!


Easy! Just head over to https://docs.google.com/file/d/0B0V-7FME2rcyd254QXUtNjZwSWs/edit?usp=sharing to get the latest client. It's still in developtment and the developer is active, so it's far from dead. You may notice that it says "Blockchain too old" when you launched it and it has synchronized - don't worry about that, you can ignore this message. I think it may get fixed with the next client release. It also may take a few minutes to start. The wallet client will show your wallet address which is can be used to receive coins. This wallet address is always the same and only you have this address, there is no one out there with the same address! If you delete your wallet.dat file and restart your client you get a new address. But that's not needed because you can generate as much wallet addresses you like with 1 client and use it for sending & receiving. All of them are still stored in your wallet.dat file.


You have many different ways to get your hands on some CAP! 1) You can always mine them "solo" or within a "pool". Solo: You mine with your own GPU and/or CPU power and try your luck to find a so called "block". A block currently contains 10 CAP. If you find one, you get it instantly into your wallet! But you may expect days or weeks when you find nothing and get 0 CAP. This is where pools come into play! You can join a mining pool where many miners throw the power of their computers together to find blocks. If one of them finds one block the amount will be divided and given to all miners. So pool mining is the best choice because you always get CAP coins, no matter if you find a block or not.
2) You can convert some amount that's cool for you of your USD/EUR to CAP on various different exchange websites! You also can convert some other crypto currency into CAP if you have one. (Bitcoin -> CAP or what you like)


The more miners jump into mining these coins, the higher the difficulty to find blocks is getting. The higher the difficulty is getting, the lower will be the rewards you receive. Right now the difficulty is pretty good for newcomers, even those that don't have a big gaming rig with expensive graphics cards. It will jump higher over time, but that doesn't mean the currency is dead! The difficulty also regulates itself. If more miners stop mining this, the difficulty is going down.


This is one of the greatest things with a crypto currency: There is no bank! Everyone that has the client ("wallet") acts as his own bank - isn't that a nice thing? You just need to backup your wallet.dat file which is located in /Username/AppData/Roaming/, there you will find a folder named BottlecapsCoin which holds the wallet.dat file. This file is where your Bottlecaps are sitting. Dropbox or a USB drive is great for a backup. If you lose the wallet file with a harddrive crash, your coins are also gone.


The network itself is secure. You just need to make sure your PC isn't infected with loads of trojans and viruses which may steal your coins. You can also secure your wallet.dat file with a passphrase within the client.


Right now it's too new to have it accepted by stores and stuff. Also (in my opinion) this might be more useful for tipping and buying things from users directly. You are great at creating beautiful custom Fallout wallpaper? Publish your wallet address with a release of your work so people who like it can send you some CAP! You are good at video editing and would love to cut a cool video story together? Don't forget to publish your wallet address!


That's because traders who are in for making profit are speculating on future prices. Right now if someone sneezes the price changes. We will see a more stable price in the future soon, but like all new and great things: It needs time. So be patient. If you like to gamble with the prices or simply hold some CAP overtime for profit, feel free to do so! You have many exchange websites to do this. We all don't know if we might see a new Fallout with official Multiplayer support and new things.


Current thread where the developer stops by every now and then: https://cryptocointalk.com/topic/1117-bottlecaps-cap-information/
Direct link to the latest wallet: https://docs.google.com/file/d/0B0V-7FME2rcyd254QXUtNjZwSWs/edit?usp=sharing
Mining pools: http://www.bottlecapspool.com/ https://coinex.pw/mining/pools/CAP https://www.multipool.us/ http://cap.coinmine.pl/
Exchange websites: http://www.cryptsy.com/ http://www.coinex.pw
Web casinos: http://www.coincasino.cc/ http://lotto.coinworld.us/ http://cryptoblackjack.kicks-ass.net/index.php?coin_type=21
I hope this thread helps some people that didn't know about this and had some major questions about crypto currencies in general.
If you have questions: Don't think about asking - just ask! Happy to help :)
If you find this thread helpful and would like to tip me some CAP, I am happy for everything! My wallet address is:
submitted by theDewwd to Fallout [link] [comments]

Virtacoin is on the way to become second cryptocoin along with Bitcoin be accepted use for worldwide payment.

May be you have ever heared about one cryptocoin is Virtacoin (VTA), but i still want to tell you again :
“ VirtaCoin was launched on July 1, 2014 on its official website at www.virtacoin.com by VirtaPay (a former virtual currency and online payment website) in order to give its over 02 millions members access to virtual funds or VP$ that they were accumulating since September 2010. In late December 2013 it was announced by VirtaPay that they would be converting their entire system into a cryptocurrency similarly to the popular Bitcoin, thus 6 months later VirtaCoin was born. For more information on the history of VirtaCoin click here.”
Virtacoin is distributed uniform to all people on the world for 04 years, Virtacoin has not a significant amount of VTA controlled by a small group of owners. Virtacoin will not give rise to the same problems BitCoin is facing : market manipulation and instable prices. Virtacoin will be "People's Coin" should aim for STABILITY and STEADY growth and keep the speculators at bay. VTA communication are growing the VTA market in such a way, that people who buy VirtaCoin can rely on its value to never go down. There are hundreds of 'altcoins' and all other crypto coins are focussed on quick profits through speculation. Virtacoin takes the road less travelled - focussing on growth through mouth-to-mouth promotion. That is a slow process in the beginning but it will pick up pace exponentially as time goes by. THIS IS DIFFERENCE OF VIRTACOIN COMPARE WITH ALL OTHER ALTCOIN.
More specially, Virtacoin has not central developer group (because launch history of Virtacoin), now Virtacoin has over 2.5 MILLIONS OWNERS on the world, this number is LARGER THAN MANY TIME OWNERS AMOUNT OF ANY OTHER ALTCOIN on the market and all member are working hardly to make marketplace VTA, become the coin be accepted to use as currency for payment, spend and buy sell product, commodity, services, etc… like as Bitcoin, THIS IS NO ALTCOIN HAS.
The purpose of Virtacoin communication is develop Virtacoin become second cryptocoin along with Bitcoin be accepted use for wolrdwide payment.
Virtacoin have enough base to success. There are 06 exchangers for VTA:
and buy/sell directly VTA with USD via Paypal, Skrill, Egopay at http://virtapaymall.com/stripe/virtacoin-promotion-fund/
I want to suggest to your service use VTA as your payment method like as BTC. Please listen my invitation, Virtacoin has very great potential ! Thanks! If you need more information about Virtacoin, please see at these below link :
Office website: http://www.virtacoin.com/
Online wallet: http://virtacoinwallet.eu/
Blog about development for VTA : http://www.mousetraptraffic.com/blog
Projects for Virtacoin: http://www.virtashare.virtacoinmall.com/wp/?page_id=7
Game for virtacoin: http://virtacrypto.virtacoinmall.com/ and http://virtadice.virtacoinmall.com/welcome
Virtacoin pool: http://vta.coin-miners.info/ and http://virtacoin-pool.tk:8080/
Explorer: http://blockexplorers.com/ and http://blockexplorers.com/
Information about Virtacoin:
submitted by huyhpvn to asiacoin [link] [comments]

GUIDE: Coin launches and being prepared.

New CryptoCoin launch preperation guide;
I've created this short guide for new users who want to jump in on the mining of a newly launched coins. Being prepared and getting on the network immediately will lead to you finding the earliest blocks (some coins have block rewards that are higher in the beginning)
Step One - Prepare the Data/Wallet directory
The first step in this guide will be to setup the directory that will hold your wallet data, config file and blockchain store. We want to set this up first so we can immediately start solo mining without screwing around with settings that are common across all CryptoCoin wallets.
Windows 7/8; C:\Users\YOURUSERNAME\Appdata\Roaming\COIN_NAME
Windows XP; C:\Documents and Settings\YOURUSERNAME\Appdata\Roaming\COIN_NAME
Linux; ~/.coinname/
MacOS X - ~/Library/Application Support/
Create a directory in one of the above directories that will match the name of the coin (ie: Bitcoin). In this directory we are going to make the default .conf file;
Default options listed in the COINNAME.conf will be as follows;
Change the rpcport parameter to a generic port # if you plan on only having one batch file to start solo mining. WARNING, this method will interfere with mining if multiple wallets are running using the same port number. If the launch forum post lists default rpcport #s, use them instead of one generic port. (cryptocointalk/bitcointalk).
Pay attention to the original launch information forum post, adding nodes with addnode=ipaddress, can help speed up node discovery and wallet sync. You can add these options fairly quickly with a cut and paste.
If you have multiple rigs and plan to throw their hashes at the wallet if it's not on the same machine, use the .conf option rpcallowip=your.network.address.* (eg: rpcallowip=192.168.0.*).
Step Two - Create your .bat file
If you've been mining for awhile, this should be a simple step, otherwise, it is beyond this tutorial on how to fine tune your mining software.
The .bat file should only be a few lines long;
cgminer --scrypt -o -u YOUR_USERNAME -p YOUR_PASSWORD the_rest_of_your_miner_config_here
This is the default for scrypt mining. Always pay attention to the announcement post for specific mining options (CPU only, keccek, scrypt-n, etc).
Change the IP address in -o option to your wallet machines ip address, should be you mining from a different machine. (making sure to set the above rpcallowip= correctly)
note: adding gen=1 to your config file will automatically start the wallets internal block generation routine, by passing the need to start your mining software. Just remember to edit this option later if you run the wallet continually and do no plan to directly mine.
Step Three - Mine!
Download and install/extract wallet, run the wallet. If everything is set correctly, you should be ahead of the game and finding blocks very quickly.
If you've found this post informative, I'm never opposed to receiving gifts of Litecoin :D LXFE81zFSTkzsV1TrRCtdy781F1aiEfYHe
also: If you have any additions to this guide, please PM or comment, so that I may correct any errors I may have included.
edit: formatting.
submitted by agentneuron to CryptoCurrency [link] [comments]

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