BitcoiNote is designed to be mined from anywhere, by anyone. Our vision is to make BTCN the coin for everyone, even those mining from a mobile device. Therefore, BitcoiNote was designed with CPU mining and mining from dedicated PCs in mind.
Some of you have been asking how they can get the best performance and hashrate when mining. Since we’re here to help, we wanted to provide you with the best information on this. Follow these steps to make the most out of CPU mining on your dedicated PC.
1. Get the BitcoiNote Wallet
Our wallet application for Windows and Linux allows you to mine BitcoiNote straight from the wallet application on your dedicated PC. Download the application from our website, open it and create your BitcoiNote wallet. Make sure to set a secure password for your wallet.
2. Set up a pool
Click “Mining” in the sidebar and drag the pool you wish to mine to the top of the list. By default, the official BitcoiNote Pool is set up here. You can start mining simply by clicking “Start mining”.
You can find a full list of available pools on our website. To add another pool just follow these steps:
- Enter the “Mining Pool Address” from the desired pool in the “Host” field.
- Enter the “Port” you’d like to use (see point 5 for details).
- Set the difficulty level (see point 5 for details).
- Click “Add pool”.
- You can drag & drop the pools in the list. The one at the top will be used when you click “Start mining”.
3. Pool selection strategy
We recommend to set up more than one pool at all times. This ensure continuous mining performance. Two options are offered under “Pool selection strategy”:
- Failover: the application starts mining the first pool in the list. This list can be rearranged using drag and drop. If one pool is not available, the next pool in the list will be used.
- Random: the application will select a random pool in the list to mine. If that pool can not be mined, it will select another random pool from the list.
Be sure to check all the pools and their configuration to make sure you select the pool(s) that best fit your needs.
4. Select the number of CPUs you want to use
Under “CPU Cores” you can select the number of CPUs you would like to use for mining. The number of CPUs shown in the drop-down is based on the number of CPUs available in your device.
Using more CPUs means the hashrate will increase. We therefore recommend to use more CPUs when possible to achieve a higher hashrate.
5. Set the difficulty
Most pools offer various ports you can set up when adding a pool to your pools list in the wallet. Enter the desired port number in “Port” field. Each port will usually come with a different starting difficulty level. When mining, the difficulty level will adapt automatically.
Setting a different difficulty level wil have an effect on the blocks found while mining. The higher the difficulty the higher the probability that a submitted share counts as a found block, but it does take longer to find a share with a high difficulty. We recommend trying what works best for your CPU power.
Some pools also allow you to set the difficulty level yourself, instead of choosing from the ports offered by the pool. If this is the case, you fill out the “Difficulty” field when adding a new pool.
What do you think?
We hope these suggestions help you make the most out of mining BitcoiNote!
If you have any questions or suggestions, feel free to reach out to our active community on one of the following channels: