Thursday, February 7, 2013

How To Join A Mining Pool (CPU Edition)

Update 1, 09/11/2013: Download this Bitcoin Mining Package I prepared, read the README.txt inside and then read this tutorial. (Note: browsers and antivirus software consider miner programs are malware, so you might get a warning. Ignore it!)

Have you got your digital wallet set up? Nice! Have you collected your first bitcoins from some of these websites? Great! Then I guess your next logical step is to get a first taste of Bitcoin Mining!



Become a happy Bitcoin Miner!



What Is This All About?

  • Conventional money is made out of thin air. Bitcoins are created by computers running a special program called a "Bitcoin Miner". 
  • Without getting too much into details, let's say that this program solves computationally difficult problems, and if it succeeds, you get rewarded by a certain amount of bitcoins (25฿ at this moment). Read more about this here.
  • As you can expect, there's a huge competition between miners to be the ones who solve this problem and get the full 25฿. Nowadays it's pretty difficult to invest on bitcoin mining hardware (and electricity!) and turn a profit. Read more here.
  • Here's where Mining Pools come in handy. A mining pool is a group of computers running the bitcoin miner program. When one of them solves the computationally difficult problem and gets the 25฿, the bitcoins are shared between all the computers of the pool; this way, each participant gets a share of the bounty, even if it wasn't the one which solved the problem. More information here.


Arrrrrrr! I got this bounty of Bitcoins with my friends!


That Sounds Cool. How Do I Join One Of These Pools?

This was really difficult to figure out on my own when I got into the Bitcoin world, even with all the tutorials you can find around. I'll tell you the exact steps you must take in order to join a especific pool. After this, you'll be able to join any mining pool you wish:

  1. Update 1, 09/11/2013: Download this Bitcoin Mining Package I prepared, read the README.txt inside and forget about points 2 and 7. Joining a pool works almost the same for every mining pool. (Note: browsers and antivirus software consider miner programs are malware, so you might get a warning. Ignore it!)
  2. Download the Ufasoft Coin program and install it. It's one of the most used bitcoin miners in the world.
  3. Go to this website and create an account (click on "Register Account" and complete your details).
  4. Once you are logged in on this website with your newly created account, go to the "Account" section and change your payout address (enter your bitcoin address so as they know where they must send the bitcoins you mine).
  5. Now go to the "Workers" section. Add a new worker with its name (which could simply be "Worker") and its password (for example, "P").
  6. You'll see now that at the bottom of the page your worker has been created. Its name will have the format "YourAccount_WorkerName".
  7. Now download this file and place it in the Ufasoft Coin installation folder (which will surely be C:/Program Files/Ufasoft/Coin/).
  8. Select the file and open it with a text editor.
  9. Substitute the field "[WorkerName]" with the name of the worker you just created and "[Password]" with the password associated to your worker (it should be something like "...http://YourAccount_Worker:P@..." after the edition). Save the file (its name should be "StartMining.bat").
  10. Double-click the file. If you did everything correctly, a command prompt window will open and your computer will start mining bitcoins. Let this window open and wait until you get some shares. It could take minutes... Or hours. Don't despair. Bitcoin mining is a bit like fishing. You've got to wait.
  11. Explore the website where you made your account to learn more about how this mining pool works.

This Is Too Difficult!

Really? Hmmm... May I help you with an image of the whole process? Update 1, 09/11/2013: Download this Bitcoin Mining Package instead of the two files shown on this image:



(Click to expand)


If you still have any problems to make it work, don't hesitate to ask in the comments.

Happy mining!

Next step: Site Review: SatoshiDice



Get Free Bitcoins From These Websites

This list is checked daily to ensure that all of these websites actually send free bitcoins!:

Daily Bitcoins (read our review here)
CoinAd (read our review here) (and read this too)
BitVisitor (read our review here)
Earn Free Bitcoins (read our review here)
CoinVisitor (read our review here) (and read this too) (and this!)
BitCoin4YOU (read our review here)
Bunny Run (read our review here)
Bitcoiner (read our review here)
Bitcoin Faucet (read our review here)
CoinTicket (read our review here)
Coin Reaper (read our review here)
BTC For Me (read our review here)
Free BTC PT (read our review here)
BitSprinkle (read our review here)
Bit Hits
Omnicoins (read this post first!)

Do you know of any other website that gives bitcoins for free? Tell us on the comments!

24 comments:

  1. Download permission denied by uploader. (0b67c2f5)
    hello
    this the messages i get in rapidshare when a try to download de files.

    ReplyDelete
    Replies
    1. You are right... I forgot to set the files available for public download. Now it should be fixed. Sorry! (I also wonder why the hundreds of visitors which read this article before you didn't tell me)

      Delete
  2. how long does it take, for mining JUST FOR 1 BTC?
    and does it consume more electricity? or it takes some of bitcoin we have earn at free sites?

    sorry if i ask too much :)

    ReplyDelete
    Replies
    1. Check out this tool to know how much you'll earn!: http://www.bitcoinx.com/profit/

      Delete
    2. but how if I want 2 shutdown my computer? just close the prompt window?

      Delete
    3. Yes, but then you'll also stop mining. "Serious" miners have their setups mining 24 hours a day! :-)

      Delete
    4. Haha, you're right :)
      but if i shut it down, i have my btc amount drops, especially if mty computer start to sleep. It is happen to the other people

      can u give me advice for standard mining time, not "serious" mining? please^^

      Delete
    5. I don't understand what advice you need. Just leave the command prompt open for as long as possible.

      Delete
  3. When I open the StartMining.bat file after doing all the steps, a command prompt opens and closes quickly and .db files start popping into the Ufasoft/Coin folder and files start changing their sizes constantly. Idk if this is supposed to happen or what.

    ReplyDelete
    Replies
    1. No, that should not happen. It's happened to me on other computers I've tried to mine on but I've not spent any time trying to make them work correctly after that. The command prompt should stay open and inform you of the mining process (server connection, new blocks found, shares received).

      Delete
    2. Do you have any tips to try and fix it?

      Delete
    3. I don't know. Run as administrator? Open a command prompt, navigate to the directory with the files and execute from there to see what's wrong?

      Delete
  4. hi, i followed all the instructions but when i run the bat file
    i get this
    =================================
    Using CPU (2 threads)
    HTTP 401: Unauthorized
    HTTP 401: Unauthorized
    HTTP 401: Unauthorized
    HTTP 401: UnauthorizedPU threads
    HTTP 401: UnauthorizedPU threads
    HTTP 401: UnauthorizedPU threads
    HTTP 401: UnauthorizedPU threads
    0 kHash/s 2 CPU threads
    =====================================
    and so on, i also can't make the guiminer to work,
    i specify that i am trying this for CPU mining, my laptop have integrated video card

    Thanks

    ReplyDelete
    Replies
    1. Try using one thread instead of two (edit the bat file for that). It may also be a problem of your network or of TripleMining's network. You can try joining other mining pools. You'll see the only thing you've got to change to mine on them is the URL specified on the bat file. Oh, and the name of your worker. All mining pools are similar. If they don't let you add a password to your worker it means you can put anything you want on the bat file.

      Delete
  5. Hello Sir,
    And thank you for you blog , it has been helpful though i have not been able earn a single coin tell date but i tell you am so grateful for ur work coz i have learn alot .But plz may i know on average how long can it take for some one with a standard Pentium m laptop owner to make his first coin using this tape of manning ?

    ReplyDelete
    Replies
    1. Hello and thanks for your kind words!

      You won't like the answer to your question though: "Years"... Electricity will cost you more than the coin you might eventually make.

      Delete
  6. thanks for your reply, i changed the bat for 1 thread, i get the same result

    HTTP 401: UnauthorizedPU threads

    thanks, i tried but can't mine...

    ReplyDelete
    Replies
    1. I'm sorry to hear that. There must be a network problem on either end...

      Delete
  7. "File not Found"

    this the messages appear in rapidshare when a try to conect to "files". Post the archieve here please.

    ReplyDelete