Difference between revisions of "Bitcoin"

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Revision as of 12:23, 22 January 2020

Bitcoin
Ticker symbolBTC, XBT
Mining
โŒ Cannot be efficiently mined with CPU
โŒ Cannot be efficiently mined with GPU
โœ… can be efficiently mined with ASIC
Development
Original authorSatoshi Nakamoto
Initial release0.1.0 / January 9, 2009; 15 years ago (2009-Error: Invalid time.-09)
Websitehttp://bitcoin.org
Ledger
Supply limit21,000,000

Mining guide

Get suitable hardware

View our miners page to discover the most profitable ASIC machines for BTC.

Configure the miner

Your miner must be connected to one of the F2Pool servers listed below and you must use a mining account registered on F2Pool for your hashrate and revenue to be recorded and monitored.

  • ๐Ÿ‡ช๐Ÿ‡บ EU โ€” stratum+tcp://btc-eu.f2pool.com:3333
  • ๐Ÿ‡ท๐Ÿ‡บ RU โ€” stratum+tcp://btc-mow.f2pool.com:3333
  • ๐Ÿ‡บ๐Ÿ‡ธ NA โ€” stratum+tcp://btc-us.f2pool.com:3333
  • ๐Ÿ‡จ๐Ÿ‡ณ CN โ€” stratum+tcp://btc.f2pool.com:1314
  • ๐Ÿ‡ญ๐Ÿ‡ฐ HK โ€” stratum+tcp://btc-hk.f2pool.com:3333
  • ๐Ÿ‡ธ๐Ÿ‡ฌ SG โ€” stratum+tcp://btc-sg.f2pool.com:3333

Ports 1314, 3333 and 25 can be used as alternative ports for each server.

Enter the following information on your mining device:

  • URL: stratum+tcp://btc-eu.f2pool.com:3333
  • Username: username.workerName
  • Password: anything

Note: workerName is optional, however we recommend connecting each mining device with a separate workerName for efficient monitoring.

Add a payout address

A payout address is required to receive your mining revenue, and you can add/change your payout address from Payout Settings.

Mining revenue is distributed daily to every user that reaches the payout threshold. The payout threshold is 0.005 BTC and details about payout method, fees and threshold can be found here.

If you do not have an address yet, you need to get a wallet first. We recommend Cobo Wallet and Bixin Wallet. You can find an extensive list of wallet options on bitcoin.org. Alternatively you can choose a custodial wallet (exchange) such as Binance or OKEx.

Set up and receive merged mining rewards (ELA, VCASH, NMC)

While mining BTC, miners can also receive merged mining rewards for ELA, VCASH, and NMC. View our helpful Merged Mining guide to set up and start receiving your daily payouts.

Please note: Unlike your BTC revenue, merged mining rewards do not accumulate in your balance unless you have set up the payout address.