Thank you for reading! 06:48:46 Binding thread 1 to cpu 1 06:48:46 Binding thread 0 to cpu 0 06:48:53 thread 2: 2097152 hashes, 9563 khash/s 06:48:53 thread 3: 2097152 hashes, 9554 khash/s 06:48:53 thread 0: 2097152 hashes, 9543 khash/s 06:48:53 thread 1: 2097152 hashes, 9566 khash/s. If you have any comments, additions or questions, please leave them in the form below! The only purpose you should use this for is if youre curious what the flip bitcoin is and how all of this works. If you dont specify the -a sha256d option, you will get output that resembles this: 06:50:18 Starting Stratum on stratumtcp:m:3333 06:50:18 4 miner threads started, using 'scrypt' algorithm. The lines followed by (yay!) are a little indicator of successfully submitted progress, which you later can see in your mining pools interface. Its pretty small, but allows some OpenID logins, takes 1 off my mining efforts as a fee and seems like a legit place from what I could read on forums. This activity is called mining and is rewarded by transaction fees and newly created bitcoins. Update: You might be interested in mining Monero with your CPU. Mining for t:8332 2 threads Using SSE2, switching to t:8332.07 MHash/s. The one I found for using your CPU was funnily enough one named cpuminer.
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It shows you statistics for how much your individual workers make and how much of a bitcoin block you have contributed to mining. Its the most recognized cryptocurrency, its probably explained better by Wikipedia: Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. You can also tweet them at me If you want to read more like this, follow me on feedly or other rss readers. If you have not a lot of experience in the terminal, you can use something like the following commands, if you have downloaded cpuminer from the sourceforge page that fits your operating system. Now on its own its not going to do a lot, but actually well have to hook it up to a mining pool, if we dont have the entire 6GB bitcoin ledger so far and a server center and. Tar zxf chmod x minderd # making sure it's executable. WikiPedia: Bitcoin, if you want to have a look at a really basic explanation of bitcoin, they have an official video for that: As said before, your CPU is not a good mining interface, because graphic cards and specialised hardware like fpgas and asics are. Now thats basically it! This will not mine you any bitcoins. 06:52:01 accepted: 1/1 (100.00 36441 khash/s (yay!) which goes on for a loooong time and keeps spitting out lines like this. If you have specialised hardware, you basically just use another program, which Ill get into later in the series of posts My CPU by the way is the following: CPU: Quad core Intel Core i5-4440 CPU (-MCP-) cache: 6144 KB flags: (lm nx sse sse2.