Cgminer is a cross-platform program that is used in mining crypto-currency with the support from SHA-256 along with the scrypt algorithms and drivers for a vast range of mining hardware.
Installing the Cgminer on your Raspberry Pi is relatively easy, and as a result, in this article, we shall be showing you how to install Cgminer on Raspberry Pi. For newbies, the whole process can be challenging; however, it is fun, and when fully understood, the installation process will be a breeze.
Installing Cgminer on Raspberry Pi
Bitcoin is by far the most famous cryptocurrency, which is a form of electronic cash. Bitcoin is a digital currency that is decentralized and does not feature a central bank or an administrator that can be sent from one user to the other through the Bitcoin network.
Usually, there are two methods in which you can obtain Bitcoin; purchasing and mining; therefore, in this article, we shall be discussing how to install Cgminer to facilitate cryptocurrency mining on your Raspberry Pi.
Cgminer is responsible for mining cryptocurrency. To do this, it uses USB Miner’s power and searches for blocks. However, before installing Cgminer on your Raspberry Pi, you will have to connect your Pi through console or ssh cable. Once this is done, you will need to check if all the pre-existing software is updated. To do that, you will have to key in a sudo command.
Once the update is complete, you will go ahead and install the Cgminer’s software dependency. You will do this by entering the appropriate sudo command.
With the dependencies in place, you will go ahead and download your Cgminer software. It would be best if you considered using the right command to achieve this.
You will then go ahead and decompress the file once you are done with the download. You will need to use a command and then go ahead and move it to a decompressed.
You will have to configure your software, allowing it to be used with the Block Erupter device. To achieve this, you should key in this command. /configure –enable-icarus.
Go ahead and make a program, and you will be done with the installation process of your Cgminer. You will then click enter to return home. As you can see, installing a Cgminer on you Raspberry Pi is straightforward and does not require any advanced skills.
Before you commence on installing a Cgminer on your Raspberry Pi, you will need to ensure that you have RaspbianOS installed or any other functional operating system on your Raspberry Pi.
How to create a Bitcoin wallet
With your Cgminer in place, you might now want to start mining Bitcoin with your Raspberry Pi. When mining Bitcoin, you will require a Bitcoin wallet for storage. There are two types of Bitcoin wallets; offline and online.
The online Bitcoin wallet will require an internet connection in order to access it. This means that you will have to enter the username along with a password when accessing your Bitcoin wallet from an electronic device. You will not have to worry about backing it up or maintenance.
On the other hand, an offline Bitcoin wallet helps in storing your Bitcoins on your computer. Furthermore, they don’t require the internet in order to access them. However, unlike the online Bitcoin wallet, the offline Bitcoin wallet requires running on a computer with ample storage, and you will be responsible for your Bitcoin wallet.
Usually, it is highly recommended that you create a backup each week and save your Bitcoins on several devices. When you lose your computer, and you have no backup, then you will end up losing your Bitcoins. Therefore, backing up your Bitcoin on a different computer when using an offline Bitcoin wallet is vital.
In order to create your Bitcoin wallet on a Raspberry Pi, you will have to follow these vital steps:
- Visit coin.space
- Go ahead and select create a new wallet
- Once that is done, you will select generate a passphrase
- You should consider saving your passphrase in a place where you can find it easily. Always make various backups for your passphrase
- With that done, select set your pin
- You will go ahead and set your pin, allowing you quick access.
Once you are done with that process, your Bitcoin wallet will be ready.
Entering a mining pool
If you are wondering what a mining pool is, this is pooling resources by a miner who shares the processing power over a network, allowing them to split equally their reward. They distribute in accordance with the amount of effort each has contributed to a probability of getting a block.
To enter a mining pool, you will have to follow these steps:
- You will have to sign up for the Slushpool
- Once that is done, you will go ahead and open your profile settings. To do this, you will click your user icon, and at the top right corner, you will find settings.
- Select the Bitcoin tab
- Go ahead and select BTC payouts
- Once that is done, you will progress to adding your Bitcoin wallet address.
By following these steps, you will successfully enter a mining pool. You might consider creating workers by selecting the workers tab and then click on a new worker. During the registration process, worker 1 will be created.
With Cgminer installed in your Raspberry Pi, you can easily start mining for Bitcoin without many problems. You can always use it to produce any type of cryptocurrency in accordance with your liking. When it comes to installing Cgminer in your Raspberry Pi, the whole process is relatively easy and can be achieved by a newbie when followed to the letter.
As we come to a conclusion, we hope that you have found this article helpful when it comes to understanding how to install Cgminer on Raspberry Pi. It would be best if you always considered keeping in mind all the discussed tips in this article for the Cgminer to be installed in your Raspberry Pi without experiencing any issues.