Mining Bytecoin is the easiest way to start filling up your Bytecoin wallet. There are tons of resources online that describe how to mine BCN, but it is one of the oldest cryptocurrencies which means most information is out of date. Hopefully, this guide will cover any and every question you could ever have about mining Bytecoin.
Before you can start mining, you’re going to need to set up a Bytecoin wallet. Do not use a wallet that is hosted on an exchange, you will not receive your Bytecoin payments and you’ll just waste your time and effort.
What Bytecoin Mining Software Should You Use?
The best mining software to use is largely dependant on what type of OS you are using and whether or not you are using your CPU, GPU, or both. Through a ton of testing and community input, we have a good idea as to what mining software is best for BCN. The general consensus is that XMRig provides the best performance for CPU and XMR-Stak-Nvidia and XMR-Stak-AMD will provide the best performance for your GPU. Another good thing about these software options is that you don’t need to install anything, and you can check the source for any malicious code (which both programs are free from). NOTE: THESE PROGRAMS CAN CAUSE FALSE FLAGS WITH ANTIVIRUS SOFTWARE, THEY ARE NOT MALICIOUS AND THIS IS JUST A FALSE FLAG.
How Should You Set Up Config Files?
One of the more confusing parts of Bytecoin mining is setting up configuration files. These files will vary depending on what software you use, but the general set up is the same. If you are going to use Bytecoin Party (which you should, DUH) then you will put “bytecoin.party:PORT” as the URL in your configuration file. Port selection does not matter too much, as the pool used variable difficulty, but generally, you’ll want to use 3333 if you’re using a CPU, 5555 if you’re using anything more than a CPU, 7777 for multiple graphic cards, and 8888 for NiceHash. You will enter your wallet address as the user in your config file, and you can ignore the pass section. If you are using XMRig, you can start your miner and start mining, if you are using XMR-Stak, then you’ll need to change a few more things. You will change the GPU thread number to match the number of threads you have in your CPU, and then you’ll have to change the threads conf section to match that setting. You can find more information on proper XMR-Stak configs on the XMR-Stak Github page.
Once you have generated a wallet, downloaded a Bytecoin miner, and set up your configuration files, then you can start mining Bytecoin. BCN will be deposited directly to your Bytecoin wallet in a manner dependant on the pools payment method, Party pays when blocks are solved. Congratulations on setting up your first BCN miner, feel free to reach out if you have any questions, and as always… PARTY ON FRIENDS!