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How to mine Bitcoin Cash Bitcoin Cash Mining Tutorial

Date:2024-04-09 17:56:48 Channel:Build Read:
Amid today’s craze for digital currencies, Bitcoin Cash has gained a lot of attention as a high-profile cryptocurrency. How to mine Bitcoin Cash? Bitcoin Cash mining tutorial has become a topic that many digital currency enthusiasts are eager to learn about. This article will lead you in-depth mining of Bitcoin Cash and provide a comprehensive guide so that you can easily master the mining skills and realize wealth appreciation.
Mining Bitcoin Cash is not easy and requires some technical knowledge and patience. First, it is crucial to understand the concept of Bitcoin Cash. Bitcoin Cash is a fork of Bitcoin that was born in 2017. It works to solve Bitcoin’s scalability issues, increase transaction speeds and reduce fees. To mine Bitcoin Cash, you first need to understand the principles of Bitcoin Cash mining.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The mining process of Bitcoin Cash adopts the Proof of Work mechanism, and block rewards are obtained through continuous calculation of algorithms. Miners use high-speed computers to solve complex mathematical puzzles, confirm transactions and record them on the blockchain. The mining process requires a large amount of computing power, so professional mining equipment, such as mining machines, is often required.
The first step to mining Bitcoin Cash is choosing the right mining equipment. ASIC mining machines are currently the most commonly used equipment for mining Bitcoin Cash, and their high computing power and stability are favored by miners. When choosing a mining machine, factors such as computing power, power consumption, and price should be considered to ensure that you choose a cost-effective device.
In addition to mining equipment, mining software is also an indispensable tool for mining Bitcoin Cash. Common mining software includes CGMiner, BFGMiner, etc., which can help miners manage mining pools, monitor computing power, etc., and improve mining efficiency. Choosing the right mining software can make the mining process smoother.
Mining is not just a simple operation, but also requires certain technical knowledge. Miners need to understand the mining algorithm, mining pool selection, network conditions, etc. in order to better perform mining operations. In addition, timely attention to the market and dynamics of Bitcoin Cash is also the key to successful mining.
Successfully mining Bitcoin Cash requires not only technical support, but also strong faith and patience. Mining is a time-consuming and labor-intensive process that often requires a long wait for rewards. Therefore, miners must maintain patience and perseverance, and continue to learn and make progress in order to stand out in the fierce mining competition.
When mining Bitcoin Cash, miners also need to pay attention to security issues. Strengthen the security protection of accounts and devices to avoid hacker attacks and information leakage. At the same time, choose a regular mining pool for mining to ensure the stability and security of mining income.
Overall, mining Bitcoin Cash is a highly technical job that requires miners to have extensive knowledge and experience. By choosing the right mining equipment and software, and continuing to learn and improve your technical skills, I believe every miner can succeed in the world of Bitcoin Cash.

Before answering this question, the editor of the currency circle will first talk to you about Bitcoin Cash. Bitcoin Cash, referred to as bch, can also be called bcc. It is a new version of Bitcoin with different configurations launched by a small number of Bitcoin developers. It is a A new type of blockchain asset, simply put, is derived from the hard fork of Bitcoin. As we all know, Bitcoin can be obtained through exchange purchase and mining, and Bitcoin Cash is no exception. Today we will mainly talk about Bitcoin Cash Mining, So, how to mine Bitcoin Cash? Below, the editor of the currency circle has compiled a Bitcoin Cash mining tutorial for everyone.

## Bitcoin Cash Mining Tutorial

1. Preparation work

Hardware preparation: a SHA256 algorithm Asic professional mining machine (that is, a Bitcoin mining machine), a power supply equipped with the mining machine, a network cable, and a computer.

Download the IP finding software: 

Prepare a BCH wallet address. You can get it from the trading platform.

2. Mining machine assembly

First, connect the network cable and insert the network cable into the network cable interface of the mining machine.

Then connect the power cord and connect each interface of the mining machine power supply to the mining machine. The power supply has 10 wires, which are connected to the control board and hashrate board respectively.

After connecting all the wires, you can turn on the power supply. At this time, the light of the mining machine starts to light up and the machine starts to run.

3. Find the mining machine IP

Unzip the downloaded Find IP and double-click IPReporter in the folder.

Click "Start", then press and hold the miner's IP Reporter button, press it for one second and then release it.

At this time, the IP address of the mining machine will automatically pop up on the software. Copy the IP address to the browser.

Open the browser, paste the miner IP found above into the browser address bar, press Enter. In the pop-up authentication window, enter "root" for both username and password, and click OK.

4. Set up the mining machine background

At this time we enter the background of managing the mining machine. In Miner Configuration/General Settings, set up three mining pools respectively.

URL: Fill in the BCH mining address BCH.vvpool.com:5500 (see the picture below).

Worker: Create miner name. The format is: wallet address. Numbers or lowercase letters or a combination of both. One mining machine and one miner name are enough. For example: 17x8Go3twPPZ6YGnFdMMpQ52vqa1hZehJv.1

17x8Go3twPPZ6YGnFdMMpQ52vqa1hZehJv.23hf24x91

Password: miner password (can be set at will).

After setting up the three mining pools, click "Save&Apply" in the lower right corner.

You can also set the mining frequency in the advanced settings:

5. Check the operating status of the mining machine

Enter Miner at this time
Status (mining machine status), refresh it a few times, and the current operating status of the mining machine will appear. Here you can see the running time, computing power and other data of the mining machine at the default frequency, which is convenient for miners to monitor the operation of the mining machine.

6. VVPool official website monitors computing power and income

Open the VVPool official website  copy the BCH wallet address to the address bar, select the currency BCH, and click to view: "> copy the BCH wallet Copy the address to the address bar, select the currency BCH, and click to view:

Enter the computing power and income monitoring webpage. In addition, please go to the VVPool official website to view the BCH payment instructions. The minimum payment is 0.1 BCH.

## What is the principle of Bitcoin Cash mining?

Anyone can become a Bitcoin Cash miner by running software on specialized hardware. Mining software listens for transaction broadcasts through the P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin Cash miners who complete these tasks can earn transaction fees paid by users to speed up transaction processing and additional Bitcoin Cash issued according to a fixed formula.

New transactions need to be included in a block with mathematical proof of work to be confirmed. This proof is difficult to generate because it can only be produced by trying billions of calculations per second. Miners need to run these calculations before their block is accepted and they receive their reward. As more people start mining, the difficulty of finding valid blocks is automatically increased by the network to ensure that the average time to find a block remains at 10 minutes. Therefore, mining is very competitive, and no individual miner can control what is included in the blockchain.

Proof-of-work is also designed to rely on previous blocks, thus enforcing the chronological order of the blockchain. This design makes it extremely difficult to undo past transactions because the proof-of-work for all subsequent blocks needs to be recalculated. When two blocks are found at the same time, the miner processes the first block received and then forwards the next block to the longest block chain once it is found. This ensures that the mining process maintains a global consistency based on processing power.

Bitcoin Cash miners can neither cheat to increase their own rewards nor process fraudulent transactions that disrupt the Bitcoin Cash network because all Bitcoin Cash nodes will reject blocks containing invalid data that violates the rules of the Bitcoin Cash protocol. Therefore, even if not all Bitcoin Cash miners can be trusted, the Bitcoin Cash network is still secure.

Through the above introduction, I believe everyone has an understanding of the Bitcoin Cash mining tutorial. The editor of the currency circle would like to remind you that mining is an emerging industry, and income is affected by currency prices and other uncontrollable factors, and there may be large fluctuations. Mining companies The service quality of different companies in China is uneven, and there are many irregularities and imperfections. Therefore, I hope everyone chooses carefully to avoid being deceived. If you want to know more relevant knowledge, you can follow the currency circle. The editor of the currency circle will continue to update relevant reports in the future!

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