Once you have created a wallet, you will be able to generate a 'deposit' address to send your Bitcoin too.įeel free to check out our How to Store Your Bitcoin guide for further information. In addition to this, Bitcoin mining software monitors input and outputs from your miner and can display very useful statistics such as hashrate, fan speed, temperature and the speed of your respective miner.īefore we get onto the best Bitcoin miners, it is important to note that you will require a Bitcoin wallet to be setup as the Bitcoin mining software will request for a Bitcoin address to deliver the mining rewards too. Without the Bitcoin mining software, the hardware miner would be redundant and unable to connect to the Bitcoin blockchain. The CGMiner in action What is the importance of Bitcoin Mining Software?Įssentially, the Bitcoin mining software will connect and deliver the mining hardware's work to the entire Bitcoin network.
