Post Image

In a previous article on cryptocurrency, I wrote that mining is one of the easiest ways to earn free cryptocurrency. However, mining crypto is not possible without mining software or application. Which leads to the question what is a mining application or software?


Read more about Fintech
Mining software is a technological tool that uses computing power to mine cryptocurrencies. It can be open source (free) or commercial (paid) software. Regardless of the one you choose, you will get a detailed report of your earnings. As well as a monetary reward for the digital currency you mined. Most mining software programs are automated and as such did not require you to have any technical skills before using them. So, if you are interested in mining crypto, here is the top bitcoin mining software

Kryptex

Kryptexis an application that can help you mine cryptocurrency. Its unique features include a clean GUI, automated start once the PC is turned on, ability to mine with CPU and GPU etc. Also, It is available in multiple languages such as English, Spanish, Portuguese and more. With kryptex, users who own modern Personal computers with powerful GPU can generate up to $30 to $70 per month. However, they are required to make a minimum investment of 0.00005 BTC. Its only disadvantage is that it can only be used on windows 10. 

ChickenFast

ChickenFast is a cloud mining app that runs on the cloud. Through its special algorithm, it switches computer power to the most profitable digital currency in real-time. Coins such as Bitcoin, Ethereum, and Bitcoin Cash can be mined throughChickenFast.


Sign up for the Connect Nigeria daily newsletter
And it can conveniently work on iPhone, iPad, and Android devices. To use the app, you must have to invest a minimum of $250.

Hashing24

Hashing24 allows you to mine cryptocurrency without buying any mining equipment. It runs at a Hashrate of 135000 PH/s. And automatically deposits your earned mined coins to your balance. Mining with Hashing is usually hassle-free with an opportunity to mine with the newest ASIC chips and intuitive interface etc. Sadly, it is only compatible with Bitcoin with a minimum of $8.58investment. Lastly, It works well with Platforms such as Windows 10, Mac, and Linux.

ECOS

This cloud mining app was established in 2017 as the first cloud mining provider that is operating with legal status. Ecoshas over  90 000 users from all over the world. However, users are required to pay a minimum fee of $49 for a mining contract. Some of its features include a calculator on the website for choosing a mining contract (which has standard and pro versions), a full-fledged investment platform with cloud mining, wallet, exchange, investing portfolios and savings. ECOS has a convenient mobile app that is available in App Store and Google Play Store.

BetterHash

BetterHash is not only a cryptocurrency mining software. But it is also a platform for trading Bitcoin, Ethereum, Monero, Grin Coin, ZCash, etc.


Register to attend the Connect Nigeria Business Mixer
It is useable by both experienced miners and beginners. This app is unique because it creates a wallet for each digital currency you are trading. And can transfer them to external wallets or leave them in your account. It has an Earning Potential of about $9.3 per day. And requires zero Fees investment for use. 

StormGain

Similar to BetterHash, it mines  Bitcoin and enables hassle-free investment in digital currencies.  Again, it contains a user-friendly dashboard that shows users when assets are rising and falling. Its only disadvantage is that it’s Unregulated.  However, it’s unique because users don’t have to invest any money to use it. Also, users can withdraw up to  $50 daily. And conveniently works on the Web, Android and iOS devices.

Other mining software includes NiceHash ethermine, minersgate, slush pool, Awesome miner, Hashshiny etc. Mining digital currencies may prove to be profitable. But, you should also bear in mind that the changing technologies, and shifting price of Bitcoin, can affect mining coins etc. This is because mining is only profitable if the price of digital currencies exceeds the cost of mining them.

Featured Image Source: Outlook India
Got a suggestion? Contact us: editor@connectnigeria.com

You might also like:
This article was first published on 22nd June 2022

eyimegwu-ekene

I am an accomplished content creator and recently delved into technical writing. I enjoy using my skills to contribute to the exciting technological advances and create awareness of evolving technological trends in Nigeria.


Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *