It’s pretty obvious why the hardware plays a major role in how efficiently you can mine, and how much you can earn by doing it, but what about the software? Well, in order to get the most out of your mining rig, you’re going to need specialized pieces of software that usually don’t come pre-installed on your typical operating system. Once you have everything setup, you can start using NiceHash on Linux.Mining Bitcoin and other cryptocurrencies can be a very profitable venture, provided you have the necessary hardware and software for the job. If you don’t want to help the developer this way, you can change the flag in file ~/.config/ nuxhash /nf to optout = True This is where you’ll get the Wallet Address that you need to enter in the settings.ĭo note that 0.5% of the mining time of your system will be donated to the developer of nuxhash by default. If not already done, you should create an account with NiceHash. Once the excavator has been installed, it will ask you to configure the setup. When you run it for the first time, it will download the NiceHash excavator. Once installed, you can use either nuxhashd or nuxhash-gui to start the setup process.
Now run the following command to install nuxhash: sudo pip3 install git+ Open a terminal and use the following command to install pip on Debian and Ubuntu based distributions: sudo apt install python3-pip
Once you have all these required stuff, let’s see how to install nuxhash to use NiceHash on Linux.
Now the problem is that the NiceHash software is Windows-only. NiceHash Marketplace Concept | Image CreditĪpart from the marketplace, NiceHash also provides a free to use software that automatically connects the buyers and the renters. The renter gets paid (in cryptocurrency) for the use of his/her processor while the buyer gets to use more processing power for crypto mining without purchasing new hardware. This Slovenia based company provides a marketplace where an end-user can ‘rent’ out part of his CPU’s power to a buyer who wants to use more computing power to mine cryptocurrency. NiceHash uses a similar concept but in legal ways. This is why there are many crypto-miner malware that leech off the CPU from unsuspecting users. People with resources have built Bitcoin mining factories.īut not everyone can create a setup worth hundreds of thousands of dollars consisting of a cluster of high-end processors. Mining cryptocurrency requires huge processing capacity. NiceHash is essentially two things: a crypto-mining marketplace and a software to connect to this marketplace and use its service. If you are looking for using NiceHash on Linux, you probably already know what is NiceHash.