Mining Quick Start Guide
- Create an account on the BitClockers Bitcoin mining pool by visiting sign up.
- Complete your registration by clicking the link provided in your email.
- To create your first worker, visit the dashboard and enter a worker name and password then click the Create Worker button.
- It is not necessary to create a unique worker username for each computer. You can put one device per worker or thousands, it is up to you.
- Install a bitcoin miner on your computer and then configure your miner to use the worker username and password you created earlier. Some of the more popular GPU and CPU miner clients are:
- Recommended: GUIMiner - Windows GPU/CPU miner (instructions)
Host: pool.bitclockers.com Port: 2082 Username/Password: You created on the Dashboard - Advanced: CGMiner - Windows/Linux GPU miner (instructions)
Host: pool.bitclockers.com:2082 - Phoenix - GPU miner (instructions)
command line: phoenix.exe -u http://WORKERNAME:WORKERPASSWORD@pool.bitclockers.com:2082/ -k poclbm DEVICE=0 - DiabloMiner - GPU miner (instructions)
command line: DiabloMiner-Windows.exe -u WORKERNAME -p WORKERPASSWORD -o pool.bitclockers.com -r 2082 - m0mchil's poclbm - GPU miner (instructions)
command line: oclbm.exe -d1 --host=pool.bitclockers.com --port=2082 --user=WORKERNAME --pass=WORKERPASSWORD
- Recommended: GUIMiner - Windows GPU/CPU miner (instructions)
- Download and install the official bitcoin application. (optional)
- Once downloaded, launch the Bitcoin application and wait for the block count to stop increasing in order for your client to be in sync with the network. This can take anywhere from a few hours to a couple of days. TIP: You can forward port 8333 on your router to the computer running bitcoin to increase the speed.
- You will only need to install a wallet on one computer. We strongly recommend you check out the latest suggestions on the Bitcoin Wiki: Securing your wallet.
What are Bitcoins?
Unlike most currencies, Bitcoin has no central authority or issuer. Bitcoin uses a distributed database spread across nodes of a peer-to-peer network to journal transactions, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by the person who owns them, and never more than once. Bitcoins can be saved on a personal computer in the form of a wallet file or kept with a third party wallet service, and in either case bitcoins can be sent over the Internet to anyone with a Bitcoin address.
What is bitcoin mining?
Mining is a process where you use your computer power to hash transactions occurring in the bitcoin network. Successful hash of a block of transactions results in a reward of 25 BTC. Pool mining is a way for many to work together in the process of hashing transactions, and then share the reward to members based on their contributions. This gives the user a stable payout.
How does pooled mining work?
The server gives each miner a portion of a block to solve. When a solution is found by your miner it then sent to the pool where it is registered as one share. Valid shares are paid within five minutes of being received, this is called Pay-Per-Share. When your balance is above 0.1 BTC you can then do an instant payout with up to 24 payments per day to any valid bitcoin address. There is a 8% fee used to keep this service alive. Valid shares are paid out when received, and we provide instant payout with up to 24 payments per day.
What is Long Polling?
About every 10 minutes the pool will notify your bitcoin miners about new blocks with the help of long polling. This feature allows the pool to minimize the number of stale shares and therefore increase your earnings.
Can bitcoins in my wallet be lost or stolen?
By default and using the official client, the wallet is just a file on your computer. As such it can definitely get stolen if your computer is victim to a virus or other malware. Bitcoin developers are constantly working on better ways to protect your wallet data from theft. We strongly recommend you check out the latest suggestions on the Bitcoin Wiki: Securing your wallet.
What ports does the pool listen on?
pool.bitclockers.com can be accessed with the following ports: 2082, 2083, 8080, or 8332
Stratum mining is available on the following ports: 2052, 2053, 3333
What mining protocols does the pool use?
We support the latest mining protocols and are ASIC ready. Standard GetWork, GetBlockTemplate (GBT), and Stratum are available. If you use CGMiner or an equivalent, it will decide the best protocol to use automatically.
