Mining Guide of Bitcoin Mining

Bitcoin was first conceptualized by the legendary Satoshi Nakamoto, who designed the open-source software and P2P network on which the Bitcoin blockchain was built. Bitcoin is a type of P2P-based virtual encrypted digital currency.

Bitcoin uses a SHA256 encryption algorithm and has a total of 21 million blocks. Typically, one block is generated every 10 minutes and the reward is cut in half every 210,000 blocks. Presently, most mining pools distribute transaction fees to miners in addition to block rewards.

First, prepare the following equipment:

1. Mining equipment: mining rig, power supply, network cable, and a PC for managing the mining rig.

2. Create a sub-account in SpiderPool and enter your Bitcoin wallet address.

3. Pool URL mining addresses:

- Americas:

- TCP: `stratum+tcp://btc-us.spiderpool.com:2309`

- Backup: `3333, 1800, 443`

- SSL/TLS: `stratum+ssl://btc-us.spiderpool.com:2310`

- Asia:

- TCP: `stratum+tcp://btc-as.spiderpool.com:2309`

- Backup: `3333, 1800, 443`

- SSL/TLS: `stratum+ssl://btc-as.spiderpool.com:2310`

- Europe:

- TCP: `stratum+tcp://btc-eu.spiderpool.com:2309`

- Backup: `3333, 1800, 443`

- SSL/TLS: `stratum+ssl://btc-eu.spiderpool.com:2310`

4. Worker Username:

- Enter the SpiderPool sub-account in the mining rig's backend (worker) area. The format is (sub-account or wallet address.miner ID).

5. Mining Configuration:

- Place the mining rig and the PC for managing the rig on the same network.

- Use IP acquisition software to obtain the mining rig’s IP.

- Open the IP configuration on the management PC, verify the information, save it, and then you can enter the wallet address or sub-account in SpiderPool’s backend to check the hash rate and earnings.