All crypto currencies are referred to as coins in Awesome Miner. Litecoin and Dogecoin are two popular alternatives to Bitcoin. Awesome Miner has built-in bitcoin coinwarz dogecoin about many of the most populars coins and the user can also add additional coins.
Awesome Miner uses the coin concept for statistics, revenue calculations and when defining pools. By knowing which coin a certain pool will mine, and which pool a certain miner is using, Awesome Miner can calculate the revenue of the mining based on the hash rate. The screenshot below shows the Coins tab where statistics about each coin is displayed. The statistics can be automatically downloaded from the web or be defined by the user. Bitcoin uses the hash algorithm SHA-256 for this task, while other coins like Litecoin and Dogecoin uses Scrypt. While calculations of most algorithms can be performed on a CPU or GPU, the more specialized devices like FPGA and ASIC can only support a single algorithm. Awesome Miner uses the algorithm concept when defining Managed Miners, to know which pools and coins that are compatible with the specific miner.
USD, Awesome Miner will use this to display all values in the local currency. A free API key with some limitations can be requested from the Coinwarz web site. The drawback of using coin statistics from the web is that they are not fully real time, as they typically are requested on a 15 minute interval. Also, the statistics providers may not have information about all coins.
Using pool statistics are typically preferred as it will give close to real-time statistics about the coin being mined. However, if multiple pools are used with different coins, the mining process can’t report on which coin that currently reported network difficulty belongs to. In this scenario, incorrect values may be used. Coin balance Coin balance is explained in a separate article. It’s also possible to select “Unspecified” coins that only indicate which algorithm to use. In addition to all predefined coins, the user defined coins can also be selected. By specifying a coin for the pool, the pool can only be used for miners that uses the same algorithm as the coin.
The coin selection also makes it possible to calculate revenue information. When specifying an algorithm, only the mining software with support for that algorithms can be selected. The list of pools will also be restricted to those with coins using the same algorithm. Awesome Miner – Mining made easy with powerful management!