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? Ethereum 39,51 € 38,41 €/week Mining 0x2dc49982b1… 0,35170280 ETH (≈ 277,93 €) 1,517410 XMR (≈ 241,26 €) Mining c2652de7… 20,88 € 2,63 €/week Monero Week: 41,04 € Month: 175, 88 € Year: 2.139,94 € Wallets: 519,19 € Mined Currency Status Progress to payout Minimum payout Currency Wallet Revenue by Currency All your Wallets

Get all information regarding the software.

Find your answer concerning the mining process.

Information referring your Wallet and transactions.

Terms of Use, Privacy Policy, etc...

Software

What do I need to start mining with myMiner?

You just need to download and start the app.

Just mine with your own Wallet-Address or the one created by myMiner. Remember to keep your private key save and secret! If you created your wallet with myMiner, you will find your private key in files on your desktop and documents path. With your Wallet-Address (like a bank account number) and your private key (like a PIN) you can use your coins for shopping, exchange or whatever you want. For more information take a look in the wallet section.

Check-Up:
1. Installed myMiner.
2. Found my generated address and key or have my own.
3. Start mining!

Just to give you an idea for a possible Wallet-Address (ETH):
0x8f623220D24548ef7b67C104244846074ed3e323

and the associated private key:
289c3e17743cd10ffee611739b2c487cb92fe06185171a1090e47c741057b431

Is myMiner free to use?

myMiner is a tool, that helps you to mine. You can download and use the software for free. There is a developer fee of 2 %. While mining 3600 seconds (= 1 hour) the software will mine 72 seconds for us. You don't have to make any payment. 

What do all the numbers mean?

The Interface gives you all needed information about your mining progress.

Mined Currency:
This is the name of the currently mined Crypto-Currency. If there are more than one, you are mining different currencies at once, because there are different profitable currencies for each mining device you have in your system.

Currency Logo:
This is the logo of the currency. You can read more about the Crypto-currency on its website.

Status:
You can monitor the status of the currency. Normally it should show you mining. If there is something wrong, it will tell you, e.g. when your pool is offline.

Revenue by currency:
This is the converted revenue for each currency you are mining. Be aware: this is just a calculated number. It will change with the exchange rate, difficulty and hashrate. If the number ist going up or down, this does not necessarily mean, that your systems hashing power is changing; it is maybe just the exchange rate. 

Minimum payout:
The power of your mining setup is pooled with other systems, otherwise you would need to mine months to find a block at first and get the reward. Those pools share the reward for a bloc among all participants. This small part is not immediately payed to your Wallet-Address. You have to mine until you have reached the minimum payout (some pools pay independent from your progress every seven days). The coins are paid automatically, there is nothing you need to do. Just keep myMiner running.

Progress to payout:
This bar shows your progress to the minimum payout. If it went down, do not worry, probably you have received a payment! If the bar is filled, keep mining, it will increase your payment.

Currency Wallet:
This number shows you the amount of coins stored on the blockchain, like a balance. Those coins are yours and stored in your Wallet-Address. When you click on the icon, you can see your public-Address. Remember: you need your private key to spend them. Now you can use them for whatever you want.
There are a few Crypto-Currencies, which only display your income, not your spending (e.g. Monero). 

All your wallets:
This value is just the sum of all you Wallet-Addresses through all currencies. It is reliant to the exchange rate and may change, although you did not make any transaction.

For more detailed information press ‚i‘ when running myMiner.

How can I trust myMiner?

In short:
  - You use your own Wallet-Address
  - You get your Coins directly from your pool
  - All values are verifiable
  - Software is signed with our certificate
 
All transactions are paid directly from the pool to you. You get your coins independant from us and you do not lose money in a non-transparent exchange progress. We are just a tool for you.

In addition you can check all the shown data with third parties. We can't secretly mine for us and display false values to you. Most pools offer therefore a web interface. Go to the website of your pool by clicking on the pool in the app, take your Wallet-Address and enter it there.
By the way, this is the best and most reliable way to check your progress and success in any software. You should not trust displayed hashrates, no matter what software you use. Hashrates are inaccurate even if they are not manipulated, because they base on calculations and do not reflect your true success. 
We recommend using your own Wallet-Address, so you do not need to trust our Wallet-Address generator. 

Which currencies can I mine?

Currently you can mine Ethereum (ETH), Ethereum Classic (ETC), Z-Cash (ZEC) and Monero (XMR). We update the supported coins continuously.

What is the software doing with my computer?

After starting, myMiner will detect your hardware and chose the most profitable coin. myMiner will connect itself to a common pool and start the mining progress automatically by using the respective mining software. Keep it running as long and as often as possible. Mining is an intensive task for your computer. If the fans of your graphic card are too loud, most drivers offer a power control, so you can reduce hashrate and noise.

Where can I see my hashrate?

You can see your hashrate by clicking on the symbol on the bottom left (or ‚i‘). But be careful: the displayed hashrate is not your true hashrate, it is just a calculated value. No software can show you your true hashrate. Your true hashrate depends on many factors. For example, if you have a high ping to the pool, it may happen that you are mining for several seconds on an old block. This can significantly lower your true hashrate. If you want to compare your real success with different applications, run them for a some days and check your credit at the pool.

Which hardware is supported?

You can use myMiner on any computer. At the moment only Windows is supported.

Which software is used?

myMiner uses third party software. You do not need to worry about it, because myMiner comes with everything, what it needs. We use XMR-Stak and etherminer.

Can I mine on multiple systems at the same time?

Yes, you can mine on multiple systems at the same time with the same Wallet-Address.

Mining and Pools

Is it worth to mine crypto currencies?

Several factors play a role here. Of course, you have to keep an eye on your electricity costs, but also which currency you want to mine and its value in the future. myMiner will always suggest the current most profitable currency. There are several calculators on the Internet, you can use to check your profitability.
For example, mining ETH non-stop 24 hours with an GTX 1070 will consume about 3.6 kWh. With a price of 0.2 €/kWh (average price in Europe) it will cost 0.72 € per day to mine non-stop. If you want to know your exact energy consumption you can check it with a measuring device.

When do I get a payment?

You get paid, whenever you reach the minimum payout of your pool. When a certain amount has been reached, the credit will be paid out to you. Almost all pools do this automatically.

What is a minimum payout?

The minimum payout depends on the chosen pool. Those pools share the reward for a bloc among all participants. This small amount is not immediately payed, this would lead to too many transactions. So you have to mine until you have reached the minimum payout (some pools pay independent from your progress every seven days). The payout will come automatically, there is nothing you need to do. Just keep myMiner running.

What is a hash?

A hash algorithm takes data of any size and form (e.g. numbers, letters, etc.) and transforms it into a fixed alphanumeric string (in a sense like a complex checksum), the so-called hash. This output is called a hash. There are different functions to calculate a hash, maybe you heard about MD5, SHA-256 or something like that. Here is an example:

The SHA-256 hash of this text:
     myMiner is a cool software 
is:
     4cdc04d96b3000830e5ef4c0584218d51a1da595b7eca5bb05e5ac981c4e1f12

The same input leads always to the same output. So it is easy to check, whether a certain input leads to a specific hash. If you change the input by even one number, letter or sign, the whole output changes:

The SHA-256 hash of this text (see the ! at the end):
     myMiner is a cool software! 
is:
     8df37d5d0ba27459bd0759ce1296a45ac982057f8f84289130ffc9f4523fc07f

Just by adding the „!“ to the text, the whole hash changed. The mathematics behind the hash algorithm ensures, that there is no way to calculate the input data from the hash. It is a one-way function. To make this hashfunctions usable for Cryptocurrencies, the input is filled at least with transactions and a so-called node. This node is number, which is counted up to change the hash until the hash fulfills the requirements of the particular Cryptocurrency. Here is a simplified example: Let’s assume, person A transfers 1,5 units to B, and X transfers 5 units to Y. To get a valid hash, the hash would need to start with 5555….. . 

This is the input:
     A -> B 1,5; X -> Y 5; Node: 1
and the SHA-256 hash:
     c9337ffbd65569b969dc2b680703b415461619d9cea1cb66a56a32baf80558b3

now counting up the node until:
     A -> B 1,5; X -> Y 5; Node: 7
and the SHA-256 hash:
     5555b0ac2785c96358b3a6f7ac9b3951214306eeb85f2b0c85ae0f6ecb2d5863

Now we found a valid input, wich form together with its hash a new block. We can publish this input and everybody can check our block by calculating the SHA-256 hash to our input. They will all get the same hash and accept our transactions as the new valid block and will start calculating  the next Block. Our input is now part of the Blockchain. This job, finding a new block, is the job of miners.

What is a hash rate?

The hashrate specifies how many calculation tasks your system can solve per second to find a new block. Basically, a higher hashrate increases the probability of finding a valid share or the new block. In addition, you will reach your minimum payout faster.

What is a block?

A block contains the transactions since the last block. Each block is connected to the previous block, so that the blocks together form a chain, the blockchain. Calculating the current new block is the task of the miner. Whoever has correctly calculated the block first, gets a reward.

What is a pool?

A pool is a union of miners to calculate the next correct block. The power of your mining setup is pooled with other systems, otherwise you would need to mine months to find a block at first and get the reward.
Those pools share the reward for a bloc among all participants, when the pool finds a new block, so you get a small part of the reward. The amount that a miner gets depends on his contribution to the pool, the valid shares. To keep the miners apart, the pool is given your Wallet-Address. Your reward will be transferred from the pool to your Wallet-Address, so you can use the money for whatever you want after payout. With myMiner you can easily join a pool. The pool organizes and manages the miners in the pool. Pools usually take a small fee.

What is a (valid) share?

The amount of money a miner receives depends on its performance, which it contributes to the pool. Miners which do a lot of calculations get a bigger contribution than someone who does only a few calculations. To measure the performance, each miner sends a valid share to the pool as soon as it finds one. A valid share is usually an easier solution of a new block. The number of valid shares of each miner determines the proportion of the next reward.  
To give you an example: If a block with 6 zeros at the beginning of the hash is searched, then a valid share can be a block with 3 zeros at the beginning, for example. This solution is then sent to the pool. If it happens to be a block with 6 zeros, you have found the next block for the pool!

Is there a myMiner-pool?

No. We are independent from any pool and do not plan to launch a pool. We just want to give you a tool to mine as easy as possible.

Why is it not possible to choose Bitcoin?

myMiner looks for the most profitable coin to mine on your setup. Bitcoin is almost impossible to mine with a home PC, it is just not profitable as there is special designed hardware existing for it (so called ASIC). If you want to have Bitcoins, you can mine a profitable coin and exchange it into Bitcoin.

Wallet

What is a wallet?

A wallet is like your online account at a bank consisting of a bank account number and a secret password to login and make transactions.

The Wallet-Address is like your bank account number, it is also called public key or public address. This Wallet-Address is needed for you to receive payments. If you want to know your balance, you can look up your Wallet-Address in the blockchain. 
To make payments you need in addition to your Wallet-Address the private key, like the secret password for your online bank account. Each address has its unique private key. If you lose it, it is impossible to do any transactions with that Wallet-Address anymore. If someone else has your private key, this person can do transactions with this Wallet-Address, like it is with your online bank account password. So keep the private key safe! The private key cannot be restored!

In addition you need a Wallet-Address for every currency. You can have several Wallet-Addresses for each Crypto-Currency. The Wallet-Address will be communicated to the pool so the pool can recognize you every time you start mining and pay you your reward. Mine with the same Wallet-Address to reach the minimum payout as soon as possible.

There are several programs, which you can use to organize your wallets and make payments. But remember: it is not possible to change or restore the private key

A possible Wallet-Address for ETH is:
         0x8f623220D24548ef7b67C104244846074ed3e323

and the associated private key:
         289c3e17743cd10ffee611739b2c487cb92fe06185171a1090e47c741057b431

Note: Everyone, who visited this website, can now make transactions with this Wallet-Address. The private key of a Wallet-Address is unchangeable.

How do I make transactions?

Look for programs that pass your transaction to the miners. They usually provide an understandable interface. You will need your wallet address and your private key. You can check with various block explorers if your transaction has been saved in the blockchain.

How can I create a wallet?

There are several programs, that you can use to create and monitor your wallets. But be careful, you need to trust the generating process. You can never be sure, that the program will store your private key or send it somewhere.
myMiner can also generate a wallet for you. After generating you will find a file with your Wallet-Address and private Key on your desktop and in your documents path. This file is created by the software on your local system and not downloaded from our servers. We have no access to your private key. After myMiner generated the wallet, save your private key in a safe place.
We suggest creating a wallet on your own. You can generate as much wallets as you want, there’s practically no limit. E.g. you can use a wallet for mining and transfer all coins after payout to another wallet you own.

I lost my private key.

Your private key is unique to your Wallet-Address (public adress). There is no way to restore or reset the private key of your Wallet-Adress. If this private key is lost, nobody can use the coins on that Wallet-Address anymore. 
If others get to know your private key, they can make transactions with your Wallet-Address. If you are not sure if someone else has your private key, transfer your coins to another (new) Wallet-Address. You can own as much Wallet-Addresses as you want, generating does not cost anything.

Do I need a wallet for each currency?

In most cases: Yes. Within a currency you can practically have as much wallets as you want.

About us

Who we are

We are crypto currency fans and want to make mining as easy as possible. Our company is located in Germany.

myMiner UG (haftungsbeschränkt) 
HRB 82480 Amtsgericht Düsseldorf
Germany

Do you have my private key?

No, we definitely do not have your private key or access to it. We would be an additional security risk regarding your coins.

Terms of Use

See the Terms of Use.

Which data is myMiner collecting?

We are not interested in your data. 

For further information see the Privacy Policy.

Changelog


2.1.3
- Added XMR
- Bug Fixes