I am using bitcoin for the first time. Do I need to run both bitcoin-qt and guiminer to start mining? I have installed both programs and currently bitcoin-qt is running and synchronizing with network and there are around 60 more weeks to go.

So I guess once synchronizing is done I will get a wallet? And then I can run guiminer so I can start mining in "Slush" mining pool? (I have already registered for an account and worker)

And once synchronizing is done I can close bitcoin-qt and then just use guiminer?

  • Here is the question parts i still have unanswered as I had the same query. As mentioned, in your answer/comments (The Piachu)my client does not need to get slush pool id,. So as of now my workers at the pool keep doing 0 CPS (all Hash rates/mining rates in cycles per second) and i guess at this stage my bitcoin-qt is giving me some solo mining ( Am I Right?) How do I get the clock ticking? And as part of the pool at slush's pool what is the time to first coins as of now? A year later with the current rate of additions to the pool, how does my share / time rate of reward change? -Elart
    – user10747
    Dec 13, 2013 at 11:06
  • This was posted as an answer, but it does not attempt to answer the question. It seems to be a follow-up question. Please instead ask your own question (see How to Ask).
    – Murch
    Dec 13, 2013 at 11:28

2 Answers 2


If you are mining at a pool, you don't need a client to be running - the pool will provide you with all necessary information.

If you are mining by yourself, you need to run the client to know what you need to put in a new block.

  • There is no option of saving wallet in guiminer. Is it okay? So it looks like I will save wallet in bitcoin-qt. How often do I need to save wallter, like everyday or after every transaction or it is automatically saved after you have saved it once? Oct 30, 2013 at 9:52
  • Your wallet is simply the storage for the private key(s) of your (public) bitcoin address(es). They are generated once in your bitcoin client, e.g. in bitcoin-qt. It's a good idea to make a backup of it, and to store that securely---it is the key to your bitcoins, after all. But afterwards, there is no need to save it again.
    – user6049
    Oct 31, 2013 at 21:21

To answer your follow-up comment at the other answer you received:

Your bitcoin address is where you would like to receive the reward for your mining work. Either enter the address of a charity of your choice or get your own by creating a wallet. To create a wallet, you do either need a bitcoin client (any will do), or a web service to do so (e.g. the one at blockchain.info).

Sorry for not answering in a simple comment, but I can't as apparently I have insufficient reputation to do so.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.