diff --git a/INSTALL b/INSTALL
index 36a21dd..c256c19 100644
--- a/INSTALL
+++ b/INSTALL
@@ -12,14 +12,25 @@ Prerequisites:
   - PCRE: http://www.psyon.org/projects/pcre-win32/
   - AMD APP SDK -or- NVIDIA CUDA SDK
 
-Once you have set up these components, edit the Makefile.Win32 to 
-include the paths where these components are located.
+Once you have set up these components, edit the following variables
+in Makefile.Win32 to reflect the paths where these components were
+installed:
+
+OPENSSL_DIR
+PTHREADS_DIR
+PCRE_DIR
+OPENCL_DIR
 
 Note that pthreads and PCRE may be built as static libraries or DLLs.  
-The default Makefile includes CFLAGS to link the static versions of 
-those libraries.  If you want to link against DLLs, make sure to change 
-the CFLAGS.
+The default Makefile.Win32 includes CFLAGS required to link the static
+versions of those libraries.  If you want to link against DLLs, make
+sure to change the CFLAGS.
+
+Additionally, to create a usable static build of the pthreads-Win32
+library, some other changes must be done.  You must edit the Makefile,
+and remove "/MD" from the CFLAGS.  Then, build with: "nmake VC-static"
 
-Then, open a Visual Studio command prompt window, and run:
+After dependencies have been prepared, open a Visual Studio command
+prompt window, and run:
 
 nmake /fMakefile.Win32 vanitygen.exe oclvanitygen.exe
diff --git a/Makefile.Win32 b/Makefile.Win32
index a74ab95..f20f3f9 100644
--- a/Makefile.Win32
+++ b/Makefile.Win32
@@ -1,12 +1,12 @@
 CC = cl
 OPENSSL_DIR = C:\OpenSSL-Win32
-PTHREADS_DIR = C:\pthreads-w32
+PTHREADS_DIR = C:\pthreads-w32-2-8-0-release
 PCRE_DIR = C:\pcre-7.9-src
 OPENCL_DIR = "C:\Program Files (x86)\AMD APP"
 OPENCL_INCLUDE = /I$(OPENCL_DIR)\include
 OPENCL_LIBS = $(OPENCL_DIR)\lib\x86\OpenCL.lib
 CFLAGS = /D_WIN32 /DPTW32_STATIC_LIB /DPCRE_STATIC /I$(OPENSSL_DIR)\include /I$(PTHREADS_DIR) /I$(PCRE_DIR)
-LIBS = $(OPENSSL_DIR)\lib\libeay32.lib $(PTHREADS_DIR)\pthread.lib $(PCRE_DIR)\pcre.lib ws2_32.lib
+LIBS = $(OPENSSL_DIR)\lib\libeay32.lib $(PTHREADS_DIR)\pthreadVC2.lib $(PCRE_DIR)\pcre.lib ws2_32.lib
 OBJS = vanitygen.obj oclvanitygen.obj pattern.obj winglue.obj
 
 all: vanitygen.exe