The 8 Steps to mine bitcoin
1. Purchase custom mining hardware. When Bitcoin first started, it was possible to mine using only your desktop's CPU and GPU.
2. Obtain a bitcoin wallet.
3. Secure your wallet.
4.Decide between joining a pool or going alone.
5. Download a mining program.
6. Run your miner.
7. Keep an eye on temperatures.
8. Check your profitability.
Topic: How to MIne Bitcoin? (Read 3077 times)
Now I would like to inform you that if you want to increase you knowledge in bitcoin go to the other forums not just here.
Go to mining forum and your knowledge will increase. Since you I think your interested, well you need money and mining or GPU and ASIC you can pick one amoung the three. Also you need your knowledge not just a tool to start mining
Go to mining forum and your knowledge will increase. Since you I think your interested, well you need money and mining or GPU and ASIC you can pick one amoung the three. Also you need your knowledge not just a tool to start mining
Like a lot of people said, it is not profitable to mine Bitcoin anymore unless you spend a lot of money to buy mining hardware like Antminer from Bitman or build your own mining rig with GPU for mining Ethereum then download an mining software and check your profitability. Personally I prefer to invest in Bitcoin than mining because you will get your money back faster and it is safer to sell your bitcoin if you want to take your profit.
The Antminer S9 is basically the only one worth buying,and you can run with nicehash
easiest way is, prepare your rig, then download nicehash miner, put down your btc address and hit mining button, 
some of miners has there own rig that they use to mine you can purchase rig and build them to use on your mining
If you want to mine bitcoin you need at least some friends which know what is going on about this cause alone you won't have big earning or even you could lose.
Prepare mining tools and visit the bitcoin pool site, then buy hashrate
Here is a simple guide to bitcoin mining for beginners: https://www.tokens24.com/wiki/bitcoin-mining/
I hope it helps!
I hope it helps!
What are the processes of bitcoin mining? What are the tools needed?
Just download a program and be a miner, but before just calculate if it is profitable cause electricity bills will just break your wallet. 
You need to have a digger you can go through topic mining to find the sellers of diggers and you buy it when you buy will have people guide you how to dig and change the wallet but the capital to buy the digger is quite large
For digging you need a good machine first and foremost. I think it is more profitable to invest and trade this, but do as you think. Digging is a heavy piece of bread. You have to know it.
I would use AntMiner, looks like one of the best AIO systems.
You need to have a digger you can go through topic mining to find the sellers of diggers and you buy it when you buy will have people guide you how to dig and change the wallet but the capital to buy the digger is quite large
What are the processes of bitcoin mining? What are the tools needed?
For mining, you need a lot of resources, and alone it's pretty problematic. But even this is not all, you need then to understand your profits from this and whether it covers your expenses. So many do not want to get involved with this by way of simpler.Purchase mining hardware, decide mining in a pool or alone, download a mining.
What are the processes of bitcoin mining? What are the tools needed?
For mining, you need a lot of resources, and alone it's pretty problematic. But even this is not all, you need then to understand your profits from this and whether it covers your expenses. So many do not want to get involved with this by way of simpler. look for an ASIC Machine Antminer S9 would be the best, or invest on a trusted cloud mining site beware of scams though.
They are for sale again but it won't come until January. I wonder if it will be worth it then? I guess I could mine Bitcoin Cash or another split coin. What do you think? Good Investment or not?
Unless you have alot of money to plow into asic miners there is no point also on top of that you would need cheap or free electricity to make alot of profit or you could cloud mine. You honestly would be better buying and holding.
Before you start mining Bitcoin, it's useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second.
The Bitcoin network compensates Bitcoin miners for their effort by releasing bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued bitcoins and from the transaction fees included in the transactions validated when mining bitcoins. The more computing power you contribute then the greater your share of the reward.
The Bitcoin network compensates Bitcoin miners for their effort by releasing bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued bitcoins and from the transaction fees included in the transactions validated when mining bitcoins. The more computing power you contribute then the greater your share of the reward.
First is you need to get the best bitcoin mining hardware, before it is possible to with your computer cpu but today it is not possible. custom bitcoin asic chips offer performance. Several companies such as avalon offer excellent system built only for bitcoin mining.
What are the processes of bitcoin mining? What are the tools needed?
mining of bit coin is a process of verifying bit coin transaction. mining is more expensive process. it takes more time and money and efforts. but compare to bit coin investment mining give more profit. so most of the people preferring to mining. for mining we need hardware kit, software and more electricity employees and efforts are required. mining is giving more profit
There are many software, browser extension or mobile application you can download and run it to mine a bitcoin but you need a computer with high specification.
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