Although many want to make money from bitcoin, not many people really understand how to mine bitcoin actually. Are you one of them? If so, then you must pay attention to the following ScienceLover review. How to Mining Bitcoin Using a PC (Latest and Easy Tips!)
Although many want to make money from bitcoin, not many people really understand how to mine bitcoin actually.
Are you one of them? If so, then you must pay attention to the following ScienceLover review.
How to Mining Bitcoin using a PC
When talking about "mining" bitcoin, not a few who equate this with the activities of finding free bitcoin such as through games, or even giveaway.
Even though these two things are actually completely different, because mining activities require tools and the ability to solve mathematics.
For that, for those of you who intend to become a bitcoin miner, you need to know how it works, as will be explained below.
# 1 Setting Up the Tools Needed
As mentioned earlier, in mining bitcoin you need a device that supports this activity directly.
Here are the main devices that you must prepare.
CPU / GPU Bitcoin Mining
To mine bitcoin, you need to upgrade the CPU used to get the maximum benefit. You can add graphics hardware in a desktop computer to increase the has rate.
This addition will also help you solve mathematical problems and calculate all complex polygons.
Bitcoin Mining FPGA
FPGA is specifically designed for mining and can make it possible to buy chips in volume units.
Cloud Service
Through the cloud, you can buy contracts to mine bitcoin with a simple process.
ASIC Bitcoin Miners
With this one, you can mine Bitcoin with a satisfying speed even if you have to use a lot of energy.
Aside from this hardware, you also need software that works to mine bitcoin and instruct the hardware to work properly.
# 2 Join the Bitcoin Miner Collection
Doing a job together will certainly make the job easier and faster to complete.
Likewise, mining bitcoin. You can break a block together and then share the rewards.
Even if you have to share the rewards, you will still get a better profit than doing it alone.
# 3 Mining Bitcoin with Cloud Mining
This one method can be considered a more relaxed way, even though you need to set up a fund alias having capital first.
How to play is, you pay someone else or company that provides services to mine bitcoin.
This process, commonly referred to as cloud mining, involves a third party web that will work for you later.
Of course, the more money you invest, the more bitcoin or other digital money will be added to you.
Later bitcoin generated from the mining process will be sent to your wallet address.
For this reason, service providers will usually enforce a contract system that generally lasts for at least one year.
But some service providers may also not limit the time for an agreed contract, and it all depends on how long you want to keep it.
# 4 Make a Wallet for Bitcoin
The previous point touched on bitcoin which will later be sent to your "wallet" address. Maybe you will ask "what kind of wallet is meant?"
The wallet used here is in the form of a digital wallet which will be useful for receiving bitcoin that you have mined, or sent to you.
The wallet for bitcoin has a unique code that only you as the owner can know.
For that you also need to secure it from things that are not desirable, namely by placing it on a computer that does not access the internet, or even by activating two-factor authentication.
Well ... for those of you who still don't know which digital wallet to use, here are our recommendations:
- Local Bitcoins
- Buying Bitcoin Guide
- Coinbase
- Spectro Coin
- Kraken
# 5 Buy RIG and mining Bitcoin yourself
For those of you who really want to be serious about mining, you can buy a special mining device which is usually called a rig.
With this tool you can mine bitcoin every day!
But to obtain and use this tool, you must have a substantial capital and be prepared with the risks.
Because the need for electrical energy equipment is also quite large, so that your electricity bill could peak.
# 6 Following the Latest Information
To benefit from mining bitcoin, you also need to update information about bitcoin. To do this, you can open a site that provides this information.
Pay Attention to Opportunities to Benefit from Mining Bitcoin
Mining bitcoin is certainly not an ordinary job and needs a good understanding of this.
For that, before deciding to become a bitcoin miner, you need to pay attention to how big your chances are to make a profit.
Now you know how to mine bitcoin easily and the latest way. Will you try it? Please provide your opinion in the comments column.
Don't forget to share this information with your colleagues. thanks.
