What Is Bitcoin Mining ? and The Concept Of Bitcoin Mining 3 Mining Methods That Can Be Done At Home
What Is Bitcoin Mining ? and The Concept Of Bitcoin Mining
In the previous article I discussed what Bitcoin is and 3 simple ways to get it, mining is in the category of digital money why is that? because we are mining Bitcoin or other coins, still digital money is true right?. In this article I will reveal a little about what mining is.
For those who are not familiar with Bitcoin, You can read the previous article about What Is Bitcoin? 3 Simple Ways To Get It. Mining is one way to get bitcoin easily, but with the price of expensive mining machines not many people are mining Bitcoin on CPU machines, therefore mining is quite not well-known among the lower class.
This bitcoin mining tool has a price that varies between 3 to 14 million for a VGA card, quite expensive isn't it. Even though there were quite a lot of sultans who bought these mining tools. The more VGA cards that are used to mine, the faster the Bitcoin revenue you mine and the greater the acquisition of Bitcoin you get. This mining system runs automatically so that mining can continue to run anywhere because mining only requires VGA, computers, electricity and internet connections and of course additional tools to do this mining. To do mining, of course fans or air conditioners to cool the temperature of computers that do mining so that mining machines are not quickly damaged.
In my opinion, the mining is divided into two parts, namely own tools or can also be mining on the site of a Cloud mining provider. For mining that uses its own tools we have discussed above, here is a discussion on Cloud mining. Cloud mining, mining is commonly used on the provider site by buying speed. Buying the speed (GHz, Khs, H) speed you buy can be checked on the Cloud mining provider site so you can predict the profit you get when you buy the speed you want. Mining with cloud mining, profits that have been determined by purchasing mining speed should you calculate carefully the profit that you can get in a month.
3 mining methods that can be done at home
1. Cloud mining
I have discussed above, Cloud mining should not buy on sites that are not trusted by luring large profits with low speed maintenance, you should not buy speed on sites like this. Because sites like this usually lie to users by buying cheap speeds but the site does not pay to users or commonly called SCAM. Choose mining sites carefully to do mining with the cloud mining.
2. Buy VGA Card
VGA card, by buying VGA you can do mining with computers at home by using mining pool. Not only Bitcoin that can be mining with a VGA card, through a pool Mining with a VGA card in mining pool you should look for coins that are expensive and high-speed to quickly find block rewards when mining take place. I mean another coin that is the same coin that can be mining like Bitcoin, which can be exchanged on the coin market by exchanging BTC and ETH.
In the previous article I discussed what Bitcoin is and 3 simple ways to get it, mining is in the category of digital money why is that? because we are mining Bitcoin or other coins, still digital money is true right?. In this article I will reveal a little about what mining is.
For those who are not familiar with Bitcoin, You can read the previous article about What Is Bitcoin? 3 Simple Ways To Get It. Mining is one way to get bitcoin easily, but with the price of expensive mining machines not many people are mining Bitcoin on CPU machines, therefore mining is quite not well-known among the lower class.
This bitcoin mining tool has a price that varies between 3 to 14 million for a VGA card, quite expensive isn't it. Even though there were quite a lot of sultans who bought these mining tools. The more VGA cards that are used to mine, the faster the Bitcoin revenue you mine and the greater the acquisition of Bitcoin you get. This mining system runs automatically so that mining can continue to run anywhere because mining only requires VGA, computers, electricity and internet connections and of course additional tools to do this mining. To do mining, of course fans or air conditioners to cool the temperature of computers that do mining so that mining machines are not quickly damaged.
In my opinion, the mining is divided into two parts, namely own tools or can also be mining on the site of a Cloud mining provider. For mining that uses its own tools we have discussed above, here is a discussion on Cloud mining. Cloud mining, mining is commonly used on the provider site by buying speed. Buying the speed (GHz, Khs, H) speed you buy can be checked on the Cloud mining provider site so you can predict the profit you get when you buy the speed you want. Mining with cloud mining, profits that have been determined by purchasing mining speed should you calculate carefully the profit that you can get in a month.
3 mining methods that can be done at home
1. Cloud mining
I have discussed above, Cloud mining should not buy on sites that are not trusted by luring large profits with low speed maintenance, you should not buy speed on sites like this. Because sites like this usually lie to users by buying cheap speeds but the site does not pay to users or commonly called SCAM. Choose mining sites carefully to do mining with the cloud mining.
2. Buy VGA Card
VGA card, by buying VGA you can do mining with computers at home by using mining pool. Not only Bitcoin that can be mining with a VGA card, through a pool Mining with a VGA card in mining pool you should look for coins that are expensive and high-speed to quickly find block rewards when mining take place. I mean another coin that is the same coin that can be mining like Bitcoin, which can be exchanged on the coin market by exchanging BTC and ETH.
3. Mining dengan smart phone
No less smartphone can also do mining but I do not recommend mining bitcoin via a smartphone. But there are already many Cryptocurency providers or also coin-based digital money that you can mining with a smartphone for example: Electroneum (ETN) and Mib coin (MIB), both of these coins provide mining applications with smart phones at quite expensive coins that can be say it's quite tempting if you have a lot of smart phones at home.
That's 3 ways that you can do for mining at home, input from me, do mining way use any,Cryptocurrency mining is better than direct mining bitcoin because cryptocurrency coins are faster in mining than Bitcoin. Look for the best pool for you to use.
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