The Internet and the widespread use of computers today allows you not only to have fun, but also to spend time with benefit. Bitcoin is a cryptocurrency that has become popular in a fairly short time. And bitcoin mining is an opportunity to playfully get currency - to make money on the Internet.
Instructions
Step 1
Interest in cryptocurrency has grown steadily since its inception in 2009. A lot of people want to make money on the Internet. And knowing how to mine bitcoins can be done effortlessly. You just need to get some skills and have a computer at hand. There are several ways to mine cryptocurrency, but bitcoin mining remains one of the most popular.
Step 2
Those who started mining at the dawn of the emergence of cryptocurrency have already managed to make a fortune on this. After all, the rate for this currency is constantly growing and as of October 2017, you can get 4907 US dollars for 1 bitcoin. But lovers of free money should be immediately dropped from heaven to earth. This 1 bitcoin is not so easy to get. Satoshi will have to be content. These are kind of cents or pennies in cryptocurrency. 100,000 satoshi costs just under $ 5. But don't despair. After all, even in 1 hour, performing the simplest tasks, you can get about 1000 satoshi. And if you go into mining more densely, then you can earn much more.
Step 3
Before proceeding directly to mining, you need to understand the essence of the process itself. Mining literally translates as mining. And it is the mining of bitcoins that you will be engaged in. For work, you will only need the resource of your computer. When solving certain tasks, the PC will find the hash and receive a reward.
Step 4
More recently, classic mining of bitcoins from a computer was a profitable business. But over time, it became a real profession. People, realizing their capabilities, began to buy special equipment that can generate as much as 2.5 GB of hash in seconds. In addition, special equipment spends only 2.5 watts, while mining cryptocurrency from a home computer will absorb 200 watts, and receive no more than 1.2 GB of hash. Here, and without any calculations, it is clear that the benefit will be less than or equal to zero in relation to the costs. The classic way is better left to professionals in their field, and for beginners who want to earn cryptocurrency, it is better to try using cloud mining.
Step 5
There is no need to purchase special equipment for cloud mining. It is enough just to invest your funds in rent or purchase of the capacities necessary for hash production. The algorithm of actions is quite simple and consists in the following.
Step 6
First of all, you need to register on the cloud mining site. You can find a complete list on the internet, but by far some of the most popular services are Genesis Mining and Hashflare. After registration, the user will need to deposit the required amount to purchase power. You can start mining Bitcoin immediately after purchasing.
Step 7
As a result, you will be mining cryptocurrency at the same time as other miners on the service. Of course, this method will bring less profit than the classic one, but the cost of equipment and energy consumption will be much less.
