Do you have a computer?
Then you’re able to Mine for Bitcoins.
Apparently it’s as easy as downloading a program onto a computer and having it run in the background, you can even sit around while it starts printing money.
— This is partially true, but ignores the fact that your computer will probably not make it and your electrical bill will also be a disaster.
To successfully Mine for Bitcoins, Litecoins, or Namecoins (will explain the difference in a seperate post) – you need a computer that is capable of a lot of processing speed and workload.
This means the average computer and or/laptop will not be an efficient system for long-term mining. (I’m typing to you on a MacBook Air as I write this.)
There’s special tools out there that you can purchase or assemble which will systematically generate coin for you.
These are the next steps to mining for Bitcoins:
1. Find or create a system
2. Download Mining software
3. Join a Mining pool
4. Leave system on, and plugged in
While this happens, I need a place to put all the Bitcoins once I’ve ‘earned’ them.
In a seperate post, I will talk to you about Bitcoin wallets and currency exchanges.