Posts Tagged ‘ mining ’

Beginner’s Guide to #Bitcoin Mining

December 4, 2013
Bitcoin Mining

1. Understanding Bitcoin First you’ll have to understand a little bit about Bitcoins, there are many youtube videos and other articles out there that are attempting to explain Bitcoins, below are some of the sources I’ve found a good place to start. New to Bitcoin? Start here! Bitcoin on Wikipedia Bitcoin Wiki What is Bitcoin […]

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Bitcoin USB Block Eruptors – the Quickest way to start Mining

November 25, 2013
bitcoin mining with usb

If you’re set on trying out this Bitcoin mining thing, I recommend starting with the USB Miners. – They’re inexpensive – Easy to manage – It works Unlike the expensive bitcoin mining rigs which bit mining professionals are known to use, USB Miners are efficient for the amount of hashes per second it generates and […]

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Getting into Bitcoin – Did the Internet Create its own Currency?

November 24, 2013

Yes, it did. And it doesn’t appear to be slowing down anytime soon. Especially when the economic forces driving Bitcoin are spread out across different countries, continents, marketplaces, and networks. Don’t forget that it’s also possible to remain anonymous with Bitcoin – meaning transactions between Bitcoin users are not traceable in the same way that […]

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Getting Started with Bitcoin Mining

November 23, 2013
bitcoin mining

To get started with Bitcoin Mining you need to understand that this is both an investment of your time and money. As hardware is getting more expensive with the demand of Bitcoin and interest in commercial Mining rigs, it is going to be a factor of high demand for low supplies of the newest and […]

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Bitcoins, Litecoins, and Other Crypto-Currencies

November 16, 2013

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 […]

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November 16, 2013

You’re interested in Bitcoin, so am I. There’s a lot of information and misinformation out there, you need to form an objective opinion. Right now, Bitcoin is worth $413 USD for 1 Bitcoin. That’s a big difference from 6 months ago. The other reason I’m interested in Bitcoin, is because we can exchange it for […]

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