Mining Cryptocurrencies on your PC
Are you new to cryptos and want an easy way to mine them? The easiest way to get started is to use the Honeyminer. More Info Here
Hotel Honey– Rent Mining GPUs for 3/6/12 months: More Info Here
If you’re a little more technical, Minergate is a good option as well. More Info Here
The process of cryptocurrency mining involves using computer hardware (computer processors, graphics cards, or ASICs) to solve a mathematical algorithm in the process of confirming transactions communicated on a network. Successfully confirming a block of these transactions (simply referred to as a block,) rewards the miner with newly created coins. The creation of new coins is the financial incentive for the miner to invest the resources into the network.
Useful YouTube Channels
IMineBlocks – Website | YouTube | Twitter | Instagram | Facebook | Discord | Steemit
Mining Software Tutorials – VirtualCoin
A Brief Video Overview of What Mining Is
Before going into what mining is, it is important to know how a transaction works. It’s important, because this is the aspect of network that mining is a part of.
The Nuts and Bolts of Mining:
(A more in-depth video on what mining is)
What is mining difficulty?
Difficulty is a variable written into the software code that compensates for increases and decreases in the overall computational power running within a network at any given time. Here is a good video that breaks it down by touching on all the variable involved:
These are videos that give some insights into large-scale mining operations. For smaller scale (hobby and personal,) I would recommend checking out the YouTube channels listed at the top of this page.
Do-It-Yourself Mining
Individuals can participate in mining.
To mine cryptos, all you need is a computer. The more computing power you have, the more profitable and worthwhile it will be. Even if you only have a laptop, you can still mine cryptos.
- A computer with a video card
- A mining rig
- Mining software
- A crypto wallet (for the crypto that you are mining)
- Profitability calculator websites –> (What To Mine) (Coinwarz)
You can set up an account using a software service like the Honeyminer or Minergate.
Links and Tutorials for Various Coins (including mining links and videos)
Digibyte – Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wiki | Instagram | Discord | Telegram | Reddit | Mining | Steemit | One Click Miner | Video: How to set up the One Click Miner
Ethereum – Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wikipedia | Instagram | Discord | Telegram | Twitch | Medium | Steemit | Reddit | BitconTalk Forum | Mining Pools
Monero – Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wikipedia | Instagram | Discord | Telegram | Twitch | Medium | Steemit | Reddit | BitconTalk Forum | Mining Pools
Vertcoin – Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wikipedia | Instagram | Discord | Telegram | Twitch | Medium | Reddit | BitcoinTalk Forum | Mining Pools | Steemit |
Smartcash – Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wikipedia | Instagram | Discord | Telegram | Twitch | Medium | Steemit | Reddit | BitconTalk Forum | Mining Pools |
ZCash – Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wikipedia | Instagram | Discord | Telegram | Twitch | Medium | Steemit | Reddit | BitconTalk Forum | Mining Pools
Website | CoinGecko (prices) | Twitter | Facebook | Github | Soundcloud | YouTube | Wikipedia | Instagram | Discord | Telegram | Twitch | Medium | Steemit | Reddit | BitconTalk Forum | Mining Pools
Building Your Own Mining Rig
Tiny Crypto Blog 