How to Minerar Bitcoins

So you've heard of Bitcoin and are ready to get their hands on a beautiful digital wealth. You can buy and trade bitcoins or "mine" them. Mining bitcoins is actually the process of checking other transactions for bitcoins, in which users are rewarded. This is the central mechanics behind the bitcoins economy, and mining is used to keep transactions safe and reliable. This guide will explain how to mine bitcoins and maybe earn good money.

Steps

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   Purchase customized hardware for mining.  When bitcoins started, it was possible to mine using only your computer's CPU and GPU. While this is still possible, returns make this method impractical. You will spend much more on electricity than mining coins. Instead, custom hardware allows for much better processing with the same power usage.
   
   
   

   
   
   • Custom hardware comes in the form of cards that are inserted into your computer in the same way as a video card would.
   
   
   • Popular brands of bitcoins mining hardware are: Butterfly Labs, Bitcoin Ultra, CoinTerra and others.
   
   
   • A dedicated bitcoins mining machine can cost you hundreds or thousands of dollars depending on the number of operations it can complete per second.
   
   

   
   
   
   


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   Get a bitcoins wallet.  Bitcoins are stored in digital wallets that are encrypted to protect your money. These portfolios can be local or online. Although online services that host your wallet are not able to open it, they are considered less secure since your money can be potentially lost if something horrible happens to it on the server.
   

   
   
   • Most experienced bitcoins users recommend using a local wallet for security reasons.
   
   
   • Local portfolios usually require checking for a complete blockchain, which is the history of all bitcoins transactions. Hosting a blockchain is what helps keep Bitcoin running and safe. Syncing this blockchain for the first time may take a day or more.
   
   
   • Popular local wallets include BitcoinQT, Armory and Multibit. Multibit does not require the download of a full blockchain.
   
   
   • You can also download wallet apps to your mobile device. These applications do not require you to download a full blockchain. Popular applications are Blockchain and CoinJar.
   
   
   • If you lose your wallet, you will lose your money!
   
   

   
   
   
   


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   Protect your wallet.  Since there is no "property" when it comes to wallets, anyone who has access to your wallet can use your coins as you wish. To prevent, enable two-factor authentication and store your wallet on a computer that does not have internet access.
   


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   Decide between getting into a set or going it alone. When it's time to start mining bitcoins, you have two main options: getting into an established set or trying to mine alone. One set allows you to share resources and divide rewards, which can lead to faster returns. Mining alone can be difficult, as getting new bitcoins is highly competitive, but you get everything you can mine.
   

   
   
   • Without entering a set, you can spend a year or more without winning any bitcoin, since the coin is given to the set that discovers it.
   
   
   • Most sets charge a small amount (about 2%) of your winnings.
   
   
   • When entering a set, you need to create a "worker". This is a sub-account that is used to track your taxpayers as a whole. You can have several workers at one time. Each set will have its instructions in creating workers.
   
   

   
   
   
   


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   Download a mining program.  The mining programs are almost all open source and are available for free. There are different programs depending on the type of hardware you are using. Mining programs run on the command line and may need a batch file to start properly, especially if you are connecting to a cluster.
   

   
   
   • The two most popular mining programs are CGminer and BFGminer. EasyMiner runs with a graphical interface instead of a text interface.
   
   
   • See the help section of your set for specific details on how to connect to the set using your mining program.
   
   
   • If you are mining alone, be sure to connect your mining program to your personal wallet so that anything you earn is automatically deposited. If you are mining as part of a pool, you will connect your wallet to your pool user account. The coins will be transferred as they are purchased.
   
   

   
   
   
   


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   Run your miner.  Once you have your miner set up, you can start the mining operation. Run the batch file you created if you need to and see the miner connect and start mining. You'll probably notice that the rest of your computer will slow down as the miner works.
   
   


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   Keep an eye on the temperatures.  Most programs use the maximum of the hardware limit, especially if it was not originally made for mining. Use a program like SpeedFan to ensure that temperatures do not rise above safety limits. Graphics cards should generally never be above 80 ° C.
   
   


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    Check your profitability.  Once you have mined for a while, see your result to see if it is worth it. How much have you earned in the last few days? Compare to how much it cost for you to get the computer turned on during this time (most video cards consume about 300-500 watts)