Is Bitcoin Mining Profitable in 2018?

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Minimum Hardware Specification If you want or will build a computer for mining Bitcoin, you can see this article as a consideration or reference. Computers that are devoted to mining come in all shapes and sizes. And we will focus on the tutorial of building a very basic rig. This guide is meant for those of you who want to start and help in building your first rig. Once you know how to build it, you can grow through super computers as big as you want.

We will show bitcoin mining pc build how to build the first rig. If you do not want to invest money in hardware and just want to use your current computer to start mining, you can simply switch to Part 2: The first thing you need to know about mining is that currently, mining power is processed using your graphics card GPU.

Because, day-to-day process of mining with CPU has long passed. Because, GPU offers a faster way to solve the algorithm needed to make your money. This GPU should be your main focus when designing the rig you want to build. What are the ideal hardware options for Bitcoin mining? Before you take a much more extreme step, there are some things you need to know in assembling. And of course, it also applies to those who have a fairly tight budget because I used to be so: Generally, there are only 3 things you need to see when building a rig for Bitcoin mining: So, do not be cheap for this Power Supply: You will need enough power to run your rig.

If you will get 2 or more for the graphics card, never buy a PSU below W. The only thing you need to look for here bitcoin mining pc build the number of PCI-E slots or a place for your video card. Try to find one with at least 3 slots so you can expand the best graphics card when needed The rest of the hardware is not really that important: Hard drive, again, you just need to run the Operating System. Computer case, less is better.

The less the limitations between your components, the more air will flow through and help in cooling. In fact, most rigs for mining are built with no casing. Software Requirements Software Bitcoin mining pc build you have a computer with minimum specifications to start mining coin, now all you need is getting all the software to get started.

This guide will assume you are using bitcoin mining pc build Windows operating system. If you are using Linux or Mac, the steps to get started are basically the same. However, to get more details on how to complete each step, there are many guides available online with simple web searches. Before starting, there are 4 basic things you need to pay attention to and do, including: Make sure you update the bitcoin mining pc build system of all the latest updates. Why is that so important?

Because this will ensure to minimize the risk of any security breach. Graphics cards are the most important part of getting a mining rig. So, you should always be ready to update and download the latest software for your bitcoin mining pc build card whether it's using an AMD or Nvidia graphics card.

Just like Crypto Wallet aka wallet, bitcoin mining pc build are some mining software options that can be recommended. After experimenting with some software, basically Claymore Dual Miner can be a major recommendation. There are several reasons why this is highly recommended, including:.

First, Bitcoin mining pc build has a fairly small file size, quickly installed, loads DAG files to RAM rather than disk, and is highly optimized so you might see higher hash on your GPU than you would normally see in other miners.

To install it, go to the Claymore GitHub page v9. Use Archive Manager to open it and extract it into its own folder I created a claymore folder in the home directory.

However, this needs to be run from the command line, and uses some input parameters. So the smart thing is to create a shell script that runs everything similar to a batch file in Windows.

Software Mining Just like Crypto Wallet aka wallet, there are some mining software options that can be recommended. There are several reasons why this is highly recommended, including: Authors get paid when people like you upvote their post.

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Ross was convicted of seven felony counts in February. In a recent UnikrnRadio podcast Bittrex CEO Bill Shihara revealed that the US- based exchange would open up USD deposits possibly dump tether as one of the main pairings.

And the process of creating of wallet has to be simple. When this scam is finally exposed and goes under, anyone who invested their cash will lose it.