Beginner’s Guide: Casual Cryptocurrency Mining with 0% Financial Risk – Is it worth it in 2017?


00:00 – Intro
00:22 – Overview what this vlog type video is about
02:43 – What category of crypto seeker are you? The three main types on Youtube.
05:06 – How I got into Bitcoin as a Gamer
07:39 – Getting started with MiningPoolHub using MultiPoolMiner
08:50 – Initial Mining with multiple PC’s to single consolidated GPU mining rig
10:14 – First Electrum Wallet Transactions w/ example of pre BTC upgrade issues
12:42 – From multiple PC’s to single consolidated GPU mining rig w/ lessons learned
17:33 – Buying Bitcoin without an Exchange (https://purse.io/?_r=FQbbTD)
19:52 – Buying items on Amazon with Bitcoin (Sometimes at discounted rates)
22:30 – Buying items from NewEgg direct with Bitcoin
24:30 – Buying Games on Steam with Bitcoin
25:15 – Trading Alt-Coins for Bitcoin
26:28 – Tinkering with Steemit.io
27:47 – How to tell if you’re making a profit w/ surprise electric bill
32:33 – Using BitPay pre-paid Visa to pay electric bill from mining
35:28 – Blurb on ASIC mining; definitely not for casual miners
38:35 – Summary and wrap-up tidbits
46:28 – Closing

Some of the items shown:
2ft 12 Gauge Lighted Triple Outlet SJTW Indoor / Outdoor Heavy Duty Extension Cord by Watt’s Wire – 2′ 12/3 Rugged Lighted Grounded Pigtail Power Cord – 12AWG 125Vac 15Amp 1875Watt
http://amzn.to/2whkmMy

1.6m Desktop PC Computer Case Power Supply supplies on / off Reset HDD Push Button reset Switch with Cables
http://amzn.to/2wgQEHs

TS-836A Plug Power Meter Energy Voltage Amps Electricity Usage Monitor,Reduce Your Energy Costs
http://amzn.to/2vIjrBp

USB 3.0 PCI 60CM PCIe PCI-E 1X to 16X Riser Card Extension Cable + USB 3.0 Cable / 15Pin SATA to 6Pin Power Cord for BTC Miner
http://amzn.to/2xwNle0

Kidde FA110 Multi Purpose Fire Extinguisher 1A10BC, 2-pack
http://amzn.to/2gpu4an

Rock Intro 4 by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)
Artist: http://audionautix.com/

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