Video tutorial/guide showing how to start mining Bitcoins from home super simple and easily, for beginners, or advanced users, using NiceHash. Bitcoins are a cryptocurrency, like Litecoins and Ethereum which offer an anonymous form of digital currency. This video will show you how to setup a bitcoin wallet, download and install the mining program (nicehash), link it up to your wallet using the bitcoin address, and use the optimal algorithm for mining the most bitcoins and earning the money. Mining these Bitcoins is a way to introduce new bitcoins into the world, as well as verify transactions occurring in the blockchain. You can earn bitcoins and money, by mining at home from your very own PC computer. I also include some tips which helped me mine!
If you’re interested in learning about EVERYTHING you need to know about security, privacy, and anonymity–check out Go Incognito, a free and in-depth course taking you from start to finish: https://www.youtube.com/playlist?list=PL3KeV6Ui_4CayDGHw64OFXEPHgXLkrtJO
Techlore Website: http://www.techlore.tech
My Video Equipment (Affiliate Link): https://www.amazon.com/shop/influencer20170928875
Instagram: @techlemur
Discord: https://discord.gg/sdMv9Zj
Minds: https://www.minds.com/Techlore
DTube: https://d.tube/#!/c/techlore
Telegram Channel: https://t.me/techloreofficial
Telegram Group: https://t.me/joinchat/IJOwYA3mr-PoGnp7m35rmA
*ATTENTION* Nicehash has updated their program and the UI is very different from this video. I made an updated video so you can all follow along. Here is the link. Use the new program with Nvidia Cards:
UPDATED VIDEO: https://www.youtube.com/watch?v=XnAjCMb_uEg
Coinbase Link: https://www.coinbase.com/join/5942e0b5d26ede03db311893
NiceHash Link:
https://www.nicehash.com/?p=nhmintro
You should mine with a powerful Graphics Card (GPU), and only on desktop computers (Not laptops). You need a bitcoin wallet like Coinbase, and you will need NiceHash. Make sure to benchmark your algorithms to get the most amount of bitcoins.
Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
Related Post:
- Bitcoin Mining Complete Guide & Tutorial (EASIEST METHOD Working 2019)
- Bitcoin Mining Complete Guide & Tutorial (EASIEST METHOD Working)
- Bitcoin Mining Complete Guide/Tutorial 2017 (EASIEST METHOD)
- How to Mine Bitcoins COMPLETE Guide 2017 (EASIEST METHOD)
- Easiest Crypto Trading Method (Market Cipher Tutorial)
- Bitcoin Mining Using Android Phone !! | Easiest and Safest Method !!
- How to mine Bitcoin using ur gaming system தமிழில்|Complete Mining tutorial| Crypto wallet guide
- How To Mine Ethereum On Windows 10 | Easiest Method 2018 (Nvidia & AMD)
- Free Method on How to earn 1 Litecoin by mining (2020 Method)
- Simple Method To Make $100 A Day Trading Cryptocurrency As A Beginner | Tutorial Guide