Tag: mining

Start mining cryptocurrency

For this tutorial I’m going to use as an example of mining is the Ethereum, Since the last 2 topics that I posted was all about building a mining rig. But before we start lets have a quick background check on Ethereum and if its same to Bitcoin?

Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications.

Like Bitcoin, Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capability. Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments. While the Bitcoin blockchain is used to track ownership of digital currency (bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application. read more

Building a Mining rig

Building a mining rig is like planting a tree of money. The rig will run and will give a bend to create a wealth in digital currency while watching and reaping the rewards. It takes a lil’ tech brain to built it but anyone can learn how to build it.

Many of you have a knowledge in Bitcoin so I’ll be not teaching it to you to this thread (check my first thread about Bitcoin – What is it?).

The guide will teach you step by step to build a mining rig. Ready your wallet, it will cost you a lot of damage! LOL! read more