Bitcoin Mining Guide, Make Money With Your Computer
Bitcoin is a new digital currency. By using proven strong cryptography, a new currency has been created for the internet. One of the key features of Bitcoin is that it is an open system with no person or authority that governs the system. This means that you can treat it like cash: nobody can freeze your account, no chargeback’s, complete transparency and more.
This new currency opens massive opportunities for the internet. Join more than one million users and merchants today!
Bitcoin is built as an open system. This means the currency is not created or distributed by a central authority. Instead, bitcoin mining is used to distribute the initial coins of this new currency. This is why you can earn bitcoins with your CPU: initial coins and fee’s paid by those that perform transactions are distributed to the bitcoin miners.
How to get bitcoins:
You could buy bitcoins, there are several websites out there dedicated to bitcoins.
However the most clever way is called mining. You let the computer solve equations, correct answers can then be traded in for bitcoins. 1 Bitcoin at this moment is around 25$, so you could make a lot.
The better computer you have the more you make.
The first step is to download the mining client. There are many out there, but i use 50miner, it has very many features and is easy to get running.
Download it from here. http://50miner.org/
Then you need some account credentials to use with 50miner. Register for a mining account here.
When you are logged in go to “Workers” and create a worker. Then use those credentials in 50 miner, like in this picture. The API key should also be there, copy it and put it into 50miner.
To get these settings you must first click advanced, like on the picture.
You should select the miner cgminer with default settings. If that doesn’t work however you may try ‘poclbm’.
Dont forget to set the mining pool to Triplemining.
Here are examples of how it should look like. When you are ready just press Start. It should now begin mining! If that doesn’t work, check the settings again. Good luck!
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