Once you dive into cryptocurrency and start learning the ropes, it's no doubt that you will become a little curious about how mining Bitcoin works. Cryptocurrency mining has become a huge part of the Bitcoin ecosystem because, well, we need them to process transactions! Much like the California gold rush of 1849, lots of people are jumping on the bandwagon. Of course Bitcoin is not the only coin that you can mine and there is more than one way to strike it rich mining crypto. Follow The 'Stache down into the bitmine as I review a few popular options for getting into cryptocurrency mining for the first time or for expanding your existing mining assets.
How I Started Mining
I have been into Bitcoin & cryptocurrency since 2014, but I had always been a bit hesitant to get involved in mining. You basically have 2 options; you either build/buy your own hardware and mine on your own/with a pool, or you "remotely rent" from an already established company which is called "cloud mining" contracts. In 2017, I decided to try a cloud mining contract, loved how easy it mostly was (more on that later), and the...KEEP READING ON MY WEBSITE: https://www.cryptostache.com/2018/02/28/start-mining-cryptocurrency-beginners-guide/