Happy Holidays everyone, As 2013 is coming to a close, I’m reviewing Mining Hardware as part of my research to build a Enterprise-level Bitcoin Mining Hardware operation. The current device most readily available is the USB Block Eruptor, which can generate about 330 Mh/s each. When used with a 49 Port USB Block Eruptor Hub… Read More Review of USB Block Eruptors – Bitcoin Mining Hardware
If you’re like me and have a Mac computer you’d like to set-up as a Mining rig, here’s some things to keep in mind: – Bitcoin mining is generally done with ASIC computer chips, these are not your average chips as ASIC hardware is the type of processor traditionally found in laboratory computer equipment, digital… Read More #Bitcoin #Litecoin Mining with a Mac
What is Bitcoin Mining? Well if you could combine computers to process heaps of information that overtime eventually breaks down the information into blocks – that is Bitcoin Mining. I started getting into it after I first read about it online, and since then I have been researching, blogging, sharing about Bitcoin Mining. To paraphrase… Read More What is #Bitcoin Mining?
1. Understanding Bitcoin First you’ll have to understand a little bit about Bitcoins, there are many youtube videos and other articles out there that are attempting to explain Bitcoins, below are some of the sources I’ve found a good place to start. New to Bitcoin? Start here! Bitcoin on Wikipedia Bitcoin Wiki What is Bitcoin… Read More Beginner’s Guide to #Bitcoin Mining
If you’re set on trying out this Bitcoin mining thing, I recommend starting with the USB Miners. – They’re inexpensive – Easy to manage – It works Unlike the expensive bitcoin mining rigs which bit mining professionals are known to use, USB Miners are efficient for the amount of hashes per second it generates and… Read More Bitcoin USB Block Eruptors – the Quickest way to start Mining
To get started with Bitcoin Mining you need to understand that this is both an investment of your time and money. As hardware is getting more expensive with the demand of Bitcoin and interest in commercial Mining rigs, it is going to be a factor of high demand for low supplies of the newest and… Read More Getting Started with Bitcoin Mining
Do you have a computer? Then you’re able to Mine for Bitcoins. Apparently it’s as easy as downloading a program onto a computer and having it run in the background, you can even sit around while it starts printing money. — This is partially true, but ignores the fact that your computer will probably not… Read More Bitcoins, Litecoins, and Other Crypto-Currencies