How to Start Bitcoin Mining

Jan 7, 2025 White Line Ibiam Wayas

[{"selector":"#anim-a86b6fcc-7eb8-48d5-aa5e-503fcb7397ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0cd1f0aa-482b-4a9b-b198-07d7a6d637f7","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e09dc27-8bd3-49bf-95c8-49c9b4a53362","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a28bf181-6cb8-4ea3-ad57-6ea3cbbfb4f7","keyframes":{"transform":["translate3d(0px, 237.84382%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line Bitcoin mining is open to anyone, though technical and financial barriers have grown over the years.

[{"selector":"#anim-ef485767-dc0a-4ea4-8982-cf43e0f38073","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75f953b9-5246-4a86-b5ae-926a643449e9","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4121b3a-17f8-47bb-acfa-f318c9ff7067","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02339e6b-b389-4256-9057-cbc7e10a12e2","keyframes":{"transform":["translate3d(0px, 164.53574%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line Bitcoin mining is the process of verifying Bitcoin transactions, which are used as data for the hashing function. Miners create the right hash value and are rewarded per block.

[{"selector":"#anim-2e580cf8-ade2-4165-a1da-55c8231c9609","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ed83036-0bc9-4878-b99b-1585d5f0e78f","keyframes":{"transform":["translate3d(0px, 195.30265%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e126cfe0-7c6d-45e8-bf94-5f2b648ccaa2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d38b2e2-8cc6-40a5-b19f-088a537d65bd","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Bitcoin blockchain started with a 50 BTC reward, halved every four years. Currently, miners are paid 3.125 BTC for each block mined. White Line

[{"selector":"#anim-b6c81be7-5b1b-469c-8b9d-e5047b55ed05","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a137044-b109-404d-ab4a-96c7f5046845","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27d89b7e-d703-4c4d-be27-efc361404be8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-390d6961-f8a1-4c22-8e19-50df011fd68a","keyframes":{"transform":["translate3d(0px, 320.29636%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line If you want to start mining Bitcoin today, here are the fundamental things you need to get started.

Mining Machine

[{"selector":"#anim-3c371dc1-90a7-42c8-b629-357038983aca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d87f027e-46e1-4210-a16c-613ec02e59ab","keyframes":{"transform":["translate3d(0px, 320.29636%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-43e06393-6c0a-4d1b-9529-0d71c9e926a7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04bb3582-77dc-4adc-aa23-a18b62095851","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d645d641-0f6a-46cb-9d2b-8b34e815db30","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f104270-b480-4898-bdf5-042296f101eb","keyframes":{"transform":["translate3d(0px, 981.94512%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] If you want to start mining Bitcoin today, here are the fundamental things you need to get started. White Line

Choose a Hosting Service

[{"selector":"#anim-07994186-59c6-438c-a4d8-c8a6a813abea","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a1d3e451-a61e-4f46-9ce3-d59cfaa253d4","keyframes":{"transform":["translate3d(0px, 981.94512%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-253e04a8-e44a-4abc-bf1f-2021d78b89d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a4b7fa4-603e-4c11-a783-20589bf50cdf","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-308ea75f-8250-4292-8c47-828b6454db36","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-80cf0497-2895-4c7b-9262-cdb41fdff3b2","keyframes":{"transform":["translate3d(0px, 195.30265%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line The next decision is whether to take up home-based or hosted mining. Home-based mining may not be viable or legal in some jurisdictions.

[{"selector":"#anim-5cb223c7-3342-40bb-98fb-7f9b758aa759","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a7cf273c-652d-4ef5-824d-2b465a4743bf","keyframes":{"transform":["translate3d(0px, 3315.27385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5a20799-7e73-475a-bf4b-c2474d9bf22b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-640b4052-cddb-4f67-a70d-6944ad1fbab2","keyframes":{"transform":["translate3d(0px, 164.53574%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line The alternative could be joining mining pools. Pools may vary. The bigger pools have a bigger chance of discovering a block but also split the reward among more workers.

What is Cryptocurrency and How Does it Works?

Next Up White Line Read Now