Sunday, January 25, 2015

Method #3 Bitcoin

Bitcoins are what is called crypto-currency, the internet's currency. It is commonly overlooked by people who don't understand the potential.

In the video it talked about something called mining, I'll talk about that and the ways of doing so. Also if you would like there is another video on what mining is.
To sum it all up: Download software used to mine, create a wallet for your bitcoins to flow to and start mining. 

Things to note: -Have a decent computer (e.i. decent graphics card) to speed up the process
                          
                           -Also if you think you'll be consistent in mining and produce profit then consider buying a specialized "computer" just for mining, as mentioned in the video. Such as: the AntMiner.
                       
                           -Websites to check out weusecoins.com bitcoin.org with these websites you can learn more about how bitcoin works and also download a wallet and/or mining software
                       
                           -Wallets and pools, a great wallet is www.coinbase.com they are friendly and a secure "bank" and good pool to check out would be BitcoinAffiliateNetwork they have 0% pay per share and pay to your secure coinbased wallet on the hour so you dont have to worry about it. On top of that you can setup notifications on the pool's website to notify any suspicious activity or tell you when you've been payed





No comments:

Post a Comment