Best Bitcoin Mining Hardware in 2019: Prepare For Super ...

To help you get started on bitcoins...

Sup fellow reddit members!
Today I'm here to give you guys a long introduction about bitcoins.
Intro to bitcoins:
Bitcoins are the first decentralized digital currency.
Bitcoins are basically digital coins that you can send through the internet.
Some advantages of bitcoins:
  1. It can be transfered through other people without a bank having involved in the transaction.
  2. The transaction fees are much lower.
  3. You can use them in any and every country.
  4. Your account (explained later) can never be frozen.
  5. No limits!
How it works:
There are several online bitcoin currency exchange where you can exchange bitcoins for money and vice versa.
Bitcoins are kept in a digital wallet on your computemobile device. coinbase.com is one of the most trustworthy online bitcoin wallet, IMO.
Sending bitcoins is as simple as sending an email, and you can purchase ANYTHING with bitcoins as long as they accept the currency.
The bitcoin software is completely open-sourced, so anyone can review the code.
Bitcoins are easy + free to setup, and there are no chargebacks!
How to obtain bitcoins:
There are two ways to obtain bitcoins:
  1. Buying them from exchanges/privately. The one that I trust the most is http://www.bitstamp.net.
  2. Mining them using applications. Miners solve math problems/bitcoin algorithms (which takes computing power) and are rewarded bitcoins for doing that. This is the one that I'm going to focus on, as it is pretty hard to grasp.
Mining bitcoins:
Using special software application, you are able to mine bitcoins. Mining means to solve math problems/bitcoin algorithms using your computing power.
Blocks are a chunk of 25 bitcoins, and if you solve one math problem you automatically get a block.
The speed of mining bitcoins is measured in Hashes/Second (KH/s, MH/s, GH/s, TH/s etc.)
The difficulty of the problems gradually increases as more bitcoins are found. Now, it is almost impossible to find bitcoin blocks by yourself, as more than 10 million bitcoins have been mined.
Using special hardware (ASIC, Application-Specific Integrated Circuit chips) that specifically is aimed to mine bitcoins increases your mining speed by a lot. You can buy these hardware anywhere online/offline. amazon.com has many ASIC hardware on sale.
But even ASIC mining can still take a long time to find a block by yourself. That's how the pooled mining began.
Pooled mining basically combines the work of many miners toward a common goal. Pool of miners find the solution of the math problems faster than individuals, and they share the block equally based on each miner's hash rate.
There are many pools right now that are pretty trustworthy, but that one that I use is triple mining: http://evilbeans124.triplemining.com
Mining bitcoins on a Mac:
This part is only dedicated on mining bitcoins for Mac users. If you're a PC user or a Linux/Ubuntu user, skip this.
  1. Go to asteroidapp.com and download the latest version of Asteroid
  2. Open Asteroid
  3. Under Mining Pool, select TripleMining
  4. Hide the application, go to whatever browser you use, and go to http://evilbeans124.triplemining.com
  5. Register for an account
  6. Under the workers tab, add a new worker (on the right side)
  7. Go back to Asteroid, and fill in your worker username + password.
  8. Start mining
  9. You're done
Mining bitcoins on a PC:
This part is only dedicated on mining bitcoins for PC users. If you're a Mac user, view above. If you're a Linux/Ubuntu user, skip this.
  1. Go to https://bitcointalk.org/?topic=3878.0 and download the latest version of GUI miner
  2. Open GUI miner
  3. Select Triplemining for the server
  4. Hide the application, go to whatever browser you use, and go to http://evilbeans124.triplemining.com
  5. Register for an account
  6. Under the workers tab, add a new worker (on the right side)
  7. Go back to GUI miner, enter in your worker username/password
  8. If you have any hardware, then select them in the device tab. If not, skip this step
  9. Start mining
  10. You're done
Mining bitcoins on a Ubuntu/Linux:
This part is only dedicated on mining bitcoins for Linux/Ubuntu users. If you're a Mac or PC user, view above.
Unfortunately, I have no experience in how to install any miner on Linux. The following website does however, so just follow it
http://www.distrogeeks.com/install-cgminer-3-7-2-ubuntu/
The end
I think I covered most of the points on bitcoins. However, if there is any mistakes/stuff that I should add, please put a comment below or PM me! It will be greatly valued!
I spent sometime doing this, so some donation will be very appreciated. My bitcoin address is on my signature.
Credits to bitcoin.com, bitcoinmining.com, triplemining.com/help, http://www.distrogeeks.com/install-cgminer-3-7-2-ubuntu/
Helpful? Considering mining in my pool: http://evilbeans124.triplemining.com (PM me if you STILL don't know how to mine bitcoins) Tip me at: http://evilbeans124.tip.me
submitted by evilbeans124 to Bitcoin [link] [comments]

2pm Mon 14 May 2012 - /r/technology

  1. "Right now we have access to every classified database in the U.S. government."- Anonymous news.nationalpost.com comments technology
  2. Pirate Bay Founder Takes Case To European Court torrentfreak.com comments technology
  3. Microsoft Funded Startup Aims to Kill BitTorrent Traffic torrentfreak.com comments technology
  4. Kodak Had a Secret Nuclear Reactor Loaded With Weapons-Grade Uranium Hidden In a Basement gizmodo.com comments technology
  5. Musicians Realizing They Don't Need Major Labels Anymore techdirt.com comments technology
  6. Zune hardware was a mistake, admits former Microsoft exec. theverge.com comments technology
  7. State of West Virgina installs $20K Cisco enterprise routers to support a handful of PC's... using taxpayer money. wvgazette.com comments technology
  8. Maximum PC | The Proof is in – The Switch From Fluxless Solder to Thermal Paste is the Cause of Poor Ivy Bridge Overclocking Temperatures maximumpc.com comments technology
  9. On Facebook's stock exchange flotation ..."In other words, the future of Facebook is on mobile phones, and we haven't the faintest idea how we make money from that" bbc.com comments technology
  10. Apple OS "really vulnerable", claims Kaspersky Lab CTO. computing.co.uk comments technology
  11. ACTA is not dead: "...it appears more likely than not that the [European Parliament's] Development Committee will vote in favour of ACTA." edri.org comments technology
  12. H.R.96 A.K.A Internet Freedom Act introduced by Rep. Marsha Blackburn on January 5th, 2011. What is it? opencongress.org comments technology
  13. How to save the space program? Build the Starship 'Enterprise' mydesert.com comments technology
  14. Civil liberties watchdogs oppose Senate cybersecurity bill fiercehomelandsecurity.com comments technology
  15. Adobe backpedals, will now patch software for free networkworld.com comments technology
  16. Engineer thinks we could build a real Starship Enterprise in 20 years. universetoday.com comments technology
  17. German Pirate Party wins 7.8% of the total vote in Germany's most populous state. torrentfreak.com comments technology
  18. London used CCTV to follow IOC members and turn traffic lights green for them. vanityfair.com comments technology
  19. Two schools near nation's capital take opposite approaches to education; One school believes "technology immersion will make their students more excited about learning and better prepared for college and careers." Teachers at the other school think "technology is a distraction and overhyped." washingtonpost.com comments technology
  20. Windows RT browser concerns to be reviewed by Senate Committee neowin.net comments technology
  21. Zune hardware was a mistake, admits former Microsoft exec Robbie Bach geekwire.com comments technology
  22. Yahoo CEO to resign allthingsd.com comments technology
  23. Loewe’s market cap rises to over €77 million by mid-morning, up from what had been €59.1 million before the rumor of an offer from Apple, even after traders had a chance to read the apparent denial. paidcontent.org comments technology
  24. The Future Is Now: Anything Can Be A Touch Screen Thanks To Disney Research idealab.talkingpointsmemo.com comments technology
  25. What is Yahoo actually for? guardian.co.uk comments technology
  26. Do humans dream of android prostitutes? extremetech.com comments technology
  27. A team of astronauts are being trained to land on an asteroid to explore its surface, search for minerals and even learn the skills they may need to destroy it should one pose a threat to the Earth. mytechnologyworld9.blogspot.in comments technology
  28. Bitcoins worth $87,000 plundered in brazen server breach arstechnica.com comments technology
  29. Rick Falkvinge: Why Are People Resigning Before The Copyright Industries’ Will? torrentfreak.com comments technology
  30. F22 raptor pilot "was to blame for the crash because he was too distracted by his inability to breathe to fly the plane properly." news.yahoo.com comments technology
  31. Bee research breakthrough might lead to artificial vision phys.org comments technology
  32. Ron Paul pleads with supporters to fight CISPA and Internet censorship breakthematrix.com comments technology
  33. Working portal turret prototype youtube.com comments technology
  34. A New Smart Phone Microchip Knows Just Where You Are, Indoors and Out with Unprecedented Accuracy technologyreview.com comments technology
  35. Yahoo CEO Scott Thompson out after resume scandal - May. 13, 2012 money.cnn.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

1pm Mon 14 May 2012 - /r/technology

  1. "Right now we have access to every classified database in the U.S. government."- Anonymous news.nationalpost.com comments technology
  2. Microsoft Funded Startup Aims to Kill BitTorrent Traffic torrentfreak.com comments technology
  3. Pirate Bay Founder Takes Case To European Court torrentfreak.com comments technology
  4. Intel caught out using cheap thermal paste in Ivy Bridge? -- Engadget engt.co comments technology
  5. State of West Virgina installs $20K Cisco enterprise routers to support a handful of PC's... using taxpayer money. wvgazette.com comments technology
  6. Zune hardware was a mistake, admits former Microsoft exec. theverge.com comments technology
  7. Maximum PC | The Proof is in – The Switch From Fluxless Solder to Thermal Paste is the Cause of Poor Ivy Bridge Overclocking Temperatures maximumpc.com comments technology
  8. ACTA is not dead: "...it appears more likely than not that the [European Parliament's] Development Committee will vote in favour of ACTA." edri.org comments technology
  9. H.R.96 A.K.A Internet Freedom Act introduced by Rep. Marsha Blackburn on January 5th, 2011. What is it? opencongress.org comments technology
  10. On Facebook's stock exchange flotation ..."In other words, the future of Facebook is on mobile phones, and we haven't the faintest idea how we make money from that" bbc.com comments technology
  11. Apple OS "really vulnerable", claims Kaspersky Lab CTO. computing.co.uk comments technology
  12. How to save the space program? Build the Starship 'Enterprise' mydesert.com comments technology
  13. Musicians Realizing They Don't Need Major Labels Anymore techdirt.com comments technology
  14. Adobe backpedals, will now patch software for free networkworld.com comments technology
  15. London used CCTV to follow IOC members and turn traffic lights green for them. vanityfair.com comments technology
  16. Engineer thinks we could build a real Starship Enterprise in 20 years. universetoday.com comments technology
  17. Civil liberties watchdogs oppose Senate cybersecurity bill fiercehomelandsecurity.com comments technology
  18. Windows RT browser concerns to be reviewed by Senate Committee neowin.net comments technology
  19. Yahoo CEO to resign allthingsd.com comments technology
  20. The Future Is Now: Anything Can Be A Touch Screen Thanks To Disney Research idealab.talkingpointsmemo.com comments technology
  21. A team of astronauts are being trained to land on an asteroid to explore its surface, search for minerals and even learn the skills they may need to destroy it should one pose a threat to the Earth. mytechnologyworld9.blogspot.in comments technology
  22. Bitcoins worth $87,000 plundered in brazen server breach arstechnica.com comments technology
  23. Rick Falkvinge: Why Are People Resigning Before The Copyright Industries’ Will? torrentfreak.com comments technology
  24. Zune hardware was a mistake, admits former Microsoft exec Robbie Bach geekwire.com comments technology
  25. Loewe’s market cap rises to over €77 million by mid-morning, up from what had been €59.1 million before the rumor of an offer from Apple, even after traders had a chance to read the apparent denial. paidcontent.org comments technology
  26. 'My NHS' app lets Windows Phone users take charge of their healthcare knowyourmobile.com comments technology
  27. Ron Paul pleads with supporters to fight CISPA and Internet censorship breakthematrix.com comments technology
  28. Working portal turret prototype youtube.com comments technology
  29. Internet provider TalkTalk to offer porn site opt-out for 4million families dailymail.co.uk comments technology
  30. A New Smart Phone Microchip Knows Just Where You Are, Indoors and Out with Unprecedented Accuracy technologyreview.com comments technology
  31. Yahoo CEO Scott Thompson out after resume scandal - May. 13, 2012 money.cnn.com comments technology
  32. Google may not be evil, but it's also not trustworthy latimes.com comments technology
  33. F22 raptor pilot "was to blame for the crash because he was too distracted by his inability to breathe to fly the plane properly." news.yahoo.com comments technology
  34. If you haven't seen the AMAZING Tron Dancing video with amazing choreography and light switch coordination, please treat your eyes to this video. youtube.com comments technology
  35. Diaspora social network to finally launch sometime after this summer theverge.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

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Asteroid Mining - A Review on The History

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