in just a few simple steps
now if you've heard about bitcoins
you've probably heard about Bitcoin
mining Bitcoin mining is the process of
turning computing power into actual
bitcoins it allows you to generate
bitcoins without the need to actually
buy them now a lot of people would say
that money cannot be done at home
because you need very expensive
equipment in order to start mining this
is not entirely true any computer can be
used to mine bitcoins even the oldest
and the weakest laptop you have lying
around at home actually not too long ago
a successful experiment must wait were
in that a 55 year old IBM computer was
used to mine bitcoins anyway whenever
you start looking for guides on how to
mine bitcoins it's always very technical
with terms like hash rates and shot 256
and all sorts of other weird stuff so
you find yourself struggling with these
terms until you finally just give up on
the notion of mining bitcoins altogether
and you know just move on now the good
news is that you can mine bitcoins at
home using any computer you have lying
around in a simple and easy process the
only thing that you need is just a
computer with internet access of course
and personally I would suggest using a
computer that's not really doing
anything else because once you start
doing this it's going to be pretty
demanding on the computer and it's going
to slow it down substantially so first
go to triple WM intercom that's bi T
MinC are calm on the navbar select join
and create an account make sure to
remember your username as you will be
using this in the following steps then
go to tools bit mentor client and choose
latest update this will download the
file to your computer so you can start
mining bitcoins once the file has
finished downloading just run it and
follow the simple installation
instructions it doesn't matter if you're
running on a Mac Windows or Linux
computer the program will run smoothly
on any operating system you just need to
make sure you have Java installed if you
don't the program will ask that you
install it once you run it once the
program is up
engine start enter your username and
voila you are now mining bitcoins from
your home computer a few important
things before we conclude make sure to
keep your computer cool down using a fan
or a dedicated coding device because if
you don't it may overheat and damage
itself you'll also notice that if you
might on your home computer you will
probably vary mining very slow and won't
get enough bitcoins to even cover the
electricity cost of running the computer
for example on my computer I made about
13 satoshis after the full day of mining
if you want to calculate how many
bitcoins you can light on your own
computer just use some mining calculator
and enter your processing speed you can
see your processing speed at the bottom
right side of the big mentor program if
you want to increase your mining rate
you can always attach dedicated Bitcoin
miners to your home computer
today's Bitcoin miners are known as a
sick miners ASIC stands for application
specific integrated circuit and it's
basically an ultra-powerful computer
designed for just mining bitcoins you
can find many use miners on eBay or you
can just buy one online to sum things up
you can still mined bitcoins at home
using any old computer you're not going
to be very efficient but if you want to
get a taste of what it means like to be
a Bitcoin miner you can do so in just
two minutes using the techniques we just
discussed if this video helped you out
I'd appreciate you liking it tweeting
about it or sharing it on Facebook I'll
see you in the next video
Hey guys i'm john from 99bitcoins and
today i'm going to teach you how to mine
bitcoins at home using your very own
computer
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