Question

How do I mine bitcoin?

Answer 1

Answer:

Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. On average, one Bitcoin is mined every 10 minutes, and the rigs involved in creating a new block split the reward amongst themselves.

Answer 2

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• Get a Bitcoin mining rig. If you want to start mining in the first place, you have to own a mining rig. ...

• Get a Bitcoin wallet. The next important step is to set up a Bitcoin wallet. ...

• Join a mining pool. ...

• Get a mining programme for your computer. ...

• Start mining.

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