How to mine Bitcoins?

Bitcoin mining is done by computers that are highly powered and are able to solve complex mathematical problems. So basically you need a powerful CPU to mine Bitcoins as well as a cryptocurrency wallet. Then you will have to join a mining pool, a group of miners that work together to increase mining power, in order to get maximum profitability. Then you will have to solve complex problems to verify 1 MB (Megabyte) worth of transaction. The first person to solve the complex numerical problem will be awarded Bitcoins.

“A Mining Guide already posted in Cryptocurrency Pakistan Facebook Group which highlights different aspects of mining and is a good read :

Was this article helpful?

Related Articles