a mining machine

To mine bitcoins, there are three steps. 1. buy a dedicated1080 ti mining bitcoin mining machine, rent a space at a mining site that is specifically powered by a mining machine; 2. software, choose a mining software and a mining pool, power up and dig; 3. prepare a wallet to receive the mined bitcoins.

People who mine bitcoins are called miners. To be called a antminer s19 wattsminer, you need to buy a dedicated bitcoin mining machine. The three largest mining machine manufacturers in the world are currently located in China and are easier to buy. They are Bitmainland's Ant miner, Bitmicro's Sleipnir miner, and Jia Nan Cai Zhi's Avalon miner. After buying a mining machine, because of its high power consumption, noise and heat dissipation, miners generally look for a special room for the mining machine to host up, which can also be called a mining site. After preparing the hardware and site, you will also need to pick a dedicated mining software and the mining pool you want to access before powering up. Running the mining software is the only way to participate in the Bitcoin network's bookkeeping and distribution of rewards, and joining a mining pool is similar to joining a co-op, where today you get an equal share of the coins with everyone else, and tomorrow you get an equal share of everyone else's if you don't, as a way to guarantee the stability of your earnings. Currently, the top five mining pools in Bitcoin are also Chinese, so you can check the distribution of the computing power of the major mining pools. The final step is to prepare a bitcoin wallet to store your mining results. It is important to note that you must remember the private key, which is your key to get the bitcoins out of the wallet.

Once you've done that, you can start mining bitcoins online. Of course, thereantminer s19 for sale is also a way to mine bitcoins without buying your own miner, and that is to buy a bitcoin cloud mining contract, or cloud computing power. You pay for the contract and let the seller help you pick the mining machine and rent the mining site, and they take a commission. Although this way simplifies the mining process, the buyer cannot see the mining machine and has no control over the various joints of mining, which is quite risky and requires caution.