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How to start mining bitcoins the easy way

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There are a lot of guides online on how to start mining bitcoins, and a lot of them require your pc running mining software and eating all resources or buying expensive dedicated hardware. This guide is for the option in between. A dedicated USB miner. It’s inexpensive and can get up to 2GH/s. I have bought an overclockable Bitmain Antminer U2 which can get up to 2.2GH/s if you overclock it.

http://ecx.images-amazon.com/images/I/51YQ00d3lrL._SY300_.jpgYou won’t get rich with this usb miner by the way. In six hours I mined about 0,5 eurocent. But it is fun to explore and try out. I paid 25 dollar for the usb miner, which is about 18 euro. So it will take me about three years to it earn back. Not to mention power consumption.

So once you have bought your usb miner. Download BGFMiner for your operating system. I needed the x64 version for my Windows 8.1. Unzip it and remember the location. (mine was C:\bfgminer-4.0.0-win64) The next step is to download the driver for the usb miner and install it. Plug in your usb stick and launch a command prompt (or create a .cmd file in notepad)

c:\bfgminer-4.0.0-win64\bfgminer.exe -o PROTOCOL://POOL_URL:PORT -u MY_WORKER_NAME -p WORKER_PASSWORD -S antminer:all --set-device antminer:clock=x0781

I have setup an account at bitcoin.cz this will give you an address like stratum+tcp://stratum.bitcoin.cz:3333 and the worker name and password.

BitcoinThe ‘clock’ hexadecimal variable is to overclock. Please keep in mind that this usb miner gets really hot by default. So add extra cooling if you want to go up to 2.0Gh/s or 2.2Gh/s

x0781 = 1.6 GH/s

x0881 = 1.8 GH/s

x0981 = 2.0 GH/s

x0A81 = 2.2 GH/s

Some tips:

Good luck mining!


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