Now the fun stuff can start taking shape . In my previous posts we looked at wallets , Multi-Wallets and Cloud Mining Services. But what about actual mining using your own Personal Computer.
Although it won't be possible for you to mine Bitcoins with you home computer , i am going to show you how you can do X11 mining using your PC and a graphics card. We will be mining Bytecoins using Minergate to increase our Altcoin supply which can be exchanged for Bitcoins or used to upgrade our already running cloud services.
Minergate is the easiest way to start mining.
Minergate is a mining pool of miners from all over the world mining Altcoins that are still min able with your personal computer. Even though you will be mining much faster when you have a Graphics card installed into your personal computer ,minergate even allows for CPU mining which means it uses your computers processing unit to mine.
Now to give you an indication of how much you will be able to mine , i am running 5 x PC s with no graphics cards and i am mining 5000 Bytecoins a day which has the equivalent value of about 0.00045000 BTC a day. Now that might not sound like much , but add a good Graphics card and you are up to 10000 Bytecoins a day which is more than enough to keep upgrading my CLD and other Cloud Mining Service with no out of pocket expenses.
Setting up Minergate
If you have tried setting up your pc before to start mining crypto currency , you will know it takes quite a bit of technical experience which just isn't the case with Minergate.
Any one with no technical experience can start mining with in the next 5 minutes and it doesn't cost you a cent. It really is that quick and easy. You will need to register a account with minergate and visit the download page.
Download and install the app onto your pc , log in and start mining.
When the Miner app is installed onto your computer it will display as above . You will need to click on miner and the mining page will open up. 2 Types of mining will be displayed and more than 5 different Altcoins that you will be able to mine.
The first mining option will be CPU mining which will use the processor on your motherboard to do the mining. The second mining option will only display if you have a Graphics Card installed into your PC.
All you will need to do is to click on<START MINING> for the process to start.
Now if you have a few computers standing around , all you have to do is to download the app onto all the computers and log into the app with the same Log in Credentials. All the pc s that have the app installed on them will now be mining together .
To see how much all of them are mining together , open up minergate on your Internet browser and click on the <DASHBOARD> . The dashboard will display all the machines and how much K/s they are mining at all together. The Dashboard on the browser is also where you will be able to withdraw your coins mined.
If you are considering playing around with the mining of Altcoins with your own machines , I would say your own the right track. The Bitcoin price will not decrease in value and experts suggest it could go up to $1200.00 a coin. When running a few machines on minergate , even with only there CPU s on a consistent basis, you will earn enough to keep upgrading your Cloud services and other Investment opportunities that i will still share with you.
Also , you don't need to connect screens , keyboards , mouses and other hardware to these machines when they are mining. You can install TeamViewer on the machines so that you can remotely control them from one desktop . Buy yourself a decent size HUB and connect all the machines to a network.
Make sure that all the machines have internet connection so that they are able to send and receive data.