Bitcoin Mining for Beginners – Episode 5: ASIC Miners
Buying an ASIC Miner I decided that, after two months of mining with repurposed PCs, it was time to try buying a dedicated ASIC miner for Bitcoin. But just what is an ASIC miner, and why did I want one? Well, I suppose we should start with just with a
Bitcoin Cloud Mining
Bitcoin Cloud Mining is a Minefield. Here’s Why. The math doesn’t work. Bitcoin cloud mining makes no economic sense. If you OWN a mining farm why not make the most money possible just mining cryptocoin yourself? That’s the best way to make the highest profits possible. If you’re selling bitcoin
The Big Bang Bitcoin Theory
The Big Bang Bitcoin Theory – Funny But True The very idea of The Big Bang Bitcoin Theory had me grinning. I’ve been a fan of The Big Bang Theory for years (who hasn’t?). As TV goes it’s one of the most profound sitcoms of the modern age. So naturally
DragonMint 16T Bitcoin Miner: A Gamechanger
The DragonMint 16T Bitcoin Miner has the Bitcoin Mining World Excited. There are excellent reasons why. The DragonMint 16T Bitcoin Miner is advertised as the most efficient bitcoin miner ever. Boasting 16 TH/s with a draw of only 1432 watts this new ASIC miner is every bitcoin miner’s dream come
Bitcoin Mining Pools
Bitcoin Mining Pools Need to Be Minded. You need to mind your bitcoin mining pools the same way any shop owner needs to mind the store. In the last 24 hours I’ve seen this firsthand. Prepare to be astounded and amazed at how performance among bitcoin mining pools can vary…
Bitcoin Mining for Dumbasses
Bitcoin Mining for Dumbasses is a public service. This bitcoin mining guide is meant to be as educational as it is entertaining as a recent eBay sale I made for an Avalon Miner 741 went horribly wrong. Why did a simple sale go horribly wrong? You’ll understand after you read
Bitcoin Mining for Beginners Episode 1
Bitcoin mining and investing in Bitcoin is very alluring. Fast moving prices, ease-of-entry, allure of quick riches. However, bitcoin investing is relatively easy compared to bitcoin mining. We’ve all thought about getting started. We’ve all read the stories of people who spent a few hundred dollars in 2009 being millionaires
Bitcoin Mining for Beginners
Bitcoin Mining for Beginners It all started in July when bitcoin got my attention. Specifically bitcoin mining. I spent WEEKS just reading articles on bitcoin itself absorbing every syllable on the subject. From forks to exchanges to different cryptocurrencies to media coverage I spent the better part of a month