16 Apr '13, 1pm

Bitcoin mining for fun and (maybe) profit

Bitcoin mining for fun and (maybe) profit

I t’s been impossible to go on the internet or pickup a newspaper over the past few weeks and not read about Bitcoin . The cryptocurrency has captured the interest of everyone from hedgefund managers to economists to anti-government groups. For many, the coverage has created more questions than answers, ranging from inquiries about the legitimacy of Bitcoin as a currency to more simple matters such how, “How does one spend a Bitcoin?” Most of all, people are asking “How do I get Bitcoins?” And, unlike so many things, it’s easier to do than it is to explain. A practical approach to Bitcoin mining For now, we’ll skip the academic explanation of what it means to mine a Bitcoin and why you are mining , not creating. This article will be a practical guide to mining Bitcoins at the amateur level. Yes, it’s late in the game — Bitcoin started in 2009 and the growth since then has ...

Full article: http://www.geek.com/apps/bitcoin-mining-for-fun-and-maybe...

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