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The simplest way to get involved in bitcoin mining is right here.

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There are two ways to get started mining bitcoin:

Personal mining: After purchasing a mining machine, you can locate an appropriate location, install and test it with a stable power supply and network, access your wallet address and mining pool, and begin mining (you need to have some installation skills or instructional videos).

Centralized mining: Find a safe and stable mining site, after the purchase of mining machines can be hosted, the mine will generally have professional maintenance staff inside the management, responsible for all after-sales, which is very easy for white people without mining experience.

Here's a quick rundown of the entire mining ownership process.

The first step is to transfer funds to the designated account based on the number of units purchased and the price at the time. This step is very simple; it is a general bank transfer that can be completed via mobile banking or at a bank counter.

Step two is to sign the contract. If it is a local contract, I can bring m31s whatsmineryou to the company to sign it, or I can send the contract to the company after you have signed it. If the customer is foreign, the contract can be used to express the way, the next day can arrive, SF is now very convenient, Guizhou so far away from the customer are the next day to receive the contract.

The third step is to wait in line. According to the order of your payment, this company will transport a batch of mining machines from Shenzhen logistics to Chengdu, and then from Chengdu to the mine, and power on, network, boot up and run the mining program, and test. At the same time, you must provide the company's customer service with your name, bank card number, and bank name. When he sells the coins for you later, it will be simple for him to pay you.

The fourth step is to monitor the mining machine once it hasmining app been turned on. There are two major tasks. The first is to monitor the operation's status. The company will send you an observer link, which you can click to open your phone's browser and check the miner's current status. 2. Determine how many bitcoins the miner has produced.

If the mining machine produces a relatively normal horizontal line that fluctuates slightly, it is in good working order. If that line goes down and drops off, it means the miner is either offline or malfunctioning.

The miner will mine a small amount of bitcoins every day and will automatically display the results from the start of mining to the current cumulative amount, allowing you to see how many bitcoins were mined that day and the total production at a glance.

For example, if you've been mining for 20 days and believeminer gate you've amassed a certain number of bitcoins, and the price of the coins at the time is favorable, and you want to sell, you can simply inform your company's client that you want to sell the coins - tell him on WeChat. He will sell your bitcoins for you at the 10:00 a.m. price on Bitfinex that day, and will provide you with the bank transfer and sale record. The money will be in your bank account by four o'clock that afternoon.

It is simple to become involved in mining, but it is also necessary to choose when to enter the market. When the price of the coin falls, the price of the machine falls as well, lowering the cost of mining.

We all know that coins are not mined at the time of settlement revenue, but you need to find an ideal price to sell yourself, so no matter what time you mine can not affect mining earnings, so this time we are more important to account for the cost, low cost wait until the price of the coins rose to sell the coins, this time not only high earnings and fast return on capital. However, if you are in a high-priced field, your income may be substantial; however, if the price of the coin falls, your income will also fall, and the return cycle will be much longer. So, if you want to participate in mining, deciding when to enter is a challenge!