cryptocurrencies like Bitcoin and Etherium has gotten huge this last year or so it's so big that you won't even get your hands on any AMD graphics cards there are X 405 and series are sold out almost everywhere even in South Africa one of the suppliers sold over five hundred to a single minor which is crazy so the reason cryptocurrencies are so popular now is because of how easy it is to mine and how profitable it is one Bitcoin is $2,800 and etherium is 260 dollars so that's a lot of money just for something you mined in your spare time so in this post, I'm going to tell you guys how to start.
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Bitcoin mining I'm first thing on the focus on bitcoins because it's the easiest to get at the moment so I'm going to tell you guys how to do this at home with your PC your gaming PC you can just leave it there it does everything on its own you don't have to do anything just pay electricity bill that's all okay so before starting rich we could take a look at the Bitcoin price so at the moment it's going for two thousand eight hundred and eighty dollars it went up like just this ain't going to go with five pretty crazy dollars it keeps going up so just to show you guys today it almost reaches three thousand dollars so that's just today let's take the loss so let's take the loss.
here let's just check how that spite's going crazy now lets we check out aetherium as well so it started at like $14 $10 $11 and then it just shot up which is pretty crazy so easier theorem is also not bad to mine the only thing is we're going to mostly focus on the night hash minor which mines in bitcoins so that's but you can also do this if you wanted to so next up let's quickly take a look at the water mine calm so this is also just to show you guys how many different types of coins there are there's thousands of them so these are just the ones that are currently the most profitable so, for instance, Taiwan but just you and I have to worry about these.
I'm just going to show you guys so there's nice hash it's really going strong with naysha nice hash at the moment and then there's a theory most also growing but next up let's take a look at nice as the minor ok so to start mining you're going to need a nice hash minor so you can just go to nice hash comm and click on the cell hashing power so once there you can just click on the nice hash miner over here click on that you're going to download and then you're just going to install the program again then once you've opened the program you will see this this is the nicest miner you'll see up here you're the server location I just personally use the hunter damn one you can see your Bitcoin address over there and your worker name cheating change that if you want to and then also you see your jeep your CPU and a GPU which you can mine with sometimes you won't see a CPU it which it doesn't support but personally you're not going to CPU cannot but person you're not going to mind with your CPU because it's just going to be a waste you can mind with the GPU so just - all you have to use let's recreate a wallet which I'll show you guys now and then you're just going to start so then once it starts you'll actually see down here the global write you how much you're making per die.
So I'm making about three dollars per day your balance at the moment and then how much you is D that is so that's just for a week though so let's see it keeps out for a week and then pays you out so it went a bit up over three point three so let's see that's all you have to do you just stop mining like that so how it works it it uses different algorithms to mine with so it actually mines your theory M as well and then like Z cash as well and then it converts that into bitcoins and they pay you out in met coin because bitcoin is the most popular with some of the miners with some of the programs you can actually see your temperatures your usage and how much power you're using so that's just a nice indicator but anyways let's quickly check out our the rest of the settings so first off when you're going to start it's going to ask you to run a benchmark to see how much you're gonna make so these are the different algorithms you can use some GPUs don't have all of them so personally I've find that Q hash library and Lyra mines the best for me.
so you can just run that and then that's pretty much all you get your additional settings your address again worker named blah blah blah and then also the different algorithms you can select to run with so that's pretty much it for the miners pretty straightforward so now I'm quickly going to show you guys how to create your own Bitcoin wallets I prefer to create your own Bitcoin wallets you can use the link in description it's a philia thing that will take you to wire X so the affiliate link will help me and also help you if you use that you're gonna get 25% off on your Bitcoin cord so the Bitcoin core is actually literally a debit card you can use to draw money at a ATM or just swipe in-store so that's really really awesome I'm personally ordering one now and once it arrives so all you do is let's use register for free you're going to put in all your details and everything blah blah blah and that's pretty much it so once done you're going to come here and you can see all your bit going to how much you've made and then also this is going to be the where anything happens so when you've got money when you spend money it's just going to show here so at the moment.
Today I was paid out by nice ash and I made point zero three bitcoins just around that off so that's just for the week so that's about an $85 around about there so that's not bad for just a week of work and for doing nothing so you can also see here I've got point 1 5 bitcoins I've made that's about four hundred and twenty dollars so that's not bad for actually doing nothing so you can also create your virtual core which you can go use some online stores like eBay and Amazon and then also you can order your Bitcoin core which is about when I ordered was about eleven dollars so if you use my affiliate link you'll get 20% 25% off which isn't bad and then ya like I said I'll just arrives just to actually show guys if it works and if not but likelyif you create the the wire scout and you find it's not useful you can just transfer all your money to a different wallet.
So that you won't be stuck just on Wrx it's just going to cost a small transaction fee okay so that's pretty much it for the wallet now I'm just going to show you guys actually how much your cards will make so let's for instance say you have a gtx 960 3 gig which some like one I have now so down here you can add electricity cost as well I don't pay electricity so I don't really care I put it on the lowest you can go on 0so you can add it there so they say it's just 10 cents per kilowatt hour and then let's quick calculate and then just going to show you actually how much you can make so this is your clean incomes like up for the 24 hours you're going to make three point six dollars and the power cost is going to be about 24 sinks which isn't a lot that's a profit of 3.3 I dollars per day so let's take that in a month that's about a hundred and seven dollars profit of the hundred and seven dollar income and a hundred dollars profit so for doing nothing you can get a hundred dollars so that's literally you can pay off.
The ten sixty that you get paid off in seventy five days if you run it strict so here you can see the algorithms that's going to make you the most money so but likely nice hash does everything for you so you that you don't have to do anything we can quickly take a look at the AMD card so let's we could take the RX 5 580 for instance so they do use a bit more power so you can see up here at the cost and the power the 1060 used about a hundred watts and it costs a bit more though so just keep that in mind but you can pay this one off in seventy seven days so the ten sixty is actually catching up to the card which is really nice and then also you can go up to let's say high precision have a 980 as well you late that and then that makes also about three dollars around butter they usually make about three dollars but you have to calculate in the cost of the card and then also the power so this one's going to take 150 days so that you eat twice as long just to pay off so you can just come to the nice hash profit calculator it's literally down here on nice hazards website and then you can just add your Corder it does have a few different ones so one of our old course was a 650 TI I can let me show you guys you don't make anything on that so come here just to check before you start.
I would say if you have a GTX 970 or higher you can actually do it lower than that you're not really going to make that much GTX tent by 960 it's going to make you about 1.5 which really isn't that much so I rather say you could have a new record or or stronger older course so I can show you guys the 1050 Ti as well that's about $2 so that's also you pay it off in 72 days so that's pretty nice and then once you've started mining everything you can see how much you actually make this is your statistics us your wallet address and everything that will show you how much you make so at the moment I make about $7 a day and I have made $2 today 2.4 dollars just for today so yeah you can see how much you've made that's where the payout mark is so I was paid out of it at 12 and then this is the race I made so you can also see the next payout it's going to be about 48 dollars if I keep but my current mining and then for the daily income you'll
see that that's so that's just a rough calculation of how much you will make so like I said the nicest miner is just so easy to work with you're literally don't have to do anything it does literally everything for you so you just sit back you just mine again you just have to unfortunate very for electricity there but that's kind of all so again you just cry the wallets you down like nicest minor you just say start and there you make money so there is still a lot of stuff you have to consider like the exchange and where you actually have to exchange your money your your Bitcoin into real world money if you don't use yrx where you can actually get a card so that's a bit of an issue and then also your hardware so it does reduce the lifespan of your hardware and then you're gonna.
if you want to go into bigger stuff you're going to need a dedicated miner so that's also a lot of money you're going to spend but I am going to buy a few cards just to start mining want to get a six cord rig so I'm gonna go into a lot more detail later on this is just literally to show you guys how to startmining and get some money so again it's relatively simple to do this I hope this article is actually easy enough for you to follow I'll see how it actually goes my first like tutorial article almost so please let me know in the comments below guys.
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