Start Mining Cryptocurrency Today: A Simple Guide to Get Started

Start Mining Cryptocurrency Today: A Simple Guide to Get Started

You may hear lots of people talk about mining cryptocurrency and have lots of questions related to that. In the simplest definition, mining cryptocurrency is the act of acquiring cryptocurrency without investing dollars directly to buy shares. Instead, you provide the computing power via your own computers, and they are used to run complex algorithms to verify crypto transactions. Start mining cryptocurrency today and begin earning by contributing to the blockchain’s validation process.

The technology behind cryptocurrency is known as the blockchain. There is no central ownership of blockchain but instead, everyone has access to every transaction taking place. To validate these transactions and assure nobody is trying to make illegal claims, the technology depends on the user base to verify each transaction and after doing so, let the blockchain know that the transaction is valid. Not everyone does this mining or verification.

According to IT development company experts it requires lots of computing power to solve complex algorithms which in terms validate transactions on the blockchain. For doing this work, you get rewarded with free cryptocurrency. The more powerful of a computer you use to do this mining, the more free cryptocurrency you can get.

Is Mining Crypto Currency Really Free?

As we all know, there is no free lunch out there. This is the case with mining cryptocurrency as well. Instead of paying directly for shares of coins, you instead make an investment in computer hardware. It is that computer hardware that does the mining and makes you free crypto. To really do mining the right way, you obviously need a computer to start with.

Most people mine using graphical cards that are inserted into the computer. These cards, also known as Graphical Processing Units (GPUs), are typically used for gaming applications. The computer offloads the processing power needed to render the game’s video display from the central processing unit (CPU) to the much more powerful GPUs.

Most computers can hold up to two separate GPUs. Obviously you can make  more “mining” with the extra processing power if you have more GPUs. The more mining you do, the more cryptocurrency you can accumulate.

The issue is that these GPU cards are expensive. For a decent GPU card, you will need to spend over $300 per card. These can go up into the $1000’s of dollars. On top of the investment in hardware, you also need to consider the electricity that you will be paying for in order to run these mining computers.

So as you can see, serious mining is not for everyone.

How Can The Little Guy Start Slowly into Mining Crypto Currency?

So this is my intent with this article. Instead of scaring the general public away from the concept of mining, how can normal people like you and I get started slowly into the cryptocurrency mining game?

There are several different companies out there where you can download their software onto your computer and begin to mine cryptocurrency. Most require that you have GPU’s installed on your computer. In cryptocurrency lingo, the computer doing the mining is known as a “rig”. The “rig” can have multiple GPU cards associated with it, it all depends on how you built your “rig”.

Since the GPU’s are expensive, the ideal way for someone to get started with crypto mining is to be able to mine with only your CPU. Every computer comes with a CPU. The mining software I’ve come across that lets you mine with just a CPU is one called Minergate. It’s easy to use, easy to set up, and lets you start mining cryptocurrency right away with whatever computer you have.

Of course, mining with only a CPU will take a lot longer to accumulate cryptocurrency. The more powerful the CPU, the better mining you can do. As an example, mining with a CPU could possibly only provide you with 5 to 10 cents profit per day, as compared to mining with a GPU which may provide you with up to $3.00 per day in profits. Regardless, this is at least a way to get started.

Start Crypto Mining with Minergate Today

The nice thing about Minergate is that you can set up as many computers as you want on the same account. If you have several computers in your family, each can run the Minergate software using the same email login ID. This allows multiple computers to mine at the same time, increasing your profitability per day. Essentially, you would start your own little mining farm of computers.

As you get more into it, you can add a GPU unit to your computer. Minergate will then automatically mine on both your GPU and your CPU, as long as you tell it to.

You can get started easily with crypto mining, even if you don’t plan to spend a lot on expensive hardware. It will take longer to accumulate cryptocurrency, but without starting, you won’t be in the game. It’s up to you to decide if mining this way is worth it.

Once you get started with simple CPU mining, you’ll get hooked and want to speed things up. You can do this by adding more computers to your mining setup or purchasing additional GPU cards for your desktop.

How Can I get Minergate Software?

Minergate software is available from their website. By virtue of supporting me via the information I’ve provided in this article, I would ask that you use the link below to get your Minergate software and start setting up your mining operation. This is a referral link that you too can take advantage of once you’re a member and allows you to earn extra cryptocurrency for each person you get to sign up. The link to use is:

By clicking on this link, you can get started with your own mining. This is truly passive income since your computer is doing all the work even when you aren’t around as well as while you are sleeping at night.

Minergate allows you to mine several different crypto coins of your choice. It also allows you to do what they call Smart Mining, where they will decide which coins to mine based on which will give you the best returns. Start mining cryptocurrency today and take advantage of Minergate’s Smart Mining feature to maximize your profits.

Conclusion: Time to Get Started

Hopefully, this article gave you some understanding of how to start mining cryptocurrency without investing much in hardware. You won’t get rich with this method (CPU mining), but it’s a great way to get familiar with cryptocurrency mining. Once you start, you’ll likely want to find ways to increase your daily profits. As mentioned earlier, there are options to expand and improve your mining setup. That can be done easily enough by purchasing GPU cards to add to your current machine or by adding additional computers to your minergate network.

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