Bitcoin - Mining for beginners (NiceHash)

in #bitcoin8 years ago (edited)

Bitcoin - Mining for beginners (NiceHash)

Hello fellow bitcoin enthousiasts,

This article is ment for those who want to start mining bitcoin, but don't know where to start yet. NiceHash is one of the easiest ways to get some bitcoin in your possession and it's free to use. You don't really have to got a lot of knowledge of blockchain and crypto's to see what your daily income will be.
To start of you go to "nicehash.com", click on the "Sell Hashing Power" button, download and install NiceHash miner.
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It is possible that your anti-virus software detects NiceHash miner as malware. To be safe; close your browser and then disable your anti-virus (at least for the time you are mining). Start the Nicehash miner, do the benchmark first (as instructed). Choose "standard benchmark", select your CPU/GPU's you want to mine with and press "Start". This could take a few minutes and is necessary for NiceHash Miner to determine your income while mining.
Make sure you entered a valid bitcoin address and you're ready to go😉.
It's possible to create an online account/wallet on the nicehash website.
You can check your stats by clicking on the link in your miner.

NiceHash compares different algorithms to see which algorithm is the most profitable and switches between them to get you the most income.

If you're getting a missing file error-message, you can copy the missing files from your NiceHash install-folder\bin to your main install-folder and it should be solved ;).

Still got trouble installing or mining with NiceHash, feel free to comment me. I'm not an expert, but will do my very best to solve your problem or answer your question(s).

Good luck and have fun mining your first coins.

Kind regards,
😁 Mad Mike 🙃

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