Mining: Getting Started

Want to try a bit of mining as a taster?

If you're like me as I was a few months ago and want to dip your CPU/GPU/ASIC power into the deep seas that is cryptocurrency mining, you'll probably want a way that works for any OS, is simple, and gives you a decent reward (or at least enough that you'll break even). Unless you want to do hire someone to cloud mine for you, I stumbled across a really simple way to mine a few months back. (This isn't sponsored by the way)

I found the tool Minergate - simple because it removes the hassle of port forwarding, trying to find a good pool, finding the best currency to mine, etc.

Some benefits and detriments I found:

Pros

• Can work on almost any OS (certainly every major OS)
• No need to port forward (especially useful for double router homes like myself)
• Has multiple currencies you can pick one out of or auto mine the most profitable
• Has it's own pool so you don't have to have the best PC to make money
• CPU, GPU and ASIC mining can all be configured
• Easy setup: download and run!

Cons

• Most of the currencies are pretty minor
• Withdraw limit can take a while to reach with an average computer
• Mining speed is a bit slower then otherwise due to lack of port forwarding (although pretty minor)

Some tools that will come in useful:

• Shapeshift.io (converting coins into Steem or other things)
• Changelly (for the coins Shapeshift won't accept)

Overall, I think that you should try this before moving onto more serious mining if you want to do so, or just for recreational purposes.

@junu944