mining for bitcoins tagged posts

October 25, 2013 / Posted in  Bitcoin

I noticed a few page views of my other Bitcoin mining article, so I thought I’d do a follow up this week. I’ll talk about how to mine for Bitcoins on Windows and how to configure a mining rig with more than one device. Currently I have a 2 USB ASIC block erupter configuration mining for the BTC Guild (now closed). Below I’ll talk more about my performance and approximate BTC earn rate.

Previously I had a single USB ASIC block erupter mining off my work MacBook Pro laptop, but I couldn’t mine 24/7 and was wasting time constantly starting and stopping my mining rig. I decided to get a second USB ASIC block erupter and setup a permanent mining rig.

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October 10, 2013 / Posted in  Bitcoin

Bitcoin is a cryptocurrency which can be used for payment of goods and services. Part of the reason Bitcoin exists, is due to the voluntary computer systems out on the Internet running the program that supports the Bitcoin network. These voluntary computer systems are often called “miners” in the Bitcoin community. Miners do the calculations to ensure payments are only able to be spent once, and they update the master ledger or “block record” with transaction data. There is also a slim chance these miners can get free Bitcoins – which is the motivation to join and support the network.

The History of mining Bitcoins

In the beginning, computer CPUs powered the Bitcoin network...

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