John Cook

How to mine bitcoin for under $99 John Cook

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. For beginner bitcoin enthusiasts, mining for BTC can be overwhelming. This guide outlines, in nuanced detail, the exact steps one needs to create a bitcoin mining rig, including hardware and software, complete with pictures, analytics and tables. This book will show you how to go from 0 to 100 by providing detailed step by step instructions on how to set up a bitcoin mining rig for under $99. You will have a fully functioning mining rig connected to a mining pool with a bitcoin wallet. You will understand the mechanics of profit and loss when building a mining rig and most importantly, you will have the framework and knowledge needed to create a PROFITABLE bitcoin mining rig for under $99. This step-by-step guide to building your own bitcoin mining rig and creating passive income includes: 1. Recommended hardware selection with step by step setup
2. Required software binaries and step by step installation guide
3. Network configuration and remote access
4. How to identify the ideal bitcoin wallet and recommended mining pool
5. Setting up your newly built mining rig to a mining pool
6. Calculating profitability including electricity and mining pool fees