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GEMECS MINING BITCOINS
If you are a minor, you have no chance to make a profit without an ASIC. Unless you start Bitcoin Gold mining. This is why GPU prices have sky-rocketed in recent years. Alright, are you ready to learn how to mine Bitcoin Gold with your home computer? This is what you need to know to start your journey. It's possible to mine Bitcoin Gold using your computer's processor. It's not as effective, though.
Think of painting a fence. Yes, you can paint a fence with a toothbrush CPU. But why would you do that when you can use a proper painting brush GPU? Okay, how to mine Bitcoin Gold? What hardware do you need to buy? That depends. You're good to start. Don't expect to make bank or retire from your day job, though. Bitcoin Gold mining requires a much more powerful system to make serious money.
Remember, you only get paid if your machine solves the hash function first when solo mining. There are ways to get around that by joining a Bitcoin Gold mining pool, but we will talk about that a bit later. For now, you are only going to see what Bitcoin Gold mining on a consumer-grade computer is like.
If you earn some Bitcoin Gold in the process, great! Once you know your way around the process, you can start working towards a more mining-centric PC. What does that involve? You need to get several powerful GPUs and find a way to cool the entire system. Six video cards is a good goal to start off with. Don't skimp on it.
Cheap ones won't be efficient in converting power. Your system will run hotter. You will need more electricity to power the system, cutting into your profits. A good Motherboard is also essential. Only Ethereum is in favor of small miners which can be currently mined using standard GPUs. Always mine whichever is most profitable at the moment and use that coin to trade for speculative coins. So be sure to check What To Mine and other mining calculators routinely.
Its up to you which coin you choose and how long you mine. Just keep the miner configuration ready so that you can switch between coins anytime you wish. A decent graphic card on your desktop computer can mine them. This is a modified version of Equihash which uses more memory than the original version. As a result it favors small miners with common technology.
Today anyone can mine BTG with readily available graphics card. Here is a step by step guide for Bitcoin Gold mining. Now to start mining you need to choose three things. You need to setup a wallet for your earnings.
Solo mining is not possible so for steady stream of income you need to choose a mining pool. Get a suitable mining software and setup the software accordingly to mine Bitcoin Gold. But do note that setting this up takes a lot of time as it downloads the entire blockchain.