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Building your first GPU mining rig

Let’s get started building your miner

Assembly is relatively quick but you should spare yourself a few hours if you’re new to this. Youtube videos on “how to build a computer” will be extremely  helpful if you want a visual guide on assembly however I will lay the steps out the best I can in a text format. I’ll also put some recommended videos at the bottom that will help you better understand the assembly process.

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Hardware Wallets

What are hardware wallets?

A cryptocurrency wallet stores the public and private keys which can be used to receive or spend the cryptocurrency. In case of bitcoin and cryptocurrencies derived from it, the cryptocurrency is decentrally stored and maintained in a publicly available ledger. Every piece of cryptocurrency has a private key. With the private key, it is possible to write in the public ledger, effectively spending the associated cryptocurrency. Read More

How to setup and use NiceHash

What is NiceHash?

NiceHash is the world’s largest crypto-mining marketplace. It is based on the concept of a sharing economy by connecting sellers and buyers of computing power from all over the world.

Sellers are provided with the easiest way of earning money through the NiceHash Miner (GUI software) that autosells user’s computing power for highest possible profit on the marketplace. The dashboard provides sellers with additional value and data insights for better day-to-day mining. Read More

Cryptocurrency Exchanges

What is an exchange?

Cryptocurrency exchanges are where you can buy, sell, or trade cryptocurrencies for other digital currency or FIAT.

What should I look for when picking an exchange?

I don’t recommend signing up for just any exchange that promises you any guaranteed returns and be on the lookout for scams. Not all are created equal and some may put you at risk. You should research the reputation and reviews from existing users of the exchange you are considering as they may reveal things you would have failed to notice during signup. Another important aspect of exchanges is the fees associated with them. You should find the exchange “fees” page and review is carefully to see if it fits your criteria/comparison with other exchanges. Read More