Bitcoin is a peer to peer payment system, where users can transact with each other without needing an intermediary. The network nodes verify the transaction and it is hence termed as decentralized virtual currency. There is an ongoing debate whether Bitcoin is a currency or not but this DIY Bitcoin Mining technique comes with a warning. You are obviously investing at your own risk.
To start, you need a pool account, a Bitcoin wallet, Raspberry Pi, SD card and USB Bitcoin miner. You start by creating an pool account, if you don’t have one already and set up paymentSet up workers. Once that is done, you can with installing the Raspbian. You can use more than one Bitcoin miner at a time but ensure you have enough power. Connect the USB miner to the Raspberry Pi. Install the required libraries along with BFGMiner. You can get the exact commands in the link given below.
And you’re done. Use the necessary command to start Bitcoin mining. If you have any doubts about how the Bitcoin work, check out the source link. Again, be careful. Bitcoin value fluctuates a lot. But if you have a free Raspberry Pi lying around, then start minting some Bitcoin!
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