What are the minimum hardware requirements for mining in a bitcoin pool? Note that I'm not looking for profitability, this has been answered numerous times. I'm more into setting up an old computer to learn how things work. But I guess there are minimum hardware requirements to be able to mine at all, e.g. Being able to transfer blocks when a hash is found and a new block gets the attention. Are there any limits in the pools? Pools might not want participants that are so weak that they just create administration?

Dec 18, 2017 Bitcoin mining is a very competitive niche to get into. As more and more miners come on board with the latest mining hardware the difficulty to mine. Cheapest BridgeCoin BCO Mining Hardware.

If so, what is the minimum hash rate level, or is there another figure limiting pool access? If you are purely out to learn, consider mining on the bitcoin testnet (the alternate bitcoin network that is identical except for running on a different port and allowing non-standard transactions). There you can even easily mine without needing any pool. If you do insist on working on the Bitcoin port, really just about any pool should still allow you to participate.

The question might be, though, what mining software is appropriate. If your choice involves downloading the blockchain, then its sheer size (>7 GB) may constitute a hardware constraint. But if you mine in a pool anyways, there is no reason for your miner to need access to the blockchain, unless you want it to verify that you do not unwittingly participate in a 50% attack.

Bitcoin Core gives you increased and at a cost. You need to for the security of your bitcoins, meet higher, and beware of some. No matter what Bitcoin software you use, you should never buy more bitcoins than you can afford to lose. Bitcoin is still an experimental system and bitcoins remain a risky investment. Wallet Responsibility Checklist Bitcoin Core puts you in charge of your wallet, which means your bitcoins are at risk unless you complete certain tasks: • Backup your keys • Make sure your wallet is secure • Setup an offline wallet (cold storage) for significant amounts of bitcoins • Watch for • Allow your heirs to receive your bitcoins if you die or become incapacitated If you need help with any step, please ask for assistance in any of Bitcoin’s. System Requirements.

Bitcoin Cash BCH Mining Results. • Disk space 145 GB • Download 500 MB/day (15 GB/month) * • Upload 5 GB/day (150 GB/month) • Memory (RAM) 1 GB • System Desktop Laptop >1 GHz • Operating system Windows 7/8.x/10 Mac OS X Linux * Plus a one-time 140 GB download the first time you start Bitcoin Core. Possible Problems • Legal: Bitcoin use is • Bandwidth limits: Some Internet plans will charge an additional amount for any excess upload bandwidth used that isn’t included in the plan. Worse, some providers may terminate your connection without warning because of overuse. We advise that you check whether your Internet connection is subjected to such limitations and monitor your bandwidth use so that you can stop Bitcoin Core before you reach your upload limit. • Anti-virus: Several people have placed parts of known computer viruses in the Bitcoin block chain. This block chain data can’t infect your computer, but some anti-virus programs quarantine the data anyway, making it more difficult to run Bitcoin Core.

This problem mostly affects computers running Windows. • Attack target: Bitcoin Core powers the Bitcoin peer-to-peer network, so people who want to disrupt the network may attack Bitcoin Core users in ways that will affect other things you do with your computer, such as an attack that limits your available download bandwidth.