Can I Bytecoin BCN Mine With My Pc
How to mine Bytecoin (BCN) on pool. In this video i will show you how to mine Bytecoin (BCN) on pool. More innformation about Bytecoin (BCN) you can find.
Cryptocurrencies represent awesome payment systems that enable anyone to send and receive money to and from anyone in the world; convert it to fiat currencies easily and use it to buy whatever one might choose whether online or offline. However, one of the drawbacks of crytpcorurrencies is that it can be somehow hard to buy them, especially in selected countries where it is difficult to open a bank account. Throughout this article, I will show you three ways to make money online in the form of cryptocurrencies using just your laptop/PC and an internet connection: 1-Blogging on Steemit.com is a blockchain based social network, that incentivizes its users for posting and curating (upvoting) content.
On Steemit, you can make money online, in the form of crypto, for posting new content and/or curating (up-voting) the content of others. The social network has three forms of currencies/tokens: • STEEM: which represents a cryptocoin that is tradable on a number of exchanges such as Poloniex. • Steem backed dollars (SBD): whose value is linked to the USD. SBD is also tradable on cryptocurrency exchanges. • STEEM Power: which are influence tokens that give users control over the amount of earnings they gain by posting and curating content.
When you publish a post on steemit, you will receive rewards for it after 24 hours depending on the number of upvotes it received by other users, who curate (upvote) content. Your earnings will be divided into 3 portions a. 50% will be in the form of STEEM Power b.
25% will be in the form of STEEM c. 25% will be in the form of SBD STEEM and SBD can be instantly transferred to an exchange and sold for Bitcoin, while you can only convert STEEM Power to STEEM, to be able to sell it, through a complex process known as “Power Down”. 2- Mining Altcoins Via Minergate: Even though I remember that I used to mine around 1 whole bitcoin every 36 hours in 2010,using just my PC, it is now impossible to mine bitcoin and most major altcoins using a PC, as the networks of all these coins have grown massively and their networks’ difficulties have skyrocketed too. However, there are a handful of altcoins that you can still mine using a PC with reasonable specifications. Provides a descent service that enables you to mine a number of altcoins using your PC or laptop including monero, bytecoin, ethereum, ethereum classic and others. The software also has a great option; “Smart mining”, which automatically picks up for you the best coins to mine according to market prices and network difficulties.
How To Start BridgeCoin BCO Mining. With a few clicks, you can download, install and start mining cryptocurrencies using your laptop. The higher the specifications of your PC (processor, RAM) and GPU, the bigger the amount you can make via. Roughly speaking, a dual core i5, 8 GB RAM PC with a 1 GB Nividia Geoforce GPU can mine what is worth around 10 cents per day. 3- Donating your PC processing Power for Gridcoin GRC: Gridcoin Research (GRC) is a cryptocurrency network that is created to facilitate multi-party computing and reward volunteers who donate their computing power to BOINC projects with GRC. You can make between 8-30 cents per day via donating your PC’s processing power to the gridcoin network. Follow the and in less than 20 minutes, you will be earning gridcoin for donating your computer’s processing power.
Image source: Flickr About Dr Tamer Sameeh. Make Money On Litecoin LTC Mining.
According to my knowledge, is the best platform where you can start your PC/cloud mining season if you are new at bitcoin mining. You can mine several currencies by using our laptop or computer or Minergate cloud, you just have to do as follow,_ • Registering completely free. • Download and set up the program on our personal computer, which for me personally is one of the easiest to use that I’ve tried.
You can choose the cloud mining platform where you don’t have to use your own gadgets, as everything is already been setup for you. • Select the currency you want to mine, and start mining your favorite cryptocurrency in no time. Depending on the capacity of each team it is recommended to mine different currencies. Easy and simple to mine is the Bytecoin (BCN) so that it is the cheapest and the most challenging we have the Litecoins.
In my case, I use to mine Bytecoin(BCN) and Ether(ETH) as they are easy to mine and have batter future. Ether is not actually but Bytecoin is very easy to mine and you can start mining them with an average of 15-25 Hz/s hash rate. You can see the picture of Bytecoin mining status. I have tested Minergate to mine Bytecoin using a low-end PC and in just 4 and 1/2 hours of mining, I have this result.
After you done with your mining and earn enough coin it’s time to exchange that Bytecoin(BCN) to BITCOIN (BTC). This is because Bitcoin has more available opportunities to spend or again use them as an investment. So you now need to create an account with.
Here you will exchange your already mined currency to BTC: Inside our MinerGate dashboard, you need to choose what currency you want to remove, for this example, we use Bytecoin (BCN). • Now Login to your account • Now click on “BALANCE’ • Select Bytecoin ( because we have taken BCN as an example, you need to select what currency you want to exchange.) • Now click on deposit and your payment ID will appear like this,_ • Visit your Minergate dashboard and withdraw your Bytecoin (BCN) to this payment ID.
After getting required network confirmation your BCN will appear on account. • when you have your Bytecoin in your Poloniex account you can exchange them to Bitcoin (BTC) using the exchange tool well presented on the website. Repeat this process again and again.
Mine easy currency using and exchange them to BTC on. This will make your Bitcoin mining easy and faster than the average number of people. If you have any queries related to this put them into comments and I will try to help as much as possible. Thanks again for being here.