How to Mine Bitcoin and Which Wallets to Use, or Bitcoin, Mining and Wallets 💰⛏️💻
Channel: Hetman Software: Data Recovery for Windows
Date: 2018-01-29

👍 I’ll tell you about Bitcoin - what it is, how to mine it, and what bitcoin wallets to use for storing it. Bitcoin, digital currency or cryptocurrency is only the lines of a computer code that have certain monetary value. It is a form of digital money created by mathematical calculations and controlled by millions of computer users known as miners, but it has no physical form.

How To Recover Deleted WebMoney Keys and History Files: https://hetmanrecovery.com/recovery_news/how-to-recover-deleted-webmoney-keys-history-files.htm

Сontent:
0:00 - Intro;
1:05 - Bitcoin mining;
3:06 - Bitcoin wallets;
3:24 - Why do you need a Bitcoin wallet?
7:34 - Mining software ;

Online wallets:
Blockchain – https://blockchain.info;
Electrum – https://electrum.org;

Hardware wallets:
KeepKey -
 https://keepkey.myshopify.com/collections/frontpage/products/keepkey-the-simple-bitcoin-hardware-wallet;
Ledger Nano S - https://www.ledgerwallet.com/products/ledger-nano-s;
Trezor - https://shop.trezor.io/?h=7472657a6f722e696f;
Digitall Bitbox - https://digitalbitbox.com/shop.

Mining software:
BFGMiner - http://bfgminer.org/;
CGMiner - https://bitcointalk.org/index.php?topic=28402.0;
EasyMiner - https://easyminer.net/;
Nicehash - https://www.nicehash.com/?lang=en.
NiceHash Miner - https://miner.nicehash.com/.
BTCMiner - https://www.btcminer.services/.

Antpool - https://www.antpool.com/support.htm.

Now here are my conclusions on the issue. To make mining successful and profitable, you’ll need to create your own mini-farm or a pool of several graphics adapters. Ideally, it could be a specialized device, an ASIC miner. Neither central nor the graphics processors of your home PC (leave alone your smartphone) are good for any profitable mining. Their effectiveness looks miserable. 

That is all for now. Hit the Like button and subscribe to Hetman Software channel. Leave comments to ask questions. Thank you for watching. Good luck.

Other videos: #Bitcoin, #Minning, #BitcoinWallet, #CoinExchange, #cryptocurrency.