The prospect of collecting, or mining Bitcoin and other cryptocurrencies can be very appealing, especially if you’re looking to make some money on the side. It helps to be prepared though before you dive head-first into the endeavor, and this digital checklist should help.
Here are four items you need before you can start Cryptocurrency Mining
Fast Internet Connection
You will need a stable home internet connection of at least 10mbps for uninterrupted mining. More importantly, the connection should be stable- it’s recommended that you update your router as well so you won’t have to deal with weak wifi signals and bandwidth issues.
High-End Mining Hardware
A computer that has a dedicated video or graphics card should be enough to start mining cryptocurrency. You can set up a linux mining os in an existing computer, or go and get a new one for dedicated mining.
For the best results, you should invest in a dedicated mining equipment so you can save energy and get returns in a shorter timeframe.
A Trusty Guide
If you’re a beginner at crypto mining, then having a trusted website can certainly get you settled in sooner.
Minernav is one of the best around, with tools such as crypto mining calculator, and resources such as a crypto mining forum and crypto/gpu mining ranking so you can make informed decisions down the line. Your time spent mining crypto coins will usually be worth it with an online guide on hand. You can visit here and sign up for access.
A Cryptocurrency Wallet
You will need a digital wallet to store the crypto coins you’ve mined so you can store them safely. As it stands, you can choose from several crypto wallets, including apps, software, or offline. Most of these digital wallets are free and don’t take a lot of space in your phone or computer.
