How to Mine Bitcoin In Your Mom's Basement

por davidwalter7111
How to Mine Bitcoin In Your Mom's Basement

My cousin has always been one for cockamamie get-rich-quick schemes. This time, he's finally on to something: Bitcoin mining. Over the holidays, after a family dinner at his parents' house on Long Island, my cousin invited me downstairs to show me his latest big idea. In the basement, I came face-to-face with whirring machines, Ethernet cables, power adapters, and exhaust tubes snaking around the room. All of this, he explained, comprised one Bitcoin node and two Litecoin nodes. My cousin's new DIY cryptocurrency mining operation was booming. Bitcoin and other cryptocurrencies such as Ether, Litecoin, and Ripple have exploded into the mainstream over the past year. Skyrocketing prices have stoked an ongoing craze to get in on the action. Most casual traders are happy with simply buying and selling coins using exchanges and storing their cryptocurrency using wallet apps. But those looking to dig deeper (sorry) and willing to lay out some capital can invest in the hardware, software, a

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