Bitcoin Mining Guide for Linux Users
3Commas Trading Bots
If you are HODLer and got some Bitcoins, let it work for you. 3Commas is a comprehensive crypto trading platform that allows users to make use of automated trading bots as well as follow and copy the actions of successful traders and to create and track top portfolios.
Are you fond of free, open source operating systems based on Linux like Ubuntu? You’re not alone. There are a lot of people who love it and they love Bitcoin at the same time. What if you want to mine some coins using these operating systems but don’t know how? We’ve got the answer for you.
A Little Bit of History
There are many such people who love these operating systems among the Bitcoin network. It is obvious because these operating systems are a sort of a symbol of the free and open Internet. A few years ago, these operating systems were considered as a good option or a competitor to Microsoft’s Windows operating systems. Probably the reason was Microsoft’s attitude to their customers and almost monopolistic control of the market. The same was with the cryptocurrency. People needed something which could replace an old and imperfect fiat monetary system and the solution had been given in 2009 by an anonymous programmer. Satoshi Nakamoto, who created and uploaded the Bitcoin documentation into the Internet as an open source project. So, in other words, Bitcoin is the same symbol and therefore these people are interested in the cryptocurrency.
Firstly, you need to followin order to download the necessary software. There you can download an online wallet to store your cryptocurrency, make transactions and purchases or transfer your money to other uses. On the page, click the button “Desktop” and choose your operating system. The third one, of course. So, you’ve settled on a filter and now can choose an application for your computer which works with your open source operating system. There are eight applications. Choose one of them, download and install.
Binance: one of the best exchanges in the world!
If you are looking for a trusted top class crypto exchange that has hundreds of trading pairs on a highly secure site, you should try Binance! Website is nicely designed and works perfectly. The all round high quality of operation and customer experience make Binance one of leading exchange in the industry. Register and find out for yourself!
Download a Client
As you have an online Bitcoin wallet, you’re able to get and send your money using an online address. Then you have to get these coins. That’s where Bitcoin mining starts. Next we need a particular software that’s specially designed to calculate the algorithms in order to get a reward from the network. First, you can stay on the same page and download Bitcoin Core. That’s an official client and a wallet at the same time so it’s convenient. It takes some time to download, so be ready to wait for a while.
Join a Pool
Now you have an official client you can start the process of Bitcoin mining. We do not recommend you start solo because it is useless. A mining pool is a particular platform where thousands of people like you, work together in order to get a low but at least continuous income. The reward is shared between everyone according to the hashrate of. That’s a mining pool. Join any and start your mining.
As you can see, the process is completely the same as with the Microsoft Windows operating system or a Mac. You don’t need to worry about any differences because people have already thought about that issue before. Simply download necessary software and start mining.
Wanna Try the Best Crypto Experience?
Crypto.com is an App, that have a multi cryptocurrency wallet where you can earn up to 12% p.a. on your crypto, interest will be paid weekly into your wallet. Also you can get a Metal Visa Card with excellent rewards and cashback or get an instant loan! If you will use a button below for signing up you will get a $50 bonus.