How to Mine Bitcoin at Home: A Simple Guide for New Hobby Miners!

While there are lots of beliefs that you need to have a huge, expensive setup to mine Bitcoin at home, that’s not entirely true. While the odds are pretty slim to make money mining bitcoin as a small at-home miner, it provides an excellent way to learn more about bitcoin, and you never know, you could still end up finding a block and receiving that 6.25 BTC block reward. In this guide, you will learn what Bitcoin mining is, and how it works. and how you can mine at home.

Ewa Patoka
Published in
5 min readOct 10, 2022

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✅ What is Bitcoin Mining?

Bitcoin mining is the process through which Bitcoin transactions are processed, new blocks are added to the Bitcoin blockchain, and new units of Bitcoin are introduced into circulation.

Mining is a technical process that involves the use of computational power — commonly referred to as hash power — via specialized mining hardware to solve…

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Ewa Patoka
Coinmonks

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