If you are interested in taking advantage of the huge Bitcoin price surge recently which took the crypto currency passed the $12,000 mark, or would just like to understand more about Raspberry Pi bitcoin mining process. You might be interested in the videos below which show how to use your Raspberry Pi mini PC together with a few pieces of software and a little bit of extra kit to start mining for crypto currency. In the third video below you can see the Raspberry Pi bitcoin mining taking place over 12 hours to see what you can expect to see if your rig is working correctly. In order to mine Bitcoin, you will require:
– A pool account
– Bitcoin Wallet
– Raspberry Pi
– Raspbian image SD card
– USB Bitcoin miner or similar
Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.
If you’re interested in learning more about bitcoin mining it might be worth jumping over to the Instrutables websites in the link below which explains the process of Raspberry Pi Bitcoin Mining in detail and takes you through setting up your own system.
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