How To Acquire Bitcoin (BTC) Through Mining

How To Acquire Bitcoin (BTC) Through Mining – The Easy Way

Crypto-currency is the new order of the day, especially bitcoin which seems to be the father of them all.

A crpto-currency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

This article will be teaching you how to create Bitcoin on your own at the comfort of your house without paying any registration fee or whatsoever. All you need is your time and dedication.

What is Bitcoin?

Bitcoin is a cryptocurrency created in 2009 and as you know, it is currently one of the world’s largest cryptocurrency by market cap. Bitcoin can be created, stored and traded.

How to Create Bitcoin

The only way to create Bitcoin is through a process called mining. Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin market are comprised of nodes or miners.
Miners are the people who process the transactions on the blockchain and are motivated by rewards (the release of Bitcoin) and transaction fees paid in bitcoin.  As of July 2020, there are roughly 3 million bitcoins which are yet to be mined.
You don’t have to worry too much about the mining process as I will be introducing you to an App that does all the process including adding of new blocks to existing blockchains because generally, mining requires the solving of computational difficult puzzles in order to discover a new block.

READ ALSO:  Top One Hundred (100) Best Educational And School Blogs In Nigeria 2021

This process is computerized, all you have to do is stay online while the app works and mine the Bitcoin for you. I will introduce you to mining in THREE phases

1st phase: Using your Mobile phone or Tablet

With your Mobile phone or tablet, you can actually mine easily through a process called SDM (server dependent mining). SDM doesn’t need to utilize your device’s C.P.U hence doesn’t drain your battery and doesn’t consume your data too.

However, the cryptocurrency obtained in this way can be transferred to your Bank account.
Click on https://cryptotabbrowser.com/15465938 it will automatically redirect you to Google play store where you can download the app (cryptobrowser) It has two options (Basic version or Pro).

As a newbie, Choose Basic and download the App
Sign in with your google account and a confirmation link will be sent to your gmail
Once you have confirmed, it will take 24 hours for the mining to be activated.

READ ALSO:  Sure And Fast Way To Secure Admission, Scholarship Abroad

How to Activate your mining
Step 1: Click On The CryptoBrowser App on your phone; you would be displayed a graphic Inter-phase which has icons at the button.


Step 2: Click on the first icon from the left displaying at the buttom of the home page, For some device,you can easily see the icon on the main page of the home page with the caption as “mining.”


Step 3: Select the server dependent mining option and you will be displayed the speed of your mining.


Step 4: Do not close the App completely when mining, you can minimize it and do other things on your phone, The mining will still be going on In the background.


PS: The more time you spend on the browser, the more your mining increases. I will advice you just use crytobrowser as your default browser cos it’s worth it. The Best part is that you can easlily mine on multiple mobile devices. It will automatically syncronize your mining once you are logged on to the same account.

2nd Phase: Using your P.C (A laptop or desktop

With a P.C, you can access the type of mining called hardware mining. This type of mining is very fast due to the fact that it makes use of cloud boost. Once you have used the previous link and downloaded your app on your p.c, the mining is activated immediately. All you have to do is to click on the mining icon on the top right corner of the browser to activate the mining.

READ ALSO:  Npower Build Portal www.npowerbuild.npvn.ng/home Latest Update
3rd Phase: Affiliate

After you have activated your mining you will be given a link ID which is an 8- digit number for example:15465938
This ID is your your personal log in and can be used to gain active miners under you if you don’t have the time to be mining. Once you share your link with your friends and They install the app and start mining.

Their mining automatically adds to yours.
I hope this article is helpful and don’t forget to share. If you have any questions, please fell free to use the comment box. I will attend to them all.


JOIN To Get Free Daily Updates
Click Here To Subscribe to Yabacampus.com by Email

RELATED POSTS:

Leave a Reply

Your email address will not be published. Required fields are marked *