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Bitcoin Exchange By: BaseInstinct V1. 0

Get Started Bitcoin Mining

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Learn how to quickly get started in minutes with Bitcoins and Mining your own. Learn how to exchange within an environment where you don't need a fast GPU.

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  • 1. Bitcoin Exchange By: BaseInstinctV1.0

2. What is Bitcoin? 3. How do you get a Miner? I personally recommend getting BFG Miner Located BFG Miner To Do: Download .Zip file Save to ~Documents/Bitcoin/ Unzip in New folder ~/Bitcoin/BFGMiner/(files) Dont open .exe file yet 4. Not Just yet Your not quit ready to start mining Bitcoins, BFG Miner will ask you for a set of server authentications and you have not received those yet. Next steps Get a Wallet This stores all your Bitcoins and helps you transaction them Find a way to exchange and build your Bitcoin Army Then your ready to Mine! 5. Bitcoin Wallet Im going to get to the point because this is suppose to get you started quickly just Mining. You have Two Options Mobile Bitcoin (App) Coinbase (APP) Desktop MultiBitNow once you have a wallet downloaded and installed, Next Slide 6. Making it a bit fun Everyone knows we have a stock exchange and a currency exchange well you guessed it. The same thing exists for Bitcoins. One company holds the biggest share and pools online currently offering better currency exchanges and a larger amount of Bitcoins per Mine. cex.io They also own ghash.io By signing up for cex.io you gain access to ghash.io Once you have verified your account Next Slide 7. Setting up your Miner and Cex.io Cex.io will deal with all exchanges between three main currency's BTC (Bitcoins) NMC (NameCoins) GHS (Gash/or GHS) GHS is a cloud based Miner (Worker) The workers job is to solve the algorithm and get you Bitcoins Cex.io allows you to spend BTC or exchange it in favor of GHS, this will allow you to Mine quicker and using less of your personal GPU. Once you have looked at the Three currency's Next Slide 8. Why GPU? The idea is to solve a mathematical equation using your processor. Yes, people do use CPUs but GPUs work better especially if you are using AMD compared to Nvidea.. More info YOU MUST HAVE A GPU (A good one, I am not accountable for a non-working PC/workstation because of your miss-judgment) I am simply teaching you how to set up a Miner if you have a proper GPU, I recommend watching your GPU TEMP. 9. Hook up Now lets get your Miner working with Gash.io Open Gash.io from the Navigation Menu from Cex.io You should see something along this line There should be two server addresss From Personal Experience nl1.ghash.io:3334 works a bit better What you should have Server Host : Stratum Server Username : your cex.io username + .worker1 If you add more machines later worker1 will change to 2, 3, 4 etc Password : same password you used on cex.io Once you have all of those, Next Slide 10. Hook Up, Miner Go back to your ~Documents/Bitcoins/BFGMiner/ Open file named bfgminer.exe It will ask you for three things (Can you guess what?) Url : Server Host Username : your cex.io username + .worker1 Password : cex.io password You should now see your CMD prompt come to life Your not done yet Next Slide 11. Miner continued Now you need to detect your GPU Simply type M Then follow that by + Then type auto That will allow you to auto detect your GPU Once your GPU has been selected, your looking for Blocks and Mining. Keep your Ghash.io Panel open to see your Ghs speed Next Slide 12. Tips and Tricks This was only to get you Mining There is great amounts of information out there once you start seeing how this works. Give this a few hours, then check back to your BTC Balance to see how you should monitor it going foreword. Once you have started gaining BTC, you can trade it for GHS and Mine quicker on their cloud Servers 13. Getting your BTC You have a Wallet and a Mining account You need your BTC into your Wallet for Safe Keeping You MUST wait 48 hours as a new Member, but its simple Go to your wallet and it gives you an Address Take that address and use it when you withdraw an amount 14. Thank You I hope this can really get individuals started as this is a very lucrative business that many individuals dont know about. Your guaranteed to make BTC, what you do with it is all up to you. If this helped you, simply share my Power Point Thank you!