Can I mine bitcoin at home on my PC?

Yes. But it’ll be like printing a coin that’s worth 0.003p that cost you £50. So if you think the little coin is going to be worth a lot more in the future, then speculate away and follow this stuff below…

However a few people have asked me about it recently so I thought I’d make a simple post to guide you.

btw. You do this at your own risk! Graphics cards get hot and could melt your computer causing very expensive damage and data loss (especially on a laptop), electricity gets spent and a plague of frogs will hit you… anyway, I hold no responsibility for anything going wrong 🙂

Anyway, this should take 10mins to get going…

1. Download a miner for Windows, (http://guiminer.org/) and virus scan it, use AVG free (http://free.avg.com/gb-en/homepage)

2. Open it and put these details into the miner, there are linked to my account, all mining will be put to charity. If you want to mine your own coin, which I suggest you do try at some point, sign up to Slush’s pool and create a worker. Otherwise use these for now
* GUIMiner details
* Server: Slush’s Pool, https://mining.bitcoin.cz/
* Username: dancoure.sharedWorker
* Password: kjs**lL
* Flags: [leave this all empty]
* Device: Pick your graphics card
* CPU affinity: 1, 2, 3, 4 > just depends how hard you want to work it!

3. Start mining!

*** for advanced use ***

btw. This will be more exciting if you sign yourself up for a mining pool and see how much you’re mining. https://mining.bitcoin.cz/

btw. Get yourself a wallet from blockchain.info, here’s a Bitcoin address if you haven’t got a wallet. I’ll to put your earnings to charity. 18tkR2TdzHubtHBdqgBK5HfNk2LDocwMNT

Author: Dan Course

Dan Course, E-Learning Development at Warwick University (WMG). Agile Scrum trained and full-stack development. Interested in E-learning, Democracy, Politics and Tech. All thoughts are mine and not of my employer.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s