What is cryptocurrency mining?
People who are running software and hardware aimed at confirming transactions to the digital ledger are cryptocurrency miners. Solving cryptographic puzzles (via software) to add transactions to the ledger (the block chain) in the hope of getting coins as a reward is cryptocurrency mining.
How do I start mining Cryptocurrency?
Well its quite simple, you need to have the following things for you to start mining
NOTE:Mining Bitcoin/Ethereum is way to expensive since the difficulty is way more than it used to be few years back, I would suggest other ALT-Coins like Monero,Litecoin,Z-cash etc.
Which may vary from a normal PC to Mining RIG(Purely depends on what and how you would want to start).We can start mining with normal PC with a simple CPU and if possible GPU(If you want earn something) or if you able to afford to build a Rig , which would simply mean investing from 200$ to maybe 5000$ you can build a rig.But the more you invest the more you have the chances to get back the money you invested sooner.
If in case you are up for building Rig these are my suggestion
Best CPU for CPU Mining
1.Intel Pentium G4400 Skylake Dual-Core 3.3GHz Desktop Processor
Best GPU for Mining
I've listed out some of the Best GPU for Mining, there may be many more models
Best Mother boards for mining
What should be my power supply for mining rig ?
You can use any Power supply unit ranging from 450 Watt to 1200 Watt, The more power supply more number of GPU you can support
ASIC Mining using Ant Miner
All of the below listed are the only hardware that you may get back your money back.
1.S9 AntMiner-Bitcoin Miner(BTC)
4.AntMiner R3 (BTC)
6.D3 AntMiner -DASH coin Miner
If you are looking for Mining Combo then the below pick for starters
Softwares used for Mining
1.Single Mining -Command prompt (Nanopool is my personal Favourite )
2.GUI based -
Wallets for Investing as well as receiving CryptoCurrency
1.Coinbase - You would free 10$ once you join.
Apart from this we do have Other Pools also , but make sure which one would be better before you join Other Pools Details
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