The crypto currency aka Bitcoin Industry is under attack. We are witnessing a digital massacre, a virtual wipeout – a Bitcoin bloodbath. Crypto currency and Bitcoin buyers, miners and traders across the globe are dumping all their Bitcoins, Litecoins and alt coins, and are running for the hills. Bitcoin, the world’s greatest scam, is over. Dead, boned and buried.
Let’s move on.
Imagine please, Earth’s future, eternally controlled by the big banksters; old money; the economically elite families whose ‘hidden hand’ runs the world, makes wars, controls weather, and charges the citizens of the Earth a fortune in daily compounding interest on money they create out of thin air.
The banking cabal are a group of twisted, power hungry families whose relentless lust for money and power has systematically established a system of financial and legislative control that enslaves the vast majority of the human population to them, under threat of capture, prosecution, and imprisonment.
The people who own today’s banks really hate you, and they know how to control you. They make it hard for normal people to survive and thrive. The discourage real human development. The current economic paradigm enslaves humanity in the grip of never ending debt.
The global banking cartel control you because they make and control the money you need in order to live.
THEY make you go to your job on Monday morning, and the following four, five or six mornings that week, and the next week, and the next.
Yet you still think you’re the one calling the shots.
If you went to work for any other reason than you believe it was the very best thing you could possibly have done with that time, then you are not in charge. How could you be – you wanted to be doing something else!
Now I ask you to try to think about all those millions of lost labor hours that everyday working people around the world spend just on paying interest! Regular people, just like you, who also must turn up each weekday to a job that ties up their minds and bodies and saps their essence on a daily basis. This is not living – it is enslavement.
It is a criminal system that is absolutely corrupt at its core, and it must go!
WE, aka, ‘we the people’, aka the millions of working class people around the world, are sick of it, and we want change.
We want a world where we are not charged interest on money that someone else has created out of thin air. We want a world where we are free to creatively go about our lives without the hidden hand of the global elite controlling our moves at every turn. A world where we are free to transact, barter and trade with whomever we choose, instantly, transparently, and with a minimum of intervention from outside sources.
We want a financial system that is intrinsically secure, anonymous and efficient. And that is what blockchain technology (the cornerstone of Bitcoin and many other crypto currencies) provides for us. A secure and anonymous financial system that has a lightweight, decentralized footprint.
The very computers that run the Bitcoin network are spread around the world, and are owned by hundreds of thousands of small time as well as larger investors known as “Bitcoin Miners”, who provide CPU processing power from their own computer hardware, to the Bitcoin network, in exchange for payment.
Although Bitcoin mining does include working with some technical issues, it is in fact a fairly simple and straight forward thing to get into, once you have done your homework.
But hang on, hold up… wait up!
Bitcoin mining – are you mad??
“Why would I even want to get involved in that?!?” I hear you ask.
To be honest, I’m not sure why YOU would want to do it, but I know I want to, and here’s why:
Supporting the Bitcoin network, aka mining Bitcoin, not only earns me tiny amounts of Bitcoin minute after minute, day after day, but it also lets me shoulder some of the responsibility and workload that is required in order to wrest control away from the big banks.
And oh, how we want to take that control away from them. I personally hate being dominated by debt – debt totally sucks, especially when so much of that debt is interest on money that was created out of thin air.
Anyway, it is up to each individual person to decide whether they want to have control over their financial situation, or not. I cannot force you to become involved in Bitcoin mining. That is your decision. What I can tell you is that it is not as mysterious or complicated as you may imagine. In fact, it really is dead easy. What’s more, I’ll even tell you how to do it, then you can go and make up your own mind – I’m just sharing the information.
In order to get started in Bitcoin mining (and the same applies to most other crypto currencies), you need to understand what is required in terms of hardware and software, and have an adequate power supply to run them.
Or of course, you could always try cloud mining, which is also profitable, and beneficial to the network, but you don’t have the same level of control.
In a nutshell, here is what you need to get started mining Bitcoins.
You need some mining hardware. Mining hardware is really just a fancy name for a powerful computer that is designed for the main purpose of processing millions of mathematical calculations per second. The faster your Bitcoin miner is, the more calculations or ‘hashes’ it can run, and the more you will be paid for your mining efforts. But faster machines require more power, and have higher setup and maintenance costs, so think about your own situation and work out how much you can afford to invest in the way of money, space and power capacity.
I am reminded, and shall remind you, now, of the old adage, “scared money makes no money,” which essentially advises us to take a more measured approach to our mining and overall Bitcoin strategy, rather than grasp at the first thing that comes along as if it was a lifeline.
The Bitcoin industry is very volatile, and sometimes you might have to fly by the seat of your pants, but you can also insert a measure of stability by starting out slow and ramping things up gradually. Just keep your aim in mind and keep learning. Your greatest asset, right now, is information. Gather as much of it as you can, then turn that information into power.
There are two things you need in order to succeed. You need to be smart and you need to be ready. You are already ‘ready’ – whether you are smart is up to you. Smart people mine Bitcoins. Be smart. Mine Bitcoins.
Please note: Bitcoin miners need a stable electricity supply and in internet connection. If you don’t have either then you are going to need to get that sorted out before you begin mining. If you can use solar power to run part of your operation then you will save on the overall power cost in the long run but again, start out slow and take things one step at a time before going all out crazy. There is a smart kind of crazy and a plain old dumb type of crazy. Keep an eye out for my upcoming new book called, “Crazy for Dummies.” Enough said.
There are a few different type of mining hardware, from the very small to the very big. Did you know you can even buy little USB Bitcoin mining sticks? Check this out!
Some Bitcoin miners such as the USB Mining Sticks connect to your PC and are controlled with mining software such as CGMiner, which you can learn more about here or have a look on YouTube. Larger Bitcoin mining hardware usually has everything built right into them, and just need the operator to visit a webpage in order to set up your payment details before you start mining. Gotta send your new coins somewhere, right?
Bitcoin miners can be rather noisy, so consider your environment before purchasing hardware. If you live in an apartment block you might want to consider the effect on your neighbors before you go filling up your living room with loud equipment. Again, it is your choice and your neighbors. Some Bitcoin miners have a lower power mode which also means less noise, so that may be an option for running through the night. Keep researching, I say.
Once you have some mining hardware (and software if you need it), you then need to connect to a mining pool. A mining pool is a group of Bitcoin Miners and enthusiasts who combine the processing power of all their mining hardware and work together to process transactions for the Bitcoin network, collectively. This collective approach gives all members a much greater earning potential than if they just mine all by themselves. One great thing about mining pools is that you still keep your own mining equipment with you – you are still in control – but you share the rewards generated by everyone in the group, relative to the amount of mining power your equipment produces. So awesome!
One of the largest and easiest mining pools to join and use is SlushPool. Check it out…
Your earnings accumulate within the pool until it reaches the threshold for a payout, at which point it is sent to your Bitcoin wallet, which, by now, you may be familiar with. Try Jaxx or Exodus if you like, but there are many others.
So let’s take a quick recap of the main points covered in this article. We discussed the issues of control and financial slavery, explained the desperation of the global banking cartel to maintain their grip on the working class people of Earth, and how that desperation has cornered them into declaring all out war on Bitcoin and the other crypto currencies. We then introduced a few main features of blockchain technology and how that technology enables all of us to transact and trade around the world without third party interference. Finally we have shown you what you can do not only to support the Bitcoin network by providing hashpower into the system, but how your efforts in doing so can generate an income of Bitcoins into your own Bitcoin wallet. The future has actually arrived. We are living in the Bitcoin Age, and it is now time for the small time investors to break free of the control of the big banks and secure your own prosperity with the power of Bitcoin Mining and the technology of the blockchain.