Hey everyone,
I wanted to share a new guide that we just released to help people get started mining Bitcoin Cash in 2020. It should be useful for beginners who are looking into mining as a hobby. Obviously mining popular cryptos like Bitcoin and Bitcoin Cash requires better equipment than other cryptocurrencies.
This guide is meant to cover most of what you need to get started, and it talks a bit about the different types of mining methods you could engage in, for example:1. Solo mining
2. Join a pool for mining
3. Cloud mining
It also covers important parts of mining, such as:1. What type of mining hardware you need
2. How can you calculate profitability
3. What software to use for your mining gear
4. What are the different mining pools you could pick from
5. Difference between the different mining methods (solo - pool - cloud)
6. And the steps to get started mining
Additionally, we talk about some of the common questions asked by beginners when looking into mining, such as:1 ) Do I need a mining rig or can I mine Bitcoin Cash with my computer?
2 ) Can I use any wallet for my mining rewards?
3 ) Is it safe and legal to mine Bitcoin Cash?
4 ) Do I need to pay taxes on mining BCH?
You can read the full guide here on
Bitcoin Cash miningLet us know if there's anything you are also wondering about that we haven't covered in this guide!
Have a nice day!
