best bitcoin mining pool Archive

Our four antminer S1's mining away. Doubles as space heater, and also nightime heat mat for our pair of bearded dragons

How do you mine bitcoin?

The entire bitcoin blockchain, for all the transactions it moves around, relies on bitcoin miners to keep the network humming away. Especially with the recent blocksize debate, the role of miners has come to the …

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If you'd prefer to buy quickly using a debit or credit card and don't mind paying a small premium, we recommend CEX.

If you're looking for an decent and reliable EU based exchange, we recommend and use Coinmate which is a low fee exchange with a maker/taker model, that offers Bitcoin, Bitcoin Cash, Ethereum, Dash, Ripple and Litecoin. You can also read our Coinmate review.

Alternatively, if you'd like a mobile app or web based trading platform you can join Coinbase. If you want to trade peer-to-peer (albeit with a markup) paying by bank transfer or cash, you can use the Irish version of LocalBitcoins.

If you want to buy a secure, hardware based wallet that supports Bitcoin, Ethereum (via MyEtherWallet) and other major cryptocurrencies including Dash, Litecoin and zCash, we use and highly recommend Trezor Bitcoin Hardware Wallet which is available in white or black from €83.49 + Shipping. You can read our Trezor Wallet Review to see why.

Alternatively there are other reliable hardware wallets available such as the Ledger Nano S which costs €59 + shipping or a Keepkey which costs $79 + shipping.

If you're looking for a simple, free mobile wallet for your iOS or Android device that also lets you buy and sell crypto, we recommend Coinbase which will give you €8 free bitcoin if you buy/sell more than €89 in crypto.

If you're just getting started with cryptocurrency, there are several methods to get your first couple of euro of cryptocurrency to put in your wallet.

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Want to use your computer to mine cryptocurrency? Cudominer lets you mine a variety of cryptocurrencies and you will get a bonus 10,000 satoshis once you mine your first 5,000 satoshis worth of crypto. Note, this could potentially cause damage to your machine as we learned the hard way so do it at your own risk.

You can also earn $10 worth of Stellar Lumens (XLM) or $10 worth of EOS by signing up to Coinbase earn and once you're registered get another $20 or so of other altcoins which you can exchange into bitcoin or ethereum

Finally, if you want to try a faucet to earn small amounts of crypto which pay out when you reach a certain threshold of bitcoin, you can roll the dice and potentially get up to $100 in bitcoin once an hour by registering with Free Bitco.in or alternatively sign up to Moonbit and visit the site every few hours to fill in a captcha and earn some crypto which you cna cash out to your wallet after reaching their threshold.