Can anybody tell me how to mine Bitcoin?
Here's how you can mine bitcoin at Bitminter:
Your work gets registered in shifts. When someone mining in the pool finds a block you get paid. Your share of the coins from the block depends on your share of the work done in the last 10 completed shifts.
Unfortunately it is pointless to mine bitcoin with just a PC since 2013.
To mine bitcoin now you need to buy a modern bitcoin ASIC miner (not the old USB-based ones). Mining bitcoin with a PC is now pointless. Even 1 TH/s (1000 GH/s) is now very slow. The fastest miner currently for sale has a hashrate of 16 TH/s (16000 GH/s).
Bitcoin PC mining ended in 2013 when ASICs took over. Mining one bitcoin with just a PC now takes millions of years. At this point even USB-based ASIC miners are useless. Mining today is done with modern stand-alone ASIC miners that don't need a PC at all to mine. You should get at least a 1 TH/s (1000 GH/s) or faster ASIC machine to start a small mining-at-home operation.
You can look for miners at https://halongmining.com
- there are also miners on https://alibaba.com
, or have a look at used miners on https://ebay.com
. Make sure you buy a bitcoin miner, there are also miners for other coins. Don't buy obsolete USB-based miners, today even 1000 GH/s is very slow.
When you buy a miner you can use the prices from the websites above as reference prices. Compare price per GH/s. Remember to add the cost of a power supply if it is not included.
When you get your ASIC machine, connect it to the pool at stratum+tcp://mint.bitminter.com:3333 and as user name put your Bitminter user name, an underscore, then a worker name, e.g. MinerGuy_asic3. Send X, 123, or whatever you want as password - our server won't care.