[Music] going on everyone welcome Rabid here and today I'm going to be showing you guys how to mine
Bitcoin yes Bitcoin the largest cryptocurrency in the entire world the original OG the most secure
blockchain on the planet and that is Bitcoin it drives the crypto industry it drives the Bull Run
whenever you talk about crypto it's impossible not to talk about Bitcoin now in order to mine
Bitcoin you're gonna need one of these big bad boys right here this is an Asic an application
specific integrated circuit all this does is mine Bitcoin and Bitcoin only Asics are designated for
one algorithm one algorithm only and it dominates it once it's online but it cannot mine anything
else so you can mind Bitcoin if you want on a CPU Bitcoin originally started as a CPU mining
coin it then moved the gpus went through the ranks but now you need Asics because GPU CPUs they are
not efficient we're talking hashes versus Terra hashes here and it's completely a whole new ball
game when it does come to Bitcoin mining you need specific Hardware only now if you don't
yet have yourself an Asic Miner head on over to coin mining Central and get yours today
hey guys check this out I got another one for you are you looking for Asics but they're just sold
out everywhere maybe you want to start an Asic scalping business for 2025. coin mining Central
has everything you need there are 4.8 star rated trust pilot company as well as an Asic minor value
verify company as well and they got rabbits stamp of approval depending where you live you will get
free shipping through DHL and cold rapid mining will grant you a hundred euros off your order use
my link in the description get your Asics today and keep on hashing so we're in a bear Market
Asic prices minor Hardware everything is pretty much down right now we don't have much time left
until the bull run hits we got about a year and a half and once crypto prices start going up these
GPU CPUs ipolos everything all the hardware out there is going to start going 2x 3x 4X possibly
even 5x in price so it's kind of crazy out there some people just buy these when they're cheap and
scalp the crap out of them when bull runs come regardless we're going to show you how to mine
Bitcoin we kind of went over a little bit of the hardware you need an Asic pretty simple Bitcoin
mining is a simple process but we're going to jump into the workstation now and show you exactly how
to mine Bitcoin okay so you have your big bad boy Bitcoin Asic now you need a pool and for this I'm
gonna go with via BTC because you actually don't even need a wallet address if you're new to mining
or crypto in general research different Bitcoin wallets that may be best for you pretty much every
Bitcoin wallet will support Bitcoin and then you can just add it in later and pull it out
at any time that you want depending on how big your pool balance actually gets so we're gonna
rock via btc.com and as you can see it's about the fifth place pool here around 10 percent of
the hash rate or so maybe nine percent so lots of room for decentralization 32.47 EXO hash so a via
BTC the first thing you are going to want to do is register your account so just like registering
for anything else put in your email address it allows for a code put that in and you'll
get all logged in with your account name and so on so when you first log in for the first time
once you make your account everything will pop up right on the front page here right now I have a
worker already on it so you're not really seeing that so you might be like oh why are you showing
this don't worry it'll pop up but we're still going to go through the same steps it'll give
you your worker name and everything as well as the stratum to mine too in this case I'm just going to
add another worker you can see the stratum URL is down here to add a secondary worker so we're
going to copy that and next we actually got to go into the GUI of our Bitcoin miner so now to get
into your GUI you're going to search your router or use a network IP tool anything to figure out
what's all on your network and then an IP should come out named at mine or whatever once you do put
that IP into your dashboard you're going to need a username password and the both is both root so our
oot for the username and password will then bring you into the web GUI right here so we're going to
click on settings at that point and it'll have some random default stuff here so you're just
going to want to get rid of your pool one here paste in the strum that we just configged and
copied over from via BTC the smart stratum here second like I said on your main screen it'll have
your username as well as your worker name now you can adjust your worker name to whatever you want
but in this case the default is zero zero one I'm just going to roll with zero zero one here but we
can see my account is Robin Mining and then dot zero zero one and then your password will be one
two three you can set that password to whatever you really want at this case and then simply hit
the save button and your Miner will begin booting to Via BTC it'll take about five or ten minutes
but then you will begin to see your hash rate in Via BTC and you are now up and running Bitcoin
it is a very simple process now I'm going to show you why I kind of went with the smart mining URL
so if I click on this now you can see that I can change the BTC pool right now I am currently on
solo mode but I can change this once per 24 hours you can see right here it tells us in red you can
only change once within 24 hours so once a day you can change this but you can go to PPS plus
you can go to pplns or just straight up solo mind so PPS plus this pays you per share doesn't really
mean the pool it doesn't have to find blocks you know it's going to pay you based on the shares
that you send and you know the pool if it finds a block faster than a hundred percent luck then
the pool is going to make a little money off you now if the pool finds a you know 200 percent 150
or something after 100 luck the pool is actually going to lose a bit and you will end up winning in
that case so it's kind of a gamble doing the PPS plus thing it also works out to you know
large farm can just kind of push onto this and kind of take a block if it looks like it might
be in close now PPL and S this is for long-term miners here you know if you're mining for a long
time you fill up that pplns log then over time you don't have to worry about people profit switching
dumping in nice hash rate coming in and kind of taking that block reward away from you once
your share log is filled you're going to get full rewards and you don't have to worry about anything
really happening with other hash rate coming on or offline other than Network difficulty this also is
a big deal because you can actually use PPL and S to your advantage if you have a huge PPL and s-log
built up and say Bitcoin mining fees Spike you can then swap over to a PPS or a PPS plus plus
pool and then reap rewards of mining like doubling your hash rate almost because now your share log
here will start to wind down and then you're getting fresh pay by sending shares in here
so if you're smashing out and block rewards go from depending when the having hits at just over
three right now we're at six something depending when you're seeing this video you could be seeing
block rewards of 12 14 20 Bitcoin which would be insane you're going to be doubling up on both
sides because this you're no longer mining to but the shares are still there because you built that
log up so you're still getting paid for that full share log as until it winds down and then you're
also getting paid on top of PPS if you switch to another Pool so you can kind of play the system if
you know what you're doing here and solo obviously you're not going to get paid anything unless you
find a Bitcoin block itself which then you will get the entire block reward from Bitcoin and now
the biggest and most important part is how do you get paid we didn't put any wallet address in we're
using an account here maybe you're still deciding on which wallet you want to go with and finally
did let's show you how to get your actual payout so if you come up to here and actually click on
assets and now you can see the list of all these assets here obviously we're going to be getting
Bitcoin because that's what we're mining now all you gotta do is simply hit that withdrawal button
you can set up Auto withdrawals if you want this is a nice easy way you don't have to worry about
putting anything into the pool itself or anything but you can try transfer to coin X which is an
exchange for zero feet so that's cheap free is best uh enter user transfer so if you know someone
that's mining on this pool as well you can swap some coins to them or they can swap some to you
with a zero per zero percent fear as well that is free now here's what you would be doing for your
own wallet that is a normal transfer so at this point you would simply just click on this there
is a small fee involved it's not very much and then you put in your wallet address paste that
wallet address in here that's obviously not a wallet address that's just what I had in here
from the strata but your wallet address would go in here and then you just say you know I want to
send 300 Bitcoin to my wallet obviously if you don't have 300 Bitcoin it's not going to send 300
Bitcoin it'll send the amount that you actually have mined and stuff so far and then you hit the
withdrawal button and you will get your Bitcoin all right guys so there you go you should be up
and Mining Bitcoin on your big bad boy Bitcoin miner it's racking it in waiting for Lambo
I'm just kidding it all depends on your power price you know these things do use quite a bit
of power but you know it all depends if you're looking into Bitcoin mining you obviously know
kind of what's going on here so hopefully this video did help you out there's another Pool you're
curious about or not sure how it works let me know and I can test it out and I can give you the
lowdown I have no problem helping anyone that's why I'm here to help you guys out set things up
get up and mine and get up and roll now remember if you don't have a minor you're looking for a new
Miner or any other type of Asic Miner be sure to use those links down in the description the
coin mining Central I do have discount codes down there as well so hopefully that'll help
you out remember these things are going to start increasing in price very very soon so keep that
in the back of your mind also you may see the huge Contraption I got connected to this thing
normally these things are very loud but I do have past videos on how to silence these and turn them
into home mining Asics they're dead silent you cannot hear this you're actually the noise coming
from this is actually coming kind of from the little fans down there and stuff a little bit
of hum coming off that little fan on top there but like this thing is dead silent it's crazy
crazy outside of this thing is actually I got some my polos down there you're probably hearing that
but you're not hearing the Bitcoin miners we got a silencer there we've got an AC Infinity fan we
got the Bitcoin miner another silencer and a hose exhausting out the window so it's pretty insane
it's a nice sweet setup but if you want to check out how to do this and stuff you know check out
those other videos on how I silence this thing but I'll see you all in the next one Rabid Out
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thank you
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