Bitcoin For Beginners – Learn How To Mine Bitcoin ! – Part 1

What is Bitcoin? and How do you mine it? Well, this video will go over Bitcoin mining and show you how to set up Bitcoin Mining Software on your computer. Bi…
Video Rating: 4 / 5

More information on http://www.weusecoins.com This video is a short animated introduction to Bitcoin, made possible with donations from the Bitcoin community…

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35 comments

  1. Frédéric Drüppel

    I can’t install GUI miner !!! Can anyone please help me ???

  2. By the time that i watch this 1 bitcoin is 803,7 USD worth…

  3. you make little to no money then?
    from what i can see from the graphics card, a good amd graphics card is
    about 250-350$ which from the table doesnt generate a lot of hashes, and
    ontop of that the cost to run the gpu which isnt cheap so you will always
    lose money or gain very little
    I dont get how this helps??? Can this change lives???

  4. Any one who is having problems with selecting opencl miner that is because
    you do not have an AMD graphics card if don’t have that then you have an
    Nvidia graphics card which in that case you select Cuda miner and if none
    of these are selectable to you then you should probably not be mining.

  5. Is there any money to be made on the cloud based mining? 

  6. on the website it says my acount is inactivce but i have activated it

  7. it wont let me choose openCL miner. What do I do?

  8. Stop buying up all the GPUs you fuckers.

  9. If you want to mine Bitcoin and U dont have equipment to do it, you can
    mine in the cloud
    *Cloud Mining*: https://cex.io/r/1/Gaudy/0/

  10. so those questions being answer, what are they? what is it for? does it
    include your private info? is it calculating mathematical question for the
    creation of something that needs the worlds computers solve? 

  11. Nick Christopherson

    Bitcoin is a genius idea. The more people that use it, the more secure it
    is. Absolutely no centralization, which means no quantitative easing
    measures to inflate/deflate/devalue it. Unhackable, based on the same peer
    to peer network as BitTorrent. The only downside is you cannot hold a
    tangible Bitcoin, it must be stored as a hash checksum on some sort of
    silicon memory array.

  12. My head hurts. I’m still confuse with all this bitcoin stuff. So if I buy
    10,000$ Worth of bitcoin how do I make a profit out of it ? 

  13. What’s the catch?

  14. i cant find to gui miner so im getting a simpler one i guess please help me
    google

  15. Is it to late to get on this?

  16. link for mh hardware comparison is pool comparison not hardware… 

  17. I can’t open ClMiner because it says no open CL Devices. It lets me open a
    CD CUDA and Ufasoft though. Could I use those?

  18. bitcoin hit $1000+ now…oh boy im late now :((

  19. Nice video, very clear instruction, great audio and easy to follow visuals.
    Aesthetically, I am compelled to +1 

  20. How come higher end video cards (atleast for AMD) have lower Mh/s rates?

  21. Start of new world order? Check it out.

  22. bitcoin=buy drugs and weapons more and more
    terriost people….
    look at you self at make the change mj

  23. I don’t understand.

  24. It crossed my mind lately… Is it possible that the elite also are behind
    the concept of crypto currency and are the ones that made bitcoin? All they
    are doing actually is to stirr things up in the world, pissing people and
    nations off just benefit from the developing situation, regardless of its
    outcome? In extreme situations there are plenty of options available to
    benefit from with a disgusting amount of cashback. With the correct
    connections you can literally build your own Scrooge Mac Duck vault house
    and fill it with money to the top.

    Or I could be dead wrong also, but who can I trust really. Too many things
    I’ve learned from school and society are now surfaced sometimes as pure
    lies. My world view has changed dramatically. These people that are in
    power today does not care about humanity… at all! And I’m not talking
    about guys like Obama, they are just really wealthy puppets with no self
    control and empathy.

    The sooner people understand this, the faster we go towards a free world
    where everything is just. Maybe bitcoin is a product of humanity, and I
    dearly hope so because that is but one tactic that could render the elite
    aka the eagles leg and armless, never to be able to rise again.

    Check history. The Eagles is one of two groups that cooperates towards
    world domination. The other group is called The Roshinaya and they have a
    somewhat infamous member, Osama Bin Laden. Want to know more about that,
    search for Bahman Nassiri.

    As I said, my worldview is different and I wonder who sees what I see?

    P.s. I have bitcoins myself and I always recommend people, if
    buying/exchanging to bitcoin, don’t ruin yourself in the process, buy only
    one and spend it whenever you desire. The spending part is good for bitcoin
    and there’s tons of stuff to buy. Try it out and see how it works, you wont
    regret it 😀
    

  25. The comments section is so full of facepalm. People keep calling artificial
    numbers that were farted out of a banker’s ass “real money”.

    If you don’t know how the fiat monetary system works, then you certainly
    have no hope understanding how Bitcoin works, and you shouldn’t be
    commenting.

  26. This is the biggest bullshit I ever heard in my life.

  27. They say that the government is afraid this will replace real money, but
    you need real money to buy bitcoins. Good luck with this one.

  28. What do you think about Bitcoin?

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  31. BitCoin 😀 …

  32. I am so confused…

  33. A lot of people seem to think that Bitcoin is going to be the currency of
    the future. To those people, consider this. Most people buying into Bitcoin
    are doing so because they want to get rich by trading it in for mainstream
    currency, so how is this going to become the currency of the future. How
    can a currency that you buy into just to trade away for another currency
    ever hope to be a mainstream currency?

  34. Why is there so much I have to do and be in this reality? Lordy Lord,
    humans made this planet a place where I have to pay to live. Eff man,
    that’s not freedom.. Damn I need a dank doobie, and a homie to share it
    with (:

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