How to Mine Bitcoin: A Comprehensive Guide

When I first heard the term “Bitcoin mining”, I imagined a 49er dressed in tattered western garb, swinging a pickaxe at a huge data server and yelling “BOYS, I FOUND US SOME BITCOIN!”. 

 Needless to say, my initial understanding of Bitcoin mining was completely off the mark (although I secretly wish it was true). Bitcoin is entirely digital, so unlike other mineable materials such as gold or coal, swinging a pickaxe at the ground won’t dig up any bitcoins. You actually have to use a mining rig, which consists of mining software and hardware.

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