I've started to mine cryptocurrency and I'm making a profit - here's how I did it
Reuters/Dado Ruvic
I currently have two of the most powerful graphics cards you can buy at the moment - the GTX 1080, which I then upgraded to the GTX 1080 Ti - which just so happen to be some of the best graphic cards for cryptomining.
Cryptomining is basically the process of solving complex problems to verify digital transactions using computer hardware - in this case, a graphics card. By mining, miners can either create a cryptocurrency, or they can get paid for their processing power in a cryptocurrency.
Those graphics card cost me a pretty penny, even if I bought them before the massive graphics card price hikes caused by cryptominers buying up all the cards. And when I wasn't gaming, my GTX 1080 and GTX 1080 Ti just lay there, doing nothing, not making me money.
No more. One day, I randomly decided to try mining cryptocurrency with them.
I was making some profit at first, but not very much. So I got curious. What if I added more graphics cards? How much could I make?
Check out my new messy mining rig experiment to see how much bitcoin I'm making:
The Bitcoin 101 Report by the BI Intelligence Research Team.
Get the Report Now »
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