Crypto Mining: Practical Guide for Beginners in 2024

robot
Abstract generation in progress

Want to start mining but don’t know where to begin? Mining has undergone huge changes in recent years, and today there are options that fit anyone's budget. Let's get straight to the point: free platforms exist, but you need to understand the game before jumping in.

The Realities of Home Mining

Let's be honest: earning R$520/month with a simple PC ( as Kryptex) promises is possible, but it greatly depends on your machine and the price of electricity. Bitcoin and Ethereum have changed their systems, so mining these coins at home has become more difficult. But there are alternatives that work.

Options that Really Work

For those who want simplicity: Platforms like StormGain and CryptoTab allow you to mine while browsing or on your mobile. It's not that “get rich quick” scheme, but you can earn something while using your PC normally.

For those with a better setup: Awesome Miner ( since 2014, reliable ) and MinerGate automatically select the most profitable coins based on your hardware. The algorithm adjusts as the market changes.

ETH on mobile: PEGAPool promises 0.01 ETH/day on smartphone - it seems little, but depending on volatility it can turn into money in months.

The Bonus: Passive Earnings Without Hardware

If mining seems too laborious, there's path B: EarnCrypto type platforms where you earn cryptos by completing tasks (watching ads, surveys, etc). Less profitable than mining, but it also doesn't burn energy.

The Big “BUT”

Here comes the warning that no one likes to hear: scams lurk around these platforms. Before downloading any software, research the history, check if it has secure authentication, and never share private keys. Many people promise free Bitcoin and what they want is your password or your data.

Mining crypto in 2024 is still viable, but choose your tools carefully. The real gain depends on your hardware, the cost of energy in your area, and which currency is currently rewarding.

BTC2.37%
ETH6.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)