The Story Of Bitcoin

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The virtual currency, Bitcoin, this year recorded the

highest all time exchange rate of US $ 4,909 per chip or about Rp 60 million. More and more people are interested in the cryptocurrency.

There are two ways to get Bitcoin. First, buy it directly on sites that provide physical money exchange with virtual currency.

Second. by mining. Two ways are equally require capital, just choose just which way is preferred.



If the first means of capital used to buy Bitcoin, the second way of capital is used to buy devices to mine Bitcoin.

According to one miner Bitcoin, call it his name Farhan, giving leaks to detikFinance how to mine Bitcoin and provide net profit daily.

According to him, there are two ways to mine Bitcoin, which is using Video Graphics Array (VGA) and hardware (hardware) called nMiner.

"If we use VGA, we can get a net profit of Rp 30,000 to Rp 80,000," he said to detikFinance, Friday (8/9/2017).

VGA is in charge of solving algorithms that can provide Altcoin which is a derivative of Bitcoin. Altcoin can also be converted to Bitcoin which is more popular.

Costs incurred to purchase this particular type of VGA ranging from Rp 6-8 million. After having a special VGA, Personal Computer (PC) must be turned on 24 hours non-stop to be able to mine Bitcoin.

"If the (PC) die, or for example the lights, must repeat again from the beginning," he explained.

Regarding details of how to mine, Farhan said, there are now many sites that provide information about mining Bitcoin. There's even a video tutorial on YouTube.

While the second way to mine is to use nMiner. This one tool is quite expensive and only available abroad.

"It is around Rp 25 million, not shipping cost from abroad, but here Indonesia is still taxable around Rp 10 million," he said.

Since nMiner is only available overseas, then buyers must use the services of an online store to get it. But do not worry, local online stores are also available to provide such hardware.

"If you use VGA one day Rp 80.000, well if you use this nMiner can be up to Rp 800.000 a day.It's clean after cutting the electricity," he said.

Wow! Not bad either. Without bothering can get extra money from mining Bitcoin. Let's compare between VGA and nMiner.

If you use VGA capital about Rp 8 million. The result is Rp 80,000 a day, multiplied by 30 days totaling Rp 2.4 million. It takes 4 months to turn back.

Now if mine use nMiner, the capital is Rp 50 million. A day can be Rp 800,000, multiplied by 30 days means Rp 24 million a month. It only takes 2 months for a turnover and a bigger monthly outcome.

The next question is, does this VGA and nMiner have an age? Is it going to run out long and have to replace a new device?

"If the talk is durable or not, it will be durable, but the algorithm given by Bitcoin is getting harder and harder, so that usually a day can be Rp 800.000 later it will decrease.If the result is decreasing then it's time to replace a more sophisticated VGA or nMiner new version.

Farhan said this is also what ultimately makes the price of VGA and nMiner always rise high. "Pity the same gamers, who need a new VGA the price is getting more expensive," he said.

Well, you prefer to mine Bitcoin wear what, VGA or nMiner? (ang / wdl)

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