Bitcoin Mining Guide: How to Mine Bitcoin on PC in 2022

After the crypto market gets new people, many people are interested in cryptocurrency mining, especially bitcoin mining, on their Personal computers (PC). Even if you have a gaming pc, you can mine Bitcoin.

Bitcoin Mining Rig

If you have a PC at home, you can easily start mining Bitcoin, but first, you need a mining rig. A mining rig is a bunch of hardware stored together for mining. You can build a mining rig of GPU or ASIC mining.

ASIC mining is hardware specifically made for mining purposes. It gives good returns, but the major disadvantage is that it’s costly and loud, so you can’t store it at home.

So I suggest you build a mining rig of GPU, which will be very easy to build and less expensive compared to ASIC miners.

I use a GPU mining rig, as you can see below.

I have a gaming pc which I also use for mining. When I play games, I stop mining, and after I finish playing, I start mining. 

Best GPU for Bitcoin Mining

You should have the best GPU mining so you can get high mining rewards. The latest GPU mining rig has higher mining rewards.

Below is the list of best GPU mining for Bitcoin:

1. GeForce RTX 3090
2. GeForce RTX 3080
3. GeForce RTX 3070
4. GeForce RTX 3060 Ti
5. GeForce RTX 3060

All the RTX series of NVIDIA are great for bitcoin mining. The latest GPU gives high Hashrates (Hashrate measures the computational power per second used when mining).

You can calculate the profit of this graphic card on several websites like whattomine, coinwarz, NiceHash. In this calculator, you also have to add your electricity cost and mining pool fees. After entering all the values now, you can see the profit of your mining rig for bitcoin.

Check out – Best GPU Mining Software

Is it better to put a bitcoin mining rig at home?

If you put your mining rig at your home or else in your room, it will be difficult to leave in our room because of the mining noise and heating problem.

If you have multiple graphic cards from which you are mining, then the noise of the graphics will be so loud that you can’t even sleep in your room. 

If you have only one or two graphic cards, then it’s not that loud. Once you build more than two graphic cards, you should put your mining rig in your basement or give a room particular for mining.

Get a Bitcoin Wallet

You might wonder why you need a bitcoin wallet. 

A Bitcoin wallet is needed because all the mining rewards get paid in bitcoin, so to store your mining bitcoin reward, you need a wallet.

There are different types of bitcoin wallets that you can use to store your mining rewards.

The different types of wallets

• Web wallets, 
• Desktop wallets, 
• Mobile wallets.

Each wallet will have a public key and a private key. 

The public key will have an address like this 395Gf6uL6npzobKFZE34CXfj4MMUoQXnG7. 

Private keys should be kept secret and take backups of it. When you lose your wallet, then the private key will help you to restore your wallet. So please take a backup of your private keys on docs, notepad, or write it down on paper and keep it safe.

Whichever wallet you choose, every wallet has its advantages and disadvantages. The most secure way to protect your wallet is a hardware wallet that looks like a pen drive.

Best hardware wallets

• Ledger Nano S
• Ledger Nano X
• Tezor

The hardware wallet is expensive, but it is one of the most secure ways to protect your cryptos.

Why is a hardware wallet safe?

Here is some point why the hardware wallet is safe:

• It is not connected to the internet.
• You control it.
• Third parties have no access to your Private key.

Best wallet for beginners

For bitcoin mining on PC, the best wallet is a desktop wallet which will be easy for you to keep track of the rewards you get from mining.

List of 3 best desktop wallets

• Exodus Wallet
• Jaxx
•  MetaMask

To get the bitcoin address download any of the wallets from the above list. After installing the software, click on deposit there, you will find the public key, which can help you store the mining rewards. It is secure but still easy to manage.

If you don’t want to use different wallets, then you can download the official wallet of bitcoin (Download Wallet)

Wallets will take some time to synchronize fully. After that, you will be able to send and receive coins in the wallet. 

Join a Mining Pool

Solo mining is where you mine individually in which all the rewards will get to yourself, but the major problem is it will take months to get a reward if you have a small mining rig. This type of mining is better for ASIC miners, which have 100 ASIC miners with them.

In the mining pool, there will be many miners who will be sharing rewards with all the miners. In this type of mining, you will get a reward as per your Hashrates. 

Almost all the Mining pools give payout every 4 hours.

Always choose a mining software that has the lowest fees, Highest Hashrates, and low minimum payouts.

The best mining pool for bitcoin

Note: Some mining pools will have their software.

Mining Software for PC

Now you have a mining rig, bitcoin wallet and mining pool, and the next step is to choose the best mining software. The bitcoin mining software uses a computer whose primary role is the graphics processing unit (GPU) to facilitate the discovery of blocks. 

Here is a list of the top Bitcoin Mining Software for windows 10 in 2021:

1. CGMiner
2. Ecos
3. NiceHash
4. Awesome Miner
5. MultiMiner

If you are new to mining, I suggest using the Nicehash miner because it’s straightforward and requires no technical thing. Every software has its advantages and disadvantages, so choose carefully.

Set up NiceHash

1. Sign Up for an account on the NiceHash website.
2. Download the mining software.
3. Install the software.
4. Enter your NiceHash address 
5. Hit the big play button.
6. Check the profit on the website.

Check out – Best Bitcoin Mining Sites

Optimize your PC for mining

To optimize your PC for mining, you have to download the MSI Afterburner. This software will help you to overclock your GPU so that you get some extra rewards. By overclocking, your PC might also get hot and need an extra power supply.

Here is few thing you have to do:

• Set Power Limit to 75%
• Set temp to 80°C
• Core Clock to 99 Mhz
• Memory Clock to 190 Mhz

Start Mining Bitcoin

Fill in your wallet address on the software and be ready to go. Now you can start earning bitcoin by doing the mining. The value of crypto changes on a daily basis, so the profit also changes. 

If you want to increase the Hashrates of the GPU, then you have to overclock it, so you get some extra earning from mining. Let’s see how you can optimize your pc for mining to earn more rewards.

Conclusion

To start mining bitcoin on your pc, you should have an excellent graphic card. Also, choose a mining pool that has the lowest fees. For wallet, you can use a desktop wallet or official bitcoin wallet, which is shown above. At last, you are going to need mining software which you will need to run a program and add a bitcoin address to mining software. 

Mining on pc is very easy, and you do not need technical knowledge. With some basic knowledge of the computer, you can easily mine bitcoin.

FAQ