Firstly, hello to anyone reading – thank you for taking the time. I’m cataloguing here my expedition into the weird world of cryptocurrency, and all of the mistakes I’m sure to make along the way. I’ll offer as much info as I can, and I’ll try write the guide I wish I had when I started reading.
For those that have stumbled onto this journal, and have no clue what I am talking about, please see my post Cryptocurrency 101.
To avoid this being a horrendously long post, I’ve split this into a few sections, which I’ll link as I go along. To avoid losing everyone at this point, here’s a helpful TL;DR for what’s coming:
I want to mine. I will convert my mining rewards into Bitcoin. I’ll be reinvesting my gains into new hardware to give me more mining power, and I’d really like to get to the point where I can start making those purchases with Bitcoin rather than cash. I’ll log the whole process, in an utter-noobie-friendly style, and I’ll offer regular updates on my gains and losses.
And without further ado…
The Summit – where I’d like to end up (for now!)