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How can I set up a Raspberry Pi as a Bitcoin miner in 2017?

avatarBlack Wallstreet AcademyMar 15, 2022 · 3 years ago1 answers

I want to use my Raspberry Pi to mine Bitcoin. Can you provide a step-by-step guide on how to set up a Raspberry Pi as a Bitcoin miner in 2017? What software and hardware do I need? How much can I expect to earn from mining Bitcoin with a Raspberry Pi?

How can I set up a Raspberry Pi as a Bitcoin miner in 2017?
Raspberry Pi
Bitcoin Mining
Hardware

1 answers

  • avatarMar 15, 2022 · 3 years ago
    Setting up a Raspberry Pi as a Bitcoin miner in 2017 requires a Raspberry Pi, a power supply, an SD card, and a USB hub. First, install an operating system like Raspbian on the SD card. Then, download and install a Bitcoin mining software like CGMiner or BFGMiner. Connect your Raspberry Pi to the internet and join a mining pool. Configure your mining software with the pool's details and start mining. However, keep in mind that mining Bitcoin with a Raspberry Pi is not profitable due to the low hash rate of the device. You may earn a few cents worth of Bitcoin, but the electricity costs may outweigh the earnings. It's more of a learning experience than a way to make money.

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