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How to mine Bitcoin It's not all free money. Here's what to know before you try to mine Bitcoin If you want to know how to mine Bitcoin, you have two different steps you can take: Go through a company, or buy and use your own hardware. Let’s look at both options, and why going through a company is currently the best way to mine Bitcoins for profit. Remember, research is important! Just as when it comes to buying bitcoins , you need to be aware that nothing in the world of cryptocurrencies is guaranteed. Any investment could be lost, so make sure you do your reading  before pulling out your credit card and have a secure Bitcoin wallet standing by. Mining vs. investment When Bitcoin was first introduced in 2009, mining the world’s first and premier cryptocurrency needed little more than a home PC — and not even a fast one at that. Today, the barrier for entry is far higher if you want to make any kind of profit doing it. That doesn’t mean it’s impossible, b...