In b4 “You wont make a profit”… i know, i want to use my computer to heat my apartment. i figure that even if i’m making a “loss” each month on the mining it’s still cheaper than running my apartments electric heaters when you account for the sold (or not) bitcoin.
I’ve been doing well keeping things warm by Folding at home on the CPU but apparently AMD GPUs aren’t supported for that and i want to put my GPU to work too.
I briefly mined some litecoin in like 2013/14 when BTC was just about popping off. other than that i have no mining experience (and i would have been using windows back then)
Need to sort something soon, Jan and Feb are probs the coldest months in the UK and i have gotten this far this year without using the heaters
I found this article (and related site) from a quick search: https://academy.binance.com/en/articles/what-is-a-cryptocurrency
Binance has a vested interest in providing accurate information, they are a major exchange. The information seemed easy to understand and correct at a first glance, they also link to supporting articles.
Other references: