If you’re interested in getting started with mining but aren’t yet ready to buy your own rig, you could do worse than learn the ropes on www.miningrigrentals.com.

Mining is a critical part of the crypto ecosystem. While there’s no point even trying to mine bitcoin unless you have very deep pockets and cheap electricity, other coins can be mined profitably. It’s also good to support the crypto projects you like by throwing some hashrate behind them and helping secure the network.

But mining isn’t exactly easy to understand for the beginner. There’s a steep learning curve. And if you want to do it properly, you’ll need to invest some money as well as time – unless you happen to have some decent GPUs lying around the place. (These are good for mining certain alts and can be quite profitable if you know what you’re doing.)

MiningRigRentals is a great way to figure out how all this stuff works, so you can get a feel for the mining life, learn what you need to and decide whether to take it a step further. Simply sign up, fund your account and rent hashrate from miners who have connected their rigs to the platform. (Conversely, if you have a rig, you can make some money by selling hashrate.) As an aside, we suggest funding your account with LTC, not BTC, especially if you’re sending money from an exchange. The transaction fees are lower and it’s faster; LTC works great as a transactional currency.

You’ll need to pick a coin you want to accumulate, and probably connect to a mining pool. Any good coin community will help you negotiate the details of that process, making suggestions about which pools have the best payouts and how to configure your miner (don’t worry, it’s not overly complicated unless you really want to take a step up and do some heavy-duty mining).

The chances are you won’t mine profitably, due to the additional costs of renting a rig over owning your own. But if you pick your coin and your rig, you can almost break even, building a stake that will hopefully be worth much more in the future. Best of all, you’ll learn a lot and be well placed to mine solo with your own rig, should you choose to go down that rabbit hole…

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