I Mined Bitcoin for 24 Hours on a Raspberry Pi

The results may surprise you...

This tutorial teaches you how to install a CPU miner for Bitcoin pool mining on a Raspberry Pi.

Outline
Payouts 0:00 - 0:07
The Dream 0:07 - 1:23
Format MicroSD Card 1:23 - 2:05
Install Raspberry Pi Imager 2:05 - 3:40
Advanced Config 3:40 - 4:30
Power the Raspberry Pi 4:30 - 5:00
Find RPi on Wifi Network 5:00 - 5:21
Ping the Device 5:21 - 5:34
SSH into Device 5:34 - 6:02
Elevate to Root 6:02 - 6:10
Update OS 6:10 - 6:15
Create Account on SlushPool 6:15 - 6:25
Add BTC Address 6:25 - 6:50
Get a BTC Address 6:50 - 7:15
Create Worker 7:15 - 7:45
Download Dependencies 7:45 - 7:55
Download CPI Miner 7:55 - 8:23
Install Miner 8:23 - 8:35
Start Miner 8:35 - 8:50
Use HTOP to Monitor 8:50 - 9:50

#raspberrypi #bitcoin

Commands

sudo su -

sudo apt update
sudo apt dist-upgrade -y
sudo rpi-update

apt-get install autotools-dev
apt-get install automake
apt-get install libssl-dev
apt install -y curl
apt install git automake autoconf libcurl4-openssl-dev libjansson-dev libssl-dev libgmp-dev
apt-get install htop

./configure

Raspberry Pi is the name of a series of single-board computers made by the Raspberry Pi Foundation, a UK charity that aims to educate people in computing and create easier access to computing education.

The Raspberry Pi launched in 2012, and there have been several iterations and variations released since then. The original Pi had a single-core 700MHz CPU and just 256MB RAM, and the latest model has a quad-core CPU clocking in at over 1.5GHz, and 4GB RAM. The price point for Raspberry Pi has always been under $100 (usually around $35 USD), most notably the Pi Zero, which costs just $5.

All over the world, people use the Raspberry Pi to learn programming skills, build hardware projects, do home automation, implement Kubernetes clusters and Edge computing, and even use them in industrial applications.

The Raspberry Pi is a very cheap computer that runs Linux, but it also provides a set of GPIO (general purpose input/output) pins, allowing you to control electronic components for physical computing and explore the Internet of Things (IoT).

In 2009, Bitcoin (BTC) wasn't as mainstream as it is today. Pseudonymous creator Satoshi Nakamoto was the first to mine bitcoins on January 3, 2009. He mined the first batch of 50 bitcoins using his computer CPU chip. This first bitcoin block was known as the Genesis Block.

CPU crypto mining relies on the ‘one processor, one vote’ consensus mechanism. Satoshi Nakamoto proposed this idea in the paper Bitcoin: A Peer-to-Peer Electronic Cash System in 2008. Bitcoin doesn't follow this principle anymore, and only certain altcoins allow miners to mint coins with CPUs.

The lack of miner competition in the early days meant anyone could use their CPUs’ computational energy to create new crypto blocks and earn mining rewards. You could probably generate hundreds of BTC using Intel Pentium CPU back in 2010. Less competition meant a higher success rate, but a lot has changed since then.

Competition gradually increased as more miners joined the BTC network for block rewards. However, the miners soon found winnings to be outweighing electricity and machine depreciation costs.

Also, the increasing algorithmic difficulty resulted in longer transaction discovery times. These issues led to GPU mining.

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[DavidRaie]

are you serious, you just wasted 11 min of my time to see how you are not making any shares on Bitcoin! wow

[jackfrank]

I didn't set up my Raspberry pi to mine bitcoin and I made as much as you did. $0.00.

[jrlewis]

Do you have to allow any ports on your Network Router open?

[seesawbabagnush]

This is such a waste of time... All this word salad and their is no way to get any BTC.. Use the Pi for something better. He even admits it mines too slow for any tangible results. I give this an F for ClickBait.

[thatguyidk]

i dig your videos look into bug bounty hunting its been a fun project for me lately

[dewaxlx]

Have you tried to mine on pi cluster, how's the results

[FoxPlays-roblox]

Fantastic, but your voice sounds like a robot, the reverb is large in the intro

[JohnDoe-rffx]

If mine is already set up as a desktop do i have to clear it like a hard reset?

[johnbubu]

Fantastic video. Thank you very much :)

[somyrab]

Lost me after 2 mins. This is just a video watching you skip through a series of steps with no effort made to allow your audience to take in what an earth you were talking about. when connecting Pi to a Monitor you showed the Pi connection but not the connection at other end

[Sodorii]

What's the point of filling almost a quarter of your screen recorder with your face if your audio isn't synced anyways? Lol

Nice tutorial besides that, curious way to earn crypto.

[Dr.SpectreGaming-qvhk]

what remote ssh software are you using?

[DAVIDGREGORYKERR]

Had you been using 64bit ARM processors then it should be able run 64bit ARM code.

[DAVIDGREGORYKERR]

What about using 512x Raspberry Pi IV SBC computers in a cluster running Bitcoin Miner.

[Neko-san]

What if you try to solo mine, without entering a pool?
You would have a chance to find a block and earn 6.25 Bitcoin all for yourself, then it would be worth it