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What is Bitcoin Mining for Beginners - Short and SimpleCryptocurrency can be a profitable activity, but it can be costly to get set up. Learn how to start mining cryptocurrency and the costs involved. To begin crypto mining, you'll need suitable hardware (often ASICs or GPUs), mining software, a stable internet connection, and a digital wallet. Learn how to mine Bitcoin on your smartphone, and safely store your mined assets in hot wallets. Step-by-step guide for beginners to mine.