- Oct 28, 2013
Ok, I like that idea, but is this after your mined Ethereum? Is it easy to convert Ethereum to Bitcoin? Say for instance I use Phoenix miner to mine Ethereum. Your method here does not require me to have a bank account hooked up then correct? Is there any additional fees I need to think about if doing it this way?In the USA, you can link your Coinbase exchange account to Paypal, and then transfer BTC to Coinbase, sell for USD on their site, and then withdraw USD to Paypal.
So the process would be:
1) Download and install Phoenix miner and pick a pool to mine Ethereum into (Ethermine, Hiveon??)
2) Alternatively, just install Nicehash and it picks the pool automatically. Does it also switch coins based on profits, or just Bitcoin?
3) Link Phoenix miner/Nicehash to Coinbase?
4) Pick or setup a wallet (Coinomi?), or does Phoenix miner include one? Could I switch from a digital wallet to an offline one later once I know what I'm doing?
5) Link Coinbase to Paypal and/or a bank account
Is that pretty much it?
Also, I know I need to set up my card by limiting power and overclocking the VRAM. Do you just use Adrenalin for this or is it better to use Afterburner? In Adrenalin, my power limit is at 0 right now. Do I just set that as negative as I can?