Also, if you lose your credentials, your Bitcoin is gone forever, there's no way to recover your password. Remember that security is paramount and losing your credentials is akin to losing your physical wallet, except that no one's going to return it to you. A wallet is used to store your Bitcoin and you can have as many wallets as you want.
If I haven't scared you off and you're still reading, here's what you need to do to begin mining for Bitcoin on your Mac.Ĭreate a Bitcoin wallet at and note your Bitcoin address. This ASIC mining hardware comparison helps put dedicated hardware costs into perspective.This GPU mining hardware comparison details the hashing performance most GPUs.If you're serious about getting into Bitcoin mining I suggest that you either purchase a BFL miner on eBay, or place a pre-order for one of the rip-snortin' fast 300 or 600Gh/s miners that Butterfly Labs will begin shipping in January. I backordered a 5Gh/s and a 25Gh/s ASIC (both pictured above) from ButterFly Labs in May and just got them this month, a six month backorder. ASIC mining hardware is backordered, expensive, power hungry and loud. While potentially profitable, there are several caveats. The good news is that you can purchase purpose-built mining hardware that will mine Bitcoin. This Bitcoin mining dashboard is also excellent.This Bitcoin profitability calculator will help you figure out your ROI.
MACMINER PRO
It's possible that the new Mac Pro (with it's dual AMD FirePro GPUs) might be able to mine for Bitcoin profitably, no one's benchmarked its hashing performance yet. The hashing difficulty has increased to a point where you'll spend more on electricity than you'll get in Bitcoin in return. While it's technically possible to mine for BTC using your Mac's GPU, it's not profitable.
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