What you will learn
Introduction
In this section, we'll walk you through the entire process of purchasing a Bitcoin mining rig (ASIC) on the Blockware Marketplace and setting up your account. You'll learn exactly what you're buying, how the hosting contract works, and the steps needed to get started with your mining operation. We'll also cover important details about managing your account, setting up a Bitcoin wallet, and understanding the payment process. Whether you're new to mining or just new to the Blockware Marketplace, this guide will help you navigate the setup and purchasing process with confidence.
What am I buying through the Marketplace?
A Mining Rig (ASIC) from the Seller
Getting Started - Account Setup
Before you can purchase you need to create an account on the Marketplace, accept the Marketplace Agreement, and configure your account with a wallet and some personal details.
Purchasing on the Marketplace
To purchase on the Marketplace you first select a Mining Rig, or a bundle of Mining Rigs, from the
Fiat Payments with ACH / Bank Account
The Blockware Marketplace now offers an additional payment option, enabling customers to purchase mining rigs and services using ACH bank transfers alongside Bitcoin payments. This enhancement increases flexibility and accessibility for users who prefer transacting in fiat currency directly from their bank accounts.
When do I start mining?
You start mining as soon as your Bitcoin transaction completes. Once that occurs you own the Mining Rig and it is automatically configured to send rewards to
Understanding Bitcoin Wallets
To purchase an ASIC on the Blockware Marketplace, you'll need Bitcoin (BTC) and a Bitcoin wallet. The wallet is necessary not only for making the purchase but also for receiving your mining rewards. You have the flexibility to use separate wallets for these different purposes if you prefer.
Conclusion
We’ve covered the essentials of purchasing and setting up your Bitcoin mining rig on the Blockware Marketplace. You now understand that buying an ASIC means investing in a highly specialized piece of equipment that will be hosted and managed in a professional data center. We also discussed the flexibility of the hosting contract, the steps to create your Marketplace account, and how to set up your Bitcoin wallet for receiving mining rewards. With this knowledge, you’re prepared to make an informed purchase, complete your transaction, and start mining Bitcoin efficiently and effectively.