Econoalchemist

Blog Info Bitcoin Magazine
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Stats Has written 15 posts about cryptocurrency

Dec 08 2021

How To Mine Bitcoin At Home On A Private Network

How to build a home network that prevents your ISP from seeing your data, isolates ASICs and allows you to mine Bitcoin without permission.A privacy- focused guide on building a secure home network with a pfSense firewall, explaining how to set up dedicated home networks to separate your family's WiFi web browsing from your Bitcoin mining traffic; how to configure a VPN with...

Nov 03 2021

How To Protect Your Bitcoin With Coldcard And Integrated Seed XOR

Using a Coldcard hardware wallet with Seed XOR, you can split your backup seed phrase and better protect your bitcoin from accidents and bad actors.This guide demonstrates everything you need to know in order to secure your Bitcoin private keys using a Coldcard hardware wallet and its integrated Seed XOR method. With this method, you are able to split your backup seed...

Sep 22 2021

How To Run A Bitcoin Node With The Blockstream Satellite

Everything you need to know to install and operate a Bitcoin node connected to the blockchain via satellite, and enjoy full sovereignty.This article covers the materials needed, installation, configuration and operation of a Bitcoin node connected via satellite using a Raspberry Pi and a Blockstream satellite kit....

Sep 02 2021

How To Protect Your Bitcoin From Emergency With The BitPlates Domino

Preserving your Bitcoin wallet recovery seed is critical to self sovereignty. Here’s how to do so with the BitPlates Domino steel backup plate.This article demonstrates how to use the Domino stainless-steel Bitcoin seed phrase backup plate, by BitPlates, to secure the recovery information for a Bitcoin wallet against fire, flood or other disaster....

Aug 27 2021

How To Backup Your Bitcoin Seed With RoninSteel

How to take your bitcoin self custody to the next level by backing up your wallet recovery seed on a stainless-steel, fire-proof plate.This article demonstrates using a stainless-steel backup plate for securing bitcoin against fire, flood and other disaster. This backup will work for securing any BIP39 word-phrase and it is specially-tailored for use with Samourai Wallet....

Aug 06 2021

Why (And How) You Can Mine Bitcoin At Home

Recent events in the Bitcoin mining industry demonstrate that mining non-KYC bitcoin at home is a viable option for many. Here’s how.This article focuses on establishing a timeline of recent mining-related events, the economics of mining at home for the average U.S. resident, some speculation on the economical future limits and some steps you can take to start mining non-KYC bitcoin at...

Apr 19 2021

How To Establish Mobile Bitcoin Privacy With A Pixel 4a And CalyxOS

Apr 19 2021 Published at Bitcoin Magazine under tags  calyx0s guides mobile privacy

This step-by-step guide walks you through how to establish a privacy-enhanced mobile phone for use with KYC-free Bitcoin.This is a step-by-step guide on how to privately purchase a Google Pixel 4a mobile phone, flash it with the privacy-enhancing CalyxOS operating system and use it to guard your privacy while on the go. With such a device, one...

Mar 26 2021

How To Use Stonewallx2, A Privacy-Enhancing Bitcoin Transaction Tool From Samourai Wallet

Mar 26 2021 Published at Bitcoin Magazine under tags  guides privacy samourai stonewallx2

This guide will walk you through using the privacy-enhancing bitcoin transaction tool Stonewallx2, developed by Samourai Wallet.This article explains a privacy-enhancing transaction tool called Stonewallx2. Developed by Samourai Wallet, this tool can be used to collaborate in cahoots transactions to create decoy bitcoin outputs....

Mar 22 2021

Bitcoin Wallets For Beginners: From Zero To Self Custody Of KYC-Free BTC

Bitcoin Magazine's "Bitcoin Wallets For Beginners" series covers everything you need to know about obtaining and securing your bitcoin in a safe and private way.This article is designed to explain the importance of self-custody and the dangers of know your customer (KYC) regulations; to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet; and to explain how to...

Mar 19 2021

Bitcoin Wallets For Beginners, Part Five: Buying KYC-Free Bitcoin

Mar 19 2021 Published at Bitcoin Magazine under tags  bisq bitcoin wallets guides

In part five of the “Bitcoin Wallets For Beginners” series, we explain how to obtain bitcoin without providing personal KYC information.This article is part five of a five-part series designed to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet. This part of the series covers purchasing non-KYC bitcoin for your new Bitcoin wallet.You can find...

Mar 18 2021

Bitcoin Wallets For Beginners, Part Four: Installing Sparrow Wallet

In part four of the “Bitcoin Wallets For Beginners” series, we explain how to install, use and secure Sparrow Wallet on desktop.This article is part four of a five-part series designed to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet. This part of the series covers installing Sparrow Wallet on a desktop computer.Find...

Mar 17 2021

Bitcoin Wallets For Beginners, Part Three: Installing Blue Wallet

Mar 17 2021 Published at Bitcoin Magazine under tags  bitcoin wallets blue wallet guides

In part three of the “Bitcoin Wallets For Beginners” series, we explain how to install, use and secure Blue Wallet on an iPhone.This article is part three of a five-part series designed to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet. This part of the series covers installing Blue Wallet on iPhone.Find...

Mar 16 2021

Bitcoin Wallets For Beginners, Part Two: How To Install Samourai

Mar 16 2021 Published at Bitcoin Magazine under tags  bitcoin wallets guides samourai

In part two of the “Bitcoin Wallets For Beginners” series, we cover installing Samourai wallet for privacy-enhanced transactions.This article is part two of a five-part series designed to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet. This second part of the series covers installing Samourai Wallet on Android....

Mar 15 2021

Bitcoin Wallets For Beginners, Part One: Self Custody And Avoiding KYC

In part one of the “Bitcoin Wallets For Beginners” series, we cover the importance of bitcoin self custody and dangers of KYC regulations.This article is part one of a five-part series designed to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet. This first part of the series covers the importance of self-custody and the dangers of know...

Feb 22 2021

Using Stowaway, A Privacy-Enhancing Tool From Samourai Wallet

Animated cover image by @artdesignbySF. When it comes to defensively guarding the privacy of Bitcoin users, Samourai Wallet has been on the bleeding edge for many years, bringing new features and improvements to users that help achieve anonymity through Whirlpool, its...

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