diff --git a/README.md b/README.md
index f1e4e642..e90f04f5 100644
--- a/README.md
+++ b/README.md
@@ -14,40 +14,43 @@ Development
 To run peer4commit in development mode follow these instructions:
 
 * Install [Ruby](https://www.ruby-lang.org/en/downloads/) 1.9+
-* Install the [bundler](http://bundler.io/) gem (you may need root):
 
+* Install the [bundler](http://bundler.io/) gem (you may need root):
+```
+gem install bundler
+```
 
-    gem install bundler
-    
 * Install [git](http://git-scm.com/downloads)
-* Clone the repository
-
 
-    git clone git@github.com:sigmike/peer4commit.git
-    cd peer4commit
+* Clone the repository
+```
+git clone git@github.com:sigmike/peer4commit.git
+cd peer4commit
+```
 
 * Install the sqlite3 development libraries
-* Install the gems (without the production gems):
 
-
-    bundle install --without mysql postgresql
+* Install the gems (without the production gems):
+```
+bundle install --without mysql postgresql
+```
 
 * Create `database.yml`.
-
-
-    cp config/database.yml{.sample,}
+```
+cp config/database.yml{.sample,}
+```
 
 * Create `config.yml`
-
-
-    cp config/config.yml{.example,}
+```
+cp config/config.yml{.example,}
+```
 
 * Edit `config.yml`
 
 * Initialize the database
-
-
+```
     bundle exec rake db:migrate
+```
 
 * Make sure `ppcoind` is running with RPC enabled
 
@@ -60,12 +63,14 @@ To run peer4commit in development mode follow these instructions:
 
 
 To update the project balances run this command:
-
+```
     bundle exec rails runner "BalanceUpdater.work"
+```
 
 To retreive commits and send tips on project that do not hold tips:
-
+```
     bundle exec rails runner "BitcoinTipper.work"
+```
 
 License
 =======