Bitcoin Forum

Is it possible to mining BTCitcoin without any capital/asset?

without investing you mean? i don't think so, unless you get your miners for free, and even then you need to pay the bills

Short answer: NOPE.

Longer:

You need a "tool" that does the mining. A computer (CPU or GPU) is worthless these days for mining, you'll need a dedicated device (ASIC).
So even if you already have a computer and you don't want to count it as investment, even if you don't count (yet) electricity as investment  - though you should, for both! - you still clearly need to invest (ASIC).

This was for mining at home.

If you do cloud mining, you have to pay for it and that's, obviously, investment.

Look at the price of asics.  You will need to buy a miner to be able to mine.  Sadly the day's of CPU/GPU mining are over.

No, difficulty is too high now.

no you can't. miners are expensive.

you're 4 years too late, mate. don't feel bad cuz a lot of people including me used to believe that when we were still new.

Yes technically you can use pen and paper

lol. you can earn a lot more looking for pennies on the roadside.
using that method for a full day won't even get you a penny
and btw, pen/cil and paper aren't free.  ;D

If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  ;D

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

Mining at home is still alive but it takes low priced electricity.  Electricity is a big factor.  I still say GPU/CPU days are over.

It is going to take capital to mine.  You need to buy a asic I think.  Without doing this you are just in a battle you cannot win.

If you believe price will increase you better start buying BTC directly, home mining gets harder everyday

No (unless you are really good at math and are fast with pencil and paper, or are a savant of some sort - even then, not worth the effort)

for example here in europe it is impossible to do home mining as prices of everything are way too high. investing directly in btc seems a better option.

Lets just say that mining without proper equipment and hardware is impossible. Mining anything without investing money is unreal. And even if you have some spare cash to invest it is probably waste of time and money as we are the time and age of full specialized mining farms rather that individual miners so unless you have like $100k to spend for hardware and setup mining is out of the question.

So, is it possible to mine altcoin without asset? ???

No you can't. You have to have some sort of hardware to create bitcoins or altcoins. You will have to use electricity too to create coins.

You can get coins through signature campaigns, free faucets or risking it at the gambling sites.

Either way

sha256 ASICs= most efficient for mining bitcoin

scrypt ASICs= best for mining scrypt

GPUs= best for alternative algorithms x11,x13,x15, neo, etc.

Other than that, money in may equal money out. Only if you do your research.

op you just have to be creative and hustle.

if you find most people seeing the same information as you, what sets you apart from the rest? You may not technically mine for bitcoin, but you can definitely make btc by doing other things like starting a vpn company that accepts bitcoin.

Which allows you to be still in the bitcoin scene, but not mining scene and still be profitable.

wouldn't it be a better option to invest or buy yourself a certain percentage of an established pool rather than buying hardware with $100k i think it will make you roi considerably faster.

I don't think were talking about setting up a pool.  More like a data center.  And depending on price yes chances are better off to go to a existing data center with your equipment when talking about 100k.   

To go big scale is not cheap if done right.  You could do it on the cheap side I have seen it done, but your better off going to a established data center.  With a much smaller number you could mine at home if cheap electricity, but 100 k worth of miners is a heck of a lot.

Mining for free? That would be nice but I guess not.

It s possible to start slow, referral campaigns, signature campaigns, faucets, all this can generate some money to start but this would be a very difficulty way to start.

Signature campaigns is best option.  Espicallly if member or higher rank.

As far as mining for free it is not going to happen.  Ether buying miner or paying rental (higher priced) for hash.  Also if you look into cloud it is very risky.

So yes you can get a little BTC for things you can do but no you won't be running a ton of hash for free.

No... You need a computer, a mining software and electricity... those are all assets.

You cant mine on your PC anymore. Actually you can mine some small CPU coins but this is useless. Mining requires a lot of money and funding recently.
Start with sig campaign as someone suggested and work your way up.

Also, I would be differentiating into PoS coins.

well not really, you can mine with a raspberry pi, instead of keep on your desktop, less electricity wasted with the first

and mining software is free btw

well expect you are good in maths well try it then

Even if you are using a Raspberry Pi 2, it will be a very small amount of coins made.   I think gpu/cpu days are sadly over.  Yes you could do it with a Raspberry Pi but it will not bring in a lot.  And I would be surprised if you could pay for the Raspberry Pi from mining in a timely fashion.

CPUs only do like mh/s even block eruptors are a better payout since they are low watts, high hash compared to CPU/GPU.

CPUs and GPUs are only good for algorithms that don't have any ASICs yet.

You are better off using a block erupter then pushing your CPU/GPU at this point.  2 block erupters are getting same speeds as GPU that is btc mining.

So they are a good option if you want to learn and not spend a lot of money.

without capital, nothing can happen lol.

but a better approach to getting capital is what you seek for, such as crowdsource or other ways to get funding like those people do with VC`s.

not enterely true, there was a ponzi called cointellect that was basically giving away free money, and you need only one gpu(bought for gamining) to start earning a tons with them

so it's possible without assets, but unlikely...

The problem though is in almost all cases you will pay more in electricity then a GPU makes.

I parted out most of my GPU rigs and sold them.  I got more off parts then they ever would have mined at that point. Were talking over a year ago, before first block erupters.  GPU is a dying form of mining.

not in that ponzi, i was making 0.6-0.8 a day or even more at the end , using renting services

was like free money really  ;D