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Title: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: bitminerkhan on December 16, 2015, 07:27:54 PM HELLO EVERYONE
GREETINGS FROM INDIA :) i am young entrepreneur , looking forward to begin crypto-mining . can & will undertake bitcoin & other altcoins mining . i have been studying a little i understood about the required hardware and neccesary environment for effective mining . trouble is that i really do not have a programming background & understand absolutely nothing software part. i do understand about hardware and can certainly make simple math calculations . i want to start small / really small just to check if i can do it or not . what will be best for me to start with ? kindly guide. thank you Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: Tupsu on December 16, 2015, 10:16:23 PM You're two years to late.
Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: VirosaGITS on December 17, 2015, 01:10:46 AM HELLO EVERYONE GREETINGS FROM INDIA :) i am young entrepreneur , looking forward to begin crypto-mining . can & will undertake bitcoin & other altcoins mining . i have been studying a little i understood about the required hardware and neccesary environment for effective mining . trouble is that i really do not have a programming background & understand absolutely nothing software part. i do understand about hardware and can certainly make simple math calculations . i want to start small / really small just to check if i can do it or not . what will be best for me to start with ? kindly guide. thank you Interfacing with your miners nowaday is as easy as checking your e-mails. The process is pretty simple. You connect to your miner using the web interface (with most miners using a controller), tell it where to mine, done. Tell the pool where to send the BTC, done. If you can mine or not, it depend on your electricity rate. Anything over 0.08$USD/kWh is bad. 0.06$ is decent, 0.02~0.03$ is great. Free is best. Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: notlist3d on December 17, 2015, 01:45:55 AM What is your electricity price? I'm unfamiliar with India's price on it.
If cheap like VirosaGITS you stand a good chance at mining. But if high you might look into hosting center's or other options. Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: adaseb on December 17, 2015, 02:18:25 AM Isn't mining in India very difficult because of all the taxes that you are required to pay?
Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: Amph on December 17, 2015, 10:38:00 AM What is your electricity price? I'm unfamiliar with India's price on it. If cheap like VirosaGITS you stand a good chance at mining. But if high you might look into hosting center's or other options. seems cheap enough, average is 7 cents https://en.wikipedia.org/wiki/Electricity_pricing Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: bitminerkhan on December 17, 2015, 05:22:04 PM You're two years to late. i don't mind giving a try :) , what exactly did you mean that i am 2 years late ? Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: bitminerkhan on December 17, 2015, 05:31:21 PM HELLO EVERYONE GREETINGS FROM INDIA :) i am young entrepreneur , looking forward to begin crypto-mining . can & will undertake bitcoin & other altcoins mining . i have been studying a little i understood about the required hardware and neccesary environment for effective mining . trouble is that i really do not have a programming background & understand absolutely nothing software part. i do understand about hardware and can certainly make simple math calculations . i want to start small / really small just to check if i can do it or not . what will be best for me to start with ? kindly guide. thank you Interfacing with your miners nowaday is as easy as checking your e-mails. The process is pretty simple. You connect to your miner using the web interface (with most miners using a controller), tell it where to mine, done. Tell the pool where to send the BTC, done. If you can mine or not, it depend on your electricity rate. Anything over 0.08$USD/kWh is bad. 0.06$ is decent, 0.02~0.03$ is great. Free is best. thats why i am seeking an expert advice if bitcoin will be best to start with or i should begin with litecoin, dogecoin etc . i have certain concerns regarding which hardware to use as well . consider that electricity is workable .... what other things should i take care of. Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: notlist3d on December 17, 2015, 06:45:49 PM thats why i am seeking an expert advice if bitcoin will be best to start with or i should begin with litecoin, dogecoin etc . i have certain concerns regarding which hardware to use as well . consider that electricity is workable .... what other things should i take care of. You are skipping so much. Your wanting someone to do all the work, and you may or may not ever use it. I promise spend 3-4 hours today researching and you will know sooo much more and be in a better investing position. To start with mines that mine BTC are sha, and do not mine litecoin, doge, etc those are scrypt. So huge difference you need to know. You could hire someone but your missing a lot of info that honestly will help you. You also are not answering questions like electricity price. Hard to help when no anwser back. Title: Re: NEW WANNABE MINER FROM INDIA , HELP NEEDED Post by: aizzaku on December 18, 2015, 04:52:28 AM just calm down. we will talk on this. i will explain you how stuff works, what are algorithms, which hardware is good, etc on skype ya ?
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