Bitcoin Forum

Hello.

i want to know if there is any way to learn all this mining devices so i can choose which one i will prefer to buy ?

im new in Bitcoins and i want to learn more about Bitcoin mining


i cant figure out what to buy as far as i know there are different algorithms for different coins

i would be thankful if some one will give some information about them and i will not have to search one by one in google


THX.

No one can answer all of your questions for you. You need to study this forum and the different parts it contains such as, Hardware, Software, Miners, Trouble-Shooting and Tech Support, etc., etc.

Since we don't know what kind of questions you don't know about, it would be impossible for us to provide all the answers you need. You may have more understanding in some areas than in others.

Self-study is the absolute BEST way to learn anything. When you have a specific question, you may seek out the answers on this forum.

Just about any and all questions you may come up with have been answered in this forum, somewhere, over time. If you can't find an answer here, use Google.

Here is as good a place as any to start also:

https://en.wikipedia.org/wiki/Cryptocurrency (https://en.wikipedia.org/wiki/Cryptocurrency)

Good luck!! :)

ok   so here is thing



i want list of all devices and algorithms and which one is used for what coin

If you want the list above  I would charge you to build one.

And before I built that list  I would what an answer to the questions below.
That list would take time to build.  Plus  If I did a really good job I would need to tell you if mining a coin/al-gore-rhythm  makes money.

An example  sidehack's  2 chip usb stick   would lose money mining on sha-256 btc   at 20 cents a kwatt.
Since there are dozens of algorithms and dozens of mining gear devices it would be a really big list.



So do you want free advice?

Or do you want to pay a little for some help?

Here is the free advice answer the questions below.

Tell me what country you are in.

Tell me what state if you are in the usa.

Tell me what does your power cost.

Tell me how much power do you have to spare.

Tell me how much money do you want to spend.

Tell me if you have any power supplies in your possession.

Tell me if noise matters.

Tell me if you can move the heat out of your mining room.


Once you answer the questions posted I will give you some free advice As to what gear may or may not work for you.

Google it. The answer is there in hundreds of different web pages. Very simple to find from multiple sources.

You will need to rely on YOUR OWN smarts to get ahead in the mining game. You can't rely on others to hold your hand.

Good luck! :)

EDIT:
Never mind. I see from re-reading your post that you don't want to use Google.
That was the extent of my advice. There are too many variables that each person has that might not apply to the next person.

Again, good luck.

I would make that list for a price  but it would be HUGE   and it would go out of date quickly.

I am very new about bitcoin too. I just learn anout it a week ago.
What I do are:
1) Buy "Mastering bitcoin: unlocking digital cruptocurrencies" on amazon book to read.
2) Watch video about Bitcoin in youtube.
3) Learn about how electric run and wire them.

After that, buy 1 or 2 miners (buy the newest one) - Avalon 741, Avalon 721, Bitminer R4 or Bitminer S9 (NEVER BUY OLD MODEL ONE).

I have 1 R4 and 1 more R4 on the way. My next miners will be Avalon 741 or newer at the time I purchase.

Hope it will help,

The best way to learn ANYTHING is to do your own research. That way you know what you are doing. But it sounds like you want someone to do the work for you. That is called an "Employee".  :P

Hi there. I don't know if you already got the answer you were looking for, but I'm in a mood of writing and share so, here it goes:

Based on my personal tests and research I could explain you a bit of some algorithms and hardware I've used. ROI means Return of Investment, which is the estimated time you will get the money you have spent and then, start making profits.

Algorithm                                     Coin(s)                                       ROI                              Hardware                                 
X11/X13/X14/X15/Quark/Qubit      Check This list (https://whattomine.com/asic?utf8=✓&factor%5Bsha256_hr%5D=270.0&factor%5Bsha256_p%5D=1300.0&factor%5Bscrypt_hash_rate%5D=250.0&factor%5Bscrypt_power%5D=0.0&x11f=true&factor%5Bx11_hr%5D=150.0&factor%5Bx11_p%5D=0.0&qkf=true&factor%5Bqk_hr%5D=150.0&factor%5Bqk_p%5D=0.0&qbf=true&factor%5Bqb_hr%5D=150.0&factor%5Bqb_p%5D=0.0&factor%5Bcost%5D=0.0&sort=Profitability7&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=bleutrade&factor%5Bexchanges%5D%5B%5D=btc_e&factor%5Bexchanges%5D%5B%5D=bter&factor%5Bexchanges%5D%5B%5D=c_cex&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=Main&commit=Calculate)                        Around 11 months          Baikal Mini Miner X11
Scrypt                                         Check the Link (https://whattomine.com/asic?utf8=✓&factor%5Bsha256_hr%5D=270.0&factor%5Bsha256_p%5D=1300.0&scryptf=true&factor%5Bscrypt_hash_rate%5D=2&factor%5Bscrypt_power%5D=0.0&factor%5Bx11_hr%5D=150.0&factor%5Bx11_p%5D=0.0&factor%5Bqk_hr%5D=150.0&factor%5Bqk_p%5D=0.0&factor%5Bqb_hr%5D=150.0&factor%5Bqb_p%5D=0.0&factor%5Bcost%5D=0.0&sort=Profitability7&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=bleutrade&factor%5Bexchanges%5D%5B%5D=btc_e&factor%5Bexchanges%5D%5B%5D=bter&factor%5Bexchanges%5D%5B%5D=c_cex&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=Main&commit=Calculate)                   Way too long (in this case)   VPS (virtual private server) as CPU mining*

*This was a test, and learning process. I say test, because CPU mining is not longer lucrative but educational. It is the best tool you can use to learn fast and practice with your own PC or with an online server (in which case I could recommend you Amazon or Google, but beware of the small letters, they will always try to charge you even if the initial trial if "free").
The cost of the little miner, you can watch it in their website. Also try to do research about different coins and hardware, take a snap in the forums and ALWAYS get the info from familiar sources and official websites. And as possible as you can, contact the companies who build and distribute the hardware, so you can get the best deals or Avoid scams.

PS: it's a los of pace to get, much info, but slowly you can get it all!

Hi there bitcoinvest. Let me get this right. You need info about hardware (Graphic cards, specifically ATI) to build a GPU PC to mine right? Also you want to calculate the ROI and get info about the best coins you can mine?

Just DANG about that S9 experience, there are some reports inside this forum part keeping me away from buying a used one.
On this reference list https://en.bitcoin.it/wiki/Mining_hardware_comparison it's almost the first choice. Once had good experiences with all AntMiner USB sticks.
But they are still listing Butterfly Lab's Monarch so ... outdated wiki?

Thread hijacked by a sigspammer asking different questions. Locking thread after deleting his posts. OP you can ask for your thread to be unlocked if you like but I don't think there's much more to say here.