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Title: Mine alt coins and withdraw bitcoin? Post by: bossman101005 on July 10, 2017, 01:21:26 PM - I DO NOT KNOW IF I AM IN THE RIGHT FORUM IF I AM NOT PLEASE NOTIFY ME -
Hello i am wanting to mine alt coins but from what i am seeing is that most company's only accept bitcoin. Is there any way that i am able to do what the title says that isnt nicehash? Title: Re: Mine alt coins and withdraw bitcoin? Post by: ICObox on July 10, 2017, 01:58:31 PM If I correctly understood the question, then:
I think you can mine altcoin and take them out of the pool to the wallet in the exchange, change them for bitcoins and use them for your own purposes. Title: Re: Mine alt coins and withdraw bitcoin? Post by: mk4 on July 10, 2017, 02:02:04 PM - I DO NOT KNOW IF I AM IN THE RIGHT FORUM IF I AM NOT PLEASE NOTIFY ME - Hello i am wanting to mine alt coins but from what i am seeing is that most company's only accept bitcoin. Is there any way that i am able to do what the title says that isnt nicehash? I'm not 100% sure, but I this is only possible through cloud mining, which is something I don't suggest using. If you use your own hardware, the simplest solution is to just mine the altcoins then just exchange them to bitcoin using crypto exchange sites in like every week or month. Title: Re: Mine alt coins and withdraw bitcoin? Post by: McCorneEva on July 15, 2017, 12:15:16 AM You can now buy Ethereum and Litecoin much cheaper on the Waves exchange. They just added those trading pairs recently and there isn't much liquidity yet - I was able to score ~ 6 BTC worth at 30% discount compared to mainstream exchanges. Look for ETH / Bitcoin and LTC / Bitcoin pairs. Just make sure you buy the right coin - must have a checkmark beside the three letter abbreviation - There are many interesting opportunities like that lately with all the new exchanges and blockchains that don't have liquidity between each other and various pairs they trade.
Title: Re: Mine alt coins and withdraw bitcoin? Post by: Digitalbitcoin on July 15, 2017, 12:33:08 AM - I DO NOT KNOW IF I AM IN THE RIGHT FORUM IF I AM NOT PLEASE NOTIFY ME - Hello i am wanting to mine alt coins but from what i am seeing is that most company's only accept bitcoin. Is there any way that i am able to do what the title says that isnt nicehash? Well you are at right Forum. Anyone who have specific hashing power can generate specific coins based on algorithm and hashing power, which generates cryptocoins for miners. These coins can be exchanged at exchanger by taking them to exchanger wallet address to sell at market price against bitcoin or Ethereum. One more suggestion I have for taking instant and fastest altcoin exchange against Bitcoin or any other major cryptocurrencies with https://bitpayment.io BitPayment offer instant altcoin exchange for major cryptocurrencies. Title: Re: Mine alt coins and withdraw bitcoin? Post by: Scoremaster on July 15, 2017, 01:35:16 AM - I DO NOT KNOW IF I AM IN THE RIGHT FORUM IF I AM NOT PLEASE NOTIFY ME - Hello i am wanting to mine alt coins but from what i am seeing is that most company's only accept bitcoin. Is there any way that i am able to do what the title says that isnt nicehash? Youi would just convert the coins you mine into BTC later if that is what you are looking for? Title: Re: Mine alt coins and withdraw bitcoin? Post by: RealBitcoin on July 15, 2017, 04:46:22 PM - I DO NOT KNOW IF I AM IN THE RIGHT FORUM IF I AM NOT PLEASE NOTIFY ME - Hello i am wanting to mine alt coins but from what i am seeing is that most company's only accept bitcoin. Is there any way that i am able to do what the title says that isnt nicehash? SOme altcoins are scams, dont even try to mine those, its a total waste of electricity. BUt also mining is hard, and if you mine a coin with high difficulty and low price, you will lose money. |