Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: superhelper on July 13, 2017, 01:24:33 AM



Title: How Many ways do you use to mine bitcoin?
Post by: superhelper on July 13, 2017, 01:24:33 AM
I know what is Bitcoin but I don't know How to mine it? Please explain me!


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Smarty14392 on July 13, 2017, 03:37:00 AM
Bitcoin mining requires a lot skillsand also some investment. The more you invest in proper hardware, the more profit you will get. Bitcoin can be mined on these miners- ASIC, GPU, CPU.
Asic miners will give you a really good profit as compared to GPU miners whereas CPU miners are just a waste of time. They cant give good profits and also the Electricity bill is more then the coins mined.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: BCTalkaccountforsale on July 13, 2017, 03:43:58 AM
I know what is Bitcoin but I don't know How to mine it? Please explain me!
To get bitcoin to learn about it is also an important part, the rest you have to be smart to be able to exploit bitcoin, you can invest in bitcoin and profit from high bitcoin gains or you have to business services.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Golftech on July 13, 2017, 03:55:04 AM
better to buy and hold instead since the cost of the system unit that you will be needed is good enough to use to buy and work with trading
and if possible kindly use this forum to learn more about your concern we do have mining section here try to read more inside that discussion
thread.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: ebliever on July 13, 2017, 04:00:13 AM
https://qz.com/1026605/photos-chinas-bitcoin-mines-and-miners/


Title: Re: How Many ways do you use to mine bitcoin?
Post by: HabBear on July 13, 2017, 05:11:17 AM
I know what is Bitcoin but I don't know How to mine it? Please explain me!

The knowledge is out there, you just need to find it.

Bitcoin Mining 101 - Just the basics (https://bitcointalk.org/index.php?topic=1944976.0)

That thread was found in the Mining board on this Forum.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: jekjekman on July 13, 2017, 05:54:19 AM
I know what is Bitcoin but I don't know How to mine it? Please explain me!

Sorry for what I am gonna say but mining bitcoin nowadays at your home will not make you profit at all because buying the good hardware right now will cost you a big investment that the return of investment is so long or maybe nothing at all because of the electricity cost that will cost you.

Better research some other altcoins that has more potential in mining at your home more than bitcoin, just keep on mind that mining today needs a lot of patience, knowledge and money.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Kakmakr on July 13, 2017, 06:17:13 AM
Before you get into Bitcoin mining, you should know that it is not viable for people to even attempt to mine Bitcoin without investing into ASIC chips. These are specialized computer chips that are used specifically to mine bitcoins and it is very expensive. You will also be competing with Chinese miners < Mining Farms > that are paying next to nothing for electricity. All is not lost, because people are using their GPU's to mine Alt coins < not Bitcoin > and then they are selling that to buy bitcoins. ^smile^ 


Title: Re: How Many ways do you use to mine bitcoin?
Post by: iram3130 on July 13, 2017, 06:42:29 AM
I know what is Bitcoin but I don't know How to mine it? Please explain me!

Sorry for what I am gonna say but mining bitcoin nowadays at your home will not make you profit at all because buying the good hardware right now will cost you a big investment that the return of investment is so long or maybe nothing at all because of the electricity cost that will cost you.

Better research some other altcoins that has more potential in mining at your home more than bitcoin, just keep on mind that mining today needs a lot of patience, knowledge and money.

It's best to mine altcoins which you feel potential of a future rather than try and wasting your time in Bitcoin mining. With the electricity rates and the price of miners, the ROI will be a year or two. Some altcoins are profitable yet, so mining them would be better.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: maokoto on July 13, 2017, 06:53:08 AM
Some people keep their attention on new altcoin announcements. As soon as a new coin appears, they mine it quickly and sell them for btc. This probably is more profitable than just mining bitcoin directly. Unless you have many dollars to spend on hardware.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: ipanks on July 13, 2017, 07:02:41 AM
I know what is Bitcoin but I don't know How to mine it? Please explain me!

in the past, i only use one way to mine bitcoin which is using gridseed. gridseed can mine for sha-256 and scrypt so i have two option for mining. because sha-256 and scrypt have many coins, i choose to mine litecoin and in that time, i can have much in a day. but unfortunately, because one of gridseed machine is damage, i decide to stop mining until now. maybe later if i have more money, i will buy some vga card and makes mini rig to start mining again.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Hung_Daddy on July 19, 2017, 05:10:28 PM
I just hook up all of my GPUs to my laptop


Title: Re: How Many ways do you use to mine bitcoin?
Post by: hahay on July 19, 2017, 05:23:27 PM
I know what is Bitcoin but I don't know How to mine it? Please explain me!
There are many ways and places to mine bitcoin, but if you do not have much free time better you buying bitcoin now and save bitcoin for a long time. You can also invest or trade if you want.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: SvenBomvolen on July 19, 2017, 05:30:46 PM
I recommend you to search the ansver on mining section on the forum, only there you can find all the necessary information about mining. Good luck!


Title: Re: How Many ways do you use to mine bitcoin?
Post by: ~Bitcoin~ on July 19, 2017, 05:35:01 PM
I know what is Bitcoin but I don't know How to mine it? Please explain me!
If you can't buy hardware miners like antminer s9 or similar one than you shouldn't dream about earning from bitcoin mining.
Even though if you can afford those miners but electricity is quite expensive in your country than you shouldn't mine bitcoins, you might not even earn enough bitcoin to cover your running cost.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: gkv9 on July 19, 2017, 06:13:23 PM
I know what is Bitcoin but I don't know How to mine it? Please explain me!
If you can't buy hardware miners like antminer s9 or similar one than you shouldn't dream about earning from bitcoin mining.
Even though if you can afford those miners but electricity is quite expensive in your country than you shouldn't mine bitcoins, you might not even earn enough bitcoin to cover your running cost.

It's probably not true here as I think that it seems disgraceful when we say that it's impossible to earn through mining knowing that the miners are the ones who vitalize the whole network through their energy-efficient hardware... They must absolutely not be doing it just for fun, but could be making something at least... Even if electricity is somewhat expensive at some places, I have seen a few miners nowadays who are still making profits after ROI'ing after 9 months of hard work... This completely depends upon the mentality of a miner how they think they will be making money out of this, but yes the value seems to be making it completely fair for miners and could even go higher after scaling issues are solved completely...


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Rinaze on July 19, 2017, 06:43:17 PM
You could also sell both your CPU / GPU hash power at NiceHash and get payout in BTC. Profitability depends on your rig and electricity bills!


Title: Re: How Many ways do you use to mine bitcoin?
Post by: BIG Tyrese on October 27, 2017, 04:47:39 PM
Bitcoin mining is only profitable if you can get electricity very cheap. The investment for each miner will set you back about 10k too.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: ghost424 on October 27, 2017, 05:00:33 PM
There are many ways to mine a bitcoin, but before mining, you have to consider a lot of things. First is how long do you want to mine for a single day, second is, will mining be efficient to pay electric bills that you are using for mining. You must also have a proper mining rig, which can take the heat of being opened at a long time.

Mining bitcoin is easy, you can use Coinpot to mine some bitcoins and other alt coins. You can also use Faucets to receive bulk satoshis at a given time.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: anwar35 on October 27, 2017, 05:04:08 PM
indeed how to do?


Title: Re: How Many ways do you use to mine bitcoin?
Post by: dyewic on October 27, 2017, 05:40:32 PM
I know what is Bitcoin but I don't know How to mine it? Please explain me!

There's so many ways to mine a bitcoin but it takes a lot of effort, time to invest and skillsand because the more time you invest in mining the more profits you can get on mining, you can also do the basic steps/ways on how to mine a bitcoin, just like bitcoin mining 101. These are the sites that you can mine bitcoin ASIC, GPU and CPU. But me I don't earn bitcoins by mining I earn bitcoins by joining in signature campaigns here in the forum and trading some of my tokens.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: ridhobagus2308 on October 27, 2017, 06:22:04 PM
You can mine bitcoin with machine that built to mine bitcoin. its call bitcoin miner, but they have a different kind like ASIC miner or Ant miner. just serarch in google for the details. or you can mine bitcoin with Graphic Card.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Andrew1337 on October 27, 2017, 06:29:01 PM
I used only way to mine bitcoin in 2013 , when I entered in the crypto world . I mined first time with my laptop and after I moved on ASIC because the difficulty was growing very fast . But now I think you will waste your time by mining bitcoin , you need very very powerful machines and only bitmain can build powerful machines.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: setifien19 on October 27, 2017, 06:37:29 PM
Bitcoin mining is the process through which BTC is being created , ordinarily , there are several types of machines doing it ( which called MINERS) and this can be alone ( solo) or with a group ( pools ) . But , recently many websites ( such as freebitcoin) has launched a new option " browser mining" when you keep your browser opened and recieve free coins instead .


Title: Re: How Many ways do you use to mine bitcoin?
Post by: tesucha on October 29, 2017, 03:25:45 PM
Tremendously amusing proposition. Obviously not a scam.  I will purchase.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Hidhid on October 29, 2017, 05:03:02 PM
You can mine it through the bounty in social media, signature campaign, or trading. Actually there are lots of mining procedure of bitcoin therefore you need to read much in this forum.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Raju Ahammed on October 29, 2017, 05:08:15 PM
you have to learn about bitcoin more and work the right direction you knows. many way to mine bitcoin like CPU,GPU etc.thank you.


Title: Re: How Many ways do you use to mine bitcoin?
Post by: Ararbermas on October 29, 2017, 05:25:45 PM
I know what is Bitcoin but I don't know How to mine it? Please explain me!
what mining do you mean Op?. Cause there are two types of mining such as hardware and cloud mining. will if you want to mine then must have knowledge  on it how it realy works. Cause mning in different ways can cost alot of electricity and also need a place that have exact temparature to avoid hardware damage. And also need a fund i gues.  The question is can you afford it? If not then keep away on it. If  you have money that not needed in moment i suggest to buy bitcoin then hold instead of mining.  


Title: Re: How Many ways do you use to mine bitcoin?
Post by: specsmuluk on October 30, 2017, 11:00:35 AM
based on information from our team in the city of jakarta.

the first way we prepare a computer tool that is required to mine.and the computer specifications should be high.
then look for a team that is solid and in line with you. if it has been compiled your plan.
after that you can mine bitcoin ...


Title: Re: How Many ways do you use to mine bitcoin?
Post by: sneeze11 on October 31, 2017, 05:59:56 PM
I recommend you to search the ansver on mining section on the forum, only there you can find all the necessary information about mining. Good luck!

I agree to you on searching the answers on mining section on the forum and you can only find all the necessary information about mining there. But me I dont mine bitcoins because im just beginning my career here so I earn my bitcoins by investing on bitcoin related businesses, joining in signature campaigns here on the forum, trading tokens on trading sites and playing gambling but too risky to play all my bitcoins. That's how I earn my bitcoins and for doing all that I buy my family and also for me the things what we want and we need in our everyday life.