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Title: which miner is suitable for beginner? Post by: akram143 on October 12, 2017, 07:39:37 AM I would like to buy miners so guide me which miner is suitable for beginner and gives more profit.
Title: Re: which miner is suitable for beginner? Post by: lottery248 on October 12, 2017, 08:17:56 AM you should not mine bitcoin as a newbie to be a miner, unless your power supply is cheap enough (or somewhere near you can get renewable energy). you should use (spare is better) GPU or called graphic card to activate mining, but few of the coins are currently profitable (bitcoin is normally losing); in this point i would recommend merged mining in some of the pool, they are possibly better on profit.
Title: Re: which miner is suitable for beginner? Post by: pjmis on October 12, 2017, 09:41:37 PM If you are looking for profit might be better to buy and sell coins. Ive made more doing that as a beginner.
Title: Re: which miner is suitable for beginner? Post by: Hexah on October 12, 2017, 10:07:55 PM you should not mine bitcoin as a newbie to be a miner, unless your power supply is cheap enough (or somewhere near you can get renewable energy). you should use (spare is better) GPU or called graphic card to activate mining, but few of the coins are currently profitable (bitcoin is normally losing); in this point i would recommend merged mining in some of the pool, they are possibly better on profit. Yes, I agree with lottery248 that it would not ne better if as a newbie you would do mining because you might not know what is the needed equipments and it really costly to mine some bitcoins and right now I think mining some altcoins because it is more profitable if you mine some of it.If you are looking for profit might be better to buy and sell coins. Ive made more doing that as a beginner. Definitely, trading is the very basic to learn if you are newbie in the world of crypto because you find a way to learn some concepts that will be helpful to you when you go along the process.Title: Re: which miner is suitable for beginner? Post by: The_coin_explorer on October 16, 2017, 07:49:47 PM Buy and Trade is indeed adviced.
There is also an option for Renting Mining rigs or Hash Power. Although I was a bit sceptic, so far Aurora Mining is by far the most trustworthy site i have found for now. Please do note that there are a lot of scam sites that run of with your money before you can withdraw (although I haven't had that problem with Aurora Mining). https://www.auroramine.com/?ref=197961 Another tip, invest in research when it comes to coins you are going to buy and sell, you want to know if they have a active community, devoted developers etc etc Good luck! Title: Re: which miner is suitable for beginner? Post by: philipma1957 on October 17, 2017, 12:40:12 AM I would like to buy miners so guide me which miner is suitable for beginner and gives more profit. If you have very cheap power the s-7 is okay. By very cheap power 3 usa cents a kwatt |