Bitcoin Forum

Other => Beginners & Help => Topic started by: flip4flop on December 15, 2017, 02:13:18 PM



Title: Newbie Guide on Where to Start Mining
Post by: flip4flop on December 15, 2017, 02:13:18 PM
If there are any newbie scrolling through today. Please take a minute to check out some of the below articles I put together that may answer some of your questions we see on here commonly, as well as a walkthrough on building your first mining rig.  Hope this can help out some of those who were looking for a place to start without searching for some answers.  Always looking for feedback on future articles as well if something isnt clear.

https://theminerhub.com/mining/newbie-guide-building-6-card-crypto-currency-mining-rig-part-1-decision-time/ 
 (https://theminerhub.com/mining/newbie-guide-building-6-card-crypto-currency-mining-rig-part-1-decision-time/)
https://theminerhub.com/mining/building-a-mining-rig-part-2-hardware/ 
 (https://theminerhub.com/mining/building-a-mining-rig-part-2-hardware/)
https://theminerhub.com/mining/newbie-guide-part-3-amd-edition/ (https://theminerhub.com/mining/newbie-guide-part-3-amd-edition/)

https://theminerhub.com/mining/mining-pool-basics/ (https://theminerhub.com/mining/mining-pool-basics/)


Title: Re: Newbie Guide on Where to Start Mining
Post by: dothebeats on December 15, 2017, 03:58:43 PM
A great guide for hardware, but it would be better if you could include the accompanied risks and rewards, together with what to expect on their earnings when they start to hash out their earnings. The hardware and pool information can easily be determined by the aspiring miners, but what really stops them from becoming one is they can't weigh the risk/reward ratio. Try to include the realistic difficulty change and that guide is complete.


Title: Re: Newbie Guide on Where to Start Mining
Post by: flip4flop on December 15, 2017, 04:10:06 PM
That’s a great point and something I will add in the near future to part 4 discussing ROI and best ways to determine what each cards profitability is. Thanks for the feedback I overlooked adding that in.


Title: Re: Newbie Guide on Where to Start Mining
Post by: hessanseen on December 15, 2017, 04:27:08 PM
This guidance is very useful, and I'm planning to build my first mining equipment to dig the encrypted currency. For the novice, I think the control of risk is the first.


Title: Re: Newbie Guide on Where to Start Mining
Post by: 7BEN7 on December 16, 2017, 12:24:01 AM
That’s a great point and something I will add in the near future to part 4 discussing ROI and best ways to determine what each cards profitability is. Thanks for the feedback I overlooked adding that in.

Great post, the profitability in BTC/USD with possible price outcomes would be priceless.


Title: Re: Newbie Guide on Where to Start Mining
Post by: Rashid pk on December 16, 2017, 06:00:28 AM
I read the article... This is so helpful information for me because i'm also a newbie in crptocurrency world..  thanks for the information..


Title: Re: Newbie Guide on Where to Start Mining
Post by: Carnagie Mercurio on December 16, 2017, 06:27:16 PM
Thanks for sharing this information, I'm still out of the picture, I'll learn, you can be sure.