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Title: If I am a miner Post by: Spike1337 on December 24, 2017, 10:42:33 PM Hello guys, if I am a mine bitcoin can I confirm transaction? or I should have big mining pool?
Title: Re: If I am a miner Post by: Shazam!!! on December 24, 2017, 11:07:47 PM If you are referring to mining "solo" it's not recommended. It takes to long(years) to accomplish anything.
Mining in a pool will reward you quickly. However, focus on the "smaller" sized pools, as they pay you everything your mining equipment earns. Most "Big" pools do not pay all of the reward. Take sometime and look through the mining boards, and read somethings on the subject. There is ALOT of information here at this forum. Goodluck!!! Title: Re: If I am a miner Post by: Spike1337 on December 25, 2017, 07:04:21 AM If you are referring to mining "solo" it's not recommended. It takes to long(years) to accomplish anything. Mining in a pool will reward you quickly. However, focus on the "smaller" sized pools, as they pay you everything your mining equipment earns. Most "Big" pools do not pay all of the reward. Take sometime and look through the mining boards, and read somethings on the subject. There is ALOT of information here at this forum. Goodluck!!! No you dont understand I mean if I have a miner can I confirm transaction? Title: Re: If I am a miner Post by: Vod on December 25, 2017, 07:05:52 AM If you are referring to mining "solo" it's not recommended. It takes to long(years) to accomplish anything. Mining in a pool will reward you quickly. However, focus on the "smaller" sized pools, as they pay you everything your mining equipment earns. Most "Big" pools do not pay all of the reward. Take sometime and look through the mining boards, and read somethings on the subject. There is ALOT of information here at this forum. Goodluck!!! No you dont understand I mean if I have a miner can I confirm transaction? Yes. Title: Re: If I am a miner Post by: Spike1337 on December 25, 2017, 07:22:59 AM I couldn’t find it in net how to do it can you guve me and url?
Title: Re: If I am a miner Post by: bitperson on December 25, 2017, 08:39:01 AM It’s not a matter of just installing software on your computer and start confirming transactions.To have any realistic chance of actually mining blocks, you would need to obtain ASIC hardware specifically designed for bitcoin mining.
Title: Re: If I am a miner Post by: Spike1337 on December 25, 2017, 08:46:47 AM It’s not a matter of just installing software on your computer and start confirming transactions.To have any realistic chance of actually mining blocks, you would need to obtain ASIC hardware specifically designed for bitcoin mining. I have S9 miner can I confirm transaction? And if I can can you give me an URL where its explained how to confirm it? Thanks in advance Title: Re: If I am a miner Post by: Vod on December 25, 2017, 08:52:45 AM https://en.bitcoin.it/wiki/Confirmation
Title: Re: If I am a miner Post by: Spike1337 on December 25, 2017, 08:55:43 AM https://en.bitcoin.it/wiki/Confirmation It's just an info about confirmation, I want tutorial how to confirm it :( Title: Re: If I am a miner Post by: vkwame30 on December 25, 2017, 10:16:09 AM considering the hardware cost and electricity cost. It will take a long time before you get your money back than to even think of profit. Join a pool and the pool will assist you to make some money.
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