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Title: Help me? Post by: Igenius Imran on February 24, 2018, 04:51:01 AM I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please?
Title: Re: Help me? Post by: DispatchLabs on February 24, 2018, 05:31:32 AM Here is a link to an older article that breaks down mining in a simple fashion. I recommend using this as an intro and then doing further research before you really get into it. Hope it helps: https://bitsonblocks.net/2015/09/21/a-gentle-introduction-to-bitcoin-mining/
Title: Re: Help me? Post by: DirtyMiner on February 24, 2018, 05:38:10 AM Do you have a million dollars?
If not look into mining something else. Title: Re: Help me? Post by: TheBartender on February 24, 2018, 05:44:19 AM Do you have a million dollars? If not look into mining something else. Yeah it's a pretty expensive practice and you're somewhat late into the game. Title: Re: Help me? Post by: HabBear on February 24, 2018, 06:22:19 AM I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please? Hi Ingenius, welcome to this forum. You need to do more reading, there's a lot of information on this forum and others about what mining is, how to do it, how to do it well, etc. Are you able to do some more reading? If so, here are a few resources for you. The Mining board on Bitcointalk.org. (https://bitcointalk.org/index.php?board=14.0) The best source of mining information in the world! (http://bfy.tw/7hly) Title: Re: Help me? Post by: KTank on February 24, 2018, 06:51:24 AM Yes super expensive ;D
Title: Re: Help me? Post by: trademaniac on February 24, 2018, 06:54:48 AM proposes not to bother mining cryptocurrency.
at the beginning, he suggests a lot of reading, he can join in bounty campaigns. this will allow you to find out what it is and get some tokens Title: Re: Help me? Post by: 0RajA0 on February 24, 2018, 07:24:09 AM I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please? Bitcoin mining is a peer-to-peer computer process used to secure and verify bitcoin transactions, payments from one user to another on a decentralized network. Mining involves adding bitcoin transaction data to Bitcoin's global public ledger of past transactions. Each group of transactions is called a block. Blocks are secured by Bitcoin miners and build on top of each other forming a chain. This ledger of past transactions is called the blockchain. The blockchain serves to confirm transactions to the rest of the network as having taken place. Title: Re: Help me? Post by: 0RajA0 on February 24, 2018, 07:32:30 AM I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please? Before you start mining you want to know that Dose Bitcoin mining profitable ? The short answer would be “It depends on how much you’re willing to invest in Mining”. Each person asking himself this will get a slightly different answer since Bitcoin Mining profitability depends on many different factors. In order to find out Bitcoin mining profitability for different factors just google “mining profitability calculators” and calculate it. Title: Re: Help me? Post by: baeboy30 on February 24, 2018, 03:00:06 PM just try to learn and research all about bitcoin mining all of us starting learning and making research what bitcoin mining it is and what effect bitcoin mining can give to us
Title: Re: Help me? Post by: jseverson on February 25, 2018, 03:30:05 AM Do you have a million dollars? If not look into mining something else. Why would he need a million? He doesn't need a mining farm to profit. That being said, Bitcoin mining is highly specialized, and you likely need to invest a hefty amount of money for equipment with no promise of profit. You need to read. A lot. Title: Re: Help me? Post by: Rocky69 on February 25, 2018, 03:36:55 AM I am newbie. I have some knowledge of bitcoin but do not have knowledge about bitcoin mining. Can you help me please? I would advise that dont enter Genuine Mining as it is a specialised work and needs lot of investments . if you are talking of companies asking you to invest some USD promising daily returns from these mining contracts please refrain as most of them are ponzi schemes or are scams Their is lot of money to be made in BTC , other altcoins, ICOs , Air Drops and Bounty progams |