Bitcoin Forum

Other => Beginners & Help => Topic started by: mars1245 on September 18, 2018, 07:37:46 AM



Title: mine crypto
Post by: mars1245 on September 18, 2018, 07:37:46 AM
I want to start mining crypto currency, how can i do so?


Title: Re: mine crypto
Post by: mimagneto on September 18, 2018, 08:00:54 AM
There are many ways to begin mining Cryptocurrencies.  One of the easiest and fastest is Minergate.com.  Although there have been many negative comments associated with this mining pool, it's where I started mining a few years ago, when I was first started learning about Cryptocurrencies.  I quickly began building my own computers and miners afterwards.  At which point I started using my own mining software and various other pools.  One of my favorite line of Cryptoccurrency mining softwares is the line that Claymore has created, and which have become a standard for a lot of miners as well.  But of course, there are other options available as well.  There are a few decisions that you'll have to make:

What coins do I want to mine?
What algorithms are they, and what type of hardware will I need to mine them?
What mining pools do I want to join to mine these particular coins?
How to setup a miner, computer, and script file to run the mining program.
Finally, where will your mined coins go?  To your own wallet or an exchange wallet?

These are most of the issues and questions that you'll have to answer yourself to begin your amazing journey in mining!  I'd say try minergate.com to begin learning, you can start with a laptop, computer, or even a mining rig/ASIC miner.  I personally started with various laptops, and computer towers.  I then began to build my own mining rigs and purchased various ASIC miners.  I wish you all the best on your amazing journey!


mimagneto


Title: Re: mine crypto
Post by: mk4 on September 18, 2018, 08:04:52 AM
Since this is a bitcoin subforum, I'm going to assume you're interested in mining BTC. Take a look at https://www.bitcoinmining.com/


Title: Re: mine crypto
Post by: neo444 on September 19, 2018, 06:50:23 PM
There are many scam sites in crypto mining so you must check the mining site before you put your money in it the site of genesis mining is safe but the income in it everyday can be not exist because they subtract their facture price from your income


Title: Re: mine crypto
Post by: myhashingmining on September 20, 2018, 07:38:42 AM
Cloud mining can be a viable alternative as long as you do your research and math homework before signing the contract. It's entirely feasible to expect a faster ROI from cloud mining, as long as their fees are reasonable for the hash power you're getting.

Oh, and never get contracts tied to particular equipment. Always go for processing power. That way the provider is obliged to deliver it regardless of equipment malfunctions or things like that.