Bitcoin Forum

Hi everybody, i'm new to the forum, and actually i've been reading topics in this forum and all over the web and this is my first move lol

i'm realy interested in BTC, i'm in high school so of course i don't have much money lol but it is realy interesting, as well as THE friedcat concept wich i'm realy wanting to know and read about for potential investment of something like that, actually i'm from africa and i need a little help to star in this huuuuge field.

so welcome to me again lol and realy hoping to know people and getting some help.

Welcome! You should check out the newbies and help forum. There are a lot of good resources there. Be careful how you handle your bit coin. They are valuable so there are always people that will try to take advantage of you.

Thank you, i'm ready it as ell, and can say that i'm a big learner and i'm trying to improve my knowledge about all that, even if its a little "late" lol

than you very much again :)

Welcome to the forum!  I can remember when i started out the good old GPU days :)

Easy2Mine.com is running a video contest: https://bitcointalk.org/index.php?topic=768294.msg8657899#msg8657899 if your good at making videos.  Thought I would throw it out since you mentioned just starting and low on funds.

Hope to see you around the forums.

Hi and welcome to bitcointalk forum, my usual advice when I see some newcomer is:
Don't trust anyone here, if you want to trade do it always using an escrow.

The accounts could be sold so even if you are dealing with an hero member look out for scams.

Welcome! I saw you're interested in friedcat! What do you know about him and what do you find so interesting about him? I also think he is quite an interesting engineer and entrepreneur! It would be great if you could elaborate on that!

Welcome holdon1987.  As I'm sure you've observed your in for one heck of a ride.  Insofar as your trying to earn some bitcoin gives some thought to what it is that your good at and like to do and can implement technically and consider posting something under the [Marketplace] [Services] section.  It can literally be something as simple as doing custom drawings, logo's, etc. or better yet create a listing with what kinds of skills you have and are looking to earn money for.

Never trust others with your bitcoin unless you've properly vetted them (and even then gox's happen).  Avoid investing in mining securities.  And absolutely never risk any more than you can afford to lose.  These I guess would be the top three things I would advise.

Welcome holdon1987! All I can say is read up on everything you can and be careful who you trust. Glad to see you have taken the first step and I can guarantee this will be a journey you will enjoy!

Welcome and enjoy the journey.  8)

There are unlimited opportunities awaiting you in the world of cryptocurrency!

Thank you for the tip, and i'll try to give it a shot, even if i'm not a super graphic geek lol
Thank you dude, no trust is the rule number 1 on the internet ;)


I'm an engeneer too just graduated, and i'm amazed by the way he understood the upcoming era of cryptocurrencies and the way to "open source" it so i'm trying to read about the concepts, and maybe find a business opurtunitiy to "harvest" in Africa :)


Thank you very much for the advice, i'm a engenner too in networks and telecomunication, ive done all the ccna certifications and stuff with a master degree in developping app so c, c++ .net and so, but realy looking dor an idea and a business oportunity, than you again for the advice and realy hoping to know you people and having the chance to learn from you.


I hope it too and thank you as well :)


I'm trying to ID them as wll, thank you and realy exited about all that :)




Feel Free to donate if you want or you feel generous or lucky or both or whatever :D

BTC: 1GWkwr6rKaRzLN1AAbAhDS2wymGVuBBedX

Welcome to this forum. I hope you will enjoy your time. I have notice that teenagers are getting involve in Bitcoin. I suggest you to spend time with this forum and you will be able to learn a lot.

Welcome to bitcointalk.

What do you mean by "The friedcat concept"? I only know that friedcat is the founder and CEO of ASICMiner.

I follow your foot steps and join to the party  :)

welcome :) make sure you read up on scams and dont get scammed! people buy higher level accounts to scam watch out!

welcome, I'm still new but I feel that this forum is a part of me :)

Interesting! Yeah, he managed to build one of the first ASICs back in early 2013, when there were just Avalon and BFL (who only delivered a handful of miners for a long time due to technical difficulties) so he could produce the miners en mass and do self-minig when everyone was still using GPUs. That way he could move before everyone else.

never too late for success, your success may learn in this forum and I find that a lot of bitcoin and easy hih

We need more teens in the BTC world, they are the first generation of young people using the internet, the future users of BTC.

True lol, bitcoin is still far away from mass adoption.
You are still ahead of 90% or 95% of the general public if you join now.

Welcome, i am also new, looking to start mining, just interested, how much funds you need to get some profit in BTC mining ?

Btc mining is controlled by big cartels, you'll need to invest in a lot of mining power to get legit returns i think. Its a risk but someone has to do the mining or btc crashes.

Forget mining as a profitable investment, you will only lose money with it.

I'm also agree, if you want to start a profitable mining business you need to invest at least 10 or 15k and get the material directly from china to avoid some interim gains to begin with at least with  a 10TH "and it also would be veeeery profitable if have electricity for free" and reinvest  every month so you dont loose the dificulty advencement difference, and also you have to hope for the BTC to raise a little cause in this past month, it's not as healthy as we want it to be, the btc is crashing, also avoid fluctuation and trading losses if you trade, and maybe try with some other altcoins and bet on them and rebuying btc.

In my opinion it's a little hard, but hey, i'm a noob and i'm seeking some good ideas too :)

Long time I was on here... Just testing do I remember how to use this forum.

With my calculations, even with ~ 9 TH it is not very reasonable and profitable at all to start the mining :( Anyone has done calculations, exact how much is needed for a good start ?
And what is the best miner to buy ? Antminer S3 or other ?

First, mining profitability depends on a couple of factors like expectation of future difficulty and electricity price.
The same deal can be profitable to me but not to you.

Also, I don't think there is a "minimum hashrate" to make mining profitable.
If you don't have profit with a 1TH/s miner, buying 10 miners will just make your loss 10x larger.

I have free electricity and time to host them by myself, difficulty i am calculating like 15%. But it is still not profitable. With ants it is needed to buy PSU for every two ants, that adds tocosts a little too.

I agree with you, and btw, thx for the comment, and if we want to start the BTC business now they're 95% ahead so...


If you have free electricity and host so go for it, time is money man so do you math as quickly as you can and start making profits ;)

Mining is a risky business and you have to buy always new hardware without knowing if you will have some return on your investment.

for now I think no need to do a mining bitcoin, because investment costs are expensive, and of course the possibility to profit still can not predict, if a high-risk investment like a challenge, you can try it, hopefully You can find a safe and profitable investment ....  ;D

Welcome to the family of bitcoin which we are already, am also a new comer but just try and read every thing about bitcoin very well and make sure you understand what bitcoin really means.

Hello and good luck to you!