Bitcoin Forum

ok I heard that it's basically impossible for me to mine using my PC because it's too weak etc ...
also heard of some kinda of USB's or whatever ? could I earn some bitcoins from those ? if yes how much and could anyone link me to them ? (official page sales or whatever) , want to know more about mining .

My USB antminers are resting in thier packaging in my "Personal Meuseum of Obsolete Bitcoin Mining Equipment" they stay there until a new SHA coin comes out where i can begin mining it then move up to the bigger asics I have now :) this is so I dont throw an astronomical amount of hash at a network to fast :)

you can buy them on aliexpress I think or find someone who has some for sale maybe ebay or something like that. if they are asking over 3 dollars each it to much. as far as a reward very minimal, they run 333MHS to 3 GHS each max, if you have 10 you might get 20 GHS 1 dragon miner runs at 1000 GHS so you do the math :)

I can't do the math since I don't know anything about Mining or how the earnings are getting calculated
mind telling me how much you earned a day from them ? profitable or not at all ?

mining bitcoin with cpu/gpu/usb interrupter was  possible years ago,to mine with current difficulty you need mining hardwares with hashrates in THs
don't waste your time with cpu/usb miners
go to the computer hardware subforum and buy used hardware from there at cheap price the new one

Thanks for answering , and how much those should costs ? if I buy one for example  , how much BTC will I make in 24 hours (for example) .

A good resource to judge how much you would earn is the link below, although this is just an estimate don't rely on it to be the exact shown values.

http://www.coinwarz.com/calculators/bitcoin-mining-calculator

the antminer s-4 can be had for 550 usd from zoomhash.com a legit seller.

it does 2th

it burns 1200-1300 watts to do that.

so if you have really cheap power it could work. but spending 550 usd up front and paying 100 a month for power if you have 10 cent electric power make it  a marginal buy.

If you have 6 cent a kwatt power it could be okay.

I am not sure what you want to spend.  how much power costs you etc.

I need to know your power costs to give you any worth while info.

Thank you so much , very helpful calculator .
Gonna check the Computer Hardware section now to see the prices etc ...

I will give youna ballpark estimate. 1G hash will mine you 0.00001btc per day. Purchase a miner with 1T hash will earn you 0.01btc per day, minus your electricity cost.

In my country it's not that expensive I get , we pay like 40-50 USD for three months (Electricity & gas) so not sure if we can consider this as cheap or not , don't how much cent for kwatt

Mm dosen't sounds that bad , 0.3 BTC per month ?

Don't forget to subtract the cost of your electricity! I know for some people electricity costs a lot, so mining isn't desirable for them.

I really googled for the cost of Electricity on my country and didn't find anything ... It's like we don't exist on the world

Maybe you could check with your electricity provider about the cost?

bitcoin mining is extremely competitive and relies very much on current difficulty. The longer you wait the high the difficulty becomes and the less profit you will make.

Anyone can mine it, but at this point, unless you buy specialized hardware Bicoin ASIC, you will spend more in electricity than you will get from mining.

that was true maybe 1 year ago, now it's just a farm-fest nothing else, small miners are out of the race since months

maybe with cloud mining there are better opportunity, because hash power can be resold faster

Mining bitcoin with cpu/gpu/usb interrupter was  possible years ago,to mine with current difficulty

You need mining hardwares with hashrates in THs don't waste your time with cpu/usb miners

go to the computer hardware subforum and buy used hardware from there at cheap price the new one

You are way too late for any kind of low investment mining. If you want to mine, you need to invest quite a lot. The other option is to test some of these CPU coins, Magi for example, but it s really questionable if you can make any money on that.

Please teach me how to start mining for step by step?

Sincere thanks !

Sure, let me send you 100 BTC while I m there.

I want to mine altcoins but I have to start from? Please help ! thanks !

Altcoin mining is much harder with current equipment.  I would suggest trying BTC first.  There is just a lot better equipment for BTC then Scrypt right no.

Are you willing to try BTC first?

you could start with a2 terminator and mine every scrypt coin at launch then stop and repeat, dump them fast

you should roi faster in this way, with less consumption

most are gotten into cloud mining due to hardware space issue and the main electircity issue so I would dig in with spoondlies that started it recently.

Most are doing this since there is very few providers, and certain ones like KNC, BFL, Coin Terra, all these guys failed with their customer support.

https://bitcointalk.org/index.php?topic=521520.0

I think these guys are legit, but they also give you the option to pay in credit card. If shit hits the fan, then you have easy access to call your credit issuer to solve a fraud case.

They operate together with Genesis Mining now. However, their prices are still way too high.

I recommend mining to any and all "Bad Guys", however, I won't recommend it to all you "Good Guys."

What do you mean by this?  The main reason I recommend mining is based on electricity.

What he s saying it s not profitable and only bad guys should invest in it. I disagree, if you play it smart, constantly reinvest, you can probably get your ROI.