|
Title: Mining Post by: alihassan99 on September 30, 2017, 08:38:52 AM Can someone here tell me how can i start mining?
Title: Re: Mining Post by: dothebeats on September 30, 2017, 09:15:27 AM There are numerous threads around here that shows how people can start mining but anyways..
First, what coins do you plan to mine? If bitcoin then you'll need a powerful ASIC to breakeven and gain profits. If altcoins such as ETH, Zcash or XMR you:ll need a GPU rig. Most other altcoins are feasible to mine on a GPU rig so if flexibility and affordability is what you're also looking into your mining venture then GPU mining would be good too. Title: Re: Mining Post by: alihassan99 on September 30, 2017, 09:54:07 AM There are numerous threads around here that shows how people can start mining but anyways.. Its helpful. ThankuFirst, what coins do you plan to mine? If bitcoin then you'll need a powerful ASIC to breakeven and gain profits. If altcoins such as ETH, Zcash or XMR you:ll need a GPU rig. Most other altcoins are feasible to mine on a GPU rig so if flexibility and affordability is what you're also looking into your mining venture then GPU mining would be good too. Title: Re: Mining Post by: rucemud on September 30, 2017, 05:42:29 PM You have to determine that you dig what kind of coin such as eth and most coin is digging with gpu and xmr is a coin dig with cpu after you know how to dig then you will find and buy these excavator needed
Title: Re: Mining Post by: HabBear on September 30, 2017, 05:56:17 PM Can someone here tell me how can i start mining? Great question! I've got your answer right HERE. (http://bfy.tw/EDuA) You should evaluate how much bitcoin mining will cost you vs. how much you can expect to earn based on your hash power, number of machines used, etc. Good luck to you! Title: Re: Mining Post by: mrtryonebiggums on September 30, 2017, 07:42:58 PM Do not know if it has been mentioned but other than PoW (Proof of Work) mining you can do PoS (Proof of Stake) mining which is mining by staking your coins. If a coin is a hybrid which many are starting to become now you
can mine your favorite coin in two different ways! Title: Re: Mining Post by: Slark on September 30, 2017, 09:54:09 PM Can someone here tell me how can i start mining? I bet you are not really interested in mining but rather want to earn money in the most efficient way and you heard somewhere that mining can generate you profits.So I have a rundown for you: mining was never really the best way of obtaining coins (maybe in the beginning of life cycle of a coin when usually there are not many people mining anything) The best option is to BUY coins and keep them waiting for the best opportunity to sell at ATH, then rebuy at the decline and rinse and repeat. Title: Re: Mining Post by: farfanx4 on October 01, 2017, 12:15:06 AM I think little farms will die eventualy no matter how cheap your electricity is. The only way is if it s free otherwise i think it s pointless cause you you dont know when the price will be up or down and will it cover your effort.
If you want it so much there re plenty of threads here you start using search tool. Title: Re: Mining Post by: raffouda on October 01, 2017, 12:15:59 AM I think little farms will die eventualy no matter how cheap your electricity is. The only way is if it s free otherwise i think it s pointless cause you you dont know when the price will be up or down and will it cover your effort. I agree with him.If you want it so much there re plenty of threads here you start using search tool. Title: Re: Mining Post by: amueller on October 01, 2017, 04:08:12 AM mining is last thing you must start Because it isn't for Newbie so just stay 6 months use this site and read about it then start your work
Title: Re: Mining Post by: Choulwook28 on October 01, 2017, 08:18:25 AM I am interested in mining too. I need to read more here for I have more knowledge. There are many well knowledgeable here. We can get their ideas.
Title: Re: Mining Post by: redwine49 on October 01, 2017, 01:35:24 PM Can someone here tell me how can i start mining? i learn alot about mining, generaly mining is about you have to provide the gpu/cpu hardware. but you can mining coin by completing captcha, https://raiblocks.net/ its completely different pow coin by using human work. Title: Re: Mining Post by: will01z on October 01, 2017, 02:41:32 PM If the electricity bill is not cheap, it will die.
But as a hobby it's fun! Title: Re: Mining Post by: will01z on October 01, 2017, 02:54:24 PM Firstly, prepare 2 to 4 GPUs.
Recommended if geforce is now. You can study while digging with [NiceHash]. If it's a CPU ... only minor coins. Title: Re: Mining Post by: waitforme on October 01, 2017, 02:56:33 PM There are numerous threads around here that shows how people can start mining but anyways.. The answer above would be a good advice for you but as far as I know it is better to dig with cpu than dig it with gpu right? :D :DFirst, what coins do you plan to mine? If bitcoin then you'll need a powerful ASIC to breakeven and gain profits. If altcoins such as ETH, Zcash or XMR you:ll need a GPU rig. Most other altcoins are feasible to mine on a GPU rig so if flexibility and affordability is what you're also looking into your mining venture then GPU mining would be good too. Title: Re: Mining Post by: deadthings on October 01, 2017, 07:44:55 PM Can someone here tell me how can i start mining? It depends on which coins are you going to mine, remember that if you find type which you would like to work with, find information on your own, why? More you know, more you earn, easy. |