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Title: Request from a Newbie Post by: niacar on June 29, 2018, 01:22:59 PM Always wanted to start my own mining trip, but I don't seem to know how to start. I tried to find a thread that could enlighten me. I can't find what I want. I can't understand too many people's ideas and suggestions, yes they are too powerful. who can help me? what should I do???
Title: Re: Request from a Newbie Post by: xxcsu on June 29, 2018, 01:40:25 PM Before you start " mining " you need to do a lot of reading, learning on this forum , get some basic knowledge, and also make sure about how risky investment is to spend any money on a computer hardware / ASIC hardware just for mining prupose.
There is a great article about some basic information (https://www.lifewire.com/cryptocoin-mining-for-beginners-2483064) And a great topic ;) about some very popular questions what really no one can answer :) (https://bitcointalk.org/index.php?topic=2208927) I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE" No one can tell you ! Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time ! You have to make a decision for yourself ! Do your own research ! No one can tell you for sure what's going to happen with cryptocurrency ! No one can tell you it's going to be profitable for you or not ! No one can tell you how much profit you going to be able to make ! ( if you can make any at all ) No one can tell you the ROI ( return of investment) time ! No one can tell you what is the best coin to mine ! No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow ! None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later ! Those calculators telling you about today , at that moment when you typing in your information ! None of those online calculators calculating pool luck ! None of those online calculators calculating your stale/rejected or invalid shares ! None of those online calculators able to predict difficulty growth ! None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later, tomorrow, next week, months later, 6 months later or a year later ! It's little bit of gambling , you must to decide you want to play on the lottery or not ;D YES some of us got lucky , made some money with mining YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners... ! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE ! ! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING ! Title: Re: Request from a Newbie Post by: xhomerx10 on June 29, 2018, 01:48:31 PM Always wanted to start my own mining trip, but I don't seem to know how to start. I tried to find a thread that could enlighten me. I can't find what I want. I can't understand too many people's ideas and suggestions, yes they are too powerful. who can help me? what should I do??? If you can't understand others' ideas, don't seem to know how to start and need somebody to enlighten you then mining is not for you my friend. It is hot, noisy, expensive, time intensive, very competitive and not very rewarding at all. Best advice I can give you is to stay away unless you have nothing better to do. You're going to need at least
Your electricity bill is going to increase. Do the math first so you (or your parents, landlord, significant other) wont be caught off-guard. Title: Re: Request from a Newbie Post by: Vann on June 29, 2018, 01:54:49 PM If you have a computer with a modern graphics card you can start mining with the hardware you have at night whenever you're not using it to get familiar. Basically you need to setup a wallet for the coin you want to mine to get the address where to get paid, download a miner program for the algorithm used by the coin you want to mine, choose a pool for the coin you want to mine and configure the miner with your wallet address and/or your pool worker info.
There are lots of websites and Youtube videos on how to get started. Just google 'How to mine XXXXXXX'. BBT's Youtube has many videos on how to setup and configure a mining rig from scratch. He also has a multi-miner that he updates regularly that makes it easy to mine different coins. https://www.youtube.com/user/BitsBeTrippin/videos https://www.twitch.tv/videos/267153982 https://github.com/bitsbetrippin/bbtmultiminer www.mining.help Title: Re: Request from a Newbie Post by: crairezx20 on June 29, 2018, 03:07:13 PM I hope that you know how to use google search engine to find what exactly you wanted to know about building your own mining rig.
You need hardware parts like motherboard, cpu and graphics and other components you need for mining rig. Check this 2 links that I found from google. https://cryptosrus.com/ethereum-mining-rig/ and this https://gpu0.com/mining/6-gpu-mining-rig-build/ Title: Re: Request from a Newbie Post by: ciprianpt on June 29, 2018, 05:20:38 PM Also don't forget to check 1st Mining Rig here: https://1stminingrig.com :)
LE: a very useful guide to choose the best hardware for mining here: https://1stminingrig.com/best-mining-rig-hardware-mine-2017/ let me know if you have any questions :) cip Title: Re: Request from a Newbie Post by: IndieMiner on June 29, 2018, 05:37:19 PM First thing you'll need is the hardware, do you have the hardware to begin mining (e.g., a mid-to-high-end graphics card)?
Title: Re: Request from a Newbie Post by: Geraldo on June 30, 2018, 04:38:27 AM I don't believe you can't find any pieces of information that guide you on how to start mining ??? (when other people can find it [tested it myself]). For starting, you got good advice above (knowing basic knowledge, then some of the technical things). ;)
Before you start " mining " you need to do a lot of reading, learning on this forum , get some basic knowledge, and also make sure about how risky investment is to spend any money on a computer hardware / ASIC hardware just for mining prupose. When you felt enough with all of the information you get, then go to the next step (implement it). Title: Re: Request from a Newbie Post by: niacar on July 03, 2018, 10:35:03 AM Before you start " mining " you need to do a lot of reading, learning on this forum , get some basic knowledge, and also make sure about how risky investment is to spend any money on a computer hardware / ASIC hardware just for mining prupose. Thank you for your help, very useful!There is a great article about some basic information (https://www.lifewire.com/cryptocoin-mining-for-beginners-2483064) And a great topic ;) about some very popular questions what really no one can answer :) (https://bitcointalk.org/index.php?topic=2208927) I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE" No one can tell you ! Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time ! You have to make a decision for yourself ! Do your own research ! No one can tell you for sure what's going to happen with cryptocurrency ! No one can tell you it's going to be profitable for you or not ! No one can tell you how much profit you going to be able to make ! ( if you can make any at all ) No one can tell you the ROI ( return of investment) time ! No one can tell you what is the best coin to mine ! No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow ! None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later ! Those calculators telling you about today , at that moment when you typing in your information ! None of those online calculators calculating pool luck ! None of those online calculators calculating your stale/rejected or invalid shares ! None of those online calculators able to predict difficulty growth ! None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later, tomorrow, next week, months later, 6 months later or a year later ! It's little bit of gambling , you must to decide you want to play on the lottery or not ;D YES some of us got lucky , made some money with mining YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners... ! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE ! ! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING ! |