Hi, I would like tips to set up my first Ethereum Mining Rig, but I have little money to start with, what equipment should I worry about buying?
You want yo build etherum mining rig , didn't you hear about etherum turning to pos you should target another coin rather than etherum , you should think of zcash better and safe , eth may turn pos at any time before you hit your roi You better think of nVidia rig. What is "pos"? pos mean "proof of stake" pow mean "proof of work" Proof of Stake is a proposed alternative to Proof of Work. Like proof of work, proof of stake attempts to provide consensus... With Proof of Work, the probability of mining a block depends on the work done by the miner (e.g. CPU/GPU cycles spent checking hashes). With Proof of Stake, the resource that's compared is the amount of Bitcoin a miner holds - someone holding 1% of the Bitcoin can mine 1% of the "Proof of Stake blocks". |
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Just buy on a legit asicsminer hardware manufacturer. or you can buy it in ebay and i'm sure it will not scam you. |
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Ok thanks for the information ;-) good points of view :-)
I have been looking for the antminer l3. It was my first plan, order one to have it by 15july... i dont know.
I am pretty sure i gonna buy the 480's now
I want to buy RX 480 to... I want to rig bitcoin by these hardware. maybe 6pcs RX 480 is good enough for a single pc! what is recommended CPU setup for 6pcs RX 480 rig? thank you in advance. |
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Can someone tell me which coin can I mine with my pc and it is worth it?
just try minergate. you can mine and can select alt coin using your cpu. I already using minergate my hardware is core i3 cpu and using free electricity because it is my company computer. they don't know about it.hehe. I mine just for fun because I know it is not profitable enough. may be soon e try gpu mining. |
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for me I store my ethereum coin online because the site of my ethereum wallet is legit and no history record of scam.
It is recommended to store it online than to create on your pc wallet.
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ako lage na scam simula pa noong una kong nalaman ang bitcoin.
lalo na yong script dot cc hindi ko na withdraw bitcoin ko doon bigla nalang nawala.
natutu na din ako ngayon na hindi basta-basta agad mag invest.
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hi #saymissme, what mining hardware did you used? and how much profit do you get? I want to mine also using GPU hardware. they say that the ROI now is 6-8 months and it is great news. |
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I also vote signature campaign because this is my start here to earn bitcoin. I also do some faucet it is just a little but it's fun.
trading is my second choice but I don't do that for now because I don't have enough stocks of bitcoin. maybe in the future or sooner.
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I my country there is no bank that accept bitcoin but coins.ph is Philippines base private business organization that they create a website that accept bitcoin and create your bitcoin wallet here and they do is they partnership some bank here. They accept water and electrical bill payments, load and other transactions that accept bitcoin thru there website you can pay your bills. I think they are middle man/agent and it is good that we have this in our country.
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I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment? I know the typical business type on the market are : - Exchange
- Blog
- Lending
- Trading
- Selling stuff in bitcoin
- Freelance job in bitcoin
the first two are the best options for me. If I will have some money and I will be able to spend money on developers and on advertising and for staff then I will go for the first choice as it require more money while if I will have less money then I will create my blog that is very interesting for me. 1,4 and 2 is the best options for me also if you have huge amount of money or capital. Because if you do business with bitcoin you need a lot of money to invest and a lot of personnel to hire you need also good programmer and developer to make a blog and it is better of you create a website for your bitcoin business transactions. |
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No, there's other ways to use that $3,000 to make more money then you would I you waited a year.
for me if I have that money! I invest it with mining hardware to mine bitcoin than to buy bitcoin and hoard it for a long time coz we don't know when the value of bitcoin to go up and down. |
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I like bitcoin as digital currency and i like it very much. I can have it online and I can spend it online just like credit cards.
I have bitcoin like I have savings bank online. as long as I have pc and internet I can earn bitcoin by joining signature campaign and some bitcoin faucet.
I don't even have an investment of bitcoin using my personal money I just earn it online and it is very good for me.
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Cash is also known as money, in physical form. Cash usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances. You can buy through it. It is not there to buy goods using directly bitcoin. You need to convert it to become money.
yes you right! cash is good physical form of money it's handy and you can buy anything in an instant while digital currency as bitcoin is digital currency and need network fee and confirmation in every transaction before you can buy. cash is better than any than bitcoin. we already used cash sense before and bitcoin is new and it is in digital world. |
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World and technology are very advanced right now. However, that does not mean the bank will disappear, instead the bank will innovate with this progress. Banks are needed by every country and its citizens.
if we think that bitcoin is also play a role of bank , in bank your money in control of your bank or country government and bitcoin is in our own control no one can stole or hold our balance and bitcoin fees is very much low than bank i hope one day bitcoin will be disappear the bank in the future. you are right that bitcoin is already play a role of bank bitcoin bitcoin system is much more stable than bank and bitcoin has no extra charges and there is not tax apply on bitcoin so i hope bitcoin will be get more popularity and stronger in the future. bitcoin has already have an ATM machine just like ATM of a bank. I found one in UK my friend told me that they can transact pound to bitcoin and bitcoin to pound. The bank may not disappear they will only adopt bitcoin because bitcoin is only digital currency and different to local paper money. |
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its spread out amungst many thousands of addresses
pretty much the first 144 blocks on day one of bitcoin 95% sure that majority of them coins (7200coins spread over 144 addresses) are satoshis.
yes each block different address of about 50 btc each 144 blocks each day adds upto to thousands of addresses
in the first couple weeks id say 90% are satoshi's. the first month 40% are satoshis first couple months 20% are satoshis
by the end of the first year under 5% are satoshi's but all of those addresses thousands of addresses have ~50 btc on them each.
It is safe to assume that 90%> of the coins mined on the first month is from satoshi alone, knowing that him and Hal were the first ones who worked on the project. I've read something in this forum a year or so ago about some estimates of the total coins Satoshi has on all of his wallets: 1.4 million bitcoins are from him, spread amongst thousands of addresses from the first year of bitcoin's existence. I do believe that most of these coins are already lost in the void unless Satoshi really plans on doing some things for them in the future and kept the private keys safely. In today's pricing, that would be a whooping $2.14B or more, which is not too bad for his magnum opus. I think that only Satoshi know where is his all bitcoin go now. He did this on purposely and anonymously that he only knows. His the creator of bitcoin and he can do all of this. |
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for me I earn ethereum by join signature campaign. It just small coin but good enough than nothing to do.
I also do mining using antminer u3 it also mine small amount but it is ok because it is fun. I don't fee the electric bill coz I run it in my company office.
if you already have ethereum try to trade it may be double the value.
good luck friend...
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today 8 may, is realy humaniq coin can distribute 8 - 11 may
i will wait distribution coin and added to exchanger
i can not wait the bounty distributed. this is my first bounty and i cant wait also. how much can you earn with this signature campaign? i can't tell also!excited... |
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I'm new to ethereum to but I am waiting for my payment in a signature campaign that is have joining. My friend said that ether now is good coin and has high value. he now collecting more ether coins now and me to...
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for me I store my bitcoin on my online wallet. I don't store it in my computer due to some issues of my computer may be it will be break someday.hehe. I using my old acer laptop.
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If the miner still works that's good, pretty sure you can replace the fan as it's just an 92 80mm one. It's likely a three pin connector if it's powered by just 12V.
Thanks for correction from hagssfin below, 92mm not 80, but still 3 pin.
yes the miner still works... the only issue is the fan. I spin it manually but it does not work. may be I replace it. Yes its 92mm 3 pin circle ship fan. |
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