Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.
Hi I am in Chennai. I made a mining rig with Raspberry Pi and ASIC miners. I used BFGminer on Raspian Wheezy by following a Youtube Vid.
But after following all instructions I am geting a "Pool setup failed". Is there anything I am missing here?
the BFGminer promts me with URL:
whn i enter details , It asks me for User name and PW.
after that it says " Pool Setup failed.
Is it because of the Port3333, Should I enable it?
I am completely new to this. I just started it as a DIY weekend project and it has bothered me a bit more!!!!