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1  Bitcoin / Mining / Re: someone should please teach me how to mine on: August 31, 2016, 07:10:50 PM
Hello friend. I may have some bad news for you about mining. Since bitcoin started many people have developed mines and the competition has skyrocketed with the price. In the beginning you could mine with the cpu of your computer. Then mining went to hacked gpu's (video cards). Finally, chips made specifically for bitcoin mining were invented. After than the competition switched to who has the fastest chips and the most chips.
So today a profitable mine looks like the one pictured below. It will take tens or hundreds of thousands of dollars to be very competitive now.



Mining may not be your best bet with bitcoin. But there are still many opportunities in the bitcoin economy.
-Cheers
Hi, in response to the above, in today's time what would a suggested return be if some one was looking into Pool Mine on a safe platform, I know there are some companies that offer high returns, but these tend not to last that long, what about a moderate 8% monthly return on a Mining Contract?
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