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With more respect from those more leaned than me, as a full and senior members how mush did you earned from signature campaign on btcointalk?. Your answer will encourage we the newbee to work hard. Thanks
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That mean those from cool temperature's country has advantage in mining bitcoin, and there have to just concentrate on electricity and bitcoin mining hardware and software. Africa from what I have learned from this treat we have spend alot in electric, cooler, mining software and hardware and security including time. Roi will be very low. For now I will concentrate my mind on rendering service for bitcoin.
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Chinese are doing will because they have advanced technology. One day we in Africa will develop to that level and we will become the grand master of bitcoin and other coins.
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What most people are saying here is true. I was in many countries in Africa this years, some of them I didn't saw even the expression of Bitcoin... Buy let's talk about where it is present. For example, in Cape Town only few people there do mining bitcoins because electricity is not cheap, but in Egypt energy is very cheap and the community is pretty cool about Bitcoins. I was in Abuja, Nigeria, and it's a good place to do mining too.
I lived in Abuja Nigeria, and I think in Abuja one can mining bitcoin with just little running cost. Abuja wether is relatively cool and most time light situation is a bit ok. thank senior. |
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can we in Africa really successful mining bitcoin?
First of all this is mining discussion. Secondly your question it a vague - Africa is large continent, where exactly you want to open a mining farm? For successful mining you need three things: 1. Cheap electricity - the most important factor. I am not familiar with how expensive power is in Africa. 2. Cooling - you will need some serious AC to keep your hardware from overheating. In hot environment of Africa this will be additional costs. 3. Hardware - but I guess at this point it is not important where you are, as ASICS can be delivered anywhere. thank you sir, I am from Nigeria the only major problem I no we have is electricity,outside our wether is very favourable. Do I understand good that you don't have electricity? How do you plan to mine bitcoin then? I think if you can fulfill this 3 steps successfully you can mine bitcoins everywhere. Cheap electricity, mining equipment and something to cool all that is necessary things, without one of this 3 things you are doomed. Africa is really big continent, probably with some good investment there is a way for them to set up mining farm one day. ok Sir I pray God answer your pray for us. Thank |
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can we in Africa really successful mining bitcoin?
First of all this is mining discussion. Secondly your question it a vague - Africa is large continent, where exactly you want to open a mining farm? For successful mining you need three things: 1. Cheap electricity - the most important factor. I am not familiar with how expensive power is in Africa. 2. Cooling - you will need some serious AC to keep your hardware from overheating. In hot environment of Africa this will be additional costs. 3. Hardware - but I guess at this point it is not important where you are, as ASICS can be delivered anywhere. thank you sir, I am from Nigeria the only major problem I no we have is electricity,outside our wether is very favourable. |
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can we in Africa really successful mining bitcoin?
No why please can you explain. We in Nigeria are facing electric problem but those in lybia and south Africa has relatively electricity. I think is a problem of mind set |
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Offering services for bitcoin or sales of goods for bitcoin make it look like a formal businesses.gambling,bitting and hyip make it look as if the rich stoling from the poor.bitcoin is an advancement to currency development. With God bitcoin has com to stay and will most all going hand to make it work.
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can we in Africa really successful mining bitcoin?
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Thanks you all I have learned from you
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I am an Accountant and can do well also in designing.
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can I make $300 rendering service in a month
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I do earned around 0.00001 daily from fucent site. Though I join bitcointalk 4 days ago hope to increases my earning.
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Dollar to be Jostled by Traders Speculation and Fed Officials Forecasts.
... Should these scales change, we can oscillate within the broad range on the ICE Dollar Index (850 points) and EUR/USD (1,225 pips).
... Fri, Sep 23 6:23 pm PDT Weekly Trading Forecast: Where to for FX Market after ...
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My advice to you are: If you can control your emotions when the currency is going against you also study the currency behaviour.
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I will advice you to learn how to trade bitcoin with other currency. Bitcoin mining are for those that has large capital
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If you are trading you should trading as a business any outside this don't work. Don't trading more than ten percent of you capital and since is business don't expect to make profit all time. Keep you eye on your emotion.
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Bitcoin to me is Hundred percent better compare paypal. Paypal in Nigeria don't accept withdrawal no mater the amount you have. Bitcoin come to solve that problem for us.
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I will used part of my earning to pay my daughter School's Fees. My remaining balance will be divided into two.:
1.I will buy good e.book on bitcoin trading and mining.
2. Invest in bitcoin.
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