How much do I have before i can start mining

[solowise]

Ever since I came to this forum I have held positive news about mining as an easy way to earn bitcoin. My question is how much do I have before can go into it

[thegogetter]

How much do you have interms of what?

[Rodrigo Santos]

You can start right now, with your own CPU or GPU, but certainly it isn't profitable.

To get some real return from mining you need ASIC processors.

[MiningSensei]

if you are a real newbie, then dont even try to join one of those cloud mining sites, because they all are ponzi schemes, and you are always going to lose your money in there.

If you really want to make profit from bitcoin/altcoins mining, then better to have some thousands of dollars to invest in order to buy some rigs.

Maybe you can buy some antminer's s9, or a l3 +, they are giving a lot of money right now.

If you are paying a fourtune worth of electricity bills, then dont even think about joining to this world, because you are not going to earn money.

And go to the mining section of this forum, there is a lot of information for the mining starters.

[Awan Awan]

Mining now is not so profitable. Better you try trading.

[enenmom]

I think cloud mining will be more appropriate, but I tested, the revenue is not ideal, but I still willing to take the way of cloud mining to make profits, is it safe?

[solowise]

Thanks, this means it will not favour me because am Nigeria where light is not regular

[dothebeats]

$3000 for buying an Antminer S9. It would take at least a year to breakeven and afterwards it will be 100% profit for you. You also need to take into account the operating costs of your mining operation (electricity, internet etc.) so all in all you need to shell out at least $5000 for your first month if you're gonna run a single miner only.

[rgbrt]

Thanks, this means it will not favour me because am Nigeria where light is not regular

You must have stable electricity through out the day.

[winspiral]

Join my XMR team and mine XMR with your CPU.

[apvmoreira]

If you have a good GPU and or CPU start mining, then put it on a wallet and start trading.

I don't mine because i only have a laptop to work with so i had no other choice than to go to trading and i don't regret.

Just be smart and don't put your bags all in one basket .