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Author Topic: Is it possible to mining without asset???  (Read 2912 times)
Jeremycoin (OP)
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March 24, 2015, 09:44:29 AM
Last edit: April 07, 2015, 06:40:21 AM by Jeremycoin
 #1

Is it possible to mining BTCitcoin without any capital/asset?

faucet used to be profitable
Amph
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March 24, 2015, 11:03:59 AM
 #2

without investing you mean? i don't think so, unless you get your miners for free, and even then you need to pay the bills
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March 24, 2015, 11:09:29 AM
 #3

Is it possible to mining BTCitcoin without any capital/asset?

Short answer: NOPE.

Longer:

You need a "tool" that does the mining. A computer (CPU or GPU) is worthless these days for mining, you'll need a dedicated device (ASIC).
So even if you already have a computer and you don't want to count it as investment, even if you don't count (yet) electricity as investment  - though you should, for both! - you still clearly need to invest (ASIC).

This was for mining at home.

If you do cloud mining, you have to pay for it and that's, obviously, investment.


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notlist3d
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March 24, 2015, 12:40:41 PM
 #4

Look at the price of asics.  You will need to buy a miner to be able to mine.  Sadly the day's of CPU/GPU mining are over.
hugs1BTC
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March 24, 2015, 08:00:33 PM
 #5

Is it possible to mining BTCitcoin without any capital/asset?

No, difficulty is too high now.
--Encrypted--
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March 24, 2015, 08:11:03 PM
 #6

Is it possible to mining BTCitcoin without any capital/asset?

no you can't. miners are expensive.

you're 4 years too late, mate. don't feel bad cuz a lot of people including me used to believe that when we were still new.
tsm13
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March 24, 2015, 09:34:40 PM
 #7

Is it possible to mining BTCitcoin without any capital/asset?

Yes technically you can use pen and paper
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hee-ho.


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March 24, 2015, 09:43:24 PM
 #8

Is it possible to mining BTCitcoin without any capital/asset?

Yes technically you can use pen and paper

lol. you can earn a lot more looking for pennies on the roadside.
using that method for a full day won't even get you a penny
and btw, pen/cil and paper aren't free.  Grin
rollingdice
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April 04, 2015, 10:00:31 AM
 #9

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

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notlist3d
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April 04, 2015, 10:53:11 AM
 #10

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money
randy8777
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April 04, 2015, 07:20:45 PM
 #11

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.
sinewave
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April 04, 2015, 07:44:34 PM
 #12

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.
notlist3d
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April 05, 2015, 12:09:16 AM
 #13

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

Mining at home is still alive but it takes low priced electricity.  Electricity is a big factor.  I still say GPU/CPU days are over.

It is going to take capital to mine.  You need to buy a asic I think.  Without doing this you are just in a battle you cannot win.
hugs1BTC
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April 05, 2015, 06:15:05 PM
 #14


Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

If you believe price will increase you better start buying BTC directly, home mining gets harder everyday
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April 05, 2015, 07:08:01 PM
 #15

Is it possible to mining BTCitcoin without any capital/asset?

No (unless you are really good at math and are fast with pencil and paper, or are a savant of some sort - even then, not worth the effort)
randy8777
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April 05, 2015, 11:24:48 PM
 #16

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

for example here in europe it is impossible to do home mining as prices of everything are way too high. investing directly in btc seems a better option.
maku
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April 07, 2015, 01:31:28 AM
 #17

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

for example here in europe it is impossible to do home mining as prices of everything are way too high. investing directly in btc seems a better option.
Lets just say that mining without proper equipment and hardware is impossible. Mining anything without investing money is unreal. And even if you have some spare cash to invest it is probably waste of time and money as we are the time and age of full specialized mining farms rather that individual miners so unless you have like $100k to spend for hardware and setup mining is out of the question.
Jeremycoin (OP)
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April 07, 2015, 06:05:12 AM
 #18

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin
So, is it possible to mine altcoin without asset? Huh

faucet used to be profitable
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April 07, 2015, 06:15:49 AM
 #19

Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin
So, is it possible to mine altcoin without asset? Huh

No you can't. You have to have some sort of hardware to create bitcoins or altcoins. You will have to use electricity too to create coins.

You can get coins through signature campaigns, free faucets or risking it at the gambling sites.

Either way

sha256 ASICs= most efficient for mining bitcoin

scrypt ASICs= best for mining scrypt

GPUs= best for alternative algorithms x11,x13,x15, neo, etc.

Other than that, money in may equal money out. Only if you do your research.

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April 07, 2015, 04:22:37 PM
 #20

op you just have to be creative and hustle.

if you find most people seeing the same information as you, what sets you apart from the rest? You may not technically mine for bitcoin, but you can definitely make btc by doing other things like starting a vpn company that accepts bitcoin.

Which allows you to be still in the bitcoin scene, but not mining scene and still be profitable.

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