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Author Topic: Newbie here From PH I wanna learn how to mine BITCOIN  (Read 1130 times)
NikkyB (OP)
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August 08, 2015, 07:55:05 PM
 #1

Hi Im Nikky Im trying to learn on to mine Bitcoin here in my country, Hope someone can help me with this, I dont mind giving you share after If I can mine some coin.

Thanks

By the way you can reach on my Skype ID Im available all the time Nicole.leeoffsourcing
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August 09, 2015, 02:22:15 AM
 #2

you will need an asic miner to do so Smiley
https://www.bitmaintech.com/product.htm


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August 09, 2015, 04:43:49 AM
 #3

Hi Im Nikky Im trying to learn on to mine Bitcoin here in my country, Hope someone can help me with this, I dont mind giving you share after If I can mine some coin.

Thanks

By the way you can reach on my Skype ID Im available all the time Nicole.leeoffsourcing

Welcome Nikky.
Here's like about hardware comparison, for your reference: https://en.bitcoin.it/wiki/Mining_hardware_comparison
You need to calculate with your electric biils too. Good luck.
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August 09, 2015, 07:35:32 AM
 #4

Hey Nikky, I know several others have already given you helpful resources on mining, so I won't go into any detail. However, I would like to warn you that Bitcoin mining is not too profitable anymore. Mining power has saturated the market, and mining Bitcoin profitably requires a large investment, cheap electricity, and ideal conditions. If you are set on mining, you may want to look into mining up new altcoins that you think will appreciate in value.
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August 09, 2015, 07:38:52 AM
 #5

dont mine or buy anything. just take some weeks to understand the tech and you will find your answer.

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August 13, 2015, 07:29:38 AM
 #6

Hey Nikky, I know several others have already given you helpful resources on mining, so I won't go into any detail. However, I would like to warn you that Bitcoin mining is not too profitable anymore. Mining power has saturated the market, and mining Bitcoin profitably requires a large investment, cheap electricity, and ideal conditions. If you are set on mining, you may want to look into mining up new altcoins that you think will appreciate in value.

bitcoin mining nowadays isn't cheap... you can try to mine bitcoins but you shouldn't hope to get some significant results if you don't have some solid hardware or miners lying around for you to try, the difficulty currently doesn't promise benefits for solo miners  and pool mining won't guarantee a definite award... though, there's no harm in trying.
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August 13, 2015, 07:33:09 AM
 #7

hi there i see you are from PH, asking to your fellow countrymen will be good.

here is our local thread incase you want to ask more

https://bitcointalk.org/index.php?topic=27736.0

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August 14, 2015, 07:20:30 PM
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Hey Nikky, I know several others have already given you helpful resources on mining, so I won't go into any detail. However, I would like to warn you that Bitcoin mining is not too profitable anymore. Mining power has saturated the market, and mining Bitcoin profitably requires a large investment, cheap electricity, and ideal conditions. If you are set on mining, you may want to look into mining up new altcoins that you think will appreciate in value.

bitcoin mining nowadays isn't cheap... you can try to mine bitcoins but you shouldn't hope to get some significant results if you don't have some solid hardware or miners lying around for you to try, the difficulty currently doesn't promise benefits for solo miners  and pool mining won't guarantee a definite award... though, there's no harm in trying.
before investing learn it , calculate and then decide to mine or not. i advice you trading instead of mining

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August 14, 2015, 07:29:10 PM
 #9

Hi Im Nikky Im trying to learn on to mine Bitcoin here in my country, Hope someone can help me with this, I dont mind giving you share after If I can mine some coin.

Thanks

By the way you can reach on my Skype ID Im available all the time Nicole.leeoffsourcing

There is a mining forum where you can obtain technical support and advice: https://bitcointalk.org/index.php?board=14.0

However, I must say, mining bitcoin at this point is for the big players. Without extremely cheap electricity and access to new generation chips, it's very tough to compete and ROI. Be careful out there....
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August 14, 2015, 09:38:43 PM
 #10

Firstly, you have to learn something about mining in this forum then you have to decide what will you do?

I prefered to invest a cloud mining site  some satoshis. Maybe you can do like that.

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August 15, 2015, 01:48:10 AM
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Firstly, you have to learn something about mining in this forum then you have to decide what will you do?

I prefered to invest a cloud mining site  some satoshis. Maybe you can do like that.

investing in a cloud mining site is really not advisable for anyone, first, most cloud mining site is a ponzi. 2nd, you can lose your bitcoins. 3rd, takes too much time before you ROI
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August 15, 2015, 05:16:57 AM
 #12

mining is not the best option to earn bitcoins in ph because of expensive electricity
per kwh your not gonna earn some profit
the best way is to join a signature campaign by looking at the services section in the marketplace
and apply to one which best suits you

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August 15, 2015, 08:29:29 AM
 #13

Firstly, you have to learn something about mining in this forum then you have to decide what will you do?

I prefered to invest a cloud mining site  some satoshis. Maybe you can do like that.

investing in a cloud mining site is really not advisable for anyone, first, most cloud mining site is a ponzi. 2nd, you can lose your bitcoins. 3rd, takes too much time before you ROI

It is an option and I trust some cloud mining companies. Maybe its ROI time is too longer but if you buy a new miner computer, its roi is more longer than a cloud mining. You have to invest more money. Also you can trade some cloud mining site.

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