want to start mining

[reuschman]

The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.

probably every coins is not profitable and even there is too much risk when you choose one...
today you get high revenue...tomorrow someone dump and you loss every gain.

[socks435]

The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.

probably every coins is not profitable and even there is too much risk when you choose one...
today you get high revenue...tomorrow someone dump and you loss every gain.

I think its defends of difficulty ethereum has high difficulty thats why mining now is not so profitable because many people are mining ethereum..

[Amph]

The most profitable coin to mine is the Ethereum. But its difficulty is rising fast. There are many big farms.

probably every coins is not profitable and even there is too much risk when you choose one...
today you get high revenue...tomorrow someone dump and you loss every gain.

wrong etheruem is very profitable, more than signature campaign or anythign else, even bitcoin is no mtahc witht he best asic and cheapest electricity

[RobFre]

If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.

[vicvip]

I believe utilising online faucet would be more profitable rather than the machine you specified.
Not that online faucet is profitable at all.

[ahmedsamir]

If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.

what is the good miner that let me generate from 10BTC to 20BTC monthly ??

[knightkon]

I believe utilising online faucet would be more profitable rather than the machine you specified.
Not that online faucet is profitable at all.

You can hardly find any online faucets that are profitable these days.  It is nuts how many companies start to play on BTC and then fold.  We need some good companies out there that deal with BTC.  This will help increase the demand and overall value.

[RyanLiang]

If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.

what is the good miner that let me generate from 10BTC to 20BTC monthly ??

There is no single miner can generate 10 bitcoin a months. You need a mining farm to make that amount.

[allankey]

From what I read online, BTC mining is not profitable any longer and not worth the time. The key expenses is your electricity bills.

[155UE]

If in your nation the electricity cost is low I think that it would be really better to spend some money for a good miner and try to earn something with that.

what is the good miner that let me generate from 10BTC to 20BTC monthly ??

purchase hundred or thousand of ASIC miners to have much power to mine bitcoins. remember that you will need huge money for that and the sad part is if you are paying expensive electricity then you will be in negative profit

[romero121]

Mining is simply hard than users think. Its good to start with limited equipments at the beginning as you can understand and move forward if you think that to be profitable.

[allankey]

What is the operational cost of running a farm with 1,000 miners?

[Nomercyforthedirty]

I am new to this forum too, and want to say hi at first, and also I am interested in knowing more about bitcoin mining, I have heard from social media about it, but I have no clue regarding it. I decided to register here as it was suggested in the facebook page , here someone can learn a lot regarding bitcoin.

[PeRo]

As stated above CPU/GPU Bitcoin mining isn't possible. You must buy ASIC miners to be able to mine. If you want to mine with CPU, you can mine Altcoins, but it is a risk as you will probably lose money. The only thing that could help you is free electricity, but you will probably burn your CPU.

[sbtctalk]

Unless you live in China and have access to free energy, else it is rather unprofitable, i boldly assume.

[pooya87]

Unless you live in China and have access to free energy, else it is rather unprofitable, i boldly assume.

yeah, that's right. mining will require a cheap electricity which is hard to come by in most of the countries. but i did a little bit of calculations a while back and found out that there is still hope for mining some of the altcoins if their price is high enough so you can still make a profit from mining them.

[Digital_Lord]

From what I read online, BTC mining is not profitable any longer and not worth the time. The key expenses is your electricity bills.

In most cases this is really true that mining is not profitable. because mining charges, electricity fee and miners price will cost more money then what you min with it... but it can be profitable if you start with big money and make a mining farm. only with one mining rig is not profitable.

[allankey]

From what I read online, BTC mining is not profitable any longer and not worth the time. The key expenses is your electricity bills.

In most cases this is really true that mining is not profitable. because mining charges, electricity fee and miners price will cost more money then what you min with it... but it can be profitable if you start with big money and make a mining farm. only with one mining rig is not profitable.

A large capital is needed to buy miners, land and the massive electricity bill. I wonder how much capital is needed to run a decent farm.

[vero]

I have a plan to buy the mining hardware after halving whether i would get a profit if only have one mining hardware?

[sbtctalk]

I have a plan to buy the mining hardware after halving whether i would get a profit if only have one mining hardware?

Currently, 1TH/s power yields around ~0.002 BTC per day, assuming difficulty is constant. There are others who could give advice. Make your decision wisely.