ericson
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December 13, 2016, 11:42:36 PM |
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correct me if i'm wrong, Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
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epitome
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December 14, 2016, 03:44:22 PM |
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because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
Mining coins does not mean that you are mining with the help of cloud mining sites,first get that thing straight and if people are mining still it is only because it is profitable for them and if not they wont be spending their money for their equipments.
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Zadicar
Legendary
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Activity: 1442
Merit: 1025
DGbet.fun - Crypto Sportsbook
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December 15, 2016, 06:09:48 AM |
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Why every people say that? It is so difficult activity ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) it is difficult for people who have no enough capital to start... and some newbies say it is dificult who never tried and don't even know what mining is. if you have enough money to purchase everything(including the electricity cast) you can do it with no issue. because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
don't call mining useless. there is big deference between mining and cloudmining. cloudmining have no any relation with bitcoin mining. they run on hype bases. I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin. The thing you said is very true on which cloudmining out there are mostly scams and its not really ideal to compare it with hardware mining on yourself. Infact there are still soo called cloudminings that really operates but still its not an assurance that they will last forever because as you said mining difficulty would surely rise each year and the days goes by.
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Dead Shot
Newbie
Offline
Activity: 71
Merit: 0
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December 21, 2016, 08:00:32 AM |
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It's Not a Difficult Activity It's an Easy Activity All Can Do This
Of course, everyone can mine but not all can earn a profit out of it. For example, you consider all the costs of your capital from the mining rigs to the power costs. If your country has a huge power cost then you can't earn a profit from it knowing that mining rigs consumes huge power and if you can't earn any profit you can't get your capital back and you won't make any money. That's why everyone everyone has the option to mine but not all can mine but cloud mining is another thing though.
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just_Alice
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December 22, 2016, 12:11:47 PM |
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It's Not a Difficult Activity It's an Easy Activity All Can Do This
Of course, everyone can mine but not all can earn a profit out of it. For example, you consider all the costs of your capital from the mining rigs to the power costs. If your country has a huge power cost then you can't earn a profit from it knowing that mining rigs consumes huge power and if you can't earn any profit you can't get your capital back and you won't make any money. That's why everyone everyone has the option to mine but not all can mine but cloud mining is another thing though. I hope you don't mean that cloud mining is a better thing than just mining. Theoretically it can be a better thing and I also was reading with big interest all those investment plans on cloudmining sites but in practice those are only words. Cloud mining services are what people should avoid, for now at least, because most if not all of them are using a Ponzi scheme in their structure.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 01:47:45 PM |
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It's Not a Difficult Activity It's an Easy Activity All Can Do This
Of course, everyone can mine but not all can earn a profit out of it. For example, you consider all the costs of your capital from the mining rigs to the power costs. If your country has a huge power cost then you can't earn a profit from it knowing that mining rigs consumes huge power and if you can't earn any profit you can't get your capital back and you won't make any money. That's why everyone everyone has the option to mine but not all can mine but cloud mining is another thing though. I hope you don't mean that cloud mining is a better thing than just mining. Theoretically it can be a better thing and I also was reading with big interest all those investment plans on cloudmining sites but in practice those are only words. Cloud mining services are what people should avoid, for now at least, because most if not all of them are using a Ponzi scheme in their structure. maybe happy mining here its mean we have enjoy for our mining, in cloud mining and real mining because for me, i think its a good to start with real mining but for cloud mining, there is only a few mining site which is recommended by many people and we should know that for cloud mining, there is a time we could spend to reach ROI and this is happen with real mining too.
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stevano
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May 26, 2017, 02:33:16 PM |
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I mean about having a edge to have profit!
If the situation is as it is now would be very profitable once working on the mining of a coin, because I am sure once the cost of mining process will be covered because the value is generated now, the selling value is very high.
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ahmedjamal1998
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May 26, 2017, 07:42:43 PM |
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Why every people say that? It is so difficult activity ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) it is difficult for people who have no enough capital to start... and some newbies say it is dificult who never tried and don't even know what mining is. if you have enough money to purchase everything(including the electricity cast) you can do it with no issue. because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
don't call mining useless. there is big deference between mining and cloudmining. cloudmining have no any relation with bitcoin mining. they run on hype bases. I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin. Some people mine bitcoin for fun or to make money. Mining will help you to gain more bitcoin instantly but it need time to wait. There are lot of mining sites and you can also upgrade your miners to gain double or triple bitcoin.Earning in mining sites is very nice because it will help all people who doesn’t enough bitcoin in there wallet. I hope mining sites will continue in giving free bitcoin. Did you seriously bring up a 5 month old thread up just to say that? What new urgent and important info that you had to add that made you bring it up? Mate that's just called spamming. Reported to mod.
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Baby Dragon
Sr. Member
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Offline
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
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May 27, 2017, 01:37:06 PM |
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Why every people say that? It is so difficult activity ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) it is difficult for people who have no enough capital to start... and some newbies say it is dificult who never tried and don't even know what mining is. if you have enough money to purchase everything(including the electricity cast) you can do it with no issue. because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
don't call mining useless. there is big deference between mining and cloudmining. cloudmining have no any relation with bitcoin mining. they run on hype bases. I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin. There are lots of mining sites this day and some people mine for fun and to make money.Bitcoin mining will help all people who don’t have enough bitcoin .For me mining is very useful because you can bitcoin for free.
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frowsiter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 27, 2017, 03:13:30 PM |
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Due the profits are like huge if you find a block in the mining process. Bitcoin is profitable business when it comes to its mining. Though there are charges of electricity and the huge set up but it still pays you back when the miners run for few years. It is hard job these days but for each block you found contains like around 12 btc. Just imagine that one for the time being !
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emezh10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2017, 07:52:03 AM |
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Why every people say that? It is so difficult activity ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) it is difficult for people who have no enough capital to start... and some newbies say it is dificult who never tried and don't even know what mining is. if you have enough money to purchase everything(including the electricity cast) you can do it with no issue. because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
don't call mining useless. there is big deference between mining and cloudmining. cloudmining have no any relation with bitcoin mining. they run on hype bases. I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin. Some people mine for fun or to make money easily. I think there are lots of people in the world who were use mining sites to get free bitcoin.In mining bitcoin you need time to wait to gain that money. You can also upgrade your mining or miner to get more bitcoin instantly. You need to use your computer or laptop to mine because some mining sites are software that you need to install in your computer or laptop. Mining sites will help all the people who doesn’t have enough bitcoin in there wallet.
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tubexc (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2017, 11:27:32 AM |
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Why every people say that? It is so difficult activity ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) it is difficult for people who have no enough capital to start... and some newbies say it is dificult who never tried and don't even know what mining is. if you have enough money to purchase everything(including the electricity cast) you can do it with no issue. because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
don't call mining useless. there is big deference between mining and cloudmining. cloudmining have no any relation with bitcoin mining. they run on hype bases. I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin. Some people mine for fun or to make money easily. I think there are lots of people in the world who were use mining sites to get free bitcoin.In mining bitcoin you need time to wait to gain that money. You can also upgrade your mining or miner to get more bitcoin instantly. You need to use your computer or laptop to mine because some mining sites are software that you need to install in your computer or laptop. Mining sites will help all the people who doesn’t have enough bitcoin in there wallet. Well, that's a good point of view. But most of that sites install unwanted software and malware in your PC. And have lot of annoying pop-ups too. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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alexsamudra
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2017, 04:03:27 AM |
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As soon as possible to follow the mining to be more profitable for those of you who participate in it.
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madwica
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2017, 07:26:45 AM |
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Why every people say that? It is so difficult activity ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) it is difficult for people who have no enough capital to start... and some newbies say it is dificult who never tried and don't even know what mining is. if you have enough money to purchase everything(including the electricity cast) you can do it with no issue. because every mining is uselss and full of loss and full of risk . there is always a chance to ran away the mining site any time without notice . hashocean mining is a best example of you topic that you have started .
don't call mining useless. there is big deference between mining and cloudmining. cloudmining have no any relation with bitcoin mining. they run on hype bases. I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin. Some people mine for fun or to make money easily. I think there are lots of people in the world who were use mining sites to get free bitcoin.In mining bitcoin you need time to wait to gain that money. You can also upgrade your mining or miner to get more bitcoin instantly. You need to use your computer or laptop to mine because some mining sites are software that you need to install in your computer or laptop. Mining sites will help all the people who doesn’t have enough bitcoin in there wallet. Well, that's a good point of view. But most of that sites install unwanted software and malware in your PC. And have lot of annoying pop-ups too. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Yeah correct and that will harm your computer that is why i start to avoid online mining and if i given a chance i would like to build mining site and buy more mining rigs to get faster income and make me rich by doing mining method by that i can say that i can do happy mining.
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Peashooter
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June 07, 2017, 05:00:46 PM |
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For me there's a little bit hard in mining because we dont know whether the sites are paying, but I saw also more people earning in many sites. I hope there's a sure mining already and no scam site.
Some people use mining sites to mine for fun or to get more bitcoin. If you want to mine bitcoin you need more time to wait to gain that much bitcoin but you can a sure that you gain that. I hope that all mining sites will continue their giving free bitcoins.
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wantjokull
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June 08, 2017, 04:28:47 PM |
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Well the start up cost and maintenance are the reason for its difficulty. Mining is not gentle it needs heavy assets and careful attention toward your rig of farm if you build any. The mining gets difficult with the hashrates, nodes solving, newly created block finding and much more. There is always congestion into the network as do many people are mining no a days leading to crossed connection and conflicts in the network. The concept us vast and that's why problems are many.
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arwani1985
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 09, 2017, 06:38:01 AM |
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mining ETH is the best
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Amph
Legendary
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June 09, 2017, 07:47:44 AM Last edit: June 10, 2017, 05:35:59 AM by Amph |
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mining ETH is the best
only with amd, nvidia have other much better option, nvida on ETH is bad minus the 1070 but it's underperforming compared to amd regarding cost/hash per gpu dual mining can help but still amd in on top on that algo due to memory/bandwidth limitation form nvida side
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wallstone
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June 09, 2017, 04:41:10 PM |
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I know that for me and many members here mining's a fun, nerdy hobby. We're doing it because we still can and we try to balance our costs with our earnings.
But as an interesting fact, mining difficulty COULD go down. Who knows if it does in the future...
Some bitcoin users they do the mining for fun or get some money. There many mining sites that you can use to get free bitcoin. Also, I’m glad that there are mining sites who can give free bitcoin and them also help all bitcoin users who don’t have enough bitcoin in their wallet. If you want to mine bitcoin you need to wait longer time to gain that bitcoin.
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Raxitto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 12, 2017, 01:04:47 PM |
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According to a Videcardz press release, both companies plan to release a version of their cards to satisfy the market for graphics cards made solely for mining. Nvidia says it will launch a GeForce GTX 1060 with GP106-100 GPU, a custom edition for mining. This card would have no display connectors and probably will not support any games. According to our sources, these cards, unlike the normal editions, would have only 90 days of guarantee. An AMD spokesperson: The gaming market remains our top priority. We are beginning to realize that there is a solid demand for our Polaris-based offerings in today's mining and gaming markets, based on the strong performance we are delivering.
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