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Author Topic: What is mining??  (Read 1480 times)
Mkmanik
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April 16, 2017, 07:12:12 PM
 #1

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced

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kolloh
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April 17, 2017, 04:11:25 AM
 #2

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced

Check out https://www.youtube.com/watch?v=GmOzih6I1zs which describes bitcoin mining and how it works.

Generally, this won't be profitable unless you have dedicated mining hardware and cheap electricity.
Andrew1337
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April 17, 2017, 04:54:50 AM
 #3

Just take a look here : https://www.bitcoinmining.com/

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April 17, 2017, 10:10:39 AM
 #4

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced
I am not one to judge but....... You have been on this forum for quite a long time and you still don't know what mining is? I don't know the specifics but I have a general idea. You should just google it, remember, google is your best friend when you don't know something.
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April 17, 2017, 10:12:41 AM
 #5

Being a noob, I have a small doubt regarding Bitcoin mining. I have purchased a few USB-run mining rigs. My question is, if I run them for 7-8 hours a day, can I get at least BTC0.01 in a month's time?

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April 17, 2017, 08:52:45 PM
 #6

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced
Well my friend, Im afraid that you have made a really serious mistake, you have posted on the wrong account, or bought it when your brain is still not ready.
You have senior member rank, so that means you should have spent a really long time on this forum, making posts and threads. So how it is possible for you, that you don't even know how mining works, which is pretty much a basic bitcoin mechanics?

For me, it looks like that someone has attracted you with signature campaining profits, and you have bought an bitcointalk.org account, without proper education about cryptocurrency subjects.

You better make a new account and start getting principles of bitcoin, instead of making useless posts with account that has been created long time ago.

pokerplayer
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April 17, 2017, 09:29:09 PM
 #7

Mining is when your computer  work math tasks to complete transactions and like that we get payements via bitcoin from wallet to other wallet and everybody who mine on own computer make profit from mining in long term.
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April 18, 2017, 03:41:45 AM
 #8

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced

i think you need to read more info about mining because there is many information that allow us to know what is mining, and if you really want to know, you can visit in youtube and i guess you can found many good video that explain about what is mining, how we can mining, and else. beside that, there are many article that you can read and you can found not just video only but good article so you can learn more about mining. lets think out of the box and i am sure that you will gets much of information that you needed.

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April 18, 2017, 08:26:44 AM
 #9

I am having some doubts abut Bitcoin mining. Can someone help me? I am ready to invest somewhere around $300 for a new mining rig. My questions are:

1. From where I should buy a mining rig?
2. Is it OK if I run it only for 16-18 hours a day?
3. Should I join any mining pool? If yes, then which one?

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April 18, 2017, 04:30:25 PM
 #10

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced
Pretending to be a newbie in the world of bitcoin,but your rank tells you that you  are already old in this forum,generally speaking  i think you made a mistake instead using your new account ,you used the wrong one. Am i right?

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April 18, 2017, 05:16:06 PM
 #11

For more information about gambling you can search it on youtube and which mining hardware or software you want to use or buy and then try to mine your own bitcoin mining is where you can get bitcoins not that big but atleast you have income everyday.

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April 18, 2017, 07:00:35 PM
 #12

This video explains "What is Bitcoin mining" quite well, check it out.

https://www.youtube.com/watch?v=GmOzih6I1zs

There are more resources as well:

https://en.bitcoin.it/wiki/Mining

https://www.weusecoins.com/en/mining-guide/

http://www.coindesk.com/information/how-bitcoin-mining-works/
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April 18, 2017, 09:44:12 PM
 #13

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced
Pretending to be a newbie in the world of bitcoin,but your rank tells you that you  are already old in this forum,generally speaking  i think you made a mistake instead using your new account ,you used the wrong one. Am i right?
This is really funny, because he actually makes himself look retarded, just because he was thinking that he is logged on some newbie / low-rank account.
Woops, but that is sr.member account, what a mistake! It might get your account kicked out of signature campaining, and Im really glad if that is going to happen, because thanks to creation of this thread, we know that you are probably a spammer, or signature campaining exploiter.

It is just not possible that anyone having senior member account would not know anything about mining, look at the profile. He has 1090 posts, with only 294 activity! It is clear that this account was sold.


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pealr12
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April 19, 2017, 01:38:08 AM
 #14

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced
Pretending to be a newbie in the world of bitcoin,but your rank tells you that you  are already old in this forum,generally speaking  i think you made a mistake instead using your new account ,you used the wrong one. Am i right?
This is really funny, because he actually makes himself look retarded, just because he was thinking that he is logged on some newbie / low-rank account.
Woops, but that is sr.member account, what a mistake! It might get your account kicked out of signature campaining, and Im really glad if that is going to happen, because thanks to creation of this thread, we know that you are probably a spammer, or signature campaining exploiter.

It is just not possible that anyone having senior member account would not know anything about mining, look at the profile. He has 1090 posts, with only 294 activity! It is clear that this account was sold.
There are only 2 reason about this mistake ,one is this sr senior account was bought by a newbie or the second one ,op didnt notice that he is using his sr member account to create this topic ,

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linyhan
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April 19, 2017, 01:48:27 AM
 #15

Op should close his topic to avoid being criticize by others.and besides all of this is op's mistake  and maybe he learn something about what he did.

                             
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April 19, 2017, 05:13:40 PM
 #16

Op should close his topic to avoid being criticize by others.and besides all of this is op's mistake  and maybe he learn something about what he did.
Well, it looks like it is too late for that, we already know that @mkmanik account was sold.
I hope that the manager of TaaS signature campaining will find that thread, we need to ban such a people from every signature campainings.

It is kind of interesting that @Mkmanik has the feedback where @monbux said he is doing signature spamming, but the account is still in some payment programme, which I dont really like.
Nobody should make money on bitcointalk.org when using more than one account, or doing useless replies, just for cash from post count.


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April 20, 2017, 12:16:58 AM
 #17

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced
Pretending to be a newbie in the world of bitcoin,but your rank tells you that you  are already old in this forum,generally speaking  i think you made a mistake instead using your new account ,you used the wrong one. Am i right?
This is really funny, because he actually makes himself look retarded, just because he was thinking that he is logged on some newbie / low-rank account.
Woops, but that is sr.member account, what a mistake! It might get your account kicked out of signature campaining, and Im really glad if that is going to happen, because thanks to creation of this thread, we know that you are probably a spammer, or signature campaining exploiter.

It is just not possible that anyone having senior member account would not know anything about mining, look at the profile. He has 1090 posts, with only 294 activity! It is clear that this account was sold.
There are only 2 reason about this mistake ,one is this sr senior account was bought by a newbie or the second one ,op didnt notice that he is using his sr member account to create this topic ,
I think this account belongs to the same person. If you look at his style of writing you may notice some similarities. I won't get into details, but I'm quite sure the person who made this account is still in control. I also find it funny that he doesn't know what mining is, especially that he was interested in altcoins in the past and wrote a lot in altcoin threads. Does it mean he was buying something he had no clue about? People never stop to amaze me...

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April 20, 2017, 02:24:31 PM
 #18

Mining of Bitcoin in simple words means that a group of computers and mining hardwares generate too much hash power to solve a block (basically, should be termed as a problem or a challenge in mathematical terms) that takes place after each confirmation to run the transactions ahead, making a ledger called blockchain which keeps records of those transactions.

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October 02, 2017, 06:16:52 PM
 #19

Hello
I have no idea about mining! What is mining, and how its work?
i will lock this thread after getting the reply.
Thanks in advanced

Mining is using your power computer it is exactly ( GPU ), bigger gpu means better mining. But it is my call for this

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October 02, 2017, 09:21:15 PM
 #20

Mining of Bitcoin in simple words means that a group of computers and mining hardwares generate too much hash power to solve a block (basically, should be termed as a problem or a challenge in mathematical terms) that takes place after each confirmation to run the transactions ahead, making a ledger called blockchain which keeps records of those transactions.

If you put in simple words, mining is making money automatically using machine or hardware in with or without your computer. GPU and CPU from your computer can be used to mine. But you need a high-specifications to do that. There is also ANTMINER and ASICMINER. Those are external hardware miner, or machine that looks like black box with fan in it. But remember, not all hardware can mine Bitcoin, and not all hardware can mine Altcoins.

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