superhelper (OP)
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July 13, 2017, 01:24:33 AM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
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Smarty14392
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July 13, 2017, 03:37:00 AM |
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Bitcoin mining requires a lot skillsand also some investment. The more you invest in proper hardware, the more profit you will get. Bitcoin can be mined on these miners- ASIC, GPU, CPU. Asic miners will give you a really good profit as compared to GPU miners whereas CPU miners are just a waste of time. They cant give good profits and also the Electricity bill is more then the coins mined.
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BCTalkaccountforsale
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July 13, 2017, 03:43:58 AM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
To get bitcoin to learn about it is also an important part, the rest you have to be smart to be able to exploit bitcoin, you can invest in bitcoin and profit from high bitcoin gains or you have to business services.
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Golftech
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July 13, 2017, 03:55:04 AM |
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better to buy and hold instead since the cost of the system unit that you will be needed is good enough to use to buy and work with trading and if possible kindly use this forum to learn more about your concern we do have mining section here try to read more inside that discussion thread.
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ebliever
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July 13, 2017, 04:00:13 AM |
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Luke 12:15-21
Ephesians 2:8-9
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HabBear
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July 13, 2017, 05:11:17 AM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
The knowledge is out there, you just need to find it. Bitcoin Mining 101 - Just the basicsThat thread was found in the Mining board on this Forum.
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jekjekman
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July 13, 2017, 05:54:19 AM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
Sorry for what I am gonna say but mining bitcoin nowadays at your home will not make you profit at all because buying the good hardware right now will cost you a big investment that the return of investment is so long or maybe nothing at all because of the electricity cost that will cost you. Better research some other altcoins that has more potential in mining at your home more than bitcoin, just keep on mind that mining today needs a lot of patience, knowledge and money.
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Kakmakr
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July 13, 2017, 06:17:13 AM |
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Before you get into Bitcoin mining, you should know that it is not viable for people to even attempt to mine Bitcoin without investing into ASIC chips. These are specialized computer chips that are used specifically to mine bitcoins and it is very expensive. You will also be competing with Chinese miners < Mining Farms > that are paying next to nothing for electricity. All is not lost, because people are using their GPU's to mine Alt coins < not Bitcoin > and then they are selling that to buy bitcoins. ^smile^
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iram3130
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July 13, 2017, 06:42:29 AM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
Sorry for what I am gonna say but mining bitcoin nowadays at your home will not make you profit at all because buying the good hardware right now will cost you a big investment that the return of investment is so long or maybe nothing at all because of the electricity cost that will cost you. Better research some other altcoins that has more potential in mining at your home more than bitcoin, just keep on mind that mining today needs a lot of patience, knowledge and money. It's best to mine altcoins which you feel potential of a future rather than try and wasting your time in Bitcoin mining. With the electricity rates and the price of miners, the ROI will be a year or two. Some altcoins are profitable yet, so mining them would be better.
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maokoto
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July 13, 2017, 06:53:08 AM |
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Some people keep their attention on new altcoin announcements. As soon as a new coin appears, they mine it quickly and sell them for btc. This probably is more profitable than just mining bitcoin directly. Unless you have many dollars to spend on hardware.
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ipanks
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July 13, 2017, 07:02:41 AM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
in the past, i only use one way to mine bitcoin which is using gridseed. gridseed can mine for sha-256 and scrypt so i have two option for mining. because sha-256 and scrypt have many coins, i choose to mine litecoin and in that time, i can have much in a day. but unfortunately, because one of gridseed machine is damage, i decide to stop mining until now. maybe later if i have more money, i will buy some vga card and makes mini rig to start mining again.
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Hung_Daddy
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July 19, 2017, 05:10:28 PM |
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I just hook up all of my GPUs to my laptop
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hahay
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July 19, 2017, 05:23:27 PM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
There are many ways and places to mine bitcoin, but if you do not have much free time better you buying bitcoin now and save bitcoin for a long time. You can also invest or trade if you want.
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SvenBomvolen
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July 19, 2017, 05:30:46 PM |
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I recommend you to search the ansver on mining section on the forum, only there you can find all the necessary information about mining. Good luck!
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~Bitcoin~
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July 19, 2017, 05:35:01 PM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
If you can't buy hardware miners like antminer s9 or similar one than you shouldn't dream about earning from bitcoin mining. Even though if you can afford those miners but electricity is quite expensive in your country than you shouldn't mine bitcoins, you might not even earn enough bitcoin to cover your running cost.
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gkv9
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!!! RiSe aBovE ThE StoRm !!!
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July 19, 2017, 06:13:23 PM |
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I know what is Bitcoin but I don't know How to mine it? Please explain me!
If you can't buy hardware miners like antminer s9 or similar one than you shouldn't dream about earning from bitcoin mining. Even though if you can afford those miners but electricity is quite expensive in your country than you shouldn't mine bitcoins, you might not even earn enough bitcoin to cover your running cost. It's probably not true here as I think that it seems disgraceful when we say that it's impossible to earn through mining knowing that the miners are the ones who vitalize the whole network through their energy-efficient hardware... They must absolutely not be doing it just for fun, but could be making something at least... Even if electricity is somewhat expensive at some places, I have seen a few miners nowadays who are still making profits after ROI'ing after 9 months of hard work... This completely depends upon the mentality of a miner how they think they will be making money out of this, but yes the value seems to be making it completely fair for miners and could even go higher after scaling issues are solved completely...
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Rinaze
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July 19, 2017, 06:43:17 PM |
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You could also sell both your CPU / GPU hash power at NiceHash and get payout in BTC. Profitability depends on your rig and electricity bills!
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BIG Tyrese
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October 27, 2017, 04:47:39 PM |
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Bitcoin mining is only profitable if you can get electricity very cheap. The investment for each miner will set you back about 10k too.
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ghost424
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October 27, 2017, 05:00:33 PM |
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There are many ways to mine a bitcoin, but before mining, you have to consider a lot of things. First is how long do you want to mine for a single day, second is, will mining be efficient to pay electric bills that you are using for mining. You must also have a proper mining rig, which can take the heat of being opened at a long time.
Mining bitcoin is easy, you can use Coinpot to mine some bitcoins and other alt coins. You can also use Faucets to receive bulk satoshis at a given time.
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anwar35
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October 27, 2017, 05:04:08 PM |
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indeed how to do?
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