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ruskytailz02 (OP)
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July 27, 2017, 09:50:05 AM |
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Earlier i;m getting used to BTC. But the thing is, It's taking longer than I expected. I know that this requires patience but is there any other way to mine BTC in easier and fastest way??  |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Taras
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July 27, 2017, 11:15:43 AM |
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Are you mining right now? What kind of equipment are you using? And are you in a pool?
Mining is a very, very intensive process and if you do it by yourself you may never get anything. However, if you join a mining pool, you work together with thousands of other miners, and when they get a block of bitcoins, they all split it amongst themselves according to how much they contributed. It is a much better method for small miners than going solo.
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ruskytailz02 (OP)
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July 27, 2017, 11:54:20 AM |
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Im not using the pool and my equipment is kinda low( just a 4gb, i3-4005u and 1.7ghz.) And im kinda new in this stuff so forgive me . Well is there any other way than that? |
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MoonWhale
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July 27, 2017, 04:34:52 PM |
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You are best not to try to mine BTC. Try mining scrypt instead. You will make more money that way.
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wealthium
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July 27, 2017, 04:44:08 PM |
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Try to join a pool. Also, be aware of having the electricity cost > your bitcoin return.
If you expect bitcoin price will raise, probably it is easier for you to buy some in exchange.
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Taras
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Please do not PM me loan requests!
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July 27, 2017, 08:36:48 PM |
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With that kind of equipment, I'm sorry, but you will probably never get anything at all if you mine by yourself! Join a mining pool such as slush pool and you will actually get some small amounts of bitcoin. However it may still take quite a long time before your earnings are anything sizeable.
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xbugitox
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July 27, 2017, 10:03:50 PM |
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I think it's not start to mine using your personal computers nowadays. But if you do have some cash to build a mining rig then go for it.
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neutronmailer
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July 27, 2017, 10:24:45 PM |
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Best way to get some btc from your machine would be to mine some XMR, then convert at an exchange.
But it would take like a month, and you have to be careful with losing it all in tx fees!!
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john2231
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July 27, 2017, 11:05:22 PM |
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If you are just using pc you can't mine bitcoin to mine bitcoin you need a hardware which is compatible to mine bitcoin.. like bitmain ant miner s9 which is only good miner for bitcoin.. but there are alternative that you can earn bitcoin with your pc if you have a good specs for gpu and cpu you can mine altcoin which is you can convert in bitcoin.. Here s the altcoin mining section where you can see the tools to mine altcoin https://bitcointalk.org/index.php?board=160.0 Save the altcoin and sell it with high price so that you can earn a good amount of bitcoin.. |
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Hoho29
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HalommmmE is my LOVE
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July 28, 2017, 04:09:33 PM |
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If you are just using pc you can't mine bitcoin to mine bitcoin you need a hardware which is compatible to mine bitcoin.. like bitmain ant miner s9 which is only good miner for bitcoin.. but there are alternative that you can earn bitcoin with your pc if you have a good specs for gpu and cpu you can mine altcoin which is you can convert in bitcoin.. Here s the altcoin mining section where you can see the tools to mine altcoin https://bitcointalk.org/index.php?board=160.0 Save the altcoin and sell it with high price so that you can earn a good amount of bitcoin.. Thank you for the good advise i am going to try alternative coins mining to earn some bitcoin .my question how much to earn by mining alt coin equivalent in usd or bitcoin ? . |
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yslyv
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July 29, 2017, 09:12:57 AM |
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If you are a beginner maybe you should mine altcoins instead of bitcoin. Because bitcoin mining is harder and more expensive. You can start gpu mining instead. You can start to build a small rig to understand how to do.
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turn the page
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neolite
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July 29, 2017, 10:41:03 AM |
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If you want to mine bitcoin you need to buy a asic miner price is about 1500 usd but is not reliable if you does not have free energy. You can try new altcoins to mine with your own pc.
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aizen10
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July 29, 2017, 11:08:34 AM |
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there is no easiest way to mine a BTC as long as you dont have these.
1.(enough money) not too much.
A.to build a better computer to mine a BITCOIN.
B.to pay for electricity bills
2.Patience.
If you want to mine a BTC you have to be patient or you need buy some more TIME to wait to have a better result when you are minning.
other than that there are some risk if you mine without lock of knowledge on how to or when to.
i suggest that, try to hear other folks comments before, join a POOL or even try to a TRADE, or join to signature campaign here in forum just to have or to be paid a Bitcoin. and thats the easiest way to have, nor to mine.
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Watanabe1505
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July 30, 2017, 10:38:05 AM |
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If you are new to come in cryptocurrency and want to earn Bitcoin I advise you throw out your thought "mine BTC in easiest way". Because so far, Bitcoin network is running with very high hashrate and high difficulty to mine and you must use specialized equipment to do that. Instead, you should take time for trading to altcoin by small amount of BTC ( You can easily deposit USD to buy small BTC via credible exchanges such as Bittrex,Poloniex,Livecoin...etc.. ). It might save more your time to earn BTC than mining.
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jk_14
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July 30, 2017, 12:14:21 PM |
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Definitely don't mine Bitcoin. It's not profitable enough for "small fishes".
Altcoins are only worth it if you have a decent amount of money to invest and/or extremely low electricity prices (substantially lower than 10 cents per KWH).
If you do start mining, you need to consider the following in your calculations:
- Tax can be substantial and up to 60% depending on the country that you live in.
- Difficulty increase by a lot, this will also eat a good amount of your profit over time.
- Electricity prices are no joke and most people can not mine profitably due to this factor alone.
- Rent for a hall in which you can park your rigs.
Basically, mining is only really worth your time and money if you can blow at least 30-50k USD into hardware, electricity and rent. You can't set up that much hardware at home without frying your grid, so you would need to rent extra space for your rigs.
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johnextman852
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July 30, 2017, 01:53:44 PM |
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how to earn in a signature campaign?
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Velkro
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July 30, 2017, 02:15:14 PM |
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With that kind of equipment, I'm sorry, but you will probably never get anything at all if you mine by yourself!
This, you have like 0,000000001% chance to mine a 12,5 BTC. Its like winning a lottery  , but you can try! |
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pacifista
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July 30, 2017, 02:28:23 PM |
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Earlier i;m getting used to BTC. But the thing is, It's taking longer than I expected. I know that this requires patience but is there any other way to mine BTC in easier and fastest way?? Mining on your pc is not worth it if your electricity is not free, you already lost when you mine on your computer ,the profit that you earn is not even enough to pay your electricity bill. |
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Mink1993
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August 01, 2017, 08:28:47 PM |
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Mining bitcoin has become a profitable business, in the hands of specialist miners which have devoted substantial cash in facilities.Right now, even 40 Processor chips are not really worth mining for. So i think it is not very easy unless you join some pool mining. If you do alone, your current power usage will definitely cost far more than the coins you get, furthermore becoming next to almost nothing.
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Smarty14392
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August 02, 2017, 04:51:59 AM |
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You can always find suitable answer on google or youtube. You wont understand much here just by reading.
Mining can be done via CPU/GPU/ASIC miners. ASIC is the most profitable one and CPU is the most cheapest one. If you need good daily profit go for ASIC miners. There are also many company selling their hashpower commonly known as genesis mining or cloud mining. They are usually scam sp stay far from them untill official notice is released
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