I want to start mining bitcoin,please help

[poizonbhai]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

[1715631286]

1715631286

[Wusolini]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

Most efficient is Antminer S9. So bitmain should be one of your first stops.

[Jannn]

Which miner is most profitable now??

As for now ASIC miner is the best rig to mine Bitcoin.

Where should I start??

First of all just know how Bitcoin mining works , this article help you a lot in Bitcoin mining : https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/
Hope that helps .

[RafaelM7]

Good night from Venezuela. Please, I'm new to this by looking for a job online. Some advice or pages that pay well, thank you.

[Marco Ambrusini]

i suppose you also need a very good vga compatible for mining, 8gb and above

[helloeverybody]

If your mining from home then unless you have very cheap/free electricity then its not really worth it mining bitcoin. Even if you have free electricity then your probably still more profitable mining an altcoin using gpus rather than asics. As far as im aware home mining for bitcoin isnt something that anyone would do unless they already have the hardware or mining on a large scale. Better still you might be better off just using the money you were going to invest into mining into bitcoin instead.

Maybe not the advice you would want but unfortunately that's the way it is now.

[salihno71]

You can check the cloud mining like https://www.genesis-mining.com Make sure to do your research before investing.

[dlhezter]

Which miner is most profitable now??

As for now ASIC miner is the best rig to mine Bitcoin.

Where should I start??

First of all just know how Bitcoin mining works , this article help you a lot in Bitcoin mining : https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/
Hope that helps .

thanks for the link sir. very informative. i just started reading of this, and somehow i didnt understand just because im a newbie but further more i will learn a lot for this.

[TaKlarPH]

Base on what I studied mining need a GPU the video card of the CPU and you need more than one to earn in 6 months plus it will cost you your electric bill nore than ever. So goodluck

[nikoluz123]

Hi guys, since we are on the topic, do you think selling hashing power in nicehash and other platforms better tham actually mining bitcoins? In terms of power consumption is this a cheaper alternative that pays more?

[BitMaxz]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

Bitcoin mining honestly need hardware like a bitmain bitcoin miner.. it is not just like you can mine bitcoin with your computer..
You need to buy s9 miner which is a hardware faster to mine with bitcoin..
If you don't have any budget to buy a miner better to mine with altcoin that you can convert into bitcoin build your own rig good gpu and cpu and mine with high specs gpu and cpu that can gives you a good profit..

[HKGolden]

Don't really think minning is profitable nowaday.
I think it may better to use your money buying BTC directly i/o those equipment.

[coin@coin]

Don't really think minning is profitable nowaday.
I think it may better to use your money buying BTC directly i/o those equipment.

I tend to agree, be careful where you spend your money. Cloud mining doesn't sound too good either.

You can have a go at mining altcoins but also be careful and choose properly.

[HKGolden]

Don't really think minning is profitable nowaday.
I think it may better to use your money buying BTC directly i/o those equipment.

I tend to agree, be careful where you spend your money. Cloud mining doesn't sound too good either.

You can have a go at mining altcoins but also be careful and choose properly.

Yes...better keep away from Cloud Mining.
Don't think you can earn much in Cloud Mining unless you can build some good ref,
and the main point is there are so many 'Scam Cloud Mining' too.

[Drixy]

Don't really think minning is profitable nowaday.
I think it may better to use your money buying BTC directly i/o those equipment.

I tend to agree, be careful where you spend your money. Cloud mining doesn't sound too good either.

You can have a go at mining altcoins but also be careful and choose properly.

Yes...better keep away from Cloud Mining.
Don't think you can earn much in Cloud Mining unless you can build some good ref,
and the main point is there are so many 'Scam Cloud Mining' too.

yea becareful theres so many scam scheme in faucets,trading,investing,etc you may want to ask for more infos about on what want to do or get search briefly and find some leads on what are you searching for i might be better if you stay cautious

[Mink1993]

I guess it’s all about doing a good enough market research. I can’t tell you exactly where would be the best eBay site to buy the miner from as there are too many variables (shipping cost, merchant reputation, does the merchant ship to your country, etc)Just go to any mining calculator and check your profit.

[jmaresca]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

An Antminer 9 and a power supply to run it. The Antminer will
Cost around $2700 and the power supply will cost $150. Then there will be the monthly cost of electricity which will be roughly $90 per month. Keep in mind that the Antminer 9 is loud so if you get one and use it make sure you place the hardware in a location that won't disturb you. Especially at night when you are sleeping. There are also USB miners but I am not sure if they are powerful enough with the current level of difficulty or
If they even work but you want want to look into them too.

[jmaresca]

I guess it’s all about doing a good enough market research. I can’t tell you exactly where would be the best eBay site to buy the miner from as there are too many variables (shipping cost, merchant reputation, does the merchant ship to your country, etc)Just go to any mining calculator and check your profit.

He would be able to get it from the Antminer website.

[salihno71]

You can check the cloud mining like https://www.genesis-mining.com Make sure to do your research before investing.

Forget about Genesis at least for now. It seems that they're skipping some payments. Check the following thread:
https://bitcointalk.org/index.php?topic=2139003.0

[tamalweb]

Bitcoin mining is out of reach for regular home users. So you better mine other alternative currencies and then can exchange them for Bitcoin.

Also cloud mining is also a loss. Because the difficulty will keep increasing everyday. Better you purchase some coins and hold them for few years.

[cucuadam]

many places to start bitcoin mining but must be careful to choose good and guaranteed

[Vod]

many places to start bitcoin mining but must be careful to choose good and guaranteed

Any "place" is a scam.  If you could make a profit off of mining with them, why wouldn't they just mine for themselves?

The only way to make coin with bitcoin mining is to join a mining pool.

[Wipro]

You can check the cloud mining like https://www.genesis-mining.com Make sure to do your research before investing.

Forget about Genesis at least for now. It seems that they're skipping some payments. Check the following thread:
https://bitcointalk.org/index.php?topic=2139003.0

Genesis or any other cloud mining will never suits newbie who wish to start mining as their platform. This thread link or the above link he shared also will not help him much.
He need to learn about mining and how to put a set up in home first and has to buy a higher end miner, power supply rig and cords to get a profit every time.

[Lampaster]

For beginners I do not recommend the use of cloud mining. They are almost all crooks. Best to start with hashing on the GPU, and gradually increase the tempo. When you know all the details of this business you can make more expensive purchases of the equipment and to increase production.

[Glory90]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

if you want to mine bitcoin, in my opinion the current popular is Antminer S9

Which miner is most profitable now?

for now, I think GPU mining is more profitable
to start you should do research on capital, electricity costs, mining results, etc.

[carlisle1]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

if you want to mine bitcoin, in my opinion the current popular is Antminer S9

Which miner is most profitable now?

for now, I think GPU mining is more profitable
to start you should do research on capital, electricity costs, mining results, etc.

first thing first and it should be consider as  we knew inside mining current electricity cost is the big factors then the rigs and the coins since bitcoin
difficulty is really affecting the earnings you should also invest with your knowledge so you can choose what is much better to mined with.

[Glory90]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

if you want to mine bitcoin, in my opinion the current popular is Antminer S9

Which miner is most profitable now?

for now, I think GPU mining is more profitable
to start you should do research on capital, electricity costs, mining results, etc.

first thing first and it should be consider as  we knew inside mining current electricity cost is the big factors then the rigs and the coins since bitcoin
difficulty is really affecting the earnings you should also invest with your knowledge so you can choose what is much better to mined with.

I agree with your opinion sir,

difficulty is affecting earnings, therefore knowledge and experience is needed to determine which is the best to be mined

[UAdrian]

I had a rig before with 4 1080ti, but now is not really profitabile, you should Invest in bitcoin or maybe just get a good sources where to get cheap GPU and sell them, anyway don't go on mining bitcoin, better head for altcoin on nicehash or another site, just be careful to don't get scam. You can make your own calculation on the price of gpu's and electricity. Anyway good Luck. 

[lofongi]

You can try cloud mining
https://hashflare.io/r/A912149C

here you get profit every day

[farhansadik]

Its totally depends on your Budget
you can start with antminer s9 (the price of s9 is around 2700-3000 USD)
You can use youtube & Google to learn the use of instruments.

If you haven not Enough Budget then You can focus on Alternative Coins
For Alt coin mining you need to buy GPU, It is Also Profitable.

you can be find some opportunity like cloud mining and Usb mining  but that's not profitable, most of them are totally useless and profitless.

[supandi wiharja]

I myself need help from someone with experience in mining,i am confused where to start.
As a beginner, maybe i should learn a lot about mining, because i have not done it yet.
Little,i know that mining is processed using a graphics card (GPU) and the rest i do not understand.

[NotFuzzyWarm]

I myself need help from someone with experience in mining,i am confused where to start.
As a beginner, maybe i should learn a lot about mining, because i have not done it yet.
Little,i know that mining is processed using a graphics card (GPU) and the rest i do not understand.

Start with Bitcoin Mining 101
Bitcoin mining uses only ASIC-based miners. Rising difficulty made GPU's useless for mining BTC a few years ago.
GPU's are only usable for mining altcoins such as Eth.

[oxidbtc]

Dear members.

I would like to share with you a very important information for the time. I have found an online-shop called selling Antminer Equipment and the best thing is that they are shipping same day. I have also contacted them over the phone and everything seems to be perfect. I just placed an order of 5 D3 with POWS with them and paid via BTC. For NON-EU countries they are offering a lower export invoice in order to have low taxes as well.

Webpage is https://antminer-see.com/
This US company based and registered as well in UK.
Same day shipping , SSL Certified and so on.


Yours
Oxid Btc 

[Cookies_N_Cream]

If your mining from home then unless you have very cheap/free electricity then its not really worth it mining bitcoin. Even if you have free electricity then your probably still more profitable mining an altcoin using gpus rather than asics. As far as im aware home mining for bitcoin isnt something that anyone would do unless they already have the hardware or mining on a large scale. Better still you might be better off just using the money you were going to invest into mining into bitcoin instead.

Maybe not the advice you would want but unfortunately that's the way it is now.

I agree. I think the difficulty in mining nowadays is higher than in the past years so you really need to think twice before investing in mining rigs. My friends and I had been thinking of building a rig two months ago but since we can't really afford a setup of atleast 6 GPUs we turned into buying and holding coins instead.

[crisdean]

I'd say 2 Antminer S9 would be a good start if you can afford it. That should see you returning some profit if the electricity isn't too high at your country.

Of course I'd use cryptocompare or better coinwarz to check this.

P.S I said two because that's what I'd do. The difficulty went up and you want to make sure you mine more profit even if the difficulty gets up higher than it went up a few days ago.

[mahendra-13]

What alternative currency can be mined?

[thepanicpoint]

if you think collect mine and accumulate btc and waiting for the price increasing, you can buy btc and save them, its more easy and profitable.

[khaled0111]

In these days, mining bitcoin needs alot of money to invest to but appropriat matetial. Hashing rates are to high and it's too hard to mine BTC or other cryptocurrency unless you use hardwares with high performance witch are so expencive.
If you are willing to buy such hardware, you have to find the  best combination between price, hashrate and electricity needed to run your rigs.

[MiningMaik96]

Hi guys,

me and some colleagues thought of start mining...

The problem is to find information about how much money you can gain...

Lets think we will get 10 ANTMINER S9 which is making 14 TH/s... how much money can you make with that per day?

i just found a site coinwarz.com/cryptocurrency - if i type in 14 TH/s at the column "X11" the daily revenue is really high... is this correct?

Attached you will find a screenshot of it..

http://www.filedropper.com/2017-09-07142849-cryptocurrencyminingvsbitcoinminingprofitabilitycoinwarz

Thank you for your help!
Maik

[arayde]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

Nice question,  because I want this question to 

[flower1024]

In these days, mining bitcoin needs alot of money to invest to but appropriat matetial. Hashing rates are to high and it's too hard to mine BTC or other cryptocurrency unless you use hardwares with high performance witch are so expencive.
If you are willing to buy such hardware, you have to find the  best combination between price, hashrate and electricity needed to run your rigs.

Mining alt coins are ok we can manage, but mining Bitcoins is tough I am not sure how many months it will take to mine 1 bitcoin. I also thought this but it is expensive for the individual I can't bear that money, so I quit. And bought few GPU and started altcoin mining. According to my recent experience Investing is best to compare Mining.

[Bobsrepair]

I wouldn't recommend mining bitcoins. It is extremely difficult to be profitable. I would mine ALT coins. Also, look into your electricity prices before you start your project. I am from Nevada and our electricity is relatively cheap compared to other states.

p.s Don't do cloud mining to many scams.

[CryptoAdd]

I want to start mining too what should i Do ?

[NotFuzzyWarm]

I want to start mining too what should i Do ?

First read the top sticky posted in this section Bitcoin Mining 101

It applies to mining both Bitcoin and the various altcoins. On that note Bitcoin is a SPECIFIC COIN and not a general term for all crypto coins! Those others fall under the general family of altcoins. The Forum section for altcoins is here.

2nd is decide what you want to mine: Bitcoin or an altcoin.

If a coin strikes your fancy and:
  IF you have enough - and inexpensive - power available
and
  IF you have a place to put the miners where their massive heat and noise are not a problem, then go for it.

[posternat]

Cloud mining is designed to overcome that by providing a higher return to the cloud owner and not to the client and mining in an individual space is going to be the same. The closest that you could get is with free power and that is not going to work for long.

[JohnBitCo]

There is no way that you can start mining Bitcoins and make a profit. Whatever method that you use is going to cost more than the resulting return. Electricity cost is much more than the output, thats why only minning farms are only good option for minning.

[mammoniter]

First you'll need to acquire Custom Bitcoin ASIC chips which greater performance compared to older systems which will help you to dominate the Bitcoin mining industry. It will be very expensive as they say fortunes favors the brave. 

[valucash]

The way to go will be to look for an altcoin to mine, it is no longer profitable for an individual  to mine bitcoin. Sorry!

[expertofexperts]

Most people says its not profitable anymore but still i have seen many entering in this business now and getting good outcome. I have heard about genesis mining,. sorry havent tried but one my friends is using it..

[raymart0720]

ant miner or asic..
you will download a specific software that is joined in a particular pool where you and others will solve the problem..
beware of other phishing and scams there are lot of them now.
another is you need to consider the electricity consumption although the specific hardware to mine BTC is low power hunger by time you will see.

[WatchMaker]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

The best place to start bitcoin mining for a beginner is Genesis mining.
The most profitable minings are Bitcoin and Dash, currently on Genesis mining.
For tutorial on how to start mining instantly, Go to "Genesis mining" YouTube channel you can find everything you need to get you started.

[ramyon]

For those of you who do not understand about mining system in bitcoin where the hell is the way here is going to guide for bitcoin mining and what should be in need?

[Adioliver]

To start bitcoin mining make sure that u get cheap electricity or else u will be in loss.
Try an antiminer or GPU's for bitcoin mining

[JCNC]

Man,forget about it, it is not profitable to mine bitcoin unles you have enough plutonium at your own AES. Try to mine cheap altcoins like Renos.

[AngelSky]

Man,forget about it, it is not profitable to mine bitcoin unles you have enough plutonium at your own AES. Try to mine cheap altcoins like Renos.

Ya for being a starter in mining ,you may mine low value altcoin such as Reno's,ETH,local coins.At first if you loss this coins means Their will not be such different. Which I am saying is the loss will be comparatively very.Once you cleared with Mining concept and technology means,you may start to do mine Bitcoin. Use Solar Mining it's the best one as of my knowledge.

[NotFuzzyWarm]

And once seriously considering mining of any sort to actually MAKE money, 1st read Bitcoin Mining 101 Post #1 applies to ANY mining operation be it BTC or (aside from the GPU bit) alts.

If you can cover those 5 points given then MINE ON!
If they are a problem - seriously rethink your plan...

[Philopolymath]

Ok no more help until he promises to do more reading on his own......

[keycellko]

I also wanted to start mining. I have a friend who's been into mining and i asked her all about it and she just told me "its complicated". She said we need to understand bitcoin deeply if we want to go start mining. So i decided to park that thought and maybe someday i'll understand how it works.

[Aleister Crowley]

it will not be profitable today if you start mining alone, there you will find a lot of problems and just waste time when you start mining with the methods that apply, because there you will only lose a lot of money and will not get any results ..

[DimaPechka]

It is much more profitable to mine not bitcoin but altcoins like Etherium

[ItsCrafty]

Hi guys,

me and some colleagues thought of start mining...

The problem is to find information about how much money you can gain...

Lets think we will get 10 ANTMINER S9 which is making 14 TH/s... how much money can you make with that per day?

i just found a site coinwarz.com/cryptocurrency - if i type in 14 TH/s at the column "X11" the daily revenue is really high... is this correct?

Attached you will find a screenshot of it..

http://www.filedropper.com/2017-09-07142849-cryptocurrencyminingvsbitcoinminingprofitabilitycoinwarz

Thank you for your help!
Maik

You need to learn more about crypto algos. The Antminer S9 is for SHA-256 algo. That means it can only be used for bitcoin or bitcoin-like currencies. Not the x11 algo currencies like Dash.

[CoolSkeleton]

what will happend first: comp will breaks down or u will get anoth money to buy new comp?

[asciii]

if you happen to have a pc with high end gpu..try nicehash..its easy to set it up and get it running

[poizonbhai]

Hello Everyone..thank you so much for your comments and help..I have some money in hand and I am thinking to buy antminer s9 .. Should I go for it guys??

[Moonmanmun]

Ive been looking for some miners on craigslist.  has aynone boughten miners from there?

[Fritz93]

I use the Nicehash application for mining. Maybe you like such a variant. try to google this question.

[JM99]

thanks for sharing.

[rockyram]

You should get an Antminer S9. Use this guide to set it up. I used it and its great
https://bitcoinboy.blog/2017/08/17/how-to-set-up-antminer-s9/

Yes .Even I had tried Antminer S9.It's a profitable one.You can blindly get into this S9.O had earning lot of bitcoin from that S9 Mining. But you should use Solar panels for Electricity to get more profit from that Mining. Even you can try any altcoin like ETH and lite coin in S9 Miner.

[Jarixx]

You should check altcoins too. They are more profitable at the moment. You can use nvidia and amd graphics cards for altcoins.

[Eternu]

All depends how much money you have? If you want to mine with your personal computer, than I would suggest to forget about mining Bitcoin. It is not efficient enough, you would use more electrical power than you  could mine. But if you have money and want to invest in mining equipment, I can suggest Antminer S9. Didn't use it my self, but I heard they are good. One more thing, before you do anything, think and check things twice. Learn everything you can. Good luck!

[lady Royal]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

What you want to mine Bitcoins or Altcoins?

Bitcoin mining is really expensive right now you should mine some altcoin which can give you profit.

You should visit Bitmain website and find the best miner for you which is in budget for you. What is the price of electricity in your Country? Electricity price really matters.

[Thanasis]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

What you want to mine Bitcoins or Altcoins?

Bitcoin mining is really expensive right now you should mine some altcoin which can give you profit.

You should visit Bitmain website and find the best miner for you which is in budget for you. What is the price of electricity in your Country? Electricity price really matters.

Bitcoin mining is very expensive and also now the competition for mining bitcoin becomes very tough you need very high powered gpu even that can't give you that much profits.Altcoin is mining will give you more profit when compared to bitcoin.In my thought monero is one of the best altcoin which gives decent profit.And most important thing in mining is electricity cost of your country,your profit is mainly based on electricity cost.If you born in a country where the electricity is cheap then you are very lucky you can earn much profit.Best of luck.

[bnkenz]

Where is the best place to look for available space to lease for bitcoin mining operations? website or forum?

[Wusolini]

Where is the best place to look for available space to lease for bitcoin mining operations? website or forum?

this thread is pretty good. https://bitcointalk.org/index.php?topic=622998.0

But have to say most hostings are full. You hardly find some free space.

[rhamzter]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

What you want to mine Bitcoins or Altcoins?

Bitcoin mining is really expensive right now you should mine some altcoin which can give you profit.

You should visit Bitmain website and find the best miner for you which is in budget for you. What is the price of electricity in your Country? Electricity price really matters.

Bitcoin mining is very expensive and also now the competition for mining bitcoin becomes very tough you need very high powered gpu even that can't give you that much profits.Altcoin is mining will give you more profit when compared to bitcoin.In my thought monero is one of the best altcoin which gives decent profit.And most important thing in mining is electricity cost of your country,your profit is mainly based on electricity cost.If you born in a country where the electricity is cheap then you are very lucky you can earn much profit.Best of luck.

Your right sir mining is very expensive, but you can surely earn profit using this. Maybe you just need high amount to start mining, because if you started in low cost of capital you can't earn income immediately. Therefore if you start in high amount capital maybe after 6 months you can rapidly recovered your investment.

[amla]

Every coin has different type of mining like altcoin mining is different from bitcoin. Altcoin mining is very easy then bitcoin mining. If you want to mine bitcoin you need a deep knowledge about that and you also need a lot of investment then you will be able to do that.

[Idrisu]

I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...

Before you go into mining you have to seat down first and count your cost and plan. Most people are converting from bitcoin mining now to altcoins mining. with little investment you can start mining altcoins but you need huge capital to start mining bitcoin. Outside tools and software you will need to caculate your electrical consumption in other to know if you will make profits. You can learn everything about bitcoin mining : https://www.coindesk.com/information/how-bitcoin-mining-works/

[chineseprancing]

If you want to start mining you just need to have a lot of money for capital, because mining is a good investment. However the problem is how long mining sites or mining tools will runs in bitcoin community. Otherwise many miners are consistently doing this because they believe is a good opportunity to them, but it was consuming a high voltage of electricity to our house.

[poizonbhai]

I have ordered antminer s9 and I will get it on 30th December approximately .. I hope I can make profit Thank you so much everyone for your suggestions and help..I will update you after receiving,setting and running the miner .. see you guys soon

[Wong Gendheng]

The first thing we have to do before mining is to calculate all costs, where my highest cost is electricity, I've been mining with 3 units S5 from Bitmain when it's still easy to mining because there's no halving day. but after halving day I left because it was not profitable.