I want to start mining bitcoin,please help

[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.