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Author Topic: Bitcoins Mining  (Read 633 times)
usman.temuri (OP)
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September 14, 2017, 11:12:26 AM
 #1

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining
mocacinno
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September 14, 2017, 11:17:42 AM
 #2

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining

Just use google and you'll find your answers:
https://en.bitcoin.it/wiki/Mining

by the way: bitcoin mining != free money printing...
At this moment, you need to invest thousands of dollars and a lot of time and effort to setup a mining operation, and if your power is to expensive you won't even break even (or worse, lose more money on power bills than you're able to generate by selling the BTC you mined)

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usman.temuri (OP)
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September 14, 2017, 11:20:02 AM
 #3

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining

Just use google and you'll find your answers:
https://en.bitcoin.it/wiki/Mining

by the way: bitcoin mining != free money printing...
At this moment, you need to invest thousands of dollars and a lot of time and effort to setup a mining operation, and if your power is to expensive you won't even break even (or worse, lose more money on power bills than you're able to generate by selling the BTC you mined)

Sorry i am little bit lazy with goolge. I need instant answer
AwpDragonPoor
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September 14, 2017, 11:31:59 AM
 #4

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining

Just use google and you'll find your answers:
https://en.bitcoin.it/wiki/Mining

by the way: bitcoin mining != free money printing...
At this moment, you need to invest thousands of dollars and a lot of time and effort to setup a mining operation, and if your power is to expensive you won't even break even (or worse, lose more money on power bills than you're able to generate by selling the BTC you mined)

Sorry i am little bit lazy with goolge. I need instant answer

if you are too lazy to do a bit of research, then btc isn't the right choice for you...
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September 14, 2017, 11:34:20 AM
 #5

https://bitcointalk.org/index.php?topic=2068519.0
here is an article. There are more contributions there. This should help clear things up for you, and there are also links to articles and videos to help you understand.
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September 14, 2017, 06:31:51 PM
 #6

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining

Just use google and you'll find your answers:
https://en.bitcoin.it/wiki/Mining

by the way: bitcoin mining != free money printing...
At this moment, you need to invest thousands of dollars and a lot of time and effort to setup a mining operation, and if your power is to expensive you won't even break even (or worse, lose more money on power bills than you're able to generate by selling the BTC you mined)

Sorry i am little bit lazy with goolge. I need instant answer

if you are too lazy to do a bit of research, then btc isn't the right choice for you...


Yes, that is true  lazy  if you are lazy
To di A little research in this project .
Means you do not want to work together
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September 21, 2017, 08:01:47 AM
 #7

If you want the best chance of recouping your investment you have to host the miners where electricity is cheapest and that is China. Sinohash is reputable and will buy the S9 miners for you and host for $42 a month per miner. The catch is they became so popular there is now a ten miner minimum. If you have 16 grand to spend that is your best option. If you only have a few hundred dollars ViaBTC cloud mining is the only cloud mining option that is worth a damn.
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September 21, 2017, 08:28:30 AM
 #8

I think doing bitcoin mining very long will produce profits. you better invest and join the bounty campaign, more profitable than mining.

carlisle1
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September 21, 2017, 08:37:11 AM
 #9

if you have a lots of money to invest with and I can that mining can be profitable for you as we really finding ways to earn inside crypto mining is also
one of those options to gain with, better to research first if whats your capacity about it and learn from the expert which will give you some guidelines.
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September 21, 2017, 08:24:44 PM
 #10

If you would like to do a mining of cryptocurrency, you should always to be aware in the last technical innovations of hardware for that. What do you think about the two new devices, produced by BitMain: G1 and G2, which developed on basis GeForce's and Radeon,s video cards?


kevin.
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September 21, 2017, 08:33:55 PM
 #11

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining

Just use google and you'll find your answers:
https://en.bitcoin.it/wiki/Mining

by the way: bitcoin mining != free money printing...
At this moment, you need to invest thousands of dollars and a lot of time and effort to setup a mining operation, and if your power is to expensive you won't even break even (or worse, lose more money on power bills than you're able to generate by selling the BTC you mined)

Sorry i am little bit lazy with goolge. I need instant answer
You're too lazy to Google yet you're not lazy enough to create a thread that has been made a thousand times before so as to have the answer spoonfed to you?
Sorry bud but Bitcoin mining isn't really for you.
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September 21, 2017, 09:29:32 PM
 #12

There is no full tutorial on youtube to understand his, a friend advice? get away from it, look for other money, better, much better than mining ..

 
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September 21, 2017, 09:31:28 PM
 #13

Only huge companies are mining btc right now.

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September 21, 2017, 09:37:09 PM
 #14

Yes you heard it right you can earn alot of bitcoins and fiats in bitcoin/cryptocurrency mining but before you earn that good amount of money you will throw away and spent a big amount of money before starting mining

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September 21, 2017, 09:37:29 PM
 #15

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining


I doubt that, I dont really like mining. because very much money I spend, and its uncertain endurance. I prefer investing and trading, more real and more easily understood.

if you want to start mining, you haveur has a large enough capital for it.
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September 21, 2017, 09:43:03 PM
 #16

i also want to try for bitcoin mining, for now i am still looking for references for hardwere used and how much capital to start mining bitcoin. according to info from my friend who has been mining bitcoin, need big capital to start mining bictcoin. so for now I am still the process of raising capital to make hardwere for bitcoin mining.
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September 22, 2017, 05:13:18 AM
 #17

Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
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September 22, 2017, 05:26:53 AM
 #18

A profitable mining venture can only be obtained if you invest in ASIC chips. An application-specific integrated circuit (abbreviated as ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware, ASICs were the next step of development after CPUs, GPUs and FPGAs.

The difficulty in Bitcoin mining, made mining with a GPU or CPU's obsolete, because people only mine Bitcoin now with these ASIC chips. 

These ASIC's are expensive and it takes a lot longer to get a return on your investment, so you will have to make sure that you do your calculations before you start with Bitcoin mining. ^hmmmmmm^

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September 22, 2017, 06:54:42 AM
 #19

Hello I'd like to know about bitcoins Mining. I heard we can earn a lot with Mining. What is mining ? and what required to start Bitcoins mining
Alas, but for ordinary people do not have sufficient number of zeros in my Bank account, bitcoin mining not profitable.

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September 22, 2017, 06:57:36 AM
 #20

Bıtcoin mining simply is taking next block candidate's sha256 hash and comparing it with target number(sha256 hash).if next candidate block's hash is lower than target hash .. candidate block becomes part of chain and miner earns reward from coinbase (currently 12.5 BTC)
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