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Adioliver (OP)
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September 17, 2017, 08:53:43 AM |
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Hello guys,I am new to bitcoins and I would like to know how to mine the same.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Lieldoryn
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September 17, 2017, 09:07:21 AM |
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The forum has a special section devoted to mining. There you go. I will only say that it is only at first glance seems easy. In fact, you need to have knowledge of how to set up the equipment where it is profitable to sell the coins and many many more different aspects.
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Adioliver (OP)
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September 17, 2017, 11:42:56 AM |
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The forum has a special section devoted to mining. There you go. I will only say that it is only at first glance seems easy. In fact, you need to have knowledge of how to set up the equipment where it is profitable to sell the coins and many many more different aspects.
Thanks Friend your reply is appreciated. |
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kucritt
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September 17, 2017, 11:45:54 AM |
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The first thing that you prepare if you want to start minining is mining rig, its an important thing that you shoud have, if you dont have it you cant mining bitcoin or other coin by yoursel, second is you need to know what cojn that you want to mine, you need do some research about coin what coin is make you profitable and what coin that can easy to mine.
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Velkro
Legendary
 Offline
Activity: 2296
Merit: 1014
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September 17, 2017, 11:48:12 AM |
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Hello guys,I am new to bitcoins and I would like to know how to mine the same.
Have VAST computer science knowledge, millions of $ to invest at start, have cheap electricity available, access to cheap miners. There you go, u can start right away with that  |
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Adioliver (OP)
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September 18, 2017, 04:42:19 AM |
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The first thing that you prepare if you want to start minining is mining rig, its an important thing that you shoud have, if you dont have it you cant mining bitcoin or other coin by yoursel, second is you need to know what cojn that you want to mine, you need do some research about coin what coin is make you profitable and what coin that can easy to mine.
Thanks for your reply,but may I know what is rig? |
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Wind_FURY
Legendary
Offline
Activity: 2912
Merit: 1825
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September 18, 2017, 07:03:07 AM |
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Hello guys,I am new to bitcoins and I would like to know how to mine the same.
Have VAST computer science knowledge, millions of $ to invest at start, have cheap electricity available, access to cheap miners. There you go, u can start right away with that No Bitcoin mining does not need a "VAST" computer science knowledge. It needs some computer engineering knowledge and the ability to troubleshoot well in case something is going wrong with your mining hardware. OP, the train has left for Bitcoin mining. You cannot compete with Bitmain and Jihan Wu. It will be easier for you to invest directly and hold Bitcoin. |
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bitcoin31
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September 18, 2017, 07:09:17 AM |
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If you want to start mining you may know first if your countrh is porfitable for mining. If your country have expensive or cheap electricity. And make a plan what miner do you want to buy and cp or anything that you need to mine. Many people earn a lot of bitcoin or even altcoins because of mining. Remember mining is not easy you need to learn more first and you need big capital to start mine for the equipment.
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carlisle1
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September 18, 2017, 07:37:16 AM |
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I guess it would cost you a hundred dollars to start and to have your own mining Equipment and you need to know how to set it up properly so that you won't have any problem with any parts . also before starting it, consider the profit that you can get from a coin that you are going to mine and how much would it cost you in electricity .
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Young Joe
Newbie
Offline
Activity: 4
Merit: 0
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September 18, 2017, 07:48:05 AM |
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You're too late. If you want to mine bitcoin you need to spend a bunch of money on techy equipment that can compute at crazy high speeds. Is it possible, sure. Will you do this, probably not.
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UCHCHILD
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October 22, 2017, 10:27:55 PM |
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Are you serious to have bitcoin mining? I would like to recommend to think so many times because mining bitcoin is totally expensive, it will takes you a lit of money from your wallet jyst to install it and buy materials needed, the chips needed the electricity needes.
And actually you need to stay away from lots of people because as far as I know it is too noisy for other.
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