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Author Topic: Is bitcoin mining dangerous?  (Read 11428 times)
NotFuzzyWarm
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September 19, 2017, 12:53:04 PM
 #21

Considering the OP has not posted/replied here I'd just let this stupid thread die a quiet death.

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September 19, 2017, 03:19:48 PM
 #22

In the past I tried to mine with my ordinary pc. It was going to burn because of overheating. Since then I don't do mining. I hear people use special hardware for mining.

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September 19, 2017, 04:18:15 PM
 #23

Considering the OP has not posted/replied here I'd just let this stupid thread die a quiet death.

He might not be a active member in this forum. You just give you wish with the reference or correct information I hope that is enough that can do.
I does not think that bitcoin miners are dangerous to use, still many ask avoid mining using laptop for GPU  mining. However, you people can mine using multiple graphics cards with the proper set up.

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Alturax
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September 19, 2017, 05:08:20 PM
 #24

You have to be careful with the electricity and do not use obsolete hardware.
Everything should be properly connected
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September 20, 2017, 12:04:34 PM
 #25

Hello, bitcoin it is not dangerous because this is legit not illegal

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September 20, 2017, 12:23:18 PM
 #26

May ask you what is different of coins.ph on blockchain?

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September 20, 2017, 12:43:14 PM
 #27

Bitcoin mining is not dangerous. But most beginners think that to stick the equipment to the miners in the socket and the coins will flow. This is not so. There is no easy money. In order to get coins you need to invest a lot of money and provide equipment.

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September 20, 2017, 05:11:05 PM
 #28

Because i am new at bitcoin i'm wondering what is bitcoin mining and how it is done.
Is it dangerous for us people?? I want to know more about bitcoin mining.

I don't see any harmful thing in mining. Neither i heard anything about harmful thing with mining. For me its safest way to earn side income. The reason i am saying this because if you high speed computers and cheap electricity you can mine bitcoin and altcoins and there is no chances of being scammed etc. The only thing to consider is the electricity cost which most of the time make it unfeasible.

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September 20, 2017, 06:12:45 PM
 #29

Related thread Cheesy

https://bitcointalk.org/index.php?topic=2192355.0
mx667
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September 21, 2017, 04:36:07 AM
 #30

I think mining is not dangerous for us one person. But if every person in the world are mining, then the earth will become more hot.
I think we should think about more solution for the global warming. Mining is good, but it can destroy the earth for several years.
Not just mining of course, but we should start thinking and searching for solution about it.

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September 21, 2017, 06:33:41 AM
 #31

Because i am new at bitcoin i'm wondering what is bitcoin mining and how it is done.
Is it dangerous for us people?? I want to know more about bitcoin mining.
Its nothing like dangerous no chemicals or biological toxics are involved in it. But its somewhat dangerous for your processor and hardware. If it has to run 24x7 non stop at its maximum potential it might just make it wear quite early. Financial risk related to less returs is also dangerous. Apart from that I dont think its risky.

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September 22, 2017, 09:19:44 PM
 #32

What you mean dangerous? yes Bitcoin hardware can harm you when you wet and your touch the electricity  Grin , just kidding.
mining bitcoin is not dangerous for you at all , its just like using your computer.
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September 22, 2017, 11:07:07 PM
 #33

Because i am new at bitcoin i'm wondering what is bitcoin mining and how it is done.
Is it dangerous for us people?? I want to know more about bitcoin mining.

If you want to know more about bitcoin mining you should do your own research, learn to read articles anything related to bitcoin mining and watch videos that can give you a sight on how bitcoin mining is done. I can't see any danger in bitcoin mining if you are a strong believer of bitcoin, are you worried of global warming or sort of that stuff because of the heat that it provides when operated?

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September 24, 2017, 02:20:36 AM
 #34

And if that is dangerous it could be because we can sometimes experience big profits or losses I just give advice if you want to do mining should find more information as much as possible first so there is no difficulty in running it later. If it is still early try Capital that is issued relatively small first.

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September 24, 2017, 11:50:28 AM
 #35

For me, it is not dangerous. It is just to risky when you were in the mining. Because it takes a big capital or investment. And your not sure if you will get your investment back.

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September 30, 2017, 04:40:31 PM
 #36

According to my view of angle mining is not dangerous but its hard to achieve due to high cost of mining machines. But cloud mining is a risky job & not guarantied.

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October 01, 2017, 07:11:33 AM
 #37

It is possible to damage your computer by mining in the following ways:
- The computer will degrade more, as it is used more (you will have to replace it sooner than normally)
- The computer will overheat and some components will fail because of that (if for example, the computer is dusty. If the parts are well-maintained and the computer is not boxed in, this shouldn't be the issue)
- You will overload some part of your computer with the mining and it will short circuit or blow a fuse (mostly relevant if your power supply is weak, this happened to me once)
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October 01, 2017, 10:32:26 AM
 #38

What do you mean by dangerous? I think the most appropriate word is risky.

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October 01, 2017, 11:02:54 AM
 #39

If you choose the right computer there is nothing threat when mining will occur. In case of any short circuit disconnects the electricity supply. The worst that can happen is your equipment overheating and failure. I have mined coins and I have nothing ever happened.



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October 01, 2017, 02:36:37 PM
 #40

No, there is nothing dangerous for Bitcoin mining. But you need a powerful desktop and hardware. And you must care about air ventilation for your Bitcoin mining room. So air will be fresh and your mining tools will not hot. Don't worry about hot. Just take it easy. Because mining tools will run continue. So it's need enough air ventilation.

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