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Author Topic: Step-by-step guide to mining for newbies (January 2014)  (Read 10189 times)
SerMeric
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June 17, 2014, 08:25:50 AM
 #21

thanks really enjoyed.
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montello
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August 22, 2014, 12:42:39 PM
 #22

Thanks for the tutorials on mining it will really go a long way.

Abdullah001
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August 22, 2014, 12:53:20 PM
 #23

I must thank you for such a useful and helpful post. I am interested about mining. My electricity is free so i think i would be able to make money profit though mining.
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August 22, 2014, 04:18:31 PM
 #24

I must thank you for such a useful and helpful post. I am interested about mining. My electricity is free so i think i would be able to make money profit though mining.
Making a profit by mining is very unlikely.

gelar24
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August 22, 2014, 05:45:27 PM
 #25

laptop or my computer is not good enough for mine Smiley
I mined through better mining tools or through the cloud Smiley
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August 23, 2014, 05:28:21 PM
 #26

I must thank you for such a useful and helpful post. I am interested about mining. My electricity is free so i think i would be able to make money profit though mining.
Making a profit by mining is very unlikely.

If he has completely free electricity, he could possibly get some profit from mining.
But, as a general suggestion, there is always risk and so don't invest more than you can lose.

Mars not Moon
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August 25, 2014, 08:47:26 AM
 #27

These days mining the altcryptos would be more profitable while compared to BTC.Also could be started at low investment and risk factor is low too.
feryjhie
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August 25, 2014, 10:32:51 AM
 #28

thanks for the guide for mining Cheesy
now i can mining in my miners
DrG
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August 25, 2014, 12:50:20 PM
 #29

These days mining the altcryptos would be more profitable while compared to BTC.Also could be started at low investment and risk factor is low too.

The risk is higher for altcoins.  That's why there is more potential for profit.  People throwing around capitol generates profits and people taking it away equals losses.

Some altcoins lose 98% of their value in one day - Bitcoin has yet to do this.
Hash Master
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August 25, 2014, 01:54:05 PM
 #30

That's probably one of the best topics I've put my eyes on in the Beginners section by far. Thanks, buddy!
mraveragejoe
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August 25, 2014, 02:28:28 PM
 #31

The guide is really useful for beginners but I have to say that actually mining is unprofitable if you can't invest huge amounts of money.
soccosocco
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August 25, 2014, 05:57:10 PM
 #32

interesting article, thank you for minning guide
but I think the laptop or computer is not good when used for mining
better mining using a mining tool or mining cloud
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June 09, 2015, 05:58:03 PM
 #33

I have a 1.48 GH duel core processor and 2gb ram but no graphics cards....i use windows 7 laptop on hp brand. can i mining bitcoin? if yes give me the tutorial. or not give me the suggestion and reason........please help me ................
odolvlobo (OP)
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June 09, 2015, 06:07:09 PM
 #34

June 2015
You can mine with your laptop, but keep these in mind:

1. The amount of processing power needed to earn just a small amount of bitcoins far exceeds the ability of a CPU or graphics card. A typical CPU mines about 21 satoshis per day. That's worth about 1/2 of 1/1000000 of a dollar.
2. The amount of heat generated will wear out your laptop and lead to an early demise.
3. The cost of electricity will exceed the value of the bitcoins you mine.

If you want to mine a small amount of bitcoins, you need at least a 1 TH/s ASIC miner. If you want to make a profit, you need cheap electricity.

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June 09, 2015, 06:20:07 PM
 #35

If you want to make a profit, you need cheap to steal electricity.

just corrected. please my newbie friends, forget about mining at just buy/start using BTC...
FeelPlus
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September 25, 2017, 08:49:39 AM
 #36

Thank you very much for posting this.  Sadly I am running a nvidia laptop so /facepalm.

Will have to experiment when I get time.   Any recommendations on alt coins to hunt for?

If you use multipool.us, it will mine the most profitable coin.

Hello , this is a really good tutorial how to mine . A lot of time passe , but some links are not more enabled .
Can you update this tutorial ?
Phalo
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September 25, 2017, 05:35:19 PM
 #37

If you want to make a profit, you need cheap to steal electricity.

That's a very important correction. There's no such thing as cheap electricity

just corrected. please my newbie friends, forget about mining at just buy/start using BTC...
salihno71
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September 25, 2017, 08:29:34 PM
 #38

Thank you very much for posting this.  Sadly I am running a nvidia laptop so /facepalm.

Will have to experiment when I get time.   Any recommendations on alt coins to hunt for?

If you use multipool.us, it will mine the most profitable coin.

Hello , this is a really good tutorial how to mine . A lot of time passe , but some links are not more enabled .
Can you update this tutorial ?

It is not applicable anymore. You cannot mine bitcoin with PC since few years ago. Difficulty is off the chart. You need to use ASIC and even in this case it's hard to return the investment. You might have better luck trying to mine some altcoins with PC. Check altcoin subforum.
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