Bitcoin Forum
May 09, 2024, 10:49:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: which miner is suitable for beginner?  (Read 556 times)
akram143 (OP)
Full Member
***
Offline Offline

Activity: 1106
Merit: 166


★777Coin.com★ Fun BTC Casino!


View Profile
October 12, 2017, 07:39:37 AM
 #1

I would like to buy miners so guide me which miner is suitable for beginner and gives more profit.

1715251798
Hero Member
*
Offline Offline

Posts: 1715251798

View Profile Personal Message (Offline)

Ignore
1715251798
Reply with quote  #2

1715251798
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715251798
Hero Member
*
Offline Offline

Posts: 1715251798

View Profile Personal Message (Offline)

Ignore
1715251798
Reply with quote  #2

1715251798
Report to moderator
lottery248
Legendary
*
Offline Offline

Activity: 1568
Merit: 1005


beware of your keys.


View Profile
October 12, 2017, 08:17:56 AM
 #2

you should not mine bitcoin as a newbie to be a miner, unless your power supply is cheap enough (or somewhere near you can get renewable energy). you should use (spare is better) GPU or called graphic card to activate mining, but few of the coins are currently profitable (bitcoin is normally losing); in this point i would recommend merged mining in some of the pool, they are possibly better on profit.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
pjmis
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
October 12, 2017, 09:41:37 PM
 #3

If you are looking for profit might be better to buy and sell coins. Ive made more doing that as a beginner.
Hexah
Sr. Member
****
Offline Offline

Activity: 728
Merit: 265



View Profile
October 12, 2017, 10:07:55 PM
 #4

you should not mine bitcoin as a newbie to be a miner, unless your power supply is cheap enough (or somewhere near you can get renewable energy). you should use (spare is better) GPU or called graphic card to activate mining, but few of the coins are currently profitable (bitcoin is normally losing); in this point i would recommend merged mining in some of the pool, they are possibly better on profit.
Yes, I agree with lottery248 that it would not ne better if as a newbie you would do mining because you might not know what is the needed equipments and it really costly to mine some bitcoins and right now I think mining some altcoins because it is more profitable if you mine some of it.
If you are looking for profit might be better to buy and sell coins. Ive made more doing that as a beginner.
Definitely, trading is the very basic to learn if you are newbie in the world of crypto because you find a way to learn some concepts that will be helpful to you when you go along the process.
The_coin_explorer
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile WWW
October 16, 2017, 07:49:47 PM
 #5

Buy and Trade is indeed adviced.

There is also an option for Renting Mining rigs or Hash Power. Although I was a bit sceptic, so far Aurora Mining is by far the most trustworthy site i have found for now. Please do note that there are a lot of scam sites that run of with your money before you can withdraw (although I haven't had that problem with Aurora Mining). https://www.auroramine.com/?ref=197961

Another tip, invest in research when it comes to coins you are going to buy and sell, you want to know if they have a active community, devoted developers etc etc

Good luck!
philipma1957
Legendary
*
Offline Offline

Activity: 4116
Merit: 7863


'The right to privacy matters'


View Profile WWW
October 17, 2017, 12:40:12 AM
 #6

I would like to buy miners so guide me which miner is suitable for beginner and gives more profit.

If you have very cheap power  the s-7 is okay.

By very cheap power 3 usa cents a kwatt

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!