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Author Topic: How to start Mining ?  (Read 589 times)
hemanthalaksiri@gmail.com
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November 11, 2017, 10:58:37 AM
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Hi friend ,
 Huh
Im very beginner to bitcoin world and hope to start Bitcoin Mining  .. However I don't know anything about that.. Please help to start .. Waiting for your replies  ...


Thank you
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eliddell
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November 11, 2017, 03:16:49 PM
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The easiest thing is to start cloud mining.. The advantage is you pay a one time fee based on how much mining power you want and what coin you want to mine.. and it will mine for you for as long as mining that coin is still profitable.   I like genesis mining because the allow you to move your purchased mining power around from coin to coin or even split it amongst coins.

If you are interest, use this link and get a discount on your purchase. https://www.genesis-mining.com/a/1814914

If you want quicker results, and are willing to take a risk, checkout bitconnect where you purchase bitcoin and lend it our for 1% daily interest: https://bitconnect.co/?ref=eliddell

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November 13, 2017, 07:50:28 PM
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Well first off start here.
https://bitcointalk.org/index.php?board=39.0

This is some beginner info.

Also a lot of people ask this so look around in the forum and use the search function.

Don't sit around and wait for replies, do a google search for your title of the thread, add bitcoin to the search and read any page that has a 2017 date on it.

Good luck

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November 16, 2017, 06:42:42 AM
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Now to explain in details, Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions. In the early days of Bitcoin, mining was performed by individual computers running the Bitcoin nodes as they compete to solve algorithmic problems while confirming transactions on the Bitcoin Blockchain.
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November 16, 2017, 09:52:18 AM
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 if mining is responsible for every transaction; what if it reaches the maximum amount of supply, how will the miners get paid?

http://Coinsteacher.com a simple blog for simple readers .
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November 16, 2017, 11:57:52 AM
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The easiest thing is to start cloud mining.. The advantage is you pay a one time fee based on how much mining power you want and what coin you want to mine.. and it will mine for you for as long as mining that coin is still profitable.   I like genesis mining because the allow you to move your purchased mining power around from coin to coin or even split it amongst coins.

If you are interest, use this link and get a discount on your purchase. https://www.genesis-mining.com/a/1814914

If you want quicker results, and are willing to take a risk, checkout bitconnect where you purchase bitcoin and lend it our for 1% daily interest: https://bitconnect.co/?ref=eliddell



Noob here! I understand that cloud mining is easier to start with, but is the actual mining still worth it? I googled a little and it seems it is getting more complicated to effectively mine a block, so using a regular pc is worthless and you may end up paying more electricity. But if you manage to have a small farm, is it still worthless?
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November 16, 2017, 03:11:09 PM
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The easiest thing is to start cloud mining.. The advantage is you pay a one time fee based on how much mining power you want and what coin you want to mine.. and it will mine for you for as long as mining that coin is still profitable.   I like genesis mining because the allow you to move your purchased mining power around from coin to coin or even split it amongst coins.

If you are interest, use this link and get a discount on your purchase. https://www.genesis-mining.com/a/1814914

If you want quicker results, and are willing to take a risk, checkout bitconnect where you purchase bitcoin and lend it our for 1% daily interest: https://bitconnect.co/?ref=eliddell


thanks. ill try the link u gave. I'm quite interested in mining

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November 16, 2017, 04:37:04 PM
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If you are interested in mining, Check out the following initial steps:
a) Purchase custom mining hardware. When Bitcoin first started, it was possible to mine using only your desktop's CPU and GPU.
b) Obtain a bitcoin wallet. Bitcoins are stored in digital wallets that are encrypted to protect your money.
c) Secure your wallet.
d) Decide between joining a pool or going alone.
e) Download a mining program. Mining programs are almost all open source and available for free.
f) Run your miner. Once you have your miner configured, you can start your mining operation. Run the batch file you've created if necessary and watch the miner connect and start mining.
g) Keep an eye on temperatures.
h) Check your profitability. After you've mined for a little bit, check your figures to make sure its worth it. How much did you make over the last few days?...

RXinvest
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November 16, 2017, 07:10:27 PM
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Mнe бы тoжe xoтeлocь бы нaчaть мaйнить.
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