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Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins) > I wanna start mining something
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Reseler (OP)
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January 05, 2018, 03:57:52 PM
Last edit: January 05, 2018, 04:37:24 PM by Reseler
 #1
Hi , can you give me some advice about mining crypto coins ? i am not newbie
i know theory but some good advice will be good  Smiley I have basics cheap electricity and good place
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 05, 2018, 04:33:34 PM
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A. Not all crypto coins are 'Bitcoin' nor is Bitcoin a generic term for the other coins. BTC is 1 specific coin, all other coins are called altcoins.
B. Blokforge.com has a good page on what is/how to.  https://blokforge.com/getting-started/
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Reseler (OP)
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January 05, 2018, 04:36:19 PM
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Quote from: NotFuzzyWarm on January 05, 2018, 04:33:34 PM
A. Not all crypto coins are 'Bitcoin' nor is Bitcoin a generic term for the other coins. BTC is 1 specific coin, all other coins are called altcoins.
B. Blokforge.com has a good page on what is/how to.  https://blokforge.com/getting-started/


ok nice , thanks for link i am going to check it Smiley
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January 05, 2018, 04:54:52 PM
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You're kinda 2 years late, focus on altcoins.
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January 05, 2018, 05:00:11 PM
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Unfortunately you wouldn't be able make any profit at all. The best thing to do is focusing on altcoins as the others have stated above. There are some with pretty low market cap and a lot of blocks to be mined. You could try your luck there.
Reseler (OP)
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January 05, 2018, 05:20:36 PM
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Quote from: Kaarracht on January 05, 2018, 05:00:11 PM
Unfortunately you wouldn't be able make any profit at all. The best thing to do is focusing on altcoins as the others have stated above. There are some with pretty low market cap and a lot of blocks to be mined. You could try your luck there.

can you suggest some alts so ?
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January 05, 2018, 05:22:36 PM
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Quote from: Reseler on January 05, 2018, 05:20:36 PM
Quote from: Kaarracht on January 05, 2018, 05:00:11 PM
Unfortunately you wouldn't be able make any profit at all. The best thing to do is focusing on altcoins as the others have stated above. There are some with pretty low market cap and a lot of blocks to be mined. You could try your luck there.

can you suggest some alts so ?

You could look at for DigiByte and Electroneum. I think with a fair setup you might be able to mine some.
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January 05, 2018, 05:23:34 PM
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Quote from: Reseler on January 05, 2018, 05:20:36 PM
Quote from: Kaarracht on January 05, 2018, 05:00:11 PM
Unfortunately you wouldn't be able make any profit at all. The best thing to do is focusing on altcoins as the others have stated above. There are some with pretty low market cap and a lot of blocks to be mined. You could try your luck there.

can you suggest some alts so ?

1. They're bullshitting you. The S9 - which is a bitcoin miner - makes good money.

2. They are right in the sense that you'll make more money if you go with an altcoin miner such as the L3+ which can mine a variety of coins.
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January 05, 2018, 05:50:01 PM
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The things you might wanna know about mining is that it is actually a trade, for example if you started a mine it will get a bonus in your bill, electricity bill, but you will gain a lot than your bill so you still win
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