how to start bitcoin mining?

[aimey]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Exactly, Sa pagmi-mining dapat meron ka sapat na pondo o puhunan dahil hindi biro ang gagastusin mo sa pagbuo ng isang computer mining rig, hindi sapat ang magkaroon ng isang maganda computer na may isang videocard dahil maaring hindi maabot ang ninanais mong kitain sa araw-araw na pagmimining mo. At kung ang balak mo ay isang mining rig lang masmabuti pang mag trading ka nalang dahil baka malugi ka pa sa mining mo. Opinyon ko lang mas mabuti mag-trading ka nalang muna mas profitable yan ala masyado hussle at hawak mo oras mo ikaw pa mismo magdedecide on the spot kung maghohold, buy, sell and invest ka ng pera o mga token na naipon mo. Huwag muna padalos-dalos sa pagbuo ng mining rig mas magandang pagaaralan mo muna ang bawat angulo ng mining dito sa bansa, kung profitable ba, advantage and disadvantages ng mining.

[Babylon]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

 Bago ka mag start sa bitcoin mining dapat madami ka munang nalalaman. Mahirap kasi magsimula ng wala lang alam.  Alam naman natin karamihan na pag wala kang alam? wala kang patutunguhan. Malaki ang gagastusin mo dito aabot ng daang libo ayon sa nabasa ko ang magagastos mo dito.  Kaya masasabi ko lang pag isipan mong mabuti ang gagawin mong desisyon kasi once na mag start ka na? wala nang atrasan kundi masasayang lang ang pera na naipondo mo dito.

[m.mendoza]

For me you need big money para makapag start ka sa mining mga 100k para makapag start kana mag mining. Pero pag kumita kita kana pede ka namang mag dagdag ng rig mo para tumaas pa lalo ang ma mina mo.

Pwede gamitin ang cp para makapag start ng mining. Alam mo dapat lahat bago ka magstart hindi yung wala ka pa nalalaman. Importante kasi alam yun eh. Pwede mo dn gamitin ang pc para makapag start ng mining at mas maayos yun dahil mabilis.

[crairezx20]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Ngayun ko lang narinig na may chip pala na 100x ang performance. Sino naman nag sabi sayu nito?
Walang ganun sa mining. Baka ang ibig mong sabihin sa mga graphics card at memory type naman yun which is samsung, hynix, micron at elpida.
Kung nag tatanong ka kung what graphics card ang maganda ang performance. Dito na ko sa samsung matibay at maganda ang hashing speed base lang po ito sa na experience ko ganun din sa iba.. pero mahihirapan ka mag hanap ng ganyang graphics card kasi pili na at halos makukuha mo na lang ngayun is micron madalas to, hynix pinaka worst then elpida same as micron..  Gaya ng sabi nila altcoin lang ang ma mimina mo pero my mga 3rd party software na autoconvert na or nag babayad ng bitcoin to rent your hashing speed..
Kung gusto mo talaga mag mine ng bitcoin asic miner ang kailangan mo.. Sample antminer s9, whatsminer m3 or avalon 7.. Marami nang competitors si antminer ng bitmain ngayun at isa sa mga narinig kong balita ang samsung eenter na rin sa field ng mining..
Kung need mo parin ng help pm mo ko iaadd kita sa cryptominers group.. just to help you learn about mining..

Decent pc's with great gpu's sir. A good hardware can withstand everyday mining can help you a lot. Get ready for high electricity bill though 😁 right guys?

Depende kung anung graphics card. AMD graphics card talaga power hungry 30% to 50% ang mababayaran mong monthly bill sa kuryente pero kung kaya mo handle at ihold ang coins mo pwede mo pa ibenta ang namina mong coins sa mas mataas na presyo unless kung gumagamit ka ng 3rd party software like nicehash na may kaltas na iilang pursyento sa na mine mo hindi pa included ang dev fees at depende kung anung miner gamit..
Nvidia mababa ang power consumption and mas maganda sya dahil hindi maingay at mainit compare sa AMD graphics card. at siguradong mas mababa ang kuryente nyu.. tip ko lang kung makaka bili kayu ng fair price na 1070ti any brand mas profitable ito compare to other nvidia cards dahil mas efficient ang gtx 1070 ti. Pero mahihirapan ka mag hanap..


Overall; ayuko lang din natutulog ang bitcoin ko sa wallet so nag invest na ko sa graphics card bakit.. umaakyat din ang presyo ng graphics habang kumikita ka sa mining..

[ruthbabe]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

You're too lazy I suppose. Today, you can't mine bitcoin by simply using cpu or gpu but even if you could it would be expensive and will take you years before you earn even 0.1BTC. I would advise you to do your own research or simply go the following boards as it will gain you more knowledge about Bitcoin mining. Wish you luck.

https://bitcointalk.org/index.php?board=14.0
https://bitcointalk.org/index.php?board=40.0
https://bitcointalk.org/index.php?board=41.0
https://bitcointalk.org/index.php?board=42.0
https://bitcointalk.org/index.php?board=76.0
https://bitcointalk.org/index.php?board=81.0

[elpsycongree]

I disagree what the others are saying. Bitcoin mining is not profitable if you mine it solo using your own rig but it is possible if you join mining pools like Nicehash. It then depends on the algo that you want to mine. Ethash for Ethereum as an example. If you're going to start mining you need to consider how many graphics cards are you going to invest in, because if you are just going to buy 1 GTX 1080ti then it is not profitable but if its 6 to 7 GTX 1080ti then it is possible to profit from it as GPU mining is dependent on the computing power of the graphics cards, in case of GTX 1080ti, it has 11 gb with 32 Mh/s using Claymore eth miner. So with 6 GTX 1080ti you'll have ~192 Mh/s which is relatively a good hashrate for a mining rig. The average return of investment is within 6 - 10 months. After that is pure profit. You can also mine with your CPU to make the most out of the motherboard since all the dedicated mining motherboards today are already 1150 LGU model so there's no problem if you but the latest CPU you can afford to mine Moreno (Popular for CPU mining).

In mining, you should be aware that you're going to spend a lot of money for the graphics cards as it costs 12k - 66k depending on what brand and series you're buying and it's just a part of the rig. You need to consider the motherboard (B250) ~9k and PSU (gold/platinum) ~10k (?), 4 gb ram ~2.5k, CPU (varies), etc. that you're going to buy as well. The location is also considered because of the loud noise that the rigs are going to generate, the electricity cost that the rigs are pulling (monthly billing) in our place it's 10php/kwh, and the temperatures of your rig you might get an airconditioning if you can't keep the temperature below 80C as 50C~60C is the ideal gpu temperature. I also want to include the stress and troubleshooting that you're going to face if you're new in mining. It is advisable to stick with windows OS.

Overall if you're prepared to do all that then go ahead and mine. It is still feasible and ROI is subject to change depending on the market. Do mind that you need to consider this as an investment because this involves risks after all.

[makolz26]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

You're too lazy I suppose. Today, you can't mine bitcoin by simply using cpu or gpu but even if you could it would be expensive and will take you years before you earn even 0.1BTC. I would advise you to do your own research or simply go the following boards as it will gain you more knowledge about Bitcoin mining. Wish you luck.

https://bitcointalk.org/index.php?board=14.0
https://bitcointalk.org/index.php?board=40.0
https://bitcointalk.org/index.php?board=41.0
https://bitcointalk.org/index.php?board=42.0
https://bitcointalk.org/index.php?board=76.0
https://bitcointalk.org/index.php?board=81.0

pwede naman kahit gpu lamang ang gamit kasi yung tropa ko yun po ang gamit at balak nya nga bumili pa ng bagong labas ng asus ngayon na mother board.. yung daming slot ng gpu. profitable pa rin naman sabi nya kailangan nga lamang marami ang unit na gamit mo dito

[assirlac74]

As of now, I don't know yet how to mine bitcoin, I will read some in this thread so that I can get an idea and to learn more about bitcoin, cuz, as I have read, must spend a big money , so that we can start mining the bitcoin, what if my savings cannot reach that high value, I cannot own a single bitcoin?

[enaj825]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

You're too lazy I suppose. Today, you can't mine bitcoin by simply using cpu or gpu but even if you could it would be expensive and will take you years before you earn even 0.1BTC. I would advise you to do your own research or simply go the following boards as it will gain you more knowledge about Bitcoin mining. Wish you luck.

https://bitcointalk.org/index.php?board=14.0
https://bitcointalk.org/index.php?board=40.0
https://bitcointalk.org/index.php?board=41.0
https://bitcointalk.org/index.php?board=42.0
https://bitcointalk.org/index.php?board=76.0
https://bitcointalk.org/index.php?board=81.0

pwede naman kahit gpu lamang ang gamit kasi yung tropa ko yun po ang gamit at balak nya nga bumili pa ng bagong labas ng asus ngayon na mother board.. yung daming slot ng gpu. profitable pa rin naman sabi nya kailangan nga lamang marami ang unit na gamit mo dito

Pwedeng-pwede. Ang nakikita ko lang na problema ay sobrang napakamahal ng mga hardware sa ngayon, kahit na ung pinakamababang GTX, gaya ng 1050Ti ay nagkakahalaga na ng Php16,000. Kaya kung meron kang desktop computer at lalagyan mo ng 1 GTX 1050Ti, kelangan mong mag-upgrade ng power supply, ram at additional fan. Ang hashing power ng 1050Ti ay nasa 12 Mh/sec, so ang tanong, kailan mababawi ang mga ginastos? Sa aking palagay over 1 year. Kasi, Last Dec 2, 2017 bumili ako ng 1 Palit GTX 1050Ti Php7500 (mura pa noon) at inilagay ko sa deskop PC ko na Intel i7 processor at mag-pahangga ngayon ito pa lang ang namimina ko, 0.045713374448 ETH at 0.020747595262 XMR

[Muzika]

Una sa lahat bago ka magsimula dapat napag aralan mo na kung papaano sa mundo ng bitcoin mining. Dapat meron ka na ding budget pag nagsimula at sa pagkakaalam ko ang budget na kailangan mo ay nasa 150k.

malaking budget tagla ang kailangan dyan kaya nga kung aasa ka lang sa mining matatagalan bago mo mabawi yung pinuhunan mo pero kung may puhunan ka naman pwede na ding mgtayo ka ng minahan kahit isang pc lang pero mas mganda mas mdami na tpos pa airconan mo ang room ng mga pc para di malakas gaano sa kuryente at di prone sa sira ang mga pc .

[Raven91]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Yes, it is true. You really need an upgrade type of cpu in order for you to mine properly. Malaki naman talaga kikitain mo sa pagmamining kaso kailangan mo din gumastos ng malaki para dito. Pero kung ako magsusuggest sayo, its better to do trading. Mas less hassle at less gastos compared sa mining

[Bitkoyns]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Yes, it is true. You really need an upgrade type of cpu in order for you to mine properly. Malaki naman talaga kikitain mo sa pagmamining kaso kailangan mo din gumastos ng malaki para dito. Pero kung ako magsusuggest sayo, its better to do trading. Mas less hassle at less gastos compared sa mining

pag mining kasi talgang matagal bago mo mabawi yung puhunan mo unlike sa trading na di ka mamumuhunan dun ang tanging puhunan mo lang e yung papaikutin mong pera di tulad sa mining na hahayaan mo lang nakabukas ang pc mo pero yung kinikita mo nababawsan pa dahil sa malakas sa kuryente yun at may possibility pa na masira yung pc mo at malaki syempre ang pwede mo pang magastos sa pagpapagawa .

[natac20]

It's not easy to mine bitcoin,its only for the rich people that can afford to buy the stuff for mining. But if u have a lot of money, u can mine too,just like me,I'm using laptop and phone,and my internet so slow,its no use,and I can't mine for bitcoin. I only wait for God's grace.

[kamike]

It's not easy to mine bitcoin,its only for the rich people that can afford to buy the stuff for mining. But if u have a lot of money, u can mine too,just like me,I'm using laptop and phone,and my internet so slow,its no use,and I can't mine for bitcoin. I only wait for God's grace.

hindi mo naman kailangan na rich talaga bago ka makapagmina kasi pwede ka naman magpundar ng paonti onti e. yung friend ko gpu gamit nya hindi naman sila mayaman pero nakapagpundar sya ng ganun. kung magsstart ka ng mining kailangan mo talaga sumugal sa perang ilalaan mo dito. yun nga lamang tignan mo rin kung profitable pa ba ang cpu at gpu. yung gpu ok pa naman sa tingin ko

[AmazingDynamo]

It's not easy to mine bitcoin,its only for the rich people that can afford to buy the stuff for mining. But if u have a lot of money, u can mine too,just like me,I'm using laptop and phone,and my internet so slow,its no use,and I can't mine for bitcoin. I only wait for God's grace.

hindi mo naman kailangan na rich talaga bago ka makapagmina kasi pwede ka naman magpundar ng paonti onti e. yung friend ko gpu gamit nya hindi naman sila mayaman pero nakapagpundar sya ng ganun. kung magsstart ka ng mining kailangan mo talaga sumugal sa perang ilalaan mo dito. yun nga lamang tignan mo rin kung profitable pa ba ang cpu at gpu. yung gpu ok pa naman sa tingin ko

kakayanin yun kung sakali man na talgang gugustuhin , pero kung 150k pa din ang ilalabas mong pera kung sakali , think of it , sabihin natin di ka mayaman at isa ka lang normal na tao , mag iipon ka tpos bibili ka ng piyesa at the end of the day matutulog pera mo kasi nga di naman gagana ang isang unit kung may kulang dito e kaya at the end of the day kung mabuo mo man ito 150k din ang gagastusin mo bago mag start na kumita yan kaya mas mganda na ilaan mo na lang yan sa ibang bagay di ka na nga mayaman patutulugin mo pa pero mo .

[Turagsoy02]

As a newbie sa mga na basa ko din mag share lang po ako kng paano mag start nang mining midyo kailangan talaga malaking capitan para maka pag simula.
 1st  step - Humanap nang pinaka  taas na rating na Hardware
                      sample nito ay  Avalon6 at AntMiner S9.
 2nd step - Mag download nang free bitcoin mining software
                     may dalawa ding popular at latest ngayon na software
                       CGminer at BFGminer
 3rd step -  Mag join nang Bitcoin pool
                    Ang mga pool ng pagmimina ng Bitcoin ay mga grupo ng mga minero ng Bitcoin na nagtutulungan upang malutas ang isang bloke at
                   magbahagi sa mga gantimpala nito. With out mining pool, maaari kang mag-minahan ng mga bitcoins sa loob ng isang
                   taon at hindi makakakuha ng anumang mga bitcoin. Ito ay malayo mas maginhawang upang ibahagi ang trabaho at hatiin ang gantimpala sa
                   isang mas malaking grupo ng mga minero Bitcoin.
                 recommended pool na joinan:  *BitMinter
                                                              *CK Pool
                                                              *Eligius   
                                                              *Slush Pool
 4th step - Mag set up nang Bitcoin Wallet
                 Ang susunod na hakbang sa pagmimina bitcoins ay upang mag-set up ng isang Bitcoin wallet o gamitin ang iyong umiiral na Bitcoin wallet
                upang makatanggap ng Bitcoins mo na namine mo.Ang Bitcoins ay ipinadala sa iyong Bitcoin wallet sa pamamagitan ng paggamit ng isang
                natatanging address na meron lamang sa iyo. Ang pinakamahalagang hakbang sa pag-set up ng iyong Bitcoin wallet ay pag-secure ito mula
                sa mga potensyal na pagbabanta sa pamamagitan ng pagpapagana ng dalawang-factor na pagpapatotoo o pagpapanatili nito sa isang offline
                na computer na walang access sa Internet. Maaaring makuha ang mga wallet sa pamamagitan ng pag-download ng software client sa iyong
                computer.
At para ma buy and sell mo yung na kita mon bitcoin: Did a small research for this
SpectroCoin - European exchange with same-day SEPA and can buy with credit cards
Kraken - The largest European exchange with same-day SEPA
Local Bitcoins - This fantastic service allows you to search for people in your community willing to sell bitcoins to you directly. But be careful!
Coinbase - is a good place to start when buying bitcoins. We strongly recommend you do not keep any bitcoins in their service.

[ruthbabe]

It's no longer advisable to mine Bitcoin with CPU/GPU, instead, you mine other coins using minergate or nicehash and they auto-convert it to Bitcoin once you cashout.  I've posted a thread on Altcoins (Philippines), Building Altcoins 6-GPU Mining Rig and if you follow the set-up I posted there the following would be your estimated earnings using https://www.coinwarz.com/calculators

Ethereum (ETH):
Hourly   0.00024923 ETH   $0.15
Daily   0.00598162 ETH   $3.59
Weekly   0.04187135 ETH   $25.14
Monthly   0.17944864 ETH   $107.74
Annually 2.18329182 ETH   $1,310.86

Monero (XMR):
Hourly   0.00032873 XMR   $0.06
Daily   0.00788943 XMR   $1.40
Weekly   0.05522601 XMR   $9.79
Monthly   0.23668288 XMR   $41.96
Annually 2.87964171 XMR   $510.52

Zcash (ZEC):
Hourly   0.00056712 ZEC   $0.16
Daily   0.01361093 ZEC   $3.90
Weekly   0.09527654 ZEC   $27.31
Monthly   0.40832802 ZEC   $117.03
Annually 4.96799092 ZEC   $1,423.90

Please note that if you want to double or triple the profits you will need to make more 1 or 2 more mining rigs, but it also needs additional investment. Likewise, if you use 1070Ti or 1080Ti graphics cards your earnings would be big and so with your investment.

[Hopeliza]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Ang pag mimina ng bitcoin ay hindi madali madami kang kailangan bago ka mag umpisa. Dapat may budget ka sa pagmimina at dapat meron kang mabilis na cpu na magagamit mo sa pagmimina.

[JustQueen]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Sa bitcoin mining kailangan mo  talaga nang malaking budget para sa puhunan para makapag umpisa lalo na madaming kailangan tulad ng gagamitin mo na unit kailangan mabilis na CPU, bills ng kuryente. Kung may budget talaga para dito walang problema.

[nikay12]

Acccording of what I read on how to start a bitcoin mining you need to have a cpu or a high speed video processor card.? Is that true? I also heard that today theres a chip that can perform up to 100x than the older one. Can you help me to know more about bitcoin mining? Pm

Sa bitcoin mining kasi dapat may malaking budget ka talagang nakahanda hindi kasi yan katulad ng trading na mababawi mo agad yung pera mo. Dito kasi matagal pa bago mo mabawi at madami ka pang gagastusin dapat may sarili kang computer tapos may pangbayad ka ng bills ng kuryente at kung masira man ang pc dapat may budget ka din para ipagawa ito.