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Author Topic: I'm a newbie. I want to know how to mining bitcoin  (Read 125 times)
bluecoinX (OP)
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April 18, 2018, 02:17:58 PM
 #1

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?

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April 18, 2018, 02:24:41 PM
 #2

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?
it may better for you to visit mining section of bitcointalk forum, It's really difficult to mining bitcoin right now consider the difficulty and long-term return. Before 2016 bitcoin it's a bit easy to be mined by the miners consider the difficulty hasn't been getting an increase. If you are not active miners since the beginning of bitcoin and remember that. You will be lost in battle with asic miner.

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coin163
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April 18, 2018, 03:00:56 PM
 #3

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?
wrong place dude, you should go to https://bitcointalk.org/index.php?board=14.0 and read many guide and support to mine bitcoin there
the best place to know profitable coin and diff at: https://whattomine.com/coins

https://bitcointalk.org/index.php?topic=5245436.0

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Pikachu12
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April 18, 2018, 03:05:29 PM
 #4

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?
current bitcoin mining. very difficult. Two years ago it was quite easy. You need to consider before performing bitcoin mining. There are better options than mining. go to bitcoin, mining
hasna17
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April 18, 2018, 03:14:19 PM
 #5

Are you a beginner? bitcoin is now not as it used to be,
we must have a large enough capital, and may need guidance to be able to mine BTC and to be able to find out please visit at
http://whattomine.com/coins if you have enough capital you can, by way of Treding for example, maybe it also needs a guide first.
in order not to lose.
Bencus
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April 18, 2018, 03:16:17 PM
 #6

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?

I'd say it is really hard to be profitable in mining, the return rates have became low.
If you are not a professional miner, getting industrial electricity which is cheaper, it does not worth the investment to get into bitcoin mining, in my opinion.
If you have a good PC, you might want to try mining other coins, other than the big ones (ETH, BTC).
(and please, improve your english a bit)

Also, you might want to read the Mining section of this forum.
Abigail.Parsons
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April 18, 2018, 03:33:05 PM
 #7

Mining in the traditional sense isn't too profitable really. The industry is getting quite centralised and this is squeezing the average miner out. You can however join a pool which has a decent rate of return. (nothing crazy) A pool is a bunch of people world wide pooling together their CPU power into one mining address and any profits taken will be distributed. the way they get distributed depends on the type of pool you join.
azizsatrasia68
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April 18, 2018, 03:40:17 PM
 #8

Mining requires high-quality CPU and GPU equipment and it will increase the electrical load. Many offer cloud mining, but most of them commit fraud. I suggest you to search for more information from the mining forums.
ReiMomo
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April 18, 2018, 04:20:31 PM
 #9

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?

Mining needs knowledge about Bitcoin and other crypto currencies and wide knowledge about hardware with bit installation knowledge. Please do note that mining rigs and the hardware used for it is bit costly and you need to check the electricity price since more consumption required for mining any coins and you need to have low electricity cost to gain more profit or else your profit will be paid as electricity bill.

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jomarkororo
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April 18, 2018, 04:41:46 PM
 #10

you should know first the materials you will need to mine bitcoin and also you have knowledge about mining, go to mining section to know more about
Crypto_lion
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April 18, 2018, 04:51:55 PM
 #11

Sorry to say this dude but you are late to the party just like me unless you are a big investor who can buy high hash rate machines .Check out whattomine and you will get a idea

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April 18, 2018, 04:56:47 PM
 #12

Check this...  https://www.nicehash.com/

You don't know what your machine will mine but you will be paid in BTC.
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April 18, 2018, 05:02:20 PM
 #13

Spend your time to take a look at Mining section. There are a lot of topics about mining and I think you'll find out everything you need about mining in here Smiley. But at first I think you need to have huge amount of money to be able to start mining cause there are a lot of things you need to pay for if you choose mining.

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April 18, 2018, 05:06:32 PM
 #14

many ways can be used to mine bitcoin, for example being bounty hunter, and mining, but I think currently the most widely used is to be a bounty hunter.
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April 18, 2018, 08:17:30 PM
 #15

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?

Build yourself a mining rig with gpus, then mine altcoins and exchange them for bitcoins. That is the best way to get bitcoin. You can of course mine with asics, but i dont like them because they tend to get old quick. So i mine with gpu rigs
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April 18, 2018, 09:35:26 PM
 #16

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?

mining now?
i think it`s a no good idea for newbie..
BTC price is high, scillability is too high and you need in huge mining sources, but (i think) you cant take your peace of cake

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April 18, 2018, 09:53:45 PM
 #17

nowadays mining is not that beneficial .
price of btc is down and cost of mining is high bcoz of high competition and electricity cost .
if you think you will hold btc till price pump , then you have to pay all expenses from your own pocket .
rest decision is yours .
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April 19, 2018, 06:16:45 AM
 #18

I want to know how to dig the bitcoin now, how to dig the bitcoin before, how is it different now? Is mining knowledge widespread?
For a beginner, mining of bitcoins looks unrealistic. You need huge capacity and spending on consumables that will not completely block the profit from getting coins, which is already not so much.

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April 19, 2018, 06:53:13 AM
 #19

talking about minning farming is very interesting, but i can only encourage, and what else we minning is big coin like BTC, BCH, ETH ect, i think it is very expensive but not impossible and can be done, for me learn more in detail minning the world crypto any needs, requires knowledge and what ability, what time yan you are looking for sure to meet, continue to learn no one can not, the spirit of friends and useful
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April 19, 2018, 07:01:17 AM
 #20

Now the present situation of the market it is the really bad idea to learn about mining because due to the difficulty it will take a lot of time to mine the Bitcoin. So you can learn some basic things about the mining then go head to get knowledge because you use them to mine the other profitable coins.
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