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Author Topic: I'm a newbie. I want to know how to mining bitcoin  (Read 125 times)
Getcoinsite
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April 19, 2018, 07:01:55 AM
 #21

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.
yups.go to Mining Section here https://bitcointalk.org/index.php?board=42.0

But i warn you,if youre region has a high price of electricity please don't consider mining because its too expensive and you might end up losing or break even,so if were you i will find another source of income here than mining
labilaab
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April 19, 2018, 07:14:01 AM
 #22

I adviced you to stop mining for bitcoin for now my friend since its no more profitable compared before.You instead will be in a great loss for using too much electricity mining and getting only small amount of block from bitcoin.Better mine for altcoins with only few miners to gain more blocks.

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KEPLER99
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April 19, 2018, 07:33:08 AM
 #23

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
I would not suggest him this method. Mining section is the right place to get hands on all the details but this method demands investment. It requires good hardware and a lot of it actually. There should be electricity running these systems 24/7 but as electricity is not a cheap thing, it is better to choose other methods of earning via crypto currencies.Then person needs to install mining software and start working.
micheal wang
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April 19, 2018, 08:19:09 AM
 #24

Waiting for a moderator to move this thread.

If you have a lot of money, you can mine bitcoin at the present time. With the popularity of bitcoin in the past few years many companies and groups of people who work together for bitcoin mining. As a result the tool mining tools are now very rare and expensive because of the scarcity caused by the demand for mining tools. Much has to be spent on bitcoin mining, you will pay monthly electricity with expensive, time you will be consumed because your computer must live for 24 hours and you have to control it. And I think now bitcoin mining is not worth it for our circles, you better choose investment or trading at this time.
housebtc
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April 19, 2018, 09:25:30 AM
 #25

Bitcoin mining is not for small investors it is a waste f time and resources, because million of Dollars has been invested into the space and better technology are been developed to mine it, you can play around with some other Altcoins. What I will advice you not to do is to invest into online mining websites, they are all scam site and will be a waste of time and your money
len23
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April 19, 2018, 09:35:56 AM
 #26

I don't experience yet digging or mining coins because others says it's a waste of time and it's for the big investors that's why I did not try it.
torotot
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April 19, 2018, 09:38:52 AM
 #27

Prepare your money in the pocket for it is expensive. Don't expect that you will pay for small amount if you engage in mining. Prepare more hour to mine in the disk with your health and money. If you are ready then you should buy the upgraded cp to make sure it will work properly.
BattleZeo
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April 22, 2018, 07:31:20 PM
 #28

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 is not profitable now, if you want to invest only one or two mining machines, and if electricity fee is high in your country. Better to rent mining equipment from the farm. More equiments to have, more costeffective to mine.

reflector
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April 22, 2018, 07:39:21 PM
 #29

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 is not profitable now, if you want to invest only one or two mining machines, and if electricity fee is high in your country. Better to rent mining equipment from the farm. More equiments to have, more costeffective to mine.


Who said it is not profitable, if you invest on mining platform you have to invest the big fund for it mate. Please look into right GPU cards or ASIC hardware to start your mining career. I am definitely sure about it. You will get the profit easily bro.
If you can mine in industrial power for mining with the ASIC cards in more numbers. If will give the way to earn more money mate.
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