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Author Topic: Beginning my journey in bitcoin, looking for advice/ideas  (Read 69 times)
tassadaru
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April 27, 2018, 06:34:47 AM
Merited by Jet Cash (1)
 #1

Greetings everyone, and I hope you're having a wonderful day.

I started my journey in bitcoin like some of us did, last December, when bitcoin skyrocketed and I was in a FOMO state of mind.
I opened a wallet on blockchain.info, and activated all security features available, writing everything needed down and storing it securely offline.

I don't have any other coins, I am kinda frustrated for not investing in Ethereum when it first was advertised, and of course in Bitcoin when it all started.
I saw and read about both cryptos, but I was just *MEH* and moved on to other pastures.

I bought some hashrate on Hashflare, not much, I invested what I was prepared to lose. But with the increase of difficulty and fall of bitcoin price, I know I will never get ROI, so I will wait until my contracts run out and hopefully withdraw what is mined until then.
At the same time, I started mining using my gaming PC on NiceHash, where profitability has gone a bit up this month, not so much during February-March. But I kept on mining, because I was still getting payouts (even if not much) in bitcoin, which will accumulate over time.
On another PC, I was doing CoinPot faucets in my spare time.

My gaming PC is an AMD Ryzen 7 1800X 3.9GHz CPU (no 4.0GHz *sigh*), 32GB DDR4 3200MHz, and a GTX 1080 OC WindForce 3X from Gigabyte.
On NH, my CPU does somewhere around 0.0001 BTC/day after the CryptoNightV7 fork, and my GPU does anywhere from 0.0002 to 0.0003 BTC/day with various algos.

So, to get to the point of my post:

I am looking for advice or ideas on how I can improve my income via mining, or any other means, so that I could earn more bitcoin in the long run.
Any advice is appreciated, and I can give more exact technical info if you wish after I get home, this post being redacted from work.

Have a nice day, everyone!
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April 27, 2018, 06:44:14 AM
Merited by figmentofmyass (1)
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www.whattomine.com is a good place to start.

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April 27, 2018, 06:51:20 AM
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www.whattomine.com is a good place to start.

Welcome to Bitcoin Talk, and thanks for that introductory post. I gave you a merit to encourage you to keep making good posts about your progress ( hopefully not about bounty hunting Smiley ).

You might like to look at the mining section here, There are some very knowledgeable miners amngst the members.

The Fit to Talk English project is peaking at over 1,000 views in a four hour period - are you one of those guests?
If English is not your first language, then we can help you with your posting on Bitcoin Talk.
- PM me to join if you aren't a member. If you are a member, then we would love you to help other members.
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