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Author Topic: where to start  (Read 445 times)
hostmaster
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November 27, 2013, 03:26:47 AM
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I am very newbie i downloaded bitcoin software not sure if i did. I wonder how mining benefit and what are the topics for a newbie to read ?
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KieranJones1
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November 27, 2013, 03:28:48 AM
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If you're "very" new, I really don't advise even trying to start mining at this point. You'll need a lot of money (somewhere in the thousands of dollars) to afford a competitive mining rig, and it'll still take you several months and a lot in electricity costs before you break even.

This is probably the thread you're looking for.

Hope that helps!
Myer12
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November 27, 2013, 03:54:55 AM
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If I were you I would use the blockchain.info unless you want to have a better security.
WayTooGosu
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November 27, 2013, 04:07:10 AM
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You should simply use an online wallet to start off, they do everything for you and fast as well.

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November 27, 2013, 04:34:27 AM
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I agree. Unless you have a ton of money sitting around right now, just forget mining, at least as far as bitcoin is concerned. You are much better off purchasing bitcoin's online from BlockChain, Coinbase, LocalBitCoins or any other site that services the country you live.

PRiytwvb6PgstjBPTsMintS4fS2SnfZ1EJ
AllanAV
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November 27, 2013, 04:36:14 AM
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If you're "very" new, I really don't advise even trying to start mining at this point. You'll need a lot of money (somewhere in the thousands of dollars) to afford a competitive mining rig, and it'll still take you several months and a lot in electricity costs before you break even.

This is probably the thread you're looking for.

Hope that helps!

Read this FAQ this will clear up a lot of stuff:
http://www.reddit.com/r/BitcoinMining/comments/1qzmvj/updated_faqs_for_newcomers/
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November 29, 2013, 02:20:17 AM
 #7

If you're "very" new, I really don't advise even trying to start mining at this point. You'll need a lot of money (somewhere in the thousands of dollars) to afford a competitive mining rig, and it'll still take you several months and a lot in electricity costs before you break even.

This is probably the thread you're looking for.

Hope that helps!
thx appreciated
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