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Author Topic: The Best "Mining for Dummies" Guide?  (Read 1216 times)
fagshui (OP)
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December 16, 2013, 06:33:11 PM
 #1

Hi, all! Brand spankin' new to the forum!

So, I'm not entirely sure of why, but I've had a lot of intrigue lately as far as cryptocurrencies are concerned. I've been mining Dogecoin for a bit (for lulz) and have dabbled in Bitcoin mining a bit over the past few weeks. Mostly for fun, it's just interesting learning about the technology. Anyway, in honor of learning, I really want to find a super comprehensive and well-explained guide of how cryptocurrencies like Bitcoin and Litecoin... work. Like, explaining the technology—top to bottom—to someone who doesn't know a damned thing.

I'm always interested in learning as much as I can about something. I understand the basics of how everything operates. That is, I know enough to mine. But I really want to know everything there is to know. My friends ask me a lot of questions that, candidly, I just have no idea what the answer is.

So, please let me know what the most comprehensive yet comprehensible guide out there is! Most of the guides I'm finding are incredibly similar as to the amount of detail they go into, but I'm sure people around these parts will have found a bit better literature. Thanks so much, y'all!
gsmedia
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December 16, 2013, 06:35:16 PM
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@everyone

I'm with fagshul here. 
amcdon
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December 16, 2013, 07:35:08 PM
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Start here: http://bitcoin.org/bitcoin.pdf
_wayfarer_
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December 16, 2013, 07:36:59 PM
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Mining for dummies.... are you sure that's the best approach to get started?

Try my free BTC price alerts | In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497 - Warren Buffet
fagshui (OP)
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December 16, 2013, 07:41:15 PM
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Mining for dummies.... are you sure that's the best approach to get started?

Well, take "Mining for Dummies" with a grain of salt. What I mean is that I'm looking for something to explain cryptocurrencies entirely without any presuppositions as far as what the reader is already expected to know. I'm not looking for something "dumbed-down," sorry if that wasn't clear.
manobra
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December 16, 2013, 08:03:48 PM
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Hi!

I think we´re in the same way!...

I read a LOT of information (splited) but is too much information!! (hash rate, dificulty, etc...)

I have almost 100 computers that I can start mining with, but afraid to configure to the wrong coin and lost time and resources.

I read about miners softwares (guiminer, bfgminer, minerd, cgminer, etc..), pools, servers, ASICs, Rig, Linux, Python, Altcoins... OMG!!!

This guide could have "type of coin" is better to mine with "that miner software".

   I.E. Litecoin better mined with cgminer and normal computers / no GPU
         Bitcoin better mined with minerd and better with GPU/ASICs

With these information I could guide my computers to mining more efficiently.

Hope we got help!

Thanks!!
yessine
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December 16, 2013, 08:54:37 PM
 #7

if you open coincarz.com you will see many coins with daily profit but the problem is the variable difficulty ...
in my opinion it's bette to look for stable difficulty coin and safe coin mean there is no problem on it's blockchain like the case on galaxycoin

you can for example stick with grandcoin , litecoin you can make good daily profit if you use solar system

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