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Author Topic: Mining advice  (Read 402 times)
Bonwin
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August 06, 2018, 11:51:45 PM
 #21

Before you can go fully into mining, you need to get and out every thing necessary in place. Participate in other way of earning, whatever you are able to get at they end, might be enough to get a good set of mining kits.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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goldencrypto7100
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August 07, 2018, 12:07:34 AM
 #22

Are you new in mining or crypto world? If you have any experience in crypto world then i think you should know that mining is not possible now with your computer.
jayco25
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August 07, 2018, 12:22:46 AM
 #23

Since you do not have a gpu yet
Simply spend your time and participate in valuable airdrops and commendable bounty programs to get huge tokens then trade them for bitcoin to buy your mining set

I think this is the best advice for you. I also planning to have mining rig all my earning from airdrop and bounty could help me to buy set. Consider also that bounty and airdrop is profitable as long as you know how to do some research and need some effort.

#Support Vanig
easybtcearn07
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August 07, 2018, 12:51:26 AM
 #24

Mining coin is something which requires sheer programming knowledge, equipment set and also electricity. As you are planning to do it alone, I hope you have got all the three. For now I'd recommend first invest in BTC and acquire better knowledge about current market.
UnknownUsername
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August 07, 2018, 12:53:22 AM
 #25

better buy than try mining today because you would end up pennies worth of altcoins and a bigger electricity bill in the future.
bitcoindiary
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August 07, 2018, 12:58:23 AM
 #26

For mining you must need a gpu. Without it you cannot start mining. Before getting gpu, you can join in bounty program and earn some cash for buying gpu.
YGRJ
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August 07, 2018, 01:14:18 AM
 #27

you can do research here https://bitcointalk.org/index.php?board=160.0, search for CPU mining, but FYI CPU mining are not profitable now, you need hodl and wait. i also mining nimiq and jsecoin using my office PC while i work... Grin

since you still newbie, u can join the social media bounty campaign. now recommend to join airdrop because too much scam now. signature campaign for newbie are not much choices but u can try. https://bitcointalk.org/index.php?board=160.0

 

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Jendral Istimewa
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August 07, 2018, 01:37:12 AM
 #28

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

With only a cpu, you cannot mined any coins, unless you have a anykind of gpu to start to. Mining a coins is not easy as you think, you need to have a good specs of pc or build a mining equiptment which is very expensive right now, it is either of this two, this both are spending alot of money to build up. So as long as you dont have gpu yet to be use, you cannot start mining.
if you are serious about mining please buy existing tools such as motherboards, SSD, RAM, PSU and GPU. and you can directly mine altcoins. my advice, choose an ETH coin to be mined because ETH has a future and the price is very good.

deepcryptomine
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August 07, 2018, 01:40:56 AM
 #29

Yes, it is advisable. I've been mining on my laptops for awhile and no matter what someone says, I've mined enough to buy couple of new laptops.
deepcryptomine
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August 07, 2018, 01:43:17 AM
 #30

Yes, it is advisable. I've been mining on my laptops for awhile and no matter what someone says, I've mined enough to buy couple of new laptops.
However I would like to clarify that you may need to wait a little as well. Two coins that gave me the most profit back in the days were Zoin and Intense. I was mining them when the difficulty was low but still took it a long time before I could get some good profit on it.
Janienregado1992
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August 07, 2018, 01:48:21 AM
 #31

this is my advice to you when youre in mining !!! you need to invest mining like 100$ so youre mining status will be fast as they other mining !! you need to invest big in that mining pool!! to get faster mining!!
ariesjia
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August 07, 2018, 02:01:10 AM
 #32

My advice for you is to dedicate your time to focus on Airdrop and bounties
In fact profitable bounty programs

There is a lot of advantages in learning on this forum too
Don’t be left behind dude
I agree with you, because from the results of the bounty and airdrop you can buy a computer device with a higher specification.
You just need to spend your time to get a lot of money.
yanto@1977
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August 07, 2018, 02:07:39 AM
 #33

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

You should have better equipment than that, mining is not easy. I already did that and stop it because need electricity in high quantity and the result is very small, can't pay the bills. I suggest you try referral program to raise higher speed from your mining activity. Before that, please calculate your in out income because bitcoin price is too low. Think again before start and good luck to you.

itoybtc
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August 07, 2018, 02:35:33 AM
 #34

Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you

When it comes to mining activities for you to have more knowledge about the specifications needed for a computer. In your case you have a Intel core i5 4th gen CPU so you will able to mine a smaller coin but it can't be covert for a bigger coin so you must first have combination of CPU and GPU to work in mining. In some point much better to start first to mine a smaller coin and afterwards if you are able now to buy a GPU to help and to power up your mining so that's the time for you to mine a bigger coin and exchange it to cash to upgrade your computer to mine more bigger coins in the future.
angelfaria
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August 07, 2018, 12:27:02 PM
 #35

I really appreciate your interest over learning about mining but to be honest if you are new here then my advice will be at first try to understand the system very nicely cause mining is not as easy as you think so you must learn the mining process properly
sofmyhad
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August 07, 2018, 01:01:58 PM
 #36

In accordance to the current situation it will be so difficult for mining in the future because it is not so profitable now and there are too many ways to earn money.
twobits
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August 07, 2018, 01:09:48 PM
 #37

Since you do not have a gpu yet
Simply spend your time and participate in valuable airdrops and commendable bounty programs to get huge tokens then trade them for bitcoin to buy your mining set

I think this is the best advice for you. I also planning to have mining rig all my earning from airdrop and bounty could help me to buy set. Consider also that bounty and airdrop is profitable as long as you know how to do some research and need some effort.

#Support Vanig
At least you must do a lot of research about how many ROI, the profitability, electricity and maintenance cost. They are important things before try build your mining rig to mine the coin. remember the difficulty is always increase anytime and it could become another problem that gives a huge impact to your ROI.

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tamango
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August 07, 2018, 02:14:37 PM
 #38

take a serious look and read at mining section.. you will discover that doing mining is not an easy activity and it's not so lucrative unless you have a very chep price of energy and a good amount of $$$ to invest.
pawanjain
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August 07, 2018, 02:47:33 PM
 #39

You are late bud. The time has gone when CPU could have gained you good amount of profits through mining. The difficulty has raised so much that it is almost impossible to mine crypto through a CPU. The computational power a CPU can go to at the maximum won't be just sufficient to mine at least a few coins. Although there are a few coins which can be mined through CPU it won't generate you enough money to take out good profits. So you should either consider in investing in GPUs and build a rig or directly invest in Cryptocurrencies and start trading.

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August 07, 2018, 03:49:06 PM
 #40

You will require having high power CPU but you will also need other specific equipment for mining. Moreover you will also need to have knowledge and expertise. Try to take part in the airdrops as well as in the bounty campaigns.
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