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Author Topic: How does Bitcoin Mining Software work?  (Read 2822 times)
BitcoinSean
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March 03, 2014, 02:27:24 PM
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I have a couple of questions about how Bitcoin Mining Software works. Firstly, does it run on my computer with a connection to the internet? or Does it run on a website / server hosted online? and second, Where can I get this software? and Roughly how much will software like this cost me? Tongue
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KWH
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March 03, 2014, 02:29:49 PM
 #2

I have a couple of questions about how Bitcoin Mining Software works. Firstly, does it run on my computer with a connection to the internet? or Does it run on a website / server hosted online? and second, Where can I get this software? and Roughly how much will software like this cost me? Tongue

Poke around the forums a bit, all your questions are already answered.  Cool

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
OnkelPaul
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March 03, 2014, 02:33:22 PM
 #3

Mining software runs on your computer, and it's freely available from various places.
 
BUT...

Bitcoin mining with a generic PC (even if it has a decent graphics card) is not going to be profitable - you need specialized hardware, forget about mining with your current PC. And buying specialized hardware (ASICs) is also very unlikely to return a profit unless you know really well what you need and what it is worth.

Onkel Paul

BitcoinSean
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March 03, 2014, 02:34:56 PM
 #4

I did have a look, couldn't see a thread, there is a lot of threads though and because I couldn't see one with what im looking for I created a new one. Can you answer any of the questions in my opening post?

Update..
@OnkelPaul: Thanks for you reply.
KWH
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March 03, 2014, 02:55:51 PM
 #5

I did have a look, couldn't see a thread, there is a lot of threads though and because I couldn't see one with what im looking for I created a new one. Can you answer any of the questions in my opening post?

Update..
@OnkelPaul: Thanks for you reply.

Start here:

https://bitcointalk.org/index.php?board=42.0

Then go here:

https://bitcointalk.org/index.php?board=40.0
https://bitcointalk.org/index.php?board=4.0

Then look here:

https://bitcointalk.org/index.php?board=83.0


Plenty of good reading there.

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
whatsthestory
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March 03, 2014, 06:18:01 PM
 #6

I did have a look, couldn't see a thread, there is a lot of threads though and because I couldn't see one with what im looking for I created a new one. Can you answer any of the questions in my opening post?

Update..
@OnkelPaul: Thanks for you reply.

Start here:

https://bitcointalk.org/index.php?board=42.0

Then go here:

https://bitcointalk.org/index.php?board=40.0
https://bitcointalk.org/index.php?board=4.0

Then look here:

https://bitcointalk.org/index.php?board=83.0


Plenty of good reading there.

Thanks a lot for doing a guide list ! That's much easier way to get into everything
KWH
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March 03, 2014, 07:10:34 PM
 #7

Glad to be of help.  Grin

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
JPSelzer
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March 06, 2014, 07:29:49 AM
 #8

though your questions are already answered in other branches, it would be great if anybody here has given short answer in one place

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HellDiverUK
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March 06, 2014, 09:26:39 AM
 #9

Firstly, does it run on my computer with a connection to the internet?

It runs off a Bitcoin only system called Compuserve.  You need a modem or if you're really lucky, an ISDN line.
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Does it run on a website / server hosted online? and second,

It runs using Windows 95's communications program.  Make sure your baud rate is correct.

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Where can I get this software? and Roughly how much will software like this cost me? Tongue

I'll send you it floppy disks.  It'll be £200+shipping.


Wanesst
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March 14, 2014, 07:38:21 PM
 #10

It's a very useful branch. Thanks for info!

justbtcme
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March 20, 2014, 01:41:27 AM
 #11

Excellent.
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