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Topic: Help for a beginner (Read 646 times)
libert19
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Re: Help for a beginner
April 26, 2019, 12:48:26 PM
#41
Quote from: shaheer001 on April 26, 2019, 12:31:29 PM
I will not recommend you mining as you are beginner.
Everyone got to start somewhere, don't discourage him by saying that, specially when one wants to try.
Quote
and now a days mining is difficult due to high electricity price.
Depends, there are places where electricity is free or very cheap..
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JeffBrad12
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Re: Help for a beginner
April 26, 2019, 01:00:07 PM
#42
Quote from: libert19 on April 26, 2019, 12:48:26 PM
Quote from: shaheer001 on April 26, 2019, 12:31:29 PM
I will not recommend you mining as you are beginner.
Everyone got to start somewhere, don't discourage him by saying that, specially when one wants to try.
Quote
and now a days mining is difficult due to high electricity price.
Depends, there are places where electricity is free or very cheap..
I guess he was saying based on the fact. Where do you know if there was a place that put cost less than 10 cents for each KWH? that looks impossible to find that place. Even those big bitcoin miners that gets electricity cost around 10 cents get big lost.
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l3pox
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There's no need to be upset
Re: Help for a beginner
April 26, 2019, 03:08:59 PM
#43
Quote from: starkovblue on April 26, 2019, 08:17:19 AM
Quote from: Lucasgabd on April 24, 2019, 07:41:01 PM
Quote from: kotikadze on April 22, 2019, 12:30:48 PM
Quote from: starkovblue on April 21, 2019, 02:00:50 PM
<..>
Tell me how to choose or guess these projects? After all, there are no guarantees that modern projects will cost something in a few years.
it's not that much about guessing but more about analysis.
cointrader_nic has extensive material on the topic,I suggest you to check his PDF
The Definitive Guide To Altcoin Selection: The 23 Criteria I Filter For Prior To Entering A Position
(way more material on the extensive list I keep here:
http://bit.ly/goodbitcoinarticles
)
Thanks for the links.
In general, it is necessary to look not only at the project metrics, but at who is in development and what funds are invested.
Usually it is for good developers with excellent funds that everything ends up as it should.
my pleasure! send me some merits if possible
Quote from: Saugani on April 26, 2019, 12:28:45 PM
Quote from: Lucasgabd on April 17, 2019, 06:43:32 PM
Quote from: secdark on April 17, 2019, 01:42:38 PM
- how hot is it here, will it need refrigeration?
<...>
totally get your point with alternative cooling systems such as water immersion, do you think they work well on places that reach 40 degree celsius on summer?
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DeathProxy
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World's First Crowd Owned Cryptocurrency Exchange
Re: Help for a beginner
April 26, 2019, 04:39:45 PM
#44
It seems as if you are a novice in minning which is very bad. I expect to have gather some valuable information before venturing into minning. You need to consider having Reliable electricity supply at your reach and have adequate Ethernet (wireless can do, but Ethernet is the best) service at your reach also. And try to watch YouTube videos on minning and how iy works so as to be sure you doing the right thing
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VanDeinsberg12
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Re: Help for a beginner
April 27, 2019, 12:02:22 AM
#45
Quote from: DeathProxy on April 26, 2019, 04:39:45 PM
It seems as if you are a novice in minning which is very bad. I expect to have gather some valuable information before venturing into minning. You need to consider having Reliable electricity supply at your reach and have adequate Ethernet (wireless can do, but Ethernet is the best) service at your reach also. And try to watch YouTube videos on minning and how iy works so as to be sure you doing the right thing
ethernet doesn't matter a lot but electricity does it. Mining is a long term activity and anyone should not expect their ROI but it's about how they can get stable income from their mining that cover all of the expenses costs. it's a difficult task for newbies.
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