I want to start Mining

[haleema]

I want to start mining in profitable coin, how i start and which hardware i need for mining, please guide me.

[Skinny48]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

[haleema]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

[anu1908]

you can't mine bnb. you get them from staking or farming/providing liquidity through dex such as pancake swap. check out whattomine to find out what coins you can mine plus whether it's profitable or not. the profit will depends on the cost (your electricity bill etc), so you have to figure it out on your own. it might take longer since the price of gpus are skyrocketing right now.

[Ramsete2]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

To mine the equivalent of one BNB daily you should need about 6-7ghs.
To reach that kind of hashrate, nowdays, you should invest more than 100k USD, if you are lucky to find the hardware, of course.
So, good luck!

[Bitfort]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

BNB price $450 ... it's pretty bold earning requirement to reach such daily returns for a newbie like you. (though not impossible)

As stated above BNB is not mined by hardware. You can only stake them  ... learn more about "proof of stake" (PoS)  to get into picture.
Briefly: Staking means you have to first own some BNBs, then you can lock them (locked BNBs can't be spend/send ). In return for this you will receive daily BNB rewards (as long as you keep them locked).
These rewards fluctuates between 7 to 20% yearly (0.02 to 0.05% daily ). Which means you would need to hold (and lock) between 2k - 5k BNBs (to get 1 BNB daily).

If you really want to "mine BNB" then you need to purchase any mining hardware and use it at any mining pool which allows payouts in various coins (for ex. prohashing.com ).
My guesstimate is you need to buy HW worth at least $80k. And get it for a reasonable price which is quite hard these days.
I would not recommend this way for newbie. You are entering uncharted waters. Be vigilant, beware of FOMO  ... don't go all in from very beginning.

TLDR.
Forget mining, just buy BNB, move them to trustwallet (it's binance supported wallet), stake them (find youtube guide), earn BNB rewards.
Note: For 1 BNB daily return by staking be ready to spend like $900k.
   

[adaseb]

Why is it that whenever BTC is rallying we always get newbies here who want to mine with their mininum hardware such as a laptop, MacBook, 2 GPU rig and instead of being happy with making like $5/day they want to make like $15000 a month.

My friends are also like that. They want to get into mining, I tell them that you buy a $500 GPU and you make like $2 a day. They are like “$2 not enough I want at least $50 a day” and they basically give up because it’s not “get rich quick money”.

[Synerggy]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

If your target is 1BNB daily well you will be spending thousands of dollars on equipments, 1BNB is close to 500$ so you will need  6GH of ETH hashrate and you will swap your 500$ ETH to BNB every day, this will cost you lots of money

[Synerggy]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

BNB price $450 ... it's pretty bold earning requirement to reach such daily returns for a newbie like you. (though not impossible)

As stated above BNB is not mined by hardware. You can only stake them  ... learn more about "proof of stake" (PoS)  to get into picture.
Briefly: Staking means you have to first own some BNBs, then you can lock them (locked BNBs can't be spend/send ). In return for this you will receive daily BNB rewards (as long as you keep them locked).
These rewards fluctuates between 7 to 20% yearly (0.02 to 0.05% daily ). Which means you would need to hold (and lock) between 2k - 5k BNBs (to get 1 BNB daily).

If you really want to "mine BNB" then you need to purchase any mining hardware and use it at any mining pool which allows payouts in various coins (for ex. prohashing.com ).
My guesstimate is you need to buy HW worth at least $80k. And get it for a reasonable price which is quite hard these days.
I would not recommend this way for newbie. You are entering uncharted waters. Be vigilant, beware of FOMO  ... don't go all in from very beginning.

TLDR.
Forget mining, just buy BNB, move them to trustwallet (it's binance supported wallet), stake them (find youtube guide), earn BNB rewards.
Note: For 1 BNB daily return by staking be ready to spend like $900k.
   

So 900k isn't enough to build a mining farm that can give you 500$ per day? You must be joking mate, I'm going to use dragonX innosilicon a10pro to make an example, this ASIC miner do 720MH and it costs 16349$ from my own GPU wholesalers in China, do the math, with 9 pieces of this miner you'd get 6.4GH at 147,141$ and you mentioned 900K ??

[Zotak337]

Why is it that whenever BTC is rallying we always get newbies here who want to mine with their mininum hardware such as a laptop, MacBook, 2 GPU rig and instead of being happy with making like $5/day they want to make like $15000 a month.

My friends are also like that. They want to get into mining, I tell them that you buy a $500 GPU and you make like $2 a day. They are like “$2 not enough I want at least $50 a day” and they basically give up because it’s not “get rich quick money”.

These are the people that ends up rushing out once bear market comes because they will feel their Dream is been crushed already, that's probably because they use their life savings to buy GPU instead of using spare money

[Zotak337]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

BNB price $450 ... it's pretty bold earning requirement to reach such daily returns for a newbie like you. (though not impossible)

As stated above BNB is not mined by hardware. You can only stake them  ... learn more about "proof of stake" (PoS)  to get into picture.
Briefly: Staking means you have to first own some BNBs, then you can lock them (locked BNBs can't be spend/send ). In return for this you will receive daily BNB rewards (as long as you keep them locked).
These rewards fluctuates between 7 to 20% yearly (0.02 to 0.05% daily ). Which means you would need to hold (and lock) between 2k - 5k BNBs (to get 1 BNB daily).

If you really want to "mine BNB" then you need to purchase any mining hardware and use it at any mining pool which allows payouts in various coins (for ex. prohashing.com ).
My guesstimate is you need to buy HW worth at least $80k. And get it for a reasonable price which is quite hard these days.
I would not recommend this way for newbie. You are entering uncharted waters. Be vigilant, beware of FOMO  ... don't go all in from very beginning.

TLDR.
Forget mining, just buy BNB, move them to trustwallet (it's binance supported wallet), stake them (find youtube guide), earn BNB rewards.
Note: For 1 BNB daily return by staking be ready to spend like $900k.
   

So 900k isn't enough to build a mining farm that can give you 500$ per day? You must be joking mate, I'm going to use dragonX innosilicon a10pro to make an example, this ASIC miner do 720MH and it costs 16349$ from my own GPU wholesalers in China, do the math, with 9 pieces of this miner you'd get 6.4GH at 147,141$ and you mentioned 900K ??

A10pro is 25,000$ on Amazon but still 9x of that isn't even up to 200k so yes this a a better option compare to buying BNB direct and staking, it costs way too much but also it's better if free electricity is available so when bear market starts it won't hurt much

[CrossroadBTC]

I want to start mining in profitable coin, how i start and which hardware i need for mining, please guide me.

You are aiming way too high, if you have plan to make 500$ every month wait and build for farm in bear market, you will get GPUs for cheaper price or even ASIC miners too, you could be looking into 50k for 5GH to 6GH in bear market

[HashingTower]

You are a newbie 😏 so I'm sure you can't even set up a mining farm correctly, why can't you start with one GPU and see how that goes? Maybe you will end up liking it or not? For a newbie setting up mining rig will be so challenging

[haleema]

Much thanks to all.
1 BNB is not my target however its a poor  knowledge of mine, I am very new here and this is the best place of learning and understanding about mining.
Please guide as i requested, I want start a profitable mining of any coin which is secure and potential.

[steven198994]

Hello, you can find out the information below

The pool that you can use: https://ethermine.org/?theme=dark

The miner that you can use: https://github.com/NebuTech/NBMiner/releases

And the video that help you bring up everything: http://adfoc.us/69252380879488

[deadsix]

I want to start mining in profitable coin, how i start and which hardware i need for mining, please guide me.

Enough threads on this forum telling you what you need to do, if you can be bothered to read through them. Start topics when you are stuck somewhere, not when you're too lazy to do any groundwork.

[Squezzi55]

Maybe what you need is a crypto mining calculator? You can see how much a GPU will give your every 24 hrs/day so you will know how many GPUs you can afford to buy

https://minerstat.com/hardware/nvidia-gtx-1660

[Bitfort]

Do you have a GPU atleast? Download Nicehash on your PC and benchmark to start mining, it's very easy to set up, if you don't have any GPU you will need to buy one, a rx580 or gtx1660 super is the minimum GPU I recommend

if i buy 1 gpu, a rx580 or gtx1660 it will covered the  electricity bill, or its only for experiment, i need proper guideline because i am interested in mining 1 bnb daily, how much my cost of hardware and how much my expenses. Thanks

BNB price $450 ... it's pretty bold earning requirement to reach such daily returns for a newbie like you. (though not impossible)

As stated above BNB is not mined by hardware. You can only stake them  ... learn more about "proof of stake" (PoS)  to get into picture.
Briefly: Staking means you have to first own some BNBs, then you can lock them (locked BNBs can't be spend/send ). In return for this you will receive daily BNB rewards (as long as you keep them locked).
These rewards fluctuates between 7 to 20% yearly (0.02 to 0.05% daily ). Which means you would need to hold (and lock) between 2k - 5k BNBs (to get 1 BNB daily).

If you really want to "mine BNB" then you need to purchase any mining hardware and use it at any mining pool which allows payouts in various coins (for ex. prohashing.com ).
My guesstimate is you need to buy HW worth at least $80k. And get it for a reasonable price which is quite hard these days.
I would not recommend this way for newbie. You are entering uncharted waters. Be vigilant, beware of FOMO  ... don't go all in from very beginning.

TLDR.
Forget mining, just buy BNB, move them to trustwallet (it's binance supported wallet), stake them (find youtube guide), earn BNB rewards.
Note: For 1 BNB daily return by staking be ready to spend like $900k.
  

So 900k isn't enough to build a mining farm that can give you 500$ per day? You must be joking mate, I'm going to use dragonX innosilicon a10pro to make an example, this ASIC miner do 720MH and it costs 16349$ from my own GPU wholesalers in China, do the math, with 9 pieces of this miner you'd get 6.4GH at 147,141$ and you mentioned 900K ??

$900k is the amount OP would have to spend buying BNBs to get 1 BNB daily STAKING earnings.

Much thanks to all.
1 BNB is not my target however its a poor  knowledge of mine, I am very new here and this is the best place of learning and understanding about mining.
Please guide as i requested, I want start a profitable mining of any coin which is secure and potential.

IMO your simplest way to start is buy a single BNB (it's the minimum amount which can be staked so rather buy a little more because of withdrawal fees). Lock it for staking ... see how it works ... decide further approach.
The thing is if BNB price skyrockets to $1k then you will keep earning 1 BNBs daily by staking. But had you bought mining rig (e.g. 9x a10pro as suggested above ) you would be earning $450 daily (but only 0.5 BNB ). Catch my drift?
On the other hand it could be exact opposite ... but that's up to you to decide (take the risk). Do not rely solely on others opinions, make our own.

I would say BNB was a good choice of yours.
If you believe BNBs has a potential and price will keep going up then the best way is to directly buy BNB and stake.
If you're not sure or in doubt about BNB upward price movement then look for alternative.

Just be aware taking care of mining farm is not an easy task (depends on your technical background). You could be facing power, heat, noise issues, equipment failures etc. ( staking is way more comfortable for an average Joe user )
Most of current standard ASICs are very noisy machines with huge power draw which you simply can't keep at home.
 
HINT: visit asicminervalue.com to see ASICs noise levels,power draws, profitability ... and make your choice.

[Hotdog Vendor]

I want to start mining in profitable coin, how i start and which hardware i need for mining, please guide me.

You are aiming way too high, if you have plan to make 500$ every month wait and build for farm in bear market, you will get GPUs for cheaper price or even ASIC miners too, you could be looking into 50k for 5GH to 6GH in bear market

He wants like $500 a day..... honestly hes asking way too much. Im guessing he doesn't have hundreds of thousands $ spare.

[adaseb]

I’ve been in crypto since 2013 years or so and most people whenever they hear that I’m an expert they ask me about mining. I explain to them how you need specific equipment such as ASICS and low power costs. When they find out you make so little they either think I’m lying or just they give up.

Bitcoin and crypto is associated with the whole “get rich quick” mentality. Because when you think of a Bitcoin investor you think of someone that is wealthy. And it’s true for those that mined back in the day with their old GPUs. However many don’t realize that there is something called difficulty and that it’s vert difficult for a new comer to make decent money with mining let alone “get rich quick” type of money. If it was this easy, everybody would be mining instead of working.