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Author Topic: I'm new and looking to teach my kid this  (Read 270 times)
Florida-Man (OP)
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November 16, 2021, 01:20:42 AM
Last edit: November 16, 2021, 02:27:14 PM by mprep
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 #1

Thanks for reading... I have a special needs kido who is wanting to learn how to mine.  He's on the autism spectrum, and has some very unusual interests for a 10 year old.... 

Anyway, I am not that knowledgeable of a guy when it comes to this stuff, but I am looking to teach him and be involved in something he has an interest in.  I am not looking to be profitable.  My son loves numbers, and I this topic seems to fascinate him.

I purchased a used ASCI gridseed orb miner.  Based on the price I paid I know it's old, and again, not going to be profitable. 

Has anyone used one of these in the past that would not mind aiding in helping a noob, or point me in the direction of setting up.

Checklist:
He has decided he wishes to mine "Lite coin"
We have set up an account on a pool.

Unsure on software etc that is needed to run this thing and get hooked up to start mining.

Sorry for the stupid questions.  Than you in advance.



After doing a bit more reading, will go with CPU miner, Getting close to kidoz bedtime so will be putting this down for the night. 

Thank you in advance to anyone who has any hints.

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November 16, 2021, 05:51:09 AM
 #2

Hi and welcome here! This forum isn't too miner focussed anymore but there's still a lot of stuff in its history that might be useful.

Miners normally come with their own software or guides on how to use them (I think there are a few competitors out there for non ASICs). Do you know what miner you're thinking of going with (or what you're going between)?

You can check the profitibility of mining on sites like this (I only mention profitibility because some pools might not pay you if they don't think you're mining fast enough): https://www.stelareum.io/en/mining/profit.html (I haven't tested this one it was just the first most simple result that came up, you can test a few and see what seems right).

Also I remember bitmain did an antrouter ltc version which just had one chip in it and ran as a Hotspot - so just acted like a WiFi extender that mined litecoin - if he's happy just with the idea he's running a miner and still gets to set it up then that might be a good option.

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November 16, 2021, 06:18:20 AM
 #3

Sorry for the stupid questions.  Than you in advance.
No, it's not a stupid question, it's a decent and professional question, crypto mining has a higher risk than investing and trading, you have the right to ask what you don't know for the good of your child in the future operating a mining crypto.

Crypto miners should have good information and experience, starting from the devices used, space, electricity, computers, GPUs and also other things related to miners, which are worth using.

For that at least, as initial information for you, so that you can tell your child, try to study the miner's information below.

Topic: BITCOIN MINING INTRO & RULES OF THIS SUBFORUM - READ BEFORE POSTING

Then you frequently visit mining discussion boards here: https://bitcointalk.org/index.php?board=14.0, you will find complete information there, oh yes, one more thing if something is wrong, in doubt about how to do mining just ask there, the official mining board.

Good luck, for your child.

R


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November 16, 2021, 06:49:12 AM
 #4

... I am not looking to be profitable.  My son loves numbers, and I this topic seems to fascinate him.

I purchased a used ASCI gridseed orb miner.  Based on the price I paid I know it's old, and again, not going to be profitable. 

I don't get it.

If you are going to mine, why not mine something profitable? Teaching your child an activity that makes you lose money doesn't seem like a good idea.

Another thing is that you try to mine something profitable and then, due to market fluctuations or whatever, you lose money, so he learns what investments are, which do not always work out well.

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November 16, 2021, 10:48:25 AM
 #5

Thank you in advance to anyone who has any hints.

Getting into the mining business can be an exciting endeavor, especially if you are just doing it for the learning experience. However, my first recommendation is to stay away from used ASIC miners. These devices have most likely already served their purpose and are nearing their end. Your purchase will be a waste of money.

I recommend starting small, with the hardware you already have. The graphics card you bought for your gaming computer will do just fine for this purpose. It won't be profitable considering the costs of electricity, but the same goes for used ASIC miners. However, at least it won't require additional investments that you will never be able to recoup.

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November 16, 2021, 06:51:38 PM
 #6

If you are going to mine, why not mine something profitable? Teaching your child an activity that makes you lose money doesn't seem like a good idea.
It seems to just be a learning process for the kid to build up more knowledge about a topic that interests them. Profit would also be nice in the scenario but not the main objective of starting up in the first place, particularly as they are quite unsure where exactly to start.

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November 17, 2021, 09:58:47 PM
 #7

Hello welcome.
It seems interesting.
And before deicing something, it seems that you must have considerations why you support your son to do this even you both are new to this.
By the way, have you considered why exactly your son is loving to do this activity
Did he read something about mining in a site which is there are some kids that are doing so  and they an earn much money?
or other expectations to have to him itself?
Because this is something new to you both, so the best way is to let him learn about this exactly, how this actually work, don't forget also to  tell about the probabilities coming later, the risks, and also the profits.
Even you are not meaning to have profits, but at least, you need to set a goal, not only about loving numbers.
So, maybe you can guide him to  set the exact goal of this activity.
And of course, you also need to join learning in order to focus more and understand ore about mining word, cryptocurrency, and other crypto activities.

R


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November 17, 2021, 11:54:14 PM
 #8

"Teaching Blockchain to kids" This was always a Dilemma question even if it's a extreme imaginary , Blockchain in the meantime isn't something to be that easy for many Devs acting in the digital network, how it would be for kids with no conscience about real life complexeties.
It's even hard to find blockchain exmples in real life which you explain for kids.
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November 18, 2021, 06:00:09 AM
 #9

... I am not looking to be profitable.  My son loves numbers, and I this topic seems to fascinate him.

I purchased a used ASCI gridseed orb miner.  Based on the price I paid I know it's old, and again, not going to be profitable. 

I don't get it.

If you are going to mine, why not mine something profitable? Teaching your child an activity that makes you lose money doesn't seem like a good idea.

Another thing is that you try to mine something profitable and then, due to market fluctuations or whatever, you lose money, so he learns what investments are, which do not always work out well.
That's what i was thinking that if you are spending money on buying ASIC and want your kid to enter into mining business then why don't you choose a coin with profits only as we have articles of teenagers making $30k a month by mining eth coins by learning from YouTube tutorial and have discussion about them on forum so why don't you go that way? You will only need to spend some extra funds but it's better if you make profits as wasting them just for your kids fun is not an good idea.Make him aware about the technology from YouTube or go visit mining board of this forum and you will get lot of information there.Do the best for your kids at an early age man.

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November 18, 2021, 02:40:12 PM
 #10


After doing a bit more reading, will go with CPU miner, Getting close to kidoz bedtime so will be putting this down for the night. 

Thank you in advance to anyone who has any hints.

Gridseed Orb 5 Chip ASIC USB Miner
Product Key Features
Hash AlgorithmScrypt, SHA-256
Processing Speed (GH/s)700kH/s
https://www.ebay.de/p/1176846289
Did you buy it?
If you want your child to learn how to mine, then buy a better modern video card. No worse than RTX 3060
You can certainly buy an ASIC, but I think it will be uncomfortable in the apartment because of the noise.
The child will learn faster if he gets a real profit.

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November 18, 2021, 03:43:21 PM
 #11

After doing a bit more reading, will go with CPU miner,

That was a wise choice, it's the simplest. What is it your kid likes about mining? Mining itself is pretty boring,
it's only the dashboard that would have any appeal for a 10 year old.

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November 19, 2021, 05:08:58 PM
 #12

After doing a bit more reading, will go with CPU miner,

That was a wise choice, it's the simplest. What is it your kid likes about mining? Mining itself is pretty boring,
it's only the dashboard that would have any appeal for a 10 year old.
If you want your child to become a top programmer, will you give him a Pentium 4?
Of course, you can write programs on a Pentium 4 computer, and many years ago at the university I did it.
But now is a different time, so the only way to interest a child is to give him a decent profit in the beginning.

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gloriamartin
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November 23, 2021, 04:02:16 AM
 #13

I am not at all saying that mining crypto or entering into this market will not be profitable for your kid, but before taking any such step that may impact his/her entire life, it's better to teach them about it first through videos and books and find out if your kid is even interested in the mining business or not. Because the crypto world requires your time and energy, and if your kid is not willing to give that determination and dedication, then there is no use of wasting your money.
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November 25, 2021, 04:29:52 PM
 #14

I am not at all saying that mining crypto or entering into this market will not be profitable for your kid, but before taking any such step that may impact his/her entire life, it's better to teach them about it first through videos and books and find out if your kid is even interested in the mining business or not. Because the crypto world requires your time and energy, and if your kid is not willing to give that determination and dedication, then there is no use of wasting your money.
When I studied programming in schloll, we probably studied theory for 3 months and drew a block diagram. I hated programming after that. Until my close friend put me at the computer and helped me write the Hello World program. I got more value in these 10 minutes than in 3 months of schooling.
For a child, practice on modern equipment is interesting, and not theory and work on ancient devices.

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Florida-Man (OP)
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November 29, 2021, 07:09:53 PM
 #15

Hello welcome.
It seems interesting.
And before deicing something, it seems that you must have considerations why you support your son to do this even you both are new to this.
By the way, have you considered why exactly your son is loving to do this activity
Did he read something about mining in a site which is there are some kids that are doing so  and they an earn much money?
or other expectations to have to him itself?
Because this is something new to you both, so the best way is to let him learn about this exactly, how this actually work, don't forget also to  tell about the probabilities coming later, the risks, and also the profits.
Even you are not meaning to have profits, but at least, you need to set a goal, not only about loving numbers.
So, maybe you can guide him to  set the exact goal of this activity.
And of course, you also need to join learning in order to focus more and understand ore about mining word, cryptocurrency, and other crypto activities.

Thank you.

He's on the autism spectrum.  He is fascinated with numbers. He's 10 and reads books about java scripting, and I have no idea how to help him with this... I honestly don't know why he's interested in this and wish it was something I could teach him about, but that's not the hand I was delt.   We got a small rig up and running, and now he's telling me about all different crypto currencies, and I have learned more about etheryum than I ever wanted to know along with some book he wants to get to learn how to program contracts on etheryum.... I really don't know what he's talking about.

We did a few projects related to this, an not all are crypto related, but on my level...  He helped me build a table for the garage for the equipment to rest on, reviewed wire diagrams.  I have a solar set up in the house, so we built a 12v circuit for the rig. 

He enjoyed writing the bat file to execute the BFG script.



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