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Author Topic: I want to Mine Bitcoin  (Read 420 times)
gunhell16
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February 07, 2023, 07:32:12 AM
 #21

I want to mine Bitcoin than what will be the Best Mining Machines or Graphics card that I can buy for future cause I am just trying to save Money and but either Mining machines or Masternodes. Masternodes are also too much expensive too.

If you want to mine bitcoin, maybe you should try to take a look at it first dude before you decide what you want to do, at least you have an idea if what you are doing is right or wrong. This is the link https://www.nicehash.com/blog/post/how-to-start-mining-bitcoin-in-2022

Why not just mine alt crypto and convert them to Bitcoin? That's more efficient and saves you the hassle of hardware.

And what do you think is the best choice for altcoin mining? Do you have any suggestions on this matter?


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Maxre
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March 07, 2023, 05:45:45 PM
Last edit: March 08, 2023, 07:23:51 AM by Maxre
 #22

I want to mine Bitcoin than what will be the Best Mining Machines or Graphics card that I can buy for future cause I am just trying to save Money and but either Mining machines or Masternodes. Masternodes are also too much expensive too.
Oh bro you can mine Bitcoin by several methods and some of there are listed below.
1. Buy your 9wn mining machines
2. Run a powerful Masternodes like Dàsh Masternodes
3. Make investment in mining companies.
These are the simple ways to earn passive income.

touseefahmad1999
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March 16, 2023, 04:30:00 PM
 #23

Yes, masternodes can be expensive to set up, as they typically require a significant amount of cryptocurrency to be held as collateral in order to participate in the network. The amount of cryptocurrency required can vary depending on the specific cryptocurrency and the current market conditions.

 when it comes to Bitcoin mining, the best machines for mining Bitcoin are ASIC (Application-Specific Integrated Circuit) miners. These machines are specifically designed to mine Bitcoin and are more efficient at this task than other types of hardware. Some of the most popular ASIC miners for Bitcoin mining include Antminer S19 Pro, Bitmain Antminer S9, and Whatsminer M30S++.

Graphics cards, on the other hand, are typically used for mining other cryptocurrencies that are more suitable for GPU (Graphics Processing Unit) mining, such as Ethereum. Some popular graphics cards for mining include NVIDIA GeForce RTX 3080, AMD Radeon RX 6800 XT, and NVIDIA GeForce GTX 1660.


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March 17, 2023, 01:23:45 PM
 #24

It's true that masternodes are also very expensive. The machines and other equipment you need to buy for mining are very expensive.But the question is whether mining will be profitable? The amount of money you want to spend on mining, what is the probability of getting that money back with profit.Because the price of Bitcoin is very low.  For the past two years, the Bitcoin market has been observing the same position.  It is also not sure when Bitcoin will pump, so will it be possible to make good profit by mining Bitcoin.It is normal that miners will usually profit if the price of Bitcoin rises but if the market pumps more then.  Therefore, it is necessary to do a good analysis first.

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